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, 5 baths
    Home size: 4,565 sq ft
    Lot size: 6,656 sqft
    Year built: 1987
    Days on market: 3
  2. 4 beds, 4 baths
    Home size: 3,053 sq ft
    Lot size: 2,707 sqft
    Year built: 2003
    Days on market: 4
  3. 5 beds, 5 baths
    Home size: 4,260 sq ft
    Lot size: 2,698 sqft
    Year built: 2008
    Days on market: 5
  4. 5 beds, 5 baths
    Home size: 3,578 sq ft
    Lot size: 5,397 sqft
    Year built: 2018
    Days on market: 5
  5. 3 beds, 2 baths
    Home size: 1,518 sq ft
    Lot size: 5,100 sqft
    Year built: 1951
    Days on market: 7
  6. 3 beds, 3 baths
    Home size: 1,602 sq ft
    Lot size: 5,076 sqft
    Year built: 2018
    Days on market: 11
  7. 5 beds, 5 baths
    Home size: 4,224 sq ft
    Lot size: 2,698 sqft
    Year built: 1992
    Days on market: 11
  8. 5 beds, 6 baths
    Home size: 4,150 sq ft
    Lot size: 2,705 sqft
    Year built: 2018
    Days on market: 12
  9. 4 beds, 3 baths
    Home size: 1,728 sq ft
    Lot size: 5,016 sqft
    Year built: 1947
    Days on market: 12
  10. 4 beds, 4 baths
    Home size: 2,039 sq ft
    Lot size: 1,351 sqft
    Year built: 1995
    Days on market: 13

See all Real estate in the city of Manhattan Beach.
(all data current as of 6/18/2018)

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