(Little) Action at the Higher End

Friday, August 26th, 2016

3220 Alma Avenue Manhattan Beach CAFriday morning, a custom-built beach home with a basement and nice views at 3220 Alma (4br/5ba, 3350 sqft.) went into escrow.

The listing had run 100 days, dropping slightly from a start of $4.650M to the current price of $4.450M.

This could be just one line in our MB Property Ticker; one little note about a blip of action in the market.

But there was something more significant here.

3220 Alma is only the second home priced over $4M to make a deal in the past month.

232 6th Street Manhattan Beach CAThe other deal was on much pricier new construction at 232 6th (5br/7ba, 4300 sqft.), a fairly spectacular achievement of a modern, with nice views (tiny neighbor helps) and a unique take on the "boxy modern" that you will sometimes see.

This one emerged in February asking... achem

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Manhattan Beach Real Estate

Manhattan Beach Confidential brims with information about Manhattan Beach real estate. Launched in 2007, MBC provides the best home search tools, data and analysis on the local housing market that you'll find.

If you're in the market, try our preset searches to find listings in specific Manhattan Beach neighborhoods. For tracking the market, we offer several resources: check our long-running real estate blog, browse sold-property data, see our twice-monthly MB Market Updates, or, daily, watch the MB Property Ticker and the MB Dashboard. You can easily find a current list of open houses here, too (it's mobile-friendly).

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Based on information from California Regional Multiple Listing Service, Inc. as of August 27th, 2016 at 4:30am 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.