Although we’re still in the first half of 2019 the trend is starting to become apparent. Inventory of homes is on the rise in the Golden Hills. Between January and June, 2 of the 5 months saw almost double the recent average of active MLS listings on the market. As of June 7th there are currently 10 active homes for sale in the Golden Hills of Redondo Beach with another 11 currently in escrow.
The chart below reflects the “active” homes for sale (light green) the closed home sales (dark green) and the pending sales or homes in escrow (red line)