Like most neighborhoods in the South Bay, home prices have appreciated significantly over the last five years and South Redondo Beach is no exception. Consider this – the median sold price for South Redondo Beach (all areas) was $1,001,437 in 2013 and rose to $1,639,937 in 2018 (Y-T-D) – a 63.76% increase in median home prices!
Here’s a look at home price appreciation for single-family residences per neighborhood in South Redondo Beach over the period 2013-2018 year-to-date:
Hollywood Riviera
Median Sales Price up 50.26%
Average Sales Price up 67.95%
Price per Square Foot up 46.22%
North of Torrance Blvd
Median Sales Price up 48.83%
Average Sales Price up 47.77%
Price per Square Foot up 39.87%
South of Torrance Blvd
Median Sales Price up 86.86%
Average Sales Price up 74.59%
Price per Square Foot up 36.90%
West of Pacific Coast Highway
Median Sales Price up 67.45%
Average Sales Price up 42.89%
Price per Square Foot up 41.93%
MRMLS single-family residence average sales in South Redondo Beach. Information is deemed accurate but not guaranteed.