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February 2023 real estate market in Redondo Beach

How Does Redondo Beach Real Estate Market Compare with 2022?

Take a look below at how the real estate market in Redondo Beach for the first 3 months of 2023 compared with the first quarter of 2022.  It’s been a much slower start to the year thus far with only 97 sold homes in Q1 compared with 150 during the same months in 2022.  There have been 132 homes that have gone into escrow compared with 189 last year.  The number of active Redondo Beach homes for sale  changes daily but as of the end of March it was at 60 which is up so the slower market can’t all be attributed to the lack of inventory.

in Redondo Beach home prices, Redondo beach homes for sale, Redondo Beach real estate update Posted by Keith Kyle
Hermosa Beach homes

New Construction Townhomes in Redondo Average Almost $2.0M

It’s pretty hard to believe just how much townhome values have gone up over theHermosa Beach homes past few years.  We wrote a post back in 2018 asking if “$1.5M was the new normal for new construction townhomes?”  In 2015 we asked if $1.2M was the new normal and sustainable…..I guess we have our answer.

It seemed crazy at the time and unsustainable but here we are in 2023 and new construction townhomes in Redondo are averaging just under $2.0M.

If we eliminate the attached townhomes, the sales price of freestanding, detached townhomes averages almost $2.05M so far in 2023.  Incredible.

in Redondo Beach home prices, Redondo Beach Real Estate, Townhomes Posted by Keith Kyle
1108 Harper Redondo Beach

Redondo Beach Home Sales on the Rise in March

March 2023 Home Sales and Home Prices in Redondo Beach

43 Home Sales at an Average Price of $1,423,964

See the details and Redondo Beach home prices for March 2023.

It was a better month for Redondo Beach real estate with 43 home sales….but that was a big improvement from 33 in February and the record low 21 sales in January.

The average “list” price was $1,435,466 with the average sold price at $1,423,964 which meant that homes generally sold below the asking price.

Homes averaged $801 a square foot and averaged 51 days on market before going into pending status.

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307 Broadway Redondo Beach

March 2023 Redondo Beach Home Sales and Prices

Type Address Price $ Per Foot Bed/Bath Sq Feet Age
SFR/D 228 Via La Circula $1,830,000 $1,215 3/1,1,0,0 1506/A 1949/PUB
SFR/D 134 Via Pasqual $2,150,000 $1,277 3/2,0,0,0 1683/A 1954/ASR
SFR/D 211 Paseo De Gracia $2,175,000 $1,125 3/2,0,0,0 1934/A 1951/PUB
TWNHS/D 18510 Grevillea AVE $1,035,000 $657 3/2,0,1,0 1575/E 2019/PUB
SFR/D 2707 Ruhland $900,000 $791 2/1,0,0,0 1138/A 1929/ASR
TWNHS/A 2609 Nelson AVE #G $910,000 $703 2/2,0,0,0 1295/A 1976/ASR
TWNHS/A 2512 Mathews AVE #2 $955,000 $666 3/2,0,1,0 1433/A 1984/ASR
TWNHS/A 2000 Voorhees AVE #9 $1,030,000 $586 3/2,0,1,0 1758/A 1976/ASR
TWNHS/A 2106 Mackay LN $1,110,000 $749 3/2,0,1,0 1481/A 1988/ASR
SFR/D 2312 Graham AVE $1,160,000 $800 3/2,0,0,0 1450/A 1962/PUB
CONDO/A 2750 Artesia BLVD #252 $745,000 $557 3/1,1,0,0 1337/B 2007/ASR
CONDO 1910 Grant AVE #6 $850,000 $536 2/2,0,0,0 1585/A 1978/ASR
TWNHS 2016 Vanderbilt LN #4 $1,008,000 $688 2/3,0,0,0 1465/ 1980
TWNHS/A 2421 Marshallfield LN #3 $1,100,000 $692 2/2,0,1,0 1590/AP 1980/ASR
SFR/D 2120 Pullman LN $1,430,000 $1,247 3/2,0,0,0 1147/A 1956/ASR
TWNHS/A 2009 Huntington LN #A $1,535,000 $550 4/2,0,1,0 2791/A 2000/PUB
TWNHS/A 2317 Vanderbilt #C $1,730,000 $820 4/3,0,0,0 2110/B 2022/BLD
TWNHS/D 2308 Rindge LN $2,200,000 $744 5/4,0,1,0 2958/B 2022/BLD
TWNHS/D 2200 Voorhees AVE $2,319,000 $772 5/4,0,1,0 3003/B 2022/BLD
SFR/D 2201 Ripley AVE $3,020,000 $753 5/3,1,1,0 4008/A 2017/ASR
SFR/D 2720 185th ST $930,000 $899 3/1,0,0,0 1034/A 1955/ASR
TWNHS 609 Meyer LN #11 $979,550 $799 2/1,0,1,1 1226/ 1976
SFR/D 2617 Fisk LN $1,000,000 $1,089 3/1,0,0,0 918/A 1953/ASR
TWNHS/A 2509 190th ST #B $1,045,000 $601 3/3,0,0,0 1740/A 2006/ASR
SFR/D 2217 190th ST $1,075,000 $951 3/2,0,0,0 1130/A 1955/ASR
CONDO/D 18426 Mansel AVE $1,125,000 $571 3/3,0,1,0 1970/A 2007/PUB
SFR/D 2720 Spreckels LN $1,150,000 $746 3/2,0,0,0 1542/A 1955/PUB
SFR/D 1626 Goodman AVE $1,300,000 $954 3/2,0,0,0 1362/A 1953/ASR
SFR/D 1309 Clark LN $1,499,000 $674 3/2,0,1,0 2225/A 1989/ASR
SFR/D 1719 Haynes LN $1,566,000 $783 3/2,0,0,0 2000/S 1986/ASR
SFR/D 1617 Clark LN $1,700,000 $794 4/3,0,1,0 2142/A 2014/ASR
SFR/D 1702 Harper AVE $1,970,000 $705 4/4,0,0,0 2793/A 2006/ASR
SFR/D 1746 Carver ST $1,975,000 $839 4/3,0,1,0 2355/A 2016/ASR
TWNHS/A 110 S Prospect AVE #2 $1,122,000 $621 3/2,0,1,0 1808/A 1988/ASR
TWNHS/A 217 S Helberta AVE #4 $1,240,000 $615 3/2,0,1,0 2015/A 1981/ASR
SFR/D 523 N Paulina AVE $1,350,000 $1,264 3/1,0,0,0 1068/A 1951/ASR
CONDO/A 406 Avenue G #16 $1,190,000 $821 3/2,0,1,0 1449/A 1987/ASR
SFR/D 529 Avenue F $1,488,200 $695 5/3,0,0,0 2140/A 1958/ASR
SFR/D 916 Knob Hill AVE $1,525,000 $989 4/2,0,0,0 1542/A 1962/ASR
SFR/D 1027 Avenue A $3,500,000 $803 4/5,0,1,0 4359/OTH 2017
CONDO/A 660 The Village #306 $783,687 $1,266 1/1,0,0,0 619/A 1974/ASR
TWNHS/A 530 The Village #114 $1,200,000 $423 3/3,0,0,0 2839/A 1980/ASR
CONDO/A 520 The Village #412 $1,325,000 $647 2/2,0,0,0 2048/A 1980/ASR
Any information relating to a property referenced on this web site comes from CRMLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this website. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.
in Redondo Beach home prices, Redondo beach homes for sale, Redondo Beach Real Estate, Redondo Beach real estate update, Search for Homes, Vista Sotheby's International Realty Posted by Keith Kyle
630 The Village Redondo Beach

Finally some inventory in The Village of South Redondo Beach

By Keith Kyle

There hasn’t been much available in The Village condos in South Redondo Beach in the past few months but all of the sudden we have 3 units for sale.  2 of the units are one bedroom (by far the most common as every floor in each building only has 2 studios in the rear and 2 two bedroom which are always oceanfront…everything else is a one bedroom).

 

in 90277 homes for sale, Redondo beach homes for sale, Redondo Beach Real Estate, South Redondo Beach, The Village oceanview condos 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.