Temps hit 100 the other day and Manhattan Beach real estate inventory hit the 80s, temporarily at least.
At least one of those events was expected.
It's time now for one of our twice-monthly market updates.
For all the (justifiable) talk of high prices, one sale stood out in this recent 2-week period.
…
Temps hit 100 the other day and Manhattan Beach real estate inventory hit the 80s, temporarily at least.
At least one of those events was expected.
It's time now for one of our twice-monthly market updates.
For all the (justifiable) talk of high prices, one sale stood out in this recent 2-week period.
It was little 966 Rosecrans (3br/1ba, 1050 sqft.), which sold for $1.170M, becoming just the 5th home to sell for under $1.200M west of Sepulveda all year.
Of the 5 sales under 1.2, there were 3 on Rosecrans like this one, one on a 2500 sqft. skinny lot on Valley, and one was almost a half lot on an alley at 440 35th Place.
You do know how much $1.2M will buy you outside MB, don't you?
You're accustomed to stories about enormous new sales, and we've got one for you. This time, it's from Manhattan Village.
The prior high sale for any townhome or condo behind the gates was $1.650M, set in Summer 2014.
But 17 Fairway Dr. (3br/3ba, 2630 sqft.) has just blown that away by 27% with a sale at $2.100M.
Nothing's typical about this one. The unit was custom-built by the original developer of the Village for himself. It's bigger and sports some extras, including extra rooms you wouldn't find in the others.
More importantly, this one was lavishly remodeled recently – don't rely on our exterior photo here. Click the address or right here to see the interior photos. Something special several times over...
Here's the rest of our local real estate market update report for the period ending 10/15/15:
- 77 active listings as of 10/15/15 (+8 from 10/1)
- 67 SFRs (+7)
- 10 THs (+1)
See the inventory list as of 10/15 here, or see the MB Dashboard for up-to-the-minute data.
Active listings by region of Manhattan Beach in this report:
- Tree Section: 13 actives (same)
- Sand Section: 30 actives (+3)
- Hill Section: 12 actives (+3)
- East MB: 22 actives (+2)
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 10/15/15."
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.
Based on information from California Regional Multiple Listing Service, Inc. as of October 11th, 2024 at 9:30pm PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
