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: 3,413 sq ft
    Lot size: 5,203 sqft
    Year built: 1987
    Days on market: 1
  2. 5 beds, 5 baths
    Home size: 4,015 sq ft
    Lot size: 5,818 sqft
    Year built: 2017
    Days on market: 6
  3. 8 beds, 9 baths
    Home size: 6,381 sq ft
    Lot size: 6,926 sqft
    Year built: 1951
    Days on market: 10
  4. 4 beds, 2 baths
    Home size: 1,800 sq ft
    Lot size: 2,999 sqft
    Year built: 1961
    Days on market: 11
  5. 6 beds, 6 baths
    Home size: 5,108 sq ft
    Lot size: 7,503 sqft
    Year built: 1992
    Days on market: 12
  6. 5 beds, 5 baths
    Home size: 4,676 sq ft
    Lot size: 2,799 sqft
    Year built: 2004
    Days on market: 12
  7. 3 beds, 2 baths
    Home size: 1,751 sq ft
    Lot size: 5,767 sqft
    Year built: 1951
    Days on market: 13
  8. 4 beds, 3 baths
    Home size: 2,578 sq ft
    Lot size: 5,279 sqft
    Year built: 1963
    Days on market: 16
  9. 3 beds, 3 baths
    Home size: 1,794 sq ft
    Lot size: 5,991 sqft
    Year built: 1950
    Days on market: 18
  10. 4 beds, 2 baths
    Home size: 1,787 sq ft
    Lot size: 6,874 sqft
    Year built: 1954
    Days on market: 18

See all Real estate in the city of Manhattan Beach.
(all data current as of 11/19/2017)

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