Hollywood Riviera

Hollywood Riviera Real Estate Market Trends

By Keith Kyle

Whether you’re a home buyer or selling your home in the Hollywood Riviera, keeping up with the real estate market trends and statistics can be a great way to make an educated decision. Below is a series of charts showing what the real estate market in the Hollywood Riviera is doing each month.

The chart above shows the number of active listings, homes in escrow and sold homes for each month in the Hollywood Riviera.

The chart above shows the average price per foot of homes in the area. While this can be a helpful statistic it’s not always as relevant in an area such as the Hollywood Riviera in which homes can differ so greatly in terms of upgrades, views, age, etc.

The chart above shows the average days on market as well as the % of how close homes are selling to their original list price.

The chart above shows the average list prices of the homes as well as the average selling prices of the homes.

The chart above shows the months of inventory on the market or how long it would take to sell all of the homes. The higher the number the more of a buyers market it tends to be.

in Hollywood Riviera, Market Update Posted by keith kyle

August 31, 2016April 24, 2023

Big Home Sales Numbers in Torrance and Redondo for June 2016

By Keith Kyle

The numbers are in and June 2016 was a big month in terms of both the number of homes sold and the prices. Home prices were up year over year in every South Bay city other than Manhattan Beach.

12 homes sold in the Hollywood Riviera for June with a median home price of $1,177,000

Torrance CA posted some very big numbers. 141 homes and properties sold in June at a very respectable median price of $640,000 which is higher than normal. To see the homes sold in Redondo Beach for June 2016 view our recent sales information.

City	Homes Sold	June 2016 Median	June 2015 Median	Year over Year % Change%
Carson	63	$450,000	$425,000	5.8%
El Segundo	17	$1,121,000	$888,000	26.2%
Gardena	47	$430,000	$399,000	7.8%
Harbor City	18	$547,000	$360,000	51.9%
Hawthorne	37	$624,000	$539,000	15.7%
Hermosa Beach	24	$1,248,000	$1,230,000	3.6%
Lawndale	13	$519,000	$450,000	15.2%
Lomita	16	$555,000	$530,000	4.7%
Long Beach	408	$470,000	$450,000	4.4%
Manhattan Beach	40	$1,962,000	$2,400,000	-18.25%
Marina Del Rey	32	$900,000	$810,000	11.1%
Palos Verdes Estates	39	$1,533,000	$1,500,000	2.2%
Playa Del Rey	22	$603,000	$610,000	-1.2%
Rancho Palos Verdes	75	$1,200,000	$1,110,000	8.2%
Redondo Beach	99	$950,000	$870,000	9.2%
San Pedro	79	$500,000	$472,000	6%
Torrance	141	$640,000	$597,000	7.2%
Westchester	44	$1,050,000	$923,000	13.8%

in Hollywood Riviera, Redondo Beach, Torrance Posted by keith kyle

August 30, 2016April 24, 2023

Torrance and Redondo See Huge Home Sale Numbers for June 2016

By Keith Kyle Hermosa Beach Strand homes

The numbers are in and June 2016 was a big month in terms of both the number of homes sold and the prices. Home prices were up year over year in every South Bay city other than Manhattan Beach which was a bit of an anomaly. Both Redondo Beach and Torrance saw big numbers with 106 home sales in Redondo at a median price of $950,000 while Torrance saw a whopping 163 home sales at a median price of $635,000. To see the homes sold in Torrance and Redondo for June 2016 view our recent sales information.

City	Homes Sold	June 2016 Median	June 2015 Median	Year over Year % Change%
Carson	63	$450,000	$425,000	5.8%
El Segundo	20	$1,135,500	$888,000	27.8%
Gardena	47	$430,000	$399,000	7.8%
Harbor City	18	$547,000	$360,000	51.9%
Hawthorne	37	$624,000	$539,000	15.7%
Hermosa Beach	24	$1,248,000	$1,230,000	3.6%
Lawndale	13	$519,000	$450,000	15.2%
Lomita	16	$555,000	$530,000	4.7%
Long Beach	408	$470,000	$450,000	4.4%
Manhattan Beach	42	$1,865,000	$2,400,000	-22.3%
Marina Del Rey	32	$900,000	$810,000	11.1%
Palos Verdes Estates	39	$1,533,000	$1,500,000	2.2%
Playa Del Rey	22	$603,000	$610,000	-1.2%
Rancho Palos Verdes	75	$1,200,000	$1,110,000	8.2%
Redondo Beach	106	$950,000	$870,000	9.2%
San Pedro	79	$500,000	$472,000	6%
Torrance	163	$635,000	$597,000	6.3%
Westchester	44	$1,050,000	$923,000	13.8%

in Hollywood Riviera, Market Update, Redondo Beach, Torrance Posted by keith kyle