Just like the rest of the Beach Cities, the Redondo Beach real estate market is on fire. August saw 113 home sales. Here’s a quick recap of the Redondo market based on todays date of 9/19/17:
Active Listings
Current active homes for sale: 111
Average list price: $1,887,000 (which is very skewed due to a $25M listing, $16M listing and $13M listing)
Median price of homes for sale: $1,199,000
Average list price without $25.0M, $16.0M and $13.0M listings: $1,440,000
Average days on market: 63
Highest price: $25,000,000
Lowest price: $469,000
Pending Sales
Number of pending home sales: 103
Average list price: $1,169,000
Median list price $1,049,000
Highest price: $4,999,000
Lowest price: $464,000
Closed Sales (past 30 days)
104 closed sales
Average list price: $1,188,000
Average sales price: $1,179,000
Median list price: $1,089,000
Median sales price: $1,073,000
Highest sale: $3,250,000
Lowest sale: $437,000
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
