Redondo Beach Real Estate Market Update - July 2009

The Redondo Beach average sales price in  July 2009 decreased by 12.7 percent compared to the same period a year ago, bringing the average price to $713,638. The number of sales increased by 26%.   

 

Redondo Beach	Sold Listings	Average Sales Price	Average DOM
July 2009	73	$715,638	71
July 2008	58	$819,378	59

 All stats are compiled from the Multi Regional Multiple Listing Service. Information is deemed reliable but not guaranteed.

Sales in Redondo Beach over last few months reflect a stabilization of the South Bay real estate market as home buyers respond to increased affordability and more moderate prices.  Home prices may have stabilized - November 08 avg Redondo Beach home sold at $790,493, in December 2008 avg home price was $714,310, and it went up to $749,974 in January 2009; it went down again in Feb to $653,411. Average price went up in March '09 to $712,135 and it increased again in April to $763,785.  Average price in May was $734,942 and dropped 3% in June to $713,346 and it increased to $715,639. If you want to learn more about South Bay real estate, please contact me at 310-918-5027.  

To begin searching for Redondo Beach and Los Angeles County homes, please use our Los Angeles County MLS search  .  

Call Krystyna - your Redondo Beach Realtor at (310)918-5027 or e-mail Krystyna@ISellSouthBay.com

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 IT'S A GREAT TIME TO BUY!  Prices have gone down and interest rates are low - contact me and I'll help you find your dream home!   Curious about home sales in your neighborhood?  Click here!