South Bay Real Estate Market Update: April 2025 Home Prices & Local Insights

🏡 South Bay Real Estate Market Update – April 2025
What the Latest Case-Shiller Report Means for Hermosa Beach, Manhattan Beach, Redondo Beach & Palos Verdes
The February 2025 S&P Case-Shiller Home Price Index reported a 3.9% year-over-year increase in U.S. home prices. While this national trend signals a slight cooling in price growth, the South Bay real estate market continues to show strong demand, especially in premium coastal neighborhoods like Hermosa Beach, Manhattan Beach, Redondo Beach, and the Palos Verdes Peninsula.
🔍 What’s Happening in Your South Bay Neighborhood?
Hermosa Beach Real Estate Update
Inventory remains low, particularly for single-family homes in walkable locations. Properties between $1.8M and $3M with updated features or outdoor space are still in demand. Sellers here benefit from less competition, and well-presented homes attract motivated buyers.
Manhattan Beach Market Trends
Luxury buyers are taking a more measured approach, but demand hasn’t faded—especially in the Sand Section, Tree Section, and East MB. Properties in the $3M–$6M range that are priced with care and staged professionally continue to perform well.
Redondo Beach Home Sales Activity
North Redondo, Golden Hills, and South Redondo continue to appeal to first-time and move-up buyers. Homes under $1.8M that are turnkey and well-located are moving quickly. Price-sensitive buyers are still very active and responsive to value.
Palos Verdes Real Estate Market
In Rancho Palos Verdes, Palos Verdes Estates, Rolling Hills, and Rolling Hills Estates, homes with views, large lots, or desirable school zoning remain in demand. Condition and layout are key. Buyers are gravitating toward move-in ready homes with lifestyle upgrades.
📈 Local Market Takeaways for South Bay Buyers & Sellers
For Sellers:
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You don’t need to underprice—you need to price with strategy.
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Homes with professional photos, staging, and marketing stand out.
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The best-performing listings align with current buyer expectations on price, condition, and presentation.
For Buyers:
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South Bay isn’t following the national slowdown. Our market remains resilient due to lifestyle demand, school districts, and coastal proximity.
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Being pre-approved and ready to act still matters.
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Off-market and quiet listings continue to provide opportunity if you’re working with a local expert.
💡 Thinking of Making a Move?
Whether you’re planning to buy, sell, or just want a personalized update on your home’s current value in South Bay, let’s connect. I specialize in local market insights and make the process less stressful with honest advice and real results.
📍Serving Hermosa Beach, Manhattan Beach, Redondo Beach, Palos Verdes, and surrounding South Bay neighborhoods.
📞 Call or Text Kevin Scott: 310-806-2738
📧 Kevin@KevinScottRealEstate.com
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