South Bay Real Estate Market: A Look Back at 2024 and What’s Next

Now that we’ve settled into 2025, it’s the perfect time to reflect on how the South Bay real estate market performed in 2024 and what trends we might expect in the coming months. The market has continued to show resilience, with home values holding strong despite fluctuating interest rates and economic shifts. Areas like Redondo Beach, Torrance, and Manhattan Beach remained highly desirable, while Palos Verdes Estates maintained their status as a luxury enclave.