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
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