#MarketUpdateMonday: North Redondo Beach Sales in January 2017

#MarketUpdateMonday: North Redondo Beach Sales in January 2017 

In comparison to South Redondo Beach, North Redondo had a higher volume of sales to start off the year. However, North Redondo is much denser with town-homes and condos.  In relation to how sales went in 2016, 90278 started off strong this year. Below are the numbers for January 2017: 

Number of Homes Sold: 22

Lowest Sales Price: $725,000 (SFR | 2 Bed | 1 Bath | 931 SF | 2,500 SF) 

Highest Sales Price: $1,725,000 (SFR | 5 Bed | 4.5 Bath | 3,228 SF | 5,214 Lot SF) 

Average Sales Price: $980,614

Median Sales Price: $905,000

Average Price Per SF: $536.37

How Many Homes Sold Over Asking: 7 Homes

Average Days On Market: 48 Days 

The highest sales priced home at $1,725,000 was a brand new Single Family build that sold right when it came on the market. Above are photos of a front end townhouse unit that sold for $989,000. It has 4 bedroom, 3 bathrooms and is at 1,922 SF. This price is just in the range of average prices for the area, so you can get an idea. 

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