Luxury living rooms in Redondo Beach

April 2016 Median Home Prices & Home Sales in Redondo Beach CA

By Keith Kyle

The April home sales numbers and median prices were once again impressive in Redondo Beach and throughout most South Bay cities. Some cities saw a drop in median prices from the previous year but all are still trending upwards from 2015.

Redondo saw 102 closed sales in April of 2016 with a median home price of $902,000.

Visit our South Bay real estate site to see the recent home sales in Redondo Beach and the South Bay.

City Homes Sold April 2016 Median April 2015 Median Year over Year % Change%
Carson 59 $426,000 $414,000 2.9%
El Segundo 13 $900,000 $787,000 14.3%
Gardena 39 $445,000 $395,000 12.7%
Harbor City 14 $517,000 $412,000 25.6%
Hawthorne 43 $552,000 $484,000 14%
Hermosa Beach homes 22 $1,333,000 $1,450,000 -8%
Lawndale 17 $400,000 $410,000 -2.4%
Lomita 19 $475,000 $485,000 -2.1%
Long Beach 331 $440,000 $425,000 3.5%
Manhattan Beach Homes 35 $2,200,000 $1,880,000 17%
Marina Del Rey 29 $874,000 $940,000 -7%
Palos Verdes Estates 41 $1,365,000 $1,537,000 -11.2%
Playa Del Rey 19 $705,000 $427,500 64.9%
Rancho Palos Verdes 46 $941,000 $1,040,000 -9.5%
Redondo Beach 102 $904,000 $844,000 7.1%
San Pedro 49 $490,000 $448,000 9.4%
Torrance real estate 147 $590,000 $590,000 0%
Westchester 32 $915,000 $873,000 4.8%
South Redondo homes

The Avenues of South Redondo a Hot Market

By Keith Kyle

We usually see a home or two on “The Avenues” hit the market each month, but in the past 2 days we’ve seen 4 new and fairly exciting listings hit the market.  The Avenues is the area towards the most southern part of Redondo Beach before the Hollywood Riviera in which the streets all have letter names….Avenue A, B, C….These streets have a very unique and “beachy” feel to them as you can often see the ocean, they are mostly original looking bungalow style homes, are a short walk to the beach and the Esplanade, and they are very close to the Riviera Village shopping area.

Click here to see all of the homes for sale on the Avenues of South Redondo Beach CA.

March 2016 Median Home Prices for Redondo Beach and the South Bay.

By Keith Kyle

The numbers for March are in Redondo Beach saw another solid month with  89 homes sold in Redondo Beach and a median home price of $893,000 which was slightly up from the previous month.  There is a healthy number of new construction projects coming out in both north and south Redondo which is helping keep the home prices up.

City Homes
Sold
March
2016 Median
March
2015 Median
Year
over Year % Change%
Carson 54 $447,500 $426,500 4.9%
El Segundo 10 $1,006,000 $849,000 18.5%
Gardena 58 $475,000 $403,500 17.7%
Harbor City 14 $450,000 $455,000 -1.1%
Hawthorne 36 $513,000 $642,000 -20.2%
Hermosa Beach 16 $1,183,000 $1,310,000 -9.7%
Lawndale 10 $385,000 $447,000 -13.9%
Lomita 11 $530,000 $481,000 10.1%
Long Beach 327 $478,000 $414,000 15.3%
Manhattan Beach 41 $2,275,000 $1,940,000 17.3%
Marina Del Rey 18 $1,025,000 $860,000 19.2%
Palos Verdes Estates 28 $1,355,000 $1,400,000 -3.2%
Playa Del Rey 18 $560,000 $546,000 2.6%
Rancho Palos Verdes 56 $1,156,250 $1,044,500 10.7%
Redondo Beach 89 $893,000 $862,000 3.7%
San Pedro  80 $554,000 $481,000 15.1%
Torrance 133 $615,000 $530,000 16%
Westchester 25 $910,000 $854,000 6.6%
Paseo De La Playa homes for sale

If oceanfront is what you’re looking for…..501 Paseo De La Playa

By Keith KylePaseo De La Playa homes for sale

I’ve been fortunate to represent a few clients on purchases or sales along Paseo De La Playa in the Hollywood Riviera and the locations is nothing short of spectacular.  Paseo De La Playa is the oceanfront street that connects Redondo Beach with the beginning of the Palos Verdes Peninsula and offers a lifestyle not found in many places.

The recent listing of 501 Paseo De La Playa is no exception.  This 5 bedroom, 3 1/2 bath home sits high on the bluff and offers mesmerizing views of the ocean, Palos Verdes and the beautiful coastline from Redondo to Malibu.

 

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%
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.

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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

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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

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