It was another great month in Redondo Beach both in terms of the number of homes that closed escrow as well as the prices.  November 2021 saw an impressive 77 on market home, condo and townhome sales closing during the month.  The average “list” price of the homes that closed escrow during the month was $1,441,772 with the average “sold” price at $1,407,759 meaning that homes generally sold lower than the asking price.  This was the first month in which sold prices were lower than list prices in quite a while.  Homes averaged 30 days on the market before going into escrow with a median DOM of only 9 days.  Average price per foot was $811.

Of the homes that sold 3 were in The Village, 1 in Seascape 1 and 2 were in the beachfront buildings of the Esplande.