Market Trends

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December Home Sales Are In – Another Big Month in Redondo Beach

Most people think that the holidays are a down time in real estate….but that hasn’t been the case in Redondo Beach for the past few years and December 2015 was no exception.  December saw 76 closed home sales in Redondo Beach with an average sales price of $931,000 and a median price of $836,000.  Big numbers indeed.

Interested in homes sales in other South Bay cities?  Click here to see all of the home sales throughout the South Bay and Beach Cities.

MLS Type Address Price Beds/Baths Year Built Square Feet
SB15267197 TWNHS/A 157 Paseo De La Concha #4 $ 760,000 2/1,0,1,0 1977/ASR 1077/A
PV15237337 SFR/D 425 Paseo De Las Estrellas $ 975,000 4/2,0,0,0 1953/ASR 1552/A
OC15210220 SFR/D 406 Calle De Arboles $ 1,170,000 3/2,0,0,0 1954/ASR 1833/A
SB15147651 SFR/D 683 Calle Miramar $ 1,337,500 4/2,2,0,0 1953/ASR 2785/AP
SB15221383 SFR/D 340 Via Colusa $ 1,708,750 5/5,0,1,0 2004/ASR 2560/A
SB15208537 TWNHS/A 2518 Ruhland AV #G $ 523,000 2/1,0,1,1 1976/ASR 1317/A
SB15250097 CONDO/A 2001 Artesia BL #416 $ 530,000 2/2,0,0,0 2008/ASR 1040/A
SB15205307 TWNHS/A 2518 Ruhland AV #E $ 560,000 2/1,0,1,1 1976/ASR 1295/A
SB15189598 CONDO/A 2518 Curtis AV #1 $ 575,000 3/1,1,1,0 1976/ASR 1491/A
SB15233379 TWNHS/A 2007 Vail AV #1 $ 655,000 3/3,0,0,0 1984/ASR 1534/S
SB15230685 SFR/D 3502 Mcbain AV $ 730,000 4/4,0,0,0 1950/ASR 1500/A
SB15231292 TWNHS/A 2307 Mathews AV #2 $ 737,000 3/1,1,1,0 1986/ASR 1636/A
SB15210868 TWNHS/A 2012 Ernest AV #A $ 765,000 3/2,0,1,0 1985/ASR 2050/A
SB15229779 TWNHS/A 2604 Voorhees AV #C $ 814,000 3/2,0,1,0 2002/ASR 1787/A
SB15053705 TWNHS/A 2402 Voorhees AV #A $ 817,000 3/2,0,1,0 1986/ASR 2140/A
SB15225646 SFR/D 2831 Pinckard AV $ 820,000 3/2,0,0,0 1943/ASR 1392/A
SB15215141 SFR/D 2422 Sebald AV $ 840,000 3/2,0,0,0 1950/ASR 1150/A
SB15210298 SFR/D 2500 Gates AV $ 885,000 3/2,0,0,0 1956/ASR 1636/A
CV15118178 SFR/D 2410 Thomas AV $ 899,000 4/1,2,0,0 1945/EST 2122/A
PV15240735 TWNHS/D 1913 Plant AV #A $ 1,230,000 4/3,0,1,0 2015/BLD 2554/B
PV15240740 TWNHS/D 1913 Plant AV #B $ 1,250,000 4/3,0,1,0 2015/BLD 2554/B
SB15230678 TWNHS/A 2403 Grant AV #2 $ 550,000 2/1,0,1,0 1978/ASR 1156/A
SB15218923 SFR/D 1908 Condon AV $ 561,500 2/1,0,1,0 1950/ASR 880/E
PW15234804 CONDO/A 2607 Carnegie LN #3 $ 563,000 2/1,0,1,0 1978/ASR 1494/A
SB15243238 TWNHS/A 2706 Carnegie LN #B $ 660,000 3/2,0,0,0 1989/ASR 1583/A
PV15077636 TWNHS/A 2401 VANDERBILT #A $ 685,000 3/2,1,0,0 1999/ASR 1854/A
SB15243471 TWNHS/D 2015 Carnegie LN #A $ 705,000 3/2,0,1,0 1980/ASR 1527/A
SB15085409 TWNHS/A 1727 Aviation BL $ 747,500 3/2,1,1,0 2005/ASR 1550/A
SB15228782 SFR/D 2100 Rockefeller LN $ 761,000 3/1,1,1,0 1959/ASR 1324/A
PV15237181 TWNHS/A 2413 Rockefeller LN #B $ 786,000 3/3,0,0,0 2005/ASR 1870/B
PV15172622 TWNHS/A 2420 Harriman LN #1 $ 860,000 3/2,0,1,0 1984/ASR 2214/A
SB15243501 TWNHS/A 2015 Pullman LN #A $ 880,000 4/2,0,1,0 1988/ASR 2397/A
SB15239712 TWNHS/D 2314 Harriman LN #B $ 987,500 4/2,0,1,0 1991/ASR 2310/A
SB15199401 SFR/D 2003 Speyer LN $ 1,000,000 4/2,0,0,0 1952/ASR 1295/A
SB15239080 TWNHS/D 2200 Pullman Lane $ 1,015,000 3/1,1,1,0 1986/ASR 2815/AP
SB15215396 TWNHS/D 2508 Huntington LN #A $ 1,030,000 4/3,0,1,0 1991/ASR 2362/A
PV15245634 TWNHS/D 2320 Harriman LN #B $ 1,044,000 4/3,0,0,0 2004/ASR 2220/A
PV15144091 TWNHS/D 1807 Huntington LN #B $ 1,173,500 4/3,0,1,0 2015/BLD 2612/B
SB15199640 TWNHS/D 2313 Clark LN #A $ 1,185,000 4/3,0,1,0 2015/BLD 2500/E
SR15214197 CONDO/D 515 Meyer LN #28 $ 300,000 2/2,0,0,0 1979/ASR 1464/P
IN15201866 SFR/D 2701 184th ST $ 580,000 3/1,0,0,0 1955/ASR 1034/A
SB15236463 SFR/D 2706 184th ST $ 694,000 3/2,0,0,0 1955/ASR 1343/A
SB15227620 SFR/D 2708 Fisk LN $ 732,000 3/2,0,0,0 1955/ASR 1689/A
PV15198174 SFR/D 1907 190th ST $ 740,000 3/1,0,1,0 1955/ASR 1114/S
15945607 CONDO/D 700 MEYER LN #8 $ 832,500 4/3,0,0,0 2000 2225/A
PV15152244 SFR/D 2402 Ralston LN $ 1,500,000 4/3,0,0,0 2005/SEE 3505/A
SB15237566 SFR/D 1636 Havemeyer LN $ 799,000 3/1,0,1,0 1962/ASR 1244/A
SB15174442 SFR/D 1520 Wollacott ST $ 860,000 3/2,0,0,0 1983/ASR 1840/A
SB15199326 SFR/D 1806 Harper AV $ 910,000 3/1,1,0,0 1973/ASR 1729/A
PV15218931 SFR/D 1612 Goodman AV $ 935,000 3/2,0,1,0 1990/ASR 1968/A
SB15235770 SFR/D 1523 Stanford AV $ 938,000 3/2,0,1,0 1988/ASR 1830/A
PV15193407 SFR/D 1809 Goodman AV $ 940,750 3/1,1,1,0 1986/ASR 1880/A
SB15199788 SFR/D 1627 Van Horne LN $ 958,838 3/3,0,0,0 1961/ASR 1843/A
SB15194755 SFR/D 1145 Stanford AV $ 1,045,000 3/2,0,1,0 1995/ASR 2000/S
SB15223853 SFR/D 1612 Speyer LN $ 1,376,000 4/3,0,1,0 2007/ASR 2607/A
SB15218734 CONDO/A 1321 Beryl ST #305 $ 525,000 2/1,1,0,0 1975/ASR 1199/A
15940815 TWNHS 227 S IRENA AV #7 $ 718,000 3/2,0,1,0 1981 1740/L
SB15232268 TWNHS/A 227 S Irena AV #3 $ 730,000 3/2,0,1,0 1981/ASR 1562/A
SB15205353 TWNHS/A 110 S Guadalupe AV #2 $ 780,000 3/3,0,0,0 1983/ASR 1615/A
SB15249092 TWNHS/A 230 S Guadalupe AV #2 $ 800,000 2/2,0,1,0 1981/ASR 1411/A
SB15205131 TWNHS/A 511 N Irena AV #D $ 950,000 4/3,0,1,0 1990/APP 2427/A
PW15234983 TWNHS/D 116 S Juanita AV #B $ 999,000 3/2,0,1,0 2000/ASR 2077/A
IN15210508 TWNHS/D 205 S Juanita AV #B $ 1,100,000 4/2,1,0,0 1989/ASR 2368/A
SB15219630 TWNHS/A 712 Beryl ST #A $1,120,000 3/3,0,0,0 1990/ASR 2708/S
SB15165328 TWNHS/D 235 S Irena AV #C $ 1,285,000 4/3,0,0,0 2009/ASR 2520/A
15952687 CONDO 649 S PROSPECT AV #105 $ 435,000 2/2,0,0,0 1970 975
SB15230121 CONDO/A 1108 Camino Real #310 $ 489,000 3/2,0,1,0 1971/ASR 1145/A
SB15243455 TWNHS/D 1800 S Pacific Coast Hwy #64 $ 765,000 3/2,1,0,0 2001/ASR 1622/A
PW15228930 TWNHS/D 1800 S Pacific Coast HY #34 $ 799,000 4/3,0,0,0 2001/EST 1836/E
SB15183550 SFR/D 1057 Avenue B $ 1,150,500 4/1,1,0,0 1969/ASR 1576/AP
PW15217331 SFR/D 412 Miramar DR $ 1,349,000 4/3,0,1,0 1990/ASR 2795/B
SB15225774 SFR/D 505 Avenue D $ 2,249,000 5/3,1,1,0 2015/SEE 3100/SEE
SB15215435 SFR/D 654 S Irena AV $ 2,450,000 5/4,0,0,0 2000/ASR 4028/A
SB15230218 CONDO/A 520 The Village #109 $ 785,000 2/2,0,0,0 1980/ASR 1458/A
SB15225210 CONDO/A 520 The Village #308 $ 850,000 2/2,0,0,0 1980/ASR 1458/E
SB15243829 CONDO/A 1500 Esplanade #G $ 2,499,000 4/3,0,1,0 2015/BLD 2600/B
in Communities, Market Trends, North Redondo Beach, South Redondo Beach Posted by Keith Kyle
Breakwater Village 55+ condos in Redondo Beach

September 2015 Home Sales in Redondo Beach and Beyond

By Keith Kyle

Redondo Beach saw an impressive number of homes selling in September of 2015 to end the summer selling season with 97 closed escrows.  In addition the median home price in Redondo was $875,000 which shows significant gains in value over the past year.  The market was hot throughout Redondo Beach with homes in both North and South Redondo often selling quickly and with multiple offers.

City Homes
Sold		 September
2015 Median		 September
2014 Median		 Year
over Year % Change
Carson 49 $406,000 $366,000 10.8%
El Segundo 9 $1,045,000 $517,000 76%
Gardena 33 $440,000 365,000 20.5%
Harbor City 18 $514,500 $462,500 11.2%
Hawthorne 27 $513,000 $550,000 -6.7%
Hermosa Beach 20 $1,200,000 $1,020,000 17.7%
Lawndale 13 $450,000 $379,000 18.6%
Lomita 15 $580,000 $570,000 1.8%
Long Beach 390 $435,000 $420,000 3.7%
Manhattan Beach 39 $2,050,000 $2,025,000 1.2%
Marina Del Rey 29 $865,000 $817,000 5.9%
Palos Verdes Estates 35 $1550,000 $1575,000 -1.6%
Playa Del Rey 18 $542,000 $534,000 1.6%
Rancho Palos Verdes 49 $1,040,000 $1,058,000 -1.7%
Redondo Beach 97 $875,000 $790,000 10.8%
San Pedro 69 $442,000 $459,000 -3.6%
Torrance 135 $585,000 $527,00 10.9%
Westchester 26 $908,000 $872,000 4.1%
in Market Trends, North Redondo Beach, South Redondo Beach Posted by Keith Kyle
South Redondo homes

Increased inventory slowing the market for high end Hollywood Riviera homes

By Keith KyleSouth Redondo homes

A noticeable increase in number of homes for sale at $1,500,000 and above has seemed to put the brakes on a very hot real estate market in the Hollywood Riviera.  The buying public had been clamoring for more homes on the market and now that they’ve arrived, it seems they’re not selling.  The $1,100,000-$1,400,000 price point is still extremely active, but the increased inventory of high end homes has definitely slowed the market.  Certain homes such as the recent listing at 225 Via Alameda which sold with multiple offers right from the start, are the exception at the moment and not the rule.  It’s not uncommon to see these higher price point homes sitting on the market for months which is a distinct difference from some other high end areas in the South Bay.  The chart below shows the number of active, pending and sold homes by month for homes priced over $1,500,000 and clearly indicates almost double the number of homes for sale while pending and sold listings are down.

View the current homes for sale in the Hollywood Riviera

in Hollywood Riviera, Market Trends Posted by Keith Kyle

Big Gains In May 2015 Median Home Prices in the South Bay

By Keith Kyle

May was another huge month in terms of home prices in the South Bay with Hermosa Beach highest on the wow factor with a median price in May of $,1450,00, almost 32% higher than the year before.  Redondo Beach saw major gains as well with 106 homes selling in May with a median home price of over $844,000

City Homes Sold May 2015 Median May 2014 Median Year over Year % Change
Carson 45 $410,000 $376,500 8.9%
El Segundo 14 $803,500 $818,000 -0.8%
Gardena 35 $405,000 $400,000 1.3%
Harbor City 26 $415,000 $382,000 8.6%
Hawthorne 68 $525,00 $487,000 7.9%
Hermosa Beach 23 $1,450,000 $1,102,000 31.6%
Lawndale 12 $431,000 $417,500 3.2%
Lomita 11 $509,000 $575,000 3.5%
Long Beach 362 $433,000 $399,000 8.5%
Manhattan Beach 38 $2,238,750 $2,005,000 11.7%
Marina Del Rey 26 $917,000 $900,000 1.9%
Palos Verdes Estates 37 $1,515,000 $1,430,000 5.9%
Playa Del Rey 24 $615,000 $711,000 -135%
Rancho Palos Verdes 56 $1,100,000 $990,000 11.1%
Redondo Beach 106 $844,500 $722,000 17%
San Pedro 67 $449,250 $425,000 5.7%
Torrance 148 $579,000 $560,000 3.4%
 Westchester 26 $900,000 $797,000 12.9%
in Hermosa Beach, Hollywood Riviera, Manhattan Beach, Market Trends, North Redondo Beach, Palos Verdes, Palos Verdes Estates, Rancho Palos Verdes, Rolling Hills, Rolling Hills Estates, San Pedro, South Redondo Beach, Torrance Posted by Keith Kyle

Is $1.2M the New Normal for New Construction 2 on a Lot Redondo Townhomes?

***Please note that this post was from 2015 and new construction two on a lot townhomes are now generally priced over $2.1…..

By Keith Kyle

Two new Amir Amiri townhomes hit the market this week in North Redondo Beach at a fairly incredible $1,200,000 price tag.  It wasn’t long ago that we were fairly amazed to see these North Redondo Beach new construction detached townhomes near the $1.0M mark but that sounds like a bargain just 18 months later.  The most recent closed sales priced at $1.050M with the latest listings priced at $1.2M.  These two on a lot townhomes n both North and South Redondo have continually increased in value over the past 2 years and has created high demand from builders for larger lots with smaller or tear down type homes.

in Market Trends, New Construction, North Redondo Beach, Townhomes Posted by Keith Kyle
6439-Denmead-Lakewood

An Abundance of New Listings in The TRW Tract of North Redondo Beach

By Keith Kyle

Bucking the trend of just about everywhere else in the Beach Cities, the small pocket in North Redondo Beach known as the TRW Tract has seen an abundance of new listings come to the market in the past few weeks.  As of March 12th there are 4 active single family homes for sale and one home currently in escrow.  What makes the TRW area unique, especially for North Redondo, is that the zoning only allows for single family homes so there are no townhomes or condos giving it a very nice community feel.6439-Denmead-Lakewood

in Communities, Market Trends, North Redondo Beach, TRW Tract Posted by Keith Kyle

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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.