RE/MAX Estate Properties' Market Report

Palos Verdes Peninsula, CA 90274

Single-Family Homes

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


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

Palos Verdes Peninsula, CA 90274

Wed May 08 2024
This week the median list price for Palos Verdes Peninsula, CA 90274 is $3,328,000 with the market action index hovering around 43. This is less than last month's market action index of 49. Inventory has held steady at or around 1. Click here to stay informed with the Palos Verdes Peninsula market!

Market Action Index

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

Slight Seller's Advantage

The market has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Palos Verdes Peninsula, CA 90274

Wed May 08 2024
This week the median list price for Palos Verdes Peninsula, CA 90274 is $3,328,000 with the market action index hovering around 43. This is less than last month's market action index of 49. Inventory has held steady at or around 1. Click here to stay informed with the Palos Verdes Peninsula market!

Market Action Index

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

Slight Seller's Advantage

The market has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Palos Verdes Peninsula market.
Median List Price $3,328,000
Median Price of New Listings $3,328,000
Per Square Foot $1,424
Average Days on Market 168
Median Days on Market 168
Price Decreased 0%
Price Increased 0%
Relisted 100%
Inventory 1
Median Rent
Market Action 43
Slight Seller's Advantage

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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$3,328,000 2,337 0.5 - 1 acre 4 3 68 1 0 168