July 2013 Home Sales in The South Bay – By the Numbers
July was a record month in many South Bay cities as we saw a multi year high number of new listings, pending homes sales and closed home sales. This may be the increase in home inventory that eventually balances the market as opposed to the drastic seller’s market at the moment.
El Segundo – Active Homes for Sale 18 – Pending Home Sales 14 – Closed home sales 16
Hermosa Beach – Active Homes for Sale 31 – Pending Home Sales 25 – Closed home sales 29
Manhattan Beach – Active Homes for Sale 68 – Pending Home Sales 37 – Closed home sales 45
Palos Verdes Estates – Active Homes for Sale 42 – Pending Home Sales 18 – Closed home sales 27
Rancho Palos Verdes – Active Homes for Sale 101 – Pending Home Sales 56 – Closed home sales 44
Redondo Beach – Active Homes for Sale 102 – Pending Home Sales 104 – Closed home sales 110
Torrance – Active Homes for Sale 159 – Pending Home Sales 129 – Closed home sales 158