Redondo Beach Sees Year Over Year Home Price Increase for May of 2016
Redondo Beach, CA saw a year over year price increase in May with 96 homes sold this month at a median price of around $950,000 which was considerably up from $845,000 the prior May. Redondo Beach was the only one of the Beach Cities (Manhattan Beach, Hermosa Beach and Redondo Beach) to see gains over the prior year. The 96 home sales is a big number for Redondo and is a good indication that the market activity has picked up with more homes coming on the market. Click here to see the homes sold in Redondo Beach for May of 2016.
| City | HomesSold | May 2016 Median | May 2015 Median | Year over Year % Change% |
| Carson | 57 | $453,000 | $410,000 | 10.4% |
| El Segundo | 12 | $802,500 | $803,500 | -.1% |
| Gardena | 47 | $425,000 | $405,000 | 4.9% |
| Harbor City | 26 | $439,000 | $415,000 | 5.8% |
| Hawthorne | 39 | $485,000 | $525,000 | -7.7% |
| Hermosa Beach | 21 | $1,285,000 | $1,450,000 | -11.4% |
| Lawndale | 14 | $455,000 | $431,000 | 5.6% |
| Lomita | 15 | $488,000 | $509,000 | -4.1% |
| Long Beach | 349 | $485,000 | $433,000 | 11.9% |
| Manhattan Beach | 48 | $1,875,000 | $2,239,000 | -16.2% |
| Marina Del Rey | 31 | $925,000 | $918,000 | .8% |
| Palos Verdes Estates | 55 | $1,499,000 | $1,515,000 | -1.1% |
| Playa Del Rey | 24 | $560,000 | $615,000 | -8.9% |
| Rancho Palos Verdes | 58 | $1,060,000 | $1,100,000 | -3.6% |
| Redondo Beach | 96 | $950,000 | $845,000 | 12.5% |
| San Pedro | 66 | $489,000 | $449,000 | 8.8% |
| Torrance | 138 | $593,000 | $579,000 | 2.4% |
| Westchester | 30 | $1,130,000 | $900,000 | 25.6% |