May 2026 Market Snapshot: What We're Seeing Across the Westside & South Bay

As we head into the summer market, buyer activity remains strong throughout many of Los Angeles' premier coastal communities. While inventory has continued to come online, well-priced homes are still attracting significant attention, particularly in the South Bay, where homes are selling at a notably faster pace than many neighboring markets.

Here's a closer look at how the market performed in May 2026 across Venice, Marina del Rey, Mar Vista, and the South Bay beach cities.

South Bay Market Remains Competitive

The combined markets of Manhattan Beach, Hermosa Beach, and Redondo Beach continued to demonstrate strong buyer demand throughout May.

• Average Sales Price: $4,081,657
• Average Days on Market: 19
• New Listings: 22
• Sold Listings: 20

With nearly as many homes selling as coming to market, inventory remains relatively tight. Properties that are priced correctly and presented well continue to move quickly, reinforcing the South Bay's position as one of Southern California's most sought-after coastal regions.

Venice Sees Continued Buyer Activity

Venice maintained steady momentum throughout the month, with a healthy flow of new inventory and consistent sales activity.

• Average Sales Price: $2,318,528
• Average Days on Market: 29
• New Listings: 57
• Sold Listings: 24

The Venice market continues to attract buyers seeking a unique blend of beach lifestyle, walkability, and proximity to major employment centers on the Westside.

Marina del Rey Offers Opportunity for Buyers and Sellers

Marina del Rey remained active throughout May, with homes averaging just over one month on the market.

• Average Sales Price: $2,661,596
• Average Days on Market: 34
• New Listings: 19
• Sold Listings: 7

As inventory levels fluctuate, Marina del Rey continues to provide opportunities for both buyers looking for waterfront living and sellers hoping to capitalize on long-term demand for the area.

Mar Vista Continues to Show Strong Fundamentals

Mar Vista remained one of the Westside's most active residential markets, with solid transaction volume and steady pricing.

• Average Sales Price: $2,552,096
• Average Days on Market: 34
• New Listings: 45
• Sold Listings: 26

Known for its neighborhood feel, central location, and variety of housing options, Mar Vista continues to attract a diverse range of buyers looking for long-term value on the Westside.

Looking Ahead to Summer 2026

The overarching theme across both the Westside and South Bay remains consistent: buyers are active, inventory is improving, and homes that are priced strategically are seeing strong engagement.

The South Bay continues to lead the group in terms of market velocity, while Venice, Marina del Rey, and Mar Vista remain healthy and competitive markets with steady demand.

As we move into the busy summer season, local expertise and accurate pricing strategies remain more important than ever. Whether you're considering buying, selling, or simply staying informed about your neighborhood's market performance, understanding local trends is key to making confident real estate decisions.

Connect With The Grady Group

If you'd like a more detailed analysis of your neighborhood, a personalized home valuation, or insight into current market conditions in Manhattan Beach, Hermosa Beach, Redondo Beach, Venice, Marina del Rey, or Mar Vista, contact The Grady Group. We're always happy to provide guidance tailored to your real estate goals.

This post was written by Emma Wollitz of The Grady Group at The Agency. For more insights, visit grady-group.com/blogs or contact us at 310-995-8774.