09/26/2026
New listings hit a four-year high
This summer, we’re seeing the highest number of new listings nationwide since August 2022—an 8% jump that’s bringing active inventory closer to balanced territory. While pending sales have slowed, and mortgage rates are holding at 6.66%, affordability remains a real concern for many, even with a modest 2.2% increase in median home prices. As someone who’s navigated the South Bay and Palos Verdes Peninsula markets for decades, I understand how quickly these shifts can impact both buyers and sellers. Staying informed and positioning your property effectively is key in a market that’s always evolving.