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, 1 bath
    Home size: 1,002 sq ft
    Lot size: 4,838 sqft
    Year built: 1947
    Days on market: 1
  2. 5 beds, 4 baths
    Home size: 4,675 sq ft
    Lot size: 6,317 sqft
    Year built: 1999
    Days on market: 2
  3. 6 beds, 7 baths
    Home size: 6,028 sq ft
    Lot size: 7,510 sqft
    Year built: 2008
    Days on market: 5
  4. 3 beds, 2 baths
    Home size: 1,952 sq ft
    Lot size: 6,616 sqft
    Year built: 1966
    Days on market: 6
  5. 3 beds, 4 baths
    Home size: 2,392 sq ft
    Lot size: 2,705 sqft
    Year built: 1940
    Days on market: 6
  6. 5 beds, 6 baths
    Home size: 3,500 sq ft
    Lot size: 5,014 sqft
    Year built: 2018
    Days on market: 7
  7. 3 beds, 3 baths
    Home size: 1,796 sq ft
    Lot size: 1,998 sqft
    Year built: 1954
    Days on market: 7
  8. 5 beds, 5 baths
    Home size: 3,573 sq ft
    Lot size: 5,160 sqft
    Year built: 2018
    Days on market: 7
  9. 4 beds, 4 baths
    Home size: 3,254 sq ft
    Lot size: 5,020 sqft
    Year built: 2004
    Days on market: 9
  10. 5 beds, 6 baths
    Home size: 4,041 sq ft
    Lot size: 7,501 sqft
    Year built: 2000
    Days on market: 12

See all Current homes for sale in city of Manhattan Beach.
(all data current as of 10/16/2018)

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