All Blog Entries by Dave Fratello

There are currently 2,241 blog entries published by Dave Fratello.

People want to see signs... omens... hints of what is to come.

There are no guarantees of future performance this year, but look at some deals made in the first 5 weeks of 2016:

611 Bayview (3br/4ba, 2720 sqft.) is a slick, modern and nearly new view townhouse near town but on the quiet alley street just up off of Manahattan Ave.

Purchased new for $3.250M in January 2014, this one was quite nearly the first Manhattan Beach Sand Section townhome to ever garner more than $3M. (Off The Strand, that is, to be clear.)

But that was so, so long ago... two years.

Listed for $4.650M this year, this market maker is doing it again – getting an offer within 9 days.

That $1.4M markup is +43% over 24 months. In retrospect, maybe they got a deal on the original…

It's time for one of our regular updates on the Manhattan Beach real estate market.

Just as they've (finally) begun voting in the presidential election now, we're also now getting to the time in the real estate calendar where predictions can be put to the test, and we can finally find out what kind of a year this will be.

Is this another rally year for Manhattan Beach real estate? A time to see the market calm, but not wobble? The end of a 5-year party?

The Super Bowl is the traditional kickoff to the "Spring" real estate season. So this is when there should be more activity. As we begin, there's no obvious worry in the market today. 

Inventory poses an interesting question. It's up. What might that mean?

Look at pre-Super-Bowl inventory going back a…

It feels, surprisingly, like "South End Week" here. In the South End of the Sand Section, there seem so often to be few homes for sale, and even fewer open. This week, you've got one each at 5th, 4th and 1st. One's even on a walkstreet. Bonus!

Not open this week, but kicking off our video: 712 John, a modern-style $13.5M Hill Section estate. Yes.

Our open-house video this week covers 5 listings: 712 John St., 1406 15th, 24 Cayman Ct., 1813 Oak and 441 1st St.:

Some mobile users and email subscribers will need to use this link to view the video.

To plan your open-house tours for this week, use MB Confidential's new online list of Manhattan Beach open houses (it's mobile-friendly!). This link always appears in our weekly wrapups and on the main front

Neighbor fights can become nasty. The sale of a couple plots of land needs not get too rough, though.

Two next-door neighbors in Manhattan Beach's Hill Section were on the market side-by-side for a time there, with a victor now emerging.

One took the approach of overpricing and trying to make the market come to them.

That was 500 Pacific. It's a big Hill Section corner lot (11,400 sqft.) with views over wide 5th St. and over homes to the southwest.

From the top rear corner of this lot, a new home should have views of greenbelt treetops, Sand Section rooftops, the Palos Verdes Peninsula and a goodly line of blue from the Pacific.

What a commodity! A big parcel of scarce land in a prestige location with views!

In October, they listed at $6.825M. It was