New to the market is a 1st floor one bedroom condo located at 620 The Village #105. This is a probate sale requiring court confirmation so patience is definitely required! The condo is in fairly nice condition and the the first floor location has pros and cons. Unfortunately the location doesn’t really allow for a view as it’s on the lowest level and pretty far to the east of the building (further from the water). The benefit of first floor is that it’s the only level that’s allowed to have hardwood floors. One nice aspect is that the 620 building is very far from the busy street of Catalina so compared with some higher number buildings there’s no traffic noise.
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 $$811.
patience is definitely required! The condo is in fairly nice condition and the the first floor location has pros and cons. Unfortunately the location doesn’t really allow for a view as it’s on the lowest level and pretty far to the east of the building (further from the water). The benefit of first floor is that it’s the only level that’s allowed to have hardwood floors. One nice aspect is that the 620 building is very far from the busy street of Catalina so compared with some higher number buildings there’s no traffic noise.
just behind the Redondo Pier, it’s actually the only building in which some units face east. 240 The Village is a very nicely done condo with views of the open greenspace but unfortunately no ocean view.
2021 saw an impressive 77 on market home, condo and townhome sales closing during the month. The average “list” price of the homes that closed escrow during the month was $1,441,772 with the average “sold” price at $1,407,759 meaning that homes generally sold lower than the asking price. This was the first month in which sold prices were lower than list prices in quite a while. Homes averaged 30 days on the market before going into escrow with a median DOM of only 9 days. Average price per foot was $$811.