Our MLS database updates every 15 minutes. Homes in Redondo Beach receive 3 offers on average and sell in around 36 days. Learn about the Redondo Beach, CA housing market through trends and averages. 2 Bedroom Homes. The average price of homes sold in Redondo Beach, CA is $ 1,085,000. That is why we put real estate listings for hundreds of Redondo Beach homes for sale at your fingertips from across the entire Los Angeles area. The median home value here in Redondo Beach is $1,035,000. With the houses for sale in Redondo Beach having listing prices that range between $400,000 to upwards of $1,000,000, the properties in Redondo Beach CA have several options to offer any homebuyer. 51%. This Los Angeles housing market is a particularly difficult and challenging one. Offering comprehensive real estate services in Redondo Beach and surrounding markets. Redondo Beach Median Home Price: $1,095,000 (updated April 2019). Find the newest Redondo Beach homes for sale and real estate listings below updated daily from the largest MLS in Los Angeles County. Learn about the Redondo Beach, CA housing market through trends and averages. Redondo Beach Real Estate Listings & Homes for Sale Research Redondo Beach real estate market trends and find homes for sale. Knowledge and research is half of the battle in real estate. Right now, there are 176 homes listed for sale in Redondo Beach, including 23 condos and 0 foreclosures. 4+ … "Buyers think because we're in the midst of COVID-19,... Redondo Beach Patch, 9h. Search Redondo Beach Homes For Sale Fast and Easy. Redondo Beach Real Estate Market Trends and Statistics. Own. 2019 was considered to be a ‘corrective’ or ‘normal’ market that would cool off the hot “seller’s market” that we had for the 2017 and 2018. We'll be happy to provide it! See Homes in Neighborhoods Near Redondo Beach, CA. See Redondo Beach real estate market trends at a glance with Guaranteed Rate's Market Research Center. 3 Bedroom Homes . That was the bad news….. Based on the housing stock, population density, and the proximity of amenities of the area. With mortgage rates predicted to remain low (according to bankrate.com), more millennial buyers will pursue homeownership as rent prices remain high. County. Prospective homebuyers looking to purchase a single-family home can expect listing prices in the low $600's. Home Prices in Redondo Beach in North Redondo Beach is home to some of the most affordable Redondo Beach houses for sale. Redondo Realtor. Cities such as Hawthorne, Torrance, and Carson will serve as the perfect markets for those wanting to stay near the beach and maintain a manageable monthly payment while taking advantage of historically low interest rates. C. Based on home values, property taxes, housing costs, local schools, and more. There may be an opportunity out there for those that are well-educated, and fully understand the new financial landscape of the local rental market. The Redondo Beach real estate market continues to amaze! Included below are homes for sale in North Redondo Beach. View 160 homes for sale in Redondo Beach, CA at a median listing price of $1,245,000. Redondo Beach, CA is a seller's market in September 2020, which means that there are more people looking to buy than there are homes available. Stop by the office and experience the California's Real Estate Matchmaker way of Redondo Beach area real estate. This trend favors wealthy investors in the area. The median rent price in Redondo Beach is $3,650 per month. Homes are typically worth $928/sqft. Median sales price $1,120,000. Housing. by Allie April 10, 2020. Riviera. This content is restricted to site members. Real Estate Market Trends in Redondo Beach, CA Century 21 estimates the median home price in Redondo Beach is $1,372,000. Here is a quick and straightforward look at what we see for the Redondo Beach real estate market in 2020. The real estate market of Redondo Beach has also been affected. Redondo Beach Homes for Sale. See Homes in Neighborhoods Near Redondo Beach, CA. Specializing in the South Bay homes for sale and the Los Angeles County real estate market, you have found your realtor resource for buying and selling your next home. There is no “bubble” to burst in 2020, although there are affordability challenges that face California residents that aspire to be homeowners. July 20, 2020 By admin. Chances are very strong that even though many properties are selling at their previous highs these homes will only go higher. The average price of homes sold in Redondo Beach, CA is $ 1,085,000. Click here to sign up. Commercial properties are also available. Redondo Beach Real Estate Market: Trends for 2020, Tips for Getting Approved to Lease a Home with No Credit, 5 Factors that Affect the Sales Price of your Home. Sellers that are willing to negotiate aggressively will be best served in a market that is not soaring upward. Redondo Beach real estate in the 2nd quarter was really the tale of 2 cities (or sets of statistics) From a sales standpoint the market saw a dramatic slowdown and only 138 homes sold in April, May and June, compared with 269 the year earlier. There are 160 active homes for sale in Redondo Beach, CA, which spend an average of 62 days on the market. The trend in prices overall has been steadily upward during this period. Strand Hill Christies International Real Estate, The median price for homes in all of Redondo Beach rose, A slight downward trend in the median price began in early 2019, leaving it at, See all the details and all of the listings in the, Plan your open house visits by reviewing our complete list of. See all the details and all of the listings in the latest Redondo Beach Real Estate Market Update (5/6/19). In May, C.A.R. Homes for sale in Redondo Beach, CA have a median listing price of $1,245,000. See homes for sale. Be the first to know about our exclusive off-market properties, new listing, marketing reports and other cool stuff happening in the South Bay. Sign In ... She ensures to make the complicated real estate transactions as easy as possible for her clients." Redondo Beach Real Estate Market Update (5/6/19), Redondo Beach Real Estate Market Update (4/22/19), Redondo Beach Real Estate Market Update (4/15/19), Redondo Beach Real Estate Market Update (4/8/19), Redondo Beach Real Estate Market Update (4/1/19), Redondo Beach Real Estate Market Update (3/25/19), Redondo Beach Real Estate Market Update (3/18/19), Redondo Beach Real Estate Market Update (3/10/19), Redondo Beach Real Estate Market Update (3/4/19), Redondo Beach Real Estate Market Update (2/25/19), Redondo Beach Real Estate Market Update (2/18/19), Redondo Beach Real Estate Market Update (2/11/19), Redondo Beach Real Estate Market Update (2/4/19), Redondo Beach Real Estate Market Update (1/28/19), Redondo Beach Real Estate Market Update (1/21/19), Redondo Beach Real Estate Market Update (1/14/19), Redondo Beach Real Estate Market Update (1/7/19). It’s hard not to think of laid back beach living when thinking of Redondo. MLS listings. It's listed at $949K. Real Estate Market Trends in Redondo Beach, CA. 2.84% change since last quarter Redondo Beach Median Home Price: $1,095,000 (updated April 2019) The median price for homes in all of Redondo Beach rose 77% from January 2012 to November 2018, from $635,000 to $1,125,000. Many homeowners (3.8%) are in financial trouble because they owe to financial institutions more than the present value of their home. The dividing line is 190th for the most part and the primary difference is that South Redondo Beach extends all the way to the beach, whereas North Redondo sits just east of Hermosa Beach and Manhattan Beach and doesn’t have the same “beach” feel to it. See 43 Homes. We can provide you with disclosures, past sales history, dates and prices of homes recently sold nearby, and more. Redondo Beach Real Estate. Based on the housing stock, population density, and the proximity of amenities of the area. Approximately 46.98% of Redondo Beach homes are owned, compared to 45.73% rented, while 7.28% are vacant. Search all homes for sale in Redondo Beach, CA. The average sale price of a home in Redondo Beach was $1.2M last month, up 16.2% since last year. Community, Real Estate. We will see short-term trends in response to new rent control laws and election results but should see the year-end with a still strong and even more confident housing market. Prices vary by individual areas and regions of Redondo Beach. Area Feel. Zillow has 113 homes for sale in Redondo Beach CA. This gorgeous Redondo Beach home just hit the market. We have houses for sale, real estate property. Call Beach City Backes realtors now! The housing bubble bursting in 2008 would be the most recent exception to that statement. Mid-level markets in the South Bay will benefit from this influx of young buyers, will the beach cities will continue to level off into next year. Redondo Beach Neighborhoods . With a population of 67,412, 27,621 total housing units (homes and apartments), and a median house value of $1,061,637, Redondo Beach house prices are not only among the most expensive in California, Redondo Beach real estate also is some of the most expensive in all of America. Own. The city of Torrance has a monthly median rent price of $3,200. Los Angeles County, California is home to some of the best beach cities you’ll ever visit. Phone Number Need to reset your phone number? North Redondo Beach homes have easy accessibility to both … Townhomes, Condominiums, Houses, Single Family SFR. Redondo Real Estate | Sell Your Home Quick | Real Estate Home Buyers. Redondo Beach Real Estate Market. We can provide you with disclosures, past sales history, dates and prices of homes recently sold nearby, and more. Homes are typically worth $928/sqft. CALIFORNIA — … Let's take a look at November's sales. presented by Ellis Posner Whether this is your first time or you’ve been here before, thanks for visiting and welcome to Redondo Beach Real Estate. Redondo Beach Real Estate Market Conditions. Coldwell Banker estimates the median home price in Redondo Beach is $1,369,000. While real estate trends and statistics don’t completely predict where things are going, the right information can certainly help make educated decisions and make the process of potentially buying or selling a house less stressful. The strength of our real estate market and home values is primarily tied to the availability of high paying jobs in Los Angeles County. This year will see buyers, sellers, and investors become closer aligned with perceived value. Don’t be afraid to negotiate aggressively as these areas will still be favorable to buyer leverage. CALIFORNIA — Coronavirus has touched every corner of life in California, and the real estate market is no exception. With things continuing to cool off, homes for sale in Redondo Beach will most likely take a little longer to sell than the current average of 50 days on the market (according to Zillow.com). Redondo Beach Real Estate Market. Affordability of Living in Redondo Beach, CA. The local market remained steady in 2019, while still providing great opportunities for homeowners and investors alike. Considering the current and forecasted trends, it is safe to say that overpriced homes will get even less interest this year. See homes for sale. View pictures, get detailed property information, and save your favorite listings. Luxury Real Estate for sale. Redondo Beach, CA Real Estate Trends. Affordability of Living in Redondo Beach, CA. Redondo Beach, California real estate market statistics are calculated by Movoto every day from various sources so that you can stay up-to-date with trends in the Redondo Beach homes for sale market. Real Estate Market Trends in Redondo Beach, CA Coldwell Banker estimates the median home price in Redondo Beach is $1,369,000. Welcome to Redondo Beach Welcome to real estate in the city of Redondo Beach. Manhattan Beach has a median rent price of $7,000 and Hermosa Beach is at $5,900. We will see short-term trends in response to new rent control laws and election results but should see the year-end with a still strong and even more confident housing market. Very rarely do things change “overnight” in any given real estate market. Accessing real estate listings and homes that are up for sale in Redondo Beach, CA is easy because in our search area shown above, we categorize real estate and homes based on location, price, and the number of bedrooms and bathrooms. The sales of multi-unit properties will soften greatly during the first six months of this year as investors get their bearings on how the new rent control standards will affect their investments. With 2020 being an election year, there undoubtedly will be a portion of our local buyers and sellers that feel uncertain about the state of our economy based on how things shake out. C. Based on home values, property taxes, housing costs, local schools, and more. Commercial properties are also available. All indicators suggest that the current home sales market in our local area is moderate, but cooling. Our love for the communities we live and work in are why we do what we do. Getting The Best ROI And Selling Your House Fast. Redondo Beach Real Estate Market Trends and Statistics Knowledge and research is half of the battle in real estate. "Liz is a pleasure to work with. Riviera. If you’re interested in our properties, promotions, or special events, please subscribe to our site by entering your email address below to continue. Search for new homes, open houses, recently sold homes and reduced price real estate in Redondo Beach. The Redondo Beach housing market is very competitive. Redondo Beach Real Estate Market. Redondo Beach Real Estate Market Three Months ending September 2020. Approximately 46.98% of Redondo Beach homes are owned, compared to 45.73% rented, while 7.28% are vacant. Included below are homes for sale in Redondo Beach. We want to take a bold step further and make a prediction for local real estate in 2020. We expect the annual appreciation of single-family homes to dip to around 3% this year. It's listed at $949K. Listed Around: $1.10M. Research Redondo Beach real estate market trends and find homes for sale. Redondo Beach is a beach community just south of Hermosa Beach and west of Torrance. Redondo Beach, CA Rentals**: Homebuyers should expect to have a little more competition from investor buyers when submitting offers on single-family homes. Market Reports; Home Value; Investment; For Lease; About; Blog; Login. Right now, there are 202 homes listed for sale in Redondo Beach, including 27 condos and 0 foreclosures. It's listed at $949K. Not unlike home buyers, it will be important to focus on mid-level markets and to get fully educated about AB1482. The South Redondo Beach real estate market is home to The Avenues, the Riviera Village, Hollywood Riviera and the Esplanade. If you are considering the purchase of multi-unit property for rentals, the controlled income potential versus the income potential of affordable single-family homes are will not be affected by AB1482. Redondo Beach real estate listings include condos, townhomes, and single family homes for sale. Redondo Beach is a decidedly white-collar city, with fully 90.45% of the workforce employed … For more information about homes for sale in Redondo Beach, or to schedule a private tour, contact our expert Redondo Beach real estate agents today. Source: All data is from the California Regional Multiple Listing Service, INC., InfoSparks © 2018 ShowingTime, compiled for a custom presentation by South Bay Confidential. Call Beach City Backes realtors now! According to NeighborhoodScout.com, some of the highest home value appreciation for Redondo Beach is in areas around Grant Avenue & Inglewood Avenue as well as S. Pacific Coast Hwy & Topaz St. With a strong and well established real estate market like the one we have in South Bay, there are few local and economic factors that would greatly swing things one way or another. The good news is that […] Redondo Beach Home Sales and Prices for June. Redondo Beach real estate market continued the trend towards stable prices and higher sales volume. Urban Suburban Mix. This new ‘rent-control’ standard for multi-family units is sure to cause investors to reconsider whether to purchase more multi-unit rental properties or instead put their investments towards **single-family homes that don’t fall under the ‘rent control’ laws of AB1482. Redondo Beach, CA Real Estate Trends. Summary The Redondo Beach real estate market gained momentum in May as total sales increased 22.2%, the median sales price improved 12.6%, the sales-listing ratio climbed 45.6%, and the median days to sell dropped 47.4%. The average sale price per square foot in Redondo Beach is $603, up 3.3% since last year. Fairly priced homes will still see a nice pool of interest from potential homebuyers. With massive year over year growth in home prices, falling inventory, and buyers buying any properties that hit the market … About Redondo Beach Real Estate and Neighborhoods. Redondo Beach home prices are not only among the most expensive in California, but Redondo Beach real estate also consistently ranks among the most expensive in America. Redondo Beach is the king of those beach cities. 49%. Families, couples, and single folks love the welcoming atmosphere, and the incomparable Pacific Ocean views from cliffs, beaches, and homes. A slight downward trend in the median price began in early 2019, leaving it at $1,095,000 in April 2019. The South Redondo Beach Real Estate Market Amenities, and attractions in South Redondo Beach. The Movoto Advantage. El Nido Real Estate Search. Rent. This will be no different in 2020. See Homes in Neighborhoods Near Redondo Beach, CA. The average sale price per square foot in Redondo Beach is $603, up 3.3% since last year. Homes in North Redondo are in very high demand throughout the entire spectrum of price points and property types. Redondo Beach has a strong real estate market that will remain steady for the foreseeable future. Redondo Beach is a decidedly white-collar city, with fully 90.45% of the workforce employed in white-collar jobs, well above the national average. Home; About; Anti-Spam Policy; Contact; Home ; Full Market Value, Getting It Sold, Selling Your Home. Movoto gives you access to the most up-to-the-minute real estate information in Redondo Beach. Redondo Beach has a strong real estate market that will remain steady for the foreseeable future. The Redondo Beach real estate market experienced a 5 percent ($49,500) jump in median home sales during the preceding year. For the Best in Los Angeles Home Seller Representation. Many buyers, sellers, agents, and appraisers consider me to be the local expert but I’ll leave that to you to decide. There is an opportunity for everyone in 2020. Each data point represents a full "rolling" 12 months' worth of median price data for the period leading up to that point. Redondo Beach's Real Estate Market Snapshot In the past 12 months, the price of homes sold in Redondo Beach ranged between $545,000 and $2,600,000. California's Real Estate Matchmaker is a licensed Broker in the state of CA and is a leading authority on Redondo Beach, CA area real estate. Redondo Beach Real Estate Market Report with Latest Data on Residential Trends If you would like more information on any of these Redondo Beach real estate listings, just click the "Request More Information" button when viewing the details of that property. From a real estate perspective, Redondo Beach is generally broken down into two distinct areas….North Redondo and South Redondo. Email. Some might think home prices would be low due to the pandemic — but instead, you couldn't be further from the truth. The median price for homes in all of Redondo Beach rose 77% from January 2012 to November 2018, from $635,000 to $1,125,000. posted by: Stopher Cavins We expect to see very quickly how investors choose to behave in our local real estate markets in response to the new laws. 310-866-7598 Sign in to your account. Right now, there are 176 homes listed for sale in Redondo Beach, including 23 condos and 0 foreclosures. Average price was $613,17 The decline of interest rates for borrowers will help to keep buyer interest high for appropriately priced homes. Redondo Beach CA Real Estate for Sale. Browse the residential real estate listings below to find your perfect single family home in the South Bay. Plan your open house visits by reviewing our complete list of Redondo Beach Open Houses. Hire an experienced real estate agent that has worked in similar market conditions in order to help increase your buyer pool by making your home as attractive as possible to ‘well-leveraged’ buyers. Redondo Beach is the largest of the beach cities of the South Bay, with over 69,000 people calling the city home. Home Prices in Redondo Beach. Redondo Beach, CA real estate features a range of homes, which include everthing from large houses to small condos to stacked townhomes. Get fascinated with beautiful homes for sale in Palos Verdes, Redondo Beach condos for sale and other LA real estate. Prospective homebuyers looking to purchase a single-family home can expect listing prices in the low $600's. Home prices are still at an all-time high but have recently appreciated at a slower rate over the past 12 months. In Redondo Beach, 0.4 % of homes are still under delinquent mortgages which are less than the national value of 1.1%. Every neighborhood in Redondo Beach is covered, and if houses in Greater Los Angeles interest you, we offer access to those homes as well. Best Fitness Apps For 2021: Stay Healthy And Connected. Redondo Beach Homes for Sale. Easy to communicate with and genuinely cares about her clients." RE/MAX Estate Properties will help you find a home or Sell a Home in Redondo Beach - Torrance – Manhattan Beach – Hermosa Beach – Rancho Palos Verdes – Gardena – Lomita - El Segundo – Hawthorne – Palos Verdes Estates – Rolling Hills Estates – Hawthorne We are top real estate agent in South Bay area of CA. The trend in prices overall has been steadily upward during this period. Our team of Redondo Beach real estate agents will help you find your perfect home in Redondo Beach. View listing photos, review sales history, and use our detailed real estate filters to find the perfect place. Urban Suburban Mix. Redondo Beach Residential Real Estate Market Conditions July 2017 2. In 1892, more millennial buyers will pursue homeownership as rent prices remain.! With Guaranteed Rate 's market research Center estate property 2020 for our housing markets over past. 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