The following are the number of sales in North and South Redondo for 2005 and 2006. The market with the larges change in volume of sales was in North Redondo.. areas 51-54.
The figures are for January 1, 2005-December 31, 2005 and January 1, 2006-December 31, 2006. DOM is days on market.
REDONDO BEACH
North Redondo: ( Areas 51-54)
2005
Single Family Homes: 238 sold... The average price was $783,297
DOM was 20
Townhomes /condos: 489 sold... The average price was $737,139
DOM was 20
New Construction:: 86 sold... The average price was $892,998
(included in townhomes)
DOM was 25
2006
Single Family Homes: 212 sold... The average price was $793,517
DOM was 37
Townhomes/condos: 333 sold... The average price was $757,624
DOM was 36
New Construction:66 sold... The average price was $923,226
(included in townhomes)
DOM was 45
South Redondo: ( Areas 55-57)
2005
Single Family Homes: 143 sold... The average price was $1,053,457
DOM was 19
Townhomes: 163 sold... The average price was $ 886,757
DOM was 28
Condominiums: 128 sold... The average price was $598,807
DOM was 18
2006
Single Family Homes: 109 sold... The average price was $1,074,712
DOM was 35
Townhomes: 138 sold... The average price was $ 890,827
DOM was 40
Condominiums: 85 sold... The average price was $ 583,004
DOM was 41
The breakouts are:
North Redondo: 727 properties sold in 2005.... 545 sold in 2006 - 182 in 2006
South Redondo: 434 properties sold in 2005.... 332 sold in 2006 -102 in 2006
The only group of properties to have an average price that was less in 2006 then in 2005 were condominiums in South Redondo. .
** All figures are taken from the Greater South Bay MLS and do not include properties sold that were not on the MLS or properties sold by Brokers outside the GSBMLS
No comments:
Post a Comment