You know a real estate market is "hot" when there are more homes in escrow than currently for sale in a given neighborhood or price range. Such is the case with Manhattan Beach luxury homes priced over $2,000,000.
Manhattan Beach luxury homes move from "Just Listed" to "Just Sold" at a very fast clip. The message this sends to prospective buyers is move fast or risk losing the property to another buyer. The message it sends to sellers is this is your market so make the most of it. Yes, the market does indeed speak to us.
Here's a snapshot of what is happening in the Manhattan Beach luxury home market as of November 2013:
19 Single family luxury homes priced over $2,000,000 are for sale in Manhattan Beach.
20 Manhattan Beach luxury homes are currently in escrow with accepted offers.
6 Manhattan Beach luxury homes priced over 2M sold during October 2013, and 104 Manhattan Beach luxury homes sold YTD. The most expensive home sold in Manhattan Beach thus far in 2013 was a beach front home on The Strand that sold for $10,995,000.
For more information on Manhattan Beach luxury homes contact Norma Toering & Team.
Manhattan Beach Luxury Homes for Sale:
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