The Redondo Beach average sales price in  October 2009 decreased by 8.8 percent compared to the same period a year ago, bringing the average price to $736,797. The number of sales went up by 4 sales to the total of 63 sales.

Redondo Beach	Sold Listings	Average Sales Price	Average DOM
October 2009	79	$736,797	66
October 2008	75	$807,595	71

 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 to $715,639.  Average price went up again in August '09 to $744,190 and in September to $779,487.  

For more information on Redondo Beach and South Bay CA real estate market, please call Krystyna Baty, your local real estate expert at (310-918-5027 today.  Wondering what your Redondo Beach home is worth in today's market?  Call me or go to www.SouthBayHouseValues.com for a quick, no cost property valueation report.