The Village condos Redondo Beach

Two Recent One Bedroom Condo Sales in The Village Redondo

Keep current on the real estate market in The Village in Redondo Beach. We’ve just seen two closed condo sales in The Village and it’sThe Village condos Redondo Beach somewhat the tale of two different situations.  The first home was at 610 The Village #203 and originally listed at $629,000 which was a very aggressive price likely based on the lisging directly above.  That condo was also listed at $629,000 but eventually only sold at $610,000 and was a top floor unit.  The condo at #203 eventually sold for $595,000 after 81 days on the market.

The other sale at 620 The Village #112 was a very different as it sold at full price after only 9 days on the market.  This was a first level condo with some nice upgrades that sold at $630,000.  We thought it was priced slightly high at the time but given the upgrades it definitely had some appeal.  View all of the recent home sales in The Village.  Views are always a big factor in value and both homes had fairly nice ocean views.  One other notable sale was the very rare 2 bedroom that recently sold at 630 The Village #116.

View the current condos for sale

Does the recent listing and sale at 640 The Village #105 indicate that the market may be slowing?

Does the recent listing and sale at 640 The Village #105 indicate that the market may be slowing….or was it just a victim of circumstances and timing.  This was a one bedroom, first floor unit without much of a view but it sold considerably below any sale in 2018.  The home sold at $579,000 after considerable time on the market.  The condo was originally listed on October 19th, and went into escrow after 2 full months on December 20th.  While the time of year didn’t help it may definitely be more than just timing.  Again the home was in clean condition although the kitchen needed some updating and upgrading as well as the bathroom.  Having said that it was still very surprising to see it sit that long and sell at that price.  The previous 5 sales (since September) are below and the lowest priced one bedroom (other than 640 #105) sold at $640,000.  Only time will tell if the market is cooling or whether it’s just temporary like the weather.

See the current condos for sale in The Village

1 Bedroom Condo Sales in The Village Since September 2018

  Address Sales Price – List Price $ per Ft Bed/Bath Sq Feet Year Built Date Sold
640 The Village #105 $579,000 – : $599,999 $935.38 1/1,0,0,0 619/A 1974/PUB 1/16/2019
610 The Village #205 $640,000 – : $634,999 $1,033.93 1/1,0,0,0 619/A 1974/ASR 10/17/2018
610 The Village #214 $648,375 – : $665,000 $1,047.46 1/1,0,0,0 619/A 1974 10/16/2018
650 The Village #204 $662,000 – : $645,000 $1,069.47 1/1,0,0,0 619/A 1974/ASR 10/3/2018
630 The Village #112 $640,000 – : $660,000 $1,033.93 1/1,0,0,0 619/A 1974/ASR 9/3/2018
610 The Village #202 Redondo Beach condo

The Village and Seascape Redondo – 2018 Real Estate Year in Review

2018 was a great year for home sales in the ocean view condo complexes of The Village and Seascapes One, Two and Three.  The majority of the sales were in The Village complex with the addresses in the 600s.  There were 23 on market home sales during the year with the majority being in the Village.  Of the 23 sales there were 10 homes sold in The Village (600 buildings) followed by 6 in Seascape Two (100 The Village addresses) 4 in Seascape One (200 The Village addresses) and only one sale in Seascape 3.  The two lowest priced sales were 410 foot studios in The Village that both sold at $460,000 and the highest sale of the year was a 1,557 foot 2 bedroom in Seascape 3 with nice ocean views that closed at $934,000.

What’s for sale currently?

There are a few homes currently on the market on the higher end of the pricing with a very rare 2 bedroom at 610 The Village #116 priced at $929,000, a two bedroom in Seascape 3 priced at $968,000, and a 3rd floor 2 bedroom unit with big ocean views in Seascape One priced at $1,100,000 and is currently under contract.  Click here to see all of the current homes for sale in The Village and Seascape.

Address
Close Price – List Price
Price per Footoot
Bed/Baths
Sq Feet
Year
Close Date
650
The Village #211
$600,000 –  $615,000
$969.31
1/1,0,0,0
619/A
1974/ASR
1/8/2018
610
The Village #311
$645,000 –  $658,000
$1,042.00
1/1,0,0,0
619/
1974/ASR
1/9/2018
510
The Village #201
$934,000 –  $939,000
$599.87
2/2,0,0,0
1557/A
1980/ASR
1/29/2018
610
The Village #315
$630,000 –  $639,900
$1,017.77
1/1,0,0,0
619/A
1974/ASR
2/9/2018
250
The Village #205
$580,000 –  $609,000
$1,005.20
0/1,0,0,0
577/A
1978/ASR
2/21/2018
120
The Village #102
$840,000 –  $825,000
$585.77
2/2,0,0,0
1434/A
1980/ASR
3/5/2018
120
The Village #203
$865,000 –  $875,000
$603.21
2/2,0,0,0
1434/A
1980/ASR
3/23/2018
130
The Village #205
$888,000
$627.12
2/1,1,0,0
1416/A
1980/ASR
3/28/2018
120
The Village #108
$749,900
$654.93
1/1,0,1,0
1145/A
1980/ASR
4/18/2018
620
The Village #108
$610,000 –  $599,000
$985.46
1/1,0,0,0
619/A
1974/ASR
4/27/2018
110
The Village #408
$900,000
$627.62
2/2,0,0,0
1434/A
1980/ASR
5/8/2018
650
The Village #108
$655,000
$1,058.16
1/1,0,0,0
619/A
1974/ASR
6/6/2018
240
The Village #206
$799,000
$616.51
2/1,1,0,0
1296/A
1978/ASR
6/14/2018
630
The Village #302
$470,000 –  $479,000
$1,146.34
0/1,0,0,0
410/A
1974/ASR
6/28/2018
130
The Village #207
$900,000 –  $849,000
$677.71
2/2,0,0,0
1328/A
1980/ASR
7/11/2018
240
The Village #210
$680,000 –  $675,000
$796.25
1/1,0,0,0
854/A
1978/ASR
7/19/2018
250
The Village #105
$585,000
$1,013.86
0/1,0,0,0
577/A
1978/ASR
8/24/2018
630
The Village #112
$640,000 –  $660,000
$1,033.93
1/1,0,0,0
619/A
1974/ASR
9/3/2018
620
The Village #302
$460,000 –  $469,000
$1,121.95
0/1,0,0,0
410/A
1974/ASR
9/28/2018
650
THE Village #204
$662,000 –  $645,000
$1,069.47
1/1,0,0,0
619/A
1974/ASR
10/3/2018
610
The Village #214
$648,375 –  $665,000
$1,047.46
1/1,0,0,0
619/A
1974
10/16/2018
610
The Village #205
$640,000 –  $634,999
$1,033.93
1/1,0,0,0
619/A
1974/ASR
10/17/2018
610
The Village #202
$460,000
$1,121.95
0/1,0,0,0
410/A
1974/ASR
12/17/2018

 

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