Redondo Beach Market in January '12

Redondo Beach real estate market update - median and average price data, charts and sales information

Redondo Beach Market in January '12 Close
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Redondo Beach Market in January '12

Posted by Krystyna Baty on Tuesday, February 14th, 2012 at 11:36am.

Redondo Beach Real Estate Market Update

Redondo Beach real estate sales stats for January 2012 were as follows:

Total homes (residential properties) sold - 46  vs. 44 sold in January 2011

Average selling price - $632,810 vs. $719,559 a year ago (3.7% price drop)

Highest home sold - $1,549,000;  Lowest - $254,

Single family homes sales and average prices were as follows:

Total sold - 17 compared with 18 houses sold a year ago in January '11

Average price - $753,421 compared with $789,406 ( 4.8% price drop)

Redondo Beach market has been moving sideways, which is even better illustrated by the chart below, showing median home prices.  The January median price of $658,900 which represents a price increase of 11.7% compared to a Dec '11.  A bit of a good news for the area home sellers.

REDONDO BEACH MEDIAN HOME PRICE TRENDS - 12 MONTH CHART

 Stay tuned for more South Bay market updates.   Call me anytime for your home evaluation or current listing informaion.

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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