Posts Tagged ‘redondo beach homes for sale’

Redondo Beach Real Estate Market Update June 2014

Thursday, July 17th, 2014

The Redondo Beach real estate market produced 64 sales in June, which is almost on par with the 65 recorded during May.

06-2014   RB sales  M-to-M

Of particular interest, however, is the 15.4% increase in the market median sales price, which bumped up to $819,550 in June from $710,000 in May.

06-2014   RB median sales price  M-to-M

Equally reassuring is the 20.5% plus improvement in the sales/listing ratio, which reveals buyers and sellers remain willing to fairly negotiate during the sales process.

06-2014   RB sales-listings ratio  M-to-M

Finally, the year-over-year months of inventory stat communicates a relatively comparable trending pattern for June 2014 when compared to June 2013.

Redondo Beach Real Estate Market Update May 2014

Monday, June 16th, 2014

According to the MLS, the Redondo Beach real estate market produced 65 residential property sales in May.

05-2014   RB sales  M-to-M

Reinforcing this strong trending performance the market median sales price closed the month at $710K.

05-2014   RB median sales price  M-to-M

Of the 164 active listing in May 65 sold, which produced a 39.6% sales/listing ratio.

05-2014   RB sales-listings ratio  M-to-M

Last, the months of inventory stat revealed a bump to 2.5 in May 2014 compared to 2.0 in May 2013.

05-2014   RB months of inventory  Y-to-Y

To get the complete Redondo Beach market report for May please contact Hady at  or click here to submit a request.

Redondo Beach Real Estate Market Update April 2014

Saturday, May 31st, 2014

Residential real estate sales activity for Redondo Beach during the month of April produced 75 closed escrows, which is almost equal to the month previous.

04-2014   RB sales  M-to-M

Similarly, the median market sales price dropped by a marginal 4.7% to $724K.

04-2014   RB median sales price  M-to-M

Likewise, the sales/listing ratio closely mirrored stats produced in March.

04-2014   RB sales-listings ratio  M-to-M

Last, total inventory increased slightly compared to the month previous yet, from a year-to-year perspective, buying activity has improved considerably.

04-2014   RB months of inventory  Y-to-Y

To get the complete Redondo Beach market report for April please contact Hady at  or click here to submit a request.

Redondo Beach Real Estate Market Update March 2014

Monday, April 7th, 2014

Total sales for the Redondo Beach real estate market nearly doubled in March with 79 closed escrows reported.

03-2014   RB sales  M-to-M

Even the year-over-year median sales price saw in increase of 17.3% or $111,850K.

03-2014   RB median sales price  Y-to-Y

Of course, all this encouraging news wouldn’t be complete without mentioning a surge in new listings in 2014 compared to this time last year.

03-2014   RB active listings  Y-to-Y

Finally, the year-over-year months of inventory data shows properties continue to move at the same pace in March of 2014 of they did in March of 2013.

03-2014   RB months of inventory  Y-to-Y

Redondo Beach Real Estate Market Update February 2014

Monday, March 10th, 2014

MLS data shows 44 residential properties closed escrow in Redondo Beach during the month of February. Although this figure is slightly down compared to last month, which recorded 49 sales, overall market activity is positive and is expected to improve.

02-2014   RB sales

Another stat trending somewhat downward is the year-to-year median sales price, which was $720K in Feb 2013 but dropped to $718K in Feb 2014.

02-2014   RB median sales price

Although active listings dropped to 142 in Feb 2014 from 151 in Feb 2013, this data indicates listings are now selling faster – with few exceptions of course.

02-2014   RB active listings