Manhattan Beach Real Estate Ticker 8/3/16

Posted by Dave Fratello on Wednesday, August 3rd, 2016 at 9:27am.

* Inventory @ 117 homes for sale (-24 fm recent peak) *

80s remodel of older home on prime South End flat walkstreet at 428 7th begins at $4.199M

Liberty Village fixer cottage at 1405 Manzanita has a buyer within 2 weeks (list: $1.299M)

Superior, large East MB Cape Cod at 1730 6th closes for asking price: $2.895M (bullish comp)

New construx in Tree Section at 860 27th chops again to $3.299M (began at $3.495M in April)

Very pleasant Cape Cod TH at 319 28th Place cuts $50K more, now $2.499M in 5th month; paid $2.380M in Feb. '15

Smallish, custom modern TH at 502 Rosecrans Unit A took 4 months, sold 14% under asking at $1.210M

Land-value sale for very large East MB corner lot (8250 sqft.) at 1601 Mathews starts out at $1.599M

After 3+ mos. off, double+ Strand lot at 2722 The Strand returns asking $28.500M (again)

Custom Tree Section corner-lot modern at 3412 Walnut cuts $151K to $2.599M

Very large corner-lot 'Colonial' with modern remodel inside at 1656 Nelson starts at $2.099M

East MB Mediterranean at 1701 8th St. pulls a re-list, now same price and 0 DOM instead of 39 (list: $2.699M)

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