hollywood riviera real estate market

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Oceanfront homes on Paseo De La Playa in the Hollywood Riviera

Slow Going In August – 3 Homes Sold in the Hollywood Riviera

August 2024 Real Estate Market in the Hollywood Riviera

3 Homes Sell at $1,759,243 average

July picked up the pace just a bit from with 9 closed escrows compared with 6 in June and only 4 homes selling in May.  

The average “list” price was $1,749,333 and the average sold price was $1,759,243 which was a slight drop from $1,771,017 in July and a big drop from the extremely high June average sold price of $2,685,250.  

The average price per foot was $1,019 which is pretty much on track.

The average days on market for the homes that sold was a brief 25 days.

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

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Vista Bahia condos in the Hollywood Riviera

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August 2024 Hollywood Riviera Home Sales and Prices

 

Home Type AddressPriceBeds/BathsSq feetYear built
SFR/D412Paseo De Las Estrellas$1,852,7303/0,2,0,01464/A1953/ASR
TWNHS/A362Palos Verdes BLVD #2$2,000,0003/2,0,1,02522/A1976/ASR
SFR/D4420Newton ST$1,425,0003/3,0,0,01424/A1954/ASR

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.

in 90277 homes for sale, Hollywood Riviera, Hollywood Riviera homes for sale, Hollywood riviera houses for sale, Hollywood Riviera real estate, Hollywood Riviera realtors, Home prices in the Hollywood Riviera, Homes for Sale, Real Estate, Redondo Beach, Redondo Beach homes for sale, Redondo Beach real estate Posted by keith kyle
3306 Highland Hermosa Beach CA

May a Slow Month for Home Sales in the Hollywood Riviera

May 2024 Real Estate Market Report for the Hollywood Riviera

4 Homes Sell at $2,323,000 average

May was a pretty slow month with only 4 on market home sales in the Hollywood Riviera.  Compare that with an impressive April that saw  12 homes sell.     There were 7 sales in March,  5 sales in February and a paltry 3 in January.

Home prices continued to impress

The average “list” price was $2,348,000 and the average sold price was $2,323,000  which was a jump from  $2,087,417 in April.  

The average price per foot was a very impresive $1083.

The days on market for the homes that sold was a brief 17.

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

Luxury interiors in the homes of the Hollywood Riviera
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May 2024 Hollywood Riviera Home Sales and Prices

Home Type Address Price Bed/Bath Sq Feet Year
TWNHS/A 474 Palos Verdes Blvd. $1,471,000 3/2,0,1,0 1789/A 1974/ASR
SFR/D 410 Via Malaga $2,650,000 4/1,1,0,0 1992/A 1954/ASR
SFR/D 820 Calle De Arboles $3,300,000 4/2,2,1,0 3376/A 2018/SEE
SFR/D 5407 Calle De Arboles $1,871,000 3/2,0,0,0 1553/A 1955/ASR

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.

in 90277 homes for sale, Hollywood Riviera, Hollywood Riviera homes for sale, Hollywood riviera houses for sale, Hollywood Riviera real estate, Hollywood Riviera realtors, Home prices in the Hollywood Riviera, Homes for Sale Posted by keith kyle
Cote D' Azur condos pool and community clubhouse

12 Homes Sell in the Hollywood Riviera in April

April 2024 Real Estate Market Report for the Hollywood Riviera

12 Homes Sell at $2,087,417 average

The number of homes sold continued to trend upward as we head further into 2024 with 12 homes closing escrow during April.  That was a nice increase from the 7 sales in March,  5 sales in February and a paltry 3 in January.

Home prices continued to impress

The average “list” price was $2,057,833 and the average sold price was $2,087,417 which was down a bit from the March average of $2,184,171 but up from both January and February.

The average price per foot was a very impresive $1,022.

The days on market for the homes that sold was a brief 26.

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

Cote D' Azur condos pool and community clubhouse
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April 2024 Hollywood Riviera Home Sales and Prices

Type Address Price Bed/Bath Sq Ft Year
TWNHS/A 6160 S Pacific Coast Highway $1,050,000 2/2,0,1,0 1080/A 2019/PUB
TWNHS/A 443 Camino De Las Colinas $1,430,000 3/2,0,1,0 1566/A 1978/ASR
SFR/D 204 Via Colusa $1,477,000 2/1,0,0,0 1365/A 1948/ASR
TWNHS/A 426 Palos Verdes BLVD $1,599,000 3/2,0,1,0 1868/A 1978/ASR
TWNHS/A 404 Palos Verdes BLVD $1,679,000 3/0,2,1,0 1884/A 1978/ASR
SFR/D 122 Via Buena Ventura $2,000,000 3/2,0,0,0 1912/A 1949/ASR
SFR/D 613 Camino De Encanto $2,600,000 3/1,1,0,0 1389/A 1955/ASR
SFR/D 406 Calle De Arboles $3,175,000 4/2,0,2,0 2863/T 2016/SLR
SFR/D 153 Via Monte Doro $3,395,000 4/1,1,1,0 2290/D 1953/ASR
SFR/D 4317 Paseo De Las Tortugas $2,080,000 4/4,0,0,0 4369/A 1956/ASR
SFR/D 4725 Paseo De Las Tortugas $2,165,000 4/3,0,0,0 2650/A 1956/ASR
SFR/D 4403 Vista Largo $2,399,000 4/3,0,0,0 3183/A 1963/ASR

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.

in Hollywood Riviera, Hollywood Riviera homes for sale, Hollywood riviera houses for sale, Hollywood Riviera real estate, Hollywood Riviera realtors, Home prices in the Hollywood Riviera, Homes for Sale, Real Estate Posted by keith kyle
Homes in the Hollywood Riviera

What’s Happening in the Hollywood Riviera Real Estate Market

Let's take a look at the current real estate market conditions

Whether you’re a home buyer or selling your home in the Hollywood Riviera, keeping up with the real estate market trends and statistics can be a great way to make an educated decision.  Below is a series of charts showing what the real estate market in the Hollywood Riviera is doing each month.

Take a look below to see the number of active listings, pending home sales, closed sales, average home prices, months of inventory and more.  

We hope that this will give you some good insight into where the market has been and where the real estate market is going.

Click here to see the current active listings
Oceanfront homes on Paseo De La Playa in the Hollywood Riviera

The number of homes for sale, in escrow, and sold

The chart below shows how many homes are for sale, in escrow and have sold each month. The market has remained pretty consistent with about 7 homes selling a month on average. Other than the first month or two in both 2023 and 2024, when the market is historically the slowest, conditions have remained pretty consistent.

Average price per foot of sold homes in the Hollywood Riviera 

The chart below shows the average $ per square feet of the homes that have sold each month in the Hollywood Riviera. We don’t love this metric for the neighborhood as homes are very different ranging from big ocean views to very original condition bungalows so one huge sale of an oceanfront property can make a big difference (see 8/23) When taken over time it’s a good indicator, however, of where prices are going. Overall average price per foot has remained fairly steady for the past year.

Average days on market as well as the % of how close homes are selling to their original list price.

The chart below shows 2 things. The orange bar graph shows the average days on market for the homes that have sold. As there are certain months with few home sales this number can be skewed but the very low number of the past 6 months indicates a very strong sellers market. The second metric is the sale price percentage in relation to the list price. This charg shows that in general homes have been selling quickly and for full price and for the past few months has been trending up and homes are often selling over the list price.

Median home prices, average sales price and average sold price

Months of inventory on the market or how long it would take to sell all of the homes. 

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in 90277 homes for sale, Hollywood Riviera, Hollywood Riviera homes for sale, Hollywood riviera houses for sale, Hollywood Riviera real estate, Hollywood Riviera realtors, Home prices in the Hollywood Riviera, Homes for Sale, Real Estate, Redondo Beach homes for sale, Redondo Beach real estate, Redondo Beach realtor Keith Kyle, South Redondo Beach homes, South Redondo beach real estate Posted by keith kyle
Village Palos Verdes townhomes

See the 9 Home Sales in the Hollywood Riviera in October

October 2023 Hollywood Riviera Home Sales and Prices

9 closed sales at $1,959,556 average price

While October was once again a great month for home sales in the Hollywood Riviera, it was a bit more back to normal from the two previous months.  In both August and September there were huge sales of oceanfront homes on Paseo De La Playa which really skewed the numbers.

The median “list” price was $1,961,249 with the average sold price at $1,959,556 meaning that the homes that sold were a bit below the list price.

The median price per foot was $1007 and median days on market was 44 which was a return to normal from a borderline ridiculous average 15 days on Market in September.

The top sale of the month was a extensively remodeled ocean view home at 532 Paseo De La Playa which closed at $4,750,000 (not on the oceanside so this was a BIG number) and the lowest priced home was a 2 bedroom condo in Cote D’ Azur which closed at $1,017,000.

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

532 Paseo De La Playa Redondo Beach
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October 2023 Hollywood Riviera Home Sales and Prices

Type Address Price $ Per Foot Bed/Bath Sq Feet Age
CONDO/A 635 Paseo De La Playa #105 $1,017,000 $775 2/2,0,0,0 1312/A 1962/ASR
TWNHS/A 127 Calle Mayor $1,139,000 $849 2/1,1,1,0 1342/A 1974/ASR
SFR/D 204 Via Colusa $1,350,000 $989 2/1,0,0,0 1365/A 1948/ASR
SFR/D 257 Vista Del Parque $1,709,000 $1,315 3/1,1,0,0 1300/O 1949/ASR
SFR/D 142 Paseo De Gracia $1,723,000 $990 3/2,0,1,0 1741/A 1948/PUB
SFR/D 360 Calle Mayor $2,050,000 $895 3/2,0,0,0 2290/A 1957/ASR
SFR/D 532 Paseo De La Playa $4,750,000 $1,402 4/3,0,1,0 3389/B 1955/ASR
SFR/D 5600 Calle De Ricardo $1,825,000 $1,198 3/2,0,0,0 1523/A 1955/ASR
SFR/D 24900 Via Valmonte $2,073,000 $657 3/2,0,1,0 3157/T 1979/ASR

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.

in 90277 homes for sale, Cote D' Azur Villas, Hollywood Riviera, Hollywood Riviera homes for sale, Hollywood riviera houses for sale, Hollywood Riviera real estate, Homes for Sale, Keith Kyle, paseo de la playa, Paseo De La Playa, Redondo Beach homes for sale, Redondo Beach realtor Keith Kyle, South Redondo Beach homes, South Redondo beach real estate, Vista Sotheby's International Posted by keith kyle
Coastline in the Hollywood Riviera

8 August Home Sales in the Hollywood Riviera At $2.6M Avg

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.

in 90277 homes for sale, Hollywood Riviera, Hollywood Riviera homes for sale, Hollywood riviera houses for sale, Hollywood Riviera real estate, Hollywood Riviera realtors, Home prices in the Hollywood Riviera, Homes for Sale, oceanfront homes, oceanfront homes for sale, paseo de la playa, Paseo De La Playa, Redondo Beach, Redondo Beach homes for sale, Redondo Beach real estate, Redondo Beach realtor Keith Kyle Posted by keith kyle

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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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