Redondo Beach Market Update for Last Quarter of 2005

In the last quarter of 2005, there were 248 sales in the city of Redondo Beach. This figure includes single family homes, townhouses, and condos. The median price for these properties was $799,000, which is 18% higher than the median price in the last quarter of 2004. The median number of days on the market was 32 days, and there were 345 new listings in the last quarter of 2005. The number of sales (248) decreased b 27%, in comparison to the fourth quarter of 2004, during which there were 340 sales.

The city of Redondo Beach is divided into 2 sections, North Redondo and South Redondo. South Redondo is more expensive than North Redondo.

For a map of Redondo Beach and other cities in the South Bay, plus information on each of the cities, click on Links & Resources at www.SouthBayHomeTeam.com.