July 2014 Median Home Prices for Redondo and the South Bay
By Keith Kyle
July 2014 saw some big numbers in terms of both number of homes sold as well as median prices. Redondo Beach had 97 sold homes at a median price of just under $1,000,000 which is a pretty significant number for this coastal community. Most other South Bay cities also saw some significant year over year increases in prices with the exceptions being Torrance, Marina Del Rey and Playa Del Rey. To see the actual homes sales in each city visit our recent home sales price and information site.
| City | Homes Sold | July 2014 Median | July 2013 Median | Year over Year % Change |
| Carson | 48 | $382,500 | $350,000 | 9.29% |
| El Segundo | 15 | $872,000 | $797,000 | 9.41% |
| Gardena | 50 | $385,000 | $332,500 | 15.79% |
| HarborCity | 13 | $480,000 | $465,000 | 3.23% |
| Hawthorne | 51 | $505,000 | $400,000 | 26.25% |
| Hermosa Beach | 26 | $1,230,000 | $1,097,500 | 12.07% |
| Lawndale | 8 | $412,000 | $331,250 | 24.38% |
| Lomita | 13 | $555,000 | $452,000 | 22.79% |
| Long Beach | 330 | $400,000 | $365,000 | 9.59% |
| Manhattan Beach | 43 | $1,795,000 | $1,521,250 | 18.00% |
| Marina Del Rey | 33 | $757,500 | $862,500 | -12.17% |
| Palos Verdes Estates | 51 | $1,600,000 | $1,291,000 | 23.93% |
| Playa Del Rey | 23 | $507,000 | $512,000 | -0.98% |
| RanchoPalos Verdes | 54 | $1,069,000 | $1,100,000 | -2.82% |
| Redondo Beach | 97 | $865,000 | $758,000 | 14.12% |
| San Pedro | 49 | $440,000 | $420,500 | 4.64% |
| Torrance | 142 | $540,000 | $576,250 | -6.29% |
| Westchester | 48 | $777,500 | $715,000 | 8.74% |
721 Esplanade sits as high on the bluff as any of the buildings so views are just about as good as it gets (it also has the best ocean front views of any parking lot we’ve seen).