We reported last weekend that the number of open houses was quite nearly the same as the total number of listings in Manhattan Beach just a year previous (53 opens, 57 listings the prior year).
We reported this week that inventory had nearly doubled year-over-year: A good story for buyers, it would seem.
…
We reported last weekend that the number of open houses was quite nearly the same as the total number of listings in Manhattan Beach just a year previous (53 opens, 57 listings the prior year).
We reported this week that inventory had nearly doubled year-over-year: A good story for buyers, it would seem.
This past 7-day period, though, has been one of nearly equal balance.
From Friday morning to Friday morning, we saw:
- 10 new listings coming to market
- 10 new escrows beginning
- 9 price cuts on existing listings
Inventory of Manhattan Beach homes for sale is steady at 105 as of Friday morning.
You know that you can always get an instant update on the state of the market on the MB Dashboard.
If you're the Twittering type, you ought to add the MB Property Ticker to your Twitter feed.
We hope you've had the chance to review some of our most recent posts. We're going to link to them here because some new readers aren't aware of what's in the archives – even the most recent posts:
- The big Tree Section "compound" ("ecosystem") at 3305 Pine closed for $6.750M; you can see inside via a nice video tour
We'll be back shortly with the rundown on this weekend's open houses.
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Please see our blog disclaimer.
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 24th, 2023 at 5:46pm 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.
