Spring sales were starting to close in larger numbers as May wrapped up.
Here's a look at some of the notable sales in a few areas of town in the second half of May:
Tree Section
1816 Palm (5br/4ba, 3475 sqft.) got $25K over asking with just 7 DOM, closing for $4.175M.
People love Palm Ave.!
1813 Poinsettia (4br/4ba, 3485 sqft.) went over asking too, by $113K, closing for $3.608M.
632 36th (5br/5ba, 3580 sqft.) is nicely designed new construction whose location was a little hard for some, but not a big problem in the end. They got $4.237M after 10 weeks, about $250K under start.
Sand Section
425 26th (5br/5ba, 4200 sqft.) is a 2008 build with a recent refresh and nice staging to present it great. The sale came in only $70K under asking, at $5.425M.
95 Highland (2br/2ba, 1289 sqft.) is a fully remodeled little townhouse at the border with Hermosa. It failed to sell last year, but this year got asking price: $2.350M.
300 7th (4br/5ba, 2680 sqft.) is a newer townhome along Highland that came in near asking at $5.600M (-$199K), after 3 months on market.
East Manhattan Beach
1649 8th (5br/6ba, 4400 sqft.) led the way, as the only sale over $3M, coming in at $3.700M for a late 90s home wanting some updates. It needed a month on market to find its buyer, $200K under asking.
The other sales on the East Side in the second half of May:
| ADDRESS | BD/BA | SQFT | LOT | CLOSED PRICE | $PSF | DOM | START $ | SOLD |
|---|
| 28 Santa Cruz Court |
3/3 |
1,903 |
2,799 |
$1,925,000 |
$1,012 |
N/A |
$1,925,000 |
05/30/24 |
| 1769 Nelson Avenue |
4/2 |
2,018 |
9,137 |
$1,925,000 |
$989 |
34 |
$2,100,000 |
05/29/24 |
| 448 Chabela Drive |
3/2 |
1,688 |
6,913 |
$2,400,000 |
$1,451 |
11 |
$2,450,000 |
05/28/24 |
| 1201 23 |
6/5 |
3,442 |
4,864 |
$2,855,000 |
$901 |
166 |
$3,249,000 |
05/24/24 |
| 1630 21st Street |
3/2 |
1,412 |
4,990 |
$2,200,000 |
$1,555 |
32 |
$2,150,000 |
05/17/24 |
------------------------------------------------------
Here's the rest of our local real estate market update report for the period ending 5/31/24:
> 85 active listings as of 5/31/24 (+2 from 5/15/24)
> 64 SFRs (+3)
> 21 THs (-1)
See the Inventory list as of 5/31/24 here, or see the MB Dashboard for up-to-the-minute data.
Active listings by region of Manhattan Beach in this report:
> Tree Section: 16 actives (+2)
> Sand Section: 36 actives (-6)
> Hill Section: 11 actives (+3)
> East MB: 22 actives (+3)
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 5/31/24".
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.
