Pacific Palisades Homes & Real Estate
Find the newest homes for sale and the best real estate listings in Pacific Palisades for viewing. Pacific Palisades is a modern neighborhood near Los Angeles, California. This coastal community is home to about 27,000 people, making it a smaller community with much to offer a home buyer. Mostly residential, Pacific Palisades is known for its mixture of new homes and condominiums as well as older properties and private, expansive estates. Home buyers will find a competitive real estate market here. For additional information regarding properties available in Pacific Palisades, California or to schedule a private showing, contact your local real estate experts today. Read more about Pacific Palisades real estate.
Homes For Sale in Pacific Palisades, CA
Pacific Palisades Real Estate Market
The real estate market in Pacific Palisades has some of the highest home prices in the state. A year-over-year drop of about six percent is evident. Currently, the median sales price for a home here is over $2.6 million. The average price per square foot is nearly $1,200. In terms of overall homes for sale, the area has a moderate inventory. Additionally, the area may have some homes in foreclosure or in pre-foreclosure. However, the area has seen significant improvement here.
For those who do not wish to buy a home here, renting may be an option. However, the average rental per month is over $9,000. This may make buying a home in this area the ideal opportunity. Individuals who are hoping to invest in a home for sale here to use as a rental may find the area has moderate to high demand from renters who wish to be near the coast. The area is rather landlocked. New home construction is possible in some areas. Home builders such as Hiawatha Homes and Pacific Enterprises may be available nearby.
Pacific Palisades Real Estate Agents
If you're buying or selling a home in Pacific Palisades, let our team of Los Angeles area real estate professionals guide you through buying or selling your Pacific Palisades property today. As local real estate agents, we have exclusive insider knowledge of Pacific Palisades market dynamics. Let us help you today!
To learn more about agent representation while buying or selling your Pacific Palisades home, contact The DOMO Group. Check out our comparative market analysis page to receive a free home value analysis in Pacific Palisades.