25 homes in zoned to Montemalaga Elementary
Homes Zoned to Montemalaga Elementary
Palos Verdes Estates, CA
About Homes Zoned to Montemalaga Elementary
About Palos Verdes Estates: Montemalaga Elementary is located in Palos Verdes Estates. Palos Verdes Estates is an affluent coastal city in Los Angeles County, California, United States, situated on the Palos Verdes Peninsula and neighboring Rancho Palos Verdes and Rolling Hills Estates. The city was master-planned by the noted American landscape architect and planner Frederick Law Olmsted Jr. The city is located along the Southern California coastline of the Pacific Ocean.
These are homes for sale inside the attendance boundary for Montemalaga Elementary in Palos Verdes Estates (Topfind School Score: 10/10). Every home here is actually assigned to this school per the official attendance zone, not just nearby. This zone has 114 active listings.
Montemalaga Elementary Area Market Pulse
Topfind Market Read
Buyers hold the edge right now. 16.3 months of supply is more than current demand absorbs, and sale prices have eased 18% over the last six months and are 8% below a year ago. At the same time, selling times have improved 52% versus six months ago, which keeps well-priced homes moving. Buyers are firmly in control and can negotiate hard, while sellers need sharp pricing to draw attention.
Median Home Price
$2.30M
↓ 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
16.3 months of supply
Ample Supply114 active listings, plenty of options to choose from.
What this means for buyers
There is more inventory than recent sales absorb, so buyers have plenty of options and stronger footing to negotiate price and terms. Listings typically sell in ~62 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 52% over the last six months.
Inventory Distribution
A solid share of current listings is under 30 days old, while a meaningful share has been up longer.
About 41% of current listings are under 30 days old, while the rest have been up longer.
Housing Tenure in Montemalaga Elementary Area
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 $1.8M in value on average, with larger homes seeing bigger price jumps.
Largest increase: 5 → 6 bedrooms (+$4.4M)
Price Reductions
44 listings have reduced their price
39% of active listings
Average reduction: 9.3% (~$213K)
Montemalaga Elementary Attendance Zone Market Overview
Montemalaga Elementary serves students at the elementary level within the Palos Verdes Peninsula Unified district. Its Topfind School Score is 10. Listings shown here sit within the mapped attendance boundary, meaning homes here are assigned to Montemalaga Elementary. The median list price in the Montemalaga Elementary attendance zone is $2.3M. That runs roughly 45.3% lower than Palos Verdes Estates as a whole. Current inventory stands at 114 active listings. February to July saw the median price go from $3M to $2.7M, down about 9.0%.
Explore Nearby Cities
Browse homes for sale in cities near Palos Verdes Estates
Nearby Schools
Frequently Asked Questions about Homes near Montemalaga Elementary
How many homes are for sale in Montemalaga Elementary Area, CA?
There are currently 114 homes for sale in Montemalaga Elementary Area, ranging from $1,650,000 to $28,888,000. 5 of them hit the market within the last week.
What is the median home price in Montemalaga Elementary Area?
The median list price in Montemalaga Elementary Area is $2,299,500. Price per square foot averages $975. Prices are down 8.3% compared to a year ago.
How fast do homes sell in Montemalaga Elementary Area?
Homes in Montemalaga Elementary Area currently average 62 days on the market, a slower pace that gives buyers more time to evaluate and negotiate.