September A Big Month for Home Sales in the Hollywood Riviera
September 2023 Hollywood Riviera Home Sales and Prices
7 closed sales at $2,596,725 average price
For the 2nd month in a row the big story was a HUGE sale of an oceanfront property on Paseo De La Playa. Last month it was a big sale at 511 Paseo De La Playa at $8,000,000 and this month it was a top sale of $17,500,000. Here’s a quick rundown of the numbers and the market:
The median “list” price was $1,599,000 with the average sold price at $1,630,000 so homes continue to sell above the listing price in most cases. We normally talk about the average prices but the sale at 417 Paseo De La Playa skewed the numbers dramatically. So much for interest rates slowing the market.
The median price per foot was $1,092 and median days on market was a borderline ridiculous 15 days before going into escrow.
September 2023 Hollywood Riviera Home Sales and Prices
| Prop Type | Address | Price | Bed/Bath | Sq Feet | Age | |
| TWNHS/A | 420 | Palos Verdes BLVD | $1,350,000 | 3/2,0,1,0 | 1600/A | 1978/ASR |
| SFR/D | 436 | Via Mesa Grande | $1,600,000 | 3/1,1,0,0 | 1364/A | 1954/ASR |
| SFR/D | 414 | Paseo De La Playa | $3,075,607 | 3/2,0,0,0 | 1529/A | 1955/PUB |
| SFR/D | 123 | Calle De Andalucia | $3,650,000 | 5/3,1,0,0 | 3342/A | 2021/SEE |
| SFR | 417 | Paseo De La Playa | $17,500,000 | 10/10,0,5,0 | 15728/A | 2005/ASR |
| SFR/D | 4503 | Vista Largo | $1,620,000 | 4/2,0,0,0 | 1936/OTH | 1958/ASR |
| SFR/D | 4522 | Paseo De Las Tortugas | $1,630,000 | 3/1,1,0,0 | 1818/A | 1956/ASR |
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