$10,000 Closing Credit*
$1,299,000
1,809 SqFt
4 Beds
•3 Full Baths
Nicole Stober, Listing Office: RE/MAX Estate Properties
Is S. Redondo Beach N. of Torrance Blvd., CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, S. Redondo Beach N. of Torrance Blvd. was a Seller's Market.
Key Takeaway
S. Redondo Beach N. of Torrance Blvd. is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in S. Redondo Beach N. of Torrance Blvd., CA
How much do homes in S. Redondo Beach N. of Torrance Blvd., CA cost?
Median Sold Price
$1,590,000
$772/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$90,000(+6.0%)
Key Takeaway
Homes in S. Redondo Beach N. of Torrance Blvd. have sold for 6% more than they did a year ago.
Summary: The median home sold price in S. Redondo Beach N. of Torrance Blvd. was $1,590,000 in November 2024, up 6% from last year, and the median price per square foot was $772.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $866K | - | N/A |
| 2 Bedrooms | $1.2M | $984.5K | -18.0% |
| 3 Bedrooms | $1.4M | $1.5M | +6.6% |
| 4 Bedrooms | $1.7M | $1.7M | -1.8% |
| 5+ Bedrooms | $2.4M | $2.3M | 0% |
Summary: S. Redondo Beach N. of Torrance Blvd. housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 18%, 3 bedroom homes increased by 6.6%, 4 bedroom homes decreased by 1.8%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
| West Torrance | $1.2M | $1.4M | +14.6% |
| South Bay | $1.1M | $1.2M | +8.1% |
| N. Redondo Beach / Golden Hills | $1.4M | $1.5M | +6.7% |
| S. Redondo Beach N. of Torrance Blvd. | $1.5M | $1.5M | +6.0% |
| Hermosa Beach East | $1.9M | $1.9M | -1.9% |
Housing Supply in S. Redondo Beach N. of Torrance Blvd., CA
How many homes are available in S. Redondo Beach N. of Torrance Blvd., CA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 24 | 20 | -16.7% |
Summary: The S. Redondo Beach N. of Torrance Blvd. real estate market had 20 homes for sale in November 2024, a 16.7% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 3 | -25.0% |
| 3 Bedrooms | 12 | 10 | -16.7% |
| 4 Bedrooms | 5 | 4 | -20.0% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The S. Redondo Beach N. of Torrance Blvd. housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 25%, 3 bedroom homes decreased by 16.7%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 6 | 2 | -66.7% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in S. Redondo Beach N. of Torrance Blvd., you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in S. Redondo Beach N. of Torrance Blvd. in November 2024, down by 66.7% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for S. Redondo Beach N. of Torrance Blvd., CA
How long does it take to sell a home in S. Redondo Beach N. of Torrance Blvd., CA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 35 Days | 131 Days | +269.0% |
Summary: Homes in S. Redondo Beach N. of Torrance Blvd. had an average of 131 days on market in Nov 2024, up by 269% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in S. Redondo Beach N. of Torrance Blvd. has remained consistent over time.
Summary: During November 2024, 2 homes were sold in S. Redondo Beach N. of Torrance Blvd.; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% 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.