Ellis Posner

Rancho Palos Verdes, CA 90275

Single-Family Homes

ellisposner.com


Rancho Palos Verdes, CA 90275

Mon Mar 10 2025
This week the median list price for Rancho Palos Verdes, CA 90275 is $2,349,000 with the market action index hovering around 37. This is about the same as last month's market action index of 37. Inventory has increased to 87. Click here to stay informed with the Rancho Palos Verdes market!

Market Action Index

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

Slight Seller's Advantage

Market Narrative

The market remains in a relative stasis in terms of sales to inventory. Prices have not been moving higher for several weeks. 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 persistently, prices are likely to resume an upward climb.

Rancho Palos Verdes, CA 90275

Mon Mar 10 2025
This week the median list price for Rancho Palos Verdes, CA 90275 is $2,349,000 with the market action index hovering around 37. This is about the same as last month's market action index of 37. Inventory has increased to 87. Click here to stay informed with the Rancho Palos Verdes market!

Market Action Index

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

Slight Seller's Advantage

Market Narrative

The market remains in a relative stasis in terms of sales to inventory. Prices have not been moving higher for several weeks. 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 persistently, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Rancho Palos Verdes market.
Median List Price $2,349,000
Median Price of New Listings $2,375,000
Per Square Foot $866
Average Days on Market 101
Median Days on Market 56
Price Decreased 39%
Price Increased 3%
Relisted 13%
Inventory 87
Median Rent
Market Action 37
Slight Seller's Advantage

Again this week we see prices in this zip code remain roughly at the level they’ve been for several weeks. Since we’re significantly below the top of the market, look for a persistent up-shift in the Market Action Index before we see prices move from these levels.

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
$5,950,000 5,358 0.5 - 1 acre 5 4.5 27 0 0 105
$2,599,500 3,078 0.25 - 0.5 acre 4 3 54 4 3 52
$2,099,500 2,660 0.25 - 0.5 acre 4 3 61 1 3 38
$1,624,000 1,854 8,000 - 10,000 sqft 3 2 65 2 2 35