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. 6 beds, 4 baths
    Home size: 2,116 sq ft
    Lot size: 4,663 sqft
    Year built: 1953
    Days on market: 1
  2. 5 beds, 5 baths
    Home size: 4,356 sq ft
    Lot size: 5,998 sqft
    Year built: 2005
    Days on market: 1
  3. 3 beds, 2 baths
    Home size: 1,354 sq ft
    Lot size: 4,641 sqft
    Year built: 1953
    Days on market: 1
  4. 4 beds, 4 baths
    Home size: 3,774 sq ft
    Lot size: 4,647 sqft
    Year built: 2009
    Days on market: 3
  5. 5 beds, 5 baths
    Home size: 3,714 sq ft
    Lot size: 5,406 sqft
    Year built: 2014
    Days on market: 3
  6. 4 beds, 5 baths
    Home size: 4,055 sq ft
    Lot size: 5,012 sqft
    Year built: 1990
    Days on market: 4
  7. 4 beds, 5 baths
    Home size: 5,372 sq ft
    Lot size: 3,318 sqft
    Year built: 2015
    Days on market: 6
  8. 5 beds, 4 baths
    Home size: 3,513 sq ft
    Lot size: 5,016 sqft
    Year built: 2007
    Days on market: 8
  9. 3 beds, 3 baths
    Home size: 2,581 sq ft
    Lot size: 2,714 sqft
    Year built: 1978
    Days on market: 8
  10. 6 beds, 8 baths
    Home size: 9,000 sq ft
    Lot size: 12,014 sqft
    Year built: 2009
    Days on market: 10

See all Real estate in the city of Manhattan Beach.
(all data current as of 8/17/2018)

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