Friday, October 12, 2007

Preliminary look at September Redondo Beach home sales

How annoying that Zillow does not yet appear to have September home sales updated for Redondo Beach. Very well, then, I'll just have to make my calculations out of what I have found in the local beach city papers, keeping in mind that I occasionally see inconsistencies between what the papers report and what Zillow reports.

Here is my running tally of median, average, minimum, and maximum sale price, taken from my SALE records:

STAT     MAR 2007   APR 2007   MAY 2007   JUN 2007   JUL 2007   AUG 2007   SEP 2007      
records       105        114         91         62         78         51         68
MEDIAN   $755,000   $799,000   $777,000   $764,500   $860,000   $850,000   $857,000
AVERAGE  $813,252   $884,271   $855,228   $830,711   $880,279   $867,925   $935,506
MIN      $370,000   $470,000   $453,000   $485,000   $359,000   $365,000   $369,900  
MAX    $2,027,000 $1,750,000 $1,640,000 $1,565,000 $2,299,000 $1,510,000 $2,400,000

Here is a breakdown of sales by square feet:

And here's a breakdown of sales by price:

Notice that median price has remained elevated relative to June, before our Summer of Mortgage Fun started.


Blogger bearmaster said...

Here's a note I got from William Lyon Homes, in case anybody is interested in 360 at South Bay. I can tell you that so far it looks from the street like they've got one building, all alone on an enormous lot. Reminds me of the towers fireman use to practice putting out fires.

Dear Susan,

Just a reminder that this Saturday
is the ThreeSixty at South Bay
Model Grand Opening!

Come enjoy food, entertainment and
exciting giveaways! Don't miss the
opportunity to tour our models and
see all the resort-style amenities
at the center. This is one grand
opening you don't want to miss.

ThreeSixty at South Bay is located

5540 El Segundo Blvd.
Hawthorne, CA 90250
(310) 727-9539

We look forward to welcoming you to
our circle soon.


William Lyon Homes

11:43 AM, October 12, 2007  
Blogger wannabuy said...


This link was posted on the HBB and its a "oh wow" moment.

Just in case, I'll break it into lines:

Loved this article:
Why rent? To get richer

Got popcorn?

5:28 PM, October 16, 2007  

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