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Redondo Beach CA Real Estate Market Update/August 2008

By
Real Estate Broker/Owner with Broker California Lic 01485187

August 2008 Redondo Beach homes sales    Average Redondo Beach CA home price was $698,943 compared with $906,709 a year ago, a 29.7% price drop.  It took on average 64 days to sell a house - 31 days longer than in August 07.  Total of 72 homes sold compared with 88 that sold a year ago and compared to 58 sold in July '08.  Pick up in sales volume was noticable - Buyers were scooping up bargains! Highest priced home sold for $1,215,000 while the lowest one sold at $337,000. 

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!  

Visit http://www.ISellSouthBay.com to search South Bay MLS Free!

Wondering what your home's worth? Visit http://www.SouthBayHouseValues.com for a Free internet home evaluation delivered to your e-mail!

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If you are Buying, Selling or Relocating to the South Bay Los Angeles area and need help from the experienced, professional REALTOR®, I would be happy to assist you! Call (310)918-5027 or visit my South Bay real estate website for Free property searches and to sign up for free listing alerts, Redondo Beach, Torrance, Beach Cities real estate resources Free Home Evaluation and more!  Find me online:

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