June 2026 South Bay Real Estate Market Snapshot
July 14, 2026
July 14, 2026
If you've been following national real estate headlines, you've probably heard everything from "the market is slowing" to "buyers are returning." While those headlines may provide a broad overview, they rarely reflect what's actually happening here in the South Bay.
The truth is that every local market behaves differently. June 2026 was another reminder that Manhattan Beach, Hermosa Beach, Redondo Beach, Torrance, Palos Verdes Estates, Rolling Hills Estates, Rancho Palos Verdes, and San Pedro each have their own pace, pricing, and buyer demand.
Whether you're considering selling your home, purchasing your next property, or simply keeping an eye on your home's value, understanding local market trends provides valuable context that national statistics simply can't.
City | Homes Sold | Days on Market* | Median Sale Price** |
|---|---|---|---|
Manhattan Beach | 23 | 6 | $4,250,000 |
Hermosa Beach | 12 | 8 | $2,235,000 |
Redondo Beach | 23 | 11 | $1,800,000 |
Torrance | 76 | 12 | $1,275,500 |
Palos Verdes Estates | 12 | 27 | $3,062,703 |
Rolling Hills Estates | 5 | 12 | $1,800,000 |
Rancho Palos Verdes | 27 | 12 | $1,855,000 |
San Pedro | 21 | 19 | $938,233*** |
Median days on market.
*Median sale price unless otherwise noted.
***San Pedro reflects average sale price from a separate June 2026 market report.
With a median of just six days on market, Manhattan Beach remained one of the fastest-moving luxury markets in the South Bay during June. Well-priced, well-presented homes continue to attract strong buyer interest despite higher interest rates and ongoing market uncertainty.
Palos Verdes Estates recorded the highest median sale price in the region at just over $3 million, while Manhattan Beach and Hermosa Beach also demonstrated continued strength in the luxury market. Buyers continue to place a premium on exceptional locations, ocean proximity, and thoughtfully updated homes.
Torrance recorded the highest number of closed sales in June, reflecting its larger housing inventory and broad appeal to a wide range of buyers. Higher transaction volume doesn't necessarily indicate a hotter market—it often reflects the size and diversity of available housing.
One of the biggest takeaways from June is that there is no single "South Bay market."
Some communities continue to experience extremely limited inventory and quick sales, while others are seeing more balanced conditions that create opportunities for both buyers and sellers.
Understanding your specific neighborhood is far more valuable than relying on broad regional or national market headlines.
What's happening nationally doesn't always reflect what's happening in your neighborhood. Market conditions can vary significantly from Manhattan Beach to Rancho Palos Verdes—even when those communities are only a few miles apart.
Days on market, pricing trends, and sales activity help paint a more complete picture of buyer demand. Looking at these metrics over time provides a better understanding of where the market may be heading.
You don't need to be buying or selling today to benefit from understanding your local market. Following monthly trends helps homeowners make more informed decisions when the time is right—whether that's six months or several years from now.
The South Bay continues to be one of Southern California's most desirable places to live, but each community is responding differently to today's market conditions. That's why we believe local expertise matters.
At Accardo Real Estate Associates, we monitor market activity across Manhattan Beach, Hermosa Beach, Redondo Beach, Torrance, Palos Verdes Estates, Rolling Hills Estates, Rancho Palos Verdes, and San Pedro to help our clients understand what's happening in their own neighborhoods—not just across the country.
We'll continue sharing these monthly South Bay Market Snapshots to keep our community informed with timely, hyperlocal market insights.
If you'd like to understand how these trends relate to your home's current value or your plans for the future, we'd be happy to help.
Stay up to date on the latest real estate trends.
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