Posts Tagged ‘redondo beach homes for sale’

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.

Redondo Beach Real Estate Market Update October 2014

Tuesday, November 11th, 2014

Real estate activity for the Redondo Beach market was very active in October with a total of 79 closed escrows.

10-2014   RB sales  M-to-M

Another encouraging stat was the market median sales price, which increased $30K.

10-2014   RB median sales price  M-to-M

Also trending positive was the sales/listing ratio, which rose from 44.7% in September to 54.5% in October.

10-2014   RB sales-listings ratio  M-to-M

Finally, according to the MLS, the year-over-year months of inventory dropped about 20% from October 2013 to 2014.

10-2014   RB months of inventory  Y-to-Y

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

Redondo Beach Real Estate Market Update September 2014

Wednesday, October 8th, 2014

Overall, Redondo Beach real estate sales activity was about the same in September as compared to last month with a total of 71 closed escrows.

09-2014   RB sales  M-to-M

Subsequently the monthly market median sales price remained strong in September at $780K.

09-2014   RB median sales price  M-to-M

Therefore, considering the aforementioned, it is no surprise the sales/listing ratio held fairly steady in the mid 40% range.

09-2014   RB sales-listings ratio  M-to-M

Last, the year-over-year months of inventory analysis reveals a slight bump in 2014 to 2.2 months versus the 2.0 reported in 2013 by the MLS.

09-2014   RB months of inventory  Y-to-Y

Redondo Beach Real Estate Market Update August 2014

Tuesday, September 9th, 2014

Total average sales activity in Redondo Beach over the last 3 months is 75.67 with 73 successfully closed escrows recorded in August.

08-2014   RB sales  M-to-M

Also trending fairly average over the last 3 months is the market median sales price with $808K posted for August.

08-2014   RB median sales price  M-to-M

According to MLS data, it appears listings are up while sales remain steady as the sales/listing ratio decreased a few percentage points to 44.5%.

08-2014   RB sales-listings ratio  M-to-M

The previous assertion is further supported the year-over-year months of inventory stat, which reveals inventory is up from 2.0 in 2013 to 2.3 in 2014.

Redondo Beach Real Estate Market Update July 2014

Friday, August 8th, 2014

Residential sales activity in Redondo Beach was on fire in July with a total of 90 properties sold, which represents a 40.6% improvement over last month.

07-2014   RB sales  M-to-M

Also trending positive was the market median sales price, which increased by $42,950 or 5.24% in July relative to June.

07-2014   RB median sales price  M-to-M

Another stat worthy of mentioning is the sales/listing ratio, which ticked up from 47.8% in June to 50.8% in July.

07-2014   RB sales-listings ratio  M-to-M

Last, there was little change in the year-over-year inventory numbers with July 2014 slightly higher compared to July 2013.

07-2014   RB months of inventory  Y-to-Y