Redondo Beach Real Estate in 2016

Redondo Beach real estate home prices, price trends, free home search, free home evaluation of your Redondo Beach home. Contact your Redondo Beach Realtor Krystyna Baty for expert advice today!

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Redondo Beach Real Estate in 2016

Posted by Krystyna Baty on Wednesday, January 25th, 2017 at 10:22am.

Redondo Beach Real Estate in 2016

Real estate market in Redondo Beach CA recorded rising home prices and increased home sales numbers.  Helped by low mortgage interest rates, Redondo Beach homebuyers often competed for houses and condos, pushing prices further up.  We continued to be in the seller's market due to the low inventory and "cheap" loans. Mortgage rates were and still are historically low, making home loans inexpensive.  Also, the lenders have increased the mortgage availability.  Average Redondo Beach home price went up by 10%; number of sales remained steady, restrained only by very low inventory. The lowest home sold at $300,000, the highest at $5.3M. Here is more information on Redondo Beach home sales, trends, average price. 

Redondo Beach Real Estate  2016 2015 Difference
No. of sales  937  961  +2%
 Average Sales Price  $1,031,278  $937,394  +10%
 Average Days on Market  42  73  -6%

Real estate is local. Price changes vary from a neighborhood to a neighborhood, from South Redondo to North Redondo Beach.  If you're thinking about selling, contact me anytime with questions or to get a free home evaluation.

Redondo Beach is one of the "Beach Cities" of the South Bay Region of the greater Los Angeles area. Redondo Beach is popular among those who enjoy coastal living, being in the sun and near the ocean. Redondo Beach is much more - it is family friendly, with safe, children friendly neighborhoods and excellent schools. Close proximity to downtown LA, LAX airport, make Redondo Beach even more attractive. Redondo offers a variety of neighborhoods, from downtown Riviera to Golden Hills and more..
 

Redondo Beach Real Estate Today 1/25/17

Total Listings: 117
Average Price: $1,447,687
Highest Listing Price: $16,000,000
Lowest Listing Price: $399,000

Redondo Beach Homes For Sale - Search By Price

All Listings $400,000 - $500,000 $500,000 - $600,000
$600,000 - $700,000 $700,000 - $800,000 $800,000 - $900,000
$900,000 - $1,000,000 Over $1,000,000
Krystyna Baty, experienced real estate broker, is committed to the highest standards of professional service for all your South Bay Real Estate needs. I pride in getting top dollar for our home sellers in the least amount of time. For our home buyers my team employs our extensive knowledge and experience to find the perfect home. If you would like more information in regards to buying or selling a home, please email or call me at (310)918-5027 today!

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