Summer's a great time to hit the water and lay in the sun. For real estate listings, though, it's often a time to gather moss.
Moss, in this case, comes in the form of extra DOM.
The point being: You can sell in Summer, but don't expect it.
A custom corner-lot Hill Section house at 1000 Highview is down…
Summer's a great time to hit the water and lay in the sun. For real estate listings, though, it's often a time to gather moss.
Moss, in this case, comes in the form of extra DOM.
The point being: You can sell in Summer, but don't expect it.
A custom corner-lot Hill Section house at 1000 Highview is down $500K to $5.999M, but pushing 6 months now.
In the Tree Section, a custom Cape Cod at 2104 Flournoy hasn't been exposed quite as long, just over 4 months now, but it's down nearly $1M to $3.990M.
Or look down in the Sand Section.
A very decent townhome at what could be an attractive price over at 3105 Vista (asking $2.300M) has nonetheless sat out the Summer, now ready to finish 4 months on market.
And so it goes. There are plenty of other listings without obvious challenges that just aren't able to get traction while everyone's out of town.
Here's our local real estate market update report for the period ending 8/15/15:
- 82 active listings as of 8/15/15 (+6 from 8/1)
- 69 SFRs (+4)
- 13 THs (+2)
See the inventory list as of 8/15/15 here, or see the MB Dashboard for up-to-the-minute data.
Active listings by region of Manhattan Beach in this report:
- Tree Section: 19 actives (+6)
- Sand Section: 24 actives (-4)
- Hill Section: 10 actives (flat)
- East MB: 29 actives (+4)
We're also providing a report on closed sales by region of MB.
Sales are organized by sub-region of Manhattan Beach.
Here's a link to the spreadsheet: "MB Pending/Sold as of 8/15/15."
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.
