South Bay Median Home Prices on the Rise
Year over year median home prices increased in most South Bay cities for September 2012. 12 of the 18 cities we track saw increases in median prices from September of the previous year. Manhattan Beach real estate along with Hermosa and Torrance saw double digit increases while Redondo Beach had an increase in home values of only 1%.
Click here to view the sold homes listed per South Bay city for the month of September. To see charts and information on real estate trends visit our market trends section.
| City | Homes Sold |
September 2012 Median |
September 2011 Median |
Year over Year % Change |
| Carson | 54 | $270,000 | $277,500 | -2.70% |
| El Segundo | 16 | $595,750 | $550,000 | 8.32% |
| Gardena | 44 | $310,000 | $279,000 | 11.11% |
| Harbor City | 19 | $215,000 | $238,000 | -9.66% |
| Hawthorne | 40 | $383,500 | $327,500 | 17.10% |
| Hermosa Beach | 23 | $1,037,500 | $905,000 | 14.64% |
| Lawndale | 15 | $241,000 | $285,000 | -15.44% |
| Lomita | 13 | $410,000 | $407,000 | 0.74% |
| Long Beach | 286 | $295,000 | $285,500 | 3.33% |
| Manhattan Beach | 29 | $1,300,000 | $1,125,000 | 15.56% |
| Marina Del Rey | 30 | $706,000 | $611,250 | 15.50% |
| Palos Verdes Estates | 31 | $1,085,500 | $1,100,000 | -1.32% |
| Playa Del Rey | 14 | $405,000 | $522,500 | -22.49% |
| Rancho Palos Verdes | 47 | $950,000 | $893,000 | 6.38% |
| Redondo Beach | 73 | $659,000 | $652,500 | 1.00% |
| San Pedro | 44 | $372,500 | $310,000 | 20.16% |
| Torrance | 123 | $462,000 | $403,000 | 14.64% |
| Westchester | 39 | $625,000 | $659,000 | -5.16% |