3 hours on Rocket
#PV25138337, Gayle Probst, Listing office: Estate Properties
Rancho Palos Verdes Housing Market Report May 2025•Los Angeles County, California
Housing Prices in Rancho Palos Verdes, CA
How much do homes in Rancho Palos Verdes, CA cost?
Housing Market Conditions
Is Rancho Palos Verdes, CA a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Rancho Palos Verdes is a Seller's Market
Difference Since May 2024
Since last year, Rancho Palos Verdes has remained a Seller's Market.
Insight
Rancho Palos Verdes is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$1,741,500$779/SqFt
+$64,833
+3.9%
Based on all homes sold in the last 12 months
Insight
Homes in Rancho Palos Verdes have sold for 3.9% more than they did a year ago.
Summary: The median home sold price in Rancho Palos Verdes was $1,741,500 in May 2025, up 3.9% from last year, and the median price per square foot was $779.
Median Sold Price By Cities
| City | May 2024 | May 2025 | Change YoY |
|---|---|---|---|
| Rolling Hills Estates | $1.6M | $1.7M | +6.9% |
| Rancho Palos Verdes | $1.6M | $1.7M | +3.9% |
| Palos Verdes Estates | $2.6M | $2.6M | +1.4% |
| Palos Verdes Peninsula | $2.4M | $2.4M | 0.1% |
| Rolling Hills | $4.9M | $4.1M | -14.7% |
Median Sold Price By Bedrooms
| Beds | May 2024 | May 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $562K | $598.9K | +6.6% |
| 22 Bedrooms | $1.0M | $885K | -11.9% |
| 33 Bedrooms | $1.5M | $1.5M | +4.1% |
| 44 Bedrooms | $1.8M | $1.9M | +2.0% |
| 55+ Bedrooms | $2.2M | $2.5M | +13.0% |
Summary: Rancho Palos Verdes housing price by bedroom type for May 2025, compared to the previous year. The home price for 1 bedroom homes increased by +6.6%. The home price for 2 bedroom homes decreased by -11.9%. The home price for 3 bedroom homes increased by +4.1%. The home price for 4 bedroom homes increased by +2.0%. The home price for 5 bedroom homes increased by +13.0%.
How does Rancho Palos Verdes, CA compare with other places?
Market comparison tool
Data and numbers shown are subject to change and may vary based on different timeframes.
Rancho Palos Verdes, CA
Housing supply in Rancho Palos Verdes, CA
How many homes are available in Rancho Palos Verdes, CA?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 206Last MonthMay 2025 | ||
| 2022 months agoApr 2025 | +2.0 % Change MoMApr – May |
Summary: The Rancho Palos Verdes real estate market had 206 homes for sale in May 2025, a 2.0 % increase compared to Apr 2025.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 46Last MonthMay 2025 | ||
| 432 months agoApr 2025 | +7.0 % Change MoMApr – May |
Homes For Sale By Bedroom Count
| Beds | Apr 2025 | May 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 4 | 4 | 0.0% |
| 22 Bedrooms | 34 | 29 | -14.7% |
| 33 Bedrooms | 61 | 55 | -9.8% |
| 44 Bedrooms | 73 | 78 | +6.8% |
| 55+ Bedrooms | 30 | 40 | +33.3% |
Summary: Rancho Palos Verdes housing inventory by bedroom type for May 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes decreased by -14.7%. The inventory for 3 bedroom homes decreased by -9.8%. The inventory for 4 bedroom homes increased by +6.8%. The inventory for 5 bedroom homes increased by +33.3%.
Asking Price vs. Sold Price
How much do homes in Rancho Palos Verdes, CA cost?
Over Asking Price14 Homes
At Asking Price8 Homes
Under Asking Price24 Homes
Insight
If you're buying a home in Rancho Palos Verdes, you may be able to get a good deal. 52.2% of homes here sold below asking price last month.
Summary: A total of 46 homes were sold or pending in Rancho Palos Verdes in May 2025, up by 7.0% month-over-month. Of the 46 sold homes, 52% were sold under asking, 17% were sold at asking, and and 30% were sold over asking.
Days on Market for Rancho Palos Verdes, CA
How long does it take to sell a home in Rancho Palos Verdes, CA?
Breakdown of Home Sale Times
Under 30 Days27 Homes
30 – 90 Days14 Homes
Over 90 Days5 Homes
Insight
Many homes in Rancho Palos Verdes are selling fast, if you're buying plan to act quickly.
Summary: During May 2025, 46 homes were sold in Rancho Palos Verdes; 59% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 34 DaysThis YearMay 2025 | ||
| 31 Days1 year agoMay 2024 | +11.5 % Change YoYMay 2024 – May 2025 |
Summary: Homes in Rancho Palos Verdes had an average listing age of 34 days in May 2025, up by 11.5% compared to the previous year.
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Newest Listings in Rancho Palos Verdes, CA
What homes are available in Rancho Palos Verdes, CA?
10 hours on Rocket
$10,000 Closing Credit¹
#TR25130633, Betty Huang, Listing office: Keller Williams Realty Irvine
11 hours on Rocket
$10,000 Closing Credit¹
#PV25131097, Stephen Haw, Listing office: Keller Williams Palos Verdes
11 hours on Rocket
$10,000 Closing Credit¹
#SB25133076, Adela Randazzo, Listing office: Keller Williams Realty
13 hours on Rocket
$10,000 Closing Credit¹
#AR25137621, Hojung Sung, Listing office: COMPASS
2 days on RocketTour
$10,000 Closing Credit¹
#SB25133956, Derek Hirano, Listing office: Keller Williams South Bay
2 days on RocketTour
#PV25125111, Cameron Stearns, Listing office: Compass
3 days on Rocket
#SB25134077, Gerard Bisignano, Listing office: Vista Sotheby’s International Realty
4 days on Rocket
$10,000 Closing Credit¹
#PV25133858, Stephen Haw, Listing office: Keller Williams Palos Verdes
6 days on Rocket
$10,000 Closing Credit¹
#SB25124148, Edward Kaminsky, Listing office: eXp Realty of California, Inc
6 days on Rocket
#WS25133083, DELPHINE TSO, Listing office: IRN REALTY
7 days on RocketBackup offersTour
$10,000 Closing Credit¹
#PV25129286, Gayle Probst, Listing office: Estate Properties
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MLS Disclaimers and Copyright
Based on information from California Regional MLS, for the period 06/01/2023 - 06/01/2025
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: 6/20/2025, 3:45:29 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.