South Bay Resale Activity for March 2007

My apologies for such a long absence. This weekend I am going to try to spend a little time trying to get this blog caught up with the housing market news.

Long-time readers know that I am not super crazy about the way DataQuick reports data. You can read about my complaints in prior postings, but the gist of my gripe is that sales are broken out into zip codes and by housing unit type, which fragments the data into small numbers for which statistics are not necessarily reliable. Nevertheless, here are the numbers for March, because I like keeping complete records of such data:

                          SFR   MEDIAN   %YOY    CONDO  MEDIAN   %YOY  
COMMUNITY         ZIP    SALES   SFR      CHG    SALES  CONDO    CHG
LA/Westchester    90045   23    $763     -4.1%     7     $360   -18.6%  
El Segundo        90245   11    $859     -0.9%     4     $641     9.7% 
Hawthorne         90250   30    $540      6.3%     4     $419    -5.0%  
Hermosa Beach     90254   16  $1,170      1.5%    13     $934   -18.7%  
Lawndale          90260   12    $533      6.5%    10     $330     0.8%  
Manhattan Beach   90266   56  $1,600     -3.3%     3     $930   -35.3%  
Palos Verdes Pen. 90274   21  $1,534    -10.3%     1     $339   -30.5%  
Rancho P.V.       90275   44  $1,100      0.0%     3     $550    19.6%   
Redondo Beach     90277   18  $1,240     24.0%    23     $730     2.1%   
Redondo Beach     90278   32    $787      6.6%    36     $645    -4.2%