Manhattan Strand Update – 7/11

Posted on 04. Aug, 2011 by Tony Cordi in Manhattan Beach

It has been another relatively active month for Manhattan Beach strand home real estate activity.  A home that had only been on the market for 65 days popped into escrow.  The listing at 2908 The Strand had an initial asking price of just under $8.4 million, an attractive enough price for this quick sale.  The fact that it is on an oversized lot probably helped a lot.  This will be the sixth home to change hands on the strand this year-to-date.  Of these, two of them were private, off-market sales.

2908 The Strand - $8.395 Million

We started this period with seven active listings and now stand at four.  In addition to the sale of 2908 The Strand, the home at 3112 shows up in the MLS as being cancelled while the home at 1712 is on hold.  We’ll see if the status of these homes changes yet again before the end of this month.

There are no price changes to report for the past month.

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Tags: Beachtime Realty, manhattan beach strand, manhattan strand homes, south bay luxury homes, Tony Cordi