Commercial properties are also available. Redondo Beach Neighborhoods . Redondo Beach, CA Real Estate Trends. Mid-level markets in the South Bay will benefit from this influx of young buyers, will the beach cities will continue to level off into next year. The usually hot spring market will be more mild than normal but will stay steady through the summer months as buyer confidence builds. Redondo Beach home prices are not only among the most expensive in California, but Redondo Beach real estate also consistently ranks among the most expensive in America. You can research home values, browse Redondo Beach's hottest homes, and see what Coldwell Banker's agents have to say about the local area. Our team of Redondo Beach real estate agents will help you find your perfect home in Redondo Beach. The decline of interest rates for borrowers will help to keep buyer interest high for appropriately priced homes. The rental market in South Bay is stronger than ever due to the increasing unaffordability of homeownership in our beach cities. See all Redondo Beach real estate listings and neighborhood information. Redondo Realtor. The median price for homes in all of Redondo Beach rose 77% from January 2012 to November 2018, from $635,000 to $1,125,000. C. Based on home values, property taxes, housing costs, local schools, and more. C. Based on home values, property taxes, housing costs, local schools, and more. The average price of homes sold in Redondo Beach, CA is $ 1,085,000. There is an opportunity for everyone in 2020. Homes are typically worth $928/sqft. North Redondo Beach is home to some of the most affordable Redondo Beach houses for sale. Families, couples, and single folks love the welcoming atmosphere, and the incomparable Pacific Ocean views from cliffs, beaches, and homes. North Redondo Beach Homes for Sale. Lisbeth Bitar . Offering comprehensive real estate services in Redondo Beach and surrounding markets. We want to take a bold step further and make a prediction for local real estate in 2020. Sellers that are willing to negotiate aggressively will be best served in a market that is not soaring upward. There is no “bubble” to burst in 2020, although there are affordability challenges that face California residents that aspire to be homeowners. Prospective homebuyers looking to purchase a single-family home can expect listing prices in the low $600's. For more information about homes for sale in Redondo Beach, or to schedule a private tour, contact our expert Redondo Beach real estate agents today. The Redondo Beach real estate market continues to amaze! Zillow has 113 homes for sale in Redondo Beach CA. We expect the annual appreciation of single-family homes to dip to around 3% this year. Source: All data is from the California Regional Multiple Listing Service, INC., InfoSparks © 2018 ShowingTime, compiled for a custom presentation by South Bay Confidential. Call Beach City Backes realtors now! Own. Please ask your agent for more custom data. Redondo Beach Real Estate Market The Redondo Beach real estate market experienced a 5 percent ($49,500) jump in median home sales during the preceding year. Homes for sale in Redondo Beach, CA have a median listing price of $1,245,000. Real Estate Beautiful Redondo Beach Home Just Listed: $949K This gorgeous Redondo Beach home just hit the market. Phone Number Need to reset your phone number? The South Redondo Beach real estate market is home to The Avenues, the Riviera Village, Hollywood Riviera and the Esplanade. The median home value here in Redondo Beach is $1,035,000. Evolve Real Estate Redondo Beach Contact us Today 310.567.5124. Area Feel. Redondo Beach Real Estate Listings & Homes for Sale Research Redondo Beach real estate market trends and find homes for sale. Plan your open house visits by reviewing our complete list of Redondo Beach Open Houses. **SFRs under the ownership of a REIT (Real estate investment trust) or corporation or LLC, do fall under rent control under 1482. With a population of 67,412, 27,621 total housing units (homes and apartments), and a median house value of $1,061,637, Redondo Beach house prices are not only among the most expensive in California, Redondo Beach real estate also is some of the most expensive in all of America. Home sales were down by 3% overall, down 7% in South Redondo Beach and the same as a year ago in North Redondo Beach. 2 Bedroom Homes. presented by Ellis Posner Whether this is your first time or you’ve been here before, thanks for visiting and welcome to Redondo Beach Real Estate. Coldwell Banker estimates the median home price in Redondo Beach is $1,369,000. A few statewide and national factors are expected to come into play that may affect the landscape of local home sales in 2020 and beyond. Northwest Torrance. Riviera. Finding the perfect California home can be a challenging task. Redondo Beach CA Real Estate for Sale. Learn about the Redondo Beach, CA housing market through trends and averages. We can provide you with disclosures, past sales history, dates and prices of homes recently sold nearby, and more. Redondo Beach Real Estate Market Report with Latest Data on Residential Trends We will see short-term trends in response to new rent control laws and election results but should see the year-end with a still strong and even more confident housing market. Redondo Beach's Real Estate Market Snapshot In the past 12 months, the price of homes sold in Redondo Beach ranged between $545,000 and $2,600,000. Very rarely do things change “overnight” in any given real estate market. We have laid out the trends of the previous year and what we expect throughout 2020. Included below are homes for sale in Redondo Beach. 2.84% change since last quarter That is why we put real estate listings for hundreds of Redondo Beach homes for sale at your fingertips from across the entire Los Angeles area. Prospective homebuyers looking to purchase a single-family home can expect listing prices in the low $600's. Find the newest Redondo Beach homes for sale and real estate listings below updated daily from the largest MLS in Los Angeles County. Get fascinated with beautiful homes for sale in Palos Verdes, Redondo Beach condos for sale and other LA real estate. Based on the housing stock, population density, and the proximity of amenities of the area. If you’re interested in our properties, promotions, or special events, please subscribe to our site by entering your email address below to continue. Hire an experienced real estate agent that has worked in similar market conditions in order to help increase your buyer pool by making your home as attractive as possible to ‘well-leveraged’ buyers. Browse the residential real estate listings below to find your perfect single family home in the South Bay. Right now, there are 202 homes listed for sale in Redondo Beach, including 27 condos and 0 foreclosures. Homes are typically worth $928/sqft. 310.489.1805 Area Feel. Even though the tools of this website are geared toward providing you with the most accurate Redondo Beach real estate market information possible, keep in mind that selling a Los Angeles home requires the best professional Realtor representation available. While real estate trends and statistics don’t completely predict where things are going, the right information can certainly help make educated decisions and make the process of potentially buying or selling a house less stressful. According to NeighborhoodScout.com, some of the highest home value appreciation for Redondo Beach is in areas around Grant Avenue & Inglewood Avenue as well as S. Pacific Coast Hwy & Topaz St. With a strong and well established real estate market like the one we have in South Bay, there are few local and economic factors that would greatly swing things one way or another. If you would like more information on any of these North Redondo Beach real estate listings, just click the "Request More Information" button when viewing the details of that property. Urban Suburban Mix. The housing bubble bursting in 2008 would be the most recent exception to that statement. Based on the housing stock, population density, and the proximity of amenities of the area. Annual real estate appreciation has slowed along with the sales of new homes and resale homes. Home prices are still at an all-time high but have recently appreciated at a slower rate over the past 12 months. There’s information on the North Redondo Beach, Redondo Beach, CA real estate market at the bottom of search results pages, if you’re looking for an overview of the area. If you would like more information on any of these Redondo Beach real estate listings, just click the "Request More Information" button when viewing the details of that property. It's listed at $949K. With massive year over year growth in home prices, falling inventory, and buyers buying any properties that hit the market … Listed Around: $839K. Community, Real Estate. 3 Bedroom Homes . From the beginning of 2019 to today (1/2/2020), local home values have risen 4.2%. Call Beach City Backes realtors now! Redondo Beach is a beach community just south of Hermosa Beach and west of Torrance. 51%. It's listed at $949K. With interactive graphs of inventory, price per square foot, median list prices, and days on the market, anyone can stay on top of Redondo Beach real estate market trends. The real estate market of Redondo Beach has also been affected. Redondo Beach has a strong real estate market that will remain steady for the foreseeable future. See 43 Homes. North Redondo Beach homes have easy accessibility to both … Affordability of Living in Redondo Beach, CA. Urban Suburban Mix. Redondo Beach, CA Rentals**: Movoto gives you access to the most up-to-the-minute real estate information in Redondo Beach. This new ‘rent-control’ standard for multi-family units is sure to cause investors to reconsider whether to purchase more multi-unit rental properties or instead put their investments towards **single-family homes that don’t fall under the ‘rent control’ laws of AB1482. The average sale price per square foot in Redondo Beach is $603, up 3.3% since last year. As we enter 2020 and a new decade altogether, it makes sense to wonder if the local real estate markets will continue to slow, and if there will still be good opportunities in the new year. Redondo Beach is a decidedly white-collar city, with fully 90.45% of the workforce employed in white-collar jobs, well above the national average. 49%. The trend in prices overall has been steadily upward during this period. Evolve Real Estate . The trend in prices overall has been steadily upward during this period. Redondo Beach Homes for Sale. This challenge has been the main factor in the slowdown of our housing markets over the past year. Median sales price $1,120,000. Approximately 46.98% of Redondo Beach homes are owned, compared to 45.73% rented, while 7.28% are vacant. Housing. By the end of 2020, the ‘days on market’ will most likely creep up to 60 days. Manhattan Beach has a median rent price of $7,000 and Hermosa Beach is at $5,900. Cities such as Hawthorne, Torrance, and Carson will serve as the perfect markets for those wanting to stay near the beach and maintain a manageable monthly payment while taking advantage of historically low interest rates. See Homes in Neighborhoods Near Redondo Beach, CA. Year-over-year months of inventory metric held steady at 2.0 from May 2016 to 2017. 51%. July 20, 2020 By admin. Ft: $ 720 Sale Price Per Sq. Get Rates. 310.567.5124. There may be an opportunity out there for those that are well-educated, and fully understand the new financial landscape of the local rental market. The local market remained steady in 2019, while still providing great opportunities for homeowners and investors alike. Expect the same trends from 2019 to carry over into 2020 for our housing market in Redondo Beach and the South Bay area. Homebuyers should expect to have a little more competition from investor buyers when submitting offers on single-family homes. 310-866-7598 Sign in to your account. Getting The Best ROI And Selling Your House Fast. Redondo Beach Real Estate Market. For the Best in Los Angeles Home Seller Representation. Redondo Beach Median Home Price: $1,095,000 (updated April 2019). CALIFORNIA — … The good news is that […] Redondo Beach Home Sales and Prices for June. It will become increasingly important for sellers in Redondo Beach and our surrounding areas to monitor home sales trends fluidly. Each data point represents a full "rolling" 12 months' worth of median price data for the period leading up to that point. Redondo Beach, CA Real Estate Trends. Homes in Redondo Beach receive 3 offers on average and sell in around 36 days. See more real estate market trends for Redondo Beach. Your email address will not be published. She was my realtor for the new condo I bought in LA. Home Prices in Redondo Beach. Listed Around: $769K. Redondo Beach is the king of those beach cities. All indicators suggest that the current home sales market in our local area is moderate, but cooling. CALIFORNIA — Coronavirus has touched every corner of life in California, and the real estate market is no exception. Best Fitness Apps For 2021: Stay Healthy And Connected. Specializing in the South Bay homes for sale and the Los Angeles County real estate market, you have found your realtor resource for buying and selling your next home. See homes for sale. As mentioned previously, the now effective assembly bill that will impose rent control for Redondo Beach multi-unit rental will almost certainly have an impact. Redondo Beach Real Estate Market. Search for new homes, open houses, recently sold homes and reduced price real estate in Redondo Beach. 1 Bedroom Homes. If you are considering the purchase of multi-unit property for rentals, the controlled income potential versus the income potential of affordable single-family homes are will not be affected by AB1482. The average price of homes sold in Redondo Beach, CA is $ 1,085,000. Click here to sign up. It's listed at $949K. Our love for the communities we live and work in are why we do what we do. The Movoto Advantage. Redondo Beach Real Estate Market Conditions. See 6 Homes. There are 160 active homes for sale in Redondo Beach, CA, which spend an average of 62 days on the market. Chances are very strong that even though many properties are selling at their previous highs these homes will only go higher. Redondo Beach, CA Real Estate Trends. Sponsored Mortgage Options for Redondo Beach . Listed Around: $1.10M. Redondo Beach home values may be appreciating at a slightly slower rate than the values of homes in our bordering beach cities even though they are spending less time on the market. 4+ … Redondo Beach Real Estate Market: Trends for 2020, Tips for Getting Approved to Lease a Home with No Credit, 5 Factors that Affect the Sales Price of your Home. Don't have an account with us? Knowledge and research is half of the battle in real estate. View pictures, get detailed property information, and save your favorite listings. 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redondo beach real estate market 2020