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 Oct 15 2019
This week the median list price for Palos Verdes Estates, CA 90274 is $2,637,000 with the market action index hovering around 32. This is an increase over last month's market action index of 31. Inventory has held steady at or around 72. 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

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Palos Verdes Estates, CA 90274

Tue Oct 15 2019
This week the median list price for Palos Verdes Estates, CA 90274 is $2,637,000 with the market action index hovering around 32. This is an increase over last month's market action index of 31. Inventory has held steady at or around 72. 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

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Real-Time Market Profile

Never miss important changes in the Palos Verdes Estates market.
Median List Price $2,637,000
Per Square Foot $802
Days on Market 140
Price Decreased 49%
Price Increased 0%
Relisted 11%
Inventory 72
Median House Rent
Most Expensive $27,500,000
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 not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

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
$6,249,499 6,723 0.5 - 1 acre 5 5 18 0 0 168
$2,999,498 4,035 0.25 - 0.5 acre 4 3 41 0 1 173
$2,284,000 2,754 8,000 - 10,000 sqft 4 2 57 1 1 116
$1,749,500 2,264 8,000 - 10,000 sqft 3 1 64 1 3 101