MB Market Update: 5/15/13

By Dave Fratello | May 17th, 2013

The biggest news in local real estate right now might be this weekend's Sophisticated Snoop tour. It's the 40th year, and your chance to see the triple-lot house on The Strand, as well as 4 other great homes.

True facts we just learned about the triple-lot house (212 The Strand):

  • They call it "Beachwood"
  • They cite influences including "the Caribbean, the American East Coast and the Far East"
  • Materials used include flooring "rumored to be from Napoleon's stables"
  • According to the Snoop flyer, there is an "underwater grotto"

This year's selection of homes offer a great reason to part with $35 this weekend. Tickets are available from several downtown stores if you missed the chance at presale. Check it out.

In other news, it's time for one of our twice-monthly Manhattan Beach market updates.

Here's the quick overview on active inventory:

  • 51 active listings as of 5/15/13
  • 34 SFRs
  • 7 THs

Though that's hardly a lot of listings for MB, it's the most we've seen in any update this year. (And as of Friday morning, that total had hit 55 active listings.)

Active listings by region of Manhattan Beach:

  • Tree Section: 10 actives
  • Sand Section: 18 actives
  • Hill Section: 7 actives
  • East MB: 16 actives

You can see the complete report on active listings, with live links to every property, in this single post on our data blog: "MB Inventory as of 5/15/13."

We're also providing a report on pending and closed sales by region of MB.

Sales are organized by sub-region of Manhattan Beach.

Here's a link to the post on our data blog: "MB Pending/Sold as of 5/15/13."

For closed sales, we provide the past 6 months' worth of sales by region. This is the typical window of time used by appraisers.

Enjoy the new reports!

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