Update on New Construction Townhomes in North Redondo Beach

***Please note this post is from 2018.  Click here to see the current new construction homes for sale in Redondo Beach.

New construction townhomes just seem to keep rising dramatically with homes seeming to go up about $100K a year for new construction, detached two on a lot townhomes.

Click here to see the current new construction townhomes for sale in Redondo Beach

Detached townhomes in North Redondo Beach built in 2017 and 2018.

Status Address Close Price – List Price Price per foot Bed/Bath Sq Feet Year Date Sold
A 1912 Huntington LN #B $1,409,000 $548.25 4/3,0,1,0 2570/A 2017/ASR 10/11/2017
A 1729 Harriman LN #A $1,509,000 $591.53 4/3,0,1,0 2551/B 2018/BLD 1/24/2018
U 2227 Dufour AV #A $1,409,000 $539.43 4/3,0,1,0 2612/A 2018/BLD 12/27/2017
U 1729 HARRIMAN LN #B $1,509,000 $590.14 4/3,0,1,0 2557/B 2018/BLD 2/5/2018
S 2108 Gates AV $1,350,000 $562.50 4/2,1,1,0 2400/E 2017/EST 9/28/2017
S 1918 Dufour AV $1,480,000 – $1,489,000 $532.95 4/3,0,1,0 2777/A 2017/BLD 7/21/2017
S 3307 Green LN $1,480,000 – $1,499,000 $522.78 4/3,0,1,0 2831/A 2017/BLD 9/5/2017
S 1812 Belmont LN #B $1,315,000 $536.73 4/2,1,1,0 2450/E 2017/BLD 2/24/2017
S 2003 Speyer LN #A $1,320,000 – $1,330,000 $539.66 4/3,0,1,0 2446/A 2017/ASR 5/10/2017
S 1812 Belmont LN #A $1,325,000 $540.82 4/2,1,1,0 2450/E 2017/BLD 3/17/2017
S 2018 Speyer LN #A $1,330,000 – $1,349,000 $532.00 4/3,0,1,0 2500/B 2017/BLD 4/12/2017
S 2018 Speyer LN #B $1,339,000 – $1,349,000 $535.60 4/3,0,1,0 2500/B 2017/BLD 5/12/2017
S 2003 Speyer LN #B $1,360,000 – $1,379,000 $545.09 4/3,0,1,0 2495/A 2017/ASR 7/7/2017
S 2207 Harriman LN #A $1,380,000 – $1,399,000 $540.96 3/3,0,1,0 2551/A 2017/BLD 9/26/2017
S 2315 Clark LN #B $1,399,000 $559.60 4/3,0,1,0 2500/E 2017/BLD 10/18/2017
S 2315 Clark LN #A $1,399,000 $559.60 4/3,0,1,0 2500/E 2017/BLD 10/4/2017
S 2106 Graham AV #A $1,399,000 $542.25 4/3,0,1,0 2580/B 2017/BLD 8/15/2017
S 2106 Graham AV #B $1,399,000 $542.25 4/3,0,1,0 2580/B 2017/BLD 7/18/2017
S 1814 Marshallfield LN #B $1,400,000 – $1,399,000 $542.64 4/3,0,1,0 2580/B 2017/BLD 8/15/2017
S 1814 Marshallfield LN #A $1,400,000 – $1,399,000 $542.64 4/3,0,1,0 2580/B 2017/BLD 8/4/2017
S 1912 Huntington LN #A $1,400,000 $538.46 4/3,0,1,0 2600/A 2017/ASR 11/16/2017
S 2207 Harriman LN #B $1,400,000 – $1,409,000 $538.05 3/3,0,1,0 2602/A 2017/ASR 9/27/2017
1907 Ernest #A Redondo Beach

Is $1.5M for New Construction Townhomes in North Redondo the New Normal?

Prices for new construction townhomes in North Redondo Beach 90278 continue to rise

**Please note that this post is several years old and townhomes are far more expensive now then when the article was written** Something none of us thought possible seems to be happening in North Redondo. We were amazed when prices of new construction two on a lot detached townhomes reached topped $1,000,000 in 2014, again  when they hit $1.2M mark in 2015….we were again surprised when it started topping $1.3M…and here we are in 2018 with a new construction townhome listed and priced over $1.5M!  1729 Harriman #A offers 4 bedroom and 2551 square feet which is pretty standard.  The rear unit was listed at the same number and is actually in escrow so we may just be heading to a $1.5M+ market.  Unbelievable.  Contact us for more information. While most new construction townhomes in North Redondo Beach have been pricing in the mid $1.3M to $1.4M these new homes on Harriman just may set the new standard.  It seems unlikely but we’ve said that before.  Only time will tell.  
New construction townhomes

Is $1,250,000+ The New Normal for Detached New Construction Townhomes?

By Keith Kyle

There’s no doubt that this market continues to amaze.  What would have been considered unheard of a year ago is now becoming standard. Nowhere is this more clear than in new construction detached townhomes in North Redondo Beach.  See our real estate explained…two on a lot detached townhome in Redondo Beach to better understand this unique townhome style.  It wasn’t all that long ago that we were fairly surprised by these homes topping the $1,000,000 but those purchases are now looking like steals.  We kept the chart below limited to only new construction in area 151 (of North Redondo Beach) with similar square footage so this was an apples to apples comparison and the price increases are fairly amazing.  2014 priced just under $1,000,000 with 2015 prices starting near $1,060,000 and reaching $1,250,000.  Currently the only 2o16 built home (with around 2500 feet) just hit the market at a whopping $1,399,000.  While we can’t imagine they’ll get anywhere near that, it will be a great indicator as to just what these homes will sell at in 2016.

Almost No New Construction Homes in Redondo Beach

**Please note that this post was writtin in 2012**When the housing bubble burst, new construction homes became almost non-existent with builders barely able to complete and sell the homes that they had in mid construction.  With the market picking up considerably in 2012 builders once again starting building and there have been a number of projects in Redondo Beach.  Although dramatically down from the peak days of 2006, there has been a fairly consitent level of new contruction inventory, but with the current market in which there are ample buyers and few sellers, that supply has become a trickle.   New construction homes for sale  in Redondo Beach are almost non-existent with only 2 projects actively for sale on the North Redondo Beach MLS and another 2 active listings in South Redondo.  This may reflect more on the overall market and the dramatically reduced inventory as even uncompleted projects often seem to have eager buyers wanting to pet together an offer.

North Redondo New Construction 2012

ML# Status Type Address Area Type Price Br/Ba Sq Ft DOM/CDOM
V12118626 Active SFR/D 2620 Robinson ST 151 STD $ 1,179,000 5/4,0,0,0 2920 66/66
SB12132152 Active TWNHS/A 1921 Grant AV #B 152 STD $ 719,000 4/3,0,0,0 1800 33/33
V12123898 B TWNHS/D 1903 Plant AV 151 STD $ 869,000 4/3,0,1,0 2178 53/53
S12124000 B CONDO/D 1905 Plant AV #A 151 STD $ 869,000 4/2,0,1,0 2330 53/53
SB12132597 B CONDO/D 1905 Plant AV #B 151 STD $ 869,000 4/2,0,1,0 2330 32/32
S12115711 B CONDO/D 2110 Rindge LN 151 STD $ 889,000 4/3,0,0,0 2445 77/77
PV12133509 B SFR/D 2622 Robinson ST 151 STD $ 1,195,000 4/4,1,0,0 2920 30/162
SB12132552 B CONDO 1909 spreckels #B 152 STD $ 879,000 4/3,0,1,0 2459 32/32
PV12138309 B TWNHS/D 2011 Belmont LN #B 152 STD $ 889,000 4/3,0,1,0 2600 18/18
V12123906 P TWNHS/D 2906 Aviation PL 151 STD $ 929,000 4/3,0,1,0 2624 47/47
PV12138302 P TWNHS/D 2011 Belmont LN #A 152 STD $ 889,000 4/3,0,1,0 2600

 

Below is the most recent activity in South Redondo Beach

ML# S Type Address Area Type Price Br/Ba Sq ft DOM/CDOM
V12125660 A TWNHS/D 110 Helberta AV #B 155 STD $ 899,000 3/2,0,1,0 1879 48/48
S12122561 A SFR/A 126 Prospect AV 155 STD $ 1,299,000 5/4,0,1,0 4800 55/55
V12103870 B SFR/D 2321 Ralston LN 153 STD $ 1,339,900 4/3,0,0,0 3421 100/257
V12021579 B TWNHS/D 505 Lucia AV #B 155 STD $ 929,000 3/3,0,1,0 2224 284/284
V12094408 P TWNHS/D 110 Helberta AV #A 155 STD $ 899,000 3/2,0,1,0 2044 73/73
S12111092 P SFR/A 407 Pearl ST 156 STD $ 1,050,000 3/2,1,0,0 1956 62/62
SB12140370 P SFR/D 546 Helberta AV 156 STD $ 2,195,000 5/3,1,2,0 4077
S12111042 P TWNHS/A 311 Topaz 157 STD $ 1,379,000 5/2,2,0,0 3011 34/34
S12111059 P TWNHS/A 623 Elvira 157 STD $ 1,500,000 4/3,0,1,0 3505 0/0

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