Palos Verdes Real Estate Market
Palos Verdes is located on a small peninsula right off the Bluff Cove, with a current population of approximately 42,000 comprised of both families and single individuals. This area is considered a highly sought-after luxury location.
The Palos Verdes real estate market is considered quite active at the moment, with homes in the Palos Verdes Estates neighborhood seeing a median listing price trending up by approximately 14.2 percent compared to last year. In this luxury peninsula, the average selling price is currently standing at $1.3 million. However, the area has seen a median price as high as $2.29 million in the last month. This area favors buyers over renters, making it an ideal location for those looking to settle down.
Palos Verdes Highlights
While Palos Verdes may have quite the luxury price tag, many find the location well worth the price. With several highly rated schools, Pre-K through middle school, and an extremely low crime rate (85 percent lower than the national average), the community is desirable to those looking to start a family.
This location is considered a hidden gem in the golden state, and while it doesn’t have quite the extensive range of attractions that many of the surrounding areas have, this peninsula community is perfect for those looking to enjoy a quiet area with plenty of coastlines to explore.
Some of the top destinations in the area include Palos Verdes Point, Palos Verdes Estates Shoreline Preserve Beach, the South Coast Botanic Garden, and the Malago Cove and Trail.
Of course, there are plenty of other wonderful things to explore in the area, including the Malago Cove Plaza shopping mall, the stunning Neighborhood Church, and a variety of outstanding restaurants and bars to choose from.
If you’re looking to get away from the hustle and bustle of the big city and take in all the beauty that Southern California has to offer, then you’ll want to add Palos Verdes to your places to visit.
Properties for sale in Palos Verdes
View our selection of available properties in the Palos Verdes.
Want the full market report for Palos Verdes?
We want to ensure that you have all the information needed to make the best decisions when it comes to your home goals. When you enter your info below you will get instant access to the area's latest market report, complete with sales and demographic trends.