Communities

Today’s California and South Bay real estate market isn’t simply about rising or falling prices — it’s about understanding the signals beneath the headlines. With tight inventory, strong buyer demand, and a continued shift toward seller-favorable conditions, both buyers and sellers need sharper strategy than ever before. In this market update, we breaks down what’s really happening, what it means for your next move, and how to position yourself for success in an evolving 2026 market.

The South Bay real estate market is beginning to wake up as we head into the spring season. Inventory remains limited across much of the region, keeping the market slightly in seller’s territory overall, while certain neighborhoods are offering buyers more opportunities than we saw this time last year. Well-prepared homes are still selling quickly — many within the first 30 days — and often close very close to the asking price.

In this month’s Scherb Homes Market Report, we take a closer look at what’s happening across Rolling Hills, Manhattan Beach, Hermosa Beach, Palos Verdes Estates, Rolling Hills Estates, Rancho Palos Verdes, the Hollywood Riviera, Redondo Beach, Torrance, and San Pedro. The report breaks down key data points like pricing, inventory levels, days on market, and local trends — along with Cliff’s notes on what buyers and sellers should be thinking about as we move into the heart of the 2026 spring market.