Search
south bay digs, issue #33, french riviera,hill section, manhattan beach, manhattan beach hill section, ed kaminsky, shorewood realtors, itzsold, itz sold

Manhattan Beach Hill Section Prices Reach All-time High

The Hill Section in Manhattan Beach has reached a new record high median sales price of $4,050,000 in May 2018, up 41.1% from a year earlier when the median sale price was $2,870,000.

By

Share

Manhattan Beach Hill Section Set New Record High Median and Average Sales Price

The average sale price also hit a new high of $4,696,250 in May, up 45.2% versus last May. Additionally, the average number of days on market fell 59.4% to just 28 in May 2018 versus last May, when the average number of days on market was 69.

If we look back ten years, the lowest-priced single-family residence sold in the Hill Section is 402 Larsson Street, which sold for $816,000 in June 2009. The highest sale price in the Hill Section was $20,000,000 for 814 Pacific Avenue, which sold last August.

Manhattan Beach Hill Section Year-Over-Year
$4,696,250 | + 45.2% 

Manhattan Beach Hill Section | Active

Active listings7
Minimum list price$2,350,000
Maximum list price$6,199,000
Average list price$4,388,286
Median list price$4,399,000
Average days on market82
Months of inventory3

Manhattan Beach Hill Section | Sold

Closed Sales Y-T-D12
Minimum close price$1,930,000
Maximum close price$8,050,218
Average close price$4,721,770
Median close price$4,747,500
Average days on market54
Average sales discount-0.0060% under list

Current Market Snapshot:  Single Family Residence *As of 6.26.18. MRMLS single-family residence average sales in Manhattan Beach Hill. Information is deemed accurate but not guaranteed.

Hero Image: Brian Holm, Avenue Eye

RELATED TAGS

Playing the Long Game: The Infinite Game

Infinite games, unlike finite ones, have no defined endpoint and invite us to constantly evolve and improve. Success isn't about beating the competition but outlasting it. In a world filled with 'finite games,' embracing an 'infinite mindset' can set you free from limitations and lead to a path of abundance and continual growth.

Subtracting Obstacles, Adding Success: The Path of Strategic Reduction

Embracing "less is more" prompts us to question the value of our actions. By stopping what doesn't matter, we enrich our lives through subtraction. Prosperous individuals understand this. Success often means eliminating distractions and focusing on essentials, propelling acceleration through subtraction.

The Rebirth of Santa Monica’s Iconic Georgian Hotel

The iconic Georgian Hotel in Santa Monica reopened its doors in April, unveiling a stunning transformation led by Fettle Design. With a rich history that hosted Hollywood legends like Marilyn Monroe, the hotel's restoration, guided by BLVD Hospitality, gracefully balances its storied past with modern hospitality.
  • August 23, 2023
  • Karine Monié

Sterling-Huddleson Architecture’s the Edge Residence in Pebble Beach

The Edge, a stunning contemporary home located in the picturesque community of Pebble Beach, California, is a masterful creation by Sterling-Huddleson Architecture. The result is a breathtaking residence that seamlessly blends advanced building technology and timeless contemporary design.
  • August 23, 2023
  • Jenn Thornton

Of Possible Unveils Stunning Loft Living Concept in Williamsburg

Explore the soon-to-be-completed building at 103 Grand Street, Williamsburg, offering three units designed to capture the spirit of this historic area. Led by Rise Development and architect Vincent Appel of Of Possible, each unit boasts its own outdoor space and a seamless connection between interior and exterior.
  • July 13, 2023
  • Karine Monié
Sign Up for DIGS Newsletters