Market Report

Palos Verdes Estates, CA

Single-Family Homes

Chartwell Escrow



Palos Verdes Estates, CA

Sat Mar 02 2024
This week the median list price for Palos Verdes Estates, CA is $4,922,500 with the market action index hovering around 42. This is less than last month's market action index of 43. Inventory has increased to 28. Click here to stay informed with the Palos Verdes Estates market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market appears to have begun to cool. As we’re still notably in the Seller’s zone, prices have not yet adjusted. If the market continues to cool, then expect prices to follow lower. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Palos Verdes Estates, CA

Sat Mar 02 2024
This week the median list price for Palos Verdes Estates, CA is $4,922,500 with the market action index hovering around 42. This is less than last month's market action index of 43. Inventory has increased to 28. Click here to stay informed with the Palos Verdes Estates market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market appears to have begun to cool. As we’re still notably in the Seller’s zone, prices have not yet adjusted. If the market continues to cool, then expect prices to follow lower. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Real-Time Market Profile

Never miss important changes in the Palos Verdes Estates market.
Median List Price $4,922,500
Median Price of New Listings $0
Per Square Foot $1,311
Average Days on Market 113
Median Days on Market 109
Price Decreased 43%
Price Increased 7%
Relisted 18%
Inventory 28
Median Rent
Market Action 42
Slight Seller's Advantage

Prices continue their climb again this week. We’re a long way from the market’s price high-point so watch the Market Action Index as an indicator of how long this trend will last.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$13,998,000 8,610 0.5 - 1 acre 6 8 17 0 0 154
$5,890,000 4,206 0.25 - 0.5 acre 5 5 54 0 0 112
$3,895,000 3,189 0.25 - 0.5 acre 4 4 56 0 0 28
$2,730,000 2,293 8,000 - 10,000 sqft 3 3 62 0 2 126