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

Sat Jan 16 2021
This week the median list price for Rancho Palos Verdes, CA 90275 is $2,550,000 with the market action index hovering around 52. This is less than last month's market action index of 57. Inventory has held steady at or around 37. Click here to stay informed with the Rancho Palos Verdes market!

Market Action Index

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

Strong Seller's Market

Market conditions have been consistently cooling in the past several weeks. Because we’re still in the Seller’s zone, prices have not yet begun to drop. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect prices to fall if the index persistently falls to the Buyer’s zone.

Rancho Palos Verdes, CA 90275

Sat Jan 16 2021
This week the median list price for Rancho Palos Verdes, CA 90275 is $2,550,000 with the market action index hovering around 52. This is less than last month's market action index of 57. Inventory has held steady at or around 37. Click here to stay informed with the Rancho Palos Verdes market!

Market Action Index

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

Strong Seller's Market

Market conditions have been consistently cooling in the past several weeks. Because we’re still in the Seller’s zone, prices have not yet begun to drop. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect prices to fall if the index persistently falls to the Buyer’s zone.

Real-Time Market Profile

Never miss important changes in the Rancho Palos Verdes market.
Median List Price $2,550,000
Per Square Foot $696
Days on Market 96
Price Decreased 19%
Price Increased 5%
Relisted 5%
Inventory 37
Median Rent $4,700
Most Expensive $7,490,000
Least Expensive $800,000
Market Action 52
Strong Seller's Market

Market conditions have been consistently cooling in the past several weeks. Because we’re still in the Seller’s zone, prices have not yet begun to drop. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect prices to fall if the index persistently falls to the Buyer’s zone.

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
$5,000,000 6,994 0.5 - 1 acre 5 6 21 0 2 105
$3,289,000 4,135 0.5 - 1 acre 5 5 49 1 0 94
$2,099,000 3,642 0.25 - 0.5 acre 4 3 57 1 1 98
$1,449,500 2,408 6,500 - 8,000 sqft 4 3 56 1 5 84