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Redondo Beach CA Real Estate Market Update/ September 2008

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Real Estate Broker/Owner with Broker California Lic 01485187

Average home price was $869,987 compared with $916,468 a year ago, a 9.5 % price drop.  It took on average 86 days to sell a house - 38 days longer on average than in September '07. 

Total of 64 homes sold compared with 90 that sold a year ago and compared to 72 sold in August '08. Highest priced home sold for $4,700,000 while the lowest one sold at $339,000. 

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!

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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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