Redondo Beach real estate market recap

Torrance Real Estate Market at a Glance – Q2 Trends

The numbers for the 2nd quarter are in and here’s a quick recap for real estate in Torrance CA during April-June.  The number of sold homes was way down compared with 2019.  There were 225 closed home sales in Torrance in 2020 compared with 325 in the same months during 2019.  The rest of the trends all looked great however.  The median selling prices was an impressive $822,000 and days on market was a very short 26.  The average price per foot also jumped quite a bot to $524.

View the current homes for sale in Torrance CA

Welcome to Torrance real estate

 

206 Ruby St Redondo Beach

Just Sold in South Redondo Beach – 2 Bed Townhome 2 Blocks from the Beach

Congratulations to the sellers of 206 Ruby in South Redondo Beach.  We just successfully closed escrow at $910,000.  This was a 2 bed, 2 1/2 bath townhome with beautiful updates and upgrades throughout and ideally located just 2 blocks from the beach.  

Just Sold - 206 Ruby, Redondo Beach 90277

June Home Sales and House Prices in the Hollywood Riviera

June 2020 Hollywood Riviera Home Sales and House Prices

June was another slower month for home sales in the community of Hollywood Riviera with only 6 closed sales during the month which was about average for 2020 but quite a bit lower than most months in 2019.  Prices were impressive with the median “list” price of $1,795,000 and a median “sold” price of $1,755,000. The average price per foot was $890.87 and the average days on market was 66.   The highest priced sale of the month was an oceanfront home on the bluff at 529 Paseo De La Playa which sold for $5,650,000.

June Home sales

 

MLS #Type AddresPrice$ Per FootBed/BathSq FeetYear
PV20003066SFR/D309Calle De Andalucia   $1,950,000$584.534/2,3,1,03336/A2006/OTH
SB20091568SFR/D341Calle Mayor   $2,351,000$867.214/2,0,1,02711/D1952/ASR
SB20112988SFR/D529Paseo De La Playa   $5,650,000$1,777.294/2,1,0,03179/A1962/PUB
PV20056037SFR/D4902Newton ST  $1,310,000$792.983/1,2,0,01652/S1954/ASR
SB20076571SFR/D4729Paseo de las Tortugas   $1,335,000$832.813/2,0,0,01603/A1956/ASR
PV20011613SFR/D24002Janet LN  $1,560,000$490.415/1,2,1,03181/D2016/SLR

Current SFR Median Home Price in the Hollywood Riviera is Whopping $2,235,000

Record breaking home prices in the hollywood Riviera

The Hollywood Riviera is one of the great neighborhoods of the South Bay and values have skyrocketed over the past 10 years.  Having said that the current median price of $2,235,000 is truly unbelievable and rivals some of it’s more expensive neighbors of Hermosa Beach and Manhattan Beach.  Granted there are 2 oceanfront homes on the market, one at 505 Paseo De La Playa listed at $5,500,000 and another at $12,000,000 at 425 Paseo De La Playa but the median price and average list price of $3,787,679 are just staggering.

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the hollywood riviera

Vista Sotheby's International

Vista Sotheby’s International Realty is one of the premier real estate firms in Southern California.  Visit our Riviera Village Office

ADDRESS:

1801 S Catalina Ave, Redondo Beach, CA 90277

Phone:

310.251.2344

E-mail:

keith@keithkylehomes.com

CONTACT AGENT

Redondo Beach realtor Keith Kyle.
DRE#01712785

Keith Kyle

Top Producing Realtor

About Vista Sotheby's

Learn more about how Keith Kyle and Vista Sotheby's International can help with all of your real estate needs

Homes in Hollywood Riviera. All rights reserved. The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. **This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this website. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

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