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

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 has been at a stasis point in terms of sales to inventory. However, prices seem to continue to fall a bit. Technically supply levels indicate this is a Seller’s market so it is likely that the downward pricing pressure will be light or variable.

Rancho Palos Verdes, CA 90275

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 has been at a stasis point in terms of sales to inventory. However, prices seem to continue to fall a bit. Technically supply levels indicate this is a Seller’s market so it is likely that the downward pricing pressure will be light or variable.

Real-Time Market Profile

Never miss important changes in the Rancho Palos Verdes market.
Median List Price $1,599,000
Per Square Foot $595
Days on Market 98
Price Decreased 46%
Price Increased 2%
Relisted 10%
Inventory 123
Median House Rent $4,048
Most Expensive $10,950,000
Least Expensive $840,000
Market Action Index
Slight Seller's Advantage
40

The market has been at a stasis point in terms of sales to inventory. However, prices seem to continue to fall a bit. Technically supply levels indicate this is a Seller’s market so it is likely that the downward pricing pressure will be light or variable.

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
$2,995,000 4,518 0.5 - 1 acre 5 4 29 1 2 181
$1,799,000 3,437 0.25 - 0.5 acre 4 3 44 3 1 66
$1,464,500 2,468 0.25 - 0.5 acre 4 2 54 3 6 96
$1,149,000 1,882 6,500 - 8,000 sqft 3 1 59 6 3 52