We are very excited about our most recent sale in The Village. We had multiple offers and it sold at full price to an all cash buyer. While the average days on market for other active listings is over 70, 610 The Village went into escrow after only 17 days.
Welcome home to this luxury retreat and live the vacation lifestyle! This beautifully remodeled condo is the ideal beach retreat and
the community offers multiple pools and spas, oceanview deck, bbq area and access to the neighboring resort style pool, state of the art fitness center and market/restaurant. Perfect for those looking to buy instead of rent, those looking for a second home just seconds from the beach, and those that travel often and are looking for the perfect place to come home after a trip and sit back and relax…..610 The Village #202 is an ideal fit. Located just east of King Harbor and the Redondo Pier, this beautiful and rare ocean view studio is central to everything in the South Bay. The home was recently upgrated with granite counters, new stainless appliances, recessed lights, crown molding, new sliders to the patio, new carpet and new paint. Bathed in natural light the home feels much larger than the typical studio and much larger than the square footage would indicate. Enjoy beach breezes and ocean views from the home or the private balcony or head out for a stroll on the pier or along the beach.
Contact listing agent Keith Kyle with Vista Sotheby’s International Realty for more information or to set up a private showing.
Is the real estate market in the oceanview condos of The Village in Redondo Beach finally cooling off?
The one bedroom Village condos in Redondo Beach are a great indicator of the South Redondo real estate market over time as the units are all the same size and configuration. The ocean views make a big difference as well as the floor it’s on, but in general the units are pretty similar. Therefore the changes in values year over year make for a good indication of the direction the market is heading. See below for information on the sales so far in 2018 and how they compare with 2017 and 2016. It indicates while prices are still high the market is softening with a smaller increase in values from 2017 as well as a longer average days on market. View the current oceanview condos for sale in The Village Redondo Beach
As of September 10th, 2018 has seen 5 one bedroom condos sold at a median price of $630,000 and an average price of $628,000. That averaged out to around $1,015 a square foot for the year. Another important number was the average days on market for 2017 which was 35.
| Price | |||
| 650 | The Village #211 | $ 600,000 | 969 |
| 610 | The Village #311 | $ 645,000 | 1042 |
| 610 | The Village #315 | $ 630,000 | 1018 |
| 620 | The Village #108 | $ 610,000 | 985 |
| 650 | The Village #108 | $ 655,000 | 1058 |
In 2017 8 one bedroom condos sold at a median price of $615,000 and an average price of $621,000. That averaged out to around $993 a square foot for the year. Another important number was the average days on market for 2017 which was 19.
| Address | |||
| 650 | The Village #214 | $ 590,000 | 953 |
| 630 | The Village #311 | $ 615,000 | 994 |
| 620 | The Village #107 | $ 615,000 | 994 |
| 660 | The Village #108 | $ 594,000 | 960 |
| 630 | The Village #211 | $ 635,000 | 1026 |
| 610 | The Village #311 | $ 670,000 | 1082 |
| 650 | The Village #212 | $ 650,000 | 1050 |
| 630 | The Village #210 | $ 599,000 | 968 |
In 2016 10 one bedroom condos sold at a median price of $552,550 and an average price of $557,800. That averaged out to around $900 a square foot for the year. Another important number was the average days on market for 2016 which was 29.
| Address | |||
|
650
|
The Village #210 | $ 545,000 | 880 |
|
630
|
The Village #207 | $ 550,000 | 889 |
|
660
|
The Village #309 | $ 600,500 | 970 |
|
650
|
The Village #104 | $ 520,000 | 840 |
|
640
|
The Village #312 | $ 590,000 | 953 |
|
630
|
The Village #109 | $ 520,000 | 840 |
|
660
|
The Village #310 | $ 570,000 | 921 |
|
620
|
The Village #206 | $ 545,000 | 880 |
|
630
|
The Village #204 | $ 555,000 | 897 |
|
630
|
The Village #115 | $ 582,500 | 941 |
