Last month in February, housing in Rancho Palos Verdes, CA ended with 27 homes being added to the market for sale, for a cumulative monthly total of 56 homes for sale - down -18% compared to January. Rancho Palos Verdes, CA had a total of 20 homes sold for the month - up 5% from the month prior.
Detached led the way in homes sold with a total of 14 - up 14%, while attached totaled 6 in closed sales - down -17% from the month of January. The number of detached properties sold under 1500 square feet totaled 1 for the month of February, while homes from 1500 to 2000 square feet recorded 5 sales and homes sized from 2000 to 2500 square feet had 3 sales. While homes from 2500 to 3000 square feet square feet recorded 2 homes sold and homes from 3000 to 3500 square feet had 1 sales and while homes in the 3500 to 4000 square feet range totaled 2 homes sold. The following ranges for detached homes all had no sales: 4000 to 4500, 4500 to 5000, over 5500.
The number of attached homes sold under 1500 square feet numbered 4 and attached properties from 2000 to 2500 square feet had a total of 2 homes sold. The following ranges for attached homes all had no sales: 1500 to 2000, 2500 to 3000, 3000 to 3500, 3500 to 4000, 4000 to 4500, 4500 to 5000, over 5500.
The last 12 month period for the city of Rancho Palos Verdes, CA shows that the greatest number of homes were sold during the months of May 2023, June 2023 and October 2023. The months of May 2023, June 2023 and October 2023 had 42 - 36 and 34 homes sold, respectively, as compared to an average of 25 for the other months of the year.
The last 12 month period for the city of Rancho Palos Verdes, CA shows that homes sold the fastest during the months of March 2023, August 2023 and September 2023. The months of March 2023, August 2023 and September 2023 had 16 - 9 and 15 days on market, respectively, as compared to an average of 31 for the other months of the year.
Number of homes sold in Rancho Palos Verdes, CA | |||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total |
2024 | 19 | 20 | - | - | - | - | - | - | - | - | - | - | 39 |
2023 | 18 | 27 | 31 | 22 | 42 | 36 | 28 | 26 | 25 | 34 | 28 | 29 | 346 |
2022 | 34 | 34 | 45 | 48 | 51 | 44 | 30 | 43 | 33 | 35 | 25 | 24 | 446 |
2021 | 34 | 34 | 51 | 56 | 54 | 57 | 51 | 62 | 60 | 40 | 38 | 56 | 593 |
2020 | 31 | 55 | 30 | 33 | 26 | 38 | 52 | 50 | 42 | 51 | 52 | 57 | 517 |
2019 | 18 | 25 | 40 | 37 | 48 | 41 | 46 | 48 | 39 | 40 | 42 | 38 | 462 |
2018 | 26 | 28 | 40 | 38 | 49 | 66 | 42 | 53 | 27 | 38 | 24 | 26 | 457 |
2017 | 28 | 24 | 34 | 35 | 47 | 69 | 63 | 50 | 40 | 45 | 28 | 42 | 505 |
Average Days On Market (DOM) In Rancho Palos Verdes, CA | |||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Average |
2024 | 46 | 33 | - | - | - | - | - | - | - | - | - | - | 40 |
2023 | 47 | 46 | 16 | 45 | 28 | 17 | 18 | 9 | 15 | 25 | 24 | 39 | 27 |
2022 | 28 | 16 | 14 | 9 | 9 | 10 | 17 | 16 | 20 | 21 | 28 | 45 | 19 |
2021 | 23 | 24 | 19 | 19 | 9 | 15 | 14 | 12 | 18 | 13 | 28 | 22 | 18 |
2020 | 43 | 33 | 40 | 20 | 70 | 46 | 22 | 27 | 18 | 35 | 20 | 19 | 33 |
2019 | 35 | 59 | 47 | 32 | 34 | 25 | 35 | 23 | 35 | 44 | 36 | 53 | 38 |
2018 | 54 | 42 | 30 | 23 | 33 | 45 | 20 | 23 | 36 | 34 | 37 | 45 | 35 |
2017 | 39 | 41 | 37 | 34 | 27 | 22 | 27 | 30 | 26 | 40 | 40 | 51 | 34 |
Average Days From List To Close Of Escrow In Rancho Palos Verdes, CA | |||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Average |
2024 | 91 | 73 | - | - | - | - | - | - | - | - | - | - | 82 |
2023 | 112 | 87 | 80 | 93 | 93 | 53 | 65 | 59 | 65 | 61 | 73 | 116 | 80 |
2022 | 81 | 63 | 54 | 64 | 54 | 57 | 61 | 83 | 60 | 72 | 77 | 91 | 68 |
2021 | 84 | 74 | 66 | 77 | 57 | 68 | 88 | 54 | 64 | 54 | 68 | 79 | 69 |
2020 | 108 | 82 | 89 | 69 | 119 | 112 | 76 | 87 | 77 | 90 | 79 | 69 | 88 |
2019 | 79 | 99 | 114 | 81 | 74 | 81 | 87 | 73 | 86 | 92 | 82 | 99 | 87 |
2018 | 122 | 84 | 85 | 70 | 83 | 94 | 62 | 83 | 78 | 76 | 74 | 90 | 83 |
2017 | 83 | 93 | 94 | 82 | 75 | 83 | 96 | 71 | 71 | 87 | 87 | 99 | 85 |
Number of homes added to the market in Rancho Palos Verdes, CA | |||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total |
2024 | 40 | 27 | - | - | - | - | - | - | - | - | - | - | 67 |
2023 | 27 | 31 | 24 | 36 | 54 | 39 | 38 | 41 | 40 | 38 | 28 | 8 | 404 |
2022 | 45 | 47 | 49 | 53 | 49 | 42 | 43 | 42 | 36 | 25 | 29 | 19 | 479 |
2021 | 48 | 48 | 56 | 61 | 45 | 61 | 71 | 43 | 49 | 49 | 28 | 25 | 584 |
2020 | 48 | 77 | 42 | 28 | 45 | 58 | 40 | 46 | 49 | 60 | 43 | 21 | 557 |
2019 | 35 | 32 | 46 | 57 | 45 | 48 | 51 | 46 | 43 | 30 | 23 | 17 | 473 |
2018 | 37 | 42 | 51 | 50 | 50 | 56 | 34 | 31 | 39 | 30 | 24 | 13 | 457 |
2017 | 28 | 39 | 51 | 52 | 63 | 50 | 57 | 40 | 37 | 38 | 19 | 17 | 491 |