The Good Ones Don’t Last Long

The real estate market in Manhattan Beach continues to be on fire with and abundance of homes quickly going in to escrow and some never120-5th-Manhattan-Beach making it to the market.  “Prices have soared in the past 2 years, and anything that’s either in a prime location, or priced aggressively doesn’t last long” according to South Bay Brokers realtor Keith Kyle.

What’s fueling this heated market?

The pent up demand due to almost 18 months of near record low housing inventory in Manhattan Beach has made for a market incredibly favorable to sellers.  The combination of home buyers looking for turn key homes, investors looking for homes to flip, and builders buying anything older than about 20 years means that inventory remains low and the homes that come on the market simply don’t last.

Here are a few of the latest homes to go into escrow.

  1. 5 beds, 4 baths
    Home size: 3,250 sq ft
    Lot size: 4,646 sqft
    Year built: 2017
    Days on market: 3
  2. 3 beds, 3 baths
    Home size: 2,056 sq ft
    Lot size: 2,691 sqft
    Year built: 1938
    Days on market: 4
  3. 2 beds, 1 bath
    Home size: 1,123 sq ft
    Lot size: 5,313 sqft
    Year built: 1950
    Days on market: 4
  4. 2 beds, 2 baths
    Home size: 1,275 sq ft
    Lot size: 5,442 sqft
    Year built: 1950
    Days on market: 4
  5. 3 beds, 2 baths
    Home size: 1,187 sq ft
    Lot size: 5,015 sqft
    Year built: 1947
    Days on market: 5
  6. 5 beds, 5 baths
    Home size: 4,000 sq ft
    Lot size: 6,710 sqft
    Year built: 2005
    Days on market: 5
  7. 5 beds, 6 baths
    Home size: 5,673 sq ft
    Lot size: 2,704 sqft
    Year built: 2010
    Days on market: 7
  8. 3 beds, 2 baths
    Home size: 1,912 sq ft
    Lot size: 3,004 sqft
    Year built: 1959
    Days on market: 9
  9. 3 beds, 6 baths
    Home size: 3,200 sq ft
    Lot size: 1,752 sqft
    Year built: 2016
    Days on market: 11
  10. 4 beds, 4 baths
    Home size: 3,413 sq ft
    Lot size: 5,203 sqft
    Year built: 1987
    Days on market: 11

See all Real estate in the city of Manhattan Beach.
(all data current as of 4/22/2018)

Listing information deemed reliable but not guaranteed. Read full disclaimer.