Redondo Beach Real Estate Market Report for 2015
Redondo Beach real estate market continues to improve. While the number of sales was just slightly higher than previous year sales, the average price jumped by 11 percent. Prices went up by 16% in South Redondo and by 14% in North Redondo.
Below is the report for both, South and North Redondo Beach. Numbers are for single family homes only in order to provide a better and uniform picture of the market. Numbers are compared with previous year 2014 and are based on our local MLS (CRMLS).
REDONDO BEACH 2014 2015 Differance
# Sales 377 381 +1%
Avg price $1,021,736 $1,136,109 +11%
Avg Days on market 46 48 +2
SOUTH REDONDO BEACH 2014 2015 Differance
# Sales 196 167 -15%
Avg price $ 1,220,067 $1,411,438 +16%
Avg Days on market 48 51 +3
NORTH REDONDO BEACH 2014 2015 Differance
# Sales 181 214 +18%
Avg price $806,969 $921,249 +14%
Avg Days on market 44 45 +1
Redondo Beach Real Estate Market Report for 2015