There have been a lot of sales this year that tried to sell last year and couldn’t for one reason or another. Below is a list of properties that tried to sell in the recent past and did not, but now have sold.

Manhattan Beach Pendings or Solds:
(This is a general list with not a ton of details, information deemed reliable but not guaranteed)

88 Manhattan Ave.: Town Home, once listed for 1849,000 sold off market at a new asking price of 1,925,000
2101 Walnut Ave:, Large SFR, Cap-cod tried to sell off market last year for 2,100,000…now in escrow off market with new listed price of 2,199,000 with multiple offers.
766 33rd: was listed 11/2011 for 2,499,000 currently in escrow after being re-listed 2/2012.
1022 1st st.: 10/2011 re-listed in 1/2012 sold in less than a week.
230 Anderson: for sale all of 2011, was re-listed in early 2012 at a reduced price of 3,999,000 now pending.
3315 Alma: was listed 10/2011 for 2,299,000. Re-listed 2/2012 for 2,199,000 and is currently in escrow.
2808 Elm Ave.: was listed last year at 1,999,000 could not sell, re-listed this year at 2,199,000 and is currently in escrow.
864 9th st.: was listed 11/2010, re-listed in 3/2012 2,849,000 sold for multiple offers, currently in escrow.
1535 Ruhland Ave.: listed last year 2,099,000 did not sell, re listed early 2012 for 1,999,000 and is currently in escrow.
617 Crest Dr.: listed 10/2011 for 1,849,000, sold off market in 2/2012 posted on MLS as sold for 1,800,000.
1808 Pine: was listed 10/2011 1,099,000 re-listed 2/2012 sold in the 900′s.
2404 palm Ave.: was listed 10/2011 1,499,000, re-listed 1/2012 and sold for 1,499,000
705 29th st.: Listed last year 9/2011 for 1,799,000, re-listed 1/2012 for 1,775,000 and closed at 1,750,000
1713 Ruhland: listed 6/2011 was in escrow but did not close, re-sold 3/2012 for 1,040,000

This is most but not all of the examples I could find showing that the market has picked up! To be fair, not all of these have sold for the same price as last year, some prices came down. I can tell you the feeling of last year for some of these listings were not going to sell (within reason). Now 6-12 months later they have now sold. This is a clear indication that the market activity has picked up and in some cases the values have “ticked” up. Overall a good sign that the market is moving.

2826 The Strand Hermosa Beach, CA 90254     listed by Shorewood Realtors RAJU.

This is currently the highest price home listed for sale in Manhattan and Hermosa and (probably) Redondo.  There are a couple of Strand homes in Manhattan that are close but none are as expensive as this one.

This home is huge!  8,000 sft of living space maxing out it’s 4,640 sft lot with 2 levels above ground and one below.

It is currently under construction and has ways to go before its is complete.  It is totally framed out and should be done in a year or less.

Here is the description from the MLS listing:
Masterpiece under creation. Built by Don Doukoullos. Beautiful Craftsman/Contemporary Architecture by Louie Tomaro. Bring the best in indoor and outdoor living at The Strand. Home offers 5 bedrooms, 9 bathrooms, formal living, dining, family room, home theatre, rooftop deck with swimming pool, water feature and state-of-the-art audio/video Creston Electronic Systems. 8,000 SF of luxury living space on a 4,640 SF ocean front lot. Located in N. Hermosa Beach. Minutes to downtown and the pier. Completion in Spring of 2010.