Nothing has happened yet this year to slow the momentum of 2014 carrying over into 2015. That means for Manhattan Beach real estate: Look out above.
We've got one big example of the ongoing sky's-no-limit phenomenon to look at, but first, let's look at a place where common sense may reign.
At 1208 Oak (5br/4ba, 3125 sq. ft.), you'll find a 10-year-old Cape Cod, solidly built, with a familiar floorplan and a couple of twists.
The home feels very solid and shows well. With a modern kitchen and tasteful master bath, it's a pretty straightforward home, easy to like... once inside.
So why is this good-sized, newer Tree Section home priced at "only" $2.000M, when comparable homes seem to be selling for $2.3M-$2.5M?
Not only is this……