Inventory on the Rise and Price Reductions More Common in the Golden Hills

The Golden Hills neighborhood of North Redondo Beach has seen inventory of unsold homes increasing over the past few months.  We’ve also noticed a trend of price reductions becoming more commonplace.  While some of this is simply due to some of the current homes for sale originally being priced too high, it may be the start of the market slowing a bit.  The prices in this part of 90278 have gone up so rapidly in the past few years that the increase was probably unsustainable.  Here is a look at the current homes for sale in the Golden Hills with 4 homes recently reducing their asking price.

Current Homes for Sale in the Golden Hills of Redondo Beach

Homes for Sale in the Golden Hills On the Rise

The housing inventory in the Golden Hills is on the rise.  It wasn’t long ago that the number of active listings in the Golden Hills of Redondo Beach was down to two. With the uncertainty created by the coronavirus and the impacts on the economy, homes in certain neighborhoods are starting to sit for a while.
The Golden Hills  sits just east of Hermosa Beach and South of Manhattan Beach, is one of those areas.
As of 6/4 there are now 11 homes on the market in this small pocket of Redondo Beach with at least one more coming soon.

If you would like to know about new Golden Hills homes when they hit the market….we would love to help.  FREE listing update alerts emailed directly to your inbox.

Current Golden Hills Redondo Beach Home Listings

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Home Spotlight – Nice Starter Home at 1809 Phelan in North Redondo

1809 Phelan Lane, Redondo Beach $819,000

Back on the market and at a much better price… This single family home in north Redondo was recently on the market for $899,000 and didn’t sell. They just brought it back at a much more appealing $819,0000. This is a fairly common layout for smaller homes in Redondo Beach and you’ll see this same looking home in the Golden Hills and scattered throughout the area. 1809 Phelan was extensively remodeled and and offers 3 bedrooms and 1 bath with approximately 912 square feet.

1809 Plelan, Redondo Beach

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No Shortage of $1.0M+ Homes in the Golden Hills of Redondo Beach

By Keith Kyle

The Golden Hills of Redondo Beach was always the most affordable way of owning a good sized single family home.  Prices over $1,000,000 were rare and were saved for really special homes.  That’s all changed and sales of well over $1,000,000 are becoming commonplace.  Since December of 2015 there have been 10 homes that have come on the market above $1.0M.  The demand for the neighborhood remains very high and with most homes offering about 1850 square feet, buyers are still eager to purchase the larger or newer homes in the area.

Golden_Hills_Homes_Over_$1,000,000

Current homes for sale over $1,000,000 in the Golden Hills

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See all Real estate matching your search.
(all data current as of 10/27/2021)

Listing information deemed reliable but not guaranteed. Read full disclaimer.

 
 

Just Sold – 1637 Armour Lane in the Golden Hills of Redondo Beach

By Keith Kyle1637_Armour_Ln_front5 copy

**this home has sold**  View the current homes for sale in the Golden Hills of Redondo Beach**

Located on an oversized 4,100 foot lot, this charming and updated Golden Hills home is far from ordinary. The curb appeal couldn’t be better….from the white picket fence, to the large front yard with environmentally friendly turf, to the updated exterior with a charming porch, smooth stucco to the manicured landscaping. As charming inside as out the home offers gleaming hardwood floors, recessed lights, remodeled kitchen and 3 bright bedrooms. Enter the home to a warm 1637_Armour_Ln_living1nowiresand inviting living room with large windows and an abundance of natural light. Directly off of the living room you’ll enter the remodeled kitchen with stainless appliances, granite countertops, tile floors and an adjacent dining area overlooking the front yard. Featuring 3 bright bedroom and 2 remodeled bathrooms with a coastal inspiration. The largest bedroom also offers direct sliding doors to the huge grassy backyard and flagstone patio. Yards generally don’t exist in the Golden Hills and 1637 Armour offers large front and rear yards. All of this located on a quiet one way street in the Jefferson Elementary district of Redondo and just a short drive to King Harbor, the Redondo pier and one mile to the beach.

See our Golden Hills Real Estate site for more information on this coming soon listing or contact listing agent and Redondo Beach realtor Keith Kyle.

  • 3 Bed/2 bath
  • 4100 Sq Ft Lot
  • 1048 Sq Feet
  • Large Backyard
  • Great Location
  • 1 car garage
  • Remodeled
  • Fenced front yard with turf
  • Hardwood floors

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