December 2017 Redondo Beach Home Sales – Median Price Tops $1.0M

The monthly sales are in for December and although it was a bit of a slower month in terms of the number of homes that sold, it was a very strong month for home prices in this coastal town.  Redondo Beach recorded 78 homes sold in December at a median price of $1,018,000.  While median prices have topped $1.0M in the past it’s still fairly rare.  Click here to see the current homes for sale in Redondo Beach or view our recent home sales in Redondo Beach.

City Homes Sold December 2017  Median December 2016  Median Year
over Year % Change%
Carson 47 $486,000 $451,000 7.8%
El Segundo 11 $966,000 $985,000 -2%
Gardena 65 $515,00 $465,000 10.8%
Harbor City 17 $572,000 $621,000 -7.9%
Hawthorne 30 $545,000 $555,000 -1.9%
Hermosa Beach 15 $2,003,000 $1,440,000 39.1%
Lawndale 12 $448,000 $510,000 -12.3%
Lomita 10 $595,000 $519,000 14.5%
Long Beach 284 $497,000 $465,000 6.9%
Manhattan Beach 36 $2,250,000 $1,790,000 25.7%
Marina Del Rey 31 $1,075,000 $841,000 27.9%
Palos Verdes Estates 27 $1,342,000 $1,599,000 -16.1%
Playa Del Rey 9 $612,000 $588,000 4.2%
Rancho Palos Verdes 58 $1,050,000 $1,170,000 -10.3%
Redondo Beach 78 $1,018,000 $987,000 3.1%
San Pedro 58 $485,000 $515,000 -5.8%
Torrance 111 $670,000 $650,000 3.1%
Westchester 38 $1,005,000 $985,000 2%

 

Vista Sotheby’s International Office Locations in the South Bay

Vista Sotheby’s International Manhattan Beach

Vista Sotheby's International Realty Manhattan Beach

2501 N Sepulveda Blvd
Manhattan  Beach, CA 90266
Office: +1310.546.7611

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Vista Sotheby’s International Realty Hermosa Beach

Vista Sotheby's International Realty Hermosa Beach

200 Pier Avenue
Suites 305 & 306
Hermosa Beach, CA 90254
Office: +1310.546.7611
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Vista Sotheby’s International Realty North Manhattan

Vista Sotheby's International Realty North Manhattan

3300 Highland Ave
Manhattan Beach, CA 90266
Office: +1310.546.7561

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Vista Sotheby’s International Realty Downtown Manhattan Beach

Vista Sotheby's International Realty

916 Manhattan Ave
Manhattan Beach, CA 90266
Office: +1310.546.7561

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Vista Sotheby’s International Hollywood Riviera

Vista Sotheby's International Realty Hollywood Riviera

1801 S Catalina
Redondo Beach, CA 90277
Office: +1310.5418271

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Vista Sotheby’s International Realty Palos Verdes Peninsula

Vista Sotheby's International Realty Palos Verdes

608 Silver Spur, Suite 103
Palos Verdes Peninsula, CA 90274
Office: +1310.541.8271

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Vista Sotheby’s International Realty Downtown Manhattan Beach

Vista Sotheby's International Realty downtown manhattan Beach

1144 Highland
Manhattan Beach, CA 90266
Office: +1310.546.7611

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Vista Sotheby’s International Realty Palos Verdes Estates

Vista Sotheby's International Realty downtown manhattan Beach

16 Malaga Cove Plaza
Palos Verdes Estates, CA 90274
Office: +1310.375.0583

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Explore the Neighborhoods, Cities and Communities Around Redondo Beach

Welcome to Redondo Beach, the Beach Cities and the South Bay. While Redondo Beach has something to offer everyone,
some of the neighboring cities offer a flavor and feel all their own. Click on any city below to be taken to a area specific website or page geared specifically for that community.

Big Gains In May 2015 Median Home Prices in the South Bay

By Keith Kyle

May was another huge month in terms of home prices in the South Bay with Hermosa Beach highest on the wow factor with a median price in May of $,1450,00, almost 32% higher than the year before.  Redondo Beach saw major gains as well with 106 homes selling in May with a median home price of over $844,000

City Homes Sold May 2015 Median May 2014 Median Year over Year % Change
Carson 45 $410,000 $376,500 8.9%
El Segundo 14 $803,500 $818,000 -0.8%
Gardena 35 $405,000 $400,000 1.3%
Harbor City 26 $415,000 $382,000 8.6%
Hawthorne 68 $525,00 $487,000 7.9%
Hermosa Beach 23 $1,450,000 $1,102,000 31.6%
Lawndale 12 $431,000 $417,500 3.2%
Lomita 11 $509,000 $575,000 3.5%
Long Beach 362 $433,000 $399,000 8.5%
Manhattan Beach 38 $2,238,750 $2,005,000 11.7%
Marina Del Rey 26 $917,000 $900,000 1.9%
Palos Verdes Estates 37 $1,515,000 $1,430,000 5.9%
Playa Del Rey 24 $615,000 $711,000 -135%
Rancho Palos Verdes 56 $1,100,000 $990,000 11.1%
Redondo Beach 106 $844,500 $722,000 17%
San Pedro 67 $449,250 $425,000 5.7%
Torrance 148 $579,000 $560,000 3.4%
 Westchester 26 $900,000 $797,000 12.9%

Redondo Beach September 2014 Home Prices

The real estate market continued to show strong numbers in Redondo Beach CA with 88 home sales and a median home price of $785,000.  Housing inventory remained low and demand continued to be strong in Redondo.

City Homes
Sold
September
2014 Median
September
2013 Median
Year
over Year % Change
Carson 38 $363,000 $360,000 0.83%
El Segundo 9 $526,250 $730,000 -27.91%
Gardena 34 $365,000 $352,500 3.55%
Harbor City 13 $465,000 $375,000 24.00%
Hawthorne 35 $495,000 $473,500 4.54%
Hermosa Beach 17 $1,020,000 $1,032,500 -1.21%
Lawndale $400,000 $432,500 -7.51%
Lomita 8 $522,750 $430,000 21.57%
Long Beach 314 $420,000 $388,500 8.11%
Manhattan Beach 32 $1,950,000 $1,675,000 16.42%
Marina Del Rey 31 $797,000 $848,000 <-6.01%
Palos Verdes Estates 34 $1,575,000 $1,306,000 20.60%
Playa Del Rey 24 $534,050 $467,000 14.36%
Rancho Palos Verdes 51 $1,038,000 $1,053,000 -1.42%
Redondo Beach 88 $785,000 $750,000 4.67%
San Pedro 56 $448,250 $430,000 4.24%
Torrance 117 $530,000 $525,000 0.95%
Westchester 34 $869,000 $724,000 20.03%

July 2014 Median Home Prices for Redondo and the South Bay

By Keith KyleHollywood Riviera homes

July 2014 saw some big numbers in terms of both number of homes sold as well as median prices.  Redondo Beach had 97 sold homes at a median price of just under $1,000,000 which is a pretty significant number for this coastal community.  Most other South Bay cities also saw some significant year over year increases in prices with the exceptions being Torrance, Marina Del Rey and Playa Del Rey.  To see the actual homes sales in each city visit our recent home sales price and information site.

City Homes Sold July 2014 Median July 2013 Median Year over Year % Change
Carson 48 $382,500 $350,000 9.29%
ElSegundo 15 $872,000 $797,000 9.41%
Gardena 50 $385,000 $332,500 15.79%
HarborCity 13 $480,000 $465,000 3.23%
Hawthorne 51 $505,000 $400,000 26.25%
Hermosa Beach 26 $1,230,000 $1,097,500 12.07%
Lawndale 8 $412,000 $331,250 24.38%
Lomita 13 $555,000 $452,000 22.79%
Long Beach 330 $400,000 $365,000 9.59%
Manhattan Beach 43 $1,795,000 $1,521,250 18.00%
Marina Del Rey 33 $757,500 $862,500 -12.17%
Palos Verdes Estates 51 $1,600,000 $1,291,000 23.93%
Playa Del Rey 23 $507,000 $512,000 -0.98%
RanchoPalos Verdes 54 $1,069,000 $1,100,000 -2.82%
Redondo Beach 97 $865,000 $758,000 14.12%
San Pedro 49 $440,000 $420,500 4.64%
Torrance 142 $540,000 $576,250 -6.29%
Westchester 48 $777,500 $715,000 8.74%

South Bay Surf Report

Interested in the surf?  Take a look below to see the current surf conditions in the El Porto area of Manhattan Beach.

 

February 2014 Home Sales in Redondo Beach and the South Bay

By Keith Kyle

With inventory remaining low throughout most of the South Bay, the volume of sales continued to be lower than normal, but certainly not due to a lack of demand. Prices continued to rise with multiple offers on many appropriately priced homes and days on market remaining very low. Click on any city below to see the homes sales and prices for February 2014

February 2014 Home Sales748-Manhattan-Beach

Perfection in Manhattan Beach

This home recently sold for over our list price.

If you’re searching for the quintessential beach cottage…. welcome home.  This warm and inviting Manhattan Beach single level home is as charming on the inside as it is from the outside and has been extensively upgraded and expanded and embraces the feeling of life at the beach.   From the moment you enter the  home you are surrounded by a design inspired by coastal living and the beach lifestyle.  Perfect for entertaining, the kitchen opens directly to the living, family and dining areas and offers direct access to the private patio and backyard.   Features include oak hardwood floors throughout, beautiful gas fireplace, remodeled kitchen with stainless steel appliances, custom cabinetry and granite counters, remodeled bathrooms, expanded bedrooms, beautiful front and rear yards, partially covered patio, 2 car garage and so much more.  The home was expanded in the last few years and the owners took great pride in making every space larger and more livable.  Both guest bedrooms are large and bright and the master suite enjoys a walk in closet, beautiful bath, recessed lights and direct access to the backyard patio.  All this and Meadows elementary just 2 blocks away.

What’s so great about the Manhattan Beach “sand” section anyway?

By Keith Kyle

The answer to the question, “what’s so great about the Manhattan Beach sand section anyway?” can be summed up with 3 words……Location,Manhattan Ave location, location. The “sand” section of Manhattan Beach gets it’s name from the proximity to the beach. The area stretches from Hermosa Beach to the edge of Manhattan known as El Porto. In this wonderful area you’re never far from the beach, often walking distance to shops, restaurants and bars, enjoy almost perfect weather, are treated to spectacular sunsets, and often have great ocean views. The biggest drawbacks to this area are the price and the limited space as land is at a premium and just about every inch of lot is taken up by homes. Gone are most of the beach bungalows that actually fit on the lot and most have been replaced by larger and larger homes as wide, deep and tall as they can possibly be. Some of the unique areas are the “walkstreets” in which the homes front a pedestrian only “street” which allows for less noise, no cars, and a much safer atmosphere and the lack of cars make views that much more impressive. El Porto, the most northern area of the sand section, is the most affordable as many of the typical 30×90 foot lots were split and the smaller lots equal smaller homes equal smaller price tags.  Without question the most sought after property in the sand section are the very rare and always impressive homes located beach front on “The Strand”  These homes offer the high end luxury buyer endless and unblockable ocean views.

Sand-Section       Strand-Balcony       1712-The-Strand-Manhattan-Beach

The sand section homes for sale, pending home sales an recent closed escrows.

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