It's time for one of our twice-monthly updates on the Manhattan Beach real estate market, first of the new year!
Here's the quick overview on active inventory (click here for the list):
- 25 active listings as of 1/15/14
- 23 SFRs
- 2 THs
The story is slightly better as of this writing on 1/17/14,…
It's time for one of our twice-monthly updates on the Manhattan Beach real estate market, first of the new year!
Here's the quick overview on active inventory (click here for the list):
- 25 active listings as of 1/15/14
- 23 SFRs
- 2 THs
The story is slightly better as of this writing on 1/17/14, with 28 active listings, and that's after several new deals posted this week, taking inventory off the board. (See the MB Dashboard for up-to-the-minute data.)
Anyone see an uptrend?
Active listings by region of Manhattan Beach in this report:
- Tree Section: 5 actives
- Sand Section: 6 actives
- Hill Section: 4 actives
- East MB: 10 actives
Now, the traditional kickoff to Spring is the first weekend of February, but this week's new listings suggest either an early flowering of our "real estate Spring" or a much bigger onslaught of inventory to come. (We know which scenario buyers would prefer.)
You need only follow the MB Property Ticker here at MBC to see the sudden rush of inventory and sales activity. We're going to copy below just Friday morning's activity from the Ticker:
Bye-bye East MB records: New construx at 1626 1st gets $3.2M
3112 Poinsettia is a super dolled-up 4br flip asking $1.795M
Redone Village 2br at 28 San Miguel Ct. got $950K
1163 Meadows is a recent, complete remodel asking $1.299M
Large 3br remodel at 1740 Mathews makes quick deal (asking $1.250M)
Plantation at 2518 Laurel posts a deal in second month (asking $2.595M)
Little cottage, big views: 4101 Crest starts at $999K
New 3br TH at 433 Marine Place starts at $1.999M; companion in front (432 23rd) in escrow at $2.152M
Hill Section estate at 620 8th has a deal (list: $6.950M)
And with that update, we still skipped a couple of happenings!
Checking in here on MBC is the best way to get the Ticker in real time, but did you know you can sign up to get it by email also?
You'll need to be signed up to get MB Confidential blog posts by email. Then update your email preferences to add the Ticker. Here are the necessary links:
You can see our complete report on active listings, with live links to every property, in this single spreadsheet on our data blog: "MB Inventory as of 1/15/14."
We're also providing a report on pending and closed sales by region of MB.
Sales are organized by sub-region of Manhattan Beach.
Here's a link to the spreadsheet: "MB Pending/Sold as of 1/15/14."
For closed sales, we provide the past 6 months' worth of sales by region. This is the typical window of time used by appraisers. The spreadsheets are useful to anyone tracking the market or trying to estimate the value of a home for purchase or sale.
Remember, these links are always live under the top "navbar" of the home page, right under "MB Market Updates."
Please see our blog disclaimer.
Listings presented above are supplied via the MLS and are brokered by a variety of agents and firms, not Dave Fratello or Edge Real Estate Agency, unless so stated with the listing. Images and links to properties above lead to a full MLS display of information, including home details, lot size, all photos, and listing broker and agent information and contact information.
Based on information from California Regional Multiple Listing Service, Inc. as of March 19th, 2024 at 2:50am PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.