Manhattan Village Real Estate Market Update By Keith Kyle
Manhattan Village is certainly unique. Not only is it the only gated community in Manhattan Beach with a look and feel unlike anything in the area, but it also has seen an uptick in single family home inventory while every other area of Manhattan awaits any sign that we’re past the days of record lows for the number of homes for sale. As of April 28th 2014 there are 3 active listings for single family homes and one active townhome for sale. In addition there are 2 SFRs currently in escrow. This may not sound that unusual but considering there have been a total of 11 homes sold the 3 years prior gives a clear indication that this is not the norm.