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 641 27th Street BD/BA 2br/1ba SQFT 935 sqft LOT 4800 PRICE $2,349,000 $PSF $2,512 DOM 3 DOM START $ $2,349,000 START 09/17/20
Address 637 17th Street BD/BA 6br/5ba SQFT 3514 sqft LOT 4870 PRICE $4,390,000 $PSF $1,249 DOM 9 DOM START $ $4,390,000 START 09/11/20
Address 2201 N Valley Drive BD/BA 3br/1ba SQFT 936 sqft LOT 4401 PRICE $1,599,000 $PSF $1,708 DOM 12 DOM START $ $1,599,000 START 09/08/20
Address 3400 Maple Avenue BD/BA 4br/4ba SQFT 3230 sqft LOT 4640 PRICE $2,650,000 $PSF $820 DOM 12 DOM START $ $2,650,000 START 09/08/20
Address 622 Rosecrans Avenue BD/BA 4br/3ba SQFT 1973 sqft LOT 3635 PRICE $1,900,000 $PSF $963 DOM 24 DOM START $ $1,900,000 START 08/27/20
Address 2601 Walnut Avenue BD/BA 3br/2ba SQFT 1922 sqft LOT 4486 PRICE $2,195,000 $PSF $1,142 DOM 31 DOM START $ $2,249,000 START 08/20/20
Address 1406 Laurel Avenue BD/BA 5br/6ba SQFT 4552 sqft LOT 5992 PRICE $4,195,000 $PSF $922 DOM 38 DOM START $ $4,195,000 START 08/13/20
Address 3412 Maple Avenue BD/BA 4br/3ba SQFT 2385 sqft LOT 4603 PRICE $2,395,000 $PSF $1,004 DOM 47 DOM START $ $2,395,000 START 08/04/20
Address 3400 Palm Avenue BD/BA 5br/5ba SQFT 3436 sqft LOT 6199 PRICE $3,699,500 $PSF $1,077 DOM 54 DOM START $ $3,750,000 START 07/28/20
Address 3412 Palm Avenue BD/BA 6br/6ba SQFT 5650 sqft LOT 6154 PRICE $5,995,000 $PSF $1,061 DOM 57 DOM START $ $5,995,000 START 07/25/20
Address 2612 N Poinsettia Avenue BD/BA 5br/5ba SQFT 3244 sqft LOT 4450 PRICE $2,975,000 $PSF $917 DOM 69 DOM START $ $3,150,000 START 07/13/20
Address 640 12th Street BD/BA 4br/3ba SQFT 2843 sqft LOT 3016 PRICE $2,699,000 $PSF $949 DOM 81 DOM START $ $2,799,000 START 07/01/20
Address 3412 Elm Avenue BD/BA 4br/3ba SQFT 2848 sqft LOT 3919 PRICE $2,649,000 $PSF $930 DOM 88 DOM START $ $2,649,000 START 06/24/20
Address 531 13th Street BD/BA 4br/2ba SQFT 1925 sqft LOT 2102 PRICE $2,599,000 $PSF $1,350 DOM 94 DOM START $ $3,000,000 START 06/18/20
Address 592 30th Street BD/BA 5br/7ba SQFT 4648 sqft LOT 4804 PRICE $4,699,000 $PSF $1,011 DOM 104 DOM START $ $4,699,000 START 06/05/20
Address 1215 Fisher Avenue BD/BA 5br/6ba SQFT 5400 sqft LOT 3000 PRICE $6,955,000 $PSF $1,288 DOM 122 DOM START $ $6,995,000 START 05/21/20
Address 577 31st Street BD/BA 5br/6ba SQFT 4369 sqft LOT 5025 PRICE $4,479,000 $PSF $1,025 DOM 128 DOM START $ $4,479,000 START 05/15/20
Address 617 31st Street BD/BA 7br/8ba SQFT 5084 sqft LOT 5019 PRICE $5,299,000 $PSF $1,042 DOM 137 DOM START $ $5,495,000 START 05/06/20
Address 1126 Laurel Avenue BD/BA 4br/3ba SQFT 2312 sqft LOT 5160 PRICE $1,999,999 $PSF $865 DOM 171 DOM START $ $2,250,000 START 04/02/20
Address 724 13th Street BD/BA 6br/7ba SQFT 4844 sqft LOT 2999 PRICE $4,995,000 $PSF $1,031 DOM 247 DOM START $ $5,495,000 START 08/21/19

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