South Bay housing prices are up in September; mixed results in the market overall

We just released our September 2009 housing statistics for the South Bay market. In brief: In September 2009 as compared to September 2008, median price is up while the average price is down. Months supply of nventory is way down while average days on market is generally flat. This may suggest a stabilizing lower end of the market even as the higher end is tapering off somewhat. Our full press release is available here. More information in the Daily Breeze, including data from the California Association of REALTORS®, is available here.