It seems lately that just about every week there is a new listing or a relist to talk about on the Manhattan or Hermosa Strand. This latest property is a 3 bedroom beachfront townhome in the El Porto area of Manhattan Beach.
Located at 4314 The Strand this is one of the last homes heading north. The home is in very nice condition and seems to be priced well for the size, location and fact that it’s a townhome. Homes often struggle selling this far north as the homes in this stretch sit behind the beach/surf parking lot so there’s a bit more activity out front than many would prefer. Having said that it takes probably 15 minutes off the commute from other parts of Manhattan and certainly Hermosa. The home features 3 bedrooms on three levels and offers great and unblockable views from each.
Manhattan Village enjoyed a very strong real estate market in 2019 with 15 on market home sales. The median list price was $1,595,000 and the median sold price was $1,590,000 indicating a very strong seller’s market. This was compared to 21 home sales in 2018 at a median sold price of $1,338,000. Of the 15 home sales in 2019, 4 were court homes, 8 townhomes and 3 single family estate homes.
Manhattan Village is a gated community located in Manhattan Beach just south of Marine Avenue in East Manhattan Beach. The community is somewhat arranged as two distinct neighborhoods with the single family “estate” homes all located on the south west corner and the townhomes and court homes in the center and east of the community. See the maps below to see the location of the various styles of homes.
The court homes in Manhattan Village are what most people would think of as townhomes. They are set around a circular parking area with all of the driveways facing the roundabout. From the parking area the court homes look somewhat like apartment buildings as the architectural features and outdoor areas are all located on the other side of the building. Homes all have 2 car attached garages as well as a private outdoor patio area. Court homes are the most affordable housing option in Manhattan Village.
Search for homes or get more information about Manhattan Village. Take a look at our neighborhood and community pages to see the current homes for sale, floorplans and layouts, community info, Manhattan Village amenities and information for home sellers. We hope that this information helps makes for a better understanding of the current real estate market in this wonderful gated community and beyond.
2018 was a very solid year for real estate in Manhattan Village with strong sales numbers being very similar to an equally impressive 2017. There were 21 home sales in Manhattan Village for 2018 with an average list price $1,451,756 and an average sales price of $1,443,476. The median list price was $1,310,000 with a median sales price of $1,338,000. Compare that with 2017 average sales price of $1,464,391 and median sales price of $1,444,000. Both numbers indicate a really strong seller’s market with list prices and sales prices being very similar meaning sellers were getting full price or more on their homes.