Foreclosure Homes in Palos Verdes Estates, CA 90274

Current Market Conditions in Palos Verdes Estates, CA

The real estate market in Palos Verdes Estates remains competitive, with a strong demand for single-family homes. The beautiful coastal setting and high-quality schools continue to attract buyers, leading to upward trends in housing prices. As of late 2023, the average home price has seen a steady increase, reflecting the area's desirability and limited inventory.

New developments and renovations in the area have updated some of the older homes, adding to the appeal for buyers looking for modern amenities while retaining the charm of the neighborhood. Luxury listings are prevalent, but there are also opportunities for more modestly priced homes, catering to a wide range of buyers.

Rent Prices In Palos Verdes Estates, CA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Palos Verdes Estates, CA, is on a rollercoaster ride. The average rent price in Palos Verdes Estates, CA, is $4,207.00. Indeed, when looking to rent in Palos Verdes Estates, CA, you can expect to pay as little as $2,260.00 or as much as $5,220.00, with the average rent median estimated to be $4,200.00. The good news is that finding an affordable and desirable property to rent in Palos Verdes Estates, CA -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.