Photo: Abby Lanes · CC BY-SA 3.0154 homes sold in Palos Verdes Estates in the last year, at a typical $2.8M
Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Palos Verdes Estates homes are listed.
Every place Palos Verdes Estates homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Palos Verdes Estates.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
Houses are 97% of Palos Verdes Estates’ sales, at a typical $2.8M
154 homes sold in the year to May 2026.
typical sale · 150 sold in 12 months
- Per square foot
- $1,023CA $494
- Days to sell
- 69
- Sold over asking
- 15%
- Listings with a price cut
- 24%
Townhouses: 1 sold, typical $1.8M
Condos: 3 sold, typical $994K
Too few sales in 12 months for reliable figures.
About as many homes sell as usual, at 1.5 times the 2016 price
154 sales in the last year, against 239 in 2021 and a low of 142 in 2023. The typical sale went from $1.8M in 2016 to $2.8M.
Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.
What $2M buys in Palos Verdes Estates
Check a listing against what Palos Verdes Estates homes sold for
Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.
Bidding wars in Palos Verdes Estates are rarer than before the pandemic, but a third fewer homes come up for sale
We read every month of Palos Verdes Estates’ home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 154 sales.
If you’re buying in Palos Verdes Estates
- Shop in February. It brings about 24 new listings a month, close to the busiest month, with fewer bidding wars (29% over asking).
- Some room to negotiate. 24% of listings cut their price, about as many as before the pandemic.
- Offer under asking. Buyers paid 96.7% of the list price on average; 16% paid over.
- You’ll usually have time. Only 23% of homes go under contract within two weeks; the typical one takes 68 days.
Summer brings the homes; spring brings the bidding wars
June has the most new listings (about 26 a month), but May is the most competitive: 39% of May sales close over asking. February and March offer nearly as much choice with fewer homes bid up (29%). January has the least competition (21%).
Averages for each calendar month, 2015 on.
Calmer than the 2021 frenzy, and calmer than California
| Palos Verdes Estates now | 2017–19 | 2021 peak | CA now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 16% | 24% | 55% | 36% |
| Gone within two weeksShare of homes under contract within 14 days | 23% | 33% | 55% | 31% |
| Listings with a price cutShare of homes for sale that cut their price | 24% | 22% | 9% | 24% |
| Price paid vs. askingAverage sale price ÷ list price | 96.7% | 98% | 102.2% | 99.7% |
| Days to sellMedian days from listing to contract | 68 | 70 | 44 | 44 |
45 homes for sale on a typical day
That’s 1.5 times the 2013 low (31), 36% fewer than in 2017–19 and well under 2019’s 82.
1 in 4 listings has cut its price
24% in the last year, against 22% in 2017–19 and 24% across California.
Palos Verdes Estates ranks 514th of 555 busy California markets for bidding wars
Share of sales over asking in the last year, among towns with 60 or more sales. Palos Verdes Estates is one of the state’s calmer markets.
Source: Redfin Data Center, city market tracker, January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.
Five things worth knowing
New listings in June
The month with the most choice. December has the fewest, about 6.
Best time to buySchools
The schools grade for Palos Verdes Estates, from test results, graduation and how much students grow.
Schools in Palos Verdes EstatesTypical commute
The average one-way trip to work for people who live in Palos Verdes Estates.
Work & commuteCheck the flood map
Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.
Natural hazardsLook up any property
Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.
Rancho Palos Verdes, Rolling Hills Estates, Redondo Beach, Torrance and Lomita sell for less a square foot
The busier markets within 25 miles of Palos Verdes Estates, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| Torrance | 911 | $1.2M | $735 | 40% | 35 |
| Redondo Beach | 599 | $1.6M | $803 | 32% | 45 |
| Rancho Palos Verdes | 386 | $1.8M | $749 | 25% | 58 |
| Palos Verdes Estates | 154 | $2.8M | $1,014 | 16% | 68 |
| Lomita | 95 | $977K | $590 | 32% | 52 |
| Rolling Hills Estates | 88 | $1.9M | $786 | 19% | 58 |
| Rolling Hills | 23 | $4.3M | $1,071 | 22% | 167 |
Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.
Post your home to Palos Verdes Estates, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Palos Verdes Estates. People who follow the town see it, and so do people comparing Palos Verdes Estates with their own town. No commission, no listing fee.
Questions about buying a home in Palos Verdes Estates
What do homes sell for in Palos Verdes Estates, CA?
154 homes sold in the year to May 2026 at a typical $2.8M, $1,014 a square foot.
Is Palos Verdes Estates a buyer’s or seller’s market?
A balanced market: 50 homes were for sale in May 2026 and 12 sold, about 4.2 months of supply. Buyers paid 96.7% of asking on average, and 24% of listings cut their price.
When is the best time to buy in Palos Verdes Estates?
June brings the most new listings. The sales history shows which months have fewer bidding wars.
Where can I see homes for sale in Palos Verdes Estates?
Zillow, Redfin, Realtor.com and Homes.com all carry Palos Verdes Estates’ MLS listings; the search links above open each one filtered to Palos Verdes Estates.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).