If you are looking to purchase a home in the South Bay and want to visit open houses in Manhattan Beach, Hermosa Beach, Redondo Beach, Torrance, El Segundo and surrounding areas, you’ve come to the right place. Our South Bay open house list has weekly schedules for all South public open houses. Take advantage of our HomeFinder and have new listings emailed to you daily. Open House schedule subject to change without any notice.
The South Bay saw big numbers in August 2013 with impressive increases in both median home price and the number of sales in many of the local communities. Hermosa Beach posted some of the most impressive numbers with 30 closed sales in this small beach community and a median home price of over $1.2M. “This is a big number but it’s especially impressive as it’s a 40% increase over median home prices in Hermosa Beach in August of 2012″ according to Hermosa Beach realtor Keith Kyle. Other cities enjoyed significant gains as well. Click on any link below to view the homes sold and home sales prices for August.
Gardena
Hawthorne
Hermosa Beach
Hollyglen
Hollywood Riviera
Lawndale
Manhattan Beach
Palos Verdes Estates
Rancho Palos Verdes
North Redondo Beach
South Redondo Beach
San Pedro
Southwood, West & South Torrance
The June home sales numbers are in and once again it was a very big month for
home prices as many areas reached multi year highs once again. The beach cities saw very high median home prices as many luxury properties sold at prices unseen in the past. Click on the links below to view the home sales for various South Bay cities.
June 2013 Home Sales
El Segundo
Gardena
Hawthorne
Hermosa Beach
Hollyglen
Hollywood Riviera
Lawndale
Manhattan Beach
Palos Verdes Estates
Rancho Palos Verdes
North Redondo Beach
South Redondo Beach
San Pedro
Southwood, West & South Torrance
May 2013 was a big month for both the number of home sales and prices in the cities of Manhattan Beach, Hermosa, Redondo Beach and El Segundo. Both the number of sales and home prices were on the rise. The chart below paints a pretty clear picture that the number of homes for sale, as well as pending sales and closed home sales is on the rise. According to local real estate expert Keith Kyle, “as we see the inventory of new listings rise we should start to see the return of a balanced market. We had a very unusual turnaround in which we went directly from a buyers market to a sellers market and never really reached an equilibrium.”
View the homes sales by clicking any of the May 2013 home sale links below.
If you’re like many South Bay home buyers, you’re probably experiencing the
frustration that so many others are….there are no homes to buy. With this incredibly low inventory the few homes that do come on the market don’t last more than a few days and often sell for prices that would have been a major challenge just a few months ago. It might be temporary, but back are the days of multiple offers, conditions favorable to the sellers, offers over the list price and a number of cash buyers to compete with. Inventory just keeps going down with fewer and fewer available homes to by. If it’s hard to picture just what’s happening the chart below couldn’t be clearer. The light green bar shows the number of active homes for sale in the cities of El Segundo, Gardena, Harbor City, Hawthorne, Hermosa Beach, Lawndale, Lomita, Manhattan Beach, Palos Verdes Estates, Palos Verdes Peninsula, Rancho Palos Verdes, Redondo Beach, Rolling Hills, Rolling Hills Estates, San Pedro, Torrance. The teal columns show sold homes and the red bar shows the pending home sales.
Keep informed on the price of Redondo Beach homes and know what direction
the real estate market is heading. See below for the median price of South Bay Homes in October and see the change in average home price from 2011. Average home prices based on one month of information can vary quite a bit based on a number of factors but the information can show an overall housing market trend in Redondo Beach.
| City | Homes Sold | October2012 Median | October2011 Median | Yearover Year % Change |
| Carson | 56 | $286,500 | $300,000 | -4.50% |
| El Segundo | 11 | $648,000 | $348,500 | 85.94% |
| Gardena | 58 | $299,250 | $260,000 | 15.10% |
| Harbor City | 14 | $337,500 | $300,000 | 12.50% |
| Hawthorne | 51 | $360,000 | $328,500 | 9.59% |
| Hermosa Beach | 15 | $835,000 | $1,000,000 | -16.50% |
| Lawndale | 10 | $252,500 | $315,000 | -19.84% |
| Lomita | 13 | $450,000 | $392,500 | 14.65% |
| Long Beach | 341 | $302,750 | $282,000 | 7.36% |
| Manhattan Beach | 36 | $1,137,500 | $1,222,500 | -6.95% |
| Marina Del Rey | 36 | $652,500 | $590,000 | 10.59% |
| Palos Verdes Estates | 31 | $1,282,500 | $1,000,000 | 28.25% |
| Playa Del Rey | 16 | $344,750 | $335,000 | 2.91% |
| Rancho Palos Verdes | 45 | $870,000 | $922,000 | -5.64% |
| Redondo Beach | 97 | $700,000 | $623,750 | 12.22% |
| San Pedro | 55 | $330,500 | $345,750 | -4.41% |
| Torrance | 121 | $467,000 | $447,500 | 4.36% |
| Westchester | 43 | $627,000 | $561,750 | 11.62% |
