Due to the layouts of The Village with primarily one bedroom condos, we don’t see too many 2 bedroom units sell. Not only is that 2 bedroom component rare, but the 2 bedroom units are always the furthest west with the most direct ocean views so they really are special. Recently a 2 bedroom condo in fairly original condition hit the market and it just closed at a sales price of $820,000. Although it needed quite a bit of work AND it was a first floor unit with some of the most blocked views of all the bedrooms….we still feel like the buyer got a very good deal at this price.
October saw another great month for real estate in Redondo Beach CA. There were 88 homes and properties sold during the month which was a great number. Only one of the homes was in the Seascape buildings and none were in The Village. View the recent condo sales in The Village and Seascape.
The median “asking” price of the homes that sold was $1,082,000 with the median “sold” price at $1,077,000. The average price per square foot was $663 with a fairly brief average days on market (DOM) of only 35.
We’re not exactly sure why this keeps going in and out of escrow but the condo at 650 The Village #116 is back on the market once again. While this home could use some cosmetic work, the fact that it’s a 2 bedroom in a complex comprised of almost exclusively one bedroom units makes it unique. It’s a first floor condo so views are limited compared with other buildings and units but it’s still an opportunity.
One of the latest listings in the Seascape and Village complexes is this 2 bedroom ocean view condo located at 140 The Village. This is a top floor condo in Seascape 2 with some nice ocean views and a bright and open layout. Take a look!
What a month it was for home sales in Redondo Beach CA. There were an amazing 110 properties selling and closing escrow during the month which dwarfs the 63 sales the year earlier. Equally impressive was the median home sales price of $1,249,000 and only 27 days on market indicating a very strong “seller’s” market.
August was a huge month for home sales in the coastal community of Redondo Beach with 103 homes that sold during the month which was the highest single sales month since August 2017. The prices were equally impressive with the median “list” price at $1,075,000 and the median “sold” price at $1,050,000 meaning that homes sold very close to full price. The average price per foot was $691.