Welcome to The Altamura’s Blog Section!
I would like to start off with some recent news in the market. There has been a lot of activity lately which tends to point that the market in the South Bay is holding steady. Recent sales prove this theory. 523 14th St, and 401 2nd St. in Manhattan Beach are two big ones just to name a few. Both listed for $3,399,000 and $3,999,000 respectively. In a matter of a 9 days, 14th St. sold and in 1 day, 2nd St. sold. Both for over full price and both had multiple offers ($3.505 and $4.150). Some might argue the buyer’s for both overpaid, I say the market determines value and right now, the market said that the value was over those list prices respectfully.
402 2nd St, Manhattan Beach

523 14th St