Manhattan Beach Pocket Listings

If you’re considering purchasing or selling Manhattan Beach houses or real estate you may have wondered how we come up with a suggestion on current market value. It’s always based on the sales prices of comparable homes. Think of current list prices as a bit of a fantasyland for the seller. It merely represents what sellers hope to get for the home, not what homes are truly worth. 

To illustrate this point, let’s look at a Manhattan Beach home that was listed in March of 2012. The average listing price at that time was $2,606,000, while the average sales price was $1,723,000. Since area homes tend to remain on the market an average of 97 days, the home most likely sold in early July. The average sales price at that time was almost a million dollars

The real estate market in Manhattan Beach's Tree Section has been on fire with little-to-no inventory and high buyer interest for most of the year. Since the beginning of the year, buyers saw this as an opportunity with low interest rates and prices down to snatch up a property.  The 500 location is a very desireable spot with close access to a few parks, the sand dunes, and still walkable to the beach.

583 31st Street Manhattan Beach: Listed on August 9th, 583 31st St. is already under contract and has a backup offer in place. Offered at $1,299,000, the home sits up high so it has views of the hills and Sand Dune Park. Grandview Elementary is a walkable distance.

The home has hardwood in the dining and living rooms and a nice sized family room with

Pocket Listings in Manhattan Beach: The "secret" inventory that floats around in the broker community.  Unless you are working with a Manhattan Beach realtor directly you will typically not have access to this list.  Here is the list of Manhattan Beach pocket listings updated every week on Friday.  In order for us disclose the full address, you must contact Matt or call us direct at (310) 808-3247.

Manhattan Beach Tree Section: $1,800,000 
Manhattan Beach Walk Street: $4,400,000
Manhattan Beach Walk Street: $4,500,000 A+ Location
East Manhattan Beach: $2,050,000 50X150 Lot , Great location, 4500 Sqaure Feet, 6 bedrooms, 5.5 bathrooms

Manhattan Beach Pocket Listing Contact Form

Despite the downturn in the economy in the past few years, the Manhattan Beach real estate market has been very fortunate not to be hit with an abundant amount of foreclosures. The Manhattan Beach real estate market is a higher end real estate market and usually sees buyer activity dictated by stock market movements. When the stock market sees more volatility buyers become uncertain and move to the sidelines until the dust settles.

Buyers looking to be aggressive purchasers sometimes request Manhattan Beach foreclosure inventory and are usually surprised to learn that there is no inventory in this beach city. Manhattan Beach does have the occasional foreclosure and so we have prepared a list below of the foreclosures that have hit the Manhattan Beach