Well we thought it was bad when there were only two active listings on the market in the Golden Hills last week. As of 12/4 there are officially no available homes for sale. Let’s hope that doesn’t last long. The Golden Hills is the neighborhood in North Redondo Beach 90278 that sits just east of Hermosa and just south of Manhattan Beach and consists primarily of 2 story single family homes.
The real estate market in the Golden Hills of north Redondo Beach has been an interesting one. Record prices, low inventory and then an abundance of options. It definitely keeps changing. At the moment the inventory has been on the rise and along with it, we’ve seen an increase in the days on market. Some homes still sell very quickly but of the homes currently for sale in the Golden Hills, the median days on market is now around 30 with the average closer to 60. Compare that with earlier in the year with a median days of 7 and average of 18 and it may just indicate a bit of a slowdown. Only time will tell. View all of the Golden Hills real estate trends and statistics.
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