February 2024 Real Estate Market Report
Slow Start to the year with only 3 homes selling in the Hollywood Riviera Last Month
After a reall slow start to the year with only 3 home sales in the Hollywood Riviera of the South Bay, February picked up a bit. There were 5 sales in February which was still slow, but certainly better.
That said the home prices continued to impress. The average “list” price was $2,034,600 and the average sold price was $2,040,300 which was a nice increase from $1,911,667 in January.
The average price per foot was $1,064 and average days on market was an astounding 4 before going into escrow. That was a bit misleading however, as 2 of the homes were not listed until after they had already gone into escrow. Both showed 0 days on market.
2 of the 4 homes were ocean view condos/townhome in the community of Village Palos Verdes.
February 2024 Hollywood Riviera Home Sales and Prices
| Property type | Address | Price | Beds/Baths | Sq Feet | Year Built | |
| TWNHS/A | 400 1/2 | Palos Verdes BLVD | $1,662,500 | 3/2,0,1,0 | 2026/T | 1978/ASR |
| TWNHS/A | 428 | 1/2 Palos Verdes BLVD | $1,699,000 | 3/2,0,1,0 | 1884/A | 1978/ASR |
| SFR/D | 217 | Via Los Miradores | $2,030,000 | 3/1,1,1,0 | 2240/A | 1955/ASR |
| SFR/D | 634 | Camino De Encanto | $2,250,000 | 3/2,0,1,0 | 1636/A | 1955/ASR |
| SFR/D | 315 | Via San Sebastian | $2,560,000 | 4/1,2,0,0 | 1945/P | 1954/PUB |
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.