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

Mon Nov 19 2018
This week the median list price for Rancho Palos Verdes, CA 90275 is $1,499,000 with the market action index hovering around 35. This is an increase over last month's market action index of 34. Inventory has held steady at or around 99. 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

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.

Rancho Palos Verdes, CA 90275

Mon Nov 19 2018
This week the median list price for Rancho Palos Verdes, CA 90275 is $1,499,000 with the market action index hovering around 35. This is an increase over last month's market action index of 34. Inventory has held steady at or around 99. 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

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 Rancho Palos Verdes market.
Median List Price $1,499,000
Per Square Foot $583
Days on Market 110
Price Decreased 56%
Price Increased 3%
Relisted 10%
Inventory 99
Median House Rent $4,350
Most Expensive $15,450,000
Least Expensive $775,000
Market Action Index
Slight Seller's Advantage
35

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.

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
$3,775,000 6,000 0.5 - 1 acre 5 4 26 1 2 148
$1,850,000 3,562 0.25 - 0.5 acre 5 3 43 1 3 140
$1,395,000 2,320 0.25 - 0.5 acre 4 2 56 4 3 80
$1,095,000 1,868 6,500 - 8,000 sqft 3 1 58 1 2 74