Wednesday, August 27, 2008

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%

2 Comments:

Blogger Jim said...

"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!

2:35 PM, August 30, 2008  
Blogger bearmaster said...

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.

5:06 PM, August 30, 2008  

Post a Comment

<< Home

Dogmation