#MarketUpdateMonday: South Redondo Beach July 2017

The South Redondo Beach real estate market cooled off a bit this summer for the month of July. June started out strong with over 38 sales, but July had just 26. However, the 26 sales were strong sales boosting the average purchase price for the month to $1,139,284 from $1,028,891 in June. 

Check out how the market fared below: 

Number of Homes Sold: 26


Lowest Sales Price: $385,000 (1 Bed | 1 Bath | 669 SF | Condo)

Highest Sales Price: $2,275,000 (4 Bed | 3.5 Bath | 4,049 SF | 8,100 SF Lot) 

Average Sales Price: $1,139,284

Median Sales Price: $1,205,000

Average Price Per SF: $735.48

How Many Homes Sold Over Asking: 11 

Average Days On Market: 24 Days 

The photos are from a classic beach home on Pearl Street, that was listed at $1,295,000 and sold over asking at $1,350,000. Just a few blocks away from the beach, an ocean view, and great outdoor space, its a great home with 3 beds, 2 baths, 1,474 square feet sitting on a 4,793 square foot lot. 


*All information and photos is from the CRMLS.