$1,9666,550,269 Worth of Closed Sales Year-to-Date in the South Bay

$1,9666,550,269 Worth of Closed Sales Year-to-Date in the South Bay

As of August 21, 2018, a total of 971 single family homes have sold in the Beach Cities and Palos Verdes Peninsula with an aggregate value of $1.966 billion.  Currently, the average sale price for the entire South Bay/PV is $2,025,283, while the highest priced sales this year is $22,650,000.  Buyers through August 21 are getting an average discount of 1.72% off the list price, which is approximately $35,428 per sale.

During the same period last year, a total of 1,019 single family homes sold with an aggregate value of $2,025,048,674 at an average sale price of $1,987,290 and sales discount of 1.42%.

Here’s a look at the total number of homes listed for sale in the month of August over the past five years.

MARKET SNAPSHOT

Current Market Snapshot | ACTIVE LISTINGS
Single Family Residence | AUGUST – 5 Year   *As of 8.21.18

 
2014
2015
2016
2017
2018

El Segundo

14 16 19 15 18

Manhattan Beach

58 77 112 108 71

Hermosa Beach

21 33 37 34 32

North Redondo Beach

26 34 33 26 11

South Redondo Beach

32 29 22 33 18

Hollywood Riviera

20 30 22 15 15

Palos Verdes Estates

72 61 72 71 58

Rancho Palos Verdes

147 139 139 112 108
Rolling Hills Estates
25 25 30 28 22

Rolling Hills

21 24 30 25 28

 

“You usually have to wait for that which is worth waiting for!” — Craig Bruce

MRMLS single family residence average sales in Rolling Hills. Information is deemed accurate but not guaranteed.
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