Wednesday, November 21, 2007

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.


Blogger bearmaster said...

Oops - first chart says September 2007 but it is through October 2007.

12:36 PM, November 26, 2007  

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