Posts Tagged ‘redondo beach homes for sale’

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.

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