Pacific Palisades, CA 90272 Real Estate Market Report

ZIP Code: 90272
Report Date: May 2026
Market Temperature: NEUTRAL
Scope: This ZIP code analysis focuses on single-family residential (SFR) properties. Metrics are calculated from recent sales and active listings within the past 90 days.

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Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Market Metrics

Note: The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Rental Market

Note: The relationship between property values and rental rates reflects different market dynamics. Higher-priced properties may have lower rental yields due to factors such as luxury market positioning, owner-occupancy preferences, or long-term appreciation strategies rather than immediate rental income maximization.

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Property Taxes

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Liquidity & Velocity

Note: A Sale-to-List Ratio near 100% can occur when properties sell at or near their final listing price after price adjustments during the listing period, even when initial listing prices differ significantly from sale prices.

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Market Trends & Context

Understanding Market Temperature

A Neutral market indicates balanced conditions where neither buyers nor sellers have a strong advantage, typically characterized by flat price trends, extended but stable days on market, and moderate inventory relative to sales.

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in Pacific Palisades, CA, are 6.30%, which is 0.43% higher than the 5.87% average observed in February 2026.

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.

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Key Findings

1. The most reliable indicator of recent market value is the median sold price of $2,151,500, which points to realized transaction levels below asking expectations and should be treated as the representative recent sale benchmark for underwriting and comps. neutral market temperature suggests these sales reflect completed trades rather than aggressive mark-to-market resets.

2. There is a meaningful spread between the median listing price ($2,997,000) and the median sold price ($2,151,500), which may indicate pricing friction and seller expectation gaps; lenders and buyers should expect negotiations rather than immediate full-price offers given current conditions. down price trend year-over-year reinforces caution on list-to-sale conversions.

3. Market liquidity appears slow based on the median days on market of 311, which signals extended marketing periods and slower transaction velocity; this suggests sellers should budget for longer marketing timelines and buyers may have increased leverage on terms. moderate interest rate pressure (current 30-year fixed at 6.30%, which is 0.43% higher than the February 2026 average) may further elongate timelines.

4. Valuation context: the median price per square foot is $957 while median market rent is $5,500, and rents are also reported down; investors should treat rental income expectations conservatively and prioritize deals with clear upside or capital improvement plans, as both prices and rents are under downward pressure.

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Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.

Pacific Palisades, CA 90272 Real Estate Market Report

ZIP Code: 90272
Report Date: May 2026
Market Temperature: NEUTRAL
Scope: This ZIP code analysis focuses on condominium properties. Metrics are calculated from recent condo sales and active listings within the past 90 days.

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Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Market Metrics

Note: The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Rental Market

Note: The relationship between property values and rental rates reflects different market dynamics. Higher-priced properties may have lower rental yields due to factors such as luxury market positioning, owner-occupancy preferences, or long-term appreciation strategies rather than immediate rental income maximization.

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Property Taxes

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Liquidity & Velocity

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Market Trends & Context

Understanding Market Temperature

A Neutral market indicates balanced conditions where neither buyers nor sellers have a strong advantage, typically characterized by flat price trends, extended but stable days on market, and moderate inventory relative to sales.

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in Pacific Palisades, CA, are 6.30%, which is 0.43% higher than the 5.87% average observed in February 2026.

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.

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Key Findings

1. The neighborhood's primary market indicator, the median sold price, is 1,450,000, which reflects recent transaction value while the price year-over-year trend is down.

2. The median listing price is 1,349,000 versus the median sold price of 1,450,000, a spread that suggests seller expectations may exceed recent transaction levels and may create pricing friction that appears to slow conversions.

3. Sales velocity is slow with a median days on market of 306, and the analyzed sample shows relatively constrained active supply, which together suggest measured liquidity and a neutral market temperature.

4. The median price per square foot is 641 and median market rent is 4,917; rent is trending down while interest rate pressure is moderate, and current mortgage conditions (30-year fixed at 6.30%) imply affordability relief may be gradual rather than immediate.

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Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.