Market Report

Pacific Palisades, CA 90272

Single-Family Homes

Chartwell Escrow



Pacific Palisades, CA 90272

Wed May 22 2024
This week the median list price for Pacific Palisades, CA 90272 is $6,695,000 with the market action index hovering around 33. This is an increase over last month's market action index of 30. Inventory has decreased to 69. 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 Seller's Advantage

While the Market Action Index shows some strengthening in the last few weeks, prices have settled in a bit of a plateau. We are currently in a Seller’s market so prices will likely resume their climb should this trend persist.

Pacific Palisades, CA 90272

Wed May 22 2024
This week the median list price for Pacific Palisades, CA 90272 is $6,695,000 with the market action index hovering around 33. This is an increase over last month's market action index of 30. Inventory has decreased to 69. 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 Seller's Advantage

While the Market Action Index shows some strengthening in the last few weeks, prices have settled in a bit of a plateau. We are currently in a Seller’s market so prices will likely resume their climb should this trend persist.

Real-Time Market Profile

Never miss important changes in the Pacific Palisades market.
Median List Price $6,695,000
Median Price of New Listings $5,695,000
Per Square Foot $1,524
Average Days on Market 137
Median Days on Market 63
Price Decreased 32%
Price Increased 1%
Relisted 16%
Inventory 69
Median Rent
Market Action 33
Slight Seller's Advantage

In the last few weeks we’ve seen prices in this zip code bouncing around this plateau. Look for a persistent down-shift in the Market Action Index before we see prices deviate from these levels.

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 8,690 0.5 - 1 acre 6 9 11 1 0 112
$8,995,000 5,782 8,000 - 10,000 sqft 5 7 20 1 1 42
$4,999,888 4,120 6,500 - 8,000 sqft 5 5 32 0 1 49
$2,935,000 1,933 6,500 - 8,000 sqft 3 3 70 2 1 31