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South
Bay Median Home Prices for May 2008
Home
prices and average sales in the South Bay
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%
|
|