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.
What is your condo in The Village, Seascape or Esplanade worth in today’s real estate market?
Whether you’re considering selling your condo in The Village or whether you’re just curious about the value of your home, we will be more than happy to help. We’ll be happy to put together a FREE home valuation report based on the latest comparable sales and the current market conditions. While we hope to earn your future business we assure you that there is absolutely no obligation and no high pressure.
With only active 19 homes for sale in all of Redondo Beach, it’s nice to see that one of them is in The Village. There had been a rare studio in the 630 The Village building but that’s now in escrow. This latest addition is a ground floor unit in 650 The Village. It’s been nicely remodeled and the kitchen wall facing the living room has been removed (not sure how as usually only 3rd floor units can remove the whole wall) so it has a nice open feel. As only 1st floor condos can have hardwood floors that’s the tradeoff….views are not as good but flooring is upgraded. The $678,000 list price is pretty high for a first floor unit but given that there’s high demand and almost nothing to buy, this could likely end up in that vicinity. The last 1st floor 1 bedroom sold in April for $629,000 but in this real estate market…..that was a long time ago.
One of the coolest holiday events in the South Bay has to be the annual boat parade in Redondo Beach’s King Harbor. Some of the boats are elaborately decorated and lit and there’s just something so unique about the experience.
The event takes place on December 11th with various paddle boats, stand up, kayaks and more starting at 4:30 and the boat parade starting at 5:30. The best place to view is always Moonstone Park (see location map below) as it stick well into the harbor.
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 $$811.
condo has been nicely remodeled and the kitchen wall opened a bit to allow more light than the original layout. Both the kitchen and bathroom have been remodeled and the condo has a nice coastal feel.
the 630 The Village building but that’s now in escrow. This latest addition is a ground floor unit in 650 The Village. It’s been nicely remodeled and the kitchen wall facing the living room has been removed (not sure how as usually only 3rd floor units can remove the whole wall) so it has a nice open feel. As only 1st floor condos can have hardwood floors that’s the tradeoff….views are not as good but flooring is upgraded. The $678,000 list price is pretty high for a first floor unit but given that there’s high demand and almost nothing to buy, this could likely end up in that vicinity. The last 1st floor 1 bedroom sold in April for $629,000 but in this real estate market…..that was a long time ago.
parade in Redondo Beach’s King Harbor. Some of the boats are elaborately decorated and lit and there’s just something so unique about the experience.
2021 saw an impressive 77 on market home, condo and townhome sales closing during the month. The average “list” price of the homes that closed escrow during the month was $1,441,772 with the average “sold” price at $1,407,759 meaning that homes generally sold lower than the asking price. This was the first month in which sold prices were lower than list prices in quite a while. Homes averaged 30 days on the market before going into escrow with a median DOM of only 9 days. Average price per foot was $$811.