Happy Thanksgiving from Redondo Beach Real Estate
From our family at Keith Kyle Homes, RedondoBeachRealEstateHomes.com and Visa Sotheby’s International we wish you and yours a very Happy Thanksgiving.
September 2017 Redondo Beach Real Estate Prices and Home Sales
September was another busy month in South Bay Real estate with a strong number of home sales along with some impressve prices. Redondo Beach saw 86 home sales with a median price of $1,021,000. To see all of the homes sold in the South Bay in September visit our recent home sales page. The lowest price of the month was a Brookside Village condo selling for $436,500 and the highest home sale in Redondo Beach was an oceanfront new construction luxury condo at 1000 Esplande that closed at $3,250,000.
| City | Homes Sold | September 2017 Median | September 2016 Median | Year over Year % Change% |
| Carson | 55 | $511,000 | $462,000 | 10.5% |
| El Segundo | 9 | $1,130,000 | $840,000 | 34.5% |
| Gardena | 48 | $475,000 | $444,000 | 7.1% |
| Harbor City | 22 | $553,000 | $465,000 | 19% |
| Hawthorne | 46 | $595,000 | $558,000 | 6.6% |
| HermosaBeach | 12 | $2,150,000 | $1,449,000 | 48.4% |
| Lawndale | 15 | $490,000 | $479,000 | 2.3% |
| Lomita | 12 | $576,000 | $593,000 | -2.9% |
| Long Beach | 326 | $520,000 | $478,000 | 8.8% |
| Manhattan Beach | 38 | $1,877,000 | $2,200,000 | -14.7% |
| Marina Del Rey | 24 | $933,000 | $900,000 | 3.7% |
| Palos Verdes Estates | 43 | $1,600,000 | $1,4023,000 | 14.1% |
| Playa Del Rey | 17 | $753,000 | $538,000 | 39.9% |
| Rancho Palos Verdes | 52 | $1,250,000 | $1,035,000 | 20.8% |
| Redondo Beach | 86 | $1,021,000 | $1,035,000 | 20.8% |
| San Pedro | 71 | $558,000 | $534,000 | 4.7% |
| Torrance | 126 | $728,000 | $648,000 | 12.4% |
| Westchester | 25 | $1,140,000 | $890,000 | 15.2% |
Explore the Neighborhoods, Cities and Communities Around Redondo Beach
Welcome to real estate in the cities and neighborhoods of the South Bay
Welcome to Redondo Beach, the Beach Cities and the South Bay. While Redondo Beach has something to offer everyone,
some of the neighboring cities offer a flavor and feel all their own. Click on any city below to be taken to a area specific website or page geared specifically for that community.
South Bay Communities and Real Estate Websites
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
417 Paseo De La Playa – Once In a Lifetime Property in the Hollywood Riviera
While the price is staggering for this are of the South Bay, there’s no disputing that the home (s) being sold at 417 Paseo De La Playa are pretty incredible. The lots along Paseo De La Playa are already huge as they extend all the way to the beach but in this case there’s not one, but two separate parcels for sale. What also makes 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! Here’s information from listing agent Chris Adlam of 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.
Redondo Beach Real Estate in September – By the Numbers
Just like the rest of the Beach Cities, the Redondo Beach real estate market is on fire. August saw 113 home sales. Here’s a quick recap of the Redondo market based on todays date of 9/19/17:
Active Listings
- Current active homes for sale: 111
- Average list price: $1,887,000 (which is very skewed due to a $25M listing, $16M listing and $13M listing)
- Median price of homes for sale: $1,199,000
- Average list price without $25.0M, $16.0M and $13.0M listings: $1,440,000
- Average days on market: 63
- Highest price: $25,000,000
- Lowest price: $469,000
Pending Sales
- Number of pending home sales: 103
- Average list price: $1,169,000
- Median list price $1,049,000
- Highest price: $4,999,000
- Lowest price: $464,000
Closed Sales (past 30 days)
- 104 closed sales
- Average list price: $1,188,000
- Average sales price: $1,179,000
- Median list price: $1,089,000
- Median sales price: $1,073,000
- Highest sale: $3,250,000
- Lowest sale: $437,000
The Changing Face of Paseo De La Playa in the Hollywood Riviera
For lack of a more refined way of putting it….Paseo De La Playa in the Hollywood 
Riviera is probably one of the coolest streets in the South Bay. With enormous lots that extend all the way to the sand at Torrance Beach, panoramic ocean views and stunning queens necklace views, these homes offer it all. Unlike the beachfront homes of the Manhattan and Hermosa Strand, homes on the west side of Paseo De La Playa offer stunning ocean and coastline views by day, stunning sunsets in the evening and incredible ocean/city lights at night. Most of the homes along the street were tract type houses built in the 1970s with very much a Brady Bunch look and feel. That’s all changed in the last few years with 7 of the homes having extreme makeovers. See the current homes for sale on Paseo De La Playa in the Hollywood Riviera.