So far, as of 6/1/14, total of 350 homes were sold in the first five months with the average sale price of $802,851 compared with 359 homes sold in the same period last year. The average selling price was $751,419 a year ago. Thus, although the number of home sales is down in Redondo Beach, the average price is up. Redondo Beach home buyers find it harder to find the right home due to the low inventory (see the chart below). The low inventory also results in sellers getting multiple offers. It is the seller’s market and it’s a great time to sell your Redondo Beach home. Call me today at (310)918-5027 to get a Free home evaluation to find out home much your house or condo would sell in today’s market.