July 2014 Median Home Prices for Redondo and the South Bay

By Keith Kyle

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%
El Segundo 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%

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 Sales

Redondo Beach homes for sale

Perfection at the Beach – 1501 Magnolia Manhattan Beach

1501 Magnolia Manhattan Beach 90266

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.

East Manhattan Beach homes for sale

 

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

Welcome to Coastal luxury in the sand section of Manhattan Beach

Manhattan Beach’s “sand” section is famed for its prime location proximity to the beach, shops, restaurants, and bars with great ocean views and almost perfect weather.

This is one of the most highly sought after neighborhoods in all of Southern Caiifornia. 

One of the highlights of the neighborhood are the  “walkstreets” which are unique areas that provide a much safer atmosphere with an absence of noise and cars. El Porto, the most northern area of the sand section, offers the most affordable option due to the smaller average lot size, and the most sought after property is the impressive beachfront homes on “The Strand” that offer unblockable ocean views.

The drawbacks are the high price and limited space due to homes occupying almost every inch of lot. The lot sizes in the sand section are smaller than the other neighborhoods in Manhattan Beach and it’s one of the few areas that allows townhomes making it a bit more densly habited.

Manhattan Beach Strand homes for sale

Current Manhattan Beach Sand Section Homes for Sale

1501 Magnolia Ave in Manhattan Beach – Home for Sale Video Walkthrough

Come and join us for a video tour of our latest listing in beautiful Manhattan Beach.  1501 Magnolia is a fantastic single level home that has been inspired by life at the beach.  Welcome home to this perfect beach cottage for sale in the beautiful city of Manhattan Beach CA.   This single family home, just 2 blocks from Meadows Elementary School is as charming on the inside as it is from the outside.   This beautiful home was upgraded and expanded in 2010 and from the color choices to the materials used, was clearly inspired by the joys of coastal living.  For sale by Manhattan Beach realtor Keith Kyle, this home features 2 large bedrooms plus a spacious master suite, open kitchen perfect for entertaining, front and rear yards, back patio, hardwood floors throughout, 2 beautiful bathrooms and all of the coastal charm imaginable.


For more information on this wonderful home or any of my listings, please contact me.

Keith Kyle    Year End Top Producer since 2007, Realtor, e-Pro

Vista Sotheby’s International Realty – DRE#01712785
2501 N. Sepulveda Blvd. |  Manhattan Beach, CA 90266
(310) 251-2344  | (310) 546-7611 x366  Keith.Kyle@vistasir.com

 For real estate information, open houses, and FREE MLS access visit www.KeithKyleHomes.com

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Keith Kyle – Licensed Realtor – Vista Sothebys International Realty – DRE#01712785

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