Now That’s a Big Number – North Redondo Townhome Sells at $1,290,000

By Keith Kyle

We are used to seeing big sales prices and rapidly rising values but the recent sale at 1800 Pullman Lane set the bar even higher.  1800 Pullman is a beautiful detached townhome that feels much more like a single family home as it sits on a corner lot which allows for the “fronts” of the 2 townhomes to be on different streets.  In addition the townhome was very large at over 3200 feet, but almost $1.3M for a townhome in North Redondo is still pretty hard to believe.

Status: Closed Sale
ML#:   SB14221719 
APN:   4161004013 
Orig. List Price:   $1,398,000 
Price Per Sqft:   $401.49 
County:   Los Angeles 
Property Type:   Townhouse (D) 
Bedrooms:   5 
Bath(F,T,H,Q):  4,0,0,0 
Sqft (Src):   3,213 (Builder’s Data) 
Ac/LotSqft (Src):   0.172/7,500 (B)  
A/C: No 

See all of the recent home sales in Redondo Beach, CA

Wondering Why You Can’t Find that Dream Home in the South Bay?

It’s no secret that it’s a frustrating world out there for home buyers.  Oh how quickly things turned from a strong buyers market to a market clearly favoring sellers.  According to Redondo Beach Realtor Keith Kyle “There is incredibly low inventory everywhere and the high demand areas of the South Bay such as Manhattan Beach, Hermosa Beach and Redondo Beach have little to offer buyers at the moment”.  To make life even more frustrating for Beach Cities home buyers, is that the moment a well priced home comes on the market, the frenzy starts with buyers often going way over asking price, waiving the appraisal contingency and simply buying homes above current market value.  The chart below sums it up pretty clearly with the number of active homes for sale in the South Bay plummeting from over 1500 a year ago to just over 600 in December of 2012.  This is while the number of closed sales has remained steady.

To view the current homes for sale visit our South Bay MLS search, or click our recent home sale page to see the most recent home sales in the South Bay cities of Manhattan, Hermosa, Redondo Beach, Torrance, El Segundo and surrounding areas.

September 2012 Closed Home Sales and Home Prices

Click on any South Bay city to view the sold homes in September 2012.  September was a strong month in terms of both the number of home sales as well as prices.  Combined median prices for the cities below reached their highest point since December of 2010, which was skewed by dramatically lower number of sales and number of home sales continued to be strong.  Monthly home sales were down a bit but the primary reason was the lack of inventory.

South Bay Communities and Real Estate Websites

Manhattan Beach homes
Hermosa Beach homes
south redondo
Rancho PV homes
Palos Verdes homes
North Redondo homes
Hollywood Riviera homes
Hollyglen homes
goldenhills
hawthorne homes
el camino village
torrance homes
Playa Del Rey
San Pedro homes
Gardena homes
Plaza Del Amo
Fusion townhomes
Three Sixty
manhattanvillage
Lomita homes
westchester homes
rolling hills estates
Rolling hills homes
oceanfront homes
Brookside Village
55+ senior condos
beachfront homes

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Vista Sotheby's International

Vista Sotheby’s International Realty is one of the top real estate brokerages in the South Bay and Southern California with offices in Redondo Beach and throughout the South Bay

ADDRESS:

1801 S Catalina Ave, Redondo Beach, CA 90277

Phone:

310.251.2344

E-mail:

keith.kyle@vistasir.com

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keith kyle

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Welcome to Sotheby's International Realty representing buyers and sellers of fine South Bay and Southern California properties

Redondo Beach Real Estate & Homes. All rights reserved. Information deemed reliable but not guaranteed

Keith Kyle – Licensed Realtor – Vista Sothebys International Realty – DRE#01712785

The listing information set forth on this site is based upon information which we consider reliable, but because it has been supplied by third parties to our franchisees (who in turn supplied it to us), we cannot represent that it is accurate or complete, and it should not be relied upon as such. The offerings are subject to errors, omissions, changes, including price, or withdrawal without notice. All dimensions are approximate and have not been verified by the selling party and cannot be verified by Sotheby’s International Realty Affiliates LLC. It is recommended that you hire a professional in the business of determining dimensions, such as an appraiser, architect or civil engineer, to determine such information. Sotheby’s International Realty ® and the Sotheby’s International Realty Logo are service marks licensed to Sotheby’s International Realty Affiliates LLC and used with permission.