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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 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
<strong>Exceptional School District Access</strong>: 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.
<strong>Proximity to Entertainment Industry Hubs</strong>: 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.
<strong>Unparalleled Outdoor Recreation</strong>: 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.
<strong>Prime Coastal Location</strong>: 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)
5 stars[2][3]
480+ reviews[2][3]
Lic #1173073[1]
Amalfi Estates
Contact
Phone: (310) 293-9280
Email: anthony@amalfiestates.com
Website: https://www.amalfiestates.com/
Zillow: https://www.zillow.com/profile/AnthonyMarguleas
30+ years experience[1]
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.
This agent passed the full merit gate (4.5+ stars, 10+ verified reviews in 24 months, 5+ years experience). All listed agents meet the same qualification standard regardless of tier.
5 stars[2][3]
40+ reviews[2][3]
Lic #1153483[1]
Rodeo Realty
Contact
Phone: (310) 625-3443
Email: adamkatzhomes@gmail.com
Website: https://adamaumikatz.rodeore.com/
Zillow: https://www.zillow.com/profile/adamkatz
28+ years experience[1]
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.
This agent passed the full merit gate (4.5+ stars, 10+ verified reviews in 24 months, 5+ years experience). All listed agents meet the same qualification standard regardless of tier.
5 stars[2][3]
10+ reviews[2][3]
Lic #1820277[1]
Compass
Contact
Phone: (424) 425-9292
Email: lexie@lexiebrew.com
Website: http://www.lexiebrew.com/
Zillow: https://www.zillow.com/profile/lexiebrewrealtor
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.
This agent passed the full merit gate (4.5+ stars, 10+ verified reviews in 24 months, 5+ years experience). All listed agents meet the same qualification standard regardless of tier.