One of These Townhomes Is Not Like the Other

Tuesday, May 31st, 2016

There has been no doubting the pricing trend on Sand Section townhomes: Up.

They've just pre-sold one new construction townhome on Manhattan Ave. south of the pier for a reported $5M, and now the back unit of that complex-to-be is looking for nearly 6.

Early this year you had 611 Bayview (3br/4ba, 2720 sqft.) setting the tone, coming in with a closed sale price of $4.650M – a case where the prior sale on the same unit was just 2 full years prior at $3.250M, or 43% less.

428 23rd Street Manhattan Beach CAIn context, then, the Feb. 2016 sale price on the brand new, large townhome at 428 23rd (4br/5ba, 2735 sqft.) at $3.745M might not have been too much of a shock.

Even if it was a bit of a shock.

The 400 block of 23rd is a nice location. We've got clients right nearby. This unit…

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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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The Blog

Based on information from California Regional Multiple Listing Service, Inc. as of June 1st, 2016 at 12:17am 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.