With mortgage rates at their lowest levels in over a year and housing inventory up 18% year-over-year, we’ve entered a rare window of opportunity for buyers across Los Angeles County.
Rates are down — Mortgage rates have dipped below 6.5% and are expected to stay low into 2026. This gives buyers more purchasing power and improves affordability.
Affordability improving: A $1M home now costs about $396 less per month in mortgage payments than it did at a 7% rate.
More homes available — Inventory sits at 14,343 homes, the most for this time of year since 2018, offering buyers the best selection in years.
Motivated sellers — Many homes have been sitting on the market longer, and sellers are increasingly open to negotiation, rate buy-downs, or covering closing costs.
Market time: Homes are taking about 114 days to sell — slower than last year, which means buyers have room to make thoughtful decisions before competition heats up again.
If you are thinking of selling, send us a message to get top dollar for your home.
Sincerely,
- Gordon Inman & Nicole Pletkovich
Rancho Palos Verdes
Median Price: $2.1M
Market Time: 118 days
A sweet spot in the market — strong demand for ocean-view properties and mid-luxury homes under $2.5M.
Inventory has grown modestly, offering buyers more options along the coast.
RPV remains one of the most resilient submarkets on the Hill, balancing value, lifestyle, and proximity to top-rated schools.
Palos Verdes Estates
Median Price: $3.6M
Average Market Time: 135 days
Strong luxury demand, homes moving with better negotiation margins.
Rolling Hills
Median Price: $4.9M
Average Market Time: 142 days
Private, gated luxury community where inventory remains tight, but buyers are gaining leverage thanks to fewer competing offers.
San Pedro
Median Price: $899K
Average Market Time: 70 days
Fast-moving and high-demand pocket for entry-level coastal buyers
(Homes $2M+) are down slightly, but demand is rising
3% month-over-month.
$2–3M Homes: Market time dropped to 149 days (faster movement than last year).
$8M+ Estates: Market time extended to 593 days — perfect window for luxury Buyers to negotiate.
“At the high end, patience is power. Sellers are listening to serious offers.”
RECENTLY SOLD
28901 S. Western Ave #107, Rancho Palos Verdes, CA 90275, USA
