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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.
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.
Palos Verdes Estates (PVE) Median Home Prices
There were 76 homes sold in November this year, down from 144 last year. January 2016 showed to be another strong month in the Redondo Beach real estate market with the median home price nearing almost $900,0000. Demand continued with no end in sight as homes often sold quickly and over their asking prices. Are you planning a move to Redondo Beach, CA and wondering if it is an expensive place to live in?
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.
March 2016 Median Home Prices for Redondo Beach and the South Bay.
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.
There was no real rhyme or reason to it with some cities way up and others way down. Redondo Beach real estate was one of the exceptions to the massive percentage changes with a very modest 6% increase in home prices over July of 2016. Overall Redondo Beach saw 95 home sales with a median price of $975,000. Most people think that the holidays are a down time in real estate….but that hasn’t been the case in Redondo Beach for the past few years and December 2015 was no exception.
Redondo Beach Median Home Prices
San Francisco homebuyers searched to move into Redondo Beach more than any other metro followed by Chicago and New York. Across the nation, 5% of homebuyers searched to move into Redondo Beach from outside metros. In Sep '22 - Nov '22, 20% of Redondo Beach homebuyers searched to move out of Redondo Beach, while 80% looked to stay within the metropolitan area. Fire risk estimates the risk of wildfires, based on the likelihood of burning in the future and the potential size and severity of a fire.
Redondo Beach is part of Los Angeles-Long Beach-Glendale Metro Div. Metro area, which is ranked 12 out of 273 cities across the US in terms of cost of living. According to C2ER , the cost of living in Redondo Beach is estimated to be 146.6% of the national average making it one of the more expensive cities in the US. The latest migration analysis is based on a sample of about two million Redfin.com users who searched for homes across more than 100 metro areas.
Homes in Redondo Beach receive 4 offers on average and sell in around 38.5 days. The average sale price of a home in Redondo Beach was $1.45M last month, up 15.1% since last year. The average sale price per square foot in Redondo Beach is $736, up 2.9% since last year. Homes in North Redondo Beach receive 1 offers on average and sell in around 49 days. The average sale price of a home in North Redondo Beach was $1.5M last month, up 16.7% since last year.
The average homes sell for about 2% below list price and go pending in around 49 days. Check out HomeLight’s Quarterly Top Agent Insights report, a national survey of over 500 top real estate agents. Hear what agents are saying across the country and make smarter decisions when buying or selling a home. The average home price in Redondo Beach for the homes that closed escrow during December was $930,840 with a median price of $836,250. Those are big numbers that still shows no sign of slowing or reversing.
Can sell for about 1% above list price and go pending in around 20 days. Flood risk in North Redondo Beach is increasing slower than the national average. Visit our South Bay real estate site to see the recent home sales in Redondo Beach and the South Bay. Redondo saw 102 closed sales in April of 2016 with a median home price of $902,000.
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.
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.
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