Bullish Start to 2016

Thursday, February 4th, 2016

People want to see signs... omens... hints of what is to come.

There are no guarantees of future performance this year, but look at some deals made in the first 5 weeks of 2016:

611 Bayview (3br/4ba, 2720 sqft.) is a slick, modern and nearly new view townhouse near town but on the quiet alley street just up off of Manahattan Ave.

Purchased new for $3.250M in January 2014, this one was quite nearly the first Manhattan Beach Sand Section townhome to ever garner more than $3M. (Off The Strand, that is, to be clear.)

But that was so, so long ago... two years.

Listed for $4.650M this year, this market maker is doing it again – getting an offer within 9 days.

That $1.4M markup is +43% over 24 months. In retrospect, maybe they got a deal on the…

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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 February 6th, 2016 at 12:40am PST. 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.