This Week’s Market Overview
The median list price for Pacific Palisades, CA 90272 is $4,300,000, reflecting a premium, luxury-leaning market. Inventory is currently about 138 homes, keeping conditions competitive while giving buyers a solid (but selective) set of options.
Market Action Index
The Market Action Index (MAI) gauges the balance between supply and demand.
- Current MAI: 34 (Slight Seller’s Advantage)
- Last Month’s MAI: 35
The MAI has edged down slightly, but 90272 remains in seller territory. If buyer demand cools further or inventory builds, conditions may drift toward a more balanced market.
Market Narrative
Market activity in 90272 shows mixed signals. Median listing prices remain high, yet homes are taking longer to sell and monthly closed-sales counts have eased from last year. This points to more selective buyer behavior at upper price points. Sellers should focus on sharp pricing and standout presentation; buyers gain leverage with longer decision windows and more room to negotiate.
Real-Time Market Profile
- Median List Price: $4,300,000
- Median Price of New Listings: $0 (not reported)
- Price per Square Foot: $1,300
- Average Days on Market: 69
- Median Days on Market: 60
- Price Decreased: — (not published)
- Price Increased: — (not published)
- Relisted Properties: — (not published)
- Inventory: 138 properties
- Median Rent: — (not published)
Market Segments
Pacific Palisades 90272 listings are divided into four pricing segments:
Median Price | Sq. Ft. | Lot Size | Beds | Bath | Age | New | Absorbed | DOM |
---|---|---|---|---|---|---|---|---|
$8,250,000 | 6,200 | 15,000 – 25,000 sqft | 6 | 7 | 5–15 | 1 | 1 | 75 |
$4,950,000 | 4,300 | 10,000 – 15,000 sqft | 5 | 5 | 15–30 | 1 | 1 | 68 |
$3,100,000 | 3,000 | 7,500 – 10,000 sqft | 4 | 3 | 30–45 | 1 | 1 | 62 |
$1,895,000 | 1,800 | Condo / Small Lot | 2–3 | 2–3 | 35–50 | 0 | 0 | 55 |
Conclusion
Pacific Palisades 90272 remains a premium, slight seller’s market, but cooling signs are visible: longer market times and fewer closed sales than a year ago. Sellers should lean into accurate pricing and best-in-class presentation. Buyers can capitalize on longer negotiation windows and target listings that have been on the market longer.
Contact Information
For expert insights and exclusive property opportunities in Pacific Palisades 90272, contact:
📞 Andrew Spitz: (818) 453-9119 | ✉️ [email protected]
📞 Fran Chavez: (818) 517-1411 | ✉️ [email protected]
Stay ahead of the curve with weekly Pacific Palisades market updates.