George Fotion's Market Report

Palos Verdes Estates, CA 90274

Single-Family Homes

Call Realty | www.BestPalosVerdesHomes.com | 310.346.6467



Palos Verdes Estates, CA 90274

Fri Mar 24 2023
This week the median list price for Palos Verdes Estates, CA 90274 is $6,999,000 with the market action index hovering around 50. This is an increase over last month's market action index of 46. Inventory has increased to 15. 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.

Strong Seller's Market

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 90274

Fri Mar 24 2023
This week the median list price for Palos Verdes Estates, CA 90274 is $6,999,000 with the market action index hovering around 50. This is an increase over last month's market action index of 46. Inventory has increased to 15. 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.

Strong Seller's Market

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 $6,999,000
Median Price of New Listings $4,174,000
Per Square Foot $1,118
Average Days on Market 162
Median Days on Market 182
Price Decreased 47%
Price Increased 0%
Relisted 20%
Inventory 15
Median Rent
Market Action 50
Strong Seller's Market

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.

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
$14,000,000 6,831 0.5 - 1 acre 6 8 7 0 0 245
$8,949,500 6,862 0.5 - 1 acre 6 8.5 11 0 0 336
$4,449,500 4,930 0.25 - 0.5 acre 6 5.5 44 1 0 28
$3,069,500 3,147 0.25 - 0.5 acre 4 3 59 1 1 45