Big Gains In May 2015 Median Home Prices in the South Bay
By Keith Kyle
May was another huge month in terms of home prices in the South Bay with Hermosa Beach highest on the wow factor with a median price in May of $,1450,00, almost 32% higher than the year before. Redondo Beach saw major gains as well with 106 homes selling in May with a median home price of over $844,000
City | Homes Sold | May 2015 Median | May 2014 Median | Year over Year % Change |
Carson | 45 | $410,000 | $376,500 | 8.9% |
El Segundo | 14 | $803,500 | $818,000 | -0.8% |
Gardena | 35 | $405,000 | $400,000 | 1.3% |
Harbor City | 26 | $415,000 | $382,000 | 8.6% |
Hawthorne | 68 | $525,00 | $487,000 | 7.9% |
Hermosa Beach | 23 | $1,450,000 | $1,102,000 | 31.6% |
Lawndale | 12 | $431,000 | $417,500 | 3.2% |
Lomita | 11 | $509,000 | $575,000 | 3.5% |
Long Beach | 362 | $433,000 | $399,000 | 8.5% |
Manhattan Beach | 38 | $2,238,750 | $2,005,000 | 11.7% |
Marina Del Rey | 26 | $917,000 | $900,000 | 1.9% |
Palos Verdes Estates | 37 | $1,515,000 | $1,430,000 | 5.9% |
Playa Del Rey | 24 | $615,000 | $711,000 | -135% |
Rancho Palos Verdes | 56 | $1,100,000 | $990,000 | 11.1% |
Redondo Beach | 106 | $844,500 | $722,000 | 17% |
San Pedro | 67 | $449,250 | $425,000 | 5.7% |
Torrance | 148 | $579,000 | $560,000 | 3.4% |
Westchester | 26 | $900,000 | $797,000 | 12.9% |