Table of Content
Homes in Redondo Beach are staying on the market for 0 days on average. Find a top agent with a proven track record of selling homes faster than their peers or who can help you find your dream home, no matter how quickly their market moves. The real estate market continued to show strong numbers in Redondo Beach CA with 88 home sales and a median home price of $785,000. Housing inventory remained low and demand continued to be strong in Redondo. July was a crazy month throughout the South Bay with double digit year over year percentage changes in most of the cities.
The viewer is prohibited from copying, redistributing or retransmitting any of the data or information provided by MLSListing, Inc. Use our cost of living calculators to assess how much you’ll need to earn to live comfortably in key cities. Everything you need to know about local demographics, nearby schools, public transport, market trends, and more.
Redondo Beach Real Estate Market Recap – June By the Numbers
To be included in this dataset, a Redfin.com user must have viewed at least 10 homes in a three month period. The average homes sell for around list price and go pending in around 39 days. The average homes sell for about 1% below list price and go pending in around 37 days. The average homes sell for about 1% below list price and go pending in around 39 days.
The April home sales numbers and median prices were once again impressive in Redondo Beach and throughout most South Bay cities. Some cities saw a drop in median prices from the previous year but all are still trending upwards from 2015. The cost of living index is set to 100 for the average place in America. An index above 100 means Redondo Beach is expensive, while a number below 100 means it's a relatively cheap place to live. Work with a top Redondo Beach real estate agent to figure out the best selling strategy and start bidding wars on your home.
Lomita Median Home Prices
Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Total monthly expenditure you can expect to incur depends on the cost of housing, food, utilities, transportation, healthcare, other miscellaneous goods and services. Note that your household composition and home ownership status (renting vs. owning) might affect your monthly expenses. Create an account to save and share your favorite homes and searches.
Most other South Bay cities also saw some significant year over year increases in prices with the exceptions being Torrance, Marina Del Rey and Playa Del Rey. To see the actual homes sales in each city visit our recent home sales price and information site. The numbers for March are in Redondo Beach saw another solid month with89 homes sold in Redondo Beachand 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.
New Listings in North Redondo Beach
The average sale price per square foot in North Redondo Beach is $735, up 8.4% since last year. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
Take a look below at the median home prices in the various cities of the South Bay. For more detailed trends and stats on the real estate market, view our South Bay real estate trends and statistics page. Recently sold homes in Redondo Beach, CA had a median listing home price of $1,475,000. There were 330 properties sold in Redondo Beach, CA, which spent an average of 76 days on the market.
New Listing in One South – High End Condos in Redondo
Housing swings affordability the most between places in California, so we broke down the statistics around housing costs into more detail. It's also important to consider median household incomes to make apples-to-apples comparisons across locations. According to the most recent data on the cost of living, Redondo Beach has an overall cost of living index of 189 which is 1.9x higher than the national index of 100. Visit our Seller Resource Center, backed by top agents, data analysis, and rigorous research. Visit our Buyer Resource Center for the latest home buying advice from top real estate agents across the country.
See the chart below for the December home sales numbers for Redondo Beach and the South Bay for December of 2015. The offerings are subject to errors, omissions, changes, including price, or withdrawal without notice. Sotheby’s International Realty ® and the Sotheby’s International Realty Logo are service marks licensed to Sotheby’s International Realty Affiliates LLC and used with permission.
December saw 76 closed home sales in Redondo Beach with an average sales price of $931,000 and a median price of $836,000. A cost of living calculator helps you to assess how much you will need to make in order to live comfortably in a specific city. It takes into account various expenses that you will make in your daily lives (on housing, food, utilities, transportation, entertainment, etc.) and helps you determine a livable salary. The prices of goods and services vary in different cities, and hence having a cost of living index or calculator can make the decision to move easier by allowing you to directly compare one city with another. The cost of living index for housing estimates the cost of housing in Redondo Beach to be 230.1% of the national average. The real estate market in Redondo Beach really picked up the pace with 74 on MLS homes closing escrow during the month, compared to the 37 homes that closed escrow in February.
However, this average takes into account both metro and suburban areas. So, the costs may go up or down depending on which neighborhood you eventually decide to stay. The median household income in a city certainly helps gauge the cost of living.
Flood risk data is provided by Risk Factor™, a product of the nonprofit First Street Foundation. Risk Factor™ is a peer reviewed scientific model, designed to approximate flood risk and not intended to include all possible risks of flood.
The average “list” price for the homes that sold was $1,514,688 with the average sold price at $1,626,255 meaning that, in general, homes sold WAY higher than the list price. The average price per foot was $952 and median days on market was and extremely brief 7 before going into pending status. See how that compares with other months on our Redondo Beach real estate market trends and statistics page. Keep informed on the price of Redondo Beach homes and know what direction the real estate market is heading. See below for the median price of South Bay Homes in October and see the change in average home price from 2011. Average home prices based on one month of information can vary quite a bit based on a number of factors but the information can show an overall housing market trend in Redondo Beach.
No comments:
Post a Comment