Palos Verdes home sales in 2025 increased compared to 2024 – 37 more homes sold, median price increased 3.6%, average sales price decreased 4.7% and average price per square foot decreased 3.1% compared to 2024. Average price for Palos Verdes homes sold in 2025 was $2,460,148 compared to $2,581,676 in 2024 – an decrease of 4.7%. 2025 average price per square foot for Palos Verdes homes was $894 compared to $923 in 2024 – a decrease of 3.11%. There was 37 more single family Palos Verdes homes sold in 2025- 549 single family Palos Verdes homes sold in 2025 compared to 512 homes in 2024 – an increase of 7.2%. In 2025 we saw Months of Inventory between 2.4 months and 5.3 months indicating a market that was balancing a bit from the seller’s market we have experienced for the last several years. A “normal” or balanced market is considered 3 to 6 months of inventory (less than 3 months is a seller’s market and more than 6 months is a buyer’s market) – Please open Statistics tab above or click here.
The mix of Palos Verdes homes sales for 2025 showed 4 sales under $1,000,000 compared to 3 homes in 2024. In 2025, 235 Palos Verdes homes sold between $1,000,000 and $2,000,000 (compared to 214 homes in 2024). In 2024, 291 Palos Verdes homes sold between $2,000,000 and $5,000,000 (compared to 264 homes in 2024). Finally, in 2025, 19 Palos Verdes homes sold for $5,000,000 or more (compared to 31 homes in 2024). The most expensive home sold in 2025 for $9,700,000 compared to $11,500,000 in 2024.
Next week, I will discuss 2025 sales by neighborhood for all of the Palos Verdes Peninsula.
To read my article on Palos Verdes homes sales in 2024 click here.
Photo of Palos Verdes coast courtesy of Arvin Design
