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. 4 beds, 4 baths
    Home size: 3,328 sq ft
    Lot size: 4,485 sqft
    Year built: 1998
    Days on market: 4
  2. 5 beds, 5 baths
    Home size: 3,199 sq ft
    Lot size: 4,645 sqft
    Year built: 2010
    Days on market: 4
  3. 4 beds, 5 baths
    Home size: 3,624 sq ft
    Lot size: 2,695 sqft
    Year built: 2004
    Days on market: 4
  4. 5 beds, 5 baths
    Home size: 4,182 sq ft
    Lot size: 7,958 sqft
    Year built: 1977
    Days on market: 4
  5. 3 beds, 2 baths
    Home size: 1,722 sq ft
    Lot size: 5,604 sqft
    Year built: 1948
    Days on market: 5
  6. 3 beds, 4 baths
    Home size: 2,300 sq ft
    Lot size: 1,548 sqft
    Year built: 2017
    Days on market: 6
  7. 3 beds, 2 baths
    Home size: 1,063 sq ft
    Lot size: 7,500 sqft
    Year built: 1953
    Days on market: 7
  8. 5 beds, 6 baths
    Home size: 5,000 sq ft
    Lot size: 3,154 sqft
    Year built: 2001
    Days on market: 10
  9. 5 beds, 7 baths
    Home size: 4,762 sq ft
    Lot size: 5,061 sqft
    Year built: 2018
    Days on market: 10
  10. 4 beds, 3 baths
    Home size: 2,515 sq ft
    Lot size: 1,497 sqft
    Year built: 1961
    Days on market: 11

See all Real estate in the city of Manhattan Beach.
(all data current as of 1/21/2018)

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