13 hours on Rocket
$10,000 Closing Credit¹
#SB25098799, James Athans, Jr., Listing Office: Keller Williams Realty
Palos Verdes Drive East Housing Market Report April 2025•Los Angeles County, California
Housing Prices in Palos Verdes Drive East, CA
How much do homes in Palos Verdes Drive East, CA cost?
Housing Market Conditions
Is Palos Verdes Drive East, CA a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Palos Verdes Drive East is a Seller's Market
Difference Since April 2024
At the same time last year, Palos Verdes Drive East was a Buyer's Market.
Insight
Palos Verdes Drive East is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$1,940,000$733/SqFt
-$7,500
-0.4%
Based on all homes sold in the last 12 months
Insight
The sold price of homes in Palos Verdes Drive East has remained the same since last year.
Summary: The median home sold price in Palos Verdes Drive East was $1,940,000 in April 2025, down 0.4% from last year, and the median price per square foot was $733.
Median Sold Price By Neighborhoods
| City | Apr 2024 | Apr 2025 | Change YoY |
|---|---|---|---|
| Miraleste Pines | $756.8K | $1.0M | +42.9% |
| Palos Verdes Drive East | $1.9M | $1.9M | -0.4% |
| Eastview Rancho Palos Verdes | $1.2M | $1.2M | -6.5% |
Median Sold Price By Bedrooms
| Beds | Apr 2024 | Apr 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | - | - | N/A |
| 22 Bedrooms | $1.5M | $1.3M | -16.0% |
| 33 Bedrooms | $1.8M | $1.6M | -12.1% |
| 44 Bedrooms | $2.0M | $2.2M | +5.4% |
| 55+ Bedrooms | $2.2M | $2.8M | +26.7% |
Summary: Palos Verdes Drive East housing price by bedroom type for April 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes decreased by -16.0%. The home price for 3 bedroom homes decreased by -12.1%. The home price for 4 bedroom homes increased by +5.4%. The home price for 5 bedroom homes increased by +26.7%.
How does Palos Verdes Drive East, CA compare with other places?
Market comparison tool
Data and numbers shown are subject to change and may vary based on different timeframes.
Palos Verdes Drive East, CA
Housing supply in Palos Verdes Drive East, CA
How many homes are available in Palos Verdes Drive East, CA?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 26Last MonthApr 2025 | ||
| 262 months agoMar 2025 | 0.0 % Change MoMMar – Apr |
Summary: The Palos Verdes Drive East real estate market had 26 homes for sale in Apr 2025, the same as Mar 2025
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 7Last MonthApr 2025 | ||
| 42 months agoMar 2025 | +75.0 % Change MoMMar – Apr |
Homes For Sale By Bedroom Count
| Beds | Mar 2025 | Apr 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 0 | 0 | 0.0% |
| 22 Bedrooms | 1 | 1 | 0.0% |
| 33 Bedrooms | 5 | 6 | +20.0% |
| 44 Bedrooms | 16 | 15 | -6.3% |
| 55+ Bedrooms | 4 | 4 | 0.0% |
Summary: Palos Verdes Drive East housing inventory by bedroom type for April 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes increased by +20.0%. The inventory for 4 bedroom homes decreased by -6.3%. The inventory for 5 bedroom homes remained the same.
Asking Price vs. Sold Price
How much do homes in Palos Verdes Drive East, CA cost?
Over Asking Price3 Homes
At Asking Price1 Home
Under Asking Price3 Homes
Insight
If you're buying a home in Palos Verdes Drive East, you may be able to get a good deal. 42.9% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in Palos Verdes Drive East in April 2025, up by 75.0% month-over-month. Of the 7 sold homes, 43% were sold under asking, 14% were sold at asking, and and 43% were sold over asking.
Days on Market for Palos Verdes Drive East, CA
How long does it take to sell a home in Palos Verdes Drive East, CA?
Breakdown of Home Sale Times
Under 30 Days4 Homes
30 – 90 Days2 Homes
Over 90 Days1 Home
Insight
Many homes in Palos Verdes Drive East are selling fast, if you're buying plan to act quickly.
Summary: During April 2025, 7 homes were sold in Palos Verdes Drive East; 57% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 32 DaysThis YearApr 2025 | ||
| 22 Days1 year agoApr 2024 | +49.4 % Change YoYApr 2024 – Apr 2025 |
Summary: Homes in Palos Verdes Drive East had an average listing age of 32 days in Apr 2025, up by 49.4% compared to the previous year.
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Newest Listings in Palos Verdes Drive East, CA
What homes are available in Palos Verdes Drive East, CA?
2 days on Rocket
$10,000 Closing Credit¹
#SB25087354, SHARON MCHALE, Listing Office: Estate Properties
3 days on Rocket
$10,000 Closing Credit¹
#PV25097077, Chris Adlam, Listing Office: Vista Sotheby's International Realty
3 days on RocketTour
$10,000 Closing Credit¹
#PV25093769, Karen Anderson, Listing Office: Keller Williams Realty
3 days on Rocket
$10,000 Closing Credit¹
#PV25096116, Jerry Yutronich, Listing Office: Estate Properties
5 days on Rocket
$10,000 Closing Credit¹
#OC25091190, Grant Doelp, Listing Office: Harcourts Prime Properties
#PV25091729, Jerry Yutronich, Listing Office: Estate Properties
#IG25079620, Naveed Zuberi, Listing Office: Inland Empire Realtors
Tour
#WS25089032, PENG GONG, Listing Office: Pinnacle Real Estate Group
#SB25086641, Edward Kaminsky, Listing Office: eXp Realty of California, Inc
Tour
$10,000 Closing Credit¹
#PW25086949, Shannon Daniele, Listing Office: Home Smart Realty Group
$10,000 Closing Credit¹
#PV25080763, George Fotion, Listing Office: Call Realty
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MLS Disclaimers and Copyright
Based on information from California Regional MLS, for the period 05/01/2023 - 05/01/2025
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. The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/5/2025, 4:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.