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Featured local agent — Palos Verdes Estates, CA

Sarah Mitchell

CNESRESABR

Compass Real Estate · Palos Verdes Estates, CA

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Palos Verdes Estates, CA(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Palos Verdes Estates, CA Housing Market & Real Estate

Balanced market+31.2% YoY

Housing market overview · Updated monthly ·

$3.17Mmedian sale price

How is the Palos Verdes Estates, CA housing market right now?

The median home sale price in Palos Verdes Estates, CA is $3.17M, up 31.2% year-over-year. Homes sell in an average of 50 days with 50 active listings. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)

Is Palos Verdes Estates a buyer's or seller's market?

Balanced market4.2 months of supply50 avg. days on market

Palos Verdes Estates, CA is currently a balanced market, based on 4.2 months of supply and homes selling in about 50 days. How we determine this →

Homes sold

12

Last 12 weeks

Days on market

50

Average pace

Active listings

50

4.2 months supply

Sale-to-list

98.6%

Below asking

What does the Palos Verdes Estates housing market data show?

Current housing market statistics for Palos Verdes Estates, CA
MetricValue
Median sale price$3.17M
Median list price$3.00M
Year-over-year price change+31.2%
Average days on market50 days
Active inventory50 listings
Months of supply4.2 months
Sale-to-list price ratio98.6%
Median price per sq ft$1,120/sq ft
Homes sold (latest month)12
New listings (latest month)17
Listings with a price cut24.0%
Market conditionBalanced market

Source: Redfin · Updated monthly

How much do homes cost in Palos Verdes Estates by property type?

How the Palos Verdes Estates, CA market breaks down across single-family homes, condos, and townhouses.

Median price, price per square foot, homes sold and days on market by property type in Palos Verdes Estates, CA
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$3.17M$1,120/sq ft1250 days
Condo / Co-op$1.08M$715/sq ft1106 days
Townhouse$1.76M$801/sq ft1116 days

Source: Redfin · Updated monthly

The Palos Verdes Estates housing market is currently classified as a balanced market with a median sale price of $3.17M. Prices have risen 31.2% compared to last year, with homes spending an average of 50 days on market, indicating 4.2 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 11.2x provides context for how home values compare to local earning capacity.

Market trends

Homes for sale in Palos Verdes Estates

There are currently 50 homes listed for sale in Palos Verdes Estates, California. The median listing price is $3.0M.

Active listings

50

Homes on market

Median list price

$3.0M

Avg. days on market

50

Days until sale

New this week

17

Newly listed

Price drops:24.0%of listings
Sale-to-list:98.6%

Who lives in Palos Verdes Estates?

Population

13,047

Median income

$247,500/yr

Median age

52.9 years

Owner-occupied

90.2%

College grads

78.5%

Avg commute

32 min

Source: U.S. Census Bureau ACS

What are homes worth in Palos Verdes Estates?

Zillow home value

$2.76M

Zillow rent index

$8,500/mo

Price-to-rent ratio

27.1x

Price-to-income

11.2x

Source: Zillow Research

What is it like to live in Palos Verdes Estates?

Palos Verdes Estates is a community of approximately 13K residents with a median age of 52.9 years.The median household income is $247,500, which reflects a relatively affluent area with strong earning potential. 78.5% of residents hold a bachelor's degree or higher, indicating a highly educated population.

Homeownership rates are at 90.2%, reflecting strong community stability and long-term resident commitment. The average commute time is 32 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Palos Verdes Estates offers a balanced lifestyle with accessible home values relative to local income levels.

Which public schools serve Palos Verdes Estates?

5 schools tracked · 2,900 students

The largest public schools serving Palos Verdes Estates, CA by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.

Palos Verdes High

Grades 9-12 · 1,419 students

Public

Palos Verdes Intermediate

Grades 6-8 · 709 students

Public

Montemalaga Elementary

Grades K-5 · 436 students

Public

Lunada Bay Elementary

Grades K-5 · 336 students

Public

Sunrise Pre-School

Grade range n/a

Public

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

Which cities are near Palos Verdes Estates, CA?

Want a head-to-head view? Compare Palos Verdes Estates side-by-side with any other U.S. city using our market-comparison tool.

Is Palos Verdes Estates a good real estate investment market?

For investors evaluating Palos Verdes Estates, the price-to-rent ratio of 27.1x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has appreciated 31.2% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Palos Verdes Estates's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Palos Verdes Estates's median home price.

Frequently asked questions

What is the average home price in Palos Verdes Estates?

The median home sale price in Palos Verdes Estates is $3.17M, up 31.2% from last year.

How long do homes stay on market in Palos Verdes Estates?

Homes typically spend 50 days on market before going under contract.

What is the median income in Palos Verdes Estates?

The median household income is $247,500 per year.

Is Palos Verdes Estates a buyer's or seller's market?

With 4.2 months of supply, Palos Verdes Estates is currently a balanced market.

What is the Zillow home value estimate for Palos Verdes Estates?

The Zillow Home Value Index (ZHVI) for Palos Verdes Estates is $2.76M, representing the typical home value in the area.

What is the median condo price in Palos Verdes Estates?

The median condo/co-op sale price in Palos Verdes Estates, CA is $1.08M, compared to $3.17M for a single-family home, based on the latest Redfin data.

How much does a single-family home cost in Palos Verdes Estates?

The median single-family home price in Palos Verdes Estates, CA is $3.17M (about $1,120 per square foot).

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