- 3 BR
- 2 BA
- 1,908 SqFt.
- 5,939 Lot
- $3,149,000
- Active
- DOM: 24
Most of the Action is Cuts & Dropouts
November is beginning to take shape as expected in the local real estate market.
More listings are either cutting or quitting than coming to market.
New deals are harder to come by.
Soon, the election will be over, Turkey Day will be upon us and much of the real estate market will go into a restless…
Some of Our Content is for Registered Users Only
Unlock PostNovember is beginning to take shape as expected in the local real estate market.
More listings are either cutting or quitting than coming to market.
New deals are harder to come by.
Soon, the election will be over, Turkey Day will be upon us and much of the real estate market will go into a restless slumber.
In the past 7 days in Manhattan Beach, we have seen:
• 6 new listings
• 5 new deals (escrows)
• 12 price cuts (1 via re-listing)
• 5 listings dropping out, at least temporarily, by going "on hold," withdrawing or expiring
Pictured above is 714 N. Dianthus, new construction in the Hill Section, which just cut $200K in Week 4 on the market.
Here are the 12 most recent price cuts (email subscribers will need to view this post online to see the list and links):
Residential in Manhattan Beach
Matching Properties Found
OPEN HOUSE
501 23rd Street Manhattan Beach
- 6 BR
- 5 BA
- 5,100 SqFt.
- 4,511 Lot
- $5,880,000
- Active
- DOM: 66
OPEN HOUSE
644 14th Street Manhattan Beach
- 3 BR
- 2 BA
- 1,680 SqFt.
- 5,000 Lot
- $2,995,000
- Active
- DOM: 30
OPEN HOUSE
3105 Oak Avenue Manhattan Beach
- 3 BR
- 2 BA
- 1,967 SqFt.
- 4,481 Lot
- $2,249,000
- Active
- DOM: 56
You can see every active listing with a price cut (newest first) on this page: Newest Price Cuts
We have noted this rule before. If you've got a listing out there in November/December, and you decide to keep it going, it's because you want to sell.
Some sellers finally begin to see in November that they may not have a deal yet because of price. Hence all the cutting.
If, as a seller, you don't like the environment at this point, you drop out or let the listing expire. Be ready to fight another day.
Sales are happening here and there, of course. It's not all crickets out there before Turkey Day.
Below are the most recently posted deals/new escrows.
Single Family, Townhouse, Condominium in Manhattan Beach Sand (142) & more...
No matching listings right now.
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 December 9th, 2023 at 3:30am PST. 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.
