Inventory is doing it Summer job: Growing.
On Friday, we saw 75 homes for sale in Manhattan Beach... for a fleeting moment. Some deals posted, some new listings came, and as of early Saturday, we're at 74.
One sale this period seems to make the case that 3 is the new 2 in the Tree Section.
New…
Inventory is doing it Summer job: Growing.
On Friday, we saw 75 homes for sale in Manhattan Beach... for a fleeting moment. Some deals posted, some new listings came, and as of early Saturday, we're at 74.
One sale this period seems to make the case that 3 is the new 2 in the Tree Section.
New construction at 750 35th (5br/5ba, 3700 sqft.) closes for $3.095M, notably short of the $3.275M start, but it's still $3.1M for a home with limited-to-no yard and a view of the refinery.
The sale remains a bullish sign for the new home on the "right" side of Oak at 1817 Oak (5br/6ba, 3120 sqft.), which launched at $2.999M but has now chopped $200K to $2.799M. You'll note that it's much smaller than the 35th St. house that just sold, and priced 25% higher than any home has ever sold for on Oak, but this is 2015, and new has cache. One to watch.
Here's our market update report from the period ending 7/15/15:
- 71 active listings as of 7/15/15 (+1 from 7/1)
- 63 SFRs (+4)
- 8 THs (-3)
See the inventory list as of 7/15/15 here, or see the MB Dashboard for up-to-the-minute data.
Active listings by region of Manhattan Beach in this report:
- Tree Section: 15 actives (flat)
- Sand Section: 25 actives (+5)
- Hill Section: 6 actives (-3)
- East MB: 25 actives (-1)
We're also providing a report on 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 7/15/15."
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 18th, 2024 at 9:48pm 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.