First American Title

Rancho Palos Verdes, CA

Single-Family Homes



Rancho Palos Verdes, CA

Fri Mar 29 2024
This week the median list price for Rancho Palos Verdes, CA is $2,249,500 with the market action index hovering around 45. This is less than last month's market action index of 46. Inventory has increased to 50. 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.

Strong Seller's Market

The market has begun to heat up in recent weeks. We’re already in a Seller’s market and not surprisingly prices are showing evidence of moving up along with the lower levels of inventory.

Rancho Palos Verdes, CA

Fri Mar 29 2024
This week the median list price for Rancho Palos Verdes, CA is $2,249,500 with the market action index hovering around 45. This is less than last month's market action index of 46. Inventory has increased to 50. 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.

Strong Seller's Market

The market has begun to heat up in recent weeks. We’re already in a Seller’s market and not surprisingly prices are showing evidence of moving up along with the lower levels of inventory.

Real-Time Market Profile

Never miss important changes in the Rancho Palos Verdes market.
Median List Price $2,249,500
Median Price of New Listings $1,750,000
Per Square Foot $854
Average Days on Market 68
Median Days on Market 49
Price Decreased 32%
Price Increased 0%
Relisted 10%
Inventory 50
Median Rent
Market Action 45
Strong Seller's Market

This week saw relatively little price change from last week. However the market appears to be trying to establish an uptrend. 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
$4,399,500 4,124 0.5 - 1 acre 4 5.5 50 1 0 52
$2,499,000 3,121 0.25 - 0.5 acre 4 3 56 0 3 38
$1,990,000 2,560 0.25 - 0.5 acre 4 3 60 2 1 35
$1,500,000 1,834 8,000 - 10,000 sqft 4 2 64 4 6 49