Posts Tagged ‘redondo beach homes for sale’

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

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