lot values

Found 106 blog entries about lot values.

Not everyone is getting more today for a property than they might have in, say, 2014 or 2015. If the Manhattan Beach real estate market hasn't turned, its upward momentum has at least paused for a bit.

1800 N Ardmore Avenue Manhattan Beach CABut for the folks who purchased a lot to build on in the Tree Section near town, at 1800 N. Ardmore, there was a modest profit to be made on a 2014 acquisition.

The big lot, a bit over 6500 sqft. on a rising corner, will make for a nifty building site, with the park, greenbelt and downtown all nearby.

1800 N Ardmore Avenue Manhattan Beach CAThe most recent owners went to the trouble of designing a slick, modern new home with a pool in the "front" yard along Ardmore. Or, as the listing put it more precisely, the sale came with:

"fully approved and permitted plans for a 6-bedroom, 5200…

If you're going to try to sell during the quieter Summer months, you had better be ready to sell.

Show that you mean it.

1825 Walnut Avenue Manhattan Beach CAOf course, we mean show it with price.

Almost half of the most recent sales (new escrows) in town came within a week of their actual marketing dates. (That includes this Tree Section listing at 1825 Walnut, asking $1.379M.) 

At a time of burgeoning inventory and a modest sales pace, that's remarkable. Feels like the old days... for those sellers.

Not at all incidentally, 4 of the 5 sales we will point to below were priced under $1.600M. That's considered to be the more "affordable," lower tier of the Manhattan Beach real estate market. For all of 2016, out of 214 closed sales to date in MB, just 62 (29%) sold at $1.6M or

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