Tuesday, April 24, 2007

Beach Cities: SOLD March 2006 vs March 2007

One of the nice things about blogging for a long time is that you can pull information from older posts. I thought it would be interesting to check the differences and similarities in the Beach Cities home and townhome prices in March 2006 compared to March 2007. With all the ongoing discussion about the imminent crash of the California real estate market I found these numbers more reflective of a normal market then one poised to fall into the abyss.
March 2006 Sales vs March 2007 Sales: South Bay/Beach Cities

Manhattan Beach, Hermosa Beach, Redondo Beach and El Segundo

As you can see.. overall sales volume is slightly higher and prices are fairly even with minor discrepancies that are to be expected when slightly more expensive properties sell in one month compared to another.

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