#MarketUpdateMonday: South Redondo Beach Sales for February 2017

Happy Monday! Below are the stats for all sales in South Redondo Beach for February 2017. As we move away from the holidays and winter and into the spring, the volume of sales has drastically increased from 4 in January, to 16 in February. 

Number of Homes Sold: 16 Homes 

Lowest Sales Price: $412,000 (Condo | 2 Bed | 2 Bath | 901 SF) 

Highest Sales Price: $2,620,000 (SFR | 6 Bed | 6 Bath | 4,350 SF | 7,000 Lot SF) 

Average Sales Price: $1,201,875

Median Sales Price: $1,108,500

Average Price Per SF: $552.54

How Many Homes Sold Over Asking: 4 Homes

Average Days On Market: 69 Days 

Above are the photos of the highest sold home, which sold at $2,260,000. It is a brand new build, and was originally listed at $2,699,000. It sold after being on the market for 60 days. 

Please head over to our contact page if you would like more information on selling and buying in this market with Spring quickly approaching. 

*All information obtained for California Regional Multiple Listing Service.