March 2016 Median Home Prices for Redondo Beach and the South Bay.
By Keith Kyle
The numbers for March are in Redondo Beach saw another solid month with 89 homes sold in Redondo Beach and a median home price of $893,000 which was slightly up from the previous month. There is a healthy number of new construction projects coming out in both north and south Redondo which is helping keep the home prices up.
| City | Homes Sold |
March 2016 Median |
March 2015 Median |
Year over Year % Change% |
| Carson | 54 | $447,500 | $426,500 | 4.9% |
| El Segundo | 10 | $1,006,000 | $849,000 | 18.5% |
| Gardena | 58 | $475,000 | $403,500 | 17.7% |
| Harbor City | 14 | $450,000 | $455,000 | -1.1% |
| Hawthorne | 36 | $513,000 | $642,000 | -20.2% |
| Hermosa Beach | 16 | $1,183,000 | $1,310,000 | -9.7% |
| Lawndale | 10 | $385,000 | $447,000 | -13.9% |
| Lomita | 11 | $530,000 | $481,000 | 10.1% |
| Long Beach | 327 | $478,000 | $414,000 | 15.3% |
| Manhattan Beach | 41 | $2,275,000 | $1,940,000 | 17.3% |
| Marina Del Rey | 18 | $1,025,000 | $860,000 | 19.2% |
| Palos Verdes Estates | 28 | $1,355,000 | $1,400,000 | -3.2% |
| Playa Del Rey | 18 | $560,000 | $546,000 | 2.6% |
| Rancho Palos Verdes | 56 | $1,156,250 | $1,044,500 | 10.7% |
| Redondo Beach | 89 | $893,000 | $862,000 | 3.7% |
| San Pedro | 80 | $554,000 | $481,000 | 15.1% |
| Torrance | 133 | $615,000 | $530,000 | 16% |
| Westchester | 25 | $910,000 | $854,000 | 6.6% |
Although it probably wouldn’t take much to turn the home into something fantastic, it’s hard to notice anything other than your reflection with the current situation. I’ve seen mirrors added to beach homes to reflect the views, or add some light, but when every surface is mirrored its like being in a carnival funhouse.
