Realtor current market reports, early May 2006
Realtor Don Tambini is one of my favorite realtors to report from because he's a "numbers" kind of guy.
For the numbers below, just multiply out the number sold by the average price to get an idea of amount transacted, which is a more accurate indicator of market health than just the average price.
For Manhattan Beach SFRs in April, he reports the following numbers:
2006 2005 number sold: 31 39 average price: $2,055,000 $1,568,000 average DOM: 72 24
For Hermosa Beach SFRs in April:
2006 2005 number sold: 15 16 average price: $1,394,000 $1,039,000 average DOM: 58 36
For Redondo Beach SFRs in April:
2006 2005 number sold: 20 29 average price: $965,000 $850,000 average DOM: 75 28
Unfortunately he does not report on El Segundo.
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