The Redondo Beach average sales price in  August 2009 increased by 5.8 percent compared to the same period a year ago, bringing the average price to 744,190. The number of sales went down by 2 sales.

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.   

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

There are indications that Redondo Beach home prices have stabilized in the last few months.  Here is how the average home price changed since January - Average home price was $749,974 in January 2009; it went down again in Feb to $653,411. It 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.

If you want to learn more about Redondo Beach and South Bay real estate, please contact me at 310-918-5027.