If you happen to live in The Village Redondo Beach…..there’s a great event just steps away. What a venue for a fun weekend concert……. The Beachlife Festival is 3 days of music, entertainment and community fun. We had the chance to go on Friday and it was fantastic as always. There is, of course, the music, which covers a lot of genres and there’s definitely something for everyone. There’s plenty of food and craft beer, booths of local companies, game areas with ping pong, and cornhole and more. The event has 4 stages and our favorite is always the lowtide stage as you watch from the sand of Seaside Lagoon so it’s really like a day at the beach. Visit the Beachlife Festival page for more information. Here’s the set list and times:
The average “list” price for the homes that sold was $1,474,590 with the average sold price at $1,611,603 meaning that, in general, homes sold DRAMATICALLY higher than the list price.
The oceanview condos complexes known as The Village and Seascapes are primarily single level condos but they do have some multi-level townhome options as well. Seascape 1 has several townhomes and, in addition to the fact that there are no neighbors above or below, they have an attached 2 car garage which is a big difference.
This latest townhome located in the Seascape 2 building at 150 The Village #6 was barely on the market before going into escrow. Fro what we understand it was a very strong offer and congrats to the sellers for the home selling so quickly. The townhomes are the homes closest to the water/harbor so they do offer some nice views although they are often much lower elevation than the condos. Learn more about Seascape 2 in Redondo Beach. The home was listed by Liz Cotton of Re/Max.
It’s not surprising to see record home prices in the current Redondo Beach real estate market, but this recent sale in The Village blew us away. Listed at $750,000 this home was only active for one weekend before going into escrow and closed at a jaw dropping $805,000. The previous record was $752,000 and that was for a third floor (which is the top floor and always more valuable) unit. In general first floor units sell for less due to the views being less exciting.
Having said that this one had about as nice a view as you can get on the first floor and the first floor does have two advantages…they have much larger balconies and it is the only level that can have hardwood floors (due to nobody being underneath)
Overall this was a beautiful condo that was in fantastic shape and beautifully remodeled.
Take a look a the 74 homes, townhomes and condos that sold in Redondo Beach in the month of March.
The real estate market in Redondo Beach took off after a few slower months (in terms of the number of homes that sold due to low inventory) with 74 on MLS homes closing escrow during the month, compared to the 37 homes that closed escrow in February.
The average “list” price for the homes that sold was $1,514,688 with the average sold price at $1,626,255 meaning that, in general, homes sold WAY higher than the list price. The average price per foot was $952 and median days on market was and extremely brief 7 before going into pending status.
Of the 74 homes that sold 5 were on the ocean side of the Esplanade, one was in Seascape 2 at 120 The Village and another in Seascape 1 at 240 The Village in South Redondo Beach
