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

Sun Apr 14 2024
This week the median list price for Palos Verdes Estates, CA 90274 is $1,199,000 with the market action index hovering around 52. This is an increase over last month's market action index of 47. 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.

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

Sun Apr 14 2024
This week the median list price for Palos Verdes Estates, CA 90274 is $1,199,000 with the market action index hovering around 52. This is an increase over last month's market action index of 47. 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.

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 $1,199,000
Median Price of New Listings $0
Per Square Foot $766
Average Days on Market 280
Median Days on Market 280
Price Decreased 100%
Price Increased 0%
Relisted 100%
Inventory 1
Median Rent
Market Action 52
Strong Seller's Market

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
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$1,199,000 1,564 - 3 2 48 0 0 280