Tag: hollywood riviera homes for sale
Where Has All the Housing in the Hollywood Riviera Gone?
When people ask me how the market is these days I certainly tell them it’s good….just not necessarily if you’re a buyer. Real estate, like just about any other market, is a matter of supply and demand. There’s no question that the demand is there, but it is a big question why the supply is so low. Take a look at the chart below to see just how few homes are actively for sale in the Hollywood Riviera (light green bar) while the number of sold homes and pending sales bounce back and forth but overall have remained pretty steady.
The chart above shows the number of active listings, homes in escrow and sold homes for each month in the Hollywood Riviera.
The chart above shows the average price per foot of homes in the area. While this can be a helpful statistic it’s not always as relevant in an area such as the Hollywood Riviera in which homes can differ so greatly in terms of upgrades, views, age, etc.
The chart above shows the average days on market as well as the % of how close homes are selling to their original list price.
The chart above shows the average list prices of the homes as well as the average selling prices of the homes.
The chart above shows the months of inventory on the market or how long it would take to sell all of the homes. The higher the number the more of a buyers market it tends to be.
Hollywood Riviera Home Spotlight – 124 Via Monte Doro
124 Via Monte Doro, Redondo Beach
The Hollywood Rivera is one of our favorite neighborhoods and part of the reason is that, due to the hillside overlay restrictions, it’s not overbuilt. Homes are generally still have the beach bungalow vibe and don’t overwhelm the lots. Although most of the homes are fairly similar (development is starting to become more prevalent) there are occasionally some very special hoomes to hit the market.
124 Via Monte Doro is one of those special homes. The home was built in 1928 by Clifford Reid who was the developer and visionary behind the Hollywood Riviera. He envisioned a neighborhood with a French Riviera look and feel and it’s now what’s known as the Hollywood Riviera.
124 Via Monte Doro offers 6 bedrooms, 7 baths, 6,756 square feet of living space on three lots totalling almost 22,765 sq ft.
124 Via Monte Doro
Keith Kyle is a top producing realtor in the Hollywood Riviera with Vista Sotheby’s International Realty. Contact Keith for all of your real estate needs
August 2019 Home Sales in the Hollywood Riviera
Real estate in the Hollywood Riviera saw another solid month in August 2019 with 14 home sales….all of which were single family homes. The average listing price for the month was $1,538,000 with the average sales price of $1,517,000 showing a slight slow down in the ongoing sellers market. The lowest priced sale of the month was $839,000 for niced sized 3 bedroom home right on PCH and the high sale of the mnth was $2,660,000 for a 3,370 sq foot beautifully remodeled home with great ocean views located at 103 Via Mesa Grande.
See also the current homes for sale in the Hollywood Riviera.
August 2019 Home Sales and Home Prices in the Hollywood Riviera
MLS | Address | Price | $ Per Foot | Bed/Bath | Sq Feet | Year | Close Date | |
SB19138196 | 4814 | Pacific Coast Highway | $834,900 | $521.81 | 3/1,1,0,0 | 1600/P | 1953/ASR | 8/28/2019 |
SB19168350 | 3850 | Bluff ST | $892,000 | $541.26 | 4/2,0,0,0 | 1648/A | 1962/ASR | 8/27/2019 |
PV19057143 | 4721 | Greenmeadows AVE | $949,000 | $783.00 | 3/1,0,1,0 | 1212/A | 1953/ASR | 8/13/2019 |
PV19123834 | 23327 | Susana AVE | $1,093,000 | $589.54 | 4/1,1,0,0 | 1854/A | 1954/PUB | 8/29/2019 |
PV19092871 | 263 | Calle De Madrid | $1,385,000 | $709.89 | 3/2,0,0,0 | 1951/A | 1948/ASR | 8/7/2019 |
SB19127570 | 127 | Via Alameda | $1,400,000 | $655.74 | 4/3,0,0,0 | 2135/A | 1954/ASR | 8/1/2019 |
SB19100911 | 601 | Camino De Encanto | $1,500,000 | $932.26 | 3/2,0,0,0 | 1609/A | 1955/ASR | 8/20/2019 |
SB19160334 | 318 | Via San Sebastian | $1,500,000 | $1,061.57 | 3/1,1,0,0 | 1413/A | 1954/ASR | 8/30/2019 |
PV19029926 | 5318 | Calle De Arboles | $1,580,000 | $483.92 | 5/2,1,0,0 | 3265/O | 1955/ASR | 8/27/2019 |
SB19163317 | 4230 | Mesa ST | $1,608,500 | $678.98 | 3/3,0,0,0 | 2369/A | 1974/ASR | 8/22/2019 |
OC19169208 | 150 | Via Monte Doro | $1,730,000 | $702.97 | 4/3,0,0,0 | 2461/P | 1954/PUB | 8/22/2019 |
PV19093307 | 5607 | Via Del Collado | $1,950,000 | $942.48 | 3/2,0,0,0 | 2069/A | 1956/ASR | 8/20/2019 |
SB18241497 | 817 | Calle Miramar | $2,160,000 | $897.76 | 4/3,0,1,0 | 2406/T | 1954/ASR | 8/15/2019 |
SB19014103 | 103 | Via Mesa Grande | $2,660,000 | $789.32 | 3/1,2,1,0 | 3370/A | 2014/ASR | 8/28/2019 |