Posts Tagged ‘redondo beach homes for sale’

Redondo Beach Real Estate Market Update March 2015

Saturday, April 18th, 2015

March was a totally awesome month for Redondo Beach real estate investing!  All major indicators were positive and total sales increased 97.6%

03-2015   RB sales  M-to-M

The market median sales price jumped 8% to post a $65K increase month-over-month.

03-2015   RB median sales price  M-to-M

Another double-digit gainer was the sales/listing ratio, which climbed 86.1% to end March at 68.1%.

03-2015   RB sales-listings ratio  M-to-M

Finally, the year-over-year months of inventory data point reveals a 21+% drop in active listings.

03-2015   RB months of inventory  Y-to-Y

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

Redondo Beach Real Estate Market Update February 2015

Tuesday, March 17th, 2015

Overall the Redondo Beach real estate market was quite active in February producing 41 closed escrows.

02-2015   RB sales  M-to-M

Month-over-month the market median sales price held strong losing a marginal 0.6% or $5K in February.

02-2015   RB median sales price  M-to-M

Trending slightly negative, however, is the sales/listing ratio, which dropped 22.8% month-over-month landing at 36.6% in February.

02-2015   RB sales-listings ratio  M-to-M

Last, the months of inventory rose 28.6% to end February indicating a rise in housing availability.

02-2015   RB months of inventory  Y-to-Y

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

Redondo Beach Real Estate Market Update January 2015

Monday, February 16th, 2015

Whoever said the winter-holiday season slows down real estate activity failed to exclude Redondo Beach from the generalization; January numbers reflect 46 closed escrows for the highly coveted beach community.

01-2015   RB sales  M-to-M

Also trending strong is the market median sales price, which according to the MLS ended the month at $815K.

01-2015   RB median sales price  M-to-M

Further reinforcing data in support of stability and growth is the sales/listings ratio, which posted a respectable 47.4% for the month.

01-2015   RB sales-listings ratio  M-to-M

Finally, year-over-year inventory numbers are down which explains to some extent increases in listing prices.

01-2015   RB months of inventory  Y-to-Y

Redondo Beach Real Estate Market Update December 2014

Tuesday, January 13th, 2015

The Redondo Beach real estate market produced 70 closed escrows for December 2014.  – Impressive!

12-2014   RB sales  M-to-M

Also holding strong was the market median sales price, which dropped a few thousand to end at $767.5K as compared to November’s $785.K.

12-2014   RB median sales price  M-to-MMost remarkable, however, is the sales/listing ratio which climbed to 82.4% to close out December.

12-2014   RB sales-listings ratio  M-to-M

Last, year-over-year the months of inventory dropped indicating the market needs more property owners contemplating selling to get off the fence and list their home today!

12-2014   RB months of inventory  Y-to-Y

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

Redondo Beach Real Estate Market Update November 2014

Friday, December 19th, 2014

According to the MLS, a total of 59 residential properties sold in the Redondo Beach market during the month of November.

11-2014   RB sales  M-to-M

Holding relatively stable is the median market sales price, which is averaging about $792K for the last 3 months.

11-2014   RB median sales price  M-to-M

The sales/listing ratio is also relatively constant with minimal fluctuations month-over-month since July.

11-2014   RB sales-listings ratio  M-to-M

Last, the months of inventory analysis reveals a fairly consistent supply of 2014 inventory.

11-2014   RB months of inventory  Y-to-Y

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