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 1721 Elm Avenue BD/BA 5br/5ba SQFT 4254 sqft LOT 6724 PRICE $3,500,000 $PSF $823 DOM 0 DOM START $ $3,500,000 START 01/17/19
Address 2920 North Poinsettia Avenue BD/BA 3br/2ba SQFT 1939 sqft LOT 4636 PRICE $2,299,000 $PSF $1,186 DOM 0 DOM START $ $2,299,000 START 01/17/19
Address 2801 N Valley Drive BD/BA 2br/1ba SQFT 985 sqft LOT 2453 PRICE $1,349,000 $PSF $1,370 DOM 0 DOM START $ $1,349,000 START 01/16/19
Address 1716 Oak Avenue BD/BA 5br/6ba SQFT 3861 sqft LOT 4480 PRICE $3,299,000 $PSF $854 DOM 1 DOM START $ $3,299,000 START 01/15/19
Address 3600 Pine Avenue BD/BA 4br/2ba SQFT 1550 sqft LOT 4640 PRICE $1,764,000 $PSF $1,138 DOM 6 DOM START $ $1,764,000 START 01/10/19
Address 700 36th Street BD/BA 4br/3ba SQFT 2966 sqft LOT 5200 PRICE $2,799,000 $PSF $944 DOM 6 DOM START $ $2,799,000 START 01/10/19
Address 2009 Pine Avenue BD/BA 5br/5ba SQFT 3598 sqft LOT 4481 PRICE $4,150,000 $PSF $1,153 DOM 14 DOM START $ $4,150,000 START 12/28/18
Address 1012 Rosecrans Avenue BD/BA 3br/1ba SQFT 1319 sqft LOT 4879 PRICE $1,480,000 $PSF $1,122 DOM 43 DOM START $ $1,490,000 START 12/04/18
Address 3412 Palm Avenue BD/BA 2br/1ba SQFT 1163 sqft LOT 6154 PRICE $2,195,000 $PSF $1,887 DOM 45 DOM START $ $2,195,000 START 12/02/18
Address 3528 N Poinsettia Avenue BD/BA 3br/2ba SQFT 1550 sqft LOT 4640 PRICE $2,350,000 $PSF $1,516 DOM 49 DOM START $ $2,350,000 START 11/28/18
Address 1148 Elm Avenue BD/BA 3br/2ba SQFT 1678 sqft LOT 4477 PRICE $1,799,500 $PSF $1,072 DOM 51 DOM START $ $1,799,500 START 11/09/18
Address 3620 N Poinsettia Avenue BD/BA 3br/2ba SQFT 1350 sqft LOT 5312 PRICE $1,499,000 $PSF $1,110 DOM 54 DOM START $ $1,499,000 START 11/23/18
Address 2921 Laurel Avenue BD/BA 6br/8ba SQFT 5910 sqft LOT 6489 PRICE $5,995,000 $PSF $1,014 DOM 62 DOM START $ $6,495,000 START 10/18/18
Address 733 35th Street BD/BA 5br/6ba SQFT 3911 sqft LOT 5405 PRICE $2,980,000 $PSF $762 DOM 63 DOM START $ $2,980,000 START 11/14/18
Address 2805 Poinsettia Avenue BD/BA 5br/4ba SQFT 3409 sqft LOT 4641 PRICE $3,299,000 $PSF $968 DOM 82 DOM START $ $3,399,000 START 10/26/18
Address 3208 Pacific Avenue BD/BA 4br/3ba SQFT 3180 sqft LOT 4484 PRICE $2,549,000 $PSF $802 DOM 91 DOM START $ $2,650,000 START 10/17/18
Address 608 29th Street BD/BA 4br/3ba SQFT 2976 sqft LOT 4801 PRICE $3,249,000 $PSF $1,092 DOM 112 DOM START $ $3,249,000 START 09/26/18
Address 3617 Pacific Avenue BD/BA 5br/6ba SQFT 2800 sqft LOT 5013 PRICE $2,049,000 $PSF $732 DOM 118 DOM START $ $2,195,000 START 04/11/18
Address 2101 Agnes Road BD/BA 4br/5ba SQFT 4298 sqft LOT 4981 PRICE $4,249,000 $PSF $989 DOM 119 DOM START $ $4,249,000 START 09/19/18
Address 3604 Walnut Avenue BD/BA 5br/5ba SQFT 3249 sqft LOT 4645 PRICE $2,995,000 $PSF $922 DOM 120 DOM START $ $3,250,000 START 09/18/18
Address 717 35th Street BD/BA 4br/6ba SQFT 3558 sqft LOT 5404 PRICE $3,795,000 $PSF $1,067 DOM 120 DOM START $ $3,795,000 START 09/12/18
Address 755 31st Street BD/BA 4br/5ba SQFT 4055 sqft LOT 5012 PRICE $3,500,000 $PSF $863 DOM 156 DOM START $ $3,500,000 START 08/13/18
Address 3401 Maple Avenue BD/BA 5br/4ba SQFT 3237 sqft LOT 4646 PRICE $3,200,000 $PSF $989 DOM 183 DOM START $ $3,400,000 START 07/17/18
Address 3311 Elm Avenue BD/BA 6br/7ba SQFT 5320 sqft LOT 8758 PRICE $4,990,000 $PSF $938 DOM 198 DOM START $ $5,250,000 START 06/26/18
Address 709 26th Street BD/BA 5br/6ba SQFT 5121 sqft LOT 5120 PRICE $4,995,000 $PSF $975 DOM 226 DOM START $ $5,495,000 START 06/04/18

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