Your Local Market Report

Palos Verdes Estates, CA

Single-Family Homes



Palos Verdes Estates, CA

Sat Sep 21 2019
This week the median list price for Palos Verdes Estates, CA is $2,537,000 with the market action index hovering around 31. This is an increase over last month's market action index of 30. Inventory has held steady at or around 80. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Palos Verdes Estates, CA

Sat Sep 21 2019
This week the median list price for Palos Verdes Estates, CA is $2,537,000 with the market action index hovering around 31. This is an increase over last month's market action index of 30. Inventory has held steady at or around 80. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Palos Verdes Estates market.
Median List Price $2,537,000
Per Square Foot $786
Days on Market 114
Price Decreased 51%
Price Increased 0%
Relisted 9%
Inventory 80
Median House Rent
Most Expensive $27,500,000
Least Expensive $1,249,000
Market Action Index
Slight Seller's Advantage
31

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

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
$4,812,450 5,632 0.25 - 0.5 acre 5 5 34 1 0 158
$2,998,500 3,982 0.25 - 0.5 acre 4 3 39 0 0 137
$2,265,000 2,753 8,000 - 10,000 sqft 4 2 57 3 2 84
$1,734,500 2,098 8,000 - 10,000 sqft 3 1 64 4 3 79