Peter's
Real Estate
Newsletter

March 2026

Happy March!

I'm grateful to have had the opportunity to help 4 families close on their home so far this year. It's been busy with appointments, calls, and writing offers, but it's a grind that I welcome because I get to help so many people and sharpen my skills every day!

Sales here in the South Bay are way up - there were 25% more sales in the last 30 days than there were in January. Inventory is also up, albeit only 2%. Pending sales, which are an indicator of sales in the coming month, are way up - 40% over last month. As you would expect from this data - the market is heating up, and we saw the average Days on Market (DOM) decrease by 8 days from January to February (34 in Jan, to 26 in Feb).

Interest rates continue to trickle down, and we actually saw rates dip under 6% last week, though there is some uncertainty in markets due to the current geopolitical events.

What's On the Market? 🏡

Local Spotlight ✨

​HopSaint Brewing Company​ 5160 W 190th St, Torrance​

​HopSaint Brewing Company on 190th and Anza is a great spot for slightly elevated new American cuisine, and an amazing selection of house-brewed beers on tap. We went with a group on a Friday night, and it was packed, but thankfully we were able to get a table outside relatively quickly. We ordered a bunch of plates to share - the highlights were the flatbread, brisket, and jambalaya. The beers were also top notch, with the Southern Hemi IPA being our favorite. They also have multiple TV screens so you can enjoy watching your favorite Lakers point guard "play defense!"​

Peter's Playlist✨

​J.S. Bach - The Lute Suites​ Franz Halász​

I know I'm getting old when my most played album in February was Franz Halász's Bach Lute Suite album... 🤯 Nothing against classical music, but it has never really been my "jam" until recently. Maybe it's the collective stress of negotiating deals and simultaneously watching my preteen son become more gangster by the day, but there's something about this album that brings me back to a place of much-needed sanity and peace in my daily life! I am not really familiar with Franz' overall catalogue, but I do know this guy can really play the guitar!

Feel free to reach out if there's anything I can do to help with buying or selling!
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-Peter

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Ph: 424-239-9317 | Email: peterlimrealty@gmail.com | DRE#02123642​
​Not intended as a solicitation for business if your property is currently listed with another broker.​
Our mailing address is:15301 Ventura Blvd, Building B, Ste 300, Sherman Oaks, CA 94103

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