The average
price for a single-family home in the South Bay rises another 7.1 percent in
June.
South Bay
housing prices continued to climb in June, according to new statistics released
by the South Bay Association of Realtors.
According to
the organization, the average prices of a single-family home in the South Bay
increased 7.1 percent while the average price for a condominium or town home
jumped more than 29 percent, compared to one year ago.
“The South
Bay housing market appears to be more stable than it was at this time last
year,” said South Bay Association of Realtors President Sheri Fejeran.
“However, we are calling on state and federal governments to support home
ownership with positive affirmation of tax benefits to families buying a home.”
In June, the
average price of a single-family home in the South Bay rose to $706,797
compared to an average price of $660,084 in June 2012. The average price for a
condo or town home in the area currently sits at $577,405 compared to $446,784
one year ago.
ITS A GREAT TIME TO SELL YOUR HOME!
If You or Someone you know is interested in selling their home, I can help! Please call or email me and we will find out what your home is worth!
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