August 2023 Hollywood Riviera Home Sales and Prices

6 closed sales at $2,596,725 average price

It was a slightly slower month for home sales with only six, but prices in the Hollywood Riviera went a bit crazy during August thanks in large part to a oceanfront home sale closing at $8,000,000. Here’s a quick rundown of the numbers and the market:

The average “list” price was a VERY impressive $2,500,625 with the average sold price at $2,596,725 which was WAY higher than the $1,972,000 in July, the June average of $1,857,355 and $1,780,138 in May. So much for interest rates slowing the market.

The average price per foot was $1205 compared with $960 in July and average days on market was a borderline ridiculous 15 days before going into escrow.

The top sale of the month was an oceanfront home at 511 Paseo De La Playa which closed at in impressive $8,000,000.

See how this compares to other months on our Hollywood Riviera real estate trends and statistics page.

Oceanview homes in the Hollywood Riviera Redondo Beach

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August 2023 Hollywood Riviera Home Sales and Prices

Home Type Address Price $ Per Sq Ft Bed/Bath Sq Feet Age
TWNHS/A 445 Camino De Las Colinas $1,400,000 $894.00 2/1,1,1,0 1566/A 1978/ASR
SFR/D 323 Calle De Andalucia $1,425,000 $1,388.89 3/1,0,0,0 1026/A 1948/ASR
SFR/D 679 Calle Miramar $1,760,000 $1,053.89 3/2,0,0,0 1670/A 1951/ASR
SFR/D 227 Via Anita $2,350,000 $1,269.58 3/3,0,0,0 1851/A 1954/ASR
SFR 409 Calle Mayor $2,988,800 $1,021.11 3/3,0,0,0 2927/ 2001
SFR/D 511 Paseo De La Playa $8,000,000 $2,320.19 5/3,0,1,0 3448/A 2013/SEE

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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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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