09/12/2026
Saturday, September 12 — Palos Verdes & South Bay Daily Market Activity (Session 111)
141 MLS events today: 25 In Escrow, 37 New Listings, 31 Price Reduced, 10 Back on Market, 22 Closed Sales, 16 Off Market.
Both of my derivatives crossed their lines for the second day in a row. Twenty-five escrows against 37 new listings is an Absorption Coefficient of 0.676, the 11th-lowest of 111 sessions. Ten listings back on market against 25 escrows is an Escrow Fragility Index of 28.57%. Together that is a dual-threshold breach — number 13 — and the fifth inside the cluster that started August 29 (S97, S104, S107, S110, S111). No prior cluster ever went past three. It is the second back-to-back breach pair in the series and the third straight day under 1.0. September is now pooling at 0.987 — below equilibrium for the first time this month.
Here is what flipped from Friday. Friday, Manhattan Beach listed ten and absorbed none. Saturday, Manhattan Beach listed one and put six into escrow worth $20,695,000: 201 5th Street (trust, 1998, 2,170 sq ft on a walk-street lot) at $5,500,000; 2412 John Street (2015 build) at $4,295,000 in 30 days; 1732 N Poinsettia at $3,950,000; 2000 Harkness (trust) at $2,799,000 after 66 days; 813 Bayview, a 1930 duplex, at $2,450,000; 426 S Peck (trust) at $1,701,000. Friday's $11,000,000 listing at 1002 10th Street went to Hold today at zero days. The supply moved inland: Torrance listed eleven and absorbed three; San Pedro seven and one; Inglewood four and one; Carson three and one. Twenty-one of the 37 new listings are under $1 million, and only three are at $3 million or more, against twelve on Friday.
The fragility side, with transition codes restored: five of the ten back-on-market rows are Hold→Active flips (807 Esplanade, Redondo at $7,995,000; 5726 Sunmist, RPV at $2,199,000; 2649 Dalemead, Torrance at $1,280,000; a Marcelina condo; a Lomita Blvd mobile home), one is a relist of Friday's expired 1247 N Neptune in Wilmington, and four are genuine fall-outs: 1629 Via Zurita, Palos Verdes Estates back at $2,299,999 after 113 days; 222 N Juanita , Redondo (trust) at $1,595,000 after 131; 8712 Chessington , Inglewood at $649,000; 26105 Frampton , Harbor City at $610,000. Pure-basis fragility is 13.79%; the Status-governed 28.57% enters the series.
Twenty-two homes closed for $27,573,990, median $1,007,500. 1643 10th Street, Manhattan Beach at $3,600,000 ($1,105/sq ft). 1 Colina Lane, Rolling Hills Estates at $2,500,000 in 46 days — 4,310 sq ft on 34,993 sq ft, $580/sq ft. 22002 Ocean Avenue, Torrance at $2,220,000 after 175 cumulative days. 429 11th Street, Hermosa at $2,125,000 in 21 days. 2315 Clark Lane , Redondo at $1,950,000. 2012 Morgan Lane , Redondo at $1,780,000. 670 6th Street, Hermosa at $1,550,000 ($1,378/sq ft — land). Eight townhomes closed, including two brand-new 2026 units on Coral Sea Lane in San Pedro.
In escrow: 30717 Rue Langlois, RPV (2020 build, 5,075 sq ft) at $5,888,000 after 94 days; 5465 Valley View, RPV (trust, 4,837 sq ft) at $2,900,000 in 46; 28935 Palos Verdes Drive East on 42,245 sq ft at $2,595,000 in 37; 5630 Sunmist, RPV (trust) at $2,050,000 in 56; 1428 Via Cataluna, PVE at $1,970,000; 4834 W 118th Place, Hawthorne (7,153 sq ft apartment building) at $2,000,000; 4215 W 130th, Hawthorne (triplex) at $1,399,000 in 22 days; 910 Firmona, Redondo at $1,599,000; 14625 Kingsdale, Lawndale in 15 days at $699,999.
On the hill: 1413 Via Castilla, PVE (1980, 6-bed, 5,298 sq ft) was cancelled today at $4,598,000 after 152 days and relisted at $4,295,000 the same day. 1417 Via Coronel, PVE expired at $8,999,000 after 54 days. 2700 Via Campesina, PVE went to Hold at $1,850,000 after 129. 1 Park Place, RPV (trust) came on at $3,299,000; 1205 Via Landeta, PVE at $2,250,000; 27117 Woodbrook, RPV at $1,550,000. 6309 Via Colinita, RPV cut to $2,199,000 at 109 days. 57 Via Del Cielo, RPV trimmed to $15,846,160 at 568 days. And 1016 The Strand, Manhattan Beach (1938 triplex) cut $600,000 to $8,695,000 at 86 days.
Buyers: the four genuine fall-outs are the softest sellers in the file — Via Zurita first. The seven trust listings that came on today (three in Torrance) are the most predictable. On Sunmist Drive, 5630 went pending at $2,050,000 today while 5726 came off Hold at $2,199,000 on a smaller lot — write on 5726 with 5630 attached. Sellers under $3M: price to the closed per-foot bands and you are in the 33-day cohort. Sellers above $4.5M in PVE or Manhattan: the buyers this week chose new construction, trusts and relist discounts. Launch with the second number.
I track this market every single day and have for 45+ years. Want to know what today means for your home, or the home you want next? Message me or call (424) 722-9136.