South Bay Real Estate Blog

South Bay Real Estate Blog - Market Reports, Real Estate News and South Bay Lifestyles

South Bay Real Estate Blog Close
Page Summary

South Bay Real Estate Blog

Redondo Beach Real Estate Report

Redondo Beach real estate market is hot! Homes prices continued to rise in 2nd Qtr '17.  As the Redondo Beach median home price trend graph below shows, the upward trend continues. Average selling price increased by 2 %, from $1,062,624 last quarter to $1,083,903 12 months ago. Sales went down from 273 to 256. Mortgage interest rates remained low, helping home buyers and investors. Low inventory of available homes and condos for sale in Redondo Beach CA continued to put pressure on prices. Multiple offers are a common occurrence.  Below I provided the stats and graphs to illustrate the Redondo Beach real estate market data in detail.  Currently, there are 181 homes listed for sale in Redondo Beach.  The lowest home is

112 Views, 0 Comments.

Torrance Real Estate Report - 2nd Qtr '17 vs. 2nd Qtr '16

Whether you're buying or selling real estate in Torrance or surrounding South Bay areas, it's always helpful to be current with local real estate trends. Please come back to my blog for further updates on our local Torrance area real estate market. Torrance home prices went up by 9% in 1st qtr 2017, when compared with the same period last year. Torrance market remains hot, with rising prices and sales only limited by the low inventory. It is a good news for the home sellers, who now enjoy record prices and are able to cash in on the equity in their properties. 

Average selling price went up from $647,999 in the first quarter last year to $708,861 this year -  9% price increase y-o-y.

99 Views, 0 Comments.

55+ Senior Condo Update

Torrance area is famous for 55+ condo communities. Located in Torrance, Redondo Beach and Palos Verdes, our senior communities have plenty to offer to active seniors - resort style amenities such as community centers, pools, spas, golf, tennis and more. I have helped many seniors over the years to relocated from other states as well as our local South Bay communities, usually when they're ready to downsize. Our senior communities vary in prices, age, size, location. As an example, the oldest one - New Horizons - has a great community, suburban feel, with a lot of greenery, golf course, tennis and very active community center. Or, you may prefer a newer community, such as Breakwater Village in Redondo Beach or Parkview Court in

760 Views, 0 Comments.

Redondo Beach Home Prices

Redondo Beach homes prices continued to rise in 1st Qtr '17.  As the Redondo Beach median home price trend graph below shows, the upward trend continues. Average selling price increased by 8 %, from $995,887 last year to $1,070,764 12 months ago. Mortgage interest rates remained low, helping home buyers and investors. Low inventory of available homes and condos for sale in Redondo Beach CA continued to put pressure on prices. Multiple offers are a common occurrence.  Below I provided the stats and graphs to illustrate the Redondo Beach real estate market data in detail.  Currently, there are 155 homes listed for sale in Redondo Beach.  The lowest home is listed at $405,000 and the highest at $16M. This shows the diversity of

227 Views, 0 Comments.

Torrance Real Estate Report - 1st Qtr '17 vs. 1st Qtr '16

Torrance home prices went up by 4% in 1st qtr 2017, when compared with the same period 12 months ago. So the headline could be - Torrance homes prices continue to rise. It's certainly a good news for the home sellers, not so much for the buyers. Below is the full quarterly report.

Average selling price went up from $634,623 in the first quarter last year to $657,623 this year -  4% price increase y-o-y.  Interest rates remained very low, around 4%, helping home buyers and investors. Low inventory of available homes for sale in Torrance CA continued to put pressure on prices, limiting the number of sales.  Below I provided the stats and graphs to illustrate the Torrance real estate market,

222 Views, 0 Comments.

Redondo Beach Home Prices & Market Report

February recorded another jump in Redondo Beach homes prices. Please refer to the Redondo Beach median home price trend graph below for details. Average selling price increased by 8%, from $983,425 in February last year to $1,064,136 this year.  Mortgage interest rates are historically low helping home buyers and investors. Also the prospect of rising rates in the coming months creates the urgency for home buyers Low inventory of available homes for sale in Redondo Beach CA continued to put pressure on prices, setting new highs.  Below I provided the stats and graphs to illustrate the Redondo Beach real estate market in detail.  Today, there are 139 homes listed for sale in Redondo Beach.  The lowest home is

254 Views, 0 Comments.

Torrance Real Estate Report

How is the Torrance market? Both real estate sellers and buyers often ask this question. I hope my monthly report will help answer this important question and assist you in deciding if this is a good time for you to buy or sell homes or their real estate investment properties in the Torrance CA area.

Get your Free Home Evaluation and find out what your home is worth in today's market. This report is complimentary and can be delivered directly to your mailbox without talking to an agent.  Or, if you prepare, we can meet and discuss the market and the value of your home at your convenience.

Torrance CA homes prices rose again in February. Average selling price went up from $596,946 last year to $650,878 this year - which

233 Views, 0 Comments.

SENIOR 55+ CONDO FOR SALE AT BREAKWATER VILLAGE

I just listed this beautiful 2 bedroom 2 bath Breakwater Village condo. 

Top Floor, 2 Bd unit in the Luxurious 55+ Community of Breakwater Village! This condo is in pristine condition. The Kitchen comes complete w/Stainless Steel Appliances. High end finishes, including Granite counter-tops in the Kitchen and Bathrooms, Hardwood flooring in the Kitchen and Entry way, Carpet in Living Room and Bedrooms. Large Balcony, Walk in closet, Laundry inside, A/C, located close to the elevator, parking and additional storage. Community Room with a State of the Art Gym, Pool, Outdoor Fireplace and BBQ to enjoy! You will be steps away from shopping, freeways and minutes to the Beach.

Price - $430,000

Call

334 Views, 0 Comments.

Redondo Beach Home Prices

Redondo Beach homes prices went up again in January. As the Redondo Beach median home price trend graph below shows, the upward trend continues. Average selling price increased by 15%, from $959,475 in January last year to $1,105,356 this year.  Mortgage interest rates are historically low, around 4%, helping home buyers and investors. Low inventory of available homes for sale in Redondo Beach CA continued to put pressure on prices, setting new highs.  Below I provided the stats and graphs to illustrate the Redondo Beach real estate market in detail.  Today, there are 117 homes listed for sale in Redondo Beach.  The lowest home is listed at $399,000 and the highest at $16M. This shows the diversity of the Redondo Beach real

329 Views, 0 Comments.

Torrance Home Prices

How is the Torrance market? People who think about buying or selling often ask this question. I hope my monthly report will help answer this important question and assist you in deciding if this is a good time for you to buy or sell real estate in the Torrance area.

Get your Free Home Evaluation and find out what your home is worth in this market.

Torrance homes prices went up again in January. Average selling price from $651,338 last year to $699,682 this year - which is the 7 percent price increase. Interest rates are still very low, around 4%, helping home buyers and investors. Low inventory of available homes for sale in Torrance CA continued to put pressure on prices.  Below I provided the stats and graphs to illustrate

223 Views, 0 Comments.