Single-Family Homes
Tue Apr 23 2024
This week the median list price for Pacific Palisades, CA 90272 is $6,950,000 with the market action index hovering around 29. This is less than last month's market action index of 30. Inventory has increased to 79.
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Buyer's Advantage
Median List Price | $6,950,000 | |
Median Price of New Listings | $2,399,000 | |
Per Square Foot | $1,511 | |
Average Days on Market | 153 | |
Median Days on Market | 77 | |
Price Decreased | 34% | |
Price Increased | 5% | |
Relisted | 19% | |
Inventory | 79 | |
Median Rent | ||
Market Action | 29 | |
Slight Buyer's Advantage |
In this zip code this week saw relatively little price change from last week. However, we continue to demonstrate a nice up trend over the last several weeks.
Each segment below represents approximately 25% of the market ordered by price.
Median Price | Sq. Ft. | Lot Size | Beds | Bath | Age | New | Absorbed | DOM |
---|---|---|---|---|---|---|---|---|
$19,888,000 | 8,800 | 0.5 - 1 acre | 6 | 9 | 11 | 1 | 1 | 98 |
$8,837,500 | 6,155 | 0.25 - 0.5 acre | 5 | 7 | 16 | 1 | 1 | 84 |
$5,424,000 | 4,165 | 8,000 - 10,000 sqft | 5 | 5 | 38 | 0 | 1 | 147 |
$2,774,999 | 1,933 | 6,500 - 8,000 sqft | 3 | 3 | 69 | 5 | 2 | 21 |