|Ellis Posner 3 on a lot listing Carnegie Lane|
As for everyone else, well there were 11 new listings, down a little from the last few weeks, 12 pendings and 14 homes closed escrow. There's no doubt that inventory is creeping up but so are the price points. I have one 3 on a lot listing in escrow that will sell for slightly more than $800K (pictured) and a 2 on a lot selling for over $1,000,000. In fact, one of the major surprises to me about recent sales is that we are now seeing consistent activity in million dollar plus homes in North Redondo Beach and those two thoughts were never in the same sentence previously.
|North Redondo Beach Luxury Home Sales $1M Plus|
Speaking of price escalation, the 3 on a lot that I sold for over $800K is a newer, larger, Casner Construction, 4 bedroom which is what brought the premium price. For my fellow Redondo Beach Realtors, here's an observation and thought. With the recent price escalation I have definitely seen more West Side and closer to home Manhattan Beach agents being active in our neighborhood. Hopefully Buyers and Sellers recognize that we are still the local experts.
Do I hear $1.5M in North Redondo Beach anyone?
|Redondo Beach High End Luxury Townhome for Sale - Listed by Ellis Posner|