Debbie Taylor REALTOR®
310-994-4848 cell
310-802-2233 direct
debtaylorrealtor@gmail.com www.debtaylorrealtor.com
DRE# 01778726
63 Malaga Cove Plaza | Palos Verdes Estates, CA 90274
OCTOBER 2023
PALOS VERDES MARKET INTELLIGENCE REPORT
...BROUGHT TO YOU BY
RE/MAX ESTATE PROPERTIES
DRE # 01879720 DRE# 01778726
WE ARE THE COAST | RE/MAX ESTATE PROPERTIES | MALAGA COVE OFFICE 310.994.4848 | debtaylorrealtor@gmail.com | debtaylorrealtor.com 310.378.9494 | MARKETING@EPLAHOMES.COM
$4 BILLION
2022 DOLLAR VOLUME
50 00+
REAL ESTATE AGENTS
#1 SOUTH BAY
HELPING 3,800+ FAMILIES YEARLY
12 OFFICES
WE ARE THE COAST
MEDIAN SALES PRICE - 13 MONTH TREND OCTOBER
2023
$3,900,000 $3,600,000
$3,510,000 MEDIAN SALES PRICE
$2,840,000
$2,100,000 -5.83%
$2,367,500 $2,200,000
$2,230,000
$2,649,000 $2,550,000 $2,440,000
$2,556,000 $2,405,000
$2,100,000
TOTAL INVENTORY
66
40.43%
INVENTORY SNAPSHOT
9/22
10/22
11/22
45
12/22
1/23
2/23
3/23
4/23
5/23
6/23
7/23
8/23
9/23
TOTAL INVENTORY/SOLD - 13 MONTH TREND
TOTAL SOLD
14
Total Inventory
-12.5%
Total Sold
MEDIAN DAYS ON MARKET
12.5
13.64%
64 63
34
MEDIAN PRICE PER SQFT
$930.24 -10.73%
54
47 35 27 20 16 9/22
10
11
10/22
11/22
8 12/22
23 5 1/23
5 2/23
3/23
58
38
27 15
66
23 9 4/23
11 5/23
6/23
12
11
14
7/23
8/23
9/23
SALES RATIO
21.21% -55.81%
Disclaimer: If your home is currently listed by another broker this is not intended as a solicitation. All information provided is deemed reliable, but is not guaranteed and should be independently verified. This data is based in whole or in part on data supplied by the Multiple Listing Service. Neither RE/MAX Estate Properties, the Board nor its MLS guarantee or is in any way responsible for its accuracy. Data maintained by the Board or its MLS may not reflect all real estate activities in the market. Please note that due to changes in how inventory is counted, there will be a higher than normal difference between 2023 data and 2022 data as related to inventory. MLS Search parameters used: Status: Active, Active Under Contract, Closed (set dates to whole month or period pulling data for) Property Sub Type: Single Family Residence, Condominium, Townhouse, Loft, Studio, Duplex, Ouadruplex, Triplex City: Harbor City, Palos Verdes Estates, Rancho Palos Verdes, Rolling Hills, San Pedro, Wilmington Areas: 165, 172, 174, 175, 176 Data Pull Date: 10/1/2023
MEDIAN SALES PRICE - 13 MONTH TREND OCTOBER
2023
$1,965,000
$1,780,000 7.88%
$1,815,000
$1,797,500
MEDIAN SALES PRICE
$1,700,000 $1,650,000$1,670,000 $1,584,625$1,595,000
$1,780,000
$1,650,000 $1,550,000
$1,485,000
TOTAL INVENTORY
$1,450,000
102
-0.97%
INVENTORY SNAPSHOT
9/22
10/22
11/22
67
12/22
1/23
2/23
3/23
4/23
5/23
6/23
7/23
8/23
9/23
TOTAL INVENTORY/SOLD - 13 MONTH TREND
TOTAL SOLD
24
Total Inventory
-22.58%
Total Sold
MEDIAN DAYS ON MARKET
10.5 -25%
103
95 78
79
76
21
26
20
26
11/22
12/22
1/23
2/23
77
83
92
90
39
37
5/23
6/23
81
87
95
102
29
25
24
7/23
8/23
9/23
MEDIAN PRICE PER SQFT
$808.63 1.46%
31
36
9/22
10/22
33 3/23
22 4/23
SALES RATIO
23.53% -36.41%
Disclaimer: If your home is currently listed by another broker this is not intended as a solicitation. All information provided is deemed reliable, but is not guaranteed and should be independently verified. This data is based in whole or in part on data supplied by the Multiple Listing Service. Neither RE/MAX Estate Properties, the Board nor its MLS guarantee or is in any way responsible for its accuracy. Data maintained by the Board or its MLS may not reflect all real estate activities in the market. Please note that due to changes in how inventory is counted, there will be a higher than normal difference between 2023 data and 2022 data as related to inventory. MLS Search parameters used: Status: Active, Active Under Contract, Closed (set dates to whole month or period pulling data for) Property Sub Type: Single Family Residence, Condominium, Townhouse, Loft, Studio, Duplex, Ouadruplex, Triplex City: Harbor City, Palos Verdes Estates, Rancho Palos Verdes, Rolling Hills, San Pedro, Wilmington Areas: 165, 172, 174, 175, 176 Data Pull Date: 10/1/2023
MEDIAN SALES PRICE - 13 MONTH TREND OCTOBER
$12,480,000
2023
$7,400,000 $6,395,000
MEDIAN SALES PRICE
$4,550,000 N/A
10
INVENTORY SNAPSHOT
$3,240,000
$2,300,000 9/22
10/22
11/22
5
12/22
1/23
2/23
3/23
4/23
5/23
6/23
7/23
8/23
9/23
TOTAL INVENTORY/SOLD - 13 MONTH TREND
TOTAL SOLD
4
$3,700,000
$3,500,000
TOTAL INVENTORY
25%
$4,550,000
$4,467,500
Total Inventory
4
Total Sold
MEDIAN DAYS ON MARKET
115.5 N/A
16
MEDIAN PRICE PER SQFT
$891.30 N/A
11
8
7
0 9/22
0 10/22
1 11/22
13
12 1 12/22
7
7
0 1/23
0 2/23
14
13 8
1 3/23
3 4/23
2 5/23
3 6/23
1 7/23
9 2 8/23
10 4 9/23
SALES RATIO
40.00% 40.00%
Disclaimer: If your home is currently listed by another broker this is not intended as a solicitation. All information provided is deemed reliable, but is not guaranteed and should be independently verified. This data is based in whole or in part on data supplied by the Multiple Listing Service. Neither RE/MAX Estate Properties, the Board nor its MLS guarantee or is in any way responsible for its accuracy. Data maintained by the Board or its MLS may not reflect all real estate activities in the market. Please note that due to changes in how inventory is counted, there will be a higher than normal difference between 2023 data and 2022 data as related to inventory. MLS Search parameters used: Status: Active, Active Under Contract, Closed (set dates to whole month or period pulling data for) Property Sub Type: Single Family Residence, Condominium, Townhouse, Loft, Studio, Duplex, Ouadruplex, Triplex City: Harbor City, Palos Verdes Estates, Rancho Palos Verdes, Rolling Hills, San Pedro, Wilmington Areas: 165, 172, 174, 175, 176 Data Pull Date: 10/1/2023
MEDIAN SALES PRICE - 13 MONTH TREND OCTOBER
$2,837,500
2023
MEDIAN SALES PRICE
$2,837,500
$1,957,500
$1,850,000
$1,700,000$1,676,000 $1,695,000 $1,630,000 $1,500,000 $1,350,000 $1,290,000
53.38%
$1,560,000 $1,387,500 $1,260,000
TOTAL INVENTORY
25
-26.47%
INVENTORY SNAPSHOT
9/22
10/22
11/22
10
12/22
1/23
2/23
3/23
4/23
5/23
6/23
7/23
8/23
9/23
TOTAL INVENTORY/SOLD - 13 MONTH TREND
TOTAL SOLD
10
Total Inventory
-62.96%
Total Sold
MEDIAN DAYS ON MARKET
13.5
34 30
-32.5%
MEDIAN PRICE PER SQFT
$892.44 12.26%
24
17
27 16 9/22
16
10/22
21
20 12
11/22
12/22
1/23
19
27 26
15 2/23
7 3/23
23 13 4/23
24
8
10
5/23
6/23
24
23
7 7/23
7 8/23
25
10 9/23
SALES RATIO
40.00% -9.09%
Disclaimer: If your home is currently listed by another broker this is not intended as a solicitation. All information provided is deemed reliable, but is not guaranteed and should be independently verified. This data is based in whole or in part on data supplied by the Multiple Listing Service. Neither RE/MAX Estate Properties, the Board nor its MLS guarantee or is in any way responsible for its accuracy. Data maintained by the Board or its MLS may not reflect all real estate activities in the market. Please note that due to changes in how inventory is counted, there will be a higher than normal difference between 2023 data and 2022 data as related to inventory. MLS Search parameters used: Status: Active, Active Under Contract, Closed (set dates to whole month or period pulling data for) Property Sub Type: Single Family Residence, Condominium, Townhouse, Loft, Studio, Duplex, Ouadruplex, Triplex City: Harbor City, Palos Verdes Estates, Rancho Palos Verdes, Rolling Hills, San Pedro, Wilmington Areas: 165, 172, 174, 175, 176 Data Pull Date: 10/1/2023
MEDIAN SALES PRICE - 13 MONTH TREND OCTOBER
2023
$930,000 $880,000
MEDIAN SALES PRICE
$765,000 -0.13%
$872,500
$766,000 $762,000
$722,500
$722,000
9/22
10/22
$765,000
$750,500
132
INVENTORY SNAPSHOT
$800,000
$785,000
$776,038
TOTAL INVENTORY
41.94%
$857,396
11/22
76
12/22
1/23
2/23
3/23
4/23
5/23
6/23
7/23
8/23
9/23
TOTAL INVENTORY/SOLD - 13 MONTH TREND
TOTAL SOLD
38
Total Inventory
11.76%
Total Sold
MEDIAN DAYS ON MARKET
9.5
-56.82%
109 93
78
122 114
121
109
105
101
86
117
120
132
MEDIAN PRICE PER SQFT
$609.12 13.43%
34
34
35
39
9/22
10/22
11/22
12/22
26 1/23
40
37
38
40
38
32
2/23
3/23
4/23
5/23
6/23
7/23
42
38
8/23
9/23
SALES RATIO
28.79% -22.19%
Disclaimer: If your home is currently listed by another broker this is not intended as a solicitation. All information provided is deemed reliable, but is not guaranteed and should be independently verified. This data is based in whole or in part on data supplied by the Multiple Listing Service. Neither RE/MAX Estate Properties, the Board nor its MLS guarantee or is in any way responsible for its accuracy. Data maintained by the Board or its MLS may not reflect all real estate activities in the market. Please note that due to changes in how inventory is counted, there will be a higher than normal difference between 2023 data and 2022 data as related to inventory. MLS Search parameters used: Status: Active, Active Under Contract, Closed (set dates to whole month or period pulling data for) Property Sub Type: Single Family Residence, Condominium, Townhouse, Loft, Studio, Duplex, Ouadruplex, Triplex City: Harbor City, Palos Verdes Estates, Rancho Palos Verdes, Rolling Hills, San Pedro, Wilmington Areas: 165, 172, 174, 175, 176 Data Pull Date: 10/1/2023
Debbie Taylor REALTOR®
310-994-4848 cell
310-802-2233 direct debtaylorrealtor@gmail.com www.debtaylorrealtor.com DRE# 01778726
63 Malaga Cove Plaza | Palos Verdes Estates, CA 90274