The Palos Verde Area housing market is most competitive. The median sale price of a home in Palos Verde Area was $1.3M last month, up 12.5% since last year.
What is the housing market like in Palos Verde Area today?
In March 2024, Palos Verde Area home prices were up 12.5% compared to last year, selling for a median price of $1.3M.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$1,272,500
+12.5% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Palos Verde Area, CA
$1,272,500
+12.5%
United States
To compare other locations to the Palos Verde Area and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Walnut Creek add value to a home.
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How hot is the Palos Verde Area housing market?
Palos Verde Area is most competitive. Homes sell in 8 days.
0
100
93
Most Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 12 months
Most homes get multiple offers, often with waived contingencies.
The average homes sell for about 13% above list price and go pending in around 8 days.
Hot homes
can sell for about 21% above list price and go pending in around 7 days.
All Home Types
Sale-to-List PriceAll Home Types
Sale-to-List Price
(All Home Types)
105.4%
+11.1 pt YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Palos Verde Area, CA
105.4%
+11.1 pt
United States
Home offer insights for Palos Verde Area
Explore recent offers and recently sold homes in Palos Verde Area
Recent offers
View houses in Palos Verde Area that sold recently
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Palos Verde Area housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Palos Verde Area.
Risk Factor
Flood Factor - Severe
15% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Palos Verde Area has a severe risk of flooding. 54 properties in Palos Verde Area are likely to be
severely affected
by flooding over the next 30 years. This represents 15% of all properties in Palos Verde Area. Flood risk is increasing slower than the national average.
97% of properties are at risk of wildfire over the next 30 years
Fire Factor
Palos Verde Area has a major risk of wildfire. There are 564 properties in Palos Verde Area that have some risk of being affected by wildfire over the next 30 years. This represents 97% of all properties in Palos Verde Area.
Palos Verde Area has minimal risk of severe winds over the next 30 years
Wind Factor
Palos Verde Area has a Minimal Wind Factor®, which means there is a very low likelihood that hurricane, tornado or severe storm winds will impact this area.
100% of properties are at moderate
risk of heat over the next 30 years
Heat Factor
Palos Verde Area has a moderate risk from heat. This is due to
"feels like" temperatures
increasing, and because 100% of homes in Palos Verde Area have a Moderate Heat Factor®.
Palos Verde Area is expected to see a 100% increase in the number of days over 96ºF over the next 30 years. Palos Verde Area is expected to experience 6