REDONDO BEACH REAL ESTATE PRICES AND HOME VALUES

The Redondo Beach average home sale price in  February 2010 dropped by 1.4 percent compared to the same period a year ago, bringing the average price to $644,196. The number of sales went up by 47 percent!

Redondo Beach	Sold Listings	Average Sale Price	Average DOM
February 2010	47	$644,196	97
February 2009	32	$653,114	77

 All stats are compiled from the Multi Regional Multiple Listing Service. Information is deemed reliable but not guaranteed.

Sales in Redondo Beach over last few months reflect a stabilization of the South Bay real estate market as home buyers respond to the increased affordability and more moderate prices.  

First time home buyers rush to take advantage of the homebuyer tax credit that is now set to expire next month. The homebuyer tax credit is not only for first time homebuyer, it includes first time homebuyers as well as current homeowners who want to purchase a property. 

If you'd lke more information on this very attractive homeubyer tax credit, please call me at (310)918-5027 or send me an email at kmbaty@aol.com.  I'll be glad to help! 

If you're thinking about selling and are wondering what your home is worth in this market, please contact me at (310) 918-5027 for a no cost home evaluation. or visit www.SouthBayHouseValues.net for a free home/property evaluation delivered to your e-mail!

The Redondo Beach average home price in  January 2010 dropped by 2 percent compared to the same period a year ago, bringing the average price to $697,755. The number of sales went up by 29 percent!

Redondo Beach	Sold Listings	Average Sale Price	Average DOM
January 2010	54	$736,906	79
January 2009	42	$752,449	85

 All stats are compiled from the Multi Regional Multiple Listing Service. Information is deemed reliable but not guaranteed.

Sales in Redondo Beach over last few months reflect a stabilization of the South Bay real estate market as home buyers respond to increased affordability and more moderate prices.  

First time home buyers rushed to take advantage of the homebuyer tax credit that was due to expire in November '09. Homebuyer tax credit was however extended till April 2010.  It was also expanded to include first time homebuyers as well as current homeowners who want to purchase a property.  If you'd lke more information on this very attractive homeubyer tax credit, please call me at (310)918-5027 or send me an email at kmbaty@aol.com.  I'll be glad to help!

Home prices may have stabilized - November 08 avg Redondo Beach home sold at $790,493, in December 2008 avg home price was $714,310, and it went up to $749,974 in January 2009; it went down again in Feb to $653,411. Average price went up in March '09 to $712,135 and it increased again in April to $763,785.  Average price in May was $734,942 and dropped 3% in June to $713,346 and it increased to $715,639.  Average price went up again in August '09 to $744,190 and in September to $779,487, dropped in Nove to $731,834, dropped again in December - $697,755; price went up in January 2010 to $736,906.  

If you're thinking about selling your Redondo Beach home, or just wondering what your home is worth in this market, please contact me at (310) 918-5027 or visit www.SouthBayHouseValues.com for a confidential, free internet market report.

SEARCH REDONDO BEACH HOMES BY AREA, PRICE OR PROPERTY TYPE

  

Currently there are 27 South Redondo Beach condos listed for sale - lowest condo is listed at $309,000, the higest - $1,450,000.  Both condos are listed in South Redondo Beach (lowest priced condo is a studio at The Village; highest priced condo is a 2 Bd/2Ba unit on Esplanade).  There are 4 short sales and no bank owned REO listings at this time. 

Four out of those South Redondo Beach condos for sale are located at Brookside Village community.

North Redondo Beach condo market is dominated by 55+ senior condos.  Currently there are 11 senior condos listed for sale on MLS in North Redondo Beach.

FREE HOT-LIST of the Latest Redondo Beach & South Bay Homes & Condos For Sale

Please contact Krystyna at 310-918-5027 with any questions!

   

The tax credit can be very helpful for those purchasing real estate in Redondo Beach.  When the First Time Home Buyer Tax credit was extended and expanded most people thought the expansion was only for home owners who wanted to move up, those who wished to buy a bigger, more expensive home.  In fact, the expansion simply includes those who have owned a primary residence and lived in it for at least five years consecutive years out of the last eight years. 

If current Redondo Beach home owners want to downsize they can use the tax credit toward their new home, regardless of whether it costs less than the home that they are selling, regardless of whether it is a smaller home than the one that they are selling.

It is an anomaly that everyone assumes the tax credit is only for purchasing bigger and better.  Many people, especially those whose children have grown and left the nest, want to downsize.  After-all, who doesnt want to make life simpler these days? 

If you have been considering selling your Redondo Beach home and moving into a smaller space, consider doing so before the tax credit expires.  Place your new home under contract by April 30th and close by June 30th and you could have a few extra dollars in your pocket.

For more information on the tax credit, click here.

For the best in Redondo Beach Real Estate,  experience and knowledge contact Krystyna Baty at (310) 918-5027.  Krystyna has access to the Redondo Beach MLS and all available listings in the area.

 

The Redondo Beach average sales price in  December 2009 dropped by 2.3 percent compared to the same period a year ago, bringing the average price to $697,755. The number of sales went up by 40 percent!

Redondo Beach	Sold Listings	Average Sale Price	Average DOM
December 2009	70	$697,755	83
December 2008	50	$714,310	88

 All stats are compiled from the Multi Regional Multiple Listing Service. Information is deemed reliable but not guaranteed.

Sales in Redondo Beach over last few months reflect a stabilization of the South Bay real estate market as home buyers respond to increased affordability and more moderate prices.  

First time home buyers rushed to take advantage of the homebuyer tax credit that was due to expire in Nomber. Homebuyer tax credit was however extended till April 2010.  It was also expanded to include first time homebuyers as well as current homeowners who want to purchase a property. 

 If you'd lke more information on this very attractive homeubyer tax credit, please call me at (310)918-5027 or send me an email at kmbaty@aol.com.  I'll be glad to help!

If you look at the Redondo Beach and South Bay CA  home prices over last 12 months you will see that the home prices may have stabilized - November 08 avg Redondo Beach home sold at $790,493, in December 2008 avg home price was $714,310, and it went up to $749,974 in January 2009; it went down again in Feb to $653,411. Average price went up in March '09 to $712,135 and it increased again in April to $763,785.  Average price in May was $734,942 and dropped 3% in June to $713,346 and it increased to $715,639.  Average price went up again in August '09 to $744,190 and in September to $779,487, dropped in Nove to $731,834, dropped again in December - $697,755

Wondering what your home is worth in today's market?  Call me at (310)918-5027 for a FREE report!

Search for your perfect home at www.ISellSouthBay.com