Search Redondo Beach homes by price range

By Keith KyleOceanfront Esplanade Homes

One of the most efficient ways of searching for homes is to see homes in your specific price range.  We’ve done the work for you and keep you updated on homes in various price ranges in Redondo Beach.  Want an even simpler way?  Take advantage of our FREE Redondo listing updates and we’ll customize a search just for you and send you daily notifications with new home listings.  Instead of searching the web, we’ll send emails with the latest homes for sale directly to you.

Search Redondo Beach Homes for Sale by Price Range

Brookside Village – South Redondo’s Most Affordable Address

Brookside  Village Condos in South Redondo Beach CABrookside Village Condos

Redondo  Beach has it all…..great weather, proximity to the beach,  charming downtown, and plenty of housing options. One of the most affordable places to live in South Redondo Beach  is Brookside Village located in the area where Prospect and Camino Real intersect. Brookside Village is a planned community  comprised of 385 condominium units in 32 buildings in a park like setting and located just a short distance to the beach.  The complex offers 2 pools, 3 Jacuzzis, 2 saunas, 2 tennis courts, a clubhouse, and a gym. Housing prices range from  the low $300,000 range for smaller 1 bedroom units to the low to mid $500,000s for 3 bedroom 2 bath condos. As the complex  was primarily built in the early 1970s some of the units are still original with many being totally upgraded and modernized.
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Current Brookside Village Condos for Sale

If it has a panoramic view why can’t I see it?

Working and living in a beach community, much of the appeal, and what buyers areRedondo Beach Oceanfront searching for are views of the ocean. Many listings tout their panoramic ocean views, whitewater views, Catalina views etc so why can’t I seem to find a picture of it? Buyers these days are savvy and understand that realtors often use words like cozy or quaint when they mean small, charming to mean original condition, etc. so when they can’t see the view, they just may not believe it has the view. We are not only selling homes in Manhattan Beach, but a lifestyle and if a picture is worth a 1000 words, this is a missed opportunity.

South Bay Home Listings On the Rise….As Well as Pending Sales and Sold Homes

First the good news for buyers.  The number of new listings has continued to increase for the past several months with monthly increases since January (March was an exception). Unfortunately that hasn’t meant finding a home is any easier as the increase in listings has also seen a significant increase in home sales and pending escrows. According to Keith Kyle, Realtor with South Bay Brokers in Manhattan Beach, “the increased number of listings is a good sign, but it hasn’t alleviated much of the pent up demand as

The chart above shows the number of active home listings, pending home sales (red line) and closed sales per month

Hermosa Beach Real Estate – By the Numbers

The below chart offers a quick overview of the real estate market in Hermosa Beach as of March 4, 2013.  The month of February saw 12 closed sales with 40 active homes for sale and 32 pending home sales in this small coastal community.  Prices are definitely on the rise and is the case with neighboring Manhattan Beach and Redondo Beach, inventory is at near record lows while demand remains very high.   Click here to view the recent Hermosa home sales by month, or the current MLS list of homes for sale in all areas of Hermosa Beach CA.  The active listings averages and median home prices are skewed somewhat by the oceanfront home for sale at 2666 The Strand priced at $14,250,000.

12 February Closed Sales
 List Price  ADOM  Selling Price  BR BA Year Built SqFt Lot SqFt
Min  $399,000 4  $  345,000 1 1 1929 450
Max  $4,975,000 1011  $ 4,600,000 5 5 2012 4,040 10,132
Avg  $1,541,167 116  $ 1,476,667 3 2.75 1978 1,929 4,008
Sum  $18,494,000  $ 17,720,000
40 Active Listings
 List Price  ADOM  Selling Price  BR BA Year Built SqFt Lot SqFt
Min  $335,000    1 1 1920 439 973
Max  $14,250,000 328    6 8 2013 7,000 43,536
Avg  $1,819,950 62    3 3.2 1982 2,117 9,278
Sum  $72,798,000   
32 Pending Sales
 List Price  ADOM  Selling Price  BR BA Year Built SqFt Lot SqFt
Min  $335,000 1    1 1 1924 440 1,007
Max  $3,289,000 321    4 5 2013 3,700 59,585
Avg  $1,025,369 64    3 2.61 1978 1,755 9,451
Sum  $32,811,800   

Home Listings on the Decline in the Beach Cities Area

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.

 

 

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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

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1801 S Catalina Ave, Redondo Beach, CA 90277

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keith.kyle@vistasir.com

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keith kyle

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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.