The South Bay and Palos Verdes real estate markets remained active during the first half of 2026, but the numbers reveal significant differences among individual cities. From luxury estates in Rolling Hills and beachfront homes in Manhattan Beach to more accessible opportunities in San Pedro, each community continues to operate as its own distinct market.

Between January and June 2026, the combined Palos Verdes market recorded 302 residential sales at an average sale price of $3,057,775. Across the broader South Bay, Manhattan Beach posted the highest average sale price, while Redondo Beach recorded the greatest number of closed sales among the cities included in this report.

For homeowners considering selling, these numbers reinforce the importance of accurate pricing, careful preparation and neighborhood-specific marketing. Buyers have more choices in many price ranges and are paying close attention to condition, location and value.

Palos Verdes Real Estate Market

The combined Palos Verdes Peninsula market recorded:

• 549 properties listed
• Average list price of $4,295,550
• 302 properties sold
• Average sale price of $3,057,775

These figures include multiple communities with very different housing styles, lot sizes and price points. The market for a gated Rolling Hills estate cannot be evaluated in the same way as a home in Rancho Palos Verdes or Rolling Hills Estates. Understanding the individual neighborhood and recent comparable sales remains essential.

Rolling Hills

Rolling Hills recorded only seven residential sales during the first six months of 2026, with an average sale price of $4,984,300. There were 18 properties listed at an average list price of $7,100,300.

Because Rolling Hills has a small number of annual transactions, averages can be influenced by just one or two major estate sales. Acreage, views, equestrian facilities, location within the gates and the condition of the home can create substantial differences in value.

Palos Verdes Estates

Palos Verdes Estates recorded 66 sales with an average sale price of $3,521,800. During the same period, 116 properties were listed at an average price of $5,521,900.

Demand remains highly dependent on neighborhood, views and proximity to the coastline. Homes in Lunada Bay, Malaga Cove, Monte Malaga and Valmonte can perform very differently, even when they have similar square footage.

Rolling Hills Estates

Rolling Hills Estates recorded 53 closed sales at an average price of $1,958,600. There were 89 properties listed at an average list price of $1,470,400.

Rolling Hills Estates continues to attract buyers looking for excellent schools, larger lots, equestrian neighborhoods and convenient access to the rest of the South Bay.

Rancho Palos Verdes

Rancho Palos Verdes recorded 176 residential sales, the highest sales volume among the four primary Palos Verdes Peninsula cities. The average sale price was $1,766,400.

A total of 326 properties were listed at an average list price of $3,089,600. Ocean views, neighborhood, lot size, school access and property condition continue to have a major effect on value.

Beach Cities Real Estate Market

Manhattan Beach

Manhattan Beach recorded 178 residential sales at an average sale price of $4,352,400. There were 265 properties listed at an average price of $6,949,100.

Manhattan Beach had the highest average sale price among the South Bay cities included in this report. Location continues to be a major value driver, particularly in the Sand Section, Hill Section and Tree Section. Walkability, ocean views, lot size and proximity to the beach can produce substantial price differences.

Hermosa Beach

Hermosa Beach recorded 85 closed residential sales with an average sale price of $3,249,200. There were 140 properties listed at an average price of $2,982,800.

Hermosa Beach remains a highly desirable coastal market with limited housing inventory. Homes close to The Strand, properties with ocean views and thoughtfully renovated residences continue to attract strong buyer attention.

Redondo Beach

Redondo Beach recorded 323 residential sales at an average price of $1,775,400. It had the highest number of closed sales among the cities included in this South Bay report.

There were 456 properties listed at an average price of $1,708,600. Values vary significantly between South Redondo, the Hollywood Riviera, North Redondo and the areas surrounding the harbor.

San Pedro

San Pedro recorded 203 residential sales with an average sale price of $839,300. There were 343 properties listed at an average price of $847,000.

San Pedro continues to offer one of the more accessible entry points into the coastal Los Angeles real estate market. Neighborhoods such as South Shores, Vista del Oro, Point Fermin and Coastal San Pedro each have their own pricing patterns and buyer demand.

What Does the 2026 Market Mean for Sellers?

Today’s buyers are selective and well informed. Homes that are appropriately priced, professionally presented and strategically marketed are in the strongest position to attract serious interest.

Sellers should not rely solely on citywide averages when determining value. The right list price requires an analysis of recent comparable sales, current competition, property condition, location and buyer activity within the specific price range.

What Does the Market Mean for Buyers?

Buyers may find more negotiating opportunities when a property has been on the market for an extended period or requires updating. However, well-priced homes in desirable neighborhoods can still receive strong interest and multiple offers.

Buyers should be prepared with financing, understand recent neighborhood sales and act decisively when the right property becomes available.

Is Now a Good Time to Sell in Palos Verdes or the South Bay?

The best time to sell depends on the property, the seller’s goals and current competition. There is no single answer that applies to every neighborhood.

A carefully prepared home with a realistic pricing strategy can perform well even in a more selective market. For homeowners who are considering a sale, the first step is obtaining a property-specific valuation based on the most relevant and recent local data.

With more than 35 years of real estate experience and over $1 billion in career sales, Suzanne Dyer provides strategic representation throughout Palos Verdes, Rolling Hills, Manhattan Beach, Hermosa Beach, Redondo Beach and the surrounding South Bay communities.

Contact Suzanne for a confidential home valuation or a personalized discussion about buying or selling in the 2026 South Bay and Palos Verdes real estate market.

Data sourced from Trendgraphix for January through June 2026. Information is considered reliable but is not guaranteed.