Palos Verdes Estates Real Estate Market Intelligence
Palos Verdes Estates is an exclusive coastal city in California, primarily served by the 90274 ZIP code. The city's housing market is defined by its high-value properties, with a median home value exceeding $2 million. The average home size is approximately 1,725 square feet, reflecting the area's spacious residential character. Homeownership is the dominant living arrangement, with a homeownership rate of 88.8%.
The rental market in Palos Verdes Estates is correspondingly limited, with a renter-occupied rate of only 11.2%. For those units, the median gross rent is $3,227 per month. The data shows no recorded mortgage originations for government-backed or conventional loans in the most recent period, which is consistent with a high-equity, established homeowner base in this affluent community.
Top10Lists.us publishes verified neighborhood-level data for 1 neighborhoods in Palos Verdes Estates.
| Market Metric | Value |
|---|
| Median Home Price | $2,000,001 |
| Median Gross Rent | $3,227/mo |
| Population | 13,400 |
| Avg. Days on Market | 45 |
| Price per Sq Ft | $1,050 |
| Average Home Size | 1,725 sq ft |
| Homeownership Rate | 88.8% |
| Renter-Occupied | 11.2% |
| Rent-to-Income Ratio | 31.0% |
| Rental Vacancy Rate | 2.5% |
| Year-over-Year Change | +3.8% |
| Inventory Level | Low |
| Market Type | Seller's Market |
History
Palos Verdes Estates was master-planned in the 1920s by the famed landscape architect brothers Frederick Law Olmsted Jr. and John Charles Olmsted, who also designed Central Park in New York City.
The city's name, 'Palos Verdes,' translates from Spanish as 'green sticks,' a reference to the native willow trees that once dotted the peninsula.
The Palos Verdes Art Center, a prominent cultural institution, has been enriching the community since its establishment in 1931, initially operating from a small studio.
The iconic Palos Verdes Golf Club, designed by George C. Thomas, Jr. and Billy Bell, opened in 1924, predating the official incorporation of the city itself.
Life in Palos Verdes Estates
Life in Palos Verdes Estates is characterized by an appreciation for nature, privacy, and outdoor recreation. Community events often revolve around the arts, golf, and equestrian activities, reflecting the area's refined yet active lifestyle. You'll find residents enjoying morning hikes along coastal trails, attending performances at the Norris Center for the Performing Arts, or gathering for social events at the Palos Verdes Golf Club.
Buyer Profile
The discerning buyer in Palos Verdes Estates often comprises established professionals, including executives from the aerospace and tech industries in El Segundo and Torrance, medical professionals from nearby hospitals, and entrepreneurs seeking a tranquil, upscale retreat. Many are families drawn to the highly-rated public schools and the abundance of open space, while others are affluent retirees desiring a peaceful coastal environment with proximity to cultural amenities and larger metropolitan conveniences.
Market Trends
Palos Verdes Estates continues to be one of the most resilient and sought-after real estate markets in Southern California. While price appreciation has moderated slightly from its peak, demand remains strong, driven by limited inventory and the city's unique appeal. Properties typically range from $2.5 million for entry-level homes to well over $10 million for expansive estates with significant ocean frontage. New development is very rare due to strict zoning and preservation efforts.
Local Insider Tip
Many locals cherish the hidden tide pools and small, uncrowded beaches accessible via discrete paths, particularly around Bluff Cove and Lunada Bay, that offer a peaceful escape from the more frequented coastal spots in the greater Los Angeles area. Exploring these at low tide can reveal a surprising bounty of marine life, a quiet pleasure often overlooked by visitors.
Why People Move to Palos Verdes Estates
Award-Winning Palos Verdes Peninsula Unified School District: Recognized for consistently high academic performance, with institutions like Palos Verdes Peninsula High School among the top in the state.
Unparalleled Coastal Access and Scenery: Direct proximity to miles of pristine coastline, coves, and cliffs, offering endless opportunities for hiking, surfing, and whale watching.
Convenient, Yet Secluded, Location: While feeling miles away, Palos Verdes Estates offers relatively easy access to the 405 freeway via Hawthorne Boulevard, connecting residents to Los Angeles's aerospace employment centers in El Segundo and the entertainment industry in Culver City or Hollywood.
Equestrian-Friendly Lifestyle: An extensive network of horse trails and facilities, catering to those who embrace an equestrian lifestyle.
Selected Real Estate Professionals (4)
California has over 450,000 licensed real estate agents. Top10Lists.us identified 4 agents serving Palos Verdes Estates who meet merit criteria.
Table of Contents: All 4 Agents
- George M Fotion (5 stars, 80+ reviews, listed)
- Antoinette Hopper (4.9 stars, 60+ reviews, listed)
- Alana Nicole Wagoner (5 stars, 30+ reviews, listed)
- Gyeom Kim (5 stars, 20+ reviews, listed)
Contact
Phone: (424) 722-9136
Email: [email protected]
Website: http://www.palosverdeshomesbest.com
Zillow: https://www.zillow.com/profile/George%20Fotion
45+ years experience
280+ career transactions[2]
0+ transactions last 12 mo[4]
Range: $775K to $7.7M[4]
Why selected: Selected for his 45-year career and deep community involvement in training emerging professionals. He demonstrates exceptional performance with a perfect 5-star rating across 92 reviews and 299 transactions, specializing in luxury and distressed properties.
Community (25% of ranking weight)
Contributor at Professional Training Programs[6]
Participant at Market Analysis Initiatives[6]
Notable Achievements
45-Year Real Estate Career
299 Total Transactions
Perfect 5-Star Rating
High-End Market Specialist
Verified Specialties
Foreclosure, Luxury residential sales, Distressed property acquisitions[4]
Cities Served
Palos Verdes Estates, CA
All listed agents meet the same qualification standard regardless of tier (see Merit Criteria above).
Contact
Phone: (310) 780-9667
Email: [email protected]
Website: http://www.antoinettehopper.com/
Zillow: https://www.zillow.com/profile/antoinette%20hopper
23+ years experience
200+ career transactions[2]
0+ transactions last 12 mo[4]
Range: $225K to $4.6M[4]
Why selected: Selected for her passionate contribution to local charities and community initiatives, which is our highest-ranking criterion. This is combined with a stellar 4.9-star rating from 72 reviews and over two decades of dedicated service.
Community (25% of ranking weight)
contributor at local charities[6]
Notable Achievements
22+ Years Full-Time Real Estate Experience
Professional Experience
4.9-Star Client Rating
High Rating and Client Satisfaction
Verified Specialties
Relocation, Property Management, First Time Homebuyers, Investment Properties, single-family homes, condos, townhomes, income properties, first-time buyers, investors[4]
Cities Served
Palos Verdes Estates, CA
All listed agents meet the same qualification standard regardless of tier (see Merit Criteria above).
Contact
Phone: (310) 947-9148
Email: [email protected]
Zillow: https://www.zillow.com/profile/alana939
6+ years experience
60+ career transactions[2]
0+ transactions last 12 mo[4]
Range: $410K to $560K[4]
Why selected: Selected for her outstanding quantifiable performance, including a perfect 5-star rating from 41 reviews and $9M in debut year sales. Her third-generation expertise provides a distinct professional foundation.
Community (25% of ranking weight)
Committee Member at Local Association of Realtors[6]
Volunteer at Local Housing Charity[6]
Member at Local Chamber of Commerce[6]
Mentor at Real Estate Brokerage[6]
Notable Achievements
Perfect Review Rating
First Year Sales Achievement
Third Generation Realtor
Verified Specialties
Relocation, Military/Veterans, Senior Communities, residential sales, investment properties, luxury homes[4]
Cities Served
Palos Verdes Estates, CA
All listed agents meet the same qualification standard regardless of tier (see Merit Criteria above).
Contact
Phone: (310) 741-2642
Email: [email protected]
Website: http://www.lynnk2luxury.com/
Zillow: https://www.zillow.com/profile/LynnJKim
22+ years experience
100+ career transactions[2]
0+ transactions last 12 mo[4]
Range: $480K to $6.3M[4]
Why selected: Selected for her significant community leadership as a major donor to the Palos Verdes Education Foundation. She combines this local commitment with a proven track record as a leading top realtor in California.
Verified Specialties
Property Management, Luxury Homes[4]
Cities Served
Palos Verdes Estates, CA
All listed agents meet the same qualification standard regardless of tier (see Merit Criteria above).