SOLD – Over Asking ???

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Sold – Over Asking??? – Yes, it’s back to multiple offers again here.  I opened up my “hot sheet” in the MLS today.  The Hot Sheet is a “status update since the last time I checked – which was this morning by the way’ of my selected areas of interest – which would include pretty much everything in the South Bay from El Segundo down through Manhattan Beach, Hermosa Beach, Redondo Beach, Torrance, and ends at Palos Verdes (including all of  PV – Rolling Hills Estates, Palos Verdes Estates, Rancho Palos Verdes, and Rolling Hills.) 

So, I hit my “Hot Sheet” button tonight to see if there are any new properties listed, what’s gone into escrow and what has just SOLD since the last time I hit the button.  This is something I do several times a day usually by the way.  Well, tonight I run the Hot Sheet and it’s just overwhelming to me that I see 4 of the SOLD properties that have all sold “over asking price,” which to me means there were multiple offers. 

Here are the 4 properties – and they are in all price categories by the way.  Click here to see them.

1) 331 11th Street in Hermosa Beach – list price was $899K and SOLD price was $900K.  11 days on the market – 2 bedroom, 2 bathroom 2001 townhouse in the “Sand Section” of Hermosa Beach with ocean views.

2) 707 S. Juanita in South Redondo Beach – list price was$749K and SOLd price was $759K.  – cute little 3 bedroom, 1 bathroom single family residence that over a matter of one month started at $799K and then they reduced the price to $749K and then ended up selling it over asking.  The magic of the “right price” even done a little bit late!

3) 2100 Via Acalones, Montemalaga section of Palos Verdes Estates – list price was $2,195,000 and SOLD price was a whopping $2,280,000 – even in this price range we see homes selling OVER asking! – 4 bedroom, 2 1/2 bath on a huge 28,000+ sized ocean view lot!

4) 4515 Deelane, West Torrance – list price was$639,000 SOLD for $645,000!  3 bedroom, 1 bathroom remodeled charmingly – perfect starter home that clearly many wanted to get started in!