New Downward Trend in Price Cuts for Redondo Beach Real Estate Market

This week in the Redondo Beach market, sales inched up to 65 homes sold over the last 30 days, even with an identifiable downward trend in price reductions, with 41 in the same time frame. Prices are falling in Redondo Beach, and this period the median price of all sales fell from $904,000 to $899,000. Along with the increase in sales, the fact that there are a lower-than-normal three months of inventory indicates that Redondo Beach is a seller's market.

Trying to find a home in Redondo Beach that offers more bedrooms? Then check out these listings that provide the most bedrooms in the area:

$2.7M   $2.4M   $3.7M  

Get started right now by checking out Redondo Beach homes for sale or reviewing Redondo Beach real estate trends.

Demographic facts about Redondo Beach:

  • 38 years old is the median age of all the homes in the area.
  • The job growth rating in this area is 72. (Scale: 1 = Worst, 100 = Best)
  • This area has an average school expenditure per student of $5,002. ($5,691 = national average)

Data reported through 10/12/2016

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Ask a local expert about this area:
Keller Williams Realty
Snapped 5 homes in this area
Keller Williams Realty So Bay
Snapped 33 homes in this area
Coldwell Banker
Snapped 8 homes in this area

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