Blog

Redondo Beach homes for sale and real estate > Blog – Redondo Beach real estate blog and market news

Redondo Beach Real Estate for August 2018….by the numbers

August was yet another big month as, much like the weather, the real estate market stayed very hot.  Below are the numbers that paint a pretty rosy picture of the market in this wonderful coastal city.

Active Homes For Sale (as of 8/30/18)

  • Number of homes for sale:  106
  • Highest Price:  $13,700,000
  • Lowest Price:  $415,000
  • Median Price: $1,215,000
  • Avg Price:  $1,517,000
  • Median Days on Market:  42
  • Avg Price per Sq Ft:  $662

Pending and homes in Escrow

  • Number of homes for sale:  77
  • Highest Price:  $2,795,000
  • Lowest Price:  $205,386
  • Median Price: $1,075,000
  • Avg Price:  $1,130,000
  • Median Days on Market:  29
  • Avg Price per Sq Ft:  $628

Closed home sales (for August)

  • Number of homes for sale:  83
  • Highest Price: $3,395,000
  • Lowest Price:  $399,000
  • Median Price: $1,165,000
  • Median Days on Market:  16
  • Avg Price per Sq Ft:  $628
in Communities, Redondo Beach Real Estate, Search for Homes, South Redondo Beach Posted by Keith Kyle
mls listing updates

Search Homes for sale on the Redondo Beach MLS

Search for homes in Redondo Beachmls listing updates

If you’re looking for a home or property in Redondo Beach, CA, you’ve come to the right place.  View all of the current homes for sale below.  If you’re interested in only the homes in specific Redondo neighborhoods, you can either search with the menu above or visit our targeted home search page.

Want and even easier way to search for homes?  Tell us about your dream home and we’ll customize a home search just for you and notify you the moment a new home hits the market.  These email alerts are completely free and there is no obligation.

Currrent homes for sale in Redondo Beach CA

in Redondo Beach Real Estate Posted by Keith Kyle
Gated community of Fusion South Bay

Our Latest Listing – Fusion South Bay…great Redondo Beach Alternative

5507 W 149th Place #11 in Fusion South BayGated community of Fusion South Bay

  • Listed for $847,500
  • 3 bedroom, 2 1/2 bath
  • 1,790 sq feet (based on builder specs…buyer to verify)
  • Gated community of Fusion South Bay

Welcome home to this stunning and rare 3 bedroom “J” floorplan in Fusion South Bay. This home was originally a model home & offers upgrades rarely seen in the community. This highly sought after layout offers all living spaces on a single level and the flexible floorplan allows for the layout to adapt to every lifestyle. Bathed in natural light with oversized windows and high ceilings throughout, the home offers a spacious and bright living room with built in entertainment center, recessed lights, custom designed/ fitted carpeting with beautiful tile flooring underneath, plantation shutters and more. Perfect for todays lifestyle, the living room open to both dining room and the the kitchen. The stunning kitchen is the showcase of the home with upgrades throughout…granite counters, stainless appliances, 6 burner Wolf range and a large island perfect for entertaining. With 2 spacious bedrooms plus a beautiful master suite on the same level as the living spaces once inside it can feel more like a single family home. Master suite offers numerours upgrades including ceiling fan (a rare find in Fusion), custom tile work in the bathrooms, walk in closet and more. Additional features of the home include 2 car attached side by side garage, air conditioning and great privacy due to it’s location in Fusion. Fusion is a fantastic gated community with pool, spa, basketball court, playground and more and the Manhattan Beach adjacent location is just a short drive to the beach.  Contact listing agent Keith Kyle  or 310.251.2344 with Vista Sotheby’s International Realty for more info or for a private showing.

in Communities, Fusion South Bay Posted by Keith Kyle
Signing paperwork

In Perspective – Historical 30 Year Fixed Mortgage Rates

Many buyers are concerned with interest rates rising and that’s certainly valid as a higher interest rate means a higher monthly payment which most often means that you can’t afford a home you might have only months earlier.  Taken in historical standpoint the current rates are dramatically lower than at just about any other time.  The chart below shows the interest rate on conventional and conforming 30 year fixed rate mortgages.  As we’ll see we’ve basically seen rates drop consistently since the high water mark of 16.3% in 1981.  It certainly makes todays current rate in the mid 4% range seem pretty enticing.

in Financing, Interest rates, Market Trends Posted by Keith Kyle
417 Paseo De La Playa Redondo Beach

2018 Home Sale of the Year in Redondo Beach – 417 Paseo De La Playa

Without question the sale of the year in Redondo Beach will be the once in a lifetime oceanfront property at 417 Paseo De La Playa.  Paseo

De La Playa is the blufftop street in the Hollywood Riviera.  While homes on Paseo De La Playa are special due to the location alone, this house (well actually two houses) were in a league all of their own.

The property sold back in February of 2018 for a staggering price tage of $22,650,00

While the price was unheard of for this are of the South Bay, there’s no disputing that the home (s) were unlike anything on the market for a very long time.  The lots along Paseo De La Playa are already huge as they extend all the way to the beach but in this case there was not one, but two separate parcels for sale.  What also made this compound type property unique is the beach access.  It can take years to go through the California coastal process of trying to get beach access and it’s often denied.  In this case there’s not only beach access but a private volleyball court!

417 Paseo De La Playa Redondo Beach 417 Paseo De La Playa Redondo Beach 417 Paseo De La Playa Redondo Beach

As marketed by listing agent Chris Adlam with Vista Sotheby’s International:

With over 62,000 square feet of beach-front property on TWO SEPARATE PARCELS, this dramatic compound is almost impossible to duplicate. The main house (417 Paseo de la Playa) is over 10,000 square feet of exquisite living area, and the “companion house” (421 Paseo de la Playa) has over 5,500 square feet. Both homes are located behind gated entrances, both with direct access to the sand, a spectacular pool & spa, a private sand volleyball court, and a large yard. The views span from Palos Verdes through the beach cities, including the entire Santa Monica Bay.

 

in Beach Front Homes, Hollywood Riviera, Paseo De La Playa Posted by Keith Kyle

ARE YOU INTERESTED

IT'S TIME TO DISCOVER

redondo beach

Vista Sotheby's International

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

ADDRESS:

1801 S Catalina Ave, Redondo Beach, CA 90277

Phone:

310.251.2344

E-mail:

keith.kyle@vistasir.com

CONTACT AGENT

DRE#01712785

keith kyle

Top Producing Realtor

ENQUIRE

Sotheby's International

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

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

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

Facebook-f Twitter Instagram Pinterest
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.