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
Zip | Median Est. Value |
---|---|
90272 | $ 3,261,250 $ 1,212/sqft |
Housing Market Summary for Pacific Palisades, CA
Mar 2023 | February 2024 | Change | |
---|---|---|---|
Median Listing Price | $3.9M | $3M | -23.35% |
Median Sold Price | $3.2M | $3M | -5.79% |
Homes For Sale | 65 | 47 | -27.69% |
Homes Sold | 276 | 295 | 6.88% |
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%.
Recently Sold Homes
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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.
- Pre-ForeclosurePre-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 OwnedThe 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.
- Auctions90272 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.
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Guide for Pacific Palisades, CA
In the past year, California’s real estate market has seen a moderate rise in property values, reflecting enduring confidence despite some fluctuations, with particular note on per square foot value increases and transactional stability across the diverse county markets.
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Anaheim, CA’s real estate trends show consistent growth in property values, latest data shows.
The Fremont, California real estate market experienced considerable fluctuation throughout 2023 and into 2024, with significant peaks and stabilization across various parameters.