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MB Market Update for 2/15/18

If you were counting on low inventory to squeeze buyers and boost prices this year, maybe reconsider your bet.

3612 Alma Avenue Manhattan Beach CAInventory for mid-February is above 2016 levels, at 75 as of midday Feb. 15. The total was 70 in 2016. (The photo here shows 3612 Alma [$2.495M], the 75th/newest listing.)

Yes, this is a big step…

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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 March 29th, 2023 at 8:46pm 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.