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 Jun 17 2019
This week the median list price for Palos Verdes Estates, CA 90274 is $2,699,500 with the market action index hovering around 31. This is less than last month's market action index of 32. Inventory has held steady at or around 90. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Palos Verdes Estates, CA 90274

Mon Jun 17 2019
This week the median list price for Palos Verdes Estates, CA 90274 is $2,699,500 with the market action index hovering around 31. This is less than last month's market action index of 32. Inventory has held steady at or around 90. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Palos Verdes Estates market.
Median List Price $2,699,500
Per Square Foot $814
Days on Market 90
Price Decreased 36%
Price Increased 1%
Relisted 3%
Inventory 90
Median House Rent $4,550
Most Expensive $27,500,000
Least Expensive $1,199,000
Market Action Index
Slight Seller's Advantage
31

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

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 5,682 0.5 - 1 acre 5 4 27 1 0 113
$2,999,000 3,920 0.25 - 0.5 acre 4 3 36 0 2 106
$2,299,000 3,112 8,000 - 10,000 sqft 4 3 54 1 0 88
$1,599,000 2,196 6,500 - 8,000 sqft 3 1 63 2 5 54