Manhattan Beach Real Estate Ticker 8/15/16

Posted by Dave Fratello on Sunday, August 14th, 2016 at 5:39pm.

* Inventory @ 112 homes for sale (-29 from peak) *

Back to market: First of the new construx twins – 3312 Poinsettia had a deal 2 weeks ago (back at $3.299M)

South End Sand new construx at 441 3rd closes for $5.350M; $100K more than nearby 516 4th

Flipper-redone 2-story 'vintage' El Porto duplex at 200 Moonstone closes $5K over asking at $1.830M

Custom-built 3220 Alma cuts $125K at end of 3rd month (now asking $4.525M)

No waiting around at all with flipper remodel at 3100 Palm: in escrow at once (list: $2.999M)

'Upgraded' East MB 1980s house at 1515 Curtis comes out at $2.198M to begin

Somewhat remod, Martyrs-adjacent 747 18th chops again, now down 9% and asking $2.629M

Who knows why the small, Graham Nash Craftsman at 1201 Oak began at $2.350M... it has closed now for $1.600M (32% less)

Dated, tall and skinny 400 Larsson began in Feb. at $1.795M, closes now for $1.357M (24% below start)

Hill Section new construx (one of 3) at 1033 8th cuts $149K to $3.450M

Expanded, flipper-modernized cottage (cute!) at 2605 Oak cuts $100K to $2.299M

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