TRENDS
A study of the number of distressed sales in the South Bay beach cities compared to the national average.
The beach cities have a significantly lower number of distressed sales:
Manhattan Beach 12.3%
Hermosa Beach 27%
Redondo Beach 27%
(Of the properties currently for sale, the percentages are even lower)
National Average 40%
Distressed Sales Study - May, 2011
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An interesting study of the number of sales and average sales prices from 2005 to 2009:
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