Sherif Tewfik's Real Estate Market Report

Palos Verdes Estates, CA 90274

Single-Family Homes

www.SherifTewfik.com | 310-694-4671 | sherif@strandhill.com


Palos Verdes Estates, CA 90274

Thu Apr 03 2025
This week the median list price for Palos Verdes Estates, CA 90274 is $4,800,000 with the market action index hovering around 38. This is less than last month's market action index of 40. Inventory has decreased to 45. Click here to stay informed with the Palos Verdes Estates market!

Market Action Index

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

Slight Seller's Advantage

Market Narrative

Market appears to have begun to cool. As we’re still notably in the Seller’s zone, prices have not yet adjusted. If the market continues to cool, then expect prices to follow lower. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Palos Verdes Estates, CA 90274

Thu Apr 03 2025
This week the median list price for Palos Verdes Estates, CA 90274 is $4,800,000 with the market action index hovering around 38. This is less than last month's market action index of 40. Inventory has decreased to 45. Click here to stay informed with the Palos Verdes Estates market!

Market Action Index

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

Slight Seller's Advantage

Market Narrative

Market appears to have begun to cool. As we’re still notably in the Seller’s zone, prices have not yet adjusted. If the market continues to cool, then expect prices to follow lower. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Real-Time Market Profile

Never miss important changes in the Palos Verdes Estates market.
Median List Price $4,800,000
Median Price of New Listings $3,390,000
Per Square Foot $1,193
Average Days on Market 102
Median Days on Market 49
Price Decreased 33%
Price Increased 2%
Relisted 2%
Inventory 45
Median Rent
Market Action 38
Slight Seller's Advantage

In this zip code this week saw relatively little price change from last week. However, we continue to demonstrate a nice up trend in general over the last several weeks.

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
$10,900,000 8,341 0.5 - 1 acre 6 5 25 2 0 49
$5,589,000 4,363 0.25 - 0.5 acre 5 4 36 0 0 70
$4,195,000 4,012 0.25 - 0.5 acre 4 3.5 53 1 2 63
$2,749,000 2,927 8,000 - 10,000 sqft 4 2.8 61 4 2 28