Just as we’ve seen in the Palos Verdes Estates and Manhattan Beach markets, the prices in South Redondo Beach for homes are rising!  The housing market is definitely on a rebound in the South Bay area of Los Angeles county.    The Market Action Index answers the question “how is the market?” by measuring the current rate of sale versus the amount of the inventory.  Index above 30 implies a Seller’s market.  As you can see, South Redondo Beach has just moved into Sellers Market territory.

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