Home Sales and Median Home Prices in Redondo Beach for August 2016

Home Sales and Median Home Prices in Redondo Beach for August 2016
October 18, 2016 No Comments Communities,Market Trends,North Redondo Beach,North Redondo Beach,South Redondo Beach Keith Kyle

By Keith Kyle2209-nelson-master-and-fireplace

August 2016 saw solid numbers for homes throughout the South Bay and Torrance.  Redondo Beach reached a 100 homes sold in the month of July with a median home price of $968,000.  The fact that median home prices approached the $1,000,000 mark was very impressive.  As of October 18th 2016 there are 129 active homes and income properties for sale in Redondo Beach and 129 homes currently in escrow.  The lowest price of the month was a studio condo in The Village in South Redondo at $389,000 with the highest sale a $2,295,000 for a single family home on the Avenues in South Redondo.  View the current homes for sale in Redondo Beach, CA or view a list of the homes sold in Redondo Beach and the South Bay in August.

City Homes
Sold
July
2016 Median
July
2015 Median
Year
over Year % Change%
Carson 56 $450,000 $430,000 4.7%
El Segundo 15 $1,075,000 $780,000 37.8%
Gardena 43 $470,000 $399,000 17.8%
Harbor City 24 $523,000 $450,000 16.1%
Hawthorne 47 $575,000 $493,000 16.8%
Hermosa Beach 22 $1,723,000 $1,389,000 24.%
Lawndale 16 $498,000 $437,000 13.8%
Lomita 23 $619,000 $510,000 21.4%
Long Beach 348 $463,000 $459,000 .8%
Manhattan Beach 36 $1,800,000 $1,923,000 -6.4%
Marina Del Rey 24 $1,059,000 $928,000 14.1%
Palos Verdes Estates 42 $1,412,000 $1,815,000 -22.2%
Playa Del Rey 16 $623,000 $560,000 11.2%
Rancho Palos Verdes 57 $1,065,000 $1,155,000 -7.8%
Redondo Beach 100 $968,000 $842,000 15%
San Pedro 70 $481,000 $475,000 1.3%
Torrance 179 $645,000 $585,000 10.3%
Westchester 44 $1,093,000 $890,000 22.7%
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