Posts Tagged ‘redondo beach homes for sale’

Redondo Beach Real Estate Market Update May 2015

Tuesday, June 16th, 2015

According to the MLS, the Redondo Beach Real Estate Market is on fire with total sales up by more than 12% in May.

05-2015   MB  sales  M-to-M

Also trending positive is the market median sales price stat, which increased 0.8% or $7K.

05-2015   MB  median sales price M-to-M

Further analysis reveals the sales/listing ratio jumped 7.3% from 50.6% in April to 54.3% in May.

05-2015   MB  sales-listings ratio  M-to-M

Last, the year-over-year months of inventory stat dropped 28% from the 2.5 figure reported in May 2014 to the 1.8 number recorded in May 2015.

05-2015   RB months of inventory  Y-to-Y

Redondo Beach Real Estate Market Update April 2015

Tuesday, May 12th, 2015

According to MLS, the Redondo Beach real estate market produced 79 property sales in April.

04-2015   RB sales  M-to-M

The market median sales price closed the month at $842K, despite a marginal drop of 3.8% compared to March.

04-2015   RB median sales price  M-to-M

Although the sales/listing ratio slowed to 50.6% month-over-month, it is important to acknowledge total listings increased 31.1%.

04-2015   RB sales-listings ratio  M-to-M

Last, analysis of the months of inventory stat for April reveals year-over-year stability at 2.0.

04-2015   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 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