OCTOBER 2023 LEE KNICKERBOCKER Lifelong Palos Verdes/South Bay Resident Born and raised in Ridgecrest neighborhood 310.920.7399 Leeknickrealestate@gmail.com LeeKnickerbocker.com DRE# 00957301
MARKET INTELLIGENCE REPORT PALOS VERDES ...BROUGHT TO YOU BY RE/MAX ESTATE $4 BILLION 2022 DOLLAR VOLUME 500+ REAL ESTATE AGENTS #1 SOUTH BAY HELPING 3,800+ FAMILIES YEARLY 12 OFFICES WE ARE THE COAST DRE # 01879720 WE ARE THE COAST | RE/MAX ESTATE PROPERTIES | MALAGA COVE OFFICE 310.378.9494 | MARKETING@EPLAHOMES.COM PROPERTIES DRE# 00957301 310.920.7399 | Leeknickrealestate@gmail.com | LeeKnickerbocker.com
D sc a mer If you home s cur ent y l s ed by another broker his s not intended as a sol c ta ion A l nforma ion provided s deemed re ab e bu s not guaran eed and should be independent y verified This data is based n whole or n pa on data supp ed by the Mu t ple L s ing Serv ce Ne ther RE/MAX Estate Propert es the Board nor i s MLS guarantee or s in any way espons b e o ts accuracy Data ma nta ned by the Boa d or ts MLS may not reflect al rea esta e act v t es in the marke P ease no e hat due to changes n how nven ory s counted there w l be a h ghe than normal d fference between 2023 data and 2022 data as re ated to inventory MLS Search parameters used Status Act ve Act ve Under Cont act C osed (set da es to whole mon h o pe iod pu l ng data for) P operty Sub Type S ng e Fam ly Residence Condom n um Townhouse Loft S udio Dup ex Ouadrup ex Tr plex C ty Harbor C ty Pa os Ve des Estates Rancho Pa os Verdes Ro l ng H l s San Pedro W m ngton Areas: 165, 172, 174, 175, 176 Data Pu l Date 10/1/2023 $600,000 $640,000 $555,000 $540,000 $691,250 $730,500 $646,000 $725,000 $749,888 $730,000 $565,000 $752,000 $780,000 9/22 10/22 11/22 12/22 1/23 2/23 3/23 4/23 5/23 6/23 7/23 8/23 9/23 MEDI AN SALES
TREND 17 APSHOT 6 7 8 5 8 8 9 14 9 13 11 15 7 28 23 21 23 29 26 28 33 27 39 39 39 29 9/22 10/22 11/22 12/22 1/23 2/23 3/23 4/23 5/23 6/23 7/23 8/23 9/23 Total Inventory Total Sold TOTAL INVENTORY/SOLD - 13 MONTH TREND OCTOBER 2023 59 118.52% ARKET $445.07 -15.87% MEDIAN PRICE PER SQFT 24.14% 14.94% SALES RATIO $780,000 30% MEDIAN SALES PRICE 29 3.57% TOTAL INVENTORY 7 16.67% TOTAL SOLD
PRICE - 13 MONTH
MEDI
SALES PRICE - 13 MONTH TREND
D sc a mer If you home s cur ent y l s ed by another broker his s not intended as a sol c ta ion A l nforma ion provided s deemed re ab e bu s not guaran eed and should be independent y verified This data is based n whole or n pa on data supp ed by the Mu t ple L s ing Serv ce Ne ther RE/MAX Estate Propert es the Board nor i s MLS guarantee or s in any way espons b e o ts accuracy Data ma nta ned by the Boa d or ts MLS may not reflect al rea esta e act v t es in the marke P ease no e hat due to changes n how nven ory s counted there w l be a h ghe than normal d fference between 2023 data and 2022 data as re ated to inventory MLS Search parameters used Status Act ve Act ve Under Cont act C osed (set da es to whole mon h o pe iod pu l ng data for) P operty Sub Type S ng e Fam ly Residence Condom n um Townhouse Loft S udio Dup ex Ouadrup ex Tr plex C ty Harbor C ty Pa os Ve des Estates Rancho Pa os Verdes Ro l ng H l s San Pedro W m ngton Areas: 165, 172, 174, 175, 176 Data Pu l Date 10/1/2023 $2,230,000 $3,510,000 $2,200,000 $2,367,500 $3,900,000 $3,600,000 $2,556,000 $2,405,000 $2,840,000 $2,550,000$2,440,000$2,649,000 $2,100,000 9/22 10/22 11/22 12/22 1/23 2/23 3/23 4/23 5/23 6/23 7/23 8/23 9/23
45 APSHOT 16 10 11 8 5 5 15 9 11 23 12 11 14 47 34 27 20 23 27 35 38 54 64 63 58 66 9/22 10/22 11/22 12/22 1/23 2/23 3/23 4/23 5/23 6/23 7/23 8/23 9/23 Total Inventory Total Sold TOTAL INVENTORY/SOLD -
MONTH TREND OCTOBER 2023 12.5 13.64% ARKET $930.24 -10.73% MEDIAN PRICE PER SQFT 21.21% -55.81% SALES RATIO $2,100,000 -5.83% MEDIAN SALES PRICE 66 40.43% TOTAL INVENTORY 14 -12.5% TOTAL SOLD
AN
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PRICE - 13 MONTH TREND
D sc a mer If you home s cur ent y l s ed by another broker his s not intended as a sol c ta ion A l nforma ion provided s deemed re ab e bu s not guaran eed and should be independent y verified This data is based n whole or n pa on data supp ed by the Mu t ple L s ing Serv ce Ne ther RE/MAX Estate Propert es the Board nor i s MLS guarantee or s in any way espons b e o ts accuracy Data ma nta ned by the Boa d or ts MLS may not reflect al rea esta e act v t es in the marke P ease no e hat due to changes n how nven ory s counted there w l be a h ghe than normal d fference between 2023 data and 2022 data as re ated to inventory MLS Search parameters used Status Act ve Act ve Under Cont act C osed (set da es to whole mon h o pe iod pu l ng data for) P operty Sub Type S ng e Fam ly Residence Condom n um Townhouse Loft S udio Dup ex Ouadrup ex Tr plex C ty Harbor C ty Pa os Ve des Estates Rancho Pa os Verdes Ro l ng H l s San Pedro W m ngton Areas: 165, 172, 174, 175, 176 Data Pu l Date 10/1/2023 $1,650,000$1,670,000$1,700,000 $1,584,625$1,595,000 $1,485,000 $1,550,000 $1,797,500 $1,965,000 $1,815,000 $1,650,000 $1,450,000 $1,780,000 9/22 10/22 11/22 12/22 1/23 2/23 3/23 4/23 5/23 6/23 7/23 8/23 9/23
AN SALES
67 APSHOT 31 36 21 26 20 26 33 22 39 37 29 25 24 103 95 79 76 77 78 83 81 92 90 87 95 102 9/22 10/22 11/22 12/22 1/23 2/23 3/23 4/23 5/23 6/23 7/23 8/23 9/23 Total Inventory Total Sold TOTAL INVENTORY/SOLD - 13 MONTH TREND OCTOBER 2023 10.5 -25% ARKET $808.63 1.46% MEDIAN PRICE PER SQFT 23.53% -36.41% SALES RATIO $1,780,000 7.88% MEDIAN SALES PRICE 102 -0.97% TOTAL INVENTORY 24 -22.58% TOTAL SOLD
MEDI
D sc a mer If you home s cur ent y l s ed by another broker his s not intended as a sol c ta ion A l nforma ion provided s deemed re ab e bu s not guaran eed and should be independent y verified This data is based n whole or n pa on data supp ed by the Mu t ple L s ing Serv ce Ne ther RE/MAX Estate Propert es the Board nor i s MLS guarantee or s in any way espons b e o ts accuracy Data ma nta ned by the Boa d or ts MLS may not reflect al rea esta e act v t es in the marke P ease no e hat due to changes n how nven ory s counted there w l be a h ghe than normal d fference between 2023 data and 2022 data as re ated to inventory MLS Search parameters used Status Act ve Act ve Under Cont act C osed (set da es to whole mon h o pe iod pu l ng data for) P operty Sub Type S ng e Fam ly Residence Condom n um Townhouse Loft S udio Dup ex Ouadrup ex Tr plex C ty Harbor C ty Pa os Ve des Estates Rancho Pa os Verdes Ro l ng H l s San Pedro W m ngton Areas: 165, 172, 174, 175, 176 Data Pu l Date 10/1/2023 $3,500,000 $2,300,000 $12,480,000 $3,700,000 $4,467,500 $6,395,000 $7,400,000 $3,240,000 $4,550,000 9/22 10/22 11/22 12/22 1/23 2/23 3/23 4/23 5/23 6/23 7/23 8/23 9/23 MEDI AN SALES PRICE - 13 MONTH TREND 5 APSHOT 0 0 1 1 0 0 1 3 2 3 1 2 4 8 7 11 12 7 7 13 16 14 13 8 9 10 9/22 10/22 11/22 12/22 1/23 2/23 3/23 4/23 5/23 6/23 7/23 8/23 9/23 Total Inventory Total Sold TOTAL INVENTORY/SOLD - 13 MONTH TREND OCTOBER 2023 115.5 N/A ARKET $891.30 N/A MEDIAN PRICE PER SQFT 40.00% 40.00% SALES RATIO $4,550,000 N/A MEDIAN SALES PRICE 10 25% TOTAL INVENTORY 4 4 TOTAL SOLD
D sc a mer If you home s cur ent y l s ed by another broker his s not intended as a sol c ta ion A l nforma ion provided s deemed re ab e bu s not guaran eed and should be independent y verified This data is based n whole or n pa on data supp ed by the Mu t ple L s ing Serv ce Ne ther RE/MAX Estate Propert es the Board nor i s MLS guarantee or s in any way espons b e o ts accuracy Data ma nta ned by the Boa d or ts MLS may not reflect al rea esta e act v t es in the marke P ease no e hat due to changes n how nven ory s counted there w l be a h ghe than normal d fference between 2023 data and 2022 data as re ated to inventory MLS Search parameters used Status Act ve Act ve Under Cont act C osed (set da es to whole mon h o pe iod pu l ng data for) P operty Sub Type S ng e Fam ly Residence Condom n um Townhouse Loft S udio Dup ex Ouadrup ex Tr plex C ty Harbor C ty Pa os Ve des Estates Rancho Pa os Verdes Ro l ng H l s San Pedro W m ngton Areas: 165, 172, 174, 175, 176 Data Pu l Date 10/1/2023 $1,850,000 $1,290,000 $1,700,000$1,676,000$1,630,000 $1,500,000 $1,350,000 $1,695,000 $1,957,500 $1,560,000 $1,260,000 $1,387,500 $2,837,500 9/22 10/22 11/22 12/22 1/23 2/23 3/23 4/23 5/23 6/23 7/23 8/23 9/23
AN SALES
10 APSHOT 27 16 21 20 12 15 7 13 8 10 7 7 10 34 24 30 16 17 19 26 27 23 24 24 23 25 9/22 10/22 11/22 12/22 1/23 2/23 3/23 4/23 5/23 6/23 7/23 8/23 9/23 Total Inventory Total Sold TOTAL INVENTORY/SOLD - 13 MONTH TREND OCTOBER 2023 13.5 -32.5% ARKET $892.44 12.26% MEDIAN PRICE PER SQFT 40.00% -9.09% SALES RATIO $2,837,500 53.38% MEDIAN SALES PRICE 25 -26.47% TOTAL INVENTORY 10 -62.96% TOTAL SOLD
MEDI
PRICE - 13 MONTH TREND
D sc a mer If you home s cur ent y l s ed by another broker his s not intended as a sol c ta ion A l nforma ion provided s deemed re ab e bu s not guaran eed and should be independent y verified This data is based n whole or n pa on data supp ed by the Mu t ple L s ing Serv ce Ne ther RE/MAX Estate Propert es the Board nor i s MLS guarantee or s in any way espons b e o ts accuracy Data ma nta ned by the Boa d or ts MLS may not reflect al rea esta e act v t es in the marke P ease no e hat due to changes n how nven ory s counted there w l be a h ghe than normal d fference between 2023 data and 2022 data as re ated to inventory MLS Search parameters used Status Act ve Act ve Under Cont act C osed (set da es to whole mon h o pe iod pu l ng data for) P operty Sub Type S ng e Fam ly Residence Condom n um Townhouse Loft S udio Dup ex Ouadrup ex Tr plex C ty Harbor C ty Pa os Ve des Estates Rancho Pa os Verdes Ro l ng H l s San Pedro W m ngton Areas: 165, 172, 174, 175, 176 Data Pu l Date 10/1/2023 $766,000 $762,000 $880,000 $776,038 $872,500 $722,000 $750,500 $722,500 $785,000 $930,000 $857,396 $800,000 $765,000 9/22 10/22 11/22 12/22 1/23 2/23 3/23 4/23 5/23 6/23 7/23 8/23 9/23 MEDI AN SALES
- 13 MONTH TREND 76 APSHOT 34 34 35 39 26 40 37 38 40 38 32 42 38 93 78 86 109 114 122 121 109 105 101 117 120 132 9/22 10/22 11/22 12/22 1/23 2/23 3/23 4/23 5/23 6/23 7/23 8/23 9/23 Total Inventory Total Sold TOTAL INVENTORY/SOLD - 13 MONTH TREND OCTOBER 2023 9.5 -56.82% ARKET $609.12 13.43% MEDIAN PRICE PER SQFT 28.79% -22.19% SALES RATIO $765,000 -0.13% MEDIAN SALES PRICE 132 41.94% TOTAL INVENTORY 38 11.76% TOTAL SOLD
PRICE
D sc a mer If you home s cur ent y l s ed by another broker his s not intended as a sol c ta ion A l nforma ion provided s deemed re ab e bu s not guaran eed and should be independent y verified This data is based n whole or n pa on data supp ed by the Mu t ple L s ing Serv ce Ne ther RE/MAX Estate Propert es the Board nor i s MLS guarantee or s in any way espons b e o ts accuracy Data ma nta ned by the Boa d or ts MLS may not reflect al rea esta e act v t es in the marke P ease no e hat due to changes n how nven ory s counted there w l be a h ghe than normal d fference between 2023 data and 2022 data as re ated to inventory MLS Search parameters used Status Act ve Act ve Under Cont act C osed (set da es to whole mon h o pe iod pu l ng data for) P operty Sub Type S ng e Fam ly Residence Condom n um Townhouse Loft S udio Dup ex Ouadrup ex Tr plex C ty Harbor C ty Pa os Ve des Estates Rancho Pa os Verdes Ro l ng H l s San Pedro W m ngton Areas: 165, 172, 174, 175, 176 Data Pu l Date 10/1/2023 $622,000 $600,000 $645,000 $579,000 $600,000 $467,000 $615,000 $585,000 $658,000 $772,000 $690,000 $650,000 $757,450 9/22 10/22 11/22 12/22 1/23 2/23 3/23 4/23 5/23 6/23 7/23 8/23 9/23 MEDI AN SALES PRICE
MONTH TREND 9 APSHOT 8 7 11 5 7 9 9 7 7 7 8 7 6 33 29 27 23 26 22 22 22 17 20 22 18 16 9/22 10/22 11/22 12/22 1/23 2/23 3/23 4/23 5/23 6/23 7/23 8/23 9/23 Total Inventory Total Sold TOTAL INVENTORY/SOLD - 13 MONTH TREND OCTOBER 2023 17 -19.05% ARKET $394.71 -27.71% MEDIAN PRICE PER SQFT 37.50% 56.25% SALES RATIO $757,450 21.78% MEDIAN SALES PRICE 16 -51.52% TOTAL INVENTORY 6 -25% TOTAL SOLD
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CONNECT WITH ME https://www.facebook.com/lee.knickerbocker.7 https://www.instagram.com/leeknickerbocker/ www.Leeknickerbocker.com LEE KNICKERBOCKER 310.920.7399 Leeknickrealestate@gmail.com DRE# 00957301 450 Silver Spur Rd Rancho Palos Verdes, CA 90275