Leave a Message

By providing Accardo Real Estate Company your contact information, you acknowledge and agree to our Privacy Policy and consent to receiving marketing communications, including through automated calls, texts, and emails, some of which may use artificial or prerecorded voices. This consent isn’t necessary for purchasing any products or services and you may opt out at any time. To opt out from texts, you can reply, ‘stop’ at any time. To opt out from emails, you can click on the unsubscribe link in the emails. Message and data rates may apply.

Thank you for your message. We will be in touch with you shortly.

South Bay October 2023 Market Update | Accardo Real Estate Associates

Tony Accardo November 7, 2023

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]

Recent Blog Posts

Stay up to date on the latest real estate trends.

Featured in Dwell: A Palos Verdes Masterpiece by Edward Carson Beall

An architecturally significant estate with ocean views, resort-style amenities, and timeless design earns national acclaim in Dwell magazine.

What’s New in the South Bay: Summer 2025 Restaurant Openings

Summer 2025 is heating up in the South Bay—not just with sunshine, but with a fresh wave of exciting new dining spots. From beachfront cafes to gourmet markets and san… Read more

The #1 Thing Sellers Need To Know About Their Asking Price | AREA

Pricing your home correctly is more important than ever in today's dynamic real estate market. An accurate asking price can attract serious buyers, reduce time on the … Read more

Beyond the Algorithm: How Real Strategy Delivered Real Results | 26846 Basswood Avenue Case Study

This charming Rancho Palos Verdes home was strategically listed at $1,749,000—a number that balanced market demand with seller goals. Just days later, it was under con… Read more

Spring Escapes: The Best Wildflower Hikes in SoCal this Spring

As spring unfolds in Southern California, the landscape awakens with vibrant wildflowers, offering a feast for the senses. While the anticipated superbloom may be subd… Read more

Sell Smarter: Compass Data Reveals the Advantage of Pre-Marketing Your Home

In the dynamic world of real estate, the strategy of pre-marketing properties—introducing homes to select audiences before their official listing on Multiple Listing … Read more

Hollywood Riviera: The Vision That Transformed the South Bay

Nestled along the picturesque coastline of the South Bay, Hollywood Riviera is one of the most coveted neighborhoods in Southern California. With its stunning ocean vi… Read more

52 Stunning Backyard Landscaping Ideas to Transform Your Outdoor Space

Transforming your backyard into a personal oasis can be both rewarding and enjoyable. Here are some creative landscaping ideas to inspire your next outdoor project:

Expert Interior Design & Renovation Tips from Marina Accardo with M StudioHouse Interior Design

We believe that great design is about creating a space that feels both functional and effortlessly beautiful. Whether you’re tackling a full renovation or making small… Read more

Work With Us

Tony and his team set out to be not just the best possible realtors but also trusted resources. Their experience goes well beyond their years as South Bay's top-producing Realtors®.