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Week ending Nov 25
Week ending Nov 25
w-o-w
Pacific Palisades Real Estate Overview
Today, December 4, 2009
Market View for Pacific Palisades
Avg. Listing Price
$3,074,585
Wk ending Nov 25
+$69,227
+2.3%
w-o-w
+2.3%
w-o-w
Median Sales Price
$1,112,500
Aug '09 - Oct '09
-$587,500
-34.6%
y-o-y
-34.6%
y-o-y
Pacific Palisades Summary
Average price per square foot for Pacific Palisades CA was $622, a decrease of 29.6% compared to the same period last year. The median sales price for homes in Pacific Palisades CA for Aug 09 to Oct 09 was $1,112,500 based on 70 home sales. Compared to the same period one year ago, the median home sales price decreased 34.6%, or $587,500, and the number of home sales increased 37.3%.
There are currently 235 resale and new homes in Pacific Palisades on Trulia, including 11 open houses, as well as 48 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. The average listing price for homes for sale in Pacific Palisades CA was $3,074,585 for the week ending Nov 25, which represents an increase of 2.3%, or $69,227, compared to the prior week.
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