Manhattan Beach Real Estate Ticker 8/11/16

Posted by Dave Fratello on Thursday, August 11th, 2016 at 8:35am.

* Inventory @ 114 homes for sale (-27 from peak) *

That was fast: Tree Section Mediterranean at 2509 Walnut falls out of escrow, back at $2.799M

Modern style home on great street at 1820 John begins at $3.500M

New construx TH south of pier at 815 Crest launched at $3.799M (from unit at 814 Highland just sold for $3.800M)

Sand Section lot south of pier and 2 up from Ocean Dr. at 120 9th is asking $6.500M

Major fixer/lot sale in Hill Section at 611 Anderson has a deal in 3rd month after $300K in cuts (last at $1.899M)

Small house on very small East MB lot at 205 Harkness sold in June '14 for $950K, now asking $1.125M

East MB new construx at 1611 18th closes for $2.699M, pretty much the standard for 18+ mos. (but -8% from start)

Super sized lot (7450 sqft.) in prime location at 2311 Laurel begins at $2.950M

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