Palos Verdes Estates, CA Housing Market
Median List Price
$4,200,000
Updated August 2026
Today, Palos Verdes Estates has 32 homes for sale at a median list price of $4,200,000, typically selling in about 72 days.
Palos Verdes Estates Market Analysis
The median list price in Palos Verdes Estates, CA is $4.2M. Current inventory stands at 32 active listings. 7 new listings came on the market in the last 30 days.
Expect a median around $3M for four bedroom homes and $8M at the six bedroom end. The for sale mix here consists of single family homes. February to July saw the median price go from $2.4M to $2.7M, up about 10.7%. On a per square foot basis, the median runs $1,062.
Homes here typically go under contract in about 11 days. At that pace, well priced homes attract offers quickly, so buyers should be ready to move. Addresses here carry the 90274 ZIP code.
Palos Verdes Estates Rental Market
The median asking rent in Palos Verdes Estates, CA is $10,800. Current inventory stands at 12 active rental listings. January to June saw the median rent go from $8,500 to $9,000, up about 5.9%.
Palos Verdes Estates Market Pulse
Topfind Market Read
The picture is mixed here. There is only 2.9 months of supply, yet the typical home takes about 72 days to sell, and 41% of sellers have trimmed their asking price, so neither side holds a clear advantage. Realistic pricing wins for sellers, and patient, prepared buyers can secure fair terms.
Median Home Price
$4.20M
↑ 8% over the past yearChart shows the median closed sale price by month
Months of Supply
Estimated time to sell all listings at the current sales pace
2.9 months of supply
Tight Supply32 active listings against the current sales pace works out to about 2.9 months of supply.
What this means for buyers
Inventory is tight relative to how many homes sell each month, so buyers have fewer options and well-priced homes draw competition. Listings typically sell in ~72 days.
Sales Velocity
How fast homes are selling
Homes are sitting on the market, so buyers often have strong leverage to negotiate price, terms, and repairs. The trend is moving the other way though, with selling times down 44% over the last six months.
Inventory Distribution
A larger share of listings has been up beyond 30 days, which typically means more room to negotiate on those longer-listed homes.
Housing Tenure in Palos Verdes Estates
Homeownership is significantly higher than average, making this a homeowner-dominated market with more long-term residents.
90%
Homeowners
10%
Renters
Homeownership is 34.5 points higher than the California average (55.5%)
5,032 households (2023)
Median Price by Bedroom
Home prices generally rise with bedroom count, though not every step adds value.
Each additional bedroom adds about $1.7M in value on average, with larger homes seeing bigger price jumps.
Largest increase: 5 → 6 bedrooms (+$5.0M)
Price Reductions
13 listings have reduced their price
41% of active listings
Average reduction: 15.7% (~$659K)
Browse Palos Verdes Estates Listings
Frequently Asked Questions about the Palos Verdes Estates, CA Housing Market
What is the median home price in Palos Verdes Estates, CA?
The median list price in Palos Verdes Estates is $4,200,000 as of August 2026, based on 32 active listings.
Is Palos Verdes Estates a buyer's market or a seller's market?
Palos Verdes Estates currently reads as a balanced market. Active inventory works out to about 2.9 months of supply at the recent sales pace.
How fast do homes sell in Palos Verdes Estates?
Homes that closed in the last 90 days typically went under contract in about 11 days. The average home currently for sale has been on the market for 72 days.
Are home prices in Palos Verdes Estates going up or down?
The median sale price in Palos Verdes Estates is up about 8.1% compared with a year ago.
How many homes are for sale in Palos Verdes Estates, CA?
There are 32 homes for sale in Palos Verdes Estates right now, including 4 listed within the last week.
What is the median rent in Palos Verdes Estates?
The median asking rent in Palos Verdes Estates is $10,800 per month, across 12 active rental listings.