- 4 BR
- 4 BA
- 3,427 SqFt.
- 3,523 Lot
- $4,099,000
- Active
- DOM: 108
This is a time of year when the market heats up again after a Summer slumber.
You've got 6-10 weeks after Labor Day to maybe make a sale.
There are new listings coming out, some held back from Summer to wait for the calendar to flip.
But if you've got an existing listing that hasn't sold yet,…
This is a time of year when the market heats up again after a Summer slumber.
You've got 6-10 weeks after Labor Day to maybe make a sale.
There are new listings coming out, some held back from Summer to wait for the calendar to flip.
But if you've got an existing listing that hasn't sold yet, mid-September is when you make price cuts.
We count 16 listings (out of 104) that have made cuts in the past week or so, plus a few more that have pulled a bogus re-list (canceling the old listing in favor of a new one with a fresh DOM clock... grrrrrrr).
We'll call attention to a few right here below, and then supply a list of all the listings in MB to have made a price cut on their current listing (39 out of 104 as of Thursday).
849 10th (5br/5ba, 4350 sqft.) in the Hill Section is a 2005 Mediterranean with fresh paint.
The home has a reverse floorplan, with most living spaces upstairs, but also with the master up there.
Downstairs are 4br in a conventional layout, opening to a kids' den and backyard.
The first time it was listed this year, in June/July they asked $3.950M for the home in largely original (though clean) condition. When it didn't gain traction, 849 10th came off the market so that the exterior could be painted white, as well as much of the darker wood cabinetry inside.
It's a minor transformation that is akin to what a lot of homeowners and home sellers are doing these days, giving Mediterraneans a fresher look. It works, though the listing has cut $100K to $3.850M.
211 Aviation Place (3br/3ba, 1750 sqft.) and 229 Aviation Place (3br/3ba, 1750 sqft.) are two condos in the same complex east of Aviation Blvd., the "Manhattan Pointe" set of homes that have the feel of row houses in a little community unto itself.
This complex saw two sales early this year at $1.170M, so 229 tried at $1.170M and 211 tried at $1.150M.
Both have since re-listed (in one case changing agents) and have cut to $1.099M each.
Not a lot usually distinguishes one Manhattan Pointe condo from another, so these two units are in a race of sorts to find whatever the new market level is for the complex.
915 Duncan (5br/7ba, 4635 sqft.) is new construction in the Hill Section with over 300 DOM combined across a few listings, including a change of agents.
It began at $6.150M exactly one year ago, re-launched at $5.850M in April and actually had a deal for a while in July this year.
The latest cut of $200K puts this one at $5.650M.
220 23rd (3br/4ba, 1800 sqft.) is an ocean-view SFR that west of Highland that began in late July at $3.225M.
Launch in Summer, and things may go slowly for you.
This one has needed 3 cuts so far, two of $50K each, and a recent post-Labor-Day cut of $100K to $3.025M.
Below we provide an automatically updating list of all homes for sale in Manhattan Beach with price cuts. Those within the past week will have a label over them of "Recent Price Cut." (Email subscribers will have to view this post in a browser to see the listings.)
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 7:35pm 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.