Real estate and homes for sale in the South Bay
Homes in the Beach Cities and South Bay
What a year it was for the real estate market in Hermosa Beach CA. There were 208 on market home sales during the year at a median $2,284,000. The average days on market was 48 and the average price per foot was $1,057. For a more detailed month by month analysis of the real estate market take a look at our Hermosa Beach trends and statistics page.
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What a year it was for the Redondo Beach real estate market. There were 829 on MLS home and property sales compared with 861 in 2019. The median sales price was a very impressive $1,250,000. The homes only averaged 29 days on market before selling and the average price per foot was up quite a bit from 2019 to $651 a foot in 2020.
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As we wrap up 2020 it’s always fun to see what some of the highest priced home sales were during the year. See all of the Redondo Beach real estate market stats. Not that it’s a surprise to anyone, but the highest priced home sale in Redondo Beach in 2020 was right on the beach at 717 Esplanade. The oceanfront home 
at 717 Esplanade was a staple of the beachfront real estate market and it felt like it was always on the market….and that’s because it was. Originally listed in 2013 at $14,250,000, the home had years of price reductions and realtor changes. After years of steadily reducing the asking price, it finally worked was a price of $9,975,000 back in July of 2019. It finaly went into escrow in January 2020 and closed in February. The home offered 4 bedrooms, 6 1/2 baths and an incredible 7,000+ square feet. The sales price was $9,675,000.
Welcome to the real estate recap for 2020 in the coastal community of Manhattan Beach. Manhattan Beach is the center of the South Bay real estate universe and a strong market here filters to other nearby cities. It was quite a year for real estate and home sales in Manhattan Beach during 2020. The numbers certainly spell that out. There were 429 on market home and property sales compared to 391 in December of 2019. The median sales price for the year was $2,983,000 with an average price per foot of $1,100. The average days on market was 44. See detailed Manhattan Beach real estate trends and statistics.
It shouldn’t come as much of a surprise but as of 1/14/20 the lowest priced home in all of Redondo Beach is a one bed, one bath single level 
condo in the wonderful complex of Brookside Village in Redondo Beach. The first floor condo offers approximately 669 square feet and has been nicely updated with granite countertops, recessed lighting, hardwood floors and more. The HOA dues are approximately $402 and the Brookside Village community amenities are fantastic. View all of the homes for sale in South Redondo Beach 90277.
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Listing courtesy of Tony Chuan – Home Team Realty
Take a look at how home prices in the Beach Cities of the South Bay compare to one another and how they compare to December in the prior years. Hermosa Beach was the only one of the cities that has not gone up each year with a slight dip in 2019.
