Bhaus Eight May Newsletter
Our Bhaus Eight May Newsletter has just dropped!
🆕 We are excited to share that our team is now a PV Specialist, and have joined the Association of Realtors in Palos Verdes, in addition to our Southbay Association of Realtors. We can't wait to share all the many intricacies of buying and selling in the PV Peninsula, and help our clients as they navigate the PV Peninsula market.
Big-picture takeaway:
🏡 The South Bay is still one of the strongest luxury/coastal submarkets in LA County. Inventory has improved slightly versus the ultra-tight 2021–2023 period, but demand for well-located homes near the beach remains high. The market is behaving differently by price tier:
💵 Under ~$2M: still very competitive, especially for updated condos, townhomes, and smaller single-family homes.
$2M–$4M: selective but active — turnkey homes move quickly.
$5M+: more negotiation leverage for buyers, longer marketing times.
💹 Mortgage rates remain the main pressure point, but constrained coastal inventory continues supporting prices. Reddit discussions from local buyers/sellers also reflect that the South Bay remains competitive despite some softening at higher price points.
What buyers are doing right now?
Buyers
• Being more selective than 2 years ago
• Negotiating inspections/credits more often
• Jumping quickly on turnkey inventory
• Expanding searches eastward when priced out
Sellers
• Still benefiting from low inventory
• Need realistic pricing to avoid stale listings
• Best-prepared homes continue outperforming
🌴 Overall, the South Bay remains fundamentally supply-constrained and lifestyle-driven, which is why pricing has stayed resilient compared with many broader LA markets. The market isn’t “hot frenzy” like 2021, but it’s still structurally strong coastal real estate.
📞 Please give us a call with any questions about buying or selling in our area!
Bianca
DRE 01779406
📞 310.738.5433
Broker | Co-Founder
Sonia
DRE 01712174
📞 310.569.4223
Broker | Co-Founder
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