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Manhattan Beach Market Update (thru 8/31/10)Today:8/31/10

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Sand Section – Active SFRs up to $2m

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Active SFR Listings:16

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Boldface price = changed since last report

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Strikeout text = moved off actives since last report (w = withdrawn, k = canceled, x = expired, p = pending/escrow)

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• next to address = new since last report; "r" next to address = returned after leaving actives (cancellation or escrow)

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bd/basq. ft.lot sz.cond. Current PricePPSFTrue DOMInitial PriceInitial ListRelisted?ReduxComment

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Click any address to view property online

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up to $2m

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421 32nd Pl2/17251250dated$775,000$1,069125$775,0004/28/10

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P217 Seaview3/214001350remod$849,000$60618$849,0008/13/10Short sale

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112 Shell2/210001350remod$979,000$979195$1,049,0002/17/10$70,000

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P224 39th3/315251450dated$1,049,000$68846$1,140,0007/16/10$91,000

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225 41st2/213001300remod$1,099,000$8456$1,099,0008/25/10

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K2917 Manhattan Ave2/29251800remod$1,099,000$1,18818$1,099,0007/22/10

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221 11th Pl3/212501350remod$1,125,000$90072$1,125,0006/20/10Duplex also on SFRs; sellers paid $1.150m in Dec. '07

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609 Valley2/316751550remod$1,127,000$67321$1,127,0008/10/10Sellers paid $960k in July '05 before big remodel

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K409 21st Pl3/314001175remod$1,149,000$82182$1,149,0006/8/10Sellers paid $935k in March '05

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217 35th Pl2/29751625dated$1,055,000$1,082259$1,200,00012/15/09$145,000Sellers paid $990k in Apr. '06; tried at $1.495m in 2008

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K621 Valley3/210501300remod$1,099,000$1,04771$1,099,0006/21/10Sellers paid $1.0m in May '05; tried 9 mos. May '09-Jan. '10

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P4419 Highland4/319751280newer$1,099,000$556172$1,189,0003/12/10$90,000

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r2516 Alma2/214001750remod$1,198,000$856393$1,199,0008/3/09YesSellers paid $1.199m in Aug. '04

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P516 1st3/211754000dated$1,219,000$1,03725$1,219,0008/6/10

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K472 27th2/29002700dated$1,220,000$1,356160$1,300,0002/10/10$80,000

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P233 42nd3/316751350remod$1,299,000$77675$1,365,0006/17/10$66,000

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445 32nd3/219002700dated$1,357,500$714179$1,400,0003/5/10$42,500

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K3416 Alma3/318501750remod$1,325,000$716113$1,349,0005/10/10$24,000Sellers paid $1.3m in March '05, later updated

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3212 Vista3/321251350dated$1,330,000$62697$1,455,0005/26/10$125,000REO, fixer

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433 27th3/217251550remod$1,360,000$78847$1,360,0007/15/10

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532 24th3/317502700remod$1,379,000$78829$1,379,0008/2/10

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3608 Crest3/421251350remod$1,379,000$64936$1,379,0007/26/10

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464 36th4/421252700remod$1,399,000$658112$1,629,0005/11/10$230,000

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715 Bayview3/318501650remod$1,550,000$83820$1,550,0008/11/10

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453 29th3/324002700remod$1,699,000$70848$1,699,0007/14/10Seller paid $980k in Apr. '03

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301 35th4/531001900remod$1,997,000$644110$2,297,0005/13/10$300,000

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Canceled/Expired (Last 6 Months)

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517 1st4/225503000remod$1,825,000$716189$1,899,00010/8/09$74,000Sellers pd $1.365m in July '04, rebuilt; price cut to $1.599m before rises

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433 32nd3/318252700dated$1,475,000$80852$1,599,0004/9/10$124,000

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420 1st2/210003300dated$1,130,000$1,130179$1,190,0002/2/10$60,000Sellers paid $1.075m in June '07

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2917 Manhattan Ave2/2/20109251800remod$1099000$1188.1081081081118$10990007/22/2010

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409 21st Pl3/3/201014001175remod$1149000$820.71428571428682$11490006/8/2010Sellers paid $935k in March '05

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621 Valley3/2/201010501300remod$1099000$1046.6666666666771$10990006/21/2010Sellers paid $1.0m in May '05; tried 9 mos. May '09-Jan. '10

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472 27th2/2/20109002700dated$1220000$1355.55555555556160$13000002/10/2010$80000

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3416 Alma3/3/201018501750remod$1325000$716.216216216216-40308$13490005/10/2010$24000Sellers paid $1.3m in March '05, later updated

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