MI Report - PV

Page 1

MAY 2024
MARKET INTELLIGENCE REPORT PALOS VERDES ...BROUGHT TO YOU BY RE/MAX ESTATE $4 BILLION 2022 DOLLAR VOLUME 500+ REAL ESTATE AGENTS #1 SOUTH BAY HELPING 3,800+ FAMILIES YEARLY 12 OFFICES WE ARE THE COAST DRE # 01879720 WE ARE THE COAST | RE/MAX ESTATE PROPERTIES | MALAGA COVE OFFICE 310.378.9494 | MARKETING@EPLAHOMES.COM PROPERTIES

$2,881,500

D sc a mer If you home s cur ent y l s ed by another broker his s not intended as a sol c ta ion A l nforma ion provided s deemed re ab e bu s not guaran eed and should be independent y verified This data is based n whole or n pa on data supp ed by the Mu t ple L s ing Serv ce Ne ther RE/MAX Estate Propert es the Board nor i s MLS guarantee or s in any way espons b e o ts accuracy Data ma nta ned by the Boa d or ts MLS may not reflect al rea esta e act v t es in the marke P ease no e hat due to changes n how nven ory s counted there w l be a h ghe than normal d fference between 2023 data and 2022 data as re ated to inventory MLS Search parameters used Status Act ve Act ve Under Cont act C osed (set da es to whole mon h o pe iod pu l ng data for) P operty Sub Type S ng e Fam ly Residence Condom n um Townhouse Loft S udio Dup ex Ouadrup ex Tr plex C ty Harbor C ty Pa os Ve des Estates Rancho Pa os Verdes Ro l ng H l s San Pedro W m ngton Areas: 165, 172, 174, 175, 176 Data Pu l Date 4/1/2024 2.41M 2.84M 2.55M 2.44M 2.65M 2.10M 2.34M 3.17M 2.80M 3.17M 2.75M 2.64M 2.88M 4/23 5/23 6/23 7/23 8/23 9/23 10/23 11/23 12/23 1/24 2/24 3/24 4/24 MEDI AN SALES PRICE - 13 MONTH TREND 39 APSHOT 9 11 23 12 11 14 16 13 7 12 11 17 16 38 54 64 63 58 66 71 56 37 52 52 56 66 4/23 5/23 6/23 7/23 8/23 9/23 10/23 11/23 12/23 1/24 2/24 3/24 4/24 Char t 2 Boundaries Total Inventory Total Sold TOTAL INVENTORY/SOLD - 13 MONTH TREND MAY 2024 9 28.57% ARKET 1135.34
MEDIAN PRICE PER SQFT 24.24% 0.56% SALES RATIO
3.99%
19.81% MEDIAN SALES PRICE 66 73.68% TOTAL INVENTORY 16 7 TOTAL SOLD

$1,680,000

D sc a mer If you home s cur ent y l s ed by another broker his s not intended as a sol c ta ion A l nforma ion provided s deemed re ab e bu s not guaran eed and should be independent y verified This data is based n whole or n pa on data supp ed by the Mu t ple L s ing Serv ce Ne ther RE/MAX Estate Propert es the Board nor i s MLS guarantee or s in any way espons b e o ts accuracy Data ma nta ned by the Boa d or ts MLS may not reflect al rea esta e act v t es in the marke P ease no e hat due to changes n how nven ory s counted there w l be a h ghe than normal d fference between 2023 data and 2022 data as re ated to inventory MLS Search parameters used Status Act ve Act ve Under Cont act C osed (set da es to whole mon h o pe iod pu l ng data for) P operty Sub Type S ng e Fam ly Residence Condom n um Townhouse Loft S udio Dup ex Ouadrup ex Tr plex C ty Harbor C ty Pa os Ve des Estates Rancho Pa os Verdes Ro l ng H l s San Pedro W m ngton Areas: 165, 172, 174, 175, 176 Data Pu l Date 4/1/2024 1.80M 1.97M 1.82M 1.65M 1.45M 1.78M 1.80M 1.60M 1.69M 1.57M 1.50M 1.81M 1.68M 4/23 5/23 6/23 7/23 8/23 9/23 10/23 11/23 12/23 1/24 2/24 3/24 4/24 MEDI AN SALES PRICE - 13 MONTH TREND 79 APSHOT 22 39 37 29 25 24 33 28 29 19 20 27 39 81 92 90 87 95 102 110 98 79 86 86 109 139 4/23 5/23 6/23 7/23 8/23 9/23 10/23 11/23 12/23 1/24 2/24 3/24 4/24 Char t 2 Boundaries Total Inventory Total Sold TOTAL INVENTORY/SOLD - 13 MONTH TREND MAY 2024 11 -66.15% ARKET 856.48 5.81% MEDIAN PRICE PER SQFT 28.06% 0.90% SALES RATIO
-6.54% MEDIAN SALES PRICE 139 71.6% TOTAL INVENTORY 39 17 TOTAL SOLD

$5,475,000

D sc a mer If you home s cur ent y l s ed by another broker his s not intended as a sol c ta ion A l nforma ion provided s deemed re ab e bu s not guaran eed and should be independent y verified This data is based n whole or n pa on data supp ed by the Mu t ple L s ing Serv ce Ne ther RE/MAX Estate Propert es the Board nor i s MLS guarantee or s in any way espons b e o ts accuracy Data ma nta ned by the Boa d or ts MLS may not reflect al rea esta e act v t es in the marke P ease no e hat due to changes n how nven ory s counted there w l be a h ghe than normal d fference between 2023 data and 2022 data as re ated to inventory MLS Search parameters used Status Act ve Act ve Under Cont act C osed (set da es to whole mon h o pe iod pu l ng data for) P operty Sub Type S ng e Fam ly Residence Condom n um Townhouse Loft S udio Dup ex Ouadrup ex Tr plex C ty Harbor C ty Pa os Ve des Estates Rancho Pa os Verdes Ro l ng H l s San Pedro W m ngton Areas: 165, 172, 174, 175, 176 Data Pu l Date 4/1/2024 3.70M 4.47M 6.40M 7.40M 3.24M 4.55M 4.50M 8.75M 3.35M 5.23M 7.25M 5.48M 4/23 5/23 6/23 7/23 8/23 9/23 10/23 11/23 12/23 1/24 2/24 3/24 4/24 MEDI AN SALES PRICE - 13 MONTH TREND 11 APSHOT 3 2 3 1 2 4 3 1 2 1 1 0 2 16 14 13 8 9 10 9 10 9 8 10 10 16 4/23 5/23 6/23 7/23 8/23 9/23 10/23 11/23 12/23 1/24 2/24 3/24 4/24 Char t 2 Boundaries Total Inventory Total Sold TOTAL INVENTORY/SOLD - 13 MONTH TREND MAY 2024 8 -81.82% ARKET
-13.33% MEDIAN PRICE PER SQFT 12.50% -6.25% SALES RATIO
1090.4
47.97% MEDIAN SALES PRICE 16 0% TOTAL INVENTORY 2 -1 TOTAL SOLD

$1,887,500

D sc a mer If you home s cur ent y l s ed by another broker his s not intended as a sol c ta ion A l nforma ion provided s deemed re ab e bu s not guaran eed and should be independent y verified This data is based n whole or n pa on data supp ed by the Mu t ple L s ing Serv ce Ne ther RE/MAX Estate Propert es the Board nor i s MLS guarantee or s in any way espons b e o ts accuracy Data ma nta ned by the Boa d or ts MLS may not reflect al rea esta e act v t es in the marke P ease no e hat due to changes n how nven ory s counted there w l be a h ghe than normal d fference between 2023 data and 2022 data as re ated to inventory MLS Search parameters used Status Act ve Act ve Under Cont act C osed (set da es to whole mon h o pe iod pu l ng data for) P operty Sub Type S ng e Fam ly Residence Condom n um Townhouse Loft S udio Dup ex Ouadrup ex Tr plex C ty Harbor C ty Pa os Ve des Estates Rancho Pa os Verdes Ro l ng H l s San Pedro W m ngton Areas: 165, 172, 174, 175, 176 Data Pu l Date 4/1/2024 1.70M 1.96M 1.56M 1.26M 1.39M 2.84M 1.94M 6.30M 1.52M 1.75M 1.32M 1.78M 1.89M 4/23 5/23 6/23 7/23 8/23 9/23 10/23 11/23 12/23 1/24 2/24 3/24 4/24 MEDI AN SALES PRICE - 13 MONTH TREND 13 APSHOT 13 8 10 7 7 10 8 3 6 10 4 6 6 27 23 24 24 23 25 25 19 20 25 18 20 21 4/23 5/23 6/23 7/23 8/23 9/23 10/23 11/23 12/23 1/24 2/24 3/24 4/24 Char t 2 Boundaries Total Inventory Total Sold TOTAL INVENTORY/SOLD - 13 MONTH TREND MAY 2024 13.5 22.73% ARKET 689.96 -13.24% MEDIAN PRICE PER SQFT 28.57% -19.58% SALES RATIO
11.36% MEDIAN SALES PRICE 21 -22.22% TOTAL INVENTORY 6 -7 TOTAL SOLD
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