Palos Verdes Estates Real Estate Market Report – February 2025

How to Read a Market Report
A market report is a snapshot of real estate trends in a specific area over a given time frame. It includes key data such as median sale prices, average days on market, and the number of homes sold. Understanding these metrics helps buyers and sellers make informed decisions. Here’s how to interpret the data:
Median Sale Price
This represents the middle point of all homes sold—half sold for more, half for less. It’s a strong indicator of market trends.
📊 $2,632,000 (Up 3.2% since December 2024)
Average Sale Price
The average price of all homes sold in the area during the reporting period.
📊 $2,952,562
Highest Sale Price
The highest recorded sale in the area within the given timeframe.
📊 $6,368,000 (Sold on January 8, 2025)
This snapshot of Palos Verdes Estates real estate highlights steady growth, with the median sale price rising 3.2% in just 30 days. This increase signals ongoing demand and market strength in this coastal community.
Why Market Reports Matter
Many sellers find that staying informed on market data provides valuable insights into home equity trends and buyer demand. By analyzing local real estate shifts, you can anticipate pricing changes and make strategic decisions on when to list or purchase a property.
To make the most of market data:
✅ Track key trends – Watch for shifts in median sale prices and inventory levels.
✅ Analyze recent sales – Compare your home to similar properties to gauge its market value.
✅ Follow economic indicators – Keep an eye on job growth, interest rates, and local development projects that could impact home values.
Our team has deep local expertise and provides free, no-obligation market analyses to help you determine your home’s value and ideal pricing strategy. Stay ahead of the curve—reach out today to get personalized insights!
For more updates, follow our real estate blog for the latest local trends and market forecasts.

Why Is Hyper-Local Data More Important Than National Real Estate News?
While national real estate news provides a broad market overview, real estate is inherently local. Hyper-local data from a market report is far more relevant because it reflects the actual trends in your specific neighborhood. Here’s why:
Local Trends Vary Widely
Real estate conditions can differ dramatically—even between neighborhoods in the same city. For example, while national headlines might talk about a market slowdown, Palos Verdes Estates saw a 60% increase in home sales this period, with 8 homes sold compared to 5 in the previous 30 days.
Accurate Pricing for Buyers & Sellers
National averages don’t account for unique neighborhood features and local demand. A hyper-local market report provides precise data on home prices, days on market, and turnover rates to help buyers and sellers make informed pricing and negotiation decisions.
📊 Current Market Snapshot for Palos Verdes Estates:
✅ Recently Sold Homes: 8
✅ Currently Active Listings: 23
✅ Pending Sales: 10
✅ Total Homes in the Area: 5,034
✅ 12-Month Turnover Rate: 1.9%
✅ Average Days on Market: 43
✅ Average Years in Home: 16
Understanding Inventory & Competition
The number of active listings and pending sales indicates whether the local market favors buyers or sellers. With 23 active listings and 10 pending homes, these insights are critical for setting a competitive price or making a strong offer.
Neighborhood Desirability Impacts Value
Hyper-local data considers factors national news overlooks—like nearby schools, amenities, and new developments. With an average of 16 years per homeownership tenure, Palos Verdes Estates is a stable, high-demand community with low turnover. This scarcity drives interest and property values.
Tailored Strategies for Success
By analyzing local data, we can customize marketing and pricing strategies that align with current trends in your neighborhood. Whether selling, buying, or investing, hyper-local data allows for a precision approach that national news can’t provide.
The Bottom Line
While national headlines might capture attention, the real insights that matter most—whether you're buying, selling, or investing—are found in your neighborhood’s market report.
📩 Want a personalized analysis of your home’s value? Our team provides free, no-obligation market reports tailored to your property’s unique position in today’s market. Contact us today to stay ahead!

What Is a "Comp"?
The term "comp" is short for “comparable sale,” and it’s one of the most important tools in real estate pricing. A comp refers to a recently sold property that is similar in size, condition, location, and features to the home you’re buying or selling. Here’s why comps are crucial:
For Buyers:
✅ Comps help you understand what similar homes in the area are selling for, so you can make a competitive and informed offer.
For Sellers:
✅ Comps guide you in setting a realistic asking price that reflects the current market trends while maximizing your home’s value.
For Appraisers:
✅ Comps are used to establish the appraised value of a home, ensuring that lenders and buyers have a clear picture of its worth.

Market Highlights for Palos Verdes Estates:
The real estate market in Palos Verdes Estates continues to show strong growth, reflecting high demand and increasing home values.
📊 Key Metrics as of February 1, 2025:
✅ Median Sale Price: $2,632,000 (⬆ 3.2% since December 2024)
✅ Highest Sale Price: $6,368,000 (Sold on January 8, 2025)
✅ Lowest Sale Price: $1,795,000
✅ Average Sale Price: $2,952,562
✅ Average Days on Market: 43This steady increase in median sale prices highlights the enduring demand and investment potential of homes in Palos Verdes Estates.
What This Means for Buyers & Sellers
📈 For Sellers: The rising median sale price signals a strong seller’s market, making it an opportune time to list your home and maximize your property’s value.
💰 For Buyers: While prices continue to increase, interest in Palos Verdes Estates remains high due to its sought-after location, coastal lifestyle, and strong long-term appreciation.
📩 Want a customized market analysis? Our team provides personalized reports to help you navigate this market confidently. Contact us today for exclusive insights and tailored strategies!

LOCAL MARKET PERFORMANCE
📈 Fast Facts – Last 30 Days:
🏡 New Listings: 13
📌 Active Listings: 10
⏳ Pending Sales: 10
🏠 Sold Homes: 8
⏱ Average Days on Market: 43
💰 Price Trends:
- Average List Price Per Sq. Ft.:$944 (⬇ from $1,157)
- Average Sold Price Per Sq. Ft.:$907 (⬇ from $1,110)
- Sale-to-List Price Ratio:95.3%

