Consistent, Fast Pace - Manhattan Beach Market Update for 9/15/20

By Dave Fratello | September 18th, 2020

In a familiar trend, the first half of September has seen more new deals than in any recent first half of September.

Those 27 new deals were 10 or more than seen in recent years.

Both halves of August also had 27 new escrows opened up, blowing away prior Augusts.

Manhattan Beach is now seeing, consistently, nearly 2 new property sales per day.

It is a remarkable, ongoing recovery from the stay-at-home period, when the market was temporarily on ice.

Here's the rest of our local real estate market update report for the period ending 9/15/20:

> 126 active listings as of 9/15/20 (+1 from 8/31/20) 

> 90 SFRs (+3)

> 36 THs (-2)

See the Inventory list as of 9/15/20 here, or see the MB Dashboard for up-to-the-minute data.

Active listings by region of Manhattan Beach in this report:

> Tree Section: 25 actives (+3)

> Sand Section: 65 actives (-5)

> Hill Section: 9 actives (-2)

> East MB: 27 (+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 9/15/20".

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