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Redondo Beach Market Stats in January

By
Real Estate Agent with eReal Estate Corp

In this report, for each area of Redondo Beach, I have collected the number of active listings, the number of homes in escrow, the number of homes sold, and then the minimum, median, and maximum price for active and sold properties.

A few points of interest that I noted while reviewing this data:

  • Sales in the North Redondo Beach areas of Villas North and South (151 & 152) have been especially brisk in the past month (or so).  In fact, in area 151, there is about 50% more homes in escrow than the average number of monthly closed transactions in that area.
  • There are 93 active properties in N Redondo, and 151 active listings in S. Redondo.  However N. Redondo sales in the last 6 months are at 190, and S. Redondo is at 122.  North Redondo activity is very obviously more brisk than S. Redondo.  A separate observation is that South Redondo listing prices are just now starting to come down.

This data is as of January 23, 2009.

Area 151 - N. Redondo Beach-Villas North

Total Active Listings: 27

In escrow: 18

Sold Homes (in last 6 months):  72

 

Minimum List Price:  $380,000

Median List Price:  $699,000

Maximum List Price:  $1,389,000

 

Minimum Sold Price:  $470,000

Median Sold Price:  $710,000

Maximum Sold Price:  $1,225,000

 

Area 152 - N. Redondo Beach-Villas South

Total Active Listings: 27

In escrow: 10

Sold Homes (in last 6 months):  68

 

Minimum List Price:  $299,900

Median List Price:  $629,000

Maximum List Price:  $1,199,000

 

Minimum Sold Price:  $337,000

Median Sold Price:  $690,000

Maximum Sold Price:  $1,215,000

 

Area 153 - N. Redondo Beach - El Nino

Total Active Listings: 21

In escrow: 3

Sold Homes (in last 6 months):  18

 

Minimum List Price:  $559,500

Median List Price:  $750,000

Maximum List Price:  $1,475,000

 

Minimum Sold Price:  $340,000

Median Sold Price:  $562,000

Maximum Sold Price:  $850,000

 

Area 154 - N. Redondo Beach - Golden Hills

Total Active Listings: 18

In escrow: 2

Sold Homes (in last 6 months):  32

 

Minimum List Price:  $475,000

Median List Price:  $749,500

Maximum List Price:  $1,194,000

 

Minimum Sold Price:  $480,000

Median Sold Price:  $657,500

Maximum Sold Price:  $1,100,000

 

Area 155 - S. Redondo Beach-N of Torrance Blvd

Total Active Listings: 38

In escrow: 7

Sold Homes (in last 6 months):  41

 

Minimum List Price:  $429,000

Median List Price:  $899,000

Maximum List Price:  $1,550,000

 

Minimum Sold Price:  $425,000

Median Sold Price:  $819,000

Maximum Sold Price:  $1,299,900

 

Area 156 - S. Redondo Beach-S of Torrance Blvd

Total Active Listings: 42

In escrow: 6

Sold Homes (in last 6 months):  37

 

Minimum List Price:  $305,000

Median List Price:  $745,000

Maximum List Price:  $2,349,000

 

Minimum Sold Price:  $330,000

Median Sold Price:  $770,000

Maximum Sold Price:  $2,125,000

 

Area 157 - S. Redondo Beach-W of PCH

Total Active Listings: 51

In escrow: 6

Sold Homes (in last 6 months):  44

 

Minimum List Price:  $317,500

Median List Price:  $1,099,000

Maximum List Price:  $4,990,000

 

Minimum Sold Price:  $365,000

Median Sold Price:  $750,000

Maximum Sold Price:  $4,700,000

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