2023 Year in Review for Home Sales in North and South Redondo Beach
It was a slightly down year for the number of home sales in Redondo Beach with a total of 565 homes selling during the year. The slightly
decreased volume of sales was not due to a lack of demand, but more a lack of inventory as there were fewer homes on the market than in previous years.
Home prices in Redondo were impressive and the number of homes sold still made for a solid year.
North Redondo Beach 90278
- Number of homes sold: 289
- Average asking price: $1,434,346
- Average sold price: $1,435,968
- Median asking price: $1,350,000
- Median sold price: $1,365,000
- Average price per sq foot: $816
- Averge days on market: 42
- Median days on market: 14
South Redondo Beach 90277
- Number of homes sold: 219
- Average asking price: $1,543,323
- Average sold price: $1,542,338
- Median asking price: $1,395,000
- Median sold price: $1,400,000
- Average price per sq foot: $924
- Averge days on market: 32
- Median days on market: 13
The highest priced home sale in south Redondo (not including the Hollywood Riviera that saw the oceanfront home at 417 Paseo De La Playa sell for $17,500,000) was another oceanfront home at 709 Esplanade that sold for $10,825,000 in August…..which happens to be back for sale just months later at $11,900,000. See the active listing for 709 Esplanade Redondo Beach, CA.
The highest priced home that sold in north Redondo was a new construction single family home at 2403 Ralston Lane, Redondo Beach, CA 90278 that sold for $3,950,000 back in September.