Special offer

Redondo Beach Real Estate Report for 2016

By
Real Estate Broker/Owner with Broker California Lic 01485187

Redondo Beach Real Estate in 2016

Real estate market in Redondo Beach CA numbers have gone up againe.  Home prices and sales went up.  One of the contributing factors were low mortgage rates and increased loan availability. Redondo Beach homebuyers often competed for houses and condos, pushing prices further up.  We continued to be in the seller's market due to the low inventory and low interest rates.  Average Redondo Beach home price went up by 10%; number of sales remained steady, restrained only by very low inventory. The lowest home sold at $300,000, the highest at $5.3M. Here is more information on Redondo Beach home sales, trends, average price. 

Redondo Beach Real Estate  2016 2015 Difference
No. of sales  937  961  +2%
 Average Sales Price  $1,031,278  $937,394  +10%
 Average Days on Market  42  73  -6%

Real estate is local. Price changes vary from a neighborhood to a neighborhood, from South Redondo to North Redondo Beach.  If you're thinking about selling, contact me anytime with questions or to get a free home evaluation

 
 
Redondo Beach is one of the "Beach Cities" of the South Bay Region of the greater Los Angeles area. Redondo Beach is popular among those who enjoy coastal living, being in the sun and near the ocean. Redondo Beach is much more - it is family friendly, with safe, children friendly neighborhoods and excellent schools. Close proximity to downtown LA, LAX airport, make Redondo Beach even more attractive. Redondo offers a variety of neighborhoods, from downtown Riviera to Golden Hills and more..

Real Estate Statistics Today 1/27/17

Total Listings: 122
Average Price: $1,440,340
Highest Listing Price: $16,000,000
Lowest Listing Price: $415,000

Redondo Beach Real Estate Report

Posted by

If you are Buying, Selling or Relocating to the South Bay Los Angeles area and need help from the experienced, professional REALTOR®, I would be happy to assist you! Call (310)918-5027 or visit my South Bay real estate website for Free property searches and to sign up for free listing alerts, Redondo Beach, Torrance, Beach Cities real estate resources Free Home Evaluation and more!  Find me online:

  GooglePlus iconFacebook iconTwitter iconYoutube iconLinkedIn icon

Will Nesbitt
Nesbitt Realty at Condo Alexandria - Alexandria, VA
Nesbitt Realty is a family-run brokerage.

Real Estate Agent with The Real Estate Group Krystyna Baty dial (310) 918-5027 from Torrance, CA.

Jan 27, 2017 09:24 AM