Manhattan Beach Real Estate Ticker 8/31/16

Posted by Dave Fratello on Wednesday, August 31st, 2016 at 7:18am.

* Inventory @ 110 homes for sale *

Tree Section spec new construx at 3401 Pacific makes second $100K cut, now $2.799M

Hill Section lot sale/fixer at 611 Anderson was priced 22% too high, turns out – closes for $1.725M

Tree Section lot sale/tiny cottage at 2316 Walnut was asking $1.500M, ran 10 days and has a buyer now

Slightly updated East MB 60s house at 1421 11th needed 4+ months and 11% in cuts, closes at $1.385M

Small, remod 3br/1ba cottage at 1301 11th closes for $1.205M

Upgraded, newer corner-lot home at 1200 10th cuts a second $100K to $3.795M

Most comically reluctant price cut of the year award goes to 2602 Pacific for a $99.00 chop (now $2,999,900)

Really, really small El Porto original (<700 sqft.) at 216 Moonstone closes for $1.400M

East MB home with great entertaining backyard at 1617 Ruhland cuts $200K more to $2.999M

3-story custom modern at 721 12th took a month off, returns in escrow showing price of $2.999M (& 203 CDOM)

Newer 'Tuscan' townhome facing noisy part of MB Blvd. at 516 MB Blvd. closes near asking at $1.800M

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