717 Avenue D Redondo Beach CA

October 2012 Median Home Prices In Redondo Beach and South Bay

October 2012 South Bay Median Home Prices and Sold Homes

Keep informed on the price of Redondo Beach  homes and know what direction the real estate market is heading. See below for the median price of South Bay Homes in October and see the change in average home price from 2011. Average home prices based on one month of information can vary quite a bit based on a number of factors but the information can show an overall housing market trend in Redondo Beach.

City Homes Sold October2012 Median October2011 Median Yearover Year % Change
Carson 56 $286,500 $300,000 -4.50%
El Segundo 11 $648,000 $348,500 85.94%
Gardena 58 $299,250 $260,000 15.10%
Harbor City 14 $337,500 $300,000 12.50%
Hawthorne 51 $360,000 $328,500 9.59%
Hermosa Beach 15 $835,000 $1,000,000 -16.50%
Lawndale 10 $252,500 $315,000 -19.84%
Lomita 13 $450,000 $392,500 14.65%
Long Beach 341 $302,750 $282,000 7.36%
Manhattan Beach 36 $1,137,500 $1,222,500 -6.95%
Marina Del Rey 36 $652,500 $590,000 10.59%
Palos Verdes Estates 31 $1,282,500 $1,000,000 28.25%
Playa Del Rey 16 $344,750 $335,000 2.91%
Rancho Palos Verdes 45 $870,000 $922,000 -5.64%
Redondo Beach 97 $700,000 $623,750 12.22%
San Pedro 55 $330,500 $345,750 -4.41%
Torrance 121 $467,000 $447,500 4.36%
Westchester 43 $627,000 $561,750 11.62%
Manhattan Strand homes

Manhattan Beach Luxury Home Market Strong in the Sand Section

Sand section homes in Manhattan BeachManhattan Beach walkstreet homes

The surf, the sun, the sand, the beautiful views…..the luxury home market in the Manhattan Beach sand section has remained strong although there has been a slow down of pending home sales since the end of summer. Currently there are 14 active homes and townhomes for sale in the sand section priced over $2,000,000. The average price for active listings in the sand section is $3,595,000 with the average sales price of $2,422,600 for homes sold since October 1, 2012.

Currently there are more homes for sale priced above $2.0M than below with 14 homes priced above and only 13 homes sub $2.0M.  Much of the driving force of the high current list average is due to the number of oceanfront homes on The Strand as well as a number of luxury walkstreet homes.

Surfing in Redondo Beach CA

When people think of Redondo Beach they often think of surfing.  The area has several good surf spots from the breaks of Palos Verdes to Redondo Beach to El Porto in Manhattan Beach.  We’ve put a surf report for Redondo Beach below so that you can know what the current surf conditions are.  Want to look at the waves full time?  Check out this spectacular oceanfront home at 807 Esplanade as well as our upcoming ocean front home in the Hollywood Riviera.

Surfline Surf Forecasts

 

Almost No New Construction Homes in Redondo Beach

**Please note that this post was writtin in 2012**When the housing bubble burst, new construction homes became almost non-existent with builders barely able to complete and sell the homes that they had in mid construction.  With the market picking up considerably in 2012 builders once again starting building and there have been a number of projects in Redondo Beach.  Although dramatically down from the peak days of 2006, there has been a fairly consitent level of new contruction inventory, but with the current market in which there are ample buyers and few sellers, that supply has become a trickle.   New construction homes for sale  in Redondo Beach are almost non-existent with only 2 projects actively for sale on the North Redondo Beach MLS and another 2 active listings in South Redondo.  This may reflect more on the overall market and the dramatically reduced inventory as even uncompleted projects often seem to have eager buyers wanting to pet together an offer.

North Redondo New Construction 2012

ML# Status Type Address Area Type Price Br/Ba Sq Ft DOM/CDOM
V12118626 Active SFR/D 2620 Robinson ST 151 STD $ 1,179,000 5/4,0,0,0 2920 66/66
SB12132152 Active TWNHS/A 1921 Grant AV #B 152 STD $ 719,000 4/3,0,0,0 1800 33/33
V12123898 B TWNHS/D 1903 Plant AV 151 STD $ 869,000 4/3,0,1,0 2178 53/53
S12124000 B CONDO/D 1905 Plant AV #A 151 STD $ 869,000 4/2,0,1,0 2330 53/53
SB12132597 B CONDO/D 1905 Plant AV #B 151 STD $ 869,000 4/2,0,1,0 2330 32/32
S12115711 B CONDO/D 2110 Rindge LN 151 STD $ 889,000 4/3,0,0,0 2445 77/77
PV12133509 B SFR/D 2622 Robinson ST 151 STD $ 1,195,000 4/4,1,0,0 2920 30/162
SB12132552 B CONDO 1909 spreckels #B 152 STD $ 879,000 4/3,0,1,0 2459 32/32
PV12138309 B TWNHS/D 2011 Belmont LN #B 152 STD $ 889,000 4/3,0,1,0 2600 18/18
V12123906 P TWNHS/D 2906 Aviation PL 151 STD $ 929,000 4/3,0,1,0 2624 47/47
PV12138302 P TWNHS/D 2011 Belmont LN #A 152 STD $ 889,000 4/3,0,1,0 2600

 

Below is the most recent activity in South Redondo Beach

ML# S Type Address Area Type Price Br/Ba Sq ft DOM/CDOM
V12125660 A TWNHS/D 110 Helberta AV #B 155 STD $ 899,000 3/2,0,1,0 1879 48/48
S12122561 A SFR/A 126 Prospect AV 155 STD $ 1,299,000 5/4,0,1,0 4800 55/55
V12103870 B SFR/D 2321 Ralston LN 153 STD $ 1,339,900 4/3,0,0,0 3421 100/257
V12021579 B TWNHS/D 505 Lucia AV #B 155 STD $ 929,000 3/3,0,1,0 2224 284/284
V12094408 P TWNHS/D 110 Helberta AV #A 155 STD $ 899,000 3/2,0,1,0 2044 73/73
S12111092 P SFR/A 407 Pearl ST 156 STD $ 1,050,000 3/2,1,0,0 1956 62/62
SB12140370 P SFR/D 546 Helberta AV 156 STD $ 2,195,000 5/3,1,2,0 4077
S12111042 P TWNHS/A 311 Topaz 157 STD $ 1,379,000 5/2,2,0,0 3011 34/34
S12111059 P TWNHS/A 623 Elvira 157 STD $ 1,500,000 4/3,0,1,0 3505 0/0

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Vista Sotheby’s International Realty is one of the top real estate brokerages in the South Bay and Southern California with offices in Redondo Beach and throughout the South Bay

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keith kyle

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Welcome to Sotheby's International Realty representing buyers and sellers of fine South Bay and Southern California properties

Redondo Beach Real Estate & Homes. All rights reserved. Information deemed reliable but not guaranteed

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

The listing information set forth on this site is based upon information which we consider reliable, but because it has been supplied by third parties to our franchisees (who in turn supplied it to us), we cannot represent that it is accurate or complete, and it should not be relied upon as such. The offerings are subject to errors, omissions, changes, including price, or withdrawal without notice. All dimensions are approximate and have not been verified by the selling party and cannot be verified by Sotheby’s International Realty Affiliates LLC. It is recommended that you hire a professional in the business of determining dimensions, such as an appraiser, architect or civil engineer, to determine such information. Sotheby’s International Realty ® and the Sotheby’s International Realty Logo are service marks licensed to Sotheby’s International Realty Affiliates LLC and used with permission.