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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]

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Contact Details

Accardo Real Estate Associates

310.855.3557

[email protected]

Tony Accardo | CA DRE# 01863340

Palos Verdes Office:

550 Silver Spur Road, Suite 110
Rancho Palos Verdes, CA 90274 

 
Redondo Beach Office
1820 S. Elena Ave Suite H
Redondo Beach, CA 90277

Hermosa Beach Office

1223 Hermosa Ave
Hermosa Beach, CA 90254
 
South Bay Office
21250 Hawthorne Blvd, Suite 750
Torrance, CA 90503