Is Palos Verdes, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since January 2022
Since last year, Palos Verdes has remained a Seller's Market.
How much do homes in Palos Verdes, CA cost?
Median Sold Price
$1,794,166
$815/sqft
Based on all homes sold in the last 12 months.
Difference Since January 2022
Median Sold Price By Bedroom Count
# BEDS | Jan 2022 | Jan 2023 | % |
---|---|---|---|
1 Bedroom | $470K | $485K | +3.2% |
2 Bedrooms | $730.2K | $822.5K | +12.6% |
3 Bedrooms | $1.4M | $1.4M | +2.2% |
4 Bedrooms | $1.9M | $2.1M | +15.6% |
5+ Bedrooms | $2.8M | $3.0M | +6.7% |
Median Sold Price Compared To Nearby Cities
Palos Verdes Peninsula | $2.3M | $2.5M | +10.3% |
Palos Verdes | $1.6M | $1.7M | +8.4% |
Rancho Palos Verdes | $1.6M | $1.7M | +7.4% |
Rolling Hills Estates | $1.8M | $1.9M | +5.9% |
How many homes are available in Palos Verdes, CA?
Number of Homes For Sale
Dec 2022 | Jan 2023 | % |
---|---|---|
186 | 186 | 0.0% |
Homes For Sale By Bedroom Count
# BEDS | Dec 2022 | Jan 2023 | % |
---|---|---|---|
1 Bedroom | 2 | 2 | 0.0% |
2 Bedrooms | 28 | 30 | +7.1% |
3 Bedrooms | 50 | 52 | +4.0% |
4 Bedrooms | 69 | 67 | -2.9% |
5+ Bedrooms | 37 | 35 | -5.4% |
Number of Homes Sold
Dec 2022 | Jan 2023 | % |
---|---|---|
47 | 32 | -31.9% |
Asking Price vs. Sold Price
23 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Average Sale Time
Jan 2022 | Jan 2023 | % |
---|---|---|
29 Days | 45 Days | +53.5% |
Breakdown of Home Sale Times
15 Homes Were Sold
Under 30 Days
12 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days