Manhattan Beach Real Estate Ticker 9/1/16

* Inventory @ 108 homes for sale *

What's that, a flip? Bold move converting tired Tudor at 1750 1st to a beachy-modern style; paid $1.750M, asking $2.449M now

429 Marine Place was 2nd of 2 new THs – front unit at 428 23rd sold for $3.745M, now rear closes for $3.065M (18% less than front)

934 Duncan quits market: Began March '15 at $4.3M, last at $3.350M, 11 mos. combined market time, no deal

1960s duplex on MB Blvd. at 1128 Fisher closes for $1.769M (-9%, 150 DOM)

Glam new Mediterranean near Sepulveda at 1131 8th began Nov. '14 at $3.450M; 3rd listing began June '16 at $4.000M, now $3.089M (-23%)

1960s "mid-century modern" at Valley/4th, 550 4th, ran 90 DOM at $3.250M but now quits

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

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