Busy, Busy Trees

By Dave Fratello | March 15th, 2019

As the Spring real estate market takes shape, the Tree Section is leaping to the forefront as the busiest part of town.

On Friday morning, there were 19 pending escrows in the Tree Section, the most of any region of Manhattan Beach.

In all of East Manhattan, there are only 14 pending sales.

The Sand Section (16) and Hill Section (3) combine to match the number of deals going in the Tree Section alone.

Things were different one year ago.

As of our March 15, 2018, market update, pending sales broke out this way:

Tree Section: 10

Sand Section: 19

Hill Section: 5

East MB: 12

We're aware of one more Tree Section deal that will go pending shortly, which will put the Tree Section at 20, fully double last year's pace at the same time of year.

So, what's changed in a year to make the Tree Section so popular? Well, there's that new... no, wait.

It's just the most popular suburban neighborhood west of Sepulveda. People love the Sand and Hill sections, but the most straightforward suburban family homes are in the Trees.

There's been a bit more inventory this year in the Trees, but demand is there, so the homes sell. (As an example, we got multiple offers for Dave's listing at 2104 Poinsettia soon after listing it.)

There are 26 active listings on Friday morning, compared with 22 a year ago.

A couple of bonus items here. Below is our Tree Section video tour. In a bit over 3 minutes, you can get a full picture of the area. More than once, we've had people comment that they actually learned something from it.

Below the video, we're providing a list of all the properties currently in escrow in the Tree Section. (Email subscribers will need to view the post online in a browser to see the pending sales.) The list will auto-update, so each time you view it, it will be up-to-the-minute. First listed properties were the most recent to make a deal.

 

Tree Section Homes Now in Escrow

ADDRESS BD/BA SQFT LOT PRICE $PSF DOM START $ START
Address 3405 Pine Avenue BD/BA 3br/2ba SQFT 990 sqft LOT 4640 PRICE $1,600,000 $PSF $1,616 DOM 7 DOM START $ $1,600,000 START 03/12/19
Address 720 36th Street BD/BA 3br/3ba SQFT 2520 sqft LOT 5203 PRICE $2,250,000 $PSF $893 DOM 19 DOM START $ $2,250,000 START 02/28/19
Address 1212 Elm Avenue BD/BA 3br/2ba SQFT 1611 sqft LOT 4478 PRICE $1,799,000 $PSF $1,117 DOM 12 DOM START $ $1,799,000 START 03/07/19
Address 1609 Walnut Avenue BD/BA 3br/2ba SQFT 1852 sqft LOT 4481 PRICE $1,999,000 $PSF $1,079 DOM 12 DOM START $ $1,999,000 START 03/07/19
Address 3604 Walnut Avenue BD/BA 5br/5ba SQFT 3249 sqft LOT 4645 PRICE $2,895,000 $PSF $891 DOM 27 DOM START $ $2,895,000 START 02/20/19
Address 733 35th Street BD/BA 5br/6ba SQFT 3911 sqft LOT 5405 PRICE $2,899,000 $PSF $741 DOM 125 DOM START $ $2,980,000 START 11/14/18
Address 2101 Agnes Road BD/BA 4br/5ba SQFT 4298 sqft LOT 4981 PRICE $3,949,000 $PSF $919 DOM 172 DOM START $ $4,249,000 START 09/19/18
Address 569 35th Street BD/BA 5br/6ba SQFT 3712 sqft LOT 5404 PRICE $3,499,000 $PSF $943 DOM 20 DOM START $ $3,499,000 START 02/27/19
Address 2104 N Poinsettia Avenue BD/BA 4br/3ba SQFT 3008 sqft LOT 4459 PRICE $2,699,000 $PSF $897 DOM 8 DOM START $ $2,699,000 START 02/02/19
Address 2805 Poinsettia Avenue BD/BA 5br/4ba SQFT 3409 sqft LOT 4641 PRICE $3,199,000 $PSF $938 DOM 144 DOM START $ $3,399,000 START 10/26/18
Address 2921 Laurel Avenue BD/BA 6br/8ba SQFT 5910 sqft LOT 6489 PRICE $5,995,000 $PSF $1,014 DOM 123 DOM START $ $6,495,000 START 10/18/18
Address 3513 Elm Avenue BD/BA 5br/5ba SQFT 3246 sqft LOT 4642 PRICE $3,095,000 $PSF $953 DOM 20 DOM START $ $3,095,000 START 02/27/19
Address 3201 Pine Avenue BD/BA 5br/4ba SQFT 3260 sqft LOT 4640 PRICE $3,100,000 $PSF $951 DOM 33 DOM START $ $3,100,000 START 02/14/19
Address 2509 Palm Avenue BD/BA 5br/5ba SQFT 3145 sqft LOT 4475 PRICE $2,699,000 $PSF $858 DOM 8 DOM START $ $2,699,000 START 02/21/19
Address 700 36th Street BD/BA 4br/3ba SQFT 2966 sqft LOT 5200 PRICE $2,749,000 $PSF $927 DOM 47 DOM START $ $2,799,000 START 01/10/19
Address 3528 N Poinsettia Avenue BD/BA 3br/2ba SQFT 1550 sqft LOT 4640 PRICE $2,145,000 $PSF $1,384 DOM 86 DOM START $ $2,350,000 START 11/28/18
Address 1716 Oak Avenue BD/BA 5br/6ba SQFT 3861 sqft LOT 4480 PRICE $3,299,000 $PSF $854 DOM 31 DOM START $ $3,299,000 START 01/15/19
Address 2920 North Poinsettia Avenue BD/BA 3br/2ba SQFT 1939 sqft LOT 4636 PRICE $2,299,000 $PSF $1,186 DOM 15 DOM START $ $2,299,000 START 01/17/19
Address 508 Rosecrans Avenue BD/BA 4br/3ba SQFT 3013 sqft LOT 3005 PRICE $1,949,000 $PSF $647 DOM 47 DOM START $ $1,949,000 START 09/13/18

 

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