Some great new listings in San Pedro – Palisades and South Shores Area

There have been some very charming homes on the market lately in the neighborhoods of Palisades and South Shores in San Pedro CA.   One of the more interesting possibilities is the ocean front home located on the bluff at 1311 Paseo Del Mar.  This one story Cape Cod home features a very large and open floorplan with panoramic ocean and coastline views.

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Palisades

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I found a home to show you!…..how showing homes has changed in this market

It wasn’t long ago that a client wanting to look at homes in the South Bay often meant a day long journey of looking at the abundance of available homes and trying to narrow down which one had the fewest objections to the buyer. As there were so many homes on the market, and every day meant new options, buyers could lose interest over the smallest details.

My how things have changed. Now when a client calls to say they want to look at all of the homes in their price range there are few, if any to see. The excitement comes now when you can say, “I found one!” and you actually have a home to show. It’s certainly never a dull moment in real estate and maybe someday there will be a more balanced market…I’ve been told they once existed.

To see the latest chart showing a good example of how there’s nothing to see visit lack of starter homes for sale in Redondo Beach post.

Keith Kyle realtor for sale sign

Want to Know Why You Can’t Find a South Bay Home?

If you’re like many South Bay home buyers, you’re probably experiencing theKeith Kyle realtor for sale sign frustration that so many others are….there are no homes to buy.  With this incredibly low inventory the few homes that do come on the market don’t last more than a few days and often sell for prices that would have been a major challenge just a few months ago.  It might be temporary, but back are the days of multiple offers, conditions favorable to the sellers, offers over the list price and a number of cash buyers to compete with.  Inventory just keeps going down with fewer and fewer available homes to by.  If it’s hard to picture just what’s happening the chart below couldn’t be clearer.  The light green bar shows the number of active homes for sale in the cities of El Segundo, Gardena, Harbor City, Hawthorne, Hermosa Beach, Lawndale, Lomita, Manhattan Beach, Palos Verdes Estates, Palos Verdes Peninsula, Rancho Palos Verdes, Redondo Beach, Rolling Hills, Rolling Hills Estates, San Pedro, Torrance.  The teal columns show sold homes and the red bar shows the pending home sales.

Redondo Beach real estate trends

Home Listings on the Decline in the Beach Cities Area

Beach Cities Real Estate Market UpdateThe Village condos at sunset

Home Listings on the Decline

The number of frustrated South Bay home buyers (and buyers agents) continues to rise as the inventory of available homes in the South Bay and Beach Cities continues to decline with a multi year low for the month of October.  October closed out with 224 active homes for sale in Manhattan Beach, Hermosa Beach, Redondo and El Segundo which was dramatically lower than any other month and down over 50% from last September.  Currently there are 216 homes for sale with the downward trend appearing to continue.  Pending sales were on the rise as well with October closing with  180 homes in escrow.  That’s an unbelievable ratio of active to pending sales and something not seen in many years.  Click here to view the current homes for sale or to see October 2012 home sales per city.

 

 

 

Hermosa Beach Sand Section Real Estate Update

The Hermosa Beach sand section has continued to be an incredibly hot market with inventory low, sales up and prices seeming to rise quickly.  Currently there are 15 active listings with almost all being standard sales as the inventory of foreclosure and short sale listings have almost completely disappeared.

Active listings as of 10/29/12.  For up to date information view our Hermosa Beach sand section listings.

Below is a list of the pending home sales in the sand section of Hermosa Beach as of October 29th, 2012.  Currently 13 homes are in escrow with the lowest price being a short sale condominum located beach front at 72 The Strand (priced dramatically too low) and the highest price being a single family home at 718 The Strand (on the corner of 35th and Hermosa Ave) priced at $6,300,000

MLS# Type Address Price Br/Ba Year Sq Feet
S709685 CONDO/A 447 HERONDO ST #103 $ 525,000 2/2,0,0,0 1978/ASR 1398
P836326 CONDO 320 HERMOSA AV #204 $729,000 2/2,0,0,0 1972/ASR 1049
S12044286 CONDO/A 1300 The Strand #305 $850,000 1/1,0,0,0 1998/ASR 469
V12114260 SFR/D 1635 Palm DR $950,000 2/0,2,0,0 1920/ASR 1002
S12113824 SFR/A 516 24th ST $995,000 2/1,0,1,0 1962/ASR 1302
S12124273 SFR/A 421 Gould AV $1,000,000 3/1,0,0,0 1955/ASR 1018
SB12132957 TWNHS/D 233 Lyndon ST $1,099,000 3/2,0,1,0 2006/BLD 2000
SB12129991 SFR/D 1617 Hermosa AV $1,100,000 2/1,1,0,0 1912/ASR 960
12620619 SFR/A 304 MANHATTAN AV $1,199,000 2/2.00 1948 1496
S12090810 TWNHS/D 836 Bard ST $1,359,000 4/3,1,0,0 2007/ASR 2120
S12105793 TWNHS/D 842 Bard ST $1,389,000 4/3,0,1,0 2007/ASR 2120
SB12131835 TWNHS/D 446 Bayview DR $1,485,000 3/4,0,0,0 1998/ASR 2199
SB12131502 TWNHS/A 900 Manhattan AV $1,539,000 4/4,0,0,0 2001/ASR 2322
SB12133012 SFR/D 2412 Silverstrand AV $1,649,000 3/1,2,0,0 1964/ASR 2224
S12072991 SFR/D 3501 Manhattan AV $1,699,000 3/2,0,0,0 1975/ASR 1903
Y1204492 SFR/D 229 24TH ST $1,799,000 4/3,0,1,0 1996/ASR 3211
S12114109 SFR/A 18 5th ST $2,199,000 3/4,0,0,0 2010/SLR 2155
S12075202 SFR/D 2448 Silverstrand AV $2,689,000 6/4,0,1,0 2001/ASR 4234
S12123796 SFR/D 2240 Monterey BL $3,100,000 4/2,2,0,0 1991/ASR 4080
S12069957 SFR/D 43 20th ST $4,395,000 6/5,0,1,0 2002/ASR 3669
S12123299 SFR/D 412 The Strand $4,875,000 5/2,2,1,0 1929/ASR 3833
S12118481 SFR/D 108 35th ST $4,950,000 4/2,1,1,0 2013/SLR 4000
golden hills redondo

North Redondo Beach Real Estate and Homes for Sale

Welcome to real estate in North Redondo Beach 90278

By Keith Kyle

Life in the Beach Cities of Manhattan Beach, Hermosa Beach and Redondo Beach has it all…..wonderful weather, great neighborhoods, proximity to the beach, award winning schools and more. Along with all of the wonderful aspects comes a lofty price tag as the demand for homes in the area, even in today’s market, remains high. The most affordable area in the Beach Cities is known as North Redondo. Redondo Beach is broken into the two main areas of North and South Redondo and the dividing line is generally along 190th Street. What makes the area more affordable is the abundance of different types of housing options not found as frequently as in other nearby areas. Home options range from single family homes on oversize lots, to a multitude of townhome options, to various condominum complexes.

golden hills redondo

View current North Redondo Listings

Keith Kyle, with Vista Sotheby’s International, specializes in fine north Redondo Beach properties. Let us be your Golden Hills, Golden Triangle and TRW tract realtors and experience our impeccable service, knowlege of Redondo Beach and Torrance, and the South Bay.

Ideally located just east of Manhattan Beach and Hermosa Beach, the areas of North Redondo Beach offer more affordable housing options than it’s neighbors to the west while still offering excellent schools, proximity to the beach, and charming neighborhoods.

Located along some of Southern California’s finest beaches, Redondo Beach has something to offer everyone. Bordered by the Palos Verdes Peninsula to the south, Hermosa Beach to the north, and Torrance to the east, Redondo Beach offers great schools, proximity to the beach, and an abundance of activities. Some highlights include ocean activities and dining at King Harbor, great shopping in the Riviera Village, the Redondo Beach pier, and nature walks at Wilderness Park.

Current Homes for Sale in North Redondo Beach 90278

ARE YOU INTERESTED

IT'S TIME TO DISCOVER

redondo beach

Vista Sotheby's International

Vista Sotheby’s International Realty is one of the top real estate brokerages in the South Bay and Southern California with offices in Redondo Beach and throughout the South Bay

ADDRESS:

1801 S Catalina Ave, Redondo Beach, CA 90277

Phone:

310.251.2344

E-mail:

keith.kyle@vistasir.com

CONTACT AGENT

DRE#01712785

keith kyle

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Sotheby's International

Welcome to Sotheby's International Realty representing buyers and sellers of fine South Bay and Southern California properties

Redondo Beach Real Estate & Homes. All rights reserved. Information deemed reliable but not guaranteed

Keith Kyle – Licensed Realtor – Vista Sothebys International Realty – DRE#01712785

The listing information set forth on this site is based upon information which we consider reliable, but because it has been supplied by third parties to our franchisees (who in turn supplied it to us), we cannot represent that it is accurate or complete, and it should not be relied upon as such. The offerings are subject to errors, omissions, changes, including price, or withdrawal without notice. All dimensions are approximate and have not been verified by the selling party and cannot be verified by Sotheby’s International Realty Affiliates LLC. It is recommended that you hire a professional in the business of determining dimensions, such as an appraiser, architect or civil engineer, to determine such information. Sotheby’s International Realty ® and the Sotheby’s International Realty Logo are service marks licensed to Sotheby’s International Realty Affiliates LLC and used with permission.