$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 were sold with an aggregate value of $2,025,048,674 at an average sale price of $1,987,290 and a 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

Hero Photograph by Steve Brown, Sepia Productions, Inc.