RE/MAX Estate Properties' Market Report

Palos Verdes Estates, CA 90274

Condos/Townhomes

RE/MAX Estate Properties | 310-703-1900 | jsanders@eplahomes.com


Current active inventory in Palos Verdes Estates, CA 90274 is very low. Keep this in mind when looking at this report.

Palos Verdes Estates, CA 90274

Sat Dec 21 2024
This week the median list price for Palos Verdes Estates, CA 90274 is $959,000 with the market action index hovering around 34. This is an increase over last month's market action index of 32. Inventory has held steady at or around 1. 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 Narrative

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

Sat Dec 21 2024
This week the median list price for Palos Verdes Estates, CA 90274 is $959,000 with the market action index hovering around 34. This is an increase over last month's market action index of 32. Inventory has held steady at or around 1. 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 Narrative

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 $959,000
Median Price of New Listings $0
Per Square Foot $767
Average Days on Market 21
Median Days on Market 21
Price Decreased 0%
Price Increased 0%
Relisted 0%
Inventory 1
Median Rent
Market Action 34
Slight Seller's Advantage

Prices in this zip code are bouncing around near term trough. Look for a persistent up-shift in the Market Action Index before we see prices move significantly from here.

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
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$959,000 1,250 0.25 - 0.5 acre 2 2 50 0 0 21