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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.
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.
Days to close
The December numbers are in and if there was any thought that the real estate market in Redondo Beach was leveling the numbers certainly say otherwise. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing Broker has attempted to offer accurate data, but buyers are advised to confirm all data provided. Housing is generally the biggest monthly cost that you would need to account for. The average rent in Redondo Beach (located in Los Angeles-Long Beach-Glendale Metro Div.) metro area for a 2-bed home is $2,717, which is 132% more than the average rent across the US.
The average “list” price for the homes that sold was $1,514,688 with the average sold price at $1,626,255 meaning that, in general, homes sold WAY higher than the list price. The average price per foot was $952 and median days on market was and extremely brief 7 before going into pending status. See how that compares with other months on our Redondo Beach real estate market trends and statistics page. Keep informed on the price of Redondo Beach homes and know what direction the real estate market is heading. See below for the median price of South Bay Homes in October and see the change in average home price from 2011. Average home prices based on one month of information can vary quite a bit based on a number of factors but the information can show an overall housing market trend in Redondo Beach.
Safest Places In California
Redondo Beach is part of Los Angeles-Long Beach-Glendale Metro Div. Metro area, which is ranked 12 out of 273 cities across the US in terms of cost of living. According to C2ER , the cost of living in Redondo Beach is estimated to be 146.6% of the national average making it one of the more expensive cities in the US. The latest migration analysis is based on a sample of about two million Redfin.com users who searched for homes across more than 100 metro areas.
Some of the hottest neighborhoods near Redondo Beach, CA are North Redondo Beach, South Redondo Beach, Westchester, Northwest Torrance, Playa del Rey. Homes for sale in Redondo Beach, CA have a median listing home price of $1,475,000. There are 111 active homes for sale in Redondo Beach, CA, which spend an average of 76 days on the market.
Schools in North Redondo Beach
Any property information referenced on this website comes from the Internet Data Exchange program of CRISNet MLS and/or CARETS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. July 2014 saw some big numbers in terms of both number of homes sold as well as median prices. Redondo Beach had 97 sold homes at a median price of just under $1,000,000 which is a pretty significant number for this coastal community.
Get cash offers with HomeLight Simple Sale, the fastest way to sell your home. The median home price in Redondo Beach is $1,300,000 with a median price per sqft of $706. The minimum salary you need to live in Redondo Beach is the sum of your daily expenses , your monthly housing-related costs , any debt expenses , as well as your savings and investment goals. Houses in Redondo Beach, CA rent between $1,700 - $14,000 with a median rent of $3,850. The price range for all bedrooms and all property types is $1,700 to $14,000. 80% of Redondo Beach homebuyers searched to stay within the Redondo Beach metropolitan area.
The April home sales numbers and median prices were once again impressive in Redondo Beach and throughout most South Bay cities. Some cities saw a drop in median prices from the previous year but all are still trending upwards from 2015. The cost of living index is set to 100 for the average place in America. An index above 100 means Redondo Beach is expensive, while a number below 100 means it's a relatively cheap place to live. Work with a top Redondo Beach real estate agent to figure out the best selling strategy and start bidding wars on your home.
Homes in Redondo Beach receive 4 offers on average and sell in around 38.5 days. The average sale price of a home in Redondo Beach was $1.45M last month, up 15.1% since last year. The average sale price per square foot in Redondo Beach is $736, up 2.9% since last year. Homes in North Redondo Beach receive 1 offers on average and sell in around 49 days. The average sale price of a home in North Redondo Beach was $1.5M last month, up 16.7% since last year.
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 average sale price per square foot in North Redondo Beach is $735, up 8.4% since last year. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
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?
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