March saw some strong numbers in most South Bay cities with most cities seeing a rise in home prices over the previous March.  Hawthorne saw a 14.9% price increase over March 2018.  There was a 21% drop in the number of homes that sold but in a smaller city like Hawthorne that’s not unusual.  The average sales price was $703,000 for the month.

City
Zip

March 2018

# Sold Homes

March 2018

Avg Sales Price

March 2019

# Sold Homes

March 2019

Avg Sales Price

% Change from the # of homes sold

% Change from the Avg Sales Price

El Segundo
90245
10
$,513,000
10
$1,410,000
0%
-6.%
Gardena
90247
10
$535,000
7
$540,000
-30%
0.9%
Gardena
90248
5
$540,000
2
$581,000
-60%
7.5%
Gardena
90249
12
$525,000
13
$550,000
8%
4.%
Harbor City
90710
7
$620,000
3
$689,000
-57%
11%

Hawthorne

90250

29

$612,000

23

$703,000

-21%

14.9%

Hermosa Beach
90254
11
$1,927,000
12
$1,625,000
9%
-15.7%
Lawndale
90260
6
$550,000
10
$654,000
67%
1.9%
Lomita
90717
12
$611,000
10
$662,000
-17%
8.3%
Manhattan Beach
90266
27
$2,225,000
28
$2,225,000
4%
0%
Rancho Palos Verdes
90275
35
$1,690,000
23
$1,853,000
-34%
9.6%
Redondo Beach
90277
23
$1,490,000
10
$1,330,000
-57%
-10.7%
Redondo Beach
90278
13
$978,000
18
$1,104,000
38%
12.9%
Torrance
90501
17
$675,000
11
$605,000
-35%
-10.4%
Torrance
90502
7
$519,000
7
$583,000
0%
12.3%
Torrance
90503
16
$904,000
14
$929,000
-13%
2.8%
Torrance
90504
12
$723,000
20
$745,000
67%
3%
Torrace
90505
16
$963,000
20
$900,000
25%
-6.5%

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