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. 3 beds, 2 baths
    Home size: 1,224 sq ft
    Lot size: 1,349 sqft
    Year built: 1964
    Days on market: 3
  2. 4 beds, 4 baths
    Home size: 3,407 sq ft
    Lot size: 4,727 sqft
    Year built: 2007
    Days on market: 3
  3. 2 beds, 2 baths
    Home size: 1,446 sq ft
    Lot size: 5,406 sqft
    Year built: 1950
    Days on market: 3
  4. 5 beds, 6 baths
    Home size: 6,342 sq ft
    Lot size: 7,095 sqft
    Year built: 2018
    Days on market: 4
  5. 5 beds, 4 baths
    Home size: 3,876 sq ft
    Lot size: 4,483 sqft
    Year built: 1991
    Days on market: 4
  6. 4 beds, 3 baths
    Home size: 2,606 sq ft
    Lot size: 4,484 sqft
    Year built: 1963
    Days on market: 4
  7. 4 beds, 5 baths
    Home size: 3,160 sq ft
    Lot size: 4,201 sqft
    Year built: 2018
    Days on market: 5
  8. 4 beds, 3 baths
    Home size: 1,964 sq ft
    Lot size: 2,705 sqft
    Year built: 1947
    Days on market: 6
  9. 5 beds, 4 baths
    Home size: 3,330 sq ft
    Lot size: 6,198 sqft
    Year built: 1986
    Days on market: 7
  10. 3 beds, 1 bath
    Home size: 1,068 sq ft
    Lot size: 5,008 sqft
    Year built: 1952
    Days on market: 11

See all Real estate in the city of Manhattan Beach.
(all data current as of 3/18/2018)

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