It's never too late to catch up a bit, even while the market is moving ahead.
A moderate number of 9 listings went under contract in the first 15 days of February.
They accounted for about $35 million in new transactions.
Here's each one that found a buyer:
3112 Maple (5br/4ba, 3350 sqft.) is a 2005 home with a traditional Tree Section floorplan, including 2-story living room at the entry, a flexible bedroom/office on the first floor, formal dining and kitchen/great room in back.
It was asking $4.199M and listed by Jennifer Caskey, Compass.
708 35th (2br/1ba, 960 sqft., 5404 sqft. lot) is a smaller, older house where the listing was mainly land value.
Asking $1.799M, it was listed by Uma Perricone, RE/MAX Select One.
413 Bayview (4br/4ba, 2702 sqft.) is a rear-unit new construction townhome.
Asking $6.295M, it was listed by Giovanni Altamura, S C Real Estate.
540 3rd (5br/6ba, 3521 sqft.) is new construction in the South End that tried last year for a while.
It came back at $5.499M and was listed by Jim Leonard, Vista Sotheby’s International Realty.
129 8th (5br/4ba, 3351 sqft.) is a modern remodel with a rear unit on a walkstreet.
Asking $6.950M, it was listed by Ed Kaminsky, eXp Realty of California, Inc.
856 5th (3br/5ba, 4400 sqft.) is a custom 80s house in the Hill Section that was very near a full year on market.
It began at $6.499M and was down to $5.250M when it made a deal; listed by David Caskey, eXp Realty of California Inc.
1205 Wendy (3br/2ba, 1674 sqft.) first came to market in Fall 2023 at $2.450M, took a break, and had cut 15% to $2.085M when a deal was made.
It was listed by Alex Smith, eXp Realty of California Inc.
1731 11th (2br/2ba, 1339 sqft., 6000 sqft. lot) only needed about a week for what looks like a land-value sale.
It was asking $1.650M and listed by Dennis Moloney, Strand Hill Properties.
1155 11th St. #15 (3br/4ba, 1542 sqft.) is a condo that actually first came to market in December 2023.
It was down $50K to $1.225M when a buyer signed, and was listed by Antoinette Hopper, Vista Sotheby’s International Realty.
Here's the rest of our local real estate market update report for the period ending 2/15/24:
> 65 active listings as of 2/15/24 (+5 from 1/31/24)
> 46 SFRs (Flat)
> 19 THs (+5)
See the Inventory list as of 2/15/24 here, or see the MB Dashboard for up-to-the-minute data.
Active listings by region of Manhattan Beach in this report:
> Tree Section: 11 actives (-2)
> Sand Section: 33 actives (+2)
> Hill Section: 6 actives (Flat)
> East MB: 15 actives (+5)
We're also providing a report on closed sales by region of MB.
Sales data, including PPSF for all properties, are organized by sub-region of Manhattan Beach.
Here's a link to the spreadsheet: "MB Pending/Sold as of 2/15/24".
Please see our blog disclaimer.
Listings presented above are supplied via the MLS and are brokered by a variety of agents and firms, not Dave Fratello or Edge Real Estate Agency, unless so stated with the listing. Images and links to properties above lead to a full MLS display of information, including home details, lot size, all photos, and listing broker and agent information and contact information.
