Market update: notable sales this week.
Monday, February 22nd, 2010Well we have had a lot of activity in last week or two and I thought I would briefly discuss the highlights of the last few weeks.
First off, 432 9th st. Manhattan Beach CA
This was our new listing last week, on the market for 7 days and is now in escrow. This house showed really well, it had a lot of style and a very functional floor plan. We had lots of activity and ended up with multiple offers by the time we sold it. The price was questioned by a lot of people inside and outside the industry, I felt like it was priced right with the intention that someone would fall in love with the house and the street and not mind paying top dollar because they would be living there for a long time. I will tell you that if I listed the house at 2,499,000 I would of had 10 offers! I feel like the buyers are getting a great house in a great location! I should know I grew up on that street.
Also to come and go very quickly is 1900 Walnut Ave., Manhattan Beach
This a very charming tree section home with lots natural light and a good floor plan. It sits on the south-east corner of 19th St. and Walnut which allows it to get great sun light all day long, it also allows them to have a a front and back yard, each of which are off of a living space in the house. This house went on the market this weekend and I am told is already sold with multiple offers as well. No word on price or terms but sounds like it must have been a good deal for them to take it after one day on the market.
Other notable sales in the last week are:
225 Moonstone, Manhattan Beach: This was a half lot single family home in “el porto” that was listed for 1,125,000 sold right away. It was for sale a year ago and could not sell.
908 The Strand, Manhattan Beach: This is a prime location in south Manhattan, this also sold for basically land value, multiple offers over the asking price.
645 36th st. Manhattan Beach: This tree section home was on the market for a very short time as well, listed as 4 bed. 2.5 bath 2,066 sft., $1,339,000 sold with multiple offers.
