10/09/2026
September is in the books, and South Bay sellers are still getting full price. Here’s how the month played out. 📊
📍 Manhattan Beach Key Takeaways
🔹29 homes closed in September, with a median sold price of $3.96M and an average sale of $5.04M
🔸A $25.60M sale set the high-water mark for 2026, more than $8M above last year’s top sale
🔹Homes went under contract in under 24 days on average
🔸Buyers are paying right at asking; the average sales discount sits at essentially zero
🔹Year-to-date median sales price is up 15.6%, and total sold volume is up 5.0% to nearly $988M
🔸There are 46 active listings, which is just under two months of inventory, still firmly a seller’s market
📍 Hermosa Beach Key Takeaways
🔹Only 13 homes are on the market citywide, about 1.5 months of supply
🔸7 homes closed in September, ranging from $1.55M to $4.15M, with an average sale of $2.44M
🔹Homes are selling in about 26 days, and year-to-date days on market are down 44.2% from last year
🔸Year-to-date price per square foot is up 5.5% to $1,567
🔹Two-thirds of the market is being absorbed. When something good hits, it doesn’t sit.
Heading into fall, the story is the same in both cities. There are fewer homes to choose from, they sell quickly, and buyers are paying close to asking.
Sellers: the conditions are still on your side.
Buyers: the best homes won’t wait for you. 🌊🏡
