The Defining Voice in Luxury Coastal Real Estate for Over 40 Years
Led by Neil Chhabria, Broker and CEO, with more than $375 million in career sales. The family has sold more than $2.15 billion on the Palos Verdes Peninsula and in the Beach Cities since 1984.
Both figures are drawn from MLS records. Off-market sales and activity from before the MLS are not included.
Detached homes, closed sales from October 1, 2025 through September 30, 2026, California Regional MLS (CRMLS), our own analysis. Stats presented here represent the city or area as a whole, not any one individual property. The neighborhood pages break them down by MLS area.
Manhattan Beach
22 days
Median days on market
98.4%
Median share of original list price
1.8 months
Months of inventory
$3,813,000
Median sale price
Palos Verdes Estates
27 days
Median days on market
96.4%
Median share of original list price
1.5 months
Months of inventory
$2,950,000
Median sale price
Refreshed quarterly; data pulled October 2, 2026. Days on market count every listing period, share of list price is measured against the original asking price, and both leave out sales entered into the MLS after they closed. Months of inventory is active listings on September 30 divided by the average monthly closings for July through September. No figure here is an appraisal or opinion of value for any specific property. Compare Manhattan Beach and Palos Verdes Estates with the rest of the South Bay on the South Bay Market Insights page, with full tables on each city page.
Get to know the
South Bay
Everything we'd tell a friend who just moved here. Where to surf, hike and let the dog run. Which farmers market is on which day. The local breweries, the annual events worth planning ahead for, and where to swim laps, play pickleball or catch a free summer concert. Written by Neil and his team, who live and work in the South Bay.
What's going on around the South Bay, and what it means if you own here or hope to. Weekend events and road closures, city decisions in plain English, market numbers from our own MLS research, and the local know-how that usually only comes up at an open house. Written by Neil Chhabria and our team, with every fact checked at the source so you can trust what you read.
Neil Chhabria runs Chhabria Real Estate Company as Broker and CEO. With more than $375 million in career sales on the Palos Verdes Peninsula and in the Beach Cities, he came into the business as his father's partner, and in 2016, when the family's longtime brokerage closed, he founded the independent firm that carries the name today. Buyers and sellers here work with him directly, on pricing, on strategy and at the table.
The foundation is his father's. Raju Chhabria arrived from Bangalore in 1984, fell for the peninsula, and set out to build a life here. From 1995 to 2014 he was the number one agent at Shorewood Realtors every year, and in 2012 the REAL Trends and Wall Street Journal ranking placed him tenth in the United States by individual sales volume. Between them, the family has represented more than 130 transactions along The Strand and The Esplanade.
Neil and his brother Anand carry that work forward the same way. They value a home by its land, its view and the recent sales around it, and they advise from four decades in the same neighborhoods. Whether you are buying your first home or selling one you have owned for decades, you will be working with people who know these streets.
New listings, sold results and open houses are posted to our channels first. Follow @chhabria.realestate on Instagram for the daily feed, subscribe on YouTube, and find the firm on Facebook and LinkedIn.
We are very blessed that the Chhabria’s team have helped our past 5 transactions, and we know we can always count on them to help. As we all know, purchasing or selling a home could be very stressful, but with the Chhabria’s team expertise and pr...
Jasmine Smith
Working with Neil and Anand to sell my mother's house recently has been a pleasure. This is the 2nd home that they have helped me sell within the last few years. They are trustworthy, professional, knowledgeable, and communicate well. They worked ...
Ed Hong
I’ve bought and sold a few houses in the South Bay over the years, and have worked with several agents. When it came time to sell my house this time I chose Neil and Anand because of their family’s reputation. These two are excellent agents in th...
John Blakey
It has been an absolute pleasure working with Neil. He helped us sell our previous home, and buy our current one. What we loved about him was that he listened to what we envisioned our new home location to be (walking distance to restaurants, near th...
Pavan Brar
I have been in the Palos Verdes area for almost 20 years. When I was looking for a home in the area, more than several people recommended Chhabria Real Estate Company. Raju Chhabria was fantastic and understood our needs. We bought, rented, and so...
Chris Kim
Neil Chhabria is a wonderful agent!! He is professional, personable and dedicated to our best interests. As a South Bay resident himself, Neil’s experience and knowledge of the local real estate market is impressive. He was able to zero-in on wh...
