Your Local Market Report

Rancho Palos Verdes, CA

Single-Family Homes



Rancho Palos Verdes, CA

Sat Sep 21 2019
This week the median list price for Rancho Palos Verdes, CA is $1,649,000 with the market action index hovering around 37. This is an increase over last month's market action index of 36. Inventory has held steady at or around 109. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Rancho Palos Verdes, CA

Sat Sep 21 2019
This week the median list price for Rancho Palos Verdes, CA is $1,649,000 with the market action index hovering around 37. This is an increase over last month's market action index of 36. Inventory has held steady at or around 109. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Rancho Palos Verdes market.
Median List Price $1,649,000
Per Square Foot $590
Days on Market 102
Price Decreased 59%
Price Increased 2%
Relisted 13%
Inventory 109
Median House Rent $4,875
Most Expensive $10,950,000
Least Expensive $875,000
Market Action Index
Slight Seller's Advantage
37

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this 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
$3,490,000 5,063 0.5 - 1 acre 5 4 20 1 2 170
$1,900,000 3,310 0.25 - 0.5 acre 4 2 48 4 2 76
$1,450,000 2,632 0.25 - 0.5 acre 4 2 54 1 7 80
$1,050,000 2,043 8,000 - 10,000 sqft 4 1 58 3 5 82