Pango Group

Rancho Palos Verdes, CA

Single-Family Homes

www.pangogroup.com



Rancho Palos Verdes, CA

Thu Mar 27 2025
This week the median list price for Rancho Palos Verdes, CA is $2,350,000 with the market action index hovering around 35. This is less than last month's market action index of 37. Inventory has increased to 89. Click here to stay informed with the Rancho Palos Verdes market!

Market Action Index

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

Slight Seller's Advantage

Market Narrative

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Rancho Palos Verdes, CA

Thu Mar 27 2025
This week the median list price for Rancho Palos Verdes, CA is $2,350,000 with the market action index hovering around 35. This is less than last month's market action index of 37. Inventory has increased to 89. Click here to stay informed with the Rancho Palos Verdes market!

Market Action Index

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

Slight Seller's Advantage

Market Narrative

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its 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 Rancho Palos Verdes market.
Median List Price $2,350,000
Median Price of New Listings $2,500,000
Per Square Foot $863
Average Days on Market 103
Median Days on Market 49
Price Decreased 38%
Price Increased 3%
Relisted 13%
Inventory 89
Median Rent
Market Action 35
Slight Seller's Advantage

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

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
$5,449,500 5,087 0.5 - 1 acre 5 4.5 27 3 2 87
$2,704,500 2,968 0.25 - 0.5 acre 4 3 55 2 1 28
$2,187,500 2,839 0.25 - 0.5 acre 4 2.8 61 1 4 52
$1,598,000 1,864 0.25 - 0.5 acre 3 2 65 3 4 56