We’ve seen a big turn around for pending home sales (homes going into escrow) for the South Bay since the beginning of the year. December saw a low point with only 267 pending sales. It’s gone up dramaticallywith 366 pending sales in January and 503 homes in February. Active homes for sale in the South Bay are following a similar trend although the increase in active listings isn’t quite as dramatic.
This information and the chart below includes the South Bay cities of El Segundo, Gardena, Harbor City, Hawthorne, Hermosa Beach, Lawndale, Lomita, Manhattan Beach, Palos Verdes Estates, Palos Verdes Peninsula, Rancho Palos Verdes, Redondo Beach, Rolling Hills, Rolling Hills Estates, San Pedro, Torrance.