Is Palos Verdes Peninsula, CA 90274 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Palos Verdes Peninsula is a seller’s market. With about 3 months of supply and 21% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Competition score45/ 100

More competitive than 46% of U.S. ZIP codes, and #843 of 1069 in the state.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown

Months of supply3Under 4 months = seller’s market
Sold above original list21%Share of sales, last 3 months
Median sale-to-list98%Sold price ÷ list price
Median days on market47Listing to accepted offer
Median price per sq ft$961▲ +2.4% vs. last year

The Palos Verdes Peninsula housing market right now

In the three months ending August 31, 2026, 21% of homes in Palos Verdes Peninsula, CA 90274 sold above their list price, the typical home went under contract in 47 days and there were 3 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 98 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 13%, homes sold faster (53 days then) and the median sale price rose 11% to $2,728,819. Overall, Palos Verdes Peninsula is more competitive than a year ago, so tougher for buyers.

Within Los Angeles County, homes here sell faster than in 53% of the county’s ZIP codes, and sell less often over asking than in 84%. On our competition score, Palos Verdes Peninsula ranks #843 of 1,069 CA ZIP codes with enough sales (score 45 out of 100).

Nearby, buyers who want less competition could look at Mount Baldy 91759 (0% sold over asking) or Glendale 91210 (0% sold over asking), while Los Angeles 90057 (100% sold over asking) and Burbank 91502 (86% sold over asking) are even more competitive.

Nearby markets

Acton 93510Buyer’s market $366 /sq ftAgoura Hills 91301Balanced $584 /sq ftAlhambra 91801Seller’s market $576 /sq ftAlhambra 91803Seller’s market $620 /sq ft Browse all markets →

Towns like Palos Verdes Peninsula nearby

Find towns like Palos Verdes Peninsula in other states →

Where Palos Verdes Peninsula is

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Questions about Palos Verdes Peninsula real estate

Is Palos Verdes Peninsula a buyer’s or seller’s market?

A seller’s market: there were 3 months of supply in Palos Verdes Peninsula, CA 90274 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Palos Verdes Peninsula?

The typical home went under contract in 47 days in the latest three months.

Do homes in Palos Verdes Peninsula sell over asking?

21% of homes sold above their original list price, and the typical sale closed at 98.0% of the list price.

What are property taxes in Palos Verdes Peninsula?

About 1.15% of a home’s value a year in Los Angeles County, or roughly $4,600 on a $400,000 home.

What is the median home price in Palos Verdes Peninsula?

The median sale price was $2,728,819 in the three months ending August 31, 2026, about $961 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology