#MarketUpdateMonday: Hollywood Riviera Sales February 2017

Below are the sales stats for the Redondo Beach portion of the Hollywood Riviera, which has shown consistent activity in 2017 with increases in pricing. 

Number of Homes Sold: 7

Lowest Sales Price: $720,000 (2 Bed | 1 Bath | 1,265 SF | 5,139 Lot SF)

Highest Sales Price: $2,529,000 (3 Bed | 4 Bath | 3,370 SF | 9,871 SF)

Average Sales Price: $1,452,143

Median Sales Price: $1,400,000

Average Price Per SF: $668.16

How Many Homes Sold Over Asking: 2

Average Days On Market: 50 Days 

Above are the photos of the home that sold that sold at the highest price at $2,529,000 that was custom built in 2014.