Redondo Beach Real Estate for August 2018….by the numbers

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