White single-story home with a black front door, landscaped walkway, and large shade tree.

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]

South Bay October 2023 market report cover with beach volleyball courts, sandy shore, and oceanfront homes.

San Pedro October 2023 market update: 16 homes sold, $983,956 average sales price, and 19 average days on market.

Palos Verdes Estates October 2023 market update: 14 homes sold, $2.66 million average price, and 24 days on market.

Redondo Beach October 2023 market update: 16 homes sold, $1.71 million average price, and 20 average days on market.

Hermosa Beach October 2023 market update: 5 homes sold, $2.48 million average price, 91 days on market.

Manhattan Beach October 2023 market update showing sales statistics over a beach and pier scene.

Rancho Palos Verdes October 2023 market update: 27 homes sold, $2.30 million average sales price, and 15 average days on market.

Torrance October 2023 market update: 51 homes sold, $1.20 million average sales price, and 23 average days on market.

White single-story home with a black front door, landscaped walkway, and large shade tree.

Recent Blog Posts

Stay up to date on the latest real estate trends.

Three-story stucco home with black-framed glazing, a glass terrace balustrade, limestone entry steps and sculptural planting.

North Manhattan Beach's Holiday Stroll Kept Its Street Closure. Here's Why It Lands on a Sunday.

November & December 2026 in the South Bay: 11 Local Events Worth Adding to Your Calendar

There's something special about the South Bay as the year winds down. Coastal sunsets arrive a little earlier, downtown streets begin to glow with holiday lights, and … Read more

Nike After Dark Takes Over the South Bay: A Night to Remember

From Redondo Beach to Hermosa Beach and Torrance, Nike's nighttime half marathon put the South Bay in the spotlight.

Warm-white modern home with oak entry door, black-framed windows and damp limestone steps beside a sculptural succulent planting bed.

The 26th Street Lot Now Hinges on a Hearing at City Hall

Sunlit coastal-modern entrance with a teak door, white stucco, black-framed window, limestone steps, and sculptural agave.

At the Manhattan Beach Pumpkin Race, the Biggest Pumpkin Rarely Wins

7 Days. 6+ Offers. $405,000 Over Asking. The Strategy Behind 589 Via Del Monte.

How strategic pricing, thoughtful property improvements, professional staging, and targeted marketing helped turn a Palos Verdes Estates home into a multiple-offer suc… Read more

Before It Was the Hollywood Riviera: The Story Behind a South Bay Icon

Hollywood Riviera History | Torrance & Redondo Beach

South Bay Real Estate: Buy or Sell Before the Holidays? (2026)

Thinking of buying or selling in the South Bay before the holidays? Explore mortgage rates, local market trends, and expert advice for your next move.

Blue-hour close view of a warm-white home with an oak front door, black-framed windows, pale stone landing, and a sculptural fan aloe.

Downtown Manhattan Beach Swapped Its Storefronts in 2026. The Bigger Change Is How Late It Stays Open.

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®.