Los Angeles Beach Cities Resale Activity for July 2008
I am so sorry I am running so behind on my regular posts. Work is keeping me extremely busy and in my personal life I am preparing for a vacation in early October in southern Idaho and northeast Nevada to check out possibilities in future places to live.
I'll keep this short. Here are the detailed RESALE statistics for the beach cities and some of the surrounding zip codes (prices are in 1000's):
SFR MEDIAN %YOY CONDO MEDIAN %YOY
COMMUNITY ZIP SALES SFR CHG SALES CONDO CHG
LA/Westchester 90045 20 $693 -5.8% 5 $337 N/A
El Segundo 90245 4 $741 -55.1% 2 $480 N/A
Hawthorne 90250 26 $496 -7.3% 4 $349 -17.9%
Hermosa Beach 90254 10 $1,033 -17.7% 4 $898 -17.8%
Lawndale 90260 12 $390 -15.7% 2 $305 23.0%
Manhattan Beach 90266 27 $1,780 -3.0% 5 $1,740 77.8%
Palos Verdes Pen. 90274 23 $1,301 -12.5% 5 $715 10.0%
Rancho P.V. 90275 43 $1,050 -13.9% 4 $519 -15.0%
Redondo Beach 90277 8 $850 -24.7% 10 $560 -19.9%
Redondo Beach 90278 21 $755 4.6% 17 $759 15.7%
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posted by bearmaster at 3:09 PM
2 Comments:
"southern Idaho and northeast Nevada"
!!! The vast, desolate great basin is a wonder to visit, but I wouldn't want to move to Twin Falls or Elko (for example) after living in coastal SoCal. Depending on the altitude you'll have blast furnace summers or bone-chilling winters, and usually some of both. Rent before you buy anything!
I am not particularly a fan of the hot humid weather by the coast either. Obviously the people in Twin Falls and Elko have been living there just fine through the blast furnace summera and bone-chilling winters. I am not a different species from another planet, so biologically I can adapt.
We may not be able to go there and rent, as we are still working in Los Angeles. We'll in all likelihood buy land and build on it.
If you've read any of Jack Lessinger's books about macro trends in urbanization, you'll know that Elko County has been slowly GROWING for decades. Very quiet and under the radar. Just what I like, and why I'm checking it out.
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