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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.
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
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.
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.
The December numbers are in and if there was any thought that the real estate market in Redondo Beach was leveling the numbers certainly say otherwise. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing Broker has attempted to offer accurate data, but buyers are advised to confirm all data provided. Housing is generally the biggest monthly cost that you would need to account for. The average rent in Redondo Beach (located in Los Angeles-Long Beach-Glendale Metro Div.) metro area for a 2-bed home is $2,717, which is 132% more than the average rent across the US.
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.
Some of the hottest neighborhoods near Redondo Beach, CA are North Redondo Beach, South Redondo Beach, Westchester, Northwest Torrance, Playa del Rey. Homes for sale in Redondo Beach, CA have a median listing home price of $1,475,000. There are 111 active homes for sale in Redondo Beach, CA, which spend an average of 76 days on the market.
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