While much of the South Bay and Manhattan Beach real estate markets suffer from low inventory and high demand, making it difficult for many buyers to find the right home, Manhattan Village has seen an abundance of listings in the past month. There are currently 4 homes on the market, 2 of which are court homes and two are town homes. In addition a plan 5 estate home is soon due to come on the market as well. In addition there are currently 3 court homes in escrow as well as 2 estate homes, which are actually single family homes located in a different area of Manhattan Village. Manhattan Village is a gated community in the coastal community of Manhattan Beach and home prices generally range from the low $700,000s to over $2.0M for certain estate homes.
The chart below shows the recent number of active homes on the market in Manhattan Village as well as pending and closed escrows.
Keith Kyle is a licensed Realtor, short sale specialist and Top Producing agent with South Bay Brokers in Manhattan Beach. He serves his clients throughout the South Bay and his websites KeithKyleHomes.com, Redondo Beach Real Estate , Torrance Real Estate, Manhattan Beach Luxury Real Estate and FindYourSouthBayHome.com offer the most comprehensive real estate destinations in the South Bay with free MLS access, current home listings, open houses, recent home sales information and more. Keith can be reached at 310-251-2344 or by email at info@KeithKyleHomes.com. For more information on the South Bay, visit my Beach Cities Real Estate blog.