RE/MAX Estate Properties' Market Report
Palos Verdes Peninsula, CA 90274
Single-Family Homes
RE/MAX Estate Properties | 310-703-1900 | jsanders@eplahomes.com
Palos Verdes Peninsula, CA 90274
Fri May 09 2025
This week the median list price for Palos Verdes Peninsula, CA 90274 is $2,789,997 with the market action index hovering around 41. This is an increase over last month's market action index of 35. Inventory has increased to 8.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Seller's Advantage
Market Narrative
While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.
Real-Time Market Profile
| Median List Price | $2,789,997 | |
| Median Price of New Listings | $1,848,500 | |
| Per Square Foot | $902 | |
| Average Days on Market | 77 | |
| Median Days on Market | 7 | |
| Price Decreased | 0% | |
| Price Increased | 0% | |
| Relisted | 0% | |
| Inventory | 8 | |
| Median Rent | ||
| Market Action | 41 | |
| Slight Seller's Advantage | ||
The value placed on homes appears to be on the upswing, despite the fact that prices in general have remained basically flat. These conditions can arise when inventory is light and a greater number of smaller homes have more influence on overall prices.
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 |
|---|---|---|---|---|---|---|---|---|
| $3,842,500 | 4,830 | 1 - 2.5 acres | 5 | 3.8 | 18 | 0 | 0 | 147 |
| $2,934,997 | 3,046 | 0.5 - 1 acre | 4 | 2.8 | 67 | 0 | 0 | 129 |
| $2,440,000 | 2,775 | 0.5 - 1 acre | 3 | 2.8 | 69 | 0 | 0 | 31 |
| $1,848,500 | 1,922 | 0.5 - 1 acre | 3 | 2 | 68 | 2 | 0 | 0 |