el segundo

July 2013 Home Sales in The South Bay – By the Numbers

July was a record month in many South Bay cities as we saw a multi year high number of new listings, pending homes sales and closed home sales. This may be the increase in home inventory that eventually balances the market as opposed to the drastic seller’s market at the moment.

El Segundo – Active Homes for Sale 18 – Pending Home Sales 14 – Closed home sales 16

Hermosa Beach – Active Homes for Sale 31 – Pending Home Sales 25 – Closed home sales 29

Manhattan Beach – Active Homes for Sale 68 – Pending Home Sales 37 – Closed home sales 45

Palos Verdes Estates – Active Homes for Sale 42 – Pending Home Sales 18 – Closed home sales 27

Rancho Palos Verdes – Active Homes for Sale 101 – Pending Home Sales 56 – Closed home sales 44

Redondo Beach – Active Homes for Sale 102 – Pending Home Sales 104 – Closed home sales 110

Torrance – Active Homes for Sale 159 – Pending Home Sales 129 – Closed home sales 158

in Communities, Golden Hills, Hermosa Beach, Manhattan Beach, Market Trends, North Redondo Beach, Opinion, Rancho Palos Verdes, South Redondo Beach, Torrance Posted by Keith Kyle

August 3, 2013October 19, 2022

Redondo Beach Weekend Open Houses

If you feel like a small diversion from the beach, take a look at many of the wonderful homes are currently for sale. There are plenty of open houses to take a look at this weekend in the cities of Manhattan Beach, Hermosa Beach, Redondo Beach and El Segundo. Click here to see this weeks open houses in the South Bay.

in Communities, Hermosa Beach, Hollywood Riviera, Homes, Manhattan Beach, North Redondo Beach, Ocean View Homes, Oceanfront Homes, San Pedro, South Redondo Beach Posted by Keith Kyle

June 2013 Home Sales in the South Bay

The June home sales numbers are in and once again it was a very big month for home prices as many areas reached multi year highs once again. The beach cities saw very high median home prices as many luxury properties sold at prices unseen in the past. Click on the links below to view the home sales for various South Bay cities.

June 2013 Home Sales
El Segundo
Gardena
Hawthorne
Hermosa Beach
Hollyglen
Hollywood Riviera
Lawndale
Manhattan Beach
Palos Verdes Estates
Rancho Palos Verdes
North Redondo Beach
South Redondo Beach
San Pedro
Southwood, West & South Torrance

in Communities, El Camino Village, Fusion South Bay, Golden Hills, Hermosa Beach, Hollywood Riviera, Homes, Manhattan Beach, Market Trends, North Redondo Beach, Rancho Palos Verdes, San Pedro, South Redondo Beach, Torrance Posted by Keith Kyle

Home Sales On the Rise in the Beach Cities

May 2013 was a big month for both the number of home sales and prices in the cities of Manhattan Beach, Hermosa, Redondo Beach and El Segundo. Both the number of sales and home prices were on the rise. The chart below paints a pretty clear picture that the number of homes for sale, as well as pending sales and closed home sales is on the rise. According to local real estate expert Keith Kyle, “as we see the inventory of new listings rise we should start to see the return of a balanced market. We had a very unusual turnaround in which we went directly from a buyers market to a sellers market and never really reached an equilibrium.”

View the homes sales by clicking any of the May 2013 home sale links below.

in Communities, El Camino Village, El Porto, Fusion South Bay, Golden Hills, Hawthorne, Hermosa Beach, Hollywood Riviera, Manhattan Beach, Manhattan Beach Hill Section, Manhattan Beach Sand Section, Manhattan Beach Tree Section, Manhattan Village, Market Trends, North Redondo Beach, Rancho Palos Verdes, San Pedro, South Redondo Beach, Torrance Posted by Keith Kyle

Are Foreclosure Opportunities a Thing of the Past?

As a short sale listing expert, I’ve tracked the number of foreclosures, meaning both short sales and bank owned homes (REOs) in the South Bay for the past few years. It wasn’t long ago that each month there would be consistently over 100 short sale homes listed in Torrance alone. That certainly isn’t the case any longer. As of April 10th 2013 only 29 short sales were on the market in the cities of Lawndale, Gardena, Manhattan Beach, Redondo, Hermosa, Palos Verdes, El Segundo, San Pedro and Torrance combined.

The chart above shows the number of active short sale listings, pending escrows and sold homes for each month in the cities mentioned above. The light green bar shows the active listings, dark green shows sold homes with the red line showing the pending or “in escrow” homes.

in Foreclosures, Market Trends Posted by Keith Kyle

November 29, 2012October 19, 2022

October 2012 Median Home Prices In Redondo Beach and South Bay

October 2012 South Bay Median Home Prices and Sold Homes

Keep informed on the price of Redondo Beach homes and know what direction the real estate market is heading. See below for the median price of South Bay Homes in October and see the change in average home price from 2011. Average home prices based on one month of information can vary quite a bit based on a number of factors but the information can show an overall housing market trend in Redondo Beach.

City	Homes Sold	October2012 Median	October2011 Median	Yearover Year % Change
Carson	56	$286,500	$300,000	-4.50%
El Segundo	11	$648,000	$348,500	85.94%
Gardena	58	$299,250	$260,000	15.10%
Harbor City	14	$337,500	$300,000	12.50%
Hawthorne	51	$360,000	$328,500	9.59%
Hermosa Beach	15	$835,000	$1,000,000	-16.50%
Lawndale	10	$252,500	$315,000	-19.84%
Lomita	13	$450,000	$392,500	14.65%
Long Beach	341	$302,750	$282,000	7.36%
Manhattan Beach	36	$1,137,500	$1,222,500	-6.95%
Marina Del Rey	36	$652,500	$590,000	10.59%
Palos Verdes Estates	31	$1,282,500	$1,000,000	28.25%
Playa Del Rey	16	$344,750	$335,000	2.91%
Rancho Palos Verdes	45	$870,000	$922,000	-5.64%
Redondo Beach	97	$700,000	$623,750	12.22%
San Pedro	55	$330,500	$345,750	-4.41%
Torrance	121	$467,000	$447,500	4.36%
Westchester	43	$627,000	$561,750	11.62%

in Communities, El Camino Village, Fusion South Bay, Golden Hills, Hermosa Beach, Hollywood Riviera, Manhattan Beach, Manhattan Beach Hill Section, Manhattan Village, Market Trends, North Redondo Beach, Rancho Palos Verdes, South Redondo Beach Posted by Keith Kyle

July 2013 Home Sales in The South Bay – By the Numbers

Redondo Beach Weekend Open Houses

June 2013 Home Sales in the South Bay

Home Sales On the Rise in the Beach Cities

Are Foreclosure Opportunities a Thing of the Past?

October 2012 Median Home Prices In Redondo Beach and South Bay

October 2012 South Bay Median Home Prices and Sold Homes

ARE YOU INTERESTED

IT'S TIME TO DISCOVER

redondo beach

Vista Sotheby's International

CONTACT AGENT

keith kyle

ENQUIRE

Sotheby's International