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 636 23rd Street BD/BA 4br/3ba SQFT 2473 sqft LOT 4383 PRICE $2,755,000 $PSF $1,114 DOM 48 DOM START $ $2,755,000 START 06/17/21
Address 1829 Oak Avenue BD/BA 3br/2ba SQFT 1400 sqft LOT 4680 PRICE $2,299,000 $PSF $1,642 DOM 17 DOM START $ $2,299,000 START 07/08/21
Address 3212 Oak Avenue BD/BA 3br/2ba SQFT 1322 sqft LOT 4486 PRICE $1,748,000 $PSF $1,322 DOM 21 DOM START $ $1,748,000 START 07/14/21
Address 1712 N Poinsettia Avenue BD/BA 4br/3ba SQFT 2767 sqft LOT 4467 PRICE $2,850,000 $PSF $1,030 DOM 6 DOM START $ $2,850,000 START 07/16/21
Address 2510 Laurel Ave BD/BA 3br/3ba SQFT 2040 sqft LOT 4120 PRICE $2,450,000 $PSF $1,201 DOM 41 DOM START $ $2,450,000 START 06/23/21
Address 2317 Elm Avenue BD/BA 4br/3ba SQFT 2277 sqft LOT 4485 PRICE $2,499,000 $PSF $1,097 DOM 23 DOM START $ $2,499,000 START 07/12/21
Address 577 36th Street BD/BA 5br/5ba SQFT 4000 sqft LOT 5334 PRICE $4,249,000 $PSF $1,062 DOM 0 DOM START $ $4,249,000 START 11/30/-1
Address 746 29th Street BD/BA 4br/2ba SQFT 1259 sqft LOT 4803 PRICE $2,000,000 $PSF $1,589 DOM 12 DOM START $ $2,000,000 START 07/06/21
Address 1825 Pacific Avenue BD/BA 3br/2ba SQFT 1200 sqft LOT 4778 PRICE $2,100,000 $PSF $1,750 DOM 14 DOM START $ $2,350,000 START 07/01/21
Address 583 35th Street BD/BA 4br/5ba SQFT 3909 sqft LOT 5403 PRICE $4,100,000 $PSF $1,049 DOM 10 DOM START $ $4,100,000 START 06/30/21
Address 2801 N Valley Drive BD/BA 2br/1ba SQFT 965 sqft LOT 2453 PRICE $1,599,000 $PSF $1,657 DOM 42 DOM START $ $1,599,000 START 06/23/21
Address 3201 Laurel Avenue BD/BA 3br/2ba SQFT 1216 sqft LOT 4325 PRICE $1,950,000 $PSF $1,604 DOM 7 DOM START $ $1,950,000 START 06/23/21
Address 754 35th Street BD/BA 5br/3ba SQFT 3397 sqft LOT 5406 PRICE $3,199,000 $PSF $942 DOM 41 DOM START $ $3,199,000 START 06/24/21
Address 720 Rosecrans Avenue BD/BA 4br/4ba SQFT 2076 sqft LOT 3692 PRICE $2,199,990 $PSF $1,060 DOM 13 DOM START $ $2,199,990 START 05/27/21
Address 616 12th Street BD/BA 5br/5ba SQFT 4300 sqft LOT 2998 PRICE $6,500,000 $PSF $1,512 DOM 56 DOM START $ $6,500,000 START 06/09/21
Address 632 35th Street BD/BA 4br/3ba SQFT 4013 sqft LOT 5404 PRICE $2,495,000 $PSF $622 DOM 9 DOM START $ $2,495,000 START 05/19/21
Address 3000 Palm Avenue BD/BA 5br/5ba SQFT 3588 sqft LOT 4634 PRICE $4,200,000 $PSF $1,171 DOM 0 DOM START $ $4,200,000 START 07/25/21

 

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