11/19/2025
๐ก Palos Verdes Real Estate Market Update โ 2025
The market is shifting, and pricing strategy has never been more important!
โจ Homes in the $2Mโ$3M range are moving quickly, often with multiple offers.
๐ผ But luxury homes over $4M are seeing longer days on market as buyers take time to negotiate.
๐ About 43% of listings have reduced their price, showing that overpricing is no longer working.
๐ Median listing price in Rancho Palos Verdes: $1.9M (up 5.3% YoY)
โณ Median Days on Market: 63 days (August 2025)
๐ Buyers now have more room to negotiate, especially on homes that have been sitting for a while.
๐๏ธ Neighborhoods like Country Club, Mira Catalina, and Silver Spur are seeing strong price growth.
๐ก Sellers: Price it right from day one to attract serious buyers and avoid sitting on the market.
๐ฌ Buyers: Focus on well-priced homes to avoid competitionโand donโt be afraid to negotiate!
๐ Overall: Inventory is still limited, so a market crash is unlikely. But smart pricing and presentation are the keys to success in 2025.
Thinking of selling or buying in Palos Verdes? Letโs talk ๐