The Redondo Beach average sales price in  July 2009 decreased by 12.7 percent compared to the same period a year ago, bringing the average price to $715,639. The number of sales increased by 26%.  

 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. 

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 in July to $715,639.

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

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