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 Nov 15 2019
This week the median list price for Rancho Palos Verdes, CA 90275 is $1,649,000 with the market action index hovering around 38. This is an increase over last month's market action index of 37. Inventory has held steady at or around 96. 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.

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

Fri Nov 15 2019
This week the median list price for Rancho Palos Verdes, CA 90275 is $1,649,000 with the market action index hovering around 38. This is an increase over last month's market action index of 37. Inventory has held steady at or around 96. 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.

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 $1,649,000
Per Square Foot $588
Days on Market 108
Price Decreased 53%
Price Increased 2%
Relisted 14%
Inventory 96
Median Rent $4,725
Most Expensive $9,699,000
Least Expensive $755,000
Market Action 38
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.

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
$4,190,000 5,367 0.5 - 1 acre 5 4 20 2 3 170
$1,999,000 3,739 0.25 - 0.5 acre 4 3 48 1 1 99
$1,437,000 2,622 0.25 - 0.5 acre 4 2 54 3 0 84
$1,097,500 1,788 8,000 - 10,000 sqft 4 1 59 1 4 75