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Flood risk in Redondo Beach is increasing slower than the national average. Can sell for about 3% above list price and go pending in around 24 days. Can sell for about 2% above list price and go pending in around 20 days.
Compared to only California, Redondo Beach has a cost of living index that's 1.4x higher than California's index of 140. Click here to see all of the home sales throughout the South Bay and Beach Cities. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals.
Palos Verdes Estates (PVE) Median Home Prices
There were 76 homes sold in November this year, down from 144 last year. January 2016 showed to be another strong month in the Redondo Beach real estate market with the median home price nearing almost $900,0000. Demand continued with no end in sight as homes often sold quickly and over their asking prices. Are you planning a move to Redondo Beach, CA and wondering if it is an expensive place to live in?
Housing swings affordability the most between places in California, so we broke down the statistics around housing costs into more detail. It's also important to consider median household incomes to make apples-to-apples comparisons across locations. According to the most recent data on the cost of living, Redondo Beach has an overall cost of living index of 189 which is 1.9x higher than the national index of 100. Visit our Seller Resource Center, backed by top agents, data analysis, and rigorous research. Visit our Buyer Resource Center for the latest home buying advice from top real estate agents across the country.
March 2016 Median Home Prices for Redondo Beach and the South Bay.
See the chart below for the December home sales numbers for Redondo Beach and the South Bay for December of 2015. The offerings are subject to errors, omissions, changes, including price, or withdrawal without notice. Sotheby’s International Realty ® and the Sotheby’s International Realty Logo are service marks licensed to Sotheby’s International Realty Affiliates LLC and used with permission.
There was no real rhyme or reason to it with some cities way up and others way down. Redondo Beach real estate was one of the exceptions to the massive percentage changes with a very modest 6% increase in home prices over July of 2016. Overall Redondo Beach saw 95 home sales with a median price of $975,000. Most people think that the holidays are a down time in real estate….but that hasn’t been the case in Redondo Beach for the past few years and December 2015 was no exception.
Redondo Beach Median Home Prices
San Francisco homebuyers searched to move into Redondo Beach more than any other metro followed by Chicago and New York. Across the nation, 5% of homebuyers searched to move into Redondo Beach from outside metros. In Sep '22 - Nov '22, 20% of Redondo Beach homebuyers searched to move out of Redondo Beach, while 80% looked to stay within the metropolitan area. Fire risk estimates the risk of wildfires, based on the likelihood of burning in the future and the potential size and severity of a fire.
The median household income in Redondo Beach is $113,499, which is 50% more than that of the state. The median income for an individual is $70,226, which is 91% more than that of the state. Easy-to-use tools let you list your property where millions of renters search each month. Plus, messaging and tenant screening are integrated into our listing platform to help you find and screen applicants faster.
December saw 76 closed home sales in Redondo Beach with an average sales price of $931,000 and a median price of $836,000. A cost of living calculator helps you to assess how much you will need to make in order to live comfortably in a specific city. It takes into account various expenses that you will make in your daily lives (on housing, food, utilities, transportation, entertainment, etc.) and helps you determine a livable salary. The prices of goods and services vary in different cities, and hence having a cost of living index or calculator can make the decision to move easier by allowing you to directly compare one city with another. The cost of living index for housing estimates the cost of housing in Redondo Beach to be 230.1% of the national average. The real estate market in Redondo Beach really picked up the pace with 74 on MLS homes closing escrow during the month, compared to the 37 homes that closed escrow in February.
The average homes sell for about 2% below list price and go pending in around 49 days. Check out HomeLight’s Quarterly Top Agent Insights report, a national survey of over 500 top real estate agents. Hear what agents are saying across the country and make smarter decisions when buying or selling a home. The average home price in Redondo Beach for the homes that closed escrow during December was $930,840 with a median price of $836,250. Those are big numbers that still shows no sign of slowing or reversing.
Can sell for about 1% above list price and go pending in around 20 days. Flood risk in North Redondo Beach is increasing slower than the national average. Visit our South Bay real estate site to see the recent home sales in Redondo Beach and the South Bay. Redondo saw 102 closed sales in April of 2016 with a median home price of $902,000.
The viewer is prohibited from copying, redistributing or retransmitting any of the data or information provided by MLSListing, Inc. Use our cost of living calculators to assess how much you’ll need to earn to live comfortably in key cities. Everything you need to know about local demographics, nearby schools, public transport, market trends, and more.
To be included in this dataset, a Redfin.com user must have viewed at least 10 homes in a three month period. The average homes sell for around list price and go pending in around 39 days. The average homes sell for about 1% below list price and go pending in around 37 days. The average homes sell for about 1% below list price and go pending in around 39 days.
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