MAR
March 2026  ·  South Bay Real Estate

Your Monthly
South Bay
Market Update

Happy St. Patrick's Day! The latest market trends, local events, and real estate insights for Torrance and the surrounding South Bay — straight from Frank.

Torrance  ·  Redondo Beach  ·  Palos Verdes  ·  El Segundo
Frank Kenny
Frank Kenny
South Bay Specialist · CA DRE 01250123
Market Snapshot
Torrance Market — March 2026
📈
Current Mortgage Rate
~6%
Historical average — right
in line with long-term norms
🏠
Inventory Level
Low
Still below pre-COVID levels
Sellers have the advantage
Market Condition
Active
Home prices & rents increasing
year over year

* Data reflects Torrance & South Bay market conditions — March 2026

Market Insight

What's Happening in the South Bay Market Right Now

As I write this, they are talking about interest rates going up again because of inflation! Home prices and rents are still increasing year over year, just at a slower rate. It makes more sense to pay your own mortgage and not the landlord's mortgage! The market is moving along, although still low on inventory relative to pre-COVID numbers. Real estate in California has historically held its value.

The historical average interest rate over time has been 6% and it's currently just over 6% — so it's right in line, but prices are higher of course. Call me to discuss your real estate plans even if you are a few months out so together we can create the best plan for your circumstances. For sellers on the fence, I have great options to make your move easier!

For buyers: you will gain more equity by buying now vs. waiting for any money you may think you'll save by having a lower interest rate. When rates drop even slightly below 6%, buyers flood the market fast — pushing prices higher. If you're considering buying, let's talk now before that happens. The real estate market is doing great, regardless of what you hear in the media.

"You will gain more equity by buying now vs. waiting. When rates get below 6%, buyers will be buying fast — and prices will go up."

— Frank Kenny
$1,410,000
Top Sale This Month — South Torrance
Community
What's in This Month's Newsletter
March 17, 2026
Who Was St. Patrick?
The real story behind the man who inspired St. Patrick's Day — from Roman-occupied Britain to missionary in Ireland. Hint: Ireland probably never had snakes.
📖
Featured Story
The Keeper of the Spring
A town hired a keeper to tend the mountain spring — then let him go to cut costs. A timeless reminder: never underestimate the value of a small, faithful job well done.
💰
Financial Insight
Read the Fine Print in Your Retirement Plan
Key things to know about trading limits, account valuations, and withdrawal options in your 401(k) — before you retire or switch jobs.
🧠
Health & Wellness
The Link Between Stress and Stroke
Researchers found that higher anxiety levels increase stroke risk by 14–33%. Managing stress isn't just good for your mind — it's essential for your heart.
TIP
Frank's Tip of the Month
"

The neighborhood garage sale is coming April 25th! Start organizing and planning now so you have plenty of time to prepare. Many people use it as a fundraiser — for school, sports teams, vacation, or just to declutter. Whatever your reason, it's a great community tradition. Sign up early and let us know how we can help.

Frank Kenny  ·  South Bay Real Estate Expert
Listings
Recent Listings & Sold Homes
Property Photo Coming Soon
Updated Home with City Views
Torrance, CA
Price TBD
4 Beds3 BathsCity Views
Call for Details →
Property Photo Sold
Fully Remodeled Home
South Torrance, CA
$1,410,000
3 Beds2 Baths2-Car Garage
View Details →
Property Photo Sold
Townhome in Gated Community
Gardena, CA
$490,000
2 Beds2 Baths1-Car Garage
View Details →
Property Photo Sold
Remodeled 4BD/3BA Home
San Bernardino, CA
$605,000
4 Beds3 BathsLarge Yard
View Details →
Listings
Recent Listings & Sold Homes
Property Photo Coming Soon
Updated Home with City Views
Torrance, CA
Price TBD
4 Beds3 BathsCity Views
Call for Details →
Property Photo Sold
Fully Remodeled Home
South Torrance, CA
$1,410,000
3 Beds2 Baths2-Car Garage
View Details →
Property Photo Sold
Townhome in Gated Community
Gardena, CA
$490,000
2 Beds2 Baths1-Car Garage
View Details →
Property Photo Sold
Remodeled 4BD/3BA Home
San Bernardino, CA
$605,000
4 Beds3 BathsLarge Yard
View Details →

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