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

Fri Mar 24 2023
This week the median list price for Rancho Palos Verdes, CA 90275 is $1,899,450 with the market action index hovering around 53. This is an increase over last month's market action index of 51. Inventory has increased to 30. 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

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

Fri Mar 24 2023
This week the median list price for Rancho Palos Verdes, CA 90275 is $1,899,450 with the market action index hovering around 53. This is an increase over last month's market action index of 51. Inventory has increased to 30. 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

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 $1,899,450
Median Price of New Listings $1,814,000
Per Square Foot $824
Average Days on Market 84
Median Days on Market 35
Price Decreased 33%
Price Increased 7%
Relisted 7%
Inventory 30
Median Rent
Market Action 53
Strong Seller's Market

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
$3,399,000 3,520 0.5 - 1 acre 4 4 43 0 2 168
$2,150,000 2,346 0.25 - 0.5 acre 4 3 57 2 1 14
$1,849,944 2,413 0.25 - 0.5 acre 3 3 59 0 1 28
$1,527,500 1,712 6,500 - 8,000 sqft 3 2 63 2 0 31