Pacific Palisades Real Estate Market Intelligence
Nestled between the Santa Monica Mountains and the Pacific Ocean, Pacific Palisades offers a distinctive blend of laid-back coastal living and sophisticated suburban charm within Greater Los Angeles. It's a community where sweeping ocean vistas meet hillside estates, drawing those who appreciate both natural beauty and convenient access to the sprawling metropolis.
| Market Metric | Value |
|---|
| Median Home Price | $4,250,000 |
| Median Gross Rent | $8,500/mo |
| Median Household Income | $250,000 |
| Population | 22,500 |
| Avg. Days on Market | 45 |
| Price per Sq Ft | $1,250 |
| Average Home Size | 3,400 sq ft |
| Homeownership Rate | 78.0% |
| Renter-Occupied | 22.0% |
| Rent-to-Income Ratio | 41.0% |
| Rental Vacancy Rate | 2.5% |
| Year-over-Year Change | +3.8% |
| Inventory Level | Low |
| Market Type | Seller's Market |
History
Pacific Palisades was founded in 1922 by the Reverend Charles H. Scott, a Methodist minister who envisioned it as a Chautauqua-style intellectual and religious commune, initially restricting land sales to Methodists.
The area was once home to the Huntington Palisades, a tract developed by the Pacific Palisades Association in the 1920s, which included a community center and beach club, reflecting its early planned community ethos.
During World War II, a significant portion of Pacific Palisades, specifically the Riviera neighborhood, became a clandestine gathering point for German expats and intellectuals, many of whom were émigrés fleeing Nazi Germany.
Life in Pacific Palisades
Life in Pacific Palisades often revolves around outdoor activities, community gatherings centered at Palisades Village, and a strong sense of local identity. Annual events like the Fourth of July parade and the Pacific Palisades Chamber of Commerce's yearly holiday celebration foster a tight-knit community atmosphere, despite its proximity to the vastness of Los Angeles.
Buyer Profile
The typical buyer in Pacific Palisades is often an executive-level professional from the entertainment, tech, or finance industries, seeking a high quality of life for their families. There's a significant presence of individuals associated with Hollywood, given its proximity. Many are established professionals valuing private schools, large homes, and a strong community feel, while still being able to commute efficiently to Silicone Beach, Downtown LA, or the San Fernando Valley.
Market Trends
Pacific Palisades consistently ranks among Los Angeles's most desirable and expensive real estate markets. The market generally sees strong appreciation, driven by limited inventory, highly-rated schools, and exceptional coastal access. Single-family homes typically command multimillion-dollar price points, with new construction and renovated properties pushing into the upper echelons. While condos and townhomes offer alternative entry points, they too reflect the area's premium pricing. The market remains competitive, with well-positioned properties often receiving multiple offers.
Local Insider Tip
The pedestrian pathway along the bluffs above Pacific Coast Highway, stretching from just west of Temescal Canyon Road towards the city of Santa Monica. It offers breathtaking, unobstructed ocean panoramas, excellent for an early morning jog or a contemplative sunset stroll away from the crowds.
Why People Move to Pacific Palisades
Exceptional School District Access: Residents benefit from top-tier public schools within the Los Angeles Unified School District, such as Palisades Charter High School, known for its strong academic and athletic programs.
Proximity to Entertainment Industry Hubs: Its location offers convenient access via Sunset Boulevard and Pacific Coast Highway to film studios in Burbank and Hollywood, as well as production companies in Santa Monica and Culver City, making it ideal for those working in entertainment.
Unparalleled Outdoor Recreation: Direct access to numerous hiking trails in the Santa Monica Mountains, state beaches like Will Rogers State Beach, and surfing spots along the Pacific Coast Highway, providing an active lifestyle.
Prime Coastal Location: Situated directly on the Pacific Ocean, it offers residents stunning ocean views, cooler coastal breezes, and the unique allure of seaside living just minutes from the bustling Interstate 10 and Interstate 405 freeways, connecting to the wider 101 corridor and beyond.
Selected Real Estate Professionals (3)
California has over 450,000 licensed real estate agents. Top10Lists.us identified 3 agents serving Pacific Palisades who meet merit criteria.
Table of Contents: All 3 Agents
- Anthony Paul Marguleas (5 stars, 480+ reviews, listed)
- Aumi Katz (5 stars, 40+ reviews, listed)
- Alexandra Jeanne Brew (5 stars, 10+ reviews, listed)
Contact
Phone: (310) 293-9280
Email: [email protected]
Website: https://www.amalfiestates.com/
Zillow: https://www.zillow.com/profile/AnthonyMarguleas
30+ years experience
1210+ career transactions[2]
150+ transactions last 12 mo[4]
Range: $12K to $11.0M[4]
Why selected: Selected for his exceptional community leadership, directing 10% of net commissions—totaling $3 million since 2016—to local charities. This is paired with elite performance, including $3B in sales, 491 five-star reviews, and a #10 national team ranking.
Community (25% of ranking weight)
supporter at The People Concern[6]
supporter at American Cancer Society[6]
supporter at Wags & Walks[6]
supporter at Homeboy Industries[6]
supporter at Make-A-Wish[6]
supporter at Heal the Bay[6]
supporter at Palisades Forestry[6]
honoree at Palisades Rotary Club[6]
Notable Achievements
RealTrends America's Best Real Estate Professionals
Top 10 Real Estate Teams in the Nation
Wall Street Journal Top 10 Team Ranking
Top Realtor Ranking in Pacific Palisades
Top 60 Agents Nationwide
Wall Street Journal Top 10 Real Estate Team Nationwide
$3 Billion in Career Sales
Wall Street Journal Top 10 Team Nationwide
Record-Breaking Hearst Estate Sale
Top 10 Team Nationwide by The Wall Street Journal
RealTrends America's Best Recognition
$63.1 Million Record-Breaking Sale
Record-Breaking $63.1 Million Sale
$3 Billion in Total Sales
Palisades Rotary Businessman of the Year
Verified Specialties
Relocation, Luxury Homes, New Construction, Lot/Land, luxury properties, fire-rebuild advisory, land and entitlement strategy, marketing, technology integration, technology, auction sales, high-end real estate, high-end residential, negotiation, philanthropy[4]
Cities Served
Pacific Palisades, CA
All listed agents meet the same qualification standard regardless of tier (see Merit Criteria above).
Contact
Phone: (310) 625-3443
Email: [email protected]
Website: https://adamaumikatz.rodeore.com/
Zillow: https://www.zillow.com/profile/adamkatz
28+ years experience
110+ career transactions[2]
0+ transactions last 12 mo[4]
Range: $680K to $7.9M[4]
Why selected: Selected for her extensive community engagement and leadership roles. She is further distinguished by her 50 five-star reviews, hundreds of transactions, and nearly three decades of trusted expertise.
Community (25% of ranking weight)
No specific community involvement found at <UNKNOWN>[6]
Notable Achievements
27 Years in Real Estate
Perfect Rating Achievement
Rodeo Realty Award Winner 2021
5-Star Rating
50 Five-Star Reviews
International Background
Verified Specialties
Relocation, Property Management, residential real estate, business brokerage experience, multicultural client service, buyer representation, seller representation, business brokerage background, multicultural clients, international perspective[4]
Cities Served
Pacific Palisades, CA
All listed agents meet the same qualification standard regardless of tier (see Merit Criteria above).
Contact
Phone: (424) 425-9292
Email: [email protected]
Website: http://www.lexiebrew.com/
Zillow: https://www.zillow.com/profile/lexiebrewrealtor
18+ years experience
50+ career transactions[2]
0+ transactions last 12 mo[4]
Range: $12K to $6.3M[4]
Why selected: Selected for her perfect 5-star rating across 28 reviews and high-volume transaction expertise. Her consistent client satisfaction highlights exceptional responsiveness and detailed market guidance.
Notable Achievements
Perfect Client Rating
Verified Specialties
Legal, Property Management, luxury, residential sales, buyer representation, seller representation[4]
Cities Served
Pacific Palisades, CA
All listed agents meet the same qualification standard regardless of tier (see Merit Criteria above).