#MarketUpdateMonday: North Redondo Beach March 2017

Spring is officially underway, which means prices are still competitive and inventory is moving. The average price in North Redondo has jumped from $919,435 in February 2017 to $944,150 in March 2017 with over half of the sales closing over asking price. 

Below is a quick update to see how the North Redondo Beach residential real estate market faired in March 2017:

Number of Homes Sold: 41 Properties 

Lowest Sales Price: $430,000 (2 Bed | 2 Bath | 860 SF | Condo)

Highest Sales Price: $1,685,000 (4 Bed | 4.5 Bath | 3,100 SF | 2,500 Lot SF) 

Average Sales Price: $944,150

Median Sales Price: $910,000

Average Price Per SF: $581.34

How Many Homes Sold Over Asking: 23 Homes 

Average Days On Market: 43 Days 

Check out the photos above of one of our favorite homes we have seen this year. Located in North Redondo it closed at $1,410,000, with 3 beds, 3 baths, 1,586 SF and sits on a 7,500 SF lot. The mid-century modern design and impeccable furnishings make it bright and inviting.