Redondo Beach / Area 151: Home Sales August 2013

North Redondo Homes Sales August 2013

Seventeen homes sold in August 2013 in Area 151 in North Redondo. This is 2 less than the number of homes sold in July, and 4 homes less than sold one year ago in August 2012. In most cases, it has continued to be a sellers’ market although buyers still have the advantage of buying homes at prices below the peak of the bubble and at low interest rates.

New construction is still a good buy considering you can spend the same (and even more money, in some cases) and get a town home that is up to 7 years old. Most homes are still selling quickly… many within the first week. And this translates into offers coming in immediately followed by a couple of days of negotiations before an offer is accepted.

One of the sales that really surprised me is 2144 Perry Ave. It’s a single family that had an addition. It does have a lot of square footage, but there is only a one car garage and it’s lacking in the quality department. this one sold for $1,115,000. This surprised me and many of my colleagues, but it showed that buyers are still feeling that desperation to get in the market and ultimately willing to pay a premium.

Address Sq Ft. Lot Year B/B DOM Sold Price Original List Diff
2219 Curtis Ave, #C * 1,060 7,499 1975 2/2 7 $464,000 $499,000 -7%
1900 Voorhees Ave, #B * 1,471 1987 2/3 6 $553,000 $495,000 +12%
2512 Gates Ave, #B * 1,610 7,526 1999 4/3 48 $667,500 $663,999 +.5%
2811 Barkley Lane 1,064 5,872 1947 3/1 21 $669,000 $669,000
2225 Mathews Ave, #C * 1,718 14,687 2000 3/3 8 $700,000 $649,000 +8%
2223 Voorhees Ave, #B * 1,955 7,504 1981 3/3 8 $708,000 $700,000 +1%
2415 Thomas Ave 1,590 6,550 1945 4/2 49 $722,150 $724,900 -.4%
1918 Ruhland Ave, #B * 2,477 7,513 1987 3/3 0 $725,000 $725,000
1921 Nelson Ave, #A * 2,054 7,480 1990 4/3 56 $750,000 $775,000 -3%
2116 Plant Ave, #A * 2,050 6,655 1989 3/3 5 $817,500 $799,000 +2%
2205 Nelson Ave, #B * 2,387 7,495 1986 3/3 34 $820,000 $769,000 +6.5%
1913 Nelson Ave 2,180 1959 4/3 49 $828,000 $859,000 -3.5%
2003 Curtis Ave, #A * 2,085 7,501 1990 4/3 9 $830,000 $779,000 +6.5%
1914 Ernest Ave, #A * 2,300 7,500 2004 4/3 1 $910,000 $910,000
2109 Plant Ave, #B * 2,357 7,504 2006 4/3 11 $930,000 $929,000
2021 Gates Ave, #B * 2,508 7,481 2013 4/4 1 $959,000 $959,000
2204 Plant Ave, #A * 2,500 6,645 2007 4/3 6 $959,900 $959,900
2144 Perry Ave 3,134 7,509 1947 5/4 14 $1,115,000 $1,150,000 -3%

Leave a Reply

Your email address will not be published. Required fields are marked *