Penny Brincat Market Intelligence Report Palos Verdes

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APRIL 2024 Direct: (310) 702-5463 Email: Penny@BrincatRealtor.com BrincatRealtor.com Penny Brincat REALTOR® | DRE# 01748151 It makes “CENTS” to call Penny
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 DRE# 01748151 310.702.5463 | Penny@BrincatRealtor.com | BrincatRealtor.com
D sc a mer f your home s curren ly sted by ano her b oker this s not ntended as a so ci at on A l nformat on provided s deemed re able but is not guaranteed and should be ndependent y ver fied Th s data is based n who e or n part on da a supp ed by the Mu t ple L st ng Service Ne ther RE/MAX Estate Properties he Board nor ts MLS guaran ee or s in any way respons ble for ts accuracy Data ma nta ned by the Board or ts MLS may no reflect a eal esta e activi ies n he market P ease no e hat due to changes in how nven ory is counted there w l be a highe than norma d ffe ence be ween 2023 data and 2022 data as rela ed to nventory MLS Sea ch parameters used Sta us: Act ve Act ve Unde Con ract C osed (set dates to who e month o per od pu ing data for) Property Sub Type: S ng e Fam y Residence Condom nium Townhouse Lo t Stud o Dup ex, Ouadrup ex Tr p ex City Harbor C ty Pa os Verdes Estates Rancho Palos Verdes Ro l ng Hi s San Pedro W lmington Areas: 165, 172, 174, 175, 176 Data Pu Date 4/1/2024 $646,000 $725,000 $749,888 $730,000 $565,000 $752,000 $780,000 $705,500 $760,000 $900,000 $595,000 $722,500 $790,500 3/23 4/23 5/23 6/23 7/23 8/23 9/23 10/23 11/23 12/23 1/24 2/24 3/24 MEDI AN SALES PRICE - 13 MONTH TREND 9 APSHOT 9 14 9 13 11 15 7 12 11 7 7 8 8 28 33 27 39 39 39 29 29 22 16 18 25 24 3/23 4/23 5/23 6/23 7/23 8/23 9/23 10/23 11/23 12/23 1/24 2/24 3/24 Total Inventory Total Sold TOTAL INVENTORY/SOLD - 13 MONTH TREND APRIL 2024 8 -27.27% ARKET $475.41 -3.48% MEDIAN PRICE PER SQFT 33.33% 3.7% SALES RATIO $790,500 22.37% MEDIAN SALES PRICE 24 -14.29% TOTAL INVENTORY 8 -11.11% TOTAL SOLD
D sc a mer f your home s curren ly sted by ano her b oker this s not ntended as a so ci at on A l nformat on provided s deemed re able but is not guaranteed and should be ndependent y ver fied Th s data is based n who e or n part on da a supp ed by the Mu t ple L st ng Service Ne ther RE/MAX Estate Properties he Board nor ts MLS guaran ee or s in any way respons ble for ts accuracy Data ma nta ned by the Board or ts MLS may no reflect a eal esta e activi ies n he market P ease no e hat due to changes in how nven ory is counted there w l be a highe than norma d ffe ence be ween 2023 data and 2022 data as rela ed to nventory MLS Sea ch parameters used Sta us: Act ve Act ve Unde Con ract C osed (set dates to who e month o per od pu ing data for) Property Sub Type: S ng e Fam y Residence Condom nium Townhouse Lo t Stud o Dup ex, Ouadrup ex Tr p ex City Harbor C ty Pa os Verdes Estates Rancho Palos Verdes Ro l ng Hi s San Pedro W lmington Areas: 165, 172, 174, 175, 176 Data Pu Date 4/1/2024 $2,556,000 $2,405,000 $2,840,000 $2,550,000 $2,440,000 $2,649,000 $2,100,000 $2,342,500 $3,169,250 $2,800,000 $3,172,500 $2,750,000 $2,640,000 3/23 4/23 5/23 6/23 7/23 8/23 9/23 10/23 11/23 12/23 1/24 2/24 3/24 MEDI AN SALES PRICE - 13 MONTH TREND 30 APSHOT 15 9 11 23 12 11 14 16 13 7 12 11 17 35 38 54 64 63 58 66 71 56 37 52 52 56 3/23 4/23 5/23 6/23 7/23 8/23 9/23 10/23 11/23 12/23 1/24 2/24 3/24 Total Inventory Total Sold TOTAL INVENTORY/SOLD - 13 MONTH TREND APRIL 2024 16 23.08% ARKET $1,003.42 8.31% MEDIAN PRICE PER SQFT 30.36% -29.17% SALES RATIO $2,640,000 3.29% MEDIAN SALES PRICE 56 60% TOTAL INVENTORY 17 13.33% TOTAL SOLD
D sc a mer f your home s curren ly sted by ano her b oker this s not ntended as a so ci at on A l nformat on provided s deemed re able but is not guaranteed and should be ndependent y ver fied Th s data is based n who e or n part on da a supp ed by the Mu t ple L st ng Service Ne ther RE/MAX Estate Properties he Board nor ts MLS guaran ee or s in any way respons ble for ts accuracy Data ma nta ned by the Board or ts MLS may no reflect a eal esta e activi ies n he market P ease no e hat due to changes in how nven ory is counted there w l be a highe than norma d ffe ence be ween 2023 data and 2022 data as rela ed to nventory MLS Sea ch parameters used Sta us: Act ve Act ve Unde Con ract C osed (set dates to who e month o per od pu ing data for) Property Sub Type: S ng e Fam y Residence Condom nium Townhouse Lo t Stud o Dup ex, Ouadrup ex Tr p ex City Harbor C ty Pa os Verdes Estates Rancho Palos Verdes Ro l ng Hi s San Pedro W lmington Areas: 165, 172, 174, 175, 176 Data Pu Date 4/1/2024 $1,550,000 $1,797,500 $1,965,000 $1,815,000 $1,650,000 $1,450,000 $1,780,000$1,800,000 $1,604,000 $1,690,000 $1,570,000 $1,500,000 $1,810,000 3/23 4/23 5/23 6/23 7/23 8/23 9/23 10/23 11/23 12/23 1/24 2/24 3/24 MEDI AN SALES PRICE - 13 MONTH TREND 61 APSHOT 33 22 39 37 29 25 24 33 28 29 19 20 27 83 81 92 90 87 95 102 110 98 79 86 86 109 3/23 4/23 5/23 6/23 7/23 8/23 9/23 10/23 11/23 12/23 1/24 2/24 3/24 Total Inventory Total Sold TOTAL INVENTORY/SOLD - 13 MONTH TREND APRIL 2024 9 -10% ARKET $776.16 4.54% MEDIAN PRICE PER SQFT 24.77% -37.7% SALES RATIO $1,810,000 16.77% MEDIAN SALES PRICE 109 31.33% TOTAL INVENTORY 27 -18.18% TOTAL SOLD
D sc a mer f your home s curren ly sted by ano her b oker this s not ntended as a so ci at on A l nformat on provided s deemed re able but is not guaranteed and should be ndependent y ver fied Th s data is based n who e or n part on da a supp ed by the Mu t ple L st ng Service Ne ther RE/MAX Estate Properties he Board nor ts MLS guaran ee or s in any way respons ble for ts accuracy Data ma nta ned by the Board or ts MLS may no reflect a eal esta e activi ies n he market P ease no e hat due to changes in how nven ory is counted there w l be a highe than norma d ffe ence be ween 2023 data and 2022 data as rela ed to nventory MLS Sea ch parameters used Sta us: Act ve Act ve Unde Con ract C osed (set dates to who e month o per od pu ing data for) Property Sub Type: S ng e Fam y Residence Condom nium Townhouse Lo t Stud o Dup ex, Ouadrup ex Tr p ex City Harbor C ty Pa os Verdes Estates Rancho Palos Verdes Ro l ng Hi s San Pedro W lmington Areas: 165, 172, 174, 175, 176 Data Pu Date 4/1/2024 $3,700,000 $4,467,500 $6,395,000 $7,400,000 $3,240,000 $4,550,000$4,500,000 $8,750,000 $3,350,000 $5,233,390 $7,250,000 3/23 4/23 5/23 6/23 7/23 8/23 9/23 10/23 11/23 12/23 1/24 2/24 3/24 MEDI AN SALES PRICE - 13 MONTH TREND 8 APSHOT 1 3 2 3 1 2 4 3 1 2 1 1 0 13 16 14 13 8 9 10 9 10 9 8 10 10 3/23 4/23 5/23 6/23 7/23 8/23 9/23 10/23 11/23 12/23 1/24 2/24 3/24 Total Inventory Total Sold TOTAL INVENTORY/SOLD - 13 MONTH TREND APRIL 2024 #NUM! -1 ARKET #NUM! -1630.31 MEDIAN PRICE PER SQFT 0.00% -7.69% SALES RATIO #NUM! -$12,480,000 MEDIAN SALES PRICE 10 -23.08% TOTAL INVENTORY 0 -1 TOTAL SOLD
D sc a mer f your home s curren ly sted by ano her b oker this s not ntended as a so ci at on A l nformat on provided s deemed re able but is not guaranteed and should be ndependent y ver fied Th s data is based n who e or n part on da a supp ed by the Mu t ple L st ng Service Ne ther RE/MAX Estate Properties he Board nor ts MLS guaran ee or s in any way respons ble for ts accuracy Data ma nta ned by the Board or ts MLS may no reflect a eal esta e activi ies n he market P ease no e hat due to changes in how nven ory is counted there w l be a highe than norma d ffe ence be ween 2023 data and 2022 data as rela ed to nventory MLS Sea ch parameters used Sta us: Act ve Act ve Unde Con ract C osed (set dates to who e month o per od pu ing data for) Property Sub Type: S ng e Fam y Residence Condom nium Townhouse Lo t Stud o Dup ex, Ouadrup ex Tr p ex City Harbor C ty Pa os Verdes Estates Rancho Palos Verdes Ro l ng Hi s San Pedro W lmington Areas: 165, 172, 174, 175, 176 Data Pu Date 4/1/2024 $1,350,000 $1,695,000 $1,957,500 $1,560,000 $1,260,000 $1,387,500 $2,837,500 $1,937,500 $6,300,000 $1,515,000 $1,752,500 $1,317,500 $1,780,000 3/23 4/23 5/23 6/23 7/23 8/23 9/23 10/23 11/23 12/23 1/24 2/24 3/24 MEDI AN SALES PRICE - 13 MONTH TREND 8 APSHOT 7 13 8 10 7 7 10 8 3 6 10 4 6 26 27 23 24 24 23 25 25 19 20 25 18 20 3/23 4/23 5/23 6/23 7/23 8/23 9/23 10/23 11/23 12/23 1/24 2/24 3/24 Total Inventory Total Sold TOTAL INVENTORY/SOLD - 13 MONTH TREND APRIL 2024 14.5 11.54% ARKET $700.77 2.1% MEDIAN PRICE PER SQFT 30.00% 11.43% SALES RATIO $1,780,000 31.85% MEDIAN SALES PRICE 20 -23.08% TOTAL INVENTORY 6 -14.29% TOTAL SOLD
D sc a mer f your home s curren ly sted by ano her b oker this s not ntended as a so ci at on A l nformat on provided s deemed re able but is not guaranteed and should be ndependent y ver fied Th s data is based n who e or n part on da a supp ed by the Mu t ple L st ng Service Ne ther RE/MAX Estate Properties he Board nor ts MLS guaran ee or s in any way respons ble for ts accuracy Data ma nta ned by the Board or ts MLS may no reflect a eal esta e activi ies n he market P ease no e hat due to changes in how nven ory is counted there w l be a highe than norma d ffe ence be ween 2023 data and 2022 data as rela ed to nventory MLS Sea ch parameters used Sta us: Act ve Act ve Unde Con ract C osed (set dates to who e month o per od pu ing data for) Property Sub Type: S ng e Fam y Residence Condom nium Townhouse Lo t Stud o Dup ex, Ouadrup ex Tr p ex City Harbor C ty Pa os Verdes Estates Rancho Palos Verdes Ro l ng Hi s San Pedro W lmington Areas: 165, 172, 174, 175, 176 Data Pu Date 4/1/2024 $750,500 $722,500 $785,000 $930,000 $857,396 $800,000 $765,000 $817,500 $752,250 $825,000 $664,500 $765,000 $891,400 3/23 4/23 5/23 6/23 7/23 8/23 9/23 10/23 11/23 12/23 1/24 2/24 3/24 MEDI AN SALES PRICE - 13 MONTH TREND 43 APSHOT 37 38 40 38 32 42 38 29 23 37 26 38 52 121 109 105 101 117 120 132 129 127 132 107 117 125 3/23 4/23 5/23 6/23 7/23 8/23 9/23 10/23 11/23 12/23 1/24 2/24 3/24 Total Inventory Total Sold TOTAL INVENTORY/SOLD - 13 MONTH TREND APRIL 2024 18.5 23.33% ARKET $546.58 -4.38% MEDIAN PRICE PER SQFT 41.60% 36.04% SALES RATIO $891,400 18.77% MEDIAN SALES PRICE 125 3.31% TOTAL INVENTORY 52 40.54% TOTAL SOLD
D sc a mer f your home s curren ly sted by ano her b oker this s not ntended as a so ci at on A l nformat on provided s deemed re able but is not guaranteed and should be ndependent y ver fied Th s data is based n who e or n part on da a supp ed by the Mu t ple L st ng Service Ne ther RE/MAX Estate Properties he Board nor ts MLS guaran ee or s in any way respons ble for ts accuracy Data ma nta ned by the Board or ts MLS may no reflect a eal esta e activi ies n he market P ease no e hat due to changes in how nven ory is counted there w l be a highe than norma d ffe ence be ween 2023 data and 2022 data as rela ed to nventory MLS Sea ch parameters used Sta us: Act ve Act ve Unde Con ract C osed (set dates to who e month o per od pu ing data for) Property Sub Type: S ng e Fam y Residence Condom nium Townhouse Lo t Stud o Dup ex, Ouadrup ex Tr p ex City Harbor C ty Pa os Verdes Estates Rancho Palos Verdes Ro l ng Hi s San Pedro W lmington Areas: 165, 172, 174, 175, 176 Data Pu Date 4/1/2024 $615,000 $585,000 $658,000 $772,000 $690,000 $650,000 $757,450 $605,000 $660,000 $710,000 $685,000 $668,000 $654,000 3/23 4/23 5/23 6/23 7/23 8/23 9/23 10/23 11/23 12/23 1/24 2/24 3/24 MEDI AN SALES PRICE - 13 MONTH TREND 12 APSHOT 9 7 7 7 8 7 6 5 5 3 8 5 9 22 22 17 20 22 18 16 22 26 20 20 19 24 3/23 4/23 5/23 6/23 7/23 8/23 9/23 10/23 11/23 12/23 1/24 2/24 3/24 Total Inventory Total Sold TOTAL INVENTORY/SOLD - 13 MONTH TREND APRIL 2024 7 -41.67% ARKET $574.16 0.83% MEDIAN PRICE PER SQFT 37.50% -8.33% SALES RATIO $654,000 6.34% MEDIAN SALES PRICE 24 9.09% TOTAL INVENTORY 9 0% TOTAL SOLD
facebook.com/brincatrealtor/ twitter.com/brincatrealtor pinterest.com/brincatrealtor/ CONNECT WITH ME Penny Brincat REALTOR® | DRE# 01748151 (310) 702-5463 Email: Penny@BrincatRealtor.com brincatrealtor.com It makes “CENTS” to call Penny RE/MAX Estate Properties 23740 Hawthorne Blvd. Torrance, CA 90505
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