August was yet another big month as, much like the weather, the real estate market stayed very hot.  Below are the numbers that paint a pretty rosy picture of the market in this wonderful coastal city.

Active Homes For Sale (as of 8/30/18)

  • Number of homes for sale:  106
  • Highest Price:  $13,700,000
  • Lowest Price:  $415,000
  • Median Price: $1,215,000
  • Avg Price:  $1,517,000
  • Median Days on Market:  42
  • Avg Price per Sq Ft:  $662

Pending and homes in Escrow

  • Number of homes for sale:  77
  • Highest Price:  $2,795,000
  • Lowest Price:  $205,386
  • Median Price: $1,075,000
  • Avg Price:  $1,130,000
  • Median Days on Market:  29
  • Avg Price per Sq Ft:  $628

Closed home sales (for August)

  • Number of homes for sale:  83
  • Highest Price: $3,395,000
  • Lowest Price:  $399,000
  • Median Price: $1,165,000
  • Median Days on Market:  16
  • Avg Price per Sq Ft:  $628
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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