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.
2 Comments:
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
at:
5540 El Segundo Blvd.
Hawthorne, CA 90250
(310) 727-9539
We look forward to welcoming you to
our circle soon.
Sincerely,
William Lyon Homes
Bearmaster,
This link was posted on the HBB and its a "oh wow" moment.
http://articles.moneycentral.msn.com/Banking/HomebuyingGuide/HomebuyingGuide.aspx
Just in case, I'll break it into lines:
http://articles.moneycentral.msn.com/
Banking/HomebuyingGuide/
HomebuyingGuide.aspx
Loved this article:
Why rent? To get richer
Got popcorn?
Neil
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