First American Title

Rancho Palos Verdes, CA

Single-Family Homes



Rancho Palos Verdes, CA

Sun Aug 01 2021
This week the median list price for Rancho Palos Verdes, CA is $2,049,999 with the market action index hovering around 80. This is less than last month's market action index of 81. Inventory has held steady at or around 44. 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

Home sales have been exceeding new inventory for several weeks. However prices have not yet stopped falling. Since the market is already in the Seller's zone, expect prices to level off very soon. Should the sales trend continue expect that prices could climb from there.

Rancho Palos Verdes, CA

Sun Aug 01 2021
This week the median list price for Rancho Palos Verdes, CA is $2,049,999 with the market action index hovering around 80. This is less than last month's market action index of 81. Inventory has held steady at or around 44. 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

Home sales have been exceeding new inventory for several weeks. However prices have not yet stopped falling. Since the market is already in the Seller's zone, expect prices to level off very soon. Should the sales trend continue expect that prices could climb from there.

Real-Time Market Profile

Never miss important changes in the Rancho Palos Verdes market.
Median List Price $2,049,999
Median Price of New Listings $1,599,000
Per Square Foot $807
Average Days on Market 65
Median Days on Market 21
Price Decreased 25%
Price Increased 5%
Relisted 7%
Inventory 44
Median Rent $4,900
Market Action 80
Strong Seller's Market

Again this week we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high levels. 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
$4,799,000 5,400 0.5 - 1 acre 5 6 31 2 1 21
$2,750,000 3,765 0.25 - 0.5 acre 4 4 43 1 2 35
$1,850,000 2,405 0.25 - 0.5 acre 4 3 61 2 5 14
$1,395,000 1,864 8,000 - 10,000 sqft 4 2 61 6 7 14