South Bay real estate market is a seller's market due to the very low inventory, low demand, lower property sales, high interest rates reducing the homebuyer pool.  While the sales numbers are down, the prices are steady or a bit higher when compared to a year ago. See our ...

South Bay real estate market continues to be a seller's market due to the very low inventory, low demand, low home sales, high interest rates reducing the buyer pool.  While the sales numbers are down, the prices are steady or a bit higher when compared to a year ...

South Bay Real Estate Report for August '23

South Bay real estate market is now a seller's market due to the very low inventory, stagnant home sales, high interest rates reducing the buyer pool.  While the sales numbers are down, the prices are steady or a bit higher when ...

South Bay Real Estate Report for July '23

South Bay real estate sales is showing more signs of market stabilization. While the sales numbers are down, the prices are steady or a bit lower y-o-y.  Numbers are up when compared to previous couple of months - see June Report. Higher interest ...

South Bay Real Estate Report for June '23

South Bay real estate sales slowed down and prices have come down but we do see signs of market stabilization. Numbers are up when compared to previous couple of months - see May Report. Despite higher interest rates, our local real estate ...

South Bay real estate showed more signs of slowing down in May. Home sales are down as a result of higher interest rates and affordability issues. Below are selected real estate market reports for selected major markets in South Bay CA and Beach Cities. Below you'll find property ...

Torrance Market Update - April 2023

Total of 46 single family homes sold in Torrance in April. The average sold price was $1,195,116; median price was $1,105,500. The lowest sold price was $520,000, the highest was $2,340,000. Number of sales went down compared to ...

Torrance Market Update - May 2022

How's the market? I get asked this question a lot, especially lately, since it seems the real estate market is changing. It's too early to see the trend, so please contact us for your area update or your home market evaluation. We'll ...

Impact of Rising Home Values - Good News for Homeowners

If you’re planning to sell your Torrance South Bay CA home this season, rising prices are great news for you. But it’s important to understand why prices are rising to begin with. One major factor is supply and demand.

Anytime there ...

Redondo Beach Real Estate Update March '22

Redondo Beach real estate market is tight with higher home prices, lower sales due to the very low inventory. The homebuyer demand continued to exceed the supply of houses and condos.  It resulted in sellers receiving multiple offers and pushing prices up. Another ...