A Good Time to Look in the Trees

By Dave Fratello | March 24th, 2016

manhattan beach tree section real estateInventory of homes for sale in the Tree Section has now grown to 28 active listings. And that's before any new entries for the coming weekend. [UPDATE: The total hit 30 by Friday morning.]

Last year at this time, buyers looking in the area had 13 homes to choose from.

Given that this is our town's primary west-of-Sepulveda family neighborhood, this should be a good sign for home shoppers.

The expanding inventory... not as great of a sign for sellers.

3009 North Poinsettia Avenue Manhattan Beach CASome of the absolutely prime homes have come off the board. For instance, 3009 Poinsettia (4br/4ba, 3600 sqft., asking $3.700M) and 2100 Pine (5br/5ba, 3180 sqft., listed at $3.099M), both custom builds (resales) that sold pretty quickly after coming to market in the last few weeks.

And new construction in the southern Martyrs area (ocean views, walk to town – hardly what you think of with "Tree Section") at 716 12th has just gone into escrow (second try), with a list of $4.499M.

Dig deep, because half the Tree Section listings today are asking very close to $3M or higher.

Here are all the active listings in the Trees, most recent first:

Montecito Magic: Charming Tree Lined Block In T...

OPEN HOUSE

561 33rd Street

Manhattan Beach, CA

  • 5 BR
  • 6 BA
  • 3,782 SqFt.
  • 5,396 Lot

$4,150,000

Active

DOM: 7

Price:
$4,150,000
BR/BA:
5br / 6ba
Sq. ft.:
3,782
Area:
143 - Manhattan Bch Tree
City:
Manhattan Beach
DOM:
7
ADDRESS BD/BA SQFT LOT PRICE $PSF DOM START $ START
Address 561 33rd Street BD/BA 5br/6ba SQFT 3782 sqft LOT 5396 PRICE $4,150,000 $PSF $1,097 DOM 7 DOM START $ $4,150,000 START 10/14/21
Address 693 19th Street BD/BA 5br/4ba SQFT 3312 sqft LOT 6043 PRICE $2,999,999 $PSF $906 DOM 7 DOM START $ $2,999,999 START 10/07/21
Address 1140 Fisher Avenue BD/BA 3br/2ba SQFT 1304 sqft LOT 3324 PRICE $1,999,988 $PSF $1,534 DOM 16 DOM START $ $1,999,988 START 10/05/21
Address 2615 Palm Avenue BD/BA 4br/4ba SQFT 3188 sqft LOT 4643 PRICE $3,795,000 $PSF $1,190 DOM 27 DOM START $ $3,995,000 START 09/23/21
Address 757 Manhattan Beach Boulevard BD/BA 2br/3ba SQFT 1986 sqft LOT 7711 PRICE $2,249,000 $PSF $1,132 DOM 42 DOM START $ $2,249,000 START 09/09/21
Address 600 29th Street BD/BA 2br/2ba SQFT 2346 sqft LOT 4200 PRICE $2,675,000 $PSF $1,140 DOM 104 DOM START $ $2,715,000 START 07/09/21
Address 1145 Fisher Avenue BD/BA 5br/6ba SQFT 4716 sqft LOT 3000 PRICE $5,795,000 $PSF $1,229 DOM 113 DOM START $ $5,999,000 START 06/30/21

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