One table, seven cities, the same twelve months. These are the figures we use when a client asks what a city is doing rather than what a listing says: closed sales of detached homes over the twelve months ending August 2026, drawn from the California Regional MLS through InfoSparks, and refreshed each quarter. The neighborhood pages break each city down by MLS area; this page is the view from above.
What did homes sell for across the South Bay in the twelve months to August 2026?
Manhattan Beach led the beach cities at a median of $3,800,000 and an average price per square foot of $1,643, across 270 closed sales. Hermosa Beach closed at a median of $2,720,000 with a median $1,294 per square foot on 119 sales, and Redondo Beach, the largest market on the coast by volume, at a median of $1,815,000 and an average $1,013 per square foot across 376 sales. On the Peninsula, Rolling Hills carried the highest median in the region at $4,168,500 on just 24 sales, Palos Verdes Estates closed at a median of $2,900,000 and $1,031 per square foot on 148 sales, Rolling Hills Estates at $2,684,000 and $856 per square foot on 56 sales, and Rancho Palos Verdes, the Peninsula’s volume market, at $1,893,750 and $793 per square foot across 294 sales.
| City | Median sale price | Average sale price | Price per sq ft | Closed sales | Median days on market | Median share of original list | Months of inventory |
|---|---|---|---|---|---|---|---|
| Manhattan Beach | $3,800,000 | $4,419,670 | $1,643 (average) | 270 | 12 | 100.0% | 3.0 |
| Hermosa Beach | $2,720,000 | $3,718,818 | $1,294 (median) | 119 | 12 | 99.9% | 3.3 |
| Redondo Beach | $1,815,000 | $2,081,851 | $1,013 (average) | 376 | 14 | 99.4% | 2.5 |
| Palos Verdes Estates | $2,900,000 | $3,691,195 | $1,031 (median) | 148 | 21 | 96.7% | 3.6 |
| Rancho Palos Verdes | $1,893,750 | $2,071,718 | $793 (median) | 294 | 21 | 96.9% | 3.9 |
| Rolling Hills Estates | $2,684,000 | $2,751,710 | $856 (median) | 56 | 17 | 98.0% | 3.1 |
| Rolling Hills | $4,168,500 | $4,411,750 | $1,078 (median) | 24 | 43 | 92.3% | n/a |
Manhattan Beach and Redondo Beach report the average price per square foot; the other five report the median. The two measures are not interchangeable, which is why each cell says which it is. Rolling Hills did not publish a months-of-inventory figure for the period.
Why is price per square foot the number to watch?
Median price tells you what the typical home sold for; price per square foot tells you what the market paid for the ground and the view under it, which is how value is actually set on this coast. The spread runs from $793 in Rancho Palos Verdes to $1,643 in Manhattan Beach, more than double, for cities fifteen minutes apart. Within each city the spread is wider still: the Palos Verdes Estates page shows Malaga Cove at $1,122 per square foot against a city median of $1,031, and the Manhattan Beach gradient from The Strand inland is described on the Manhattan Beach page. A buyer comparing two houses by list price alone is comparing the wrong number.
How fast do homes sell, and at what share of the asking price?
The beach cities moved in about two weeks at or near full price: a median of 12 days on market in Manhattan Beach and Hermosa Beach and 14 in Redondo Beach, with median sales at 100.0, 99.9 and 99.4 percent of original list price. The Peninsula took longer and negotiated harder: 21 days in Palos Verdes Estates and Rancho Palos Verdes at 96.7 and 96.9 percent, 17 days in Rolling Hills Estates at 98.0 percent, and 43 days in Rolling Hills at 92.3 percent, where a small number of large estates sets the pattern. Inventory sat between 2.5 months in Redondo Beach and 3.9 months in Rancho Palos Verdes, all of it below the level generally associated with a balanced market.
What does this mean for a seller?
In the beach cities, pricing at the market is rewarded within days and overpricing is punished within weeks, because the buyer pool is deep and well informed. On the Peninsula there is more room to negotiate and more time to do it, and a listing that sits past the median often does so because it was priced to a view it does not quite have. In every one of these cities the first question is the price per square foot of the last five comparable sales, not the last five listings. If you are weighing a sale, send us the address and we will show you those five.
Where do these figures come from, and how often are they updated?
Every number on this page is a twelve-month closed-sale statistic for detached homes from the California Regional MLS, generated through InfoSparks, and every city page on this site carries the same figures for its own MLS areas. We refresh them quarterly; this edition covers September 2025 through August 2026 and was published September 17, 2026. El Segundo, Torrance, San Pedro and the inland and Silicon Beach communities will be added with the next refresh. Market statistics describe cities, not individual homes; no figure here is an appraisal or an opinion of value for any specific property.
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