See how real estate in Redondo Beach fared in October 2022 compared with a year earlier. It was definitely a slower real estate market with 86 homes on the market compared with only 52 in 2022. Only 44 homes went into escrow last month compared with 74 a year earlier and only 49 home sales in Redondo Beach compared with 96 in October of 2021. Prices were up significantly however with a median sales price of $1,450,000 compared with $1,356,000 in 2021.
The newest addition to the oceanview condo market in Redondo Beach CA is 2 bedroom 2nd floor condo located in Seascape 3 at 520 The Village. Although it’s a bit dated with tile countertops and older cabinets in the bathrooms, it’s in very nice condition. It’s an end unit so the great news is that it has extra windows making for a very bright interior…..the downside is that it’s the unit closest to fairly busy Catalina Ave so it’s a bit busy out the back bedroom window. It has a decent ocean view from the balcony but no real view from inside the unit. HOAs are always high in Seascape 3 and there’s an approximately $50K per unit special assessment that the seller isn’t planning on paying so that needs to be factored into value.
520 The Village Unit#213 Redondo Beach Basics
2 bedrooms
2 bathrooms
1,501 square feet (BTV)
HOA $855 monthly + special assessment
Listed at $1,149,000
Listed by Juan Huizar & Caleb Baldwin – Sage Real Estate – 562-400-7622
CoLO: Sage Real Estate
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.
Take a look at the 4 condos that have sold in The Village and Seacape complexes of South Redondo Beach so far this year. Seems 1st floor condos were all the rage in The Village as both of the units that sold were on the lowest floor. The other two sales were both in Seascape 2. See all the most recent condo sales in and around The Village Redondo
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 $$811.
Welcome to the real estate report for Redondo Beach home sales in October 2021. Take a look at all of the homes that sold in October in both north and south Redondo Beach as well as parts of the Hollywood Riviera. It was a fantastic month for home sales in Redondo Beach CA with a very impressive 97 on market property sales closing. While there have been a few months higher than this over the past few years this is definitely on the very high end and a good indication as to just how strong the real estate market in Redondo Beach continues to be.
The average property “asking” price was $1,370,912 with the average “sales” price at $1,416,929 meaning that homes generally sold WELL above the original listing price. Of the 97 home sales one was in The Village Condos and another was in Seascape 2 (townhome)
The Village. Although it’s a bit dated with tile countertops and older cabinets in the bathrooms, it’s in very nice condition. It’s an end unit so the great news is that it has extra windows making for a very bright interior…..the downside is that it’s the unit closest to fairly busy Catalina Ave so it’s a bit busy out the back bedroom window. It has a decent ocean view from the balcony but no real view from inside the unit. HOAs are always high in Seascape 3 and there’s an approximately $50K per unit special assessment that the seller isn’t planning on paying so that needs to be factored into value.
2021 saw an impressive 77 on market home, condo and townhome sales closing during the month. The average “list” price of the homes that closed escrow during the month was $1,441,772 with the average “sold” price at $1,407,759 meaning that homes generally sold lower than the asking price. This was the first month in which sold prices were lower than list prices in quite a while. Homes averaged 30 days on the market before going into escrow with a median DOM of only 9 days. Average price per foot was $$811.
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