Redondo Beach, California real estate market statistics are calculated by Movoto every day from various sources so that you can stay up-to-date with trends in the Redondo Beach homes for sale market. Riviera. Redondo Beach has a strong real estate market that will remain steady for the foreseeable future. This new ‘rent-control’ standard for multi-family units is sure to cause investors to reconsider whether to purchase more multi-unit rental properties or instead put their investments towards **single-family homes that don’t fall under the ‘rent control’ laws of AB1482. We'll be happy to provide it! See 13 Homes. Browse the residential real estate listings below to find your perfect single family home in the South Bay. Search for new homes, open houses, recently sold homes and reduced price real estate in Redondo Beach. This trend favors wealthy investors in the area. Our love for the communities we live and work in are why we do what we do. Easy to communicate with and genuinely cares about her clients." She was my realtor for the new condo I bought in LA. If you are considering the purchase of multi-unit property for rentals, the controlled income potential versus the income potential of affordable single-family homes are will not be affected by AB1482. Riviera. **SFRs under the ownership of a REIT (Real estate investment trust) or corporation or LLC, do fall under rent control under 1482. This challenge has been the main factor in the slowdown of our housing markets over the past year. We can provide you with disclosures, past sales history, dates and prices of homes recently sold nearby, and more. With 2020 being an election year, there undoubtedly will be a portion of our local buyers and sellers that feel uncertain about the state of our economy based on how things shake out. Ft: $ 720 Sale Price Per Sq. The Redondo Beach real estate market experienced a 5 percent ($49,500) jump in median home sales during the preceding year. Do NOT follow this link or you will be banned from the site. Homes are typically worth $928/sqft. Specializing in the South Bay homes for sale and the Los Angeles County real estate market, you have found your realtor resource for buying and selling your next home. MLS listings. The average price of homes sold in Redondo Beach, CA is $ 1,085,000. Redondo Beach Real Estate Market. With things continuing to cool off, homes for sale in Redondo Beach will most likely take a little longer to sell than the current average of 50 days on the market (according to Zillow.com). Right now, there are 176 homes listed for sale in Redondo Beach, including 23 condos and 0 foreclosures. by Allie April 10, 2020. 310.567.5124. These types of post-election trends are not usually sustained for more than four to six months. Redondo Beach Real Estate Market Trends and Statistics Knowledge and research is half of the battle in real estate. The local market remained steady in 2019, while still providing great opportunities for homeowners and investors alike. Whether you're looking for single-family homes with large yards or townhouses with rooftop decks, South Redondo Beach has a little something to offer everyone. If you would like more information on any of these North Redondo Beach real estate listings, just click the "Request More Information" button when viewing the details of that property. Urban Suburban Mix. The South Redondo Beach real estate market is home to The Avenues, the Riviera Village, Hollywood Riviera and the Esplanade. By the end of 2020, the ‘days on market’ will most likely creep up to 60 days. The South Redondo Beach Real Estate Market Amenities, and attractions in South Redondo Beach. Year-over-year months of inventory metric held steady at 2.0 from May 2016 to 2017. Townhomes, Condominiums, Houses, Single Family SFR. There is no “bubble” to burst in 2020, although there are affordability challenges that face California residents that aspire to be homeowners. As we enter 2020 and a new decade altogether, it makes sense to wonder if the local real estate markets will continue to slow, and if there will still be good opportunities in the new year. Homes in North Redondo are in very high demand throughout the entire spectrum of price points and property types. Please ask your agent for more custom data. Area Feel. Find the newest Redondo Beach homes for sale and real estate listings below updated daily from the largest MLS in Los Angeles County. Zillow has 113 homes for sale in Redondo Beach CA. See 43 Homes. Redondo Beach, CA Real Estate Trends. Real Estate Market Trends in Redondo Beach, CA. posted by: Stopher Cavins Sign In ... She ensures to make the complicated real estate transactions as easy as possible for her clients." El Nido Real Estate Search. One factor on a statewide level that is certain to have an impact on the Redondo Beach real estate market is the now effective (as of January 1st) Assembly Bill (AB1482) that provides ‘rent control’ standards for the entire state of California. Redondo Beach Real Estate Market Trends and Statistics. Real Estate Beautiful Redondo Beach Home Just Listed: $949K This gorgeous Redondo Beach home just hit the market. See Redondo Beach real estate market trends at a glance with Guaranteed Rate's Market Research Center. Get Rates. 3 Bedroom Homes . Redondo Beach Residential Real Estate Market Conditions July 2017 2. Learn about the Redondo Beach, CA housing market through trends and averages. Our MLS database updates every 15 minutes. Redondo Beach home prices are not only among the most expensive in California, but Redondo Beach real estate also consistently ranks among the most expensive in America. Redondo Beach Real Estate Market Update (5/6/19), Redondo Beach Real Estate Market Update (4/22/19), Redondo Beach Real Estate Market Update (4/15/19), Redondo Beach Real Estate Market Update (4/8/19), Redondo Beach Real Estate Market Update (4/1/19), Redondo Beach Real Estate Market Update (3/25/19), Redondo Beach Real Estate Market Update (3/18/19), Redondo Beach Real Estate Market Update (3/10/19), Redondo Beach Real Estate Market Update (3/4/19), Redondo Beach Real Estate Market Update (2/25/19), Redondo Beach Real Estate Market Update (2/18/19), Redondo Beach Real Estate Market Update (2/11/19), Redondo Beach Real Estate Market Update (2/4/19), Redondo Beach Real Estate Market Update (1/28/19), Redondo Beach Real Estate Market Update (1/21/19), Redondo Beach Real Estate Market Update (1/14/19), Redondo Beach Real Estate Market Update (1/7/19). At an all-time high but have recently appreciated at a slower Rate over the past 12 months Beach for. 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