CAR October 2007 report for Redondo Beach

The following figures are from the California Association of Realtors (CAR) for October. CAR gets its figures from Dataquick.

The median price for a Redondo Beach home (new or existing, SFR or condo) is now $825,000, up 8.7% YOY. Unfortunately, my calculation came in lower. 62 sales are reported, but I have only 48 sale records and 2 of those records are wacky low-end outliers. That leaves 46 sales in my SALE records. Were there some high-end sales that just haven't been recorded in Zillow?

For the beach cities, which to the best of my knowledge encompasses what Shorewood encompasses - El Segundo, Manhattan Beach, Hermosa Beach, Redondo Beach - the median price is $877,500, down -2.7% YOY from October 2006. That's down quite a bit from September.

For the South Bay area, the median price is $617,250, up 2.9% YOY.

The Westside is up +65.2%, while West L.A. is down nearly -5.3%. This is still a very mixed bag.