Hello! I've lived continuously in Redondo Beach (the beach cities of Los Angeles) since 1995, and briefly in 1989-1990. During that time I watched a lot of old homes get torn down and Taj Mahalominiums get built in the area, with bubble prices to match. I actually started collecting housing price data in 2001-2002 but it wasn't until late 2005 I started blogging about this area. I'm doing my best to capture the local real estate bubble and ensuing fizzle.
Unfortunately El Segundo numbers are the choppiest yet. It is a tiny town so the impact of any one large construction project is going to skew data, and these numbers could be meaningless. The raw numbers show a downtrend for much of 2005 and uptrend for January and February, when considered YOY. The doubly smoothed average (above) shows the downtrend persisting into 2006.
posted by bearmaster at 7:12 AM
Economic grizzly bear. Visit me at Beartopia, and find links to my sibling bubble bloggers at my housing education page. At the beginning of each month this blog publishes zip code charts of real estate dollar volume for the LAX area, data provided by Melissa Data (who gets it from Home Data). I publish a preliminary statistics report around the 2nd week, with data coming from my own estimates and sales data provided by Zillow and by Manhattan Beach Reporter. The 3rd week each month I chart DataQuick's median price data for beach city zip codes. Other measures of market action are published week 4, with most data provided courtesy of Shorewood. If you live in the South Bay/LAX area and want to adopt a dog, please consider adopting one from the Carson animal shelter.
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| 90045 | 90245 | 90254 | 90266 | 90274 |
| 90275 | 90277 | 90278 | 90292 | 90293 |
| 90045 | 90245 | 90254 | 90260 | 90266 |
| 90274 | 90275 | 90277 | 90278 | 90292 |
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