Table of Content
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.
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.
Palos Verdes Estates (PVE) Median Home Prices
Get an estimate of income required to live comfortably in Redondo Beach. Our cost of living calculator will give you an estimate of your expected expenditures on food, utilities, transportation, housing, healthcare, and more. Simply pick your marital status and family type from the drop-down. The calculator will give you a breakdown of your monthly spends on food, utilities, transportation, housing, healthcare, and other miscellaneous items to help you determine your cost of living in Redondo Beach. Market temperature is based on changes in renter demand compared to the national average.
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.
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.
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.
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.
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.
Nearby Area Trends
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.
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.
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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