RPV Real Estate Market Update – June 2025

The numbers are in for June, and the Rancho Palos Verdes (RPV) market continues to showcase its unique blend of luxury, lifestyle, and long game potential. While activity cooled a bit in terms of volume, prices remain strong—and in some cases, record-breaking.

🏡 Sales Overview

In June, 29 homes sold across Rancho Palos Verdes, with an average sales price of $1.78M—up 6.26% from May and 5.5% year-over-year. Sellers, on average, received 96.2% of their asking price, which signals a more balanced (but still competitive) environment.

The average list price came in at $1.87M, and homes spent a median 72 days on market—a significant jump from last month, likely due to longer timeframes on higher-end listings.

💰 Price Per Square Foot

Price per square foot rose again to $747.88, a 12.28% increase year-over-year, and up over 5% since May. Buyers are paying a premium for location, space, and views—but they’re also taking their time.

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🗺️ Neighborhood Highlights

• PV Drive South saw one of the highest sales on record at $6.55M, with a median of $1.3M—but homes took an average of 261 days to sell.
• La Cresta and Country Club also saw high-value activity with median prices close to or above $2.8M.
• Crest and Silver Spur had faster turnaround, with homes selling in under 20 days on average—possibly due to more accessible price points or move-in ready appeal.

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🏠 Rental Market Trends

Rental pricing across RPV continues to fluctuate depending on size and location:

• 1-bed homes saw a big month-over-month drop (-$975), now sitting at a median $1,600, but took nearly 100 days to rent.
• 3- and 4-bedroom homes remain in demand, with median rents of $5,350 and $7,298 respectively.
• Notably, 2-bed rentals jumped to $7,000 in some cases—likely a luxury property or short-term furnished listing skewing the data.

There are more 4+ bedroom rentals available (21) than any other size—good news for larger households or renters looking to test-drive RPV living.

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🎯 Final Thoughts

The Rancho Palos Verdes market remains price strong but patience-driven. If you’re thinking of listing, prep and presentation still matter—especially in the luxury segment where DOM can stretch. For buyers, the rise in inventory and longer market times may offer new opportunities to negotiate. And for investors or landlords—rent values are holding steady, especially in the 3–4 bedroom range.

📲 Curious how your property compares or what opportunities are out there? Let’s chat!