Palos Verdes Real Estate Market Update: October 2026

Palos Verdes Real Estate Market Update: October 2026 Roughly half of Palos Verdes homes listed over $3 million didn't sell. This Palos Verdes real estate market update for October 2026 shows what the other half did right so they did sell. Mortgage rates climbed fast after February. Cash buyers kept going. Everyone using a loan felt it. Over the last 12 months PV had 680 closings, total dollar volume rose about 13%, and the median price stayed roughly flat. Houses held up. Condos and townhomes slipped. I break down the Palos Verdes real estate market by price range and by city. Under $3 million, about three out of four houses sold on the first listing. Above $5 million, sales more than doubled from the previous year, but homes took longer and buyers negotiated harder. The $3 million to $5 million range took the biggest hit. What I cover: Where homes are selling and where they're stuck Rancho Palos Verdes, Palos Verdes Estates, Rolling Hills Estates, Rolling Hills and unincorporated PV. Why 40% of active listings have taken a price cut. Why condos are the soft spot right now. Off market sales, including a house that jumped $250,000 in two days. The best months, and the best day, to list. Prep before you list: insurance quote, condo documents, condition. The Portuguese Bend landslide and the 2027 forecast. My take for sellers: the price you launch at is the price the market tests. Price it to win the first 30 days. New South Bay market update every month, subscribe so you catch it. If you want to know what your place is worth right now, book a free consultation at https://calendar.app.google/5kSY2oznc... or text me at 310-400-0536. Watch Next: The REAL Pros and Cons of Living in Palos Verdes:    • The REAL Pros and Cons of Living in Palos ...   Moving to Palos Verdes: A Guide to the Cities That Make Up Palos Verdes in South Bay Los Angeles:    • Moving to Palos Verdes: A Guide to the Cit...   Palos Verdes Landslide-What is the City Planning?:    • Palos Verdes Landslide-What is the City Pl...   Palos Verdes Homes For Sale | Large, Updated Pool Home with Big Views:    • Palos Verdes Homes For Sale | Large, Updat...   Subscribe:    / @larsonrealtygroup   About this channel: I help buyers and sellers make clear decisions across the South Bay and Palos Verdes. Real tours, straight talk, and local market context so you know what actually matters before you write an offer or list. Ben Larson | Larson Realty Group | DRE #01746853 Call/Text: 310-400-0536 Email: Ben@LarsonRealty.Group Website: https://larsonrealty.group Search homes: https://larsonrealty.group Home evaluation: https://larsonrealty.group/evaluation Instagram:   / larsonrealty.group   Facebook:   / benlarson.realtor   #PalosVerdes #PalosVerdesRealEstate #MarketUpdate #SouthBayRealEstate