Category: Market Update

Category: Market Update

Redondo Beach Real Estate Solid in November 2016
January 9, 2017 Market Trends,Market Update Keith Kyle

By Keith Kyle Redondo Beach posted some solid home sales numbers in November 2015 with 75 homes selling at a median price of $900,000 which was up slightly over November of the previous year.  To see the home sales in Redondo Beach click here. City Homes Sold November 2016 Median November 2015 Median Year over

Home Inventory on the Rise in North Redondo’s TRW Tract
Image March 13, 2015 Communities,Market Update,Neighborhood Information,North Redondo Beach,TRW Tract Keith Kyle

Unlike most other neighborhoods in the Beach Cities, the small pocket in North Redondo Beach known as the TRW Tract has seen an abundance of new listings come to the market in the past few weeks.  As of March 12th there are 4 active single family homes for sale and one home currently in escrow.

January Home Sales in South Redondo Beach CA
Image February 16, 2015 Communities,Market Trends,Market Update,South Redondo Beach Keith Kyle

January saw 20 home sales in South Redondo Beach which was well below the normal sales number for this time of year. The lowest priced home sold, a 2 bedroom condo in Brookside Village, sold for $417,000 with the highest sale of the montha 1929 built, but restored and updated, single family home on Avenue

Hermosa Beach Pending Home Sales Reach 5 Year High
Image July 17, 2013 Hermosa Beach,Market Trends,Market Update Keith Kyle

Hermosa Beach has long been one of the more sought after coastal communities with demand for homes in the small beach community always high. Recent market conditions have created an even greater demand as inventory of active home listings has continued to decline while the few homes available quickly go into escrow. The 31 homes

May 2013 Home Sales and Active MLS Listings for the Beach Cities
Image June 7, 2013 Golden Hills,Hermosa Beach,Hermosa Beach,Hollywood Riviera,Manhattan Beach,Manhattan Beach,Manhattan Village,Market Trends,Market Update,North Redondo Beach,North Redondo Beach,Rancho Palos Verdes,South Redondo Beach,Torrance Keith Kyle

May 2013 was a big month for both the number of home sales and prices in the cities of Manhattan Beach, Hermosa, Redondo Beach and El Segundo. Both the number of sales and home prices were on the rise. The chart below paints a pretty clear picture that the number of homes for sale, as

Real Estate on the Rise in Redondo Beach Golden Hills Neighborhood
Image May 31, 2013 Communities,Golden Hills,Market Trends,Market Update,North Redondo Beach Keith Kyle

Unlike the adjacent neighborhoods of Manhattan and Hermosa Beach, the real estate market in the Golden Hills of Redondo Beach, just east of Hermosa has been somewhat unique in recent months. Everything seems to be on the rise with the number of active homes for sale increasing, sales increasing, pending home sales increasing and prices

Another Bubble or Just a Crazy Market?
Image April 10, 2013 Market Trends,Market Update Keith Kyle

I often tell my statistically driven friends and clients that although “trendlines” and statistical data can help explain what is happening and what may happen in real estate, it often overlooks a very key piece of the puzzle. Unlike other products people buy and sell, home sales are often driven by both emotion and perception.

A good home is hard to find in Redondo Beach…real estate market update
Image February 4, 2013 Market Trends,Market Update,North Redondo Beach,South Redondo Beach Keith Kyle

It’s no secret that it’s a frustrating world out there for home buyers. Oh how quickly things turned from a strong buyers market to a market clearly favoring sellers. According to Manhattan Beach Realtor, Keith Kyle, “There is incredibly low inventory everywhere and the high demand areas of the South Bay such as Manhattan Beach,

Redondo Beach and South Bay Median Home Prices for September
November 16, 2012 Hermosa Beach,Market Update,North Redondo Beach,South Redondo Beach,Torrance Keith Kyle

Year over year median home prices increased in most South Bay cities for September 2012. 12 of the 18 cities we track saw increases in median prices from September of the previous year. Manhattan Beach real estate along with Hermosa and Torrance saw double digit increases while Redondo Beach had an increase in home values

Inventory Remains Low While Sales Continue to Rise in Manhattan Beach CA
Image June 14, 2012 Manhattan Beach,Market Update Keith Kyle

The real estate market in Manhattan Beach has continued at a brisk pace and summer seems to be heating up even further.  May of 2012 saw a whopping 51 closed escrows which is the highest number of home sales in Manhattan Beach in the past 5 years.  Of the 51 homes 8 sold over the