Rancho Palos Verdes Real Estate Market Update — August 2026

The Rancho Palos Verdes real estate market in August 2026 showed mixed conditions compared with July 2026. Single-family activity recorded 23 closed sales, with median pricing higher month over month and sales volume lower; Condo/townhouse activity recorded 3 closed sales, with median pricing higher month over month and sales volume lower.

Month-over-Month & Year-over-Year

Property Type Median Sale MoM YoY Median DOM MoM DOM Sales MoM Sales YoY Sales
Single-Family $1,929,000 5.7% 5.7% 27 days 42.1% 23 30.3% 20.7%
Condo / Townhouse $800,000 8.1% 17.1% 68 days 300.0% 3 57.1% 50.0%

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Single Family Residence Market Overview

For August 2026, the Rancho Palos Verdes real estate market recorded 23 closed sales for Single-Family Homes during the month, down 30.3% from the prior month and down 20.7% year over year. The median sale price was $1.93M, up 5.7% month over month and up 5.7% year over year. Median days on market was 27 days, 8 days longer than the previous month. Active inventory represented approximately 3.4 months of supply based on the trailing three-month sales pace, placing the segment in a Slight Seller Advantage. See below for a breakdown of what is happening in the market.

Single-Family Market Snapshot

MetricSingle-Family
Closed Sales 23
Median List Price $1,875,000
Median Sale Price $1,929,000
Median Living Area 1,956 sq ft
Median $ / Sq Ft $865
Median DOM 27 days
Median List → Sale 97.9%
Highest Sale $8,150,000
Lowest Sale $1,200,000

Inventory & Market Balance

Inventory snapshot as of August 31, 2026

Active Under Contract New Listings 3-Mo Sales Pace Months Supply Market Balance
92 37 36 27.3 3.4 Slight Seller Advantage

Inventory is frozen to the selected report month’s month-end snapshot. “Under Contract” is a reconstructed historical bucket that may include listings later shown in live CRMLS as Active Under Contract (AUC) or Pending. Months of supply = Active inventory ÷ trailing 3-month average monthly closed sales.

Median Sale Price — 12 Month Trend

3-Month Trend
$1.88M
$1.93M
$1.72M
$2.03M
$1.81M
$2.36M
$1.73M
$1.86M
$1.93M
$1.93M
$1.83M
$1.93M
Sep’25
Oct’25
Nov’25
Dec’25
Jan’26
Feb’26
Mar’26
Apr’26
May’26
Jun’26
Jul’26
Aug’26

Active Inventory — 12 Month Trend

3-Month Trend
51
45
39
28
30
30
35
48
64
89
97
92
Sep’25
Oct’25
Nov’25
Dec’25
Jan’26
Feb’26
Mar’26
Apr’26
May’26
Jun’26
Jul’26
Aug’26

Months of Supply — 12 Month Trend

3-Month Trend
1.6
1.4
1.3
1.2
1.6
1.7
1.9
2.3
2.6
3.5
3.4
3.4
Sep’25
Oct’25
Nov’25
Dec’25
Jan’26
Feb’26
Mar’26
Apr’26
May’26
Jun’26
Jul’26
Aug’26

Median Days on Market — 12 Month Trend

3-Month Trend
37
18
61
28
65
42
12
18
9
14
19
27
Sep’25
Oct’25
Nov’25
Dec’25
Jan’26
Feb’26
Mar’26
Apr’26
May’26
Jun’26
Jul’26
Aug’26

Condo/Townhouse Market Overview

Note: Condo / Townhouse figures are based on only 3 closed sales this month, so percentage changes should be interpreted cautiously.

Condo / Townhouse recorded 3 closed sales during the month, down 57.1% from the prior month and down 50.0% year over year. The median sale price was $800K, up 8.1% month over month and down 17.1% year over year. Median days on market was 68 days, 51 days longer than the previous month. Active inventory represented approximately 3.5 months of supply based on the trailing three-month sales pace, placing the segment in a Slight Seller Advantage.

Condo/Townhouse Market Snapshot

MetricCondo / Townhouse
Closed Sales 3
Median List Price $775,000
Median Sale Price $800,000
Median Living Area 1,436 sq ft
Median $ / Sq Ft $626
Median DOM 68 days
Median List → Sale 99.3%
Highest Sale $1,500,000
Lowest Sale $670,000

Inventory & Market Balance

Inventory snapshot as of August 31, 2026

Active Under Contract New Listings 3-Mo Sales Pace Months Supply Market Balance
20 6 9 5.7 3.5 Slight Seller Advantage

Inventory is frozen to the selected report month’s month-end snapshot. “Under Contract” is a reconstructed historical bucket that may include listings later shown in live CRMLS as Active Under Contract (AUC) or Pending. Months of supply = Active inventory ÷ trailing 3-month average monthly closed sales.

Median Sale Price — 12 Month Trend

3-Month Trend
$780K
$759K
$925K
$763K
$592K
$955K
$675K
$1.06M
$866K
$783K
$740K
$800K
Sep’25
Oct’25
Nov’25
Dec’25
Jan’26
Feb’26
Mar’26
Apr’26
May’26
Jun’26
Jul’26
Aug’26

Active Inventory — 12 Month Trend

3-Month Trend
16
19
17
16
12
13
11
15
16
16
17
20
Sep’25
Oct’25
Nov’25
Dec’25
Jan’26
Feb’26
Mar’26
Apr’26
May’26
Jun’26
Jul’26
Aug’26

Months of Supply — 12 Month Trend

3-Month Trend
2.7
3.2
3.0
3.2
2.1
2.1
1.5
1.9
1.9
1.9
2.3
3.5
Sep’25
Oct’25
Nov’25
Dec’25
Jan’26
Feb’26
Mar’26
Apr’26
May’26
Jun’26
Jul’26
Aug’26

Median Days on Market — 12 Month Trend

3-Month Trend
28
25
19
49
88
75
30
31
23
12
17
68
Sep’25
Oct’25
Nov’25
Dec’25
Jan’26
Feb’26
Mar’26
Apr’26
May’26
Jun’26
Jul’26
Aug’26

Bottom Line

Single Family Residence

Single-Family: 23 closed sales, median sale price was higher month over month, sales volume was lower than the prior month, month-end active inventory was 92, months of supply was 3.4, the segment classified as Slight Seller Advantage.

Condo/Townhouse

Condo / Townhouse: 3 closed sales, median sale price was higher month over month, sales volume was lower than the prior month, month-end active inventory was 20, months of supply was 3.5, the segment classified as Slight Seller Advantage.

Source: CRMLS via Trestle WebAPI. Inventory and market-balance figures are tied to the selected report month’s month-end snapshot and reconstructed from listing lifecycle dates. MLS data is subject to revision.

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Rancho Palos Verdes Realtor Broker Associate Karen Anderson, along with her Real Estate Team, The Prestige Team, has been selling residential real estate in the South Bay, including Rancho Palos Verdes, San Pedro, and far beyond LA County, for over 27 years and is ranked in the top 1% of realtors in Rancho Palos Verdes.  We specialize in transforming homes into impeccably presented real estate listings that command top dollar in the shortest amount of time!  

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