George Fotion's Market Report

Palos Verdes Estates, CA 90274

Single-Family Homes

Call Realty | www.BestPalosVerdesHomes.com | 310.346.6467



Palos Verdes Estates, CA 90274

Thu Jan 17 2019
This week the median list price for Palos Verdes Estates, CA 90274 is $2,899,000 with the market action index hovering around 35. This is an increase over last month's market action index of 33. Inventory has held steady at or around 45. Click here to stay informed with the Palos Verdes Estates market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Slight Seller's Advantage

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

Thu Jan 17 2019
This week the median list price for Palos Verdes Estates, CA 90274 is $2,899,000 with the market action index hovering around 35. This is an increase over last month's market action index of 33. Inventory has held steady at or around 45. Click here to stay informed with the Palos Verdes Estates market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Slight Seller's Advantage

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 $2,899,000
Per Square Foot $814
Days on Market 121
Price Decreased 33%
Price Increased 2%
Relisted 16%
Inventory 45
Median House Rent $5,900
Most Expensive $11,900,000
Least Expensive $1,299,000
Market Action Index
Slight Seller's Advantage
35

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.

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
$5,900,000 5,693 0.5 - 1 acre 5 3 25 1 0 117
$3,350,000 3,975 8,000 - 10,000 sqft 4 3 14 2 0 145
$2,399,000 3,030 0.25 - 0.5 acre 4 2 53 3 0 75
$1,699,500 2,291 8,000 - 10,000 sqft 4 1 56 1 1 143