Should You Sell Your Home in the South Bay Right Now?

If you live in Hermosa Beach, Palos Verdes, Manhattan Beach, or Redondo Beach, and you’ve been thinking about selling your home, you’re probably wondering whether now is the right time. The real estate market has shifted—but that doesn’t necessarily mean it’s a bad time to list. In fact, for the right kind of home and with the right preparation, now may be a smart moment to act.

We break down what’s happening in the South Bay’s key coastal communities, what buyers are prioritizing right now, and why the timing might work in your favor if you’re planning to sell in the months ahead.

Hermosa Beach Market Update

• In June 2025, Hermosa Beach homes sold for a median price of $2.3 M, down 9.8% year-over-year, with about 59 days on market, up from 27 days last year.

• Yet, in July, the Sand Section saw roughly 80% of homes sell within 30 days, and 67% sold above asking—proving that move-in-ready homes in prime locations are still highly competitive.

• Some submarkets, like Hermosa Beach Valley, experienced a 24% increase in median price year-over-year, now at approximately $2.17 M.

What this means: While the pace has slowed, Hermosa’s appeal remains strong—especially for sellers who price and prep strategically.

Palos Verdes Peninsula Market Update

• In June 2025, the median price in Rancho Palos Verdes was around $1.5 M, down ~18% YoY, with homes taking about 62 days to sell.

• Palos Verdes Estates, in contrast, averaged $3.14 M, and homes sold in just 34 days—outpacing many other areas in the South Bay.

• Inventory across the hill hovered at 5.3 months, pointing to a neutral market.

What this means: The Palos Verdes market remains stable but requires strategy. Homes that are well-presented and thoughtfully priced still move relatively quickly, especially in premium neighborhoods.

Manhattan Beach Market Update

• In June 2025, Manhattan Beach homes sold for a median of $3.1 M, down 9.1% year-over-year.

• The average days on market increased to 38 days, from just 12 last year.

• Still, buyer competition remains strong in sought-after pockets like the Tree Section and East Manhattan Beach, where larger lots and upgraded interiors are in demand.

What this means: Manhattan Beach continues to draw high-intent buyers. Listing now—before more competition hits the market—can give sellers an edge.

Redondo Beach Market Update

• North Redondo saw a median sale price of $1.4 M in June 2025, with homes sitting 41 days on market, up from 22 the previous year.

• In South Redondo, updated townhomes and mid-tier listings near the beach performed well, especially those listed under $1.5 M.

What this means: Redondo remains a desirable entry point for buyers looking to live in the South Bay. Sellers of well-maintained homes or lightly updated properties still have a solid chance of capturing strong interest—especially with limited inventory.

What Today’s Buyers Are Looking For

Across the South Bay, buyers are showing clear preferences for:

• Move-in-ready homes that don’t need major work

• Homes with light updates, clean curb appeal, and flexible spaces

• Proximity to the beach, schools, or walkable neighborhoods

That doesn’t mean you need a full remodel to list. In many cases, a few targeted updates—paint, lighting, landscaping—can make a big difference. We help sellers identify what’s worth doing (and what’s not), and we work with a trusted network of local contractors who can help you get there.

Why Selling Now Might Be a Smart Move

• Lower competition now: Inventory remains tight in many South Bay neighborhoods. Listing now could position your home more clearly before an expected wave of fall listings.

• Rates and buyer activity may shift: If rates drop later this year, more buyers could enter the market—but they’ll also have more listings to choose from.

• Prepared homes still perform: Even in a slower market, homes that show well are still attracting multiple offers, especially in top-tier coastal areas.

What to Do Next

If you're even starting to think about selling, we’re happy to talk it through with you—no pressure. Whether you're looking to list soon or simply want to understand where you stand, we’ll provide a clear picture of your options, timelines, and what steps (if any) would help you maximize your return.

Let’s have a conversation!