George Fotion's Market Report

Rancho Palos Verdes, CA 90275

Single-Family Homes

Call Realty | www.BestPalosVerdesHomes.com | 310.346.6467



Rancho Palos Verdes, CA 90275

Sun May 26 2019
This week the median list price for Rancho Palos Verdes, CA 90275 is $1,599,444 with the market action index hovering around 42. This is an increase over last month's market action index of 41. Inventory has held steady at or around 118. Click here to stay informed with the Rancho Palos Verdes market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Slight Seller's Advantage

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Rancho Palos Verdes, CA 90275

Sun May 26 2019
This week the median list price for Rancho Palos Verdes, CA 90275 is $1,599,444 with the market action index hovering around 42. This is an increase over last month's market action index of 41. Inventory has held steady at or around 118. Click here to stay informed with the Rancho Palos Verdes market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Slight Seller's Advantage

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Rancho Palos Verdes market.
Median List Price $1,599,444
Per Square Foot $610
Days on Market 86
Price Decreased 29%
Price Increased 1%
Relisted 8%
Inventory 118
Median House Rent $4,090
Most Expensive $10,950,000
Least Expensive $804,000
Market Action Index
Slight Seller's Advantage
42

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

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
$3,640,000 5,399 0.5 - 1 acre 5 4 22 3 1 163
$1,999,999 3,633 0.25 - 0.5 acre 4 3 43 2 2 81
$1,480,500 2,445 8,000 - 10,000 sqft 4 2 55 7 7 31
$1,154,500 1,937 6,500 - 8,000 sqft 3 1 59 7 7 72