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:

ADDRESS BD/BA SQFT LOT PRICE $PSF DOM START $ START
Address 3212 Palm Avenue BD/BA 4br/3ba SQFT 2558 sqft LOT 4640 PRICE $2,349,000 $PSF $918 DOM 1 DOM START $ $2,349,000 START 05/22/19
Address 1148 Elm Avenue BD/BA 3br/2ba SQFT 1678 sqft LOT 4477 PRICE $1,575,000 $PSF $939 DOM 8 DOM START $ $1,575,000 START 05/16/19
Address 3000 N Poinsettia Avenue BD/BA 4br/3ba SQFT 2175 sqft LOT 4635 PRICE $2,399,000 $PSF $1,103 DOM 15 DOM START $ $2,399,000 START 05/08/19
Address 2505 Maple Avenue BD/BA 3br/3ba SQFT 1315 sqft LOT 4008 PRICE $2,100,000 $PSF $1,597 DOM 17 DOM START $ $2,100,000 START 05/06/19
Address 659 18th Street BD/BA 4br/3ba SQFT 4037 sqft LOT 6260 PRICE $4,950,000 $PSF $1,226 DOM 21 DOM START $ $4,950,000 START 05/02/19
Address 598 33rd Street BD/BA 5br/7ba SQFT 3632 sqft LOT 5021 PRICE $3,559,000 $PSF $980 DOM 22 DOM START $ $3,559,000 START 05/01/19
Address 2306 John Street BD/BA 5br/4ba SQFT 3585 sqft LOT 5061 PRICE $3,500,000 $PSF $976 DOM 28 DOM START $ $3,500,000 START 04/25/19
Address 2722 N Ardmore Avenue BD/BA 5br/6ba SQFT 5036 sqft LOT 5010 PRICE $4,795,000 $PSF $952 DOM 30 DOM START $ $4,999,000 START 04/23/19
Address 676 18th Street BD/BA 6br/8ba SQFT 5843 sqft LOT 6434 PRICE $6,500,000 $PSF $1,112 DOM 42 DOM START $ $6,500,000 START 04/11/19
Address 931 17th Street BD/BA 6br/5ba SQFT 3846 sqft LOT 4484 PRICE $3,100,000 $PSF $806 DOM 52 DOM START $ $3,100,000 START 04/02/19
Address 2805 Palm Avenue BD/BA 5br/4ba SQFT 3277 sqft LOT 4643 PRICE $3,099,000 $PSF $946 DOM 59 DOM START $ $3,099,000 START 03/25/19
Address 3026 N Ardmore Avenue BD/BA 3br/2ba SQFT 1577 sqft LOT 2399 PRICE $1,662,500 $PSF $1,054 DOM 63 DOM START $ $1,685,000 START 03/21/19
Address 13 Laurel BD/BA 3br/3ba SQFT 2490 sqft LOT 2324 PRICE $2,199,000 $PSF $883 DOM 69 DOM START $ $2,299,000 START 03/15/19
Address 521 13th Street BD/BA 3br/3ba SQFT 2428 sqft LOT 2872 PRICE $2,999,000 $PSF $1,235 DOM 71 DOM START $ $3,450,000 START 03/02/19
Address 577 31st Street BD/BA 5br/6ba SQFT 4369 sqft LOT 5025 PRICE $4,799,000 $PSF $1,098 DOM 72 DOM START $ $4,799,000 START 03/12/19
Address 836 14th Street BD/BA 3br/2ba SQFT 1584 sqft LOT 4983 PRICE $1,900,000 $PSF $1,199 DOM 92 DOM START $ $2,400,000 START 02/20/19
Address 3305 Pine Avenue BD/BA 5br/7ba SQFT 5715 sqft LOT 9282 PRICE $7,000,000 $PSF $1,225 DOM 105 DOM START $ $7,800,000 START 02/07/19
Address 608 15th Street BD/BA 5br/6ba SQFT 5050 sqft LOT 6238 PRICE $5,149,000 $PSF $1,020 DOM 107 DOM START $ $5,300,000 START 02/05/19
Address 3211 N Poinsettia Avenue BD/BA 5br/4ba SQFT 5500 sqft LOT 9291 PRICE $4,195,000 $PSF $763 DOM 109 DOM START $ $4,295,000 START 02/01/19
Address 1012 Rosecrans Avenue BD/BA 3br/1ba SQFT 1319 sqft LOT 4879 PRICE $1,480,000 $PSF $1,122 DOM 170 DOM START $ $1,490,000 START 12/04/18
Address 717 35th Street BD/BA 4br/6ba SQFT 3558 sqft LOT 5404 PRICE $3,595,000 $PSF $1,010 DOM 234 DOM START $ $3,795,000 START 09/12/18
Address 608 29th Street BD/BA 4br/3ba SQFT 2976 sqft LOT 4801 PRICE $2,999,999 $PSF $1,008 DOM 239 DOM START $ $3,249,000 START 09/26/18
Address 3311 Elm Avenue BD/BA 6br/7ba SQFT 5320 sqft LOT 8758 PRICE $4,895,000 $PSF $920 DOM 310 DOM START $ $5,250,000 START 06/26/18

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