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. 2 beds, 2 baths
    Home size: 1,409 sq ft
    Lot size: 1,045 sqft
    Year built: 1961
    Days on market: 7
  2. 4 beds, 5 baths
    Home size: 4,100 sq ft
    Lot size: 2,700 sqft
    Year built: 2018
    Days on market: 8
  3. 3 beds, 1 bath
    Home size: 1,319 sq ft
    Lot size: 4,878 sqft
    Year built: 1955
    Days on market: 8
  4. 2 beds, 1 bath
    Home size: 1,163 sq ft
    Lot size: 6,155 sqft
    Year built: 1952
    Days on market: 10
  5. 3 beds, 2 baths
    Home size: 1,550 sq ft
    Lot size: 4,639 sqft
    Year built: 1950
    Days on market: 14
  6. 5 beds, 8 baths
    Home size: 4,836 sq ft
    Lot size: 7,501 sqft
    Year built: 2018
    Days on market: 15
  7. 4 beds, 3 baths
    Home size: 3,049 sq ft
    Lot size: 4,961 sqft
    Year built: 1988
    Days on market: 15
  8. 3 beds, 2 baths
    Home size: 1,350 sq ft
    Lot size: 5,309 sqft
    Year built: 1956
    Days on market: 19
  9. 3 beds, 2 baths
    Home size: 1,559 sq ft
    Lot size: 7,501 sqft
    Year built: 1944
    Days on market: 22
  10. 3 beds, 3 baths
    Home size: 2,753 sq ft
    Lot size: 4,800 sqft
    Year built: 2005
    Days on market: 26

See all Current homes for sale in city of Manhattan Beach.
(all data current as of 12/11/2018)

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