Manhattan Beach Housing Market Report – May 2026
Here's a look at how the Manhattan Beach, CA real estate market performed in May 2026, based on actual sold data from the MLS.
Market Snapshot
- Homes Sold: 38
- Median Sale Price: $3,725,000
- Average Sale Price: $4,295,546
- Average Price Per Sq Ft: $1,854
- Average Days on Market: 60
- Sale-to-List Price Ratio: 100.4%
Month-Over-Month Trends
Compared to April, the median sale price in Manhattan Beach moved 2.0% down (from $3,800,000 to $3,725,000). The number of homes sold was 25.5% down compared to the prior month (51 vs. 38). Average days on market shifted 5.3% up (57 days to 60 days).
Year-Over-Year Comparison
Compared to May 2025, the median sale price is 31.4% up (from $2,835,000 to $3,725,000). Sales volume is 5.6% up year-over-year.
What This Means
Manhattan Beach's luxury market is showing signs of cooling momentum as we head into summer. While the median sale price of $3.725 million remains substantially higher than last year—up 31.4% annually—this month's 2% dip from April suggests we're reaching a natural equilibrium after a strong spring. The real story is in velocity: homes are taking 60 days to sell on average, up from 57 days last month, indicating buyers are taking longer to commit. With 38 homes sold versus 51 in April, transaction activity has slowed noticeably, though year-over-year comparisons show modest growth at 5.6%.
What's particularly telling is that sellers are holding their ground—homes sold for 100.4% of list price, meaning the market remains balanced despite longer selling times. The $108 active listings represent meaningful inventory at this price point, yet the median asking price of $4.847 million sits notably above actual sales prices, suggesting some seller expectations may need adjustment. For beachfront properties commanding nearly $1,900 per square foot, this modest pullback feels normal for late spring in a premium coastal market. The underlying fundamentals appear sound, though don't expect the explosive appreciation we saw year-over-year to continue indefinitely.
Manhattan Beach Sales by Zip Code
| Zip Code | Homes Sold | Median Price | Avg $/SqFt | Avg DOM |
|---|---|---|---|---|
| 90266 | 38 | $3,725,000 | $1,854 | 60 |
Sales by Property Type
| Property Type | Homes Sold | Median Price | Avg $/SqFt |
|---|---|---|---|
| SINGLE_FAMILY | 33 | $3,700,000 | $1,846 |
| MULTI_FAMILY | 5 | $3,800,000 | $1,976 |
Sales by Price Range
| Price Range | Homes Sold |
|---|---|
| $750K+ | 38 |
Current Active Listings
As of this report, there are 108 active listings in Manhattan Beach with a median asking price of $4,847,500 and an average of 57 days on market.
Thinking About Selling Your Manhattan Beach Home?
If you're a homeowner in Manhattan Beach considering selling, you have options. While the traditional market is one route, selling directly for cash can save you time, commissions, and the hassle of repairs and showings. We buy houses in Manhattan Beach and throughout Los Angeles County — get a no-obligation cash offer today.