Is $1.2M the New Normal for New Construction 2 on a Lot Redondo Townhomes?

By Keith KyleRedondo Beach townhomes

Two new Amir Amiri townhomes hit the market this week in North Redondo Beach at a fairly incredible $1,200,000 price tag.  It wasn’t long ago that we were fairly amazed to see these North Redondo Beach new construction detached townhomes near the $1.0M mark but that sounds like a bargain just 18 months later.  The most recent closed sales priced at $1.050M with the latest listings priced at $1.2M.  These two on a lot townhomes n both North and South Redondo have continually increased in value over the past 2 years and has created high demand from builders for larger lots with smaller or tear down type homes.

  1. 5 beds, 4 baths
    Home size: 2,629 sq ft
    Lot size: 8,250 sqft
    Year built: 2013
    Days on market: 19
  2. 4 beds, 3 baths
    Home size: 2,100 sq ft
    Year built: 2018
    Days on market: 22
  3. 4 beds, 4 baths
    Home size: 2,097 sq ft
    Lot size: 7,502 sqft
    Year built: 2018
    Days on market: 42
  4. 4 beds, 4 baths
    Home size: 2,570 sq ft
    Lot size: 7,499 sqft
    Year built: 2017
    Days on market: 108
  5. 4 beds, 4 baths
    Home size: 2,222 sq ft
    Lot size: 7,509 sqft
    Year built: 2018
    Days on market: 110

See all Current homes for sale in city of Redondo Beach.
(all data current as of 8/19/2018)

Listing information deemed reliable but not guaranteed. Read full disclaimer.