#MarketUpdateMonday: Hollywood Riviera Sales March 2017

The Redondo Beach portion of the Hollywood Riviera typically commands competitive prices. These homes are on larger lots and have great views of the Queen’s necklace which is unique in comparison to the majority of other Redondo Beach homes.

 

Below is a quick update to see how the Hollywood Riviera real estate market faired in March 2017:

 

Number of Homes Sold: 6 Homes 

Lowest Sales Price: $1,260,000 (3 Bed | 3 Bath | 1,397 SF | 8,036 Lot SF) 

Highest Sales Price: $1,627,200 ( 3 Bed | 2 Bath | 1,626 SF | 7,319 Lot SF) 

Average Sales Price: $1,452,033

Median Sales Price: $1,482,500

Average Price Per SF: $950.74

How Many Homes Sold Over Asking: 4 Homes 

Average Days On Market: 40 Days 

 

The highest closed sales priced home was actually a probate sale. The home sits west of PV Boulevard and commands an amazing view of the Queen’s Necklace. Even though it was not as remodeled as other sales, the location and view garnered the highest price. Check out the photos above!

 

Head over to our home page to check out other properties on the market in the Hollywood Riviera.