If you've got around $2M budgeted and are looking west of Sepulveda, good luck. Values for single-family homes there continue to rise, and a family home with 4+ bedrooms and 3000 sq. ft., which once may have been available near $1.9M, is now creeping toward $2.2-$2.3M.
You may be tempted to look east, as some of Dave's clients have. Here's the state of play east of the highway.
So far this year, there have been 13 SFR listings and/or sales in East Manhattan Beach priced between $1.8M-$2.2M. (Here we're excluding the Village, which is its own universe.) The stats to date:
- 6 Closed Sales
- 2 Pending Escrows
- 4 Active Listings
- 1 listing "on hold" (was on market, now suspended)
The 5 closed sales, priced lowest to highest, are:
1617 Mathews (5br/4ba,