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

Sat Jun 12 2021
This week the median list price for Palos Verdes Estates, CA 90274 is $4,100,000 with the market action index hovering around 52. This is less than last month's market action index of 54. Inventory has increased to 31. 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.

Strong Seller's Market

The market remains in a relative stasis in terms of sales to inventory. Prices have not been moving higher for several weeks. 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 persistently, prices are likely to resume an upward climb.

Palos Verdes Estates, CA 90274

Sat Jun 12 2021
This week the median list price for Palos Verdes Estates, CA 90274 is $4,100,000 with the market action index hovering around 52. This is less than last month's market action index of 54. Inventory has increased to 31. 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.

Strong Seller's Market

The market remains in a relative stasis in terms of sales to inventory. Prices have not been moving higher for several weeks. 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 persistently, 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 $4,100,000
Median Price of New Listings $2,595,000
Per Square Foot $1,013
Average Days on Market 99
Median Days on Market 77
Price Decreased 19%
Price Increased 6%
Relisted 0%
Inventory 31
Median Rent
Market Action 52
Strong Seller's Market

The market remains in a relative stasis in terms of sales to inventory. Prices have not been moving higher for several weeks. 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 persistently, 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
$10,880,000 10,000 1 - 2.5 acres 5 8 15 1 1 112
$5,749,999 5,396 0.25 - 0.5 acre 5 6 29 1 1 105
$3,547,000 3,684 0.25 - 0.5 acre 4 5 30 1 1 14
$2,400,000 2,939 8,000 - 10,000 sqft 4 3 46 3 2 10