Luxury kitchens in Redondo Beach

January Home Prices in Redondo Beach Continue to Rise

January 2016 Home Prices in Redondo Beach and the South Bay

January 2016 showed to be another strong month in the Redondo Beach real estate market with the median home price nearing almost $900,0000.  Demand continued with no end in sight as homes often sold quickly and over their asking prices.

Click here to see the recent home sales in Redondo Beach CA.

City HomesSold January2016 Median January2015 Median Yearover Year % Change%
Carson 27 $415,000 $385,000 7.8%
El Segundo real estate 8 $1,074,500 $799,000 34.5%
Gardena 28 $471,000 $399,000 18%
Harbor City 13 $500,000 $454,000 10.1%
Hawthorne homes for sale 33 $457,000 $500,000 -8.5%
Hermosa Beach homes 10 $1,783,500 $1,680,000 6.2%
Lawndale homes for sale 9 $450,000 $430,000 4.7%
Lomita 12 $420,000 $365,000 15.1%
Long Beach 241 $425,000 $406,000 4.7%
Manhattan Beach real estate 22 $1,760,000 $1,675,000 5.1%
Marina Del Rey 16 $1497,000 $855,000 75.1%
Palos Verdes Estates 19 $1,272,000 $1,251,000 1.7%
Playa Del Rey 10 $574,000 $527,000 9.0%
Rancho Palos Verdes 38 $900,000 $1,015,000 -11.3%
Redondo Beach homes 66 $885,000 $802,000 10.3%
San Pedro 47 $465,000 $450,000 3.4%
Torrance real estate and homes 83 $632,000 $617,000 2.3%
Westchester 22 $880,000 $900,000 -2.2%
Homes for sale in the Golden Hills of Redondo Beach

No Shortage of $1.0M+ Homes in the Golden Hills of Redondo Beach

By Keith Kyle

The Golden Hills of Redondo Beach was always the most affordable way of owning a good sized single family home.  Prices over $1,000,000 were rare and were saved for really special homes.  That’s all changed and sales of well over $1,000,000 are becoming commonplace.  Since December of 2015 there have been 10 homes that have come on the market above $1.0M.  The demand for the neighborhood remains very high and with most homes offering about 1850 square feet, buyers are still eager to purchase the larger or newer homes in the area.

Current Homes for Sale in the Golden Hills of North Redondo Beach

Homes for sale in the Golden Hills of Redondo Beach

Just Sold – 1637 Armour Lane in the Golden Hills of Redondo Beach

By Keith Kyle

**this home has sold**  View the current homes for sale in the Golden Hills of Redondo Beach**

Located on an oversized 4,100 foot lot, this charming and updated Golden Hills home is far from ordinary. The curb appeal couldn’t be better….from the white picket fence, to the large front yard with environmentally friendly turf, to the updated exterior with a charming porch, smooth stucco to the manicured landscaping. As charming inside as out the home offers gleaming hardwood floors, recessed lights, remodeled kitchen and 3 bright bedrooms. Enter the home to a warm and inviting living room with large windows and an abundance of natural light. Directly off of the living room you’ll enter the remodeled kitchen with stainless appliances, granite countertops, tile floors and an adjacent dining area overlooking the front yard. Featuring 3 bright bedroom and 2 remodeled bathrooms with a coastal inspiration. The largest bedroom also offers direct sliding doors to the huge grassy backyard and flagstone patio. Yards generally don’t exist in the Golden Hills and 1637 Armour offers large front and rear yards. All of this located on a quiet one way street in the Jefferson Elementary district of Redondo and just a short drive to King Harbor, the Redondo pier and one mile to the beach.

See our Golden Hills Real Estate site for more information on this coming soon listing or contact listing agent and Redondo Beach realtor Keith Kyle.

  • 3 Bed/2 bath
  • 4100 Sq Ft Lot
  • 1048 Sq Feet
  • Large Backyard
  • Great Location
  • 1 car garage
  • Remodeled
  • Fenced front yard with turf
  • Hardwood floors

New construction townhomes

Is $1,250,000+ The New Normal for Detached New Construction Townhomes?

By Keith Kyle

There’s no doubt that this market continues to amaze.  What would have been considered unheard of a year ago is now becoming standard. Nowhere is this more clear than in new construction detached townhomes in North Redondo Beach.  See our real estate explained…two on a lot detached townhome in Redondo Beach to better understand this unique townhome style.  It wasn’t all that long ago that we were fairly surprised by these homes topping the $1,000,000 but those purchases are now looking like steals.  We kept the chart below limited to only new construction in area 151 (of North Redondo Beach) with similar square footage so this was an apples to apples comparison and the price increases are fairly amazing.  2014 priced just under $1,000,000 with 2015 prices starting near $1,060,000 and reaching $1,250,000.  Currently the only 2o16 built home (with around 2500 feet) just hit the market at a whopping $1,399,000.  While we can’t imagine they’ll get anywhere near that, it will be a great indicator as to just what these homes will sell at in 2016.

Living in California

Oh to live in California

Only in California can you lounge at the beach the same day that you play in the snow. There’s just so much to do in this great state and it’s the reason so many people want to live here.
Beach-Mountains-California

That’s why we love California and life at the beach in the South Bay makes it even better.

Redondo Beach Median Home Prices for December 2015

By Keith Kyle

The December numbers are in and if there was any thought that the real estate market in Redondo Beach was leveling the numbers certainly say otherwise.

The average home price in Redondo Beach for the homes that closed escrow during December was $930,840 with a median price of $836,250.  Those are big numbers that still shows no sign of slowing or reversing.   See the chart below for the December home sales numbers for Redondo Beach and the South Bay for December of 2015.

City Homes
Sold
December
2015 Median
December
2014 Median
Year
over Year % Change
Carson  73 $360,000 $365,000 -1.4%
El Segundo 10 $949,000 $735,000 20.2
Gardena 41 $420,000 $385,000 9.1%
Harbor City 15 $483,000 $467,000 9.1%
Hawthorne 35 $508,500 $667,750 -23.8%
Hermosa Beach 24 $1,475,000 $1,360,000 8.5%
Lawndale 13 $420,000 $415,000 1.2%
Lomita 16 $520,000 $490,000 6.1%
Long Beach 339 $456,000 $395,000 15.4%
Manhattan Beach 34 $2,184,000 $1,689,000 29.3%
Marina Del Rey 31 $905,000 $759,000 19.2%
Palos Verdes Estates 29 $1,456,000 $1,150,000 26.7%
Playa Del Rey 17 $605,000 $482,000 25.5%
Rancho Palos Verdes 48 $1,170,000 $1,135,000 3.1%
Redondo Beach 89 $836,250 $770,000 7.3%
San Pedro 72 $517,500 $492,000 5.2%
Torrance 133 $597,000 $562,000 6.3%
Westchester 34 $951,000 $807,500 17.8%

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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:

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keith.kyle@vistasir.com

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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.