Welcome to the Redondo Beach real estate market recap for November.
There were 43 home, townhome and condo sales compared with 55 in October.
The average asking price was $1,720,067 with the average sold price at $1,692,279 which was a slight drop from $1,705,178 in October but well abve $1,506,876 in September.
The average price per square foot for November sales was an impressive $904. Days on market, or DOM was a fairly lengthy 66 before going into escrow.
Of the homes that sold 22 were in north Redondo Beach in the 90278 zip with an average price of $1,529,532.
15 were in south Redondo Beach or 90277 at an average price of $1,774,067. The remainder were home sales in the Hollywood Riviera with a Redondo Beach zip but actually in the city of Torrance.
The top sale was a new construction townhome just steps to the beach that closed at $3,700,000 located at 107 Avenue G in South Redondo.