By The Numbers – Redondo Beach Real Estate Report for August

By The Numbers – Redondo Beach Real Estate Report for August
September 3, 2018 No Comments North Redondo Beach,Redondo Beach,South Redondo Beach Keith Kyle

The Redondo Beach real estate market kept up a torrid pace for August of 2018 with 83 closed home sales at a median home price of $1,165,000.  The market has shown little signs of slowing down beyond the usual end of summer lull which appears to be temporary.  As of August 30th there are 106 homes currently on the market with the biggest number clearly being the oceanfront home at 709 Esplanade priced at a whopping $13,700,000.

 

Active Homes For Sale (as of 8/30/18)

  • Number of homes for sale:  106
  • Highest Price:  $13,700,000
  • Lowest Price:  $415,000
  • Median Price: $1,215,000
  • Avg Price:  $1,517,000
  • Median Days on Market:  42
  • Avg Price per Sq Ft:  $662

Closed home sales (for August)

  • Number of homes for sale:  83
  • Highest Price: $3,395,000
  • Lowest Price:  $399,000
  • Median Price: $1,165,000
  • Median Days on Market:  16
  • Avg Price per Sq Ft:  $628

Pending and homes in Escrow

  • Number of homes for sale:  77
  • Highest Price:  $2,795,000
  • Lowest Price:  $205,386
  • Median Price: $1,075,000
  • Avg Price:  $1,130,000
  • Median Days on Market:  29
  • Avg Price per Sq Ft:  $628

About The Author

Leave a reply

Your email address will not be published. Required fields are marked *