Real Estate Market Update for the Tree Section – April 2017

It’s been a busy year in the tree section thus far with 88 homes having been on the market at some stage of the process since the beginning of the year.  Currently there are 14 active homes for sale in the Manhattan Beach tree section with a median home price of just under $2.7M as well as 25 homes currently in escrow (as of 4/24/17).  We have also seen 36 homes sell, or close escrow, since the beginning of the year with a average sales price of $2.56M.  The remainder were pulled off of the market for various reasons.  The map below shows the location of the homes with the green indicating an active listing, blue and orange in escrow and red the closed home sales.

Current homes for sale in the tree section of Manhattan Beach CA

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