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, 8 baths
    Home size: 6,910 sq ft
    Lot size: 3,049 sqft
    Year built: 2015
    Days on market: 2
  2. 4 beds, 5 baths
    Home size: 3,466 sq ft
    Lot size: 4,791 sqft
    Year built: 1984
    Days on market: 2
  3. 4 beds, 4 baths
    Home size: 2,496 sq ft
    Lot size: 2,613 sqft
    Year built: 1954
    Days on market: 3
  4. 5 beds, 5 baths
    Home size: 4,000 sq ft
    Lot size: 2,613 sqft
    Year built: 2008
    Days on market: 4
  5. 5 beds, 3 baths
    Home size: 3,133 sq ft
    Lot size: 4,356 sqft
    Year built: 2006
    Days on market: 6
  6. 5 beds, 5 baths
    Home size: 4,289 sq ft
    Lot size: 2,613 sqft
    Year built: 2000
    Days on market: 7
  7. 5 beds, 6 baths
    Home size: 4,367 sq ft
    Lot size: 7,405 sqft
    Year built: 1999
    Days on market: 7
  8. 5 beds, 6 baths
    Home size: 3,120 sq ft
    Lot size: 4,356 sqft
    Year built: 2017
    Days on market: 7
  9. 5 beds, 4 baths
    Home size: 3,851 sq ft
    Lot size: 2,613 sqft
    Year built: 1990
    Days on market: 7
  10. 2 beds, 2 baths
    Home size: 1,546 sq ft
    Lot size: 5,227 sqft
    Year built: 1950
    Days on market: 8

See all Real estate in the city of Manhattan Beach.
(all data current as of 7/20/2017)

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