Market Report on Condo Homes for Sale West of PCH in Redondo Beach

By
Real Estate Agent with Sand to Sea Properties, Inc. BRE #01862676

Market Report on Condo Homes for Sale West of PCH in Redondo Beach 8-2014

market report condo homes for sale redondo beach ca august 2014 view ocean sand townhome search home for sale

The market for condo homes for sale in Redondo Beach West of PCH is pretty balanced, with just twice as many on the market as sold in the prior month (July 2014).  For someone who wants to search for a condo west of PCH, this is good news!  While some listings that are priced about 10% below a "comparable" price are fetching bidding wars among buyers, a buyer going after a condo that is priced higher may find him/herself as the only offer on the table, a much stronger position for a buyer!  

For sellers, the good news is that there are buyers in this market.  There are still inland markets where too much inventory came on the market since last year's run-up in prices, and the buyers are mostly on the sidelines.

To search condos for sale on the west side of PCH in Redondo Beach, or of course anywhere in this locality, you can click the market report graphic above in this blog post, or contact me directly to get automatic emails daily or immediately with all listings meeting your search criteria.  The MLS data is really the data you want because it is as real-time market data as you're going to find.  Going to some other listing aggregator website (zillow, trulia, even Realtor.com or the smaller ones) takes you at least a half day to 3 days behind in data, because those websites aggregate the data on a time-delayed schedule.  If you want to see listings faster than or as fast as other buyers in the market do, you need the immediate search notifications from the MLS.  Contact me or my sister/assistant Lisa to get that set up.

To see a certain property's value based on current internet data, try our valuation website or click:

market report home for sale redondo beach valuation website 

Posted by

Sincerely,

Laura Buchanan

We believe education and experience matter, and we work to advance your interests.  You can count on us to provide you with top notch service

Information is general and may not address your particular situation.  Do not rely solely on this or any information you find on the internet.  You should consult relevant professionals directly about your situation.

 

 

 

Hermosa Beach, Manhattan Beach, and Redondo Beach cities of the South Bay, including homes for sale, market reports, SFR condo townhome duplex triplex fourplex beachfront rent sell manage, on the Strand and in the Sand, Hill and surrounding neighborhoods, with an emphasis on confidential, trustworthy and discreet representation with legal training and investment property ownership experience, working for you.

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Rainmaker
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Kevin J. May
Florida Supreme Realty - Hobe Sound, FL
Serving the Treasure & Paradise Coasts of Florida

Laura, good to read how you addressed the AVM portals and their purported accuracy for use as a a "real-time" search tool.    

Aug 10, 2014 11:34 PM #1
Rainmaker
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Jennifer Shenbaum
Jennifer Buys Houses - Redondo Beach, CA

Would you say inventory is pretty low, even if it is balanced?

Apr 11, 2015 10:45 AM #2
Rainer
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Laura Buchanan
Sand to Sea Properties, Inc. - Los Angeles, CA
Professional, Trusted, Confidential

Hi Jennifer -- Yes, the inventory is relatively low even though the Active, Pending and Sold figures are in a healthy balance.  I looked at your website -- great video explaining jenniferbuyshouses.com!

Cheers!

Apr 11, 2015 12:19 PM #3
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Rainer
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Laura Buchanan

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