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