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Redondo Beach CA Real Estate Market Update/April 2008

Average home price was $839,728 compared with $884,069 a year ago, a 5% price drop. It took on average 72 days to sell a house - 28 days longer than in April '07. Total of 46 homes sold compared with 102 that sold a year ago and compared to 71 sold in March '08. Get a confidential value of your home at http://www.SouthBayHouseValues.com.

** Sales have picked up again on the month to month basis** Has the market bottomed out? As it's always the case, we won't know till after the fact.

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! For more information on Redondo Beach homes for sale and Free MLS visit http://www.isellsouthbay.com. Call me anytime at 310-918-5027 with any questions on Redondo Beach or South Bay real estate.

Posted Saturday May 24