Pacific Palisades, CA 90272 Real Estate Market Report

ZIP Code: 90272
Report Date: April 2026
Market Temperature: COLD
Scope: Single-Family Residential (SFR) listings and comps only

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Executive Overview

The Pacific Palisades real estate market in April 2026 is characterized by a median sold price of $2,195,000, reflecting a significant adjustment in market value. This price point indicates a shift in buyer sentiment and transaction activity, as the market has experienced a down trend in pricing. The overall market appears to be cooling, with a cold market temperature and elevated interest rate pressure, which may indicate challenges for both buyers and sellers in achieving favorable transaction terms.

Transaction velocity is notably slower, with properties remaining on the market for a median of 278 days. This extended duration suggests a mismatch between seller expectations and current market realities, further compounded by elevated inventory levels relative to sales activity. The median listing price stands at $2,999,000, which creates a considerable gap between asking and sold prices, highlighting potential pricing friction that may deter prospective buyers.

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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 Cold market indicates weak buyer demand relative to available inventory, typically characterized by declining or flat prices, extended days on market, and elevated inventory levels relative to sales.

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Key Findings

1. The median sold price of $2,195,000 reflects a significant adjustment in buyer expectations amidst a down market trend.

2. Properties are taking a median of 278 days on the market, indicating slower sales velocity and potential pricing challenges.

3. The median listing price of $2,999,000 suggests a substantial gap from sold prices, which may create pricing friction for sellers.

4. The rental market is also experiencing a down trend, with a median market rent of $4,750, reflecting broader economic pressures.

5. Overall market conditions are characterized as cold, with elevated interest rate pressure impacting buyer sentiment.

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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.