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November 15, 2009


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  CONDITIONS™
By Local Real Estate Experts  


Market Conditions for Redondo Beach, California

Reported by Maddy Cespedes, REALTOR

Updated October 3, 2009.

Current Market Rating: 4




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Buyer's

Seller's

Current Price Trend: 2




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Falling

Rising

There has been 58 residential sales in the month of September 2009, 34 in North Redondo and 24 in South Redondo. The highest price paid was $3,600,000 for a brand new townhome unit on Esplanade. Properties had been in the market for an average of 81 days, the median price is $722,000. Currently, there are 212 active listings or 3.7 months of inventory.


Location Characteristics: Redondo Beach is a big city located on the Pacific Ocean 18 miles south of downtown Los Angeles. North Redondo Beach is a community with a majority of condominiums and townhouses ranging from $500,000 to a $1,000,000. South Redondo Beach has mostly single family residences, many with Ocean Views and a beautiful Esplanade with waterfront condominiums.

For More Information:

View Market Conditions of other areas served by Maddy Cespedes

Navigate: Top > California > Redondo Beach

About Maddy Cespedes:
I've been living in the South Bay area for 20 years. For the last 12 years, my family and I lived in Manhattan Beach. My kids attend Manhattan Beach Public Schools which are within the best schools in the country. I love working with people and enjoy helping them find and
sell their homes. Being honest and able to provide excellent service to my clients is my priority. I also speak Spanish and Italian. Please call me for a consultation. I am always available!


These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.




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Mortgage Rates
30 Year Fixed: 4.98%
15 Year Fixed: 4.40%
1 Year Adj: 4.47%
(U.S. Weekly Averages)

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