California Home Prices and Sales Report

Latest local home sales and prices report. View local real estate prices, market report, listings. Get your free home evaluation

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California Home Prices and Sales Report

Posted by Krystyna Baty on Friday, May 6th, 2016 at 8:55am.

 

California March existing home sales and median price accelerate from previous month and year

California Association of Realtors released the latest real estate report.
- Existing, single-family home sales totaled 415,220 in March on a seasonally adjusted annualized rate, up 5.5 percent from February and 5.7 percent above March 2015.
- March’s statewide median home price was $483,280, up 8.9 percent from February and up 4 percent from March 2015.
- The median number of days it took to sell a single-family home declined in March to 29.9 days, compared with 41.4 days in February and 34.2 days in March 2015.

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Here are snapshot of selected South Bay markets as of today:

Torrance Real Estate Statistics

Total Listings: 230
Average Price: $677,748
Highest Listing Price: $2,195,000
Lowest Listing Price: $137,000

Manhattan Beach Real Estate Statistics

Total Listings: 130
Average Price: $4,166,633
Highest Listing Price: $21,000,000
Lowest Listing Price: $999,900

Redondo BeachReal Estate Statistics

Total Listings: 137
Average Price: $1,409,579
Highest Listing Price: $12,999,900
Lowest Listing Price: $398,000

Rancho Palos Verdes Real Estate Statistics

Total Listings: 157
Average Price: $1,779,203
Highest Listing Price: $10,800,000
Lowest Listing Price: $325,000

If you're thinking about selling and wonder what your home is worth in this market, contact your local expert at (310)918-5027 or email info@isellsouthbay.com for a Free report and home evaluation.

Krystyna Baty, experienced real estate broker, is committed to the highest standards of professional service for all your South Bay Real Estate needs. I pride in getting top dollar for our home sellers in the least amount of time. For our home buyers my team employs our extensive knowledge and experience to find the perfect home. If you would like more information in regards to buying or selling a home, please email or call me at (310)918-5027 today!

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