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Redondo Beach Real Estate Market update for December 2011

Redondo Beach Market Report

market report
The Redondo Beach average home selling price was up 10.4 percent in December '11. It was $753,745 compared with $682,901 a year ago.
The average home price remained in the $665,555 - $753,745 range in the past six months. Average selling price was $672,350 in November, $ $665,555 in October, $682,579 in September; $681,144 in August, $690,164 in July, $765,839 in June and $726,234 in May '11

Redondo
Beach

Sold
Listings

Average
Selling Price

Average
DOM

December 2011

65

$753,745

108

December 2010

67

$682,901

88
All stats are compiled from the California Regional Multiple Listing Service. Information is deemed reliable but not guaranteed. DOM - days on market
Single Family Homes
It was the single family home sector that drove the average selling price up. The average single family home price was $919,002 compared with $765,882 12 mos ago and $734,508 a month ago. This represents the 20% increase y-o-y. Total of 29 single family homes sold in Redondo Beach in December '11 compared to 28 sales a year ago.
Wondering what your home is worth? Call Krystyna Baty at 310.918.5027 for your Free home evaluation report.
Posted Wednesday Jan 18