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 562 31st Street BD/BA 4br/3ba SQFT 2100 sqft LOT 4769 PRICE $2,449,000 $PSF $1,166 DOM 5 DOM START $ $2,449,000 START 04/13/21
Address 571 33rd Street BD/BA 2br/3ba SQFT 1176 sqft LOT 5396 PRICE $1,999,999 $PSF $1,701 DOM 12 DOM START $ $1,999,999 START 04/07/21
Address 2912 Palm Avenue BD/BA 4br/4ba SQFT 3101 sqft LOT 4645 PRICE $3,799,000 $PSF $1,225 DOM 30 DOM START $ $3,799,000 START 03/04/21
Address 641 35th Street BD/BA 5br/4ba SQFT 3802 sqft LOT 5403 PRICE $3,295,000 $PSF $867 DOM 33 DOM START $ $3,458,900 START 03/12/21
Address 940 Rosecrans Avenue BD/BA 5br/4ba SQFT 3239 sqft LOT 5975 PRICE $2,295,000 $PSF $709 DOM 50 DOM START $ $2,295,000 START 02/22/21
Address 1724 Walnut Avenue BD/BA 4br/3ba SQFT 3324 sqft LOT 4486 PRICE $2,895,000 $PSF $871 DOM 9 DOM START $ $2,895,000 START 03/29/21
Address 1148 N Poinsettia Avenue BD/BA 3br/3ba SQFT 1977 sqft LOT 4470 PRICE $1,996,000 $PSF $1,010 DOM 35 DOM START $ $1,990,000 START 02/17/21
Address 2100 Oak Avenue BD/BA 3br/3ba SQFT 2268 sqft LOT 4480 PRICE $1,949,000 $PSF $859 DOM 114 DOM START $ $2,300,000 START 12/09/20
Address 3212 Maple Avenue BD/BA 5br/5ba SQFT 3440 sqft LOT 4638 PRICE $3,199,000 $PSF $930 DOM 9 DOM START $ $3,199,000 START 03/24/21
Address 2801 Palm Avenue BD/BA 5br/5ba SQFT 3246 sqft LOT 4643 PRICE $3,399,000 $PSF $1,047 DOM 0 DOM START $ $3,399,000 START 03/30/21
Address 2312 N Poinsettia Avenue BD/BA 5br/6ba SQFT 4426 sqft LOT 4458 PRICE $3,495,000 $PSF $790 DOM 140 DOM START $ $3,895,000 START 11/10/20
Address 3312 Palm Avenue BD/BA 2br/1ba SQFT 1176 sqft LOT 4640 PRICE $1,675,000 $PSF $1,424 DOM 0 DOM START $ $1,675,000 START 11/30/-1
Address 673 17th Street BD/BA 4br/3ba SQFT 2083 sqft LOT 4981 PRICE $3,299,000 $PSF $1,584 DOM 5 DOM START $ $3,299,000 START 03/24/21
Address 579 29th Street BD/BA 5br/5ba SQFT 3446 sqft LOT 4801 PRICE $3,595,000 $PSF $1,043 DOM 5 DOM START $ $3,595,000 START 03/19/21
Address 649 26th Street BD/BA 5br/5ba SQFT 3500 sqft LOT 5120 PRICE $3,499,000 $PSF $1,000 DOM 40 DOM START $ $3,899,000 START 02/11/21
Address 704 36th Street BD/BA 5br/6ba SQFT 3615 sqft LOT 5203 PRICE $4,095,000 $PSF $1,133 DOM 33 DOM START $ $4,095,000 START 02/18/21
Address 3212 Walnut Avenue BD/BA 3br/4ba SQFT 3329 sqft LOT 4643 PRICE $2,500,000 $PSF $751 DOM 5 DOM START $ $2,500,000 START 03/08/21

 

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