$10,000 Closing Credit*
$1,229,000
1,825 SqFt
4 Beds
•3 Full Baths, 1 Partial
Olice Heimann, Listing Office: Anastasi Properties, Inc.
Is N. Redondo Beach / El Nido, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, N. Redondo Beach / El Nido has remained a Seller's Market.
Key Takeaway
N. Redondo Beach / El Nido is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in N. Redondo Beach / El Nido, CA
How much do homes in N. Redondo Beach / El Nido, CA cost?
Median Sold Price
$1,260,000
$696/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
-$120,000(-8.7%)
Key Takeaway
Homes in N. Redondo Beach / El Nido have sold for 8.7% less than they did a month ago.
Summary: The median home sold price in N. Redondo Beach / El Nido was $1,260,000 in October 2024, down 8.7% from last month, and the median price per square foot was $696.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $1.0M | N/A |
| 3 Bedrooms | $1.3M | $1.2M | -6.0% |
| 4 Bedrooms | $1.3M | $3.0M | +115.8% |
| 5+ Bedrooms | - | - | N/A |
Summary: N. Redondo Beach / El Nido housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 6%, 4 bedroom homes increased by 115.8%, and 5+ bedroom homes did not change.
Housing Supply in N. Redondo Beach / El Nido, CA
How many homes are available in N. Redondo Beach / El Nido, CA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 33 | 28 | -15.2% |
Summary: The N. Redondo Beach / El Nido real estate market had 28 homes for sale in October 2024, a 15.2% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 3 | 0.0% |
| 3 Bedrooms | 14 | 16 | +14.3% |
| 4 Bedrooms | 13 | 6 | -53.8% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The N. Redondo Beach / El Nido housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 14.3%, 4 bedroom homes decreased by 53.8%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 9 | 7 | -22.2% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in N. Redondo Beach / El Nido, you could pay more than the asking price. 71.4% of homes here sold above asking price last month.
Summary: A total of 7 homes were sold or pending in N. Redondo Beach / El Nido in October 2024, down by 22.2% month-over-month. Of the 7 sold homes, 29% were sold under asking, 0% were sold at asking, and 71% were sold over asking.
Days on Market for N. Redondo Beach / El Nido, CA
How long does it take to sell a home in N. Redondo Beach / El Nido, CA?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 64 Days | 17 Days | -73.3% |
Summary: Homes in N. Redondo Beach / El Nido had an average of 17 days on market in Oct 2024, down by 73.3% compared to last month.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in N. Redondo Beach / El Nido are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 7 homes were sold in N. Redondo Beach / El Nido; 86% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.