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

Mon Nov 19 2018
This week the median list price for Palos Verdes Estates, CA 90274 is $2,922,000 with the market action index hovering around 32. This is less than last month's market action index of 33. Inventory has held steady at or around 58. 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

While the Market Action Index shows some strengthening in the last few weeks, prices have settled in a bit of a plateau. We are currently in a Seller’s market so prices will likely resume their climb should this trend persist.

Palos Verdes Estates, CA 90274

Mon Nov 19 2018
This week the median list price for Palos Verdes Estates, CA 90274 is $2,922,000 with the market action index hovering around 32. This is less than last month's market action index of 33. Inventory has held steady at or around 58. 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

While the Market Action Index shows some strengthening in the last few weeks, prices have settled in a bit of a plateau. We are currently in a Seller’s market so prices will likely resume their climb should this trend persist.

Real-Time Market Profile

Never miss important changes in the Palos Verdes Estates market.
Median List Price $2,922,000
Per Square Foot $823
Days on Market 118
Price Decreased 41%
Price Increased 3%
Relisted 7%
Inventory 58
Median House Rent $7,000
Most Expensive $18,900,000
Least Expensive $1,299,000
Market Action Index
Slight Seller's Advantage
32

While the Market Action Index shows some strengthening in the last few weeks, prices have settled in a bit of a plateau. We are currently in a Seller’s market so prices will likely resume their climb should this trend persist.

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
$8,999,499 7,507 0.5 - 1 acre 6 5 20 1 3 130
$3,375,000 4,386 0.25 - 0.5 acre 4 3 18 0 0 154
$2,550,000 3,407 0.25 - 0.5 acre 4 2 52 5 0 88
$1,699,000 2,242 8,000 - 10,000 sqft 4 2 62 1 2 103