March 2016 Median Home Prices for Redondo Beach and the South Bay.

On May 24, 2016

in Market Trends, North Redondo Beach, South Redondo Beach, Torrance Posted by Keith Kyle

By Keith Kyle

The numbers for March are in Redondo Beach saw another solid month with 89 homes sold in Redondo Beach and a median home price of $893,000 which was slightly up from the previous month. There is a healthy number of new construction projects coming out in both north and south Redondo which is helping keep the home prices up.

City	Homes Sold	March 2016 Median	March 2015 Median	Year over Year % Change%
Carson	54	$447,500	$426,500	4.9%
El Segundo	10	$1,006,000	$849,000	18.5%
Gardena	58	$475,000	$403,500	17.7%
Harbor City	14	$450,000	$455,000	-1.1%
Hawthorne	36	$513,000	$642,000	-20.2%
Hermosa Beach	16	$1,183,000	$1,310,000	-9.7%
Lawndale	10	$385,000	$447,000	-13.9%
Lomita	11	$530,000	$481,000	10.1%
Long Beach	327	$478,000	$414,000	15.3%
Manhattan Beach	41	$2,275,000	$1,940,000	17.3%
Marina Del Rey	18	$1,025,000	$860,000	19.2%
Palos Verdes Estates	28	$1,355,000	$1,400,000	-3.2%
Playa Del Rey	18	$560,000	$546,000	2.6%
Rancho Palos Verdes	56	$1,156,250	$1,044,500	10.7%
Redondo Beach	89	$893,000	$862,000	3.7%
San Pedro	80	$554,000	$481,000	15.1%
Torrance	133	$615,000	$530,000	16%
Westchester	25	$910,000	$854,000	6.6%

About the author

Keith Kyle

Keith Kyle is a top real estate professional in Redondo Beach, Hermosa Beach, Torrance and Manhattan Beach with South Bay Brokers. He specializes in working with first time buyers and sellers of fine Redondo Beach properties. Keith has been a top realtor in Redondo since 2007 and his extensive local market knowledge as well as his marketing expertise has helped clients throughout Redondo Beach