$10,000 Closing Credit*
$1,749,000
2,522 SqFt
5 Beds
•3 Full Baths
Justin Miller, Listing Office: Beach City Brokers
Is Eastview Rancho Palos Verdes, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Eastview Rancho Palos Verdes has remained a Seller's Market.
Key Takeaway
Eastview Rancho Palos Verdes is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Eastview Rancho Palos Verdes, CA
How much do homes in Eastview Rancho Palos Verdes, CA cost?
Median Sold Price
$1,251,325
$682/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$8,325(+0.7%)
Key Takeaway
Homes in Eastview Rancho Palos Verdes have sold for 0.7% more than they did a year ago.
Summary: The median home sold price in Eastview Rancho Palos Verdes was $1,251,325 in October 2024, up 0.7% from last year, and the median price per square foot was $682.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $625K | $708.5K | +13.4% |
| 3 Bedrooms | $1.1M | $1.1M | -2.0% |
| 4 Bedrooms | $1.3M | $1.3M | -0.6% |
| 5+ Bedrooms | $1.4M | - | N/A |
Summary: Eastview Rancho Palos Verdes housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 13.4%, 3 bedroom homes decreased by 2%, 4 bedroom homes decreased by 0.6%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
| Miraleste Pines | $503K | $998K | +98.4% |
| Holy Trinity | $735K | $762K | +3.7% |
| San Pedro North | $725K | $739K | +1.9% |
| Palos Verdes Drive North | $1.9M | $2.0M | +1.1% |
| Eastview Rancho Palos Verdes | $1.2M | $1.2M | +0.7% |
Housing Supply in Eastview Rancho Palos Verdes, CA
How many homes are available in Eastview Rancho Palos Verdes, CA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 27 | 32 | +18.5% |
Summary: The Eastview Rancho Palos Verdes real estate market had 32 homes for sale in October 2024, a 18.5% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 4 | +33.3% |
| 3 Bedrooms | 11 | 10 | -9.1% |
| 4 Bedrooms | 9 | 14 | +55.6% |
| 5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Eastview Rancho Palos Verdes housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 33.3%, 3 bedroom homes decreased by 9.1%, 4 bedroom homes increased by 55.6%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 7 | 8 | +14.3% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Eastview Rancho Palos Verdes, you may be able to get a good deal. 62.5% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in Eastview Rancho Palos Verdes in October 2024, up by 14.3% month-over-month. Of the 8 sold homes, 63% were sold under asking, 13% were sold at asking, and 25% were sold over asking.
Days on Market for Eastview Rancho Palos Verdes, CA
How long does it take to sell a home in Eastview Rancho Palos Verdes, CA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 23 Days | 35 Days | +52.2% |
Summary: Homes in Eastview Rancho Palos Verdes had an average of 35 days on market in Oct 2024, up by 52.2% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Eastview Rancho Palos Verdes are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 8 homes were sold in Eastview Rancho Palos Verdes; 75% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.