We recently looked at the changing market for Manhattan Beach townhomes through the lens of just one recent deal. (See "How the Townhome Market Has Changed.")
That one deal was for 2301 Vista, a modern-style 3br TH with 2400+ interior square feet that's in escrow after listing about 75% higher than its 2011 purchase price.
But we also like to get away from anecdotes and look at a bit more data.
This time we're trying to get at two questions:
What's a typical price per square foot (PPSF) for a Sand Section townhome now?
What's are the recent trends?
To compare apples to apples, we looked at sales from the first half of each of the past 5 years. That is, Jan. 1-Jan. 30 of each year only (2011-2015).
As you'll see here in our chart, the uptrend is 3……