July was a crazy month throughout the South Bay with double digit year over year percentage changes in most of the cities. There was no real rhyme or reason to it with some cities way up and others way down. Redondo Beach real estate was one of the exceptions to the massive percentage changes with a very modest 6% increase in home prices over July of 2016. Overall Redondo Beach saw 95 home sales with a median price of $975,000.
City | Homes Sold | July 2017 Median | July 2016 Median | Year over Year % Change% |
Carson | 60 | $480,000 | $445,000 | 8% |
El Segundo | 20 | $1,055,000 | $1,310,000 | -19.5% |
Gardena | 65 | $549,000 | $454,000 | 21% |
Harbor City | 15 | $439,000 | $550,000 | -20.2% |
Hawthorne | 35 | $730,000 | $562,000 | 30% |
Hermosa Beach | 19 | $2,025,000 | $1,410,000 | 43.6% |
Lawndale | 15 | $515,000 | $430,000 | 19.8% |
Lomita | 21 | $598,000 | $585,000 | 2.1% |
Long Beach | 331 | $520,000 | $471,500 | 10.3% |
Manhattan Beach | 48 | $2,449,000 | $2,200,000 | 11.3% |
Marina Del Rey | 36 | $921,000 | $974,000 | -5.4% |
Palos Verdes Estates | 28 | $1558,000 | $1,800,000 | -13.4% |
Playa Del Rey | 20 | $613,000 | $629,000 | -2.5% |
Rancho Palos Verdes | 63 | $1,345,000 | $1,160,000 | 15.9% |
Redondo Beach | 95 | $975,000 | $920,000 | 6% |
San Pedro | 63 | $542,000 | $542,000 | 0% |
Torrance | 113 | $687,000 | $617,000 | 11.4% |
Westchester | 33 | $1,185,000 | $1,116,000 | 6.2% |