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 1140 Fisher Avenue BD/BA 3br/2ba SQFT 1304 sqft LOT 3324 PRICE $1,999,988 $PSF $1,534 DOM 59 DOM START $ $1,999,988 START 10/05/21
Address 1213 Walnut Avenue BD/BA 5br/4ba SQFT 3038 sqft LOT 4481 PRICE $3,199,000 $PSF $1,053 DOM 4 DOM START $ $3,199,000 START 11/26/21
Address 3100 Palm Avenue BD/BA 4br/5ba SQFT 3344 sqft LOT 4573 PRICE $4,000,000 $PSF $1,196 DOM 25 DOM START $ $4,000,000 START 11/11/21
Address 561 33rd Street BD/BA 5br/6ba SQFT 3782 sqft LOT 5396 PRICE $3,990,000 $PSF $1,055 DOM 53 DOM START $ $4,150,000 START 10/14/21
Address 2707 N Poinsettia Avenue BD/BA 5br/6ba SQFT 4400 sqft LOT 4460 PRICE $4,649,000 $PSF $1,057 DOM 123 DOM START $ $4,895,000 START 07/22/21
Address 732 36th Street BD/BA 4br/4ba SQFT 2548 sqft LOT 5204 PRICE $3,149,000 $PSF $1,236 DOM 39 DOM START $ $3,149,000 START 10/28/21
Address 1725 Oak Avenue BD/BA 4br/5ba SQFT 3278 sqft LOT 4483 PRICE $3,399,000 $PSF $1,037 DOM 18 DOM START $ $3,399,000 START 11/18/21
Address 3528 N Poinsettia Avenue BD/BA 3br/2ba SQFT 1571 sqft LOT 4640 PRICE $2,499,000 $PSF $1,591 DOM 32 DOM START $ $2,499,000 START 11/04/21
Address 693 19th Street BD/BA 5br/4ba SQFT 3312 sqft LOT 6043 PRICE $2,999,999 $PSF $906 DOM 53 DOM START $ $2,999,999 START 10/07/21
Address 651 15th Street BD/BA 3br/2ba SQFT 1696 sqft LOT 4967 PRICE $2,599,000 $PSF $1,532 DOM 189 DOM START $ $2,849,000 START 05/05/21
Address 870 Rosecrans Avenue BD/BA 3br/3ba SQFT 1894 sqft LOT 5971 PRICE $1,888,000 $PSF $997 DOM 12 DOM START $ $1,888,000 START 08/27/21
Address 620 12th BD/BA 5br/5ba SQFT 4537 sqft LOT 2998 PRICE $6,000,000 $PSF $1,322 DOM 107 DOM START $ $6,000,000 START 08/21/21
Address 3521 Palm Avenue BD/BA 4br/3ba SQFT 2775 sqft LOT 4636 PRICE $2,799,000 $PSF $1,009 DOM 7 DOM START $ $2,799,000 START 08/04/21
Address 636 23rd Street BD/BA 4br/3ba SQFT 2473 sqft LOT 4383 PRICE $2,755,000 $PSF $1,114 DOM 39 DOM START $ $2,755,000 START 06/17/21
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 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 616 12th Street BD/BA 5br/5ba SQFT 4300 sqft LOT 2998 PRICE $6,500,000 $PSF $1,512 DOM 180 DOM START $ $6,500,000 START 06/09/21
Address 600 29th Street BD/BA 2br/2ba SQFT 2346 sqft LOT 4200 PRICE $2,675,000 $PSF $1,140 DOM 0 DOM START $ $2,675,000 START 11/20/21

 

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