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Manhattan Beach Tree Section Updates

Manhattan Beach Tree Section | Q1 2022

As the Spring real estate market goes into high gear, the Tree Section is hitting record totals. The median price for Tree Section homes is very close to $3 million now, barely below the citywide median price.

The pace of sales in the Tree Section is somewhat faster than the city as a whole, with 22% more homes sold in the past 12 months, compared to 9% more year-over-year for the whole city.

Buyers just can’t find homes easily, with only 4 Tree Section homes on market as of March 31. Off-market deals are common. Jumps in mortgage rates are adding to the challenges for buyers.

It’s a seller’s market in this popular suburban district, but nothing is easy or automatic. If you’re thinking of selling, consult EDGE for the best strategy to bring you top dollar.

RECENT SALES IN Manhattan Beach Tree Section

1500 Walnut

Absolutely darling, fully remodeled original cottage.
Just 3br & ~1200 sqft. Bid up more than $200K.

Sold Feb. 2022.

SOLD: $2.600M

625 33rd St.

Original home sold for land value. Offers a 5400 sqft. street-to-alley lot in a good location.

Sold March 2022.

SOLD: $2.680M

3217 N. Valley

Small 1950s house on narrow lot of about 2500 sqft. Needed updates.

Sold March 2022.

SOLD: $1.550M

1900 Lynngrove

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