Pacific Palisades, CA Home Values & Market Trends

Real estate market trends reflect that there have been 364 transactions over the past year in Pacific Palisades. The median value for residential home transactions that occurred over the previous year is $3,211,341.43. The number of current listings in Pacific Palisades is 58, and the percentage of properties for sale in the city is 58.00%. Pacific Palisades, CA currently has 25 properties in foreclosure, 5 bank owned properties, 3 properties headed for auction, and 58 properties for sale.

Pacific Palisades, CA Real Estate Market Overview

ZipMedian Est. Value
90272

$ 3,261,250

$ 1,212/sqft

Housing Market Summary for Pacific Palisades, CA

Mar 2023February 2024Change
Median Listing Price$3.9M$3M-23.35%
Median Sold Price$3.2M$3M-5.79%
Homes For Sale6547-27.69%
Homes Sold2762956.88%
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Pacific Palisades, CA

Pacific Palisades home values range from $188,574 to $39,995,000. The median estimated value of a home in Pacific Palisades is $3,211,341.43. The median list price of a home is 3,722,500, and the total count of properties in the city is 8,734.

Foreclosure
There is 1 zips within Pacific Palisades, CA; within this zips, the median estimated home value for homes in foreclosure ranges from $8,300,000 in 90272 to the lowest value of $1,139,500 in 90272. Foreclosure homes account for 0.00% of properties in Pacific Palisades, CA with 90272 containing 25 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.19% of all residential properties in Pacific Palisades, CA with 90272 containing 17 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Pacific Palisades, CA; of that zips, the estimated home value for pre-foreclosure homes ranges from $8,300,000 in 90272 to the lowest home value of $1,139,500 in 90272.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Pacific Palisades, CA ranges from the highest value of $4,481,750 in 90272 to the lowest value of $4,277,250 in 90272. Bank owned homes and properties account for 0.06% of properties in Pacific Palisades, CA. There is 1 zips within Pacific Palisades, CA; 90272 containing 5 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    90272 has 3 auction properties, the highest number of properties going to auction in a single zip in the state of Pacific Palisades, CA. Auction homes and other auction properties account for 0.03% of all properties in Pacific Palisades, CA. There is 1 zips within Pacific Palisades, CA; of that zips, the median estimated home value for homes going to auction ranges from $5,136,000 in 90272 to the lowest value of $1,335,250 in 90272.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.66% of residential properties in Pacific Palisades, CA with 90272 containing 58 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Pacific Palisades, CA; homes for sale in that zips, have a range of median values from $15,663,450 in 90272 to the lowest value of $444,322 in 90272.
    Sold Homes
    The median value for recently sold homes ranges from $19,128,000 in 90272 to the lowest price of $444,322 in 90272. There is 1 zips within Pacific Palisades, CA. 90272 has 289 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 3.31% of properties in Pacific Palisades, CA.

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      Guide for Pacific Palisades, CA

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      RealtyTrac Market Report
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      Oakland’s real estate market, along with its neighboring cities, experienced a peak in 2023 but slowly began to cool off in 2024.

      Anaheim Property Trends: Slow but Steady Uptick in Home Values – Mar 2024
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      The Fremont, California real estate market experienced considerable fluctuation throughout 2023 and into 2024, with significant peaks and stabilization across various parameters.