Redondo Beach Real Estate Market Update
The Redondo Beach average sales price in the 4th QTR 2008 decreased by 13.65 percent compared to the 4th QTR 2007, bringing the average price to $775,804. The number of sales increased by 7.5 percent. Average DOM increased by 74%. *All stats are compiled from the Multi Regional Multiple Listing Service. Information is deemed reliable but not guaranteed.
| Redondo Beach |
Sold Listings |
Average Sales Price |
Average DOM |
| 4th QTR 2008 | 172 | $775,804 | 82 |
| 4th QTR 2007 | 160 | $898,395 | 47 |
*All stats are compiled from the Multi Regional Multiple Listing Service. Information is deemed reliable but not guaranteed.
Sales in Redondo Beach reflect a stabilization of the South Bay real estate market as home buyers respond to increased affordability and more moderate prices.
Search Redondo Beach MLS Listings by Area:
Search South Redondo Beach MLS Search North Redondo Beach MLS
If you want to learn more about South Bay real estate, please contact us at 310-918-5027 .
To begin searching for South Bay and Los Angeles County homes, please use our
Los Angeles County MLS search .
The Torrance average sales price decreased 18.5 percent in the 4th QTR 2008 compared to the 4th Qtr 2007, bringing the average price to $505,796. The number of sales increased by 66 percent. Meanwhile, the average market time increased by 47 percent, with average market time of 78 days vs. 53 days in 2007.
| Torrance | Sold Listings |
Average Sales Price |
Average DOM |
| 4th QTR 2008 | 352 | $505,796 | 78 |
| 4th QTR 2007 | 212 | $599,165 | 53 |
*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.
If you want to learn more about South Bay and Los Angeles County real estate, please contact us at 310-918-5027
To begin searching for Los Angeles county homes, please use our Los Angeles County MLS search

We haven't seen a lot of foreclosed properties in Walteria and South Torrance. When they do get listed they present a unique buying opportunity to get into one of the best South Bay areas.
Currently there are only 2 bank owned South Torrance and Walteria properties listed on MLS:
http://www.mrmlsmatrix.com/Matrix/Public/Portal.aspx?ID=3797912638
Please contact me anytime at (310)918-5027 for details or if you'd like to see those or any other homes.
For current Torrance and South Bay listings please visit http://www.ISellSouthBay.com or give me a call and I'll be happy to provide with Free listings.
The Torrance average sales price decreased 8.7 percent compared to November 2007, bringing the average price to $553,990. The number of sales increased 6.25 percent. Meanwhile, the average market time decreased 37 percent, with average market times of 74 days vs. 53 days in 2007.
| Torrance | Sold Listings |
Average Sales Price |
Average DOM |
|
| Nov 2008 | 85 | $553,990 | 74 | |
| Nov 2007 | 80 | $606,853 | 53 |
*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.
If you want to learn more about South Bay and Los Angeles County real estate, please contact us at 310-918-5027 To begin searching for Los Angeles county homes, please use our Los Angeles County MLS search .
The Redondo Beach average sales price decreased 14 percent compared to November 2007, bringing the average price to $798,438. The number of sales decreased 10 percent.
Redondo
Beach
Sold
ListingsAverage
Sales PriceAverage
DOM
Nov 2008
46
$798,438
46
Nov 2007
51
$913,941
51
Sales in Redondo Beach reflect a stabilization of the South Bay real estate market as home buyers respond to increased affordability and more moderate prices.
If you want to learn more about South Bay real estate, please contact us at 310-918-5027 .
To begin searching for South Bay and Los Angeles County homes, please use our Los Angeles County MLS search .
All stats are compiled from the Multi Regional Multiple Listing Service. Information is deemed reliable but not guaranteed.
ActiveRain Corp. is not responsible for the accuracy of the site's content (which is written by members of the ActiveRain Real Estate Network) and does not endorse the views of the real estate agents, mortgage brokers, and others listed here.
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