When it comes time to purchasing your Redondo Beach home there are a lot of factors to take into consideration. Here are the top five factors home buyers in California say are the most important to them.
Vista Sotheby’s International Realty, one of the top real estate brokerages for Torrance, Redondo and the entire South Bay, just recently announced their top 25 agents for 2018 . Redondo Beach real estate specialist Keith Kyle was named as one of the highest producing realtors for the year. We are proud to, once again, be named to the list of top producing agents at Vista Sotheby’s International Realty. We wanted to thank all of our friends and clients for putting their trust in us and hope we can earn your trust as well.
Keith has been a full time licensed realtor since 2005 and has been recognized as a “top producer” at both South Bay Brokers and Vista Sotheby’s since 2007. See Keith Kyle’s bio and background information on our about your realtor page.
While the project was controversial within the community, the development known as One South in South Redondo Beach is nearing completion and the residential units are now pre-selling. Located at 1914 Pacific Coast Highway in Redondo Beach, the community consists of 52 residential units with retail below. The homes will consist of a mix of 1, 2 and 3 bedroom condos and townhomes ranging between 860 to 1,950 square feet with modern architecture, open floorplans and all of the bells and whistles buyers expect in new construction. Wtih close proximity to the Riviera Village shopping areas as well as the beach, the community offers a nice community feel in a pedestrian type setting.
One South Condos
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It’s no real secret that good schools help drive real estate values in certain neighborhoods and communities. Buyers with kids want to be in areas with good schools and that higher demand helps keep values up. Even those without kids greatly benefit from a strong school system. The stronger the schools the more insulated a market is from any downturns. That was very evident in Redondo Beach that saw home prices drop during the recession and housing crisis, but only a very small amount compared with other local areas that do not have as strong a school system.
A recent CAR study showed that 47% of home buyers said good schools were very importan, 23% said that they were somewhat important, 11% said not very important and 19% said that it was not important at all.
The 19% may not realize just how much of an influence schools play on values and demand. Good elementary schools are often part of a good community and without question most buyers would like to live in a good community.
The Redondo Beach Unified School District is highly ranked and that creates a very high demand, especially for families thinking of living in this coastal community.
The study also conclued that 43% of consumers age 34 or under believe highly rated schools are very important. 58% of consumers earning more than $100,000 a year think that highly rated schools are very important.
Welcome home to this luxury retreat and live the vacation lifestyle! This beautifully remodeled condo is the ideal beach retreat and the community offers multiple pools and spas, oceanview deck, bbq area and access to the neighboring resort style pool, state of the art fitness center and market/restaurant. Perfect for those looking to buy instead of rent, those looking for a second home just seconds from the beach, and those that travel often and are looking for the perfect place to come home after a trip and sit back and relax…..610 The Village #202 is an ideal fit. Located just east of King Harbor and the Redondo Pier, this beautiful and rare ocean view studio is central to everything in the South Bay. The home was recently upgrated with granite counters, new stainless appliances, recessed lights, crown molding, new sliders to the patio, new carpet and new paint. Bathed in natural light the home feels much larger than the typical studio and much larger than the square footage would indicate. Enjoy beach breezes and ocean views from the home or the private balcony or head out for a stroll on the pier or along the beach.
- Sold at full price: $460,000
- 410 foot studio with 1 full bath
- Ocean view
- Community ammenities included multiple pools and spas, market/restaurant, fitness center, bbq areas and decks
- Low HOA of $265 a month
October 2018 saw 70 homes sell and close escrow in Redondo Beach. The average list price was just over $1,112,066 with an average sold price of $1,112,556. When the sold price is higher than the average list price it indicates a very strong sellers market.
The median list price was $1,062,000 with the median sold price at $1,054,000. The average price per foot was $615.86. Click here to view the current homes for sale in South Redondo Beach or current North Redondo beach active listings. The highest sale of the month was at $2,949,000 for a 5 bedroom, 4700 square foot single family home in the Hollywood Riviera. The lowest price of the month was $400,000 for a 1 bedroom condo in the 55+ community of Breakwater Village.
October 2018 Sold Homes in Redondo Beach.