Market Report

Pacific Palisades, CA 90272

Single-Family Homes

Chartwell Escrow



Pacific Palisades, CA 90272

Wed Apr 24 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. Click here to stay informed with the Pacific Palisades market!

Market Action Index

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

Slight Buyer's Advantage

In terms of supply and demand, the market is getting cooler - more supply is coming on the market relative to the sales demand. However, in recent weeks prices have been moving higher. Since it is technically a Buyer's market, this price trend may be a result of improved quality (newer, larger homes) of the homes being listed. Look at the descriptive statistics where you may notice the homes being listed are larger and younger than they have been in the past.

Pacific Palisades, CA 90272

Wed Apr 24 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. Click here to stay informed with the Pacific Palisades market!

Market Action Index

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

Slight Buyer's Advantage

In terms of supply and demand, the market is getting cooler - more supply is coming on the market relative to the sales demand. However, in recent weeks prices have been moving higher. Since it is technically a Buyer's market, this price trend may be a result of improved quality (newer, larger homes) of the homes being listed. Look at the descriptive statistics where you may notice the homes being listed are larger and younger than they have been in the past.

Real-Time Market Profile

Never miss important changes in the Pacific Palisades market.
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.

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
$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