South Bay Home Prices/Sales Increasing

Previous Entry | Next Entry
By
Muhammed El-Hasan
on August 25, 2009 3:20 PM | | Comments (0) |

Home prices in five South Bay cities rose in July compared to June, a sign the local housing market is stabilizing.

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.

The median refers to the middle price where half of homes sold for more and half for less.

The July monthly increases coincided with a rise in sales that allowed several local communities achieve at least 30 sales in a single month for the first time this year.

Tags:

Leave a comment

About this Entry

This page contains a single entry by Muhammed El-Hasan published on August 25, 2009 3:20 PM.

Does Rupert Murdoch Read the Daily Breeze? was the previous entry in this blog.

After Cash for Clunkers, the bad news Begins is the next entry in this blog.

Find recent content on the main index or look in the archives to find all content.

Powered by Movable Type 4.25

Search

About Biz Waves

Biz Waves is a one-stop Web hub for business news and content from the South Bay region of Los Angeles County and beyond.

The primary contributor is:

Muhammed El-Hasan, a business reporter at the Daily Breeze since 2000, covers aerospace and everything else about business in the South Bay. Muhammed previously reported at the San Bernardino Sun and the community news division of The Orange County Register. He also worked as a researcher in the Jerusalem bureau of the Los Angeles Times in 1996-97. But his career highlight as a young man was driving a forklift at a Gardena company near Hawthorne, where he grew up.

You can email Muhammed at muhammad.el-hasan@dailybreeze.com

Subscribe to RSS feed

Links