Krystyna Baty, REALTOR®, M.S. Torrance Redondo Beach & Greater South Bay CA

Redondo Beach Real Estate Market Update

The Redondo Beach average sales price in June 2009 decreased by 3.7 percent compared to the same period a year ago, bringing the average price to $713,346. The number of sales dropped by 2 sales.

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!

The Torrance average sales price decreased 4.5 percent in June 2009 compared to June 2008, bringing the average price to $506,104. The number of sales increased to 107 closed sales an 8 increase in volume! Grea

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

Increased sales in Torrance reflect a stabilization of the South Bay real estate market as home buyers respond to increased affordability and more moderate prices.

For more information on Torrance or Greater South Bay real estate please contact local expert - Krystyna Baty at 310.918-5027

For Free Torrance and Southern California MLS visit http://www.TorranceRealEstateOnline.com

For all of your South Bay CA real estate needs please visit http://www.ISellSouthBay.com

Redondo Beach Real Estate Market Update

The Redondo Beach average sales price in May 2009 decreased by 6.7 percent compared to the same period a year ago, bringing the average price to $734,942. The number of sales dropped by 35 percent. May seems to be an exception in the overall upward trend in the South Bay and overall Southern California sales volume in the last few months.

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

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.

If you want to learn more about South Bay real estate, please contact me at 310-918-5027.

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

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!

The Torrance average sales price decreased 10.1 percent in May 2009 compared to May 2008, bringing the average price to $514,395. The number of sales increased to 96 closed sales a 23% increase in volume! Meanwhile, the average market time decreased from 69 days a year ago to 68 days last month..

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

Increased sales in Torrance reflect a stabilization of the South Bay real estate market as home buyers respond to increased affordability and more moderate prices.

Although avg April '09 - $458,037, May '09 - $514,395 price in May was lower than a year ago, it is higher than last month by 12.3%. April average price was at $458,037. It's difficult to say if this is a trend because overall prices in Torrance and in the Greater South Bay area are skewed downward. This is due to the fact that the number of lower priced bank owned properties dominate high end properties. High end inventories are very low and so are sales in prime, high priced areas.

For more information on Torrance, beach cities and greater South Bay real estate, please visit http://www.ISellSouthBay.com or http://www.TorranceRealEstateOnline.com

Median sold price in Walteria in May '09 was down by 25% compared with May 2007.

The number of sold properties in Walteria was up 33% while the average month supply is drastically down by 32%. Inventory peaked in January 2008 and it is very low at this time. This is mainlyt a result of increased sales in the last few months - for details see report posted on http://www.WalteriaProperties.com

For more up-to-date information on Torrance-Walteria & Greater South Bay real estate please call me at 310.918-5027 or visit http://www.WalteriaProperties.com