Information is critical when considering buying or selling a home and we hope that the information below will provide some insight into what is happening in the Redondo Beach real estate market.   Our first chart below shows the level of homes for sale as well as pending home sales and closed home sales by month for the past 12 months.

Homes currently active on the market are represented by the light green bar,  pending home sales represented by the teal bars and sold/closed listings are represented by the red line.

 The above chart represents the current months of unsold inventory based on the number of closed sales

The above chart tracks current list prices in relation to current sales prices.   As the lines get closer together it is a strong indication that we are moving into a sellers market.

About the author
Keith Kyle
Keith Kyle is a top real estate professional in Redondo Beach, Hermosa Beach, Torrance and Manhattan Beach with South Bay Brokers. He specializes in working with first time buyers and sellers of fine Redondo Beach properties. Keith has been a top realtor in Redondo since 2007 and his extensive local market knowledge as well as his marketing expertise has helped clients throughout Redondo Beach

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