Thursday, June 09, 2005

Highs and Lows of South Bay Home Prices... June

There are 12 homes currently listed under $300,000. They are all condos or townhomes. There are no single family homes listed under $300,000. The least expensive is a 410 sqft studio condo in East Torrance listed at $179,000. It has been on the market for 31 days. A 418 studio condo is San Pedro is next; priced at $199,000. Prices then jump to $235,000 for a 718 sqft 1 bedroom unit in a senior complex on Crenshaw.
In the over $4,000,000 category the most expensive home in the South Bay is still the 10,000 sqft home in the Palos Verdes Estates priced at $13,750,000. There are eight homes in Manhattan Beach priced from $4,299,122 to $6,900,000. Hermosa Beach has one listing on The Strand priced at $4,995,000. There are eleven on the Hill and the Villa in Italy is still available.

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