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

Tue Apr 23 2024
This week the median list price for Palos Verdes Estates, CA 90274 is $1,079,500 with the market action index hovering around 51. This is less than last month's market action index of 53. Inventory has held steady at or around 2. 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

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Palos Verdes Estates, CA 90274

Tue Apr 23 2024
This week the median list price for Palos Verdes Estates, CA 90274 is $1,079,500 with the market action index hovering around 51. This is less than last month's market action index of 53. Inventory has held steady at or around 2. 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

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Palos Verdes Estates market.
Median List Price $1,079,500
Median Price of New Listings $1,060,000
Per Square Foot $839
Average Days on Market 18
Median Days on Market 18
Price Decreased 0%
Price Increased 0%
Relisted 0%
Inventory 2
Median Rent
Market Action 51
Strong Seller's Market

Recently prices in this zip have settled at a plateau even though they dipped this week. Look for a persistent up-shift in the Market Action Index before we see prices significantly 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
N/A N/A N/A N/A N/A N/A N/A N/A N/A
N/A N/A N/A N/A N/A N/A N/A N/A N/A
$1,099,000 1,273 0.25 - 0.5 acre 2 2 53 0 1 7
$1,060,000 1,299 0.25 - 0.5 acre 2 2 53 1 0 28