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

Wed Mar 20 2019
This week the median list price for Rancho Palos Verdes, CA 90275 is $1,975,000 with the market action index hovering around 39. This is an increase over last month's market action index of 36. Inventory has held steady at or around 69. 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

The market continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices. Current supply and demand levels show no sign of prices changing from their current trend.

Rancho Palos Verdes, CA 90275

Wed Mar 20 2019
This week the median list price for Rancho Palos Verdes, CA 90275 is $1,975,000 with the market action index hovering around 39. This is an increase over last month's market action index of 36. Inventory has held steady at or around 69. 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

The market continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices. Current supply and demand levels show no sign of prices changing from their current trend.

Real-Time Market Profile

Never miss important changes in the Rancho Palos Verdes market.
Median List Price $1,975,000
Per Square Foot $661
Days on Market 110
Price Decreased 43%
Price Increased 4%
Relisted 14%
Inventory 69
Median House Rent $3,900
Most Expensive $6,999,000
Least Expensive $675,000
Market Action Index
Slight Seller's Advantage
39

The market continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices. Current supply and demand levels show no sign of prices changing from their current trend.

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
$4,495,000 6,889 0.5 - 1 acre 5 5 19 0 1 165
$2,450,000 4,292 0.25 - 0.5 acre 5 3 38 3 1 132
$1,695,000 2,681 0.25 - 0.5 acre 4 2 55 1 3 78
$1,124,000 1,866 8,000 - 10,000 sqft 3 1 58 3 4 66