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: 4,065 sq ft
    Lot size: 7,500 sqft
    Year built: 1988
    Days on market: 1
  2. 3 beds, 3 baths
    Home size: 2,486 sq ft
    Lot size: 2,695 sqft
    Year built: 1980
    Days on market: 4
  3. 5 beds, 6 baths
    Home size: 4,261 sq ft
    Lot size: 2,709 sqft
    Year built: 2017
    Days on market: 5
  4. 3 beds, 2 baths
    Home size: 1,125 sq ft
    Lot size: 1,669 sqft
    Year built: 1939
    Days on market: 5
  5. 5 beds, 4 baths
    Home size: 4,003 sq ft
    Lot size: 2,702 sqft
    Year built: 2004
    Days on market: 5
  6. 3 beds, 2 baths
    Home size: 2,176 sq ft
    Lot size: 7,201 sqft
    Year built: 1964
    Days on market: 5
  7. 5 beds, 5 baths
    Home size: 3,658 sq ft
    Lot size: 2,714 sqft
    Year built: 1969
    Days on market: 6
  8. 4 beds, 3 baths
    Home size: 2,617 sq ft
    Lot size: 4,800 sqft
    Year built: 1976
    Days on market: 7
  9. 4 beds, 2 baths
    Home size: 1,800 sq ft
    Lot size: 5,060 sqft
    Year built: 1950
    Days on market: 7
  10. 4 beds, 4 baths
    Home size: 3,233 sq ft
    Lot size: 4,449 sqft
    Year built: 1982
    Days on market: 8

See all Real estate in the city of Manhattan Beach.
(all data current as of 5/22/2018)

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