Debbie Maxwell Allen Market Intelligence Report Palos Verdes

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