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South Bay October 2023 Market Update | Accardo Real Estate Associates

Check out the latest market trends in the South Bay for October 2023. 
 
In the South Bay real estate market, the latest data reveals a snapshot of property sales in various neighborhoods. Manhattan Beach saw 5 homes sold with a median sales price of $3.39 million and an average of just 13 days on the market. Hermosa Beach also had 5 homes sold, boasting a median sales price of $2.48 million, albeit with a longer average of 91 days on the market. Redondo Beach recorded 16 homes sold at a median price of $1.71 million within 20 days on average. Meanwhile, Torrance witnessed 51 homes sold at a median price of $1.20 million, typically spending 23 days on the market. For Palos Verdes Estates, 14 homes were sold at a median price of $2.66 million, with an average of 24 days on the market. Rancho Palos Verdes had 27 homes sold with a median price of $2.30 million and an average of 15 days on the market. Lastly, San Pedro saw 16 homes sold at a median price of $983,956 and an average of 19 days on the market.
 

Manhattan Beach

 
Sold Homes: 5
 
Median Sales Price: $3.39
 
Average Days on Market: 13
 

Hermosa Beach

 
Sold Homes: 5
 
Median Sales Price: $2.48 M
 
Average Days on Market: 91
 

Redondo Beach

 
Sold Homes: 16
 
Median Sales Price: $1.71 M
 
Average Days on Market: 20
 

Torrance

 
Sold Homes: 51
 
Median Sales Price: $1.20 M
 
Average Days on Market: 23
 

Palos Verdes Estates

 
Sold Homes: 14
 
Median Sales Price: $2.66 M
 
Average Days on Market: 24
 

Rancho Palos Verdes

 
Sold Homes: 27
 
Median Sales Price: $2.30 M
 
Average Days on Market: 15
 

San Pedro

 
Sold Homes: 16
 
Median Sales Price: $983,956
 
Average Days on Market: 19
 
For more detailed information and personalized advice on the local real estate market, reach out to Accardo Real Estate Associates today.
 
Tony Accardo
 
310.855.3557 | [email protected]
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