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

Thu Jan 17 2019
This week the median list price for Rancho Palos Verdes, CA 90275 is $1,472,500 with the market action index hovering around 37. This is an increase over last month's market action index of 34. Inventory has held steady at or around 70. 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

Thu Jan 17 2019
This week the median list price for Rancho Palos Verdes, CA 90275 is $1,472,500 with the market action index hovering around 37. This is an increase over last month's market action index of 34. Inventory has held steady at or around 70. 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 $1,472,500
Per Square Foot $600
Days on Market 123
Price Decreased 54%
Price Increased 3%
Relisted 17%
Inventory 70
Median House Rent $4,925
Most Expensive $6,999,000
Least Expensive $599,000
Market Action Index
Slight Seller's Advantage
37

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
$3,875,000 6,000 0.5 - 1 acre 5 5 28 0 1 171
$1,899,000 3,355 0.25 - 0.5 acre 4 3 44 3 2 79
$1,354,500 2,230 0.25 - 0.5 acre 4 2 57 1 2 145
$1,062,000 1,876 6,500 - 8,000 sqft 3 1 60 3 5 99