| Home
prices and average sales in the South Bay for May
2008
Keep
informed the price of South Bay homes and know
what direction the South Bay real estate market
is heading. See below for the average price of
South Bay Homes in May and see the change in average
home price from May of 2007. Average home prices
based on one month of information can vary quite
a bit based on a number of factors but the information
can show an overall housing market trend in the
South Bay.
See Average Home Prices for other months
See the Homes Sold in May of 2008
| City |
Homes
Sold |
May
2008 Median |
May
2007 Median |
Year
over Year % Change |
| Carson |
33
|
$424,500 |
$536,000
|
-20.80%
|
| El
Segundo |
16
|
$670,000
|
$800,000
|
-16.25% |
| Gardena |
22
|
$400,114 |
$500,000 |
-19.98% |
| Harbor
City |
8
|
$448,750 |
$585,000 |
-23.29%
|
| Hawthorne |
22
|
$416,636 |
$607,000
|
-31.36%
|
| Hermosa
Beach |
10
|
$1,094,000 |
$1,074,000 |
1.86%
|
| Inglewood |
22
|
$365,000 |
$494,536
|
-26.19% |
| Lawndale |
6
|
$443,000
|
$458,500 |
-3.38% |
| Lomita |
10
|
$532,750
|
$575,000
|
-7.35% |
| Long
Beach |
227
|
$420,000
|
$515,000
|
-18.45%
|
| Manhattan
Beach |
29
|
$1,600,000 |
$1,455,000 |
9.97%
|
| Playa
Del Rey |
9
|
$680,000 |
$460,000
|
47.83% |
| Rancho
Palos Verdes |
33
|
$950,000 |
$1,000,000 |
-5.00%
|
| Redondo
Beach |
71
|
$733,000 |
$763,000
|
-3.93% |
| San
Pedro |
46
|
$441,500
|
$547,500 |
-19.36% |
| Torrance |
96
|
$510,000 |
$615,000 |
-17.07%
|
April
2008 Median Home Prices
| City |
Homes
Sold |
April
2008 Median |
April
2007 Median |
Year
over Year % Change |
| El
Segundo |
10
|
$807,500 |
$720,500
|
12.07% |
| Gardena |
21
|
$410,000
|
$516,250
|
-20.58%
|
| Harbor
City |
10
|
$438,500
|
$590,000
|
-25.68%
|
| Hawthorne |
29
|
$414,500 |
$530,000
|
-21.79% |
| Hermosa
Beach |
13
|
$1,290,000
|
$1,101,750 |
17.09%
|
| Inglewood |
22
|
$382,500
|
$470,000 |
-18.62% |
| Lawndale |
6
|
$421,500
|
$440,000
|
-4.20%
|
| Lomita |
6
|
$502,000
|
$594,000
|
-15.49% |
| Long
Beach |
208
|
$435,000 |
$507,500
|
-14.29%
|
| Manhattan
Beach |
30
|
$1,372,500 |
$1,850,000
|
-25.81%
|
| Playa
Del Rey |
11
|
$450,000 |
$510,000
|
-11.76%
|
| Rancho
Palos Verdes |
29
|
$890,000
|
$1,133,000 |
-21.45% |
| Redondo
Beach |
43
|
$695,000
|
$789,000 |
-11.91% |
| San
Pedro |
42
|
$454,500 |
$520,000 |
-12.60% |
| Torrance |
105
|
$545,000 |
$595,750
|
-12.10%
|
|
