If you’re wondering what’s happening in the South Bay real estate market this September 2025, the numbers show a market that’s balanced but still seller-leaning. Mortgage rates have dipped to the mid-6% range, giving buyers a little more breathing room, while sellers in prime neighborhoods like Hermosa Beach, Manhattan Beach, Redondo Beach, Torrance, San Pedro, Long Beach, and Palos Verdes continue to see strong demand for well-priced homes.
With more than 40 years of combined real estate experience, we’ve seen the South Bay through multiple market cycles. What we’re seeing now is a more selective market: serious buyers are stepping up for the right homes, while properties that are overpriced or dated are sitting longer.
South Bay & Coastal Market Snapshot – September 2025
| Area / City | Median Sales Price | YoY Change | Days on Market |
|---|---|---|---|
| Hermosa Beach | $2.35M–$2.49M | +12% to +40% | ~60 |
| Manhattan Beach | $3.84M | +27% | ~40 |
| Redondo Beach 90277 (South) | $1.67M | +1% | ~41 |
| Redondo Beach 90278 (North) | $1.52M | +7% | ~42 |
| Torrance | $1.30M | −3% | ~39 |
| San Pedro 90731 | ~$905K | +6.2% | ~58 |
| San Pedro 90732 | ~$921K | +1.8% | ~39 |
| Long Beach (Citywide) | ~$828K | −9.1% | ~53 |
| Long Beach 90803 (Naples/Belmont Shore/Peninsula) | ~$1.34M | +7% | ~48 |
| Long Beach 90815 (Los Altos) | ~$1.05M | +2.2% | ~35 |
| Long Beach Luxury (>$2M) | $2M–$6.7M+ | Mixed | 90–150+ |
| Palos Verdes Estates (PVE) | ~$2.44M | −7.7% | ~85 |
| Rancho Palos Verdes (RPV) | ~$1.83M | −2.2% | ~47 |
Hermosa Beach Real Estate Market September 2025
Sand Section: Still commands the highest price per square foot in Hermosa Beach. Homes are closing near asking, with end-users driving demand and investors active along The Strand. We’re seeing Strand buyers laser-focused on lifestyle — ocean views and walkability win every time.
East Hermosa: Popular among first-time buyers and move-up locals. Fast-moving when priced correctly, with strong list-to-sale ratios. Many of the younger families we’ve worked with this year are targeting East Hermosa for value and schools.
Manhattan Beach Housing Market Update September 2025
Tree Section: Families flock here for charm, schools, and walkability. Strong demand pushes many sales above list price when homes are staged and move-in ready. Just last week, we saw multiple offers on a Tree Section home that had fresh landscaping and staging.
Hill Section: Ocean-view properties continue to attract luxury buyers. Homes take longer to sell than in the Tree Section, but precise pricing brings strong results. Buyers here tend to be selective — they’ll wait for the right view property rather than settle.
Redondo Beach Housing Trends September 2025
North Redondo (90278): Popular with young professionals and commuters working in tech and aerospace. Offers newer construction and relative affordability compared to Manhattan or Hermosa. Several of our relocating clients from the Westside have chosen North Redondo for its balance of space and access.
South Redondo (90277): Ocean-view homes near the Esplanade and Riviera Village remain hot, selling close to list. Walkability and lifestyle amenities are key demand drivers. Homes with updated decks and outdoor spaces are commanding extra attention.
Torrance Real Estate Market September 2025
West Torrance: Top-ranked schools keep this neighborhood highly competitive. Updated homes sell quickly, especially those near parks.
Old Torrance: Historic charm and stability; homes average around $900K with strong demand. Buyers love the vintage feel paired with modern updates.
Walteria: A “sleeper” hit offering parks, trails, and neighborhood character. Well-prepared listings sell close to list price. We’ve had multiple buyers ask specifically about Walteria this summer, drawn by its balance of space and community.
San Pedro Housing Market September 2025
Coastal San Pedro: Median sales just under $1M, up over 6% YoY. Updated and ocean-view homes attract strong attention. Buyers here want “move-in ready” more than ever.
Central & Northwest San Pedro: Around $850K and flat year-over-year. Homes priced above the comp set linger longer, underscoring the need for realistic positioning. We’ve toured listings here that would have sold faster with tighter pricing.
Long Beach Real Estate Market Update September 2025
90803 (Naples, Belmont Shore, Peninsula): Median price ~$1.34M, up 7% YoY. Homes take ~48 days to sell. Buyers have modest negotiating room, but prime waterfront and Peninsula estates still command premiums.
90815 (Los Altos): Median price ~$1.05M, up 2.2%. Very competitive—homes here often draw multiple offers and sell quickly. We’ve seen buyers here waive contingencies to secure a win.
90802 (Downtown / Alamitos Beach condos): Around $470K, down double digits YoY. Buyers have more leverage here with longer DOM and higher inventory.
Long Beach Luxury Real Estate (>$2M)
The Long Beach luxury real estate market above $2M is highly selective. The average pace is 3–5 months on the market, reflecting a narrower buyer pool. The bottom line: well-positioned waterfront and Peninsula estates are selling, while homes with over-ambitious pricing or dated finishes are sitting. Success in this tier requires very precise pricing and professional presentation; homes that miss the mark tend to linger and face reductions. From our experience, the right staging and pricing strategy makes all the difference in this tier.
Palos Verdes Housing Market Trends September 2025
Palos Verdes Estates (PVE): Median ~$2.44M, down nearly 8% YoY. Homes here take ~85 days on average to sell. The longer timeline reflects unique property types and premium view lots—buyers remain selective, but strong presentation drives results.
Rancho Palos Verdes (RPV): Median ~$1.83M, down about 2% YoY. Faster pace (~47 DOM) than PVE, attracting buyers seeking value and view homes at lower price points than Hermosa or Manhattan. We’ve noticed buyers relocating from West LA see RPV as a compelling alternative to pricier coastal markets.
Tips for Buyers & Sellers in the South Bay, San Pedro & Long Beach
For Buyers: Get pre-approved and rate-locked—mortgage volatility means preparation is key. Move quickly on turnkey homes in hot areas like the Hermosa Sand Section or Manhattan Tree Section. Negotiate smartly on homes sitting 30+ days; sellers are more open to credits and rate buydowns.
For Sellers: Strategic pricing is everything. Meeting the market early preserves leverage and avoids reductions. Professional staging and photography boost visibility and justify pricing. Use smart incentives—offering credits for rate buydowns can expand your buyer pool.
Investment Perspective – Why South Bay Real Estate Holds Long-Term Value
The South Bay and coastal LA markets remain some of the most resilient in Southern California. Limited supply: Coastal geography + zoning restrictions = constrained inventory. Proximity to jobs: Near LAX, Silicon Beach, aerospace, and entertainment hubs. Lifestyle appeal: Beach access, walkability, and community living continue to attract buyers. Recession resilience: Prime neighborhoods in Manhattan Beach, Redondo’s Avenues, and Palos Verdes Estates have historically held value during downturns.
Thinking of Buying or Selling in the South Bay, San Pedro or Long Beach?
Whether you’re eyeing a Hermosa Beach Sand Section cottage, a Manhattan Beach Tree Section family home, a South Redondo view property, a Torrance school-belt SFR, a San Pedro coastal gem, or a Naples waterfront estate in Long Beach, this market demands local expertise and strategic guidance.
With over 40 years of combined real estate experience, we’ve guided clients through every type of South Bay market. Let’s talk about your goals and create a plan that works for you.
📞 310-698-6444 | 📧 [email protected]
🏡 Serving Hermosa, Manhattan, Redondo, Torrance, San Pedro, Long Beach & the Palos Verdes Peninsula
