Home Sales and Median Home Prices in Redondo Beach for August 2016
By Keith Kyle
August 2016 saw another strong month for homes throughout the South Bay and Torrance. Torrance, CA reached a 179 homes sold in the month of August with a median home price of $645,000. As of October 18th 2016 there are 151 active homes and income properties for sale in Redondo Beach and 173 homes currently in escrow. The lowest price of the month was a one bedroom condo in a 55+ building at $215,000 with the highest sale a $1,225,000 for a single family home in the Southwood community of Torrance. Of all the homes sold only one was a short sale or foreclosure showing just how much of a non factor short sales are becoming in Torrance. View the current homes for sale in Torrance, CA or view a list of the homes sold in Redondo Beach and the South Bay in August.
| City | Homes Sold |
August 2016 Median |
August 2015 Median |
Year over Year % Change% |
| Carson | 56 | $450,000 | $430,000 | 4.7% |
| El Segundo | 15 | $1,075,000 | $780,000 | 37.8% |
| Gardena | 43 | $470,000 | $399,000 | 17.8% |
| Harbor City | 24 | $523,000 | $450,000 | 16.1% |
| Hawthorne | 47 | $575,000 | $493,000 | 16.8% |
| Hermosa Beach | 22 | $1,723,000 | $1,389,000 | 24.% |
| Lawndale | 16 | $498,000 | $437,000 | 13.8% |
| Lomita | 23 | $619,000 | $510,000 | 21.4% |
| Long Beach | 348 | $463,000 | $459,000 | .8% |
| Manhattan Beach | 36 | $1,800,000 | $1,923,000 | -6.4% |
| Marina Del Rey | 24 | $1,059,000 | $928,000 | 14.1% |
| Palos Verdes Estates | 42 | $1,412,000 | $1,815,000 | -22.2% |
| Playa Del Rey | 16 | $623,000 | $560,000 | 11.2% |
| Rancho Palos Verdes | 57 | $1,065,000 | $1,155,000 | -7.8% |
| Redondo Beach | 100 | $968,000 | $842,000 | 15% |
| San Pedro | 70 | $481,000 | $475,000 | 1.3% |
| Torrance | 179 | $645,000 | $585,000 | 10.3% |
| Westchester | 44 | $1,093,000 | $890,000 | 22.7% |
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