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

Tue Jul 14 2020
This week the median list price for Palos Verdes Estates, CA 90274 is $3,188,888 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 59. Click here to stay informed with the Palos Verdes Estates market!

Market Action Index

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

Slight Seller's Advantage

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.

Palos Verdes Estates, CA 90274

Tue Jul 14 2020
This week the median list price for Palos Verdes Estates, CA 90274 is $3,188,888 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 59. Click here to stay informed with the Palos Verdes Estates market!

Market Action Index

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

Slight Seller's Advantage

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 Palos Verdes Estates market.
Median List Price $3,188,888
Per Square Foot $883
Days on Market 119
Price Decreased 32%
Price Increased 0%
Relisted 2%
Inventory 59
Median Rent $3,700
Most Expensive $19,500,000
Least Expensive $1,299,999
Market Action 31
Slight Seller's Advantage

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
$6,135,000 6,542 0.5 - 1 acre 5 7 15 2 1 163
$3,975,000 4,385 0.25 - 0.5 acre 5 5 39 0 1 115
$2,850,000 3,476 0.25 - 0.5 acre 4 4 47 3 2 124
$1,695,000 2,234 8,000 - 10,000 sqft 4 3 62 2 2 77