Manhattan Beach Real Estate Ticker 8/16/16

Posted by Dave Fratello on Tuesday, August 16th, 2016 at 12:30pm.

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

No, 506 Anderson is not a Hill Section home for sale for $8,500; it's an erroneous agent input issue (welcome to Summer)

Large TH near school at 2315 Grandview makes first cut ($50K) as third month ends (now: $2.650M)

East MB Grandma house on full lot at 1446 8th shot too high at first in March, now closes for $1.600M (-14%)

Rehabbed cottage at 1716 Marine pulls a bogus re-list, same price as before canceling 2 days ago (asking $1.152M)

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 (-8% from start); $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)

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