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!