#MarketUpdateMonday: South Redondo Beach June 2017

With a lack of new inventory coming into the market, the South Redondo Beach real estate market declined in June 2017 from May 2017, however, the number of homes that sold over asking jumped to 22, from just 16 in May. 

Here are some quick stats below: 

Number of Homes Sold: 38

Lowest Sales Price: $550,000 (1 Bed | 1 Bath | 717 SF | Condo) 

Highest Sales Price: $1,774,350 (3 Bed | 2 Bath | 1,785 SF | 7,565 SF Lot) 

Average Sales Price: $1,028,891

Median Sales Price: $981,000

Average Price Per SF: $678.90 

How Many Homes Sold Over Asking: 22 Homes 

Average Days On Market: 20 Days 

Check out the photos of our ocean front condo listing that sold with multiple offers for $1,512,000.