Tag: redondo beach real estate
How Does Redondo Beach Real Estate Market Compare with 2022?
Take a look below at how the real estate market in Redondo Beach for the first 3 months of 2023 compared with the first quarter of 2022. It’s been a much slower start to the year thus far with only 97 sold homes in Q1 compared with 150 during the same months in 2022. There have been 132 homes that have gone into escrow compared with 189 last year. The number of active Redondo Beach homes for sale changes daily but as of the end of March it was at 60 which is up so the slower market can’t all be attributed to the lack of inventory.
2022 Redondo Beach Real Estate Recap – By the Numbers
What a year it was for home sales and home prices in Redondo Beach CA. There were 658 condos, townhomes and homes sold during 2022.
The median sales price was an impressive $1,450,000 and average price per square foot was $849.
Homes averaged only 18 days on market before going into escrow.
