Your Local Market Report

Rancho Palos Verdes, CA

Single-Family Homes

Berkshire Hathaway HomeServices California Properties | www.bhhscp.com | 310-373-0021



Rancho Palos Verdes, CA

Mon Sep 21 2020
This week the median list price for Rancho Palos Verdes, CA is $1,614,500 with the market action index hovering around 59. This is an increase over last month's market action index of 54. Inventory has held steady at or around 46. 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 continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Rancho Palos Verdes, CA

Mon Sep 21 2020
This week the median list price for Rancho Palos Verdes, CA is $1,614,500 with the market action index hovering around 59. This is an increase over last month's market action index of 54. Inventory has held steady at or around 46. 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 continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Rancho Palos Verdes market.
Median List Price $1,614,500
Per Square Foot $674
Days on Market 105
Price Decreased 24%
Price Increased 4%
Relisted 13%
Inventory 46
Median Rent $4,500
Most Expensive $9,500,000
Least Expensive $790,000
Market Action 59
Strong Seller's Market

The market is hovering around this plateau. Look for a persistent change in the Market Action Index before we see prices deviate from these levels.

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
$4,380,000 5,850 0.5 - 1 acre 5 6 20 1 0 136
$2,299,000 2,890 0.5 - 1 acre 4 3 57 1 2 254
$1,529,500 2,301 0.25 - 0.5 acre 4 3 54 4 1 37
$1,324,000 1,964 8,000 - 10,000 sqft 4 2 57 8 6 7