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 3408 Maple Avenue BD/BA 3br/1ba SQFT 1029 sqft LOT 4640 PRICE $1,750,000 $PSF $1,701 DOM 1 DOM START $ $1,750,000 START 12/04/19
Address 659 18th Street BD/BA 4br/3ba SQFT 4037 sqft LOT 6260 PRICE $4,499,000 $PSF $1,114 DOM 14 DOM START $ $4,499,000 START 11/14/19
Address 2909 Maple Avenue BD/BA 5br/5ba SQFT 3137 sqft LOT 4646 PRICE $2,699,000 $PSF $860 DOM 16 DOM START $ $2,699,000 START 11/19/19
Address 849 12th Court BD/BA 5br/6ba SQFT 3600 sqft LOT 5018 PRICE $3,795,000 $PSF $1,054 DOM 19 DOM START $ $3,795,000 START 11/16/19
Address 2417 Oak Avenue BD/BA 3br/3ba SQFT 2536 sqft LOT 5122 PRICE $2,149,000 $PSF $847 DOM 21 DOM START $ $2,149,000 START 11/05/19
Address 2704 Oak Avenue BD/BA 3br/3ba SQFT 2177 sqft LOT 4481 PRICE $2,398,000 $PSF $1,102 DOM 21 DOM START $ $2,398,000 START 11/14/19
Address 676 18th Street BD/BA 6br/8ba SQFT 5843 sqft LOT 6434 PRICE $6,650,000 $PSF $1,138 DOM 25 DOM START $ $6,650,000 START 11/10/19
Address 628 35th Street BD/BA 4br/2ba SQFT 1912 sqft LOT 5403 PRICE $2,225,000 $PSF $1,164 DOM 31 DOM START $ $2,399,000 START 11/04/19
Address 2509 Poinsettia Avenue BD/BA 5br/4ba SQFT 3294 sqft LOT 4481 PRICE $2,995,000 $PSF $909 DOM 34 DOM START $ $2,995,000 START 11/01/19
Address 3301 Pine Avenue BD/BA 5br/7ba SQFT 5723 sqft LOT 9283 PRICE $6,750,000 $PSF $1,179 DOM 36 DOM START $ $6,750,000 START 10/30/19
Address 1732 N Poinsettia Avenue BD/BA 3br/3ba SQFT 2102 sqft LOT 4536 PRICE $2,750,000 $PSF $1,308 DOM 43 DOM START $ $2,750,000 START 10/18/19
Address 1305 Church Street BD/BA 4br/5ba SQFT 3095 sqft LOT 3173 PRICE $2,898,999 $PSF $937 DOM 49 DOM START $ $2,899,000 START 10/17/19
Address 908 Rosecrans Avenue BD/BA 2br/1ba SQFT 832 sqft LOT 5964 PRICE $1,399,000 $PSF $1,681 DOM 55 DOM START $ $1,499,000 START 10/11/19
Address 1801 Oak Avenue BD/BA 6br/5ba SQFT 5251 sqft LOT 4484 PRICE $4,999,000 $PSF $952 DOM 55 DOM START $ $4,999,000 START 10/11/19
Address 2204 Agnes Road BD/BA 4br/4ba SQFT 3468 sqft LOT 4770 PRICE $3,125,000 $PSF $901 DOM 56 DOM START $ $3,125,000 START 10/10/19
Address 1012 Rosecrans Avenue BD/BA 3br/1ba SQFT 1319 sqft LOT 4879 PRICE $1,199,000 $PSF $909 DOM 68 DOM START $ $1,350,000 START 09/09/19
Address 2818 N Ardmore Avenue BD/BA 5br/5ba SQFT 3514 sqft LOT 5007 PRICE $2,799,000 $PSF $797 DOM 83 DOM START $ $2,799,000 START 09/13/19
Address 501 N 18th Street BD/BA 5br/8ba SQFT 6126 sqft LOT 6688 PRICE $7,150,000 $PSF $1,167 DOM 95 DOM START $ $7,150,000 START 09/01/19
Address 732 13th Street BD/BA 3br/2ba SQFT 1912 sqft LOT 3006 PRICE $2,250,000 $PSF $1,177 DOM 197 DOM START $ $2,327,000 START 04/29/19
Address 577 31st Street BD/BA 5br/6ba SQFT 4369 sqft LOT 5025 PRICE $4,499,000 $PSF $1,030 DOM 268 DOM START $ $4,799,000 START 03/12/19

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