Maureen Megowan's Blog

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South Bay Median Home Prices Rise

South Bay Median Home Prices in the South Bay of Los Angeles rose last month. Carson, Inglewood, Rancho Palos Verdes, Redondo Beach and Torrance all saw month-to-month increases in their respective median home prices, according to a report released Tuesday by the California Association of Realtors

One reason for the increase in the median home price is that a greater percentage of home sales are taking place in the higher priced home segment due to greater availability of Jumbo mortgage loans.

In the table above, you will notice that the cities on the Palos Verdes Peninsula have faired fairly well compared to the rest of the South Bay and Los Angeles County

For more information about Palos Verdes and South Bay Real Estate and buying and selling a home on the Palos Verdes Peninsula, visit my website at http://www.maureenmegowan.com . I try to make this the best real estate web blog in the South Bay Los Angeles and the Palos Verdes Peninsula. I would love to hear your comments or suggestions.

Comment balloon 1 commentMaureen Megowan • August 26 2009 08:11PM

Comments

Hi Maureen. It's good to hear that the South Bay median home prices rose last month. I know that we have seen a huge increase in home inspections from Manhattan to Seal Beach. Hope to work with you some day soon Happy Selling.

David From

David Home Inspection Services

Posted by David Salvato (David Home Inspection Service Home Inspector San Bernardino) over 9 years ago

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