Median Condo Prices Over the Years in The Village Redondo Beach

By
Real Estate Agent with Vista Sotheby's International 01712785

See How the Median Prices Have Changed Over the Years in The Village Redondo Beach

The one bedroom Village oceanview condos in Redondo Beach are a great indicator of the South Redondo real estate market over time as the units are all the same size and configuration. The ocean views make a big difference as well as the floor it's on, but in general the units are pretty similar. Therefore the changes in values year over year make for a good indication as to what the market has done and where it's headed.  As you can see from the charts below prices held relatively steady and really jumped in 2021 and early 2022.

Median one bedroom condo prices in The Village Redondo Beach:

  • 2022 - $760,000
  • 2021 - $692,500
  • 2020 - $615,000
  • 2019 - $623,000
  • 2018 - $640,000
  • 2017 - $615,000
  • 2016 - $552,500

View the current oceanview condos for sale in The Village Redondo Beach

2022

As of September 25th 2022, there have been 5 one bedroom condos sold at a median price of $760,000 and an average price of $739,900.  That averaged out to around $1,195 a square foot for the year.

  Address Sold Price $/ Sq Ft
650 The Village #114 $684,500 $1,105.82
630 The Village #112 $805,000 $1,300.48
620 The Village #105 $650,000 $1,050.08
620 The Village #212 $760,000 $1,227.79
620 The Village #312 $800,000 $1,292.41

2021

In 2021 8 one bedroom condos sold at a median price of $692,500 and an average price of $690,375.  That averaged out to around $1115 a square foot for the year.

  Address Sold Price $/Sq Foot
660 The Village #109 $675,000 $1,090.47
630 The Village #312 $700,000 $1,130.86
650 The Village #208 $685,000 $1,106.62
660 The Village #112 $629,000 $1,016.16
660 The Village #306 $705,000 $1,138.93
660 The Village #108 $637,000 $1,029.08
640 The Village #304 $752,000 $1,214.86
650 The Village #203 $740,000 $1,195.48

2020

In 2020 8 one bedroom condos sold at a median price of $615,000 and an average price of $617,688.  That averaged out to around $998 a square foot for the year.

  Address Sold Price $/Sq Foot
660 The Village #115 $575,000 $928.92
630 The Village #105 $585,000 $945.07
610 The Village #203 $595,000 $961.23
640 The Village #212 $600,000 $969.31
620 The Village #112 $630,000 $1,017.77
630 The Village #210 $649,500 $1,049.27
650 The Village #303 $652,000 $1,053.31
660 The Village #309 #309 $655,000 $1,058.16

2019

In 2019 9 one bedroom condos sold at a median price of $623,000 and an average price of $615,806.  That averaged out to around $995 a square foot for the year.

  Address Sold Price $/Sq Foot
620 The Village #107 $575,000 $928.92
640 The Village #105 $579,000 $935.38
620 The Village #115 $607,500 $981.42
610 The Village #305 $610,000 $985.46
630 The Village #110 $623,000 $1,006.46
660 The Village #107 #107 $624,000 $1,008.08
610 The Village #304 $633,750 $1,023.83
630 The Village #208 $640,000 $1,033.93
660 The Village #211 $650,000 $1,050.08

2018

2018 saw  9 one bedroom condos sold at a median price of $640,000 and an average price of $637,000.  That averaged out to around $1,029 a square foot for the year.

  Address Sold Price $/Sqft
650 The Village #211 $ 600,000 969
610 The Village #311 $ 645,000 1042
610 The Village #315 $ 630,000 1018
620 The Village #108 $ 610,000 985
650 The Village #108 $ 655,000 1058

2017

In 2017 8 one bedroom condos sold at a median price of $615,000 and an average price of $621,000.  That averaged out to around $993 a square foot for the year.

  Address Sold Price $/Sqft
650 The Village #214 $ 590,000 953
630 The Village #311 $ 615,000 994
620 The Village #107 $ 615,000 994
660 The Village #108 $ 594,000 960
630 The Village #211 $ 635,000 1026
610 The Village #311 $ 670,000 1082
650 The Village #212 $ 650,000 1050
630 The Village #210 $ 599,000 968

2016

In 2016 10 one bedroom condos sold at a median price of $552,550 and an average price of $557,800.  That averaged out to around $900 a square foot for the year.

  Address Sold Price $/Sqft
650 The Village #210 $ 545,000 880
630 The Village #207 $ 550,000 889
660 The Village #309 $ 600,500 970
650 The Village #104 $ 520,000 840
640 The Village #312 $ 590,000 953
630 The Village #109 $ 520,000 840
660 The Village #310 $ 570,000 921
620 The Village #206 $ 545,000 880
630 The Village #204 $ 555,000 897
630 The Village #115 $ 582,500 941

Comments (1)

Roy Kelley
Retired - Gaithersburg, MD

Families on the move will appreciate your local real estate reports.

Have a productive autumn.

Sep 25, 2022 10:58 AM
Keith Kyle

Thank you Roy.  All the best as well.

Sep 25, 2022 01:13 PM