Currently the only condo on the market in The Village and Seascapes is a top floor 2 bedroom unit in Seascape 1. Although Seascape One is just behind the Redondo Pier, it’s actually the only building in which some units face east. 240 The Village is a very nicely done condo with views of the open greenspace but unfortunately no ocean view.
Due to hit the market next week, 650 The Village #206 is a one bedroom condo on the 2nd floor offering some fairly nice ocean views. The condo has been nicely remodeled and the kitchen wall opened a bit to allow more light than the original layout. Both the kitchen and bathroom have been remodeled and the condo has a nice coastal feel.
We had seen this condo hit the market back in the late fall and after about a month on the market it was pulled off to do some work. It’s back on the market after about a month with a new look, some upgrades and enhancements and staging. It also has a new price of $1,025,000 (was originally lised in October for around $970,000 and then reduced a bit later to $940,000. The biggest challenge for the unit is the first floor location as it has a very limited view….but does have some ocean view.
It was another great month in Redondo Beach both in terms of the number of homes that closed escrow as well as the prices. November 2021 saw an impressive 77 on market home, condo and townhome sales closing during the month. The average “list” price of the homes that closed escrow during the month was $1,441,772 with the average “sold” price at $1,407,759 meaning that homes generally sold lower than the asking price. This was the first month in which sold prices were lower than list prices in quite a while. Homes averaged 30 days on the market before going into escrow with a median DOM of only 9 days. Average price per foot was $$811.
New to the market this week is a rare studio condo in The Village in South Redondo Beach. The studios offer 410 square feet in a fairly spacious layout. This first floor unit offers a tiny ocean peak (studios are always the furthest from the water), an oversized deck, laminate flooring and a bright look and feel. The condo was nicely remodeled with stainless appliances and granite countertops. View the MLS listing details below.
Welcome to the real estate report for Redondo Beach home sales in October 2021. Take a look at all of the homes that sold in October in both north and south Redondo Beach as well as parts of the Hollywood Riviera. It was a fantastic month for home sales in Redondo Beach CA with a very impressive 97 on market property sales closing. While there have been a few months higher than this over the past few years this is definitely on the very high end and a good indication as to just how strong the real estate market in Redondo Beach continues to be.
The average property “asking” price was $1,370,912 with the average “sales” price at $1,416,929 meaning that homes generally sold WELL above the original listing price. Of the 97 home sales one was in The Village Condos and another was in Seascape 2 (townhome)