hill section

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People want to see signs... omens... hints of what is to come.

There are no guarantees of future performance this year, but look at some deals made in the first 5 weeks of 2016:

611 Bayview (3br/4ba, 2720 sqft.) is a slick, modern and nearly new view townhouse near town but on the quiet alley street just up off of Manahattan Ave.

Purchased new for $3.250M in January 2014, this one was quite nearly the first Manhattan Beach Sand Section townhome to ever garner more than $3M. (Off The Strand, that is, to be clear.)

But that was so, so long ago... two years.

Listed for $4.650M this year, this market maker is doing it again – getting an offer within 9 days.

That $1.4M markup is +43% over 24 months. In retrospect, maybe they got a deal on the original…

Neighbor fights can become nasty. The sale of a couple plots of land needs not get too rough, though.

Two next-door neighbors in Manhattan Beach's Hill Section were on the market side-by-side for a time there, with a victor now emerging.

One took the approach of overpricing and trying to make the market come to them.

That was 500 Pacific. It's a big Hill Section corner lot (11,400 sqft.) with views over wide 5th St. and over homes to the southwest.

From the top rear corner of this lot, a new home should have views of greenbelt treetops, Sand Section rooftops, the Palos Verdes Peninsula and a goodly line of blue from the Pacific.

What a commodity! A big parcel of scarce land in a prestige location with views!

In October, they listed at $6.825M. It was

Let's continue with a look back at data from 2015.

Here are the highest sale prices in the prestigious Hill Section last year.

Highest Sale of 2015

612 John (6br/8ba, 7400 sqft.) very nearly tripled in market value since its 2000 build.

That's a fascinating headline from the highest-ever public market sale in the Hill Section.

Closed Price: $9.400M in July.

This home was built on spec way-back-when in the year 2000, becoming a fine exemplar of the era's modern/Mediterranean estates that now dot the Hill Section. It sold new for $3.320M in December 2000.

The most recent prior purchase had been for $5.400M in 2011. That new owner went about customizing and updating the property inside.

Views from the property are considerable, among our town's…

Happy New Year to you (again). We like this time of year on the blog, because January gives us a chance to run through some data about the year that was. Watch for some analyses in the days to come.

Our first data offering: We've now posted a special page on MBC with all of the sales of 2015, in reverse chronological order (i.e., newest first). Any time, take a look at "Manhattan Beach Homes Sold in 2015." A link is also now under "Sales Data" on the front page.

A couple of year-end sales caught our attention:

224 19th (5br/5ba, 4300 sqft.) (pictured here), a 90s Mediterranean on a walkstreet west of Highland.

The first, striking thing about this sale was the time on market versus the time to closing.

The home came to market in July 2014 at $5.499M,…