Wow - Some Quick Sales in the Trees

A couple of Tree Section homes relisted this past week have sold already.

1413 Pine is accepting backup offers after 5 days on the market. The owners attempted to sell 2 years ago for $1,759,000, coming down to $1,659,000 and taking it off the market after 6 months. This property was also in preforeclosure, having received a Notice of Default in 2009. With the inventory of available homes lower now and a lower asking price of $1,389,000, this home was snapped up quickly this time.

2405 Elm is in pending status after 16 days into a new listing. (See previous post.) I don’t know if the price reduction of about $50,000 or the increase in compensation offered to the buyer’s agent or a change in market sentiment made the difference, but it’s now in escrow.

Contact Janie Sue Nagy at 310.707.8762 or Janie.Nagy@shorewood.com if you would like to snap up your own home in Manhattan Beach or neighboring areas.