Real Estate Market Update for 90272 (Pacific Palisades, CA)

Video: Real Estate Community Tour for 90272 (Pacific Palisades, CA)

See Real estate community tour for 90272 (Pacific Palisades, CA)
Welcome to August's Market Update. Let’s take a look at residential real-estate activity in your area during the month of August. The number of active listings was down 62% from one year earlier, and down 40% from the previous month. This smaller inventory means that buyers who waited to buy may have had a smaller selection to choose from. As you can see, the median listing price for the month was just under 2.4-million dollars. Compared to last year, the average number of days units spent on the market before being sold was up 100%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was just over 1.7-million dollars. The number of units sold increased 100% year-over-year, and increased 100% month-over-month. These figures may indicate that buyers have been taking advantage of opportunities in this market. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
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Map Information for 90272 (Pacific Palisades, CA)
Area Information for 90272 (Pacific Palisades, CA)
  • Population: 22,954
  • Median Age: 46.55 yr
  • Median Commute Time: 27.21 mins
  • Educational Climate*: 5
  • Sales Tax: 9%
  • Population Density: 1,005/sq mi
  • Population Change Since 2000: 3.33%
  • Closest Airport: Los Angeles International
  • Closest College: Mount St Marys College
  • Closest Jr. College: Santa Monica College
  • Median Household Income: $146,688
  • Annual Residential Turnover: 11.68%
  • Median Years in Residence: 4.71 yr
  • Median Home Sales Price: $1,570,000
  • Closest Major Sports Team: Los Angeles Kings
  • Change Avg. Household Income Since 2000: 21%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for 90272 (Pacific Palisades, CA)
Median Age: 46.55 Married: 47% Number of Households: 9,229 Households with Children: 3,077
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for 90272 (Pacific Palisades, CA)

      School Name Distance Type Grades GreatSchools Rating Parent Rating
      St. Matthew's Parish School 1.9 mi Private PRESCHOOL-8 0 4
      Calvary Christian School 2.3 mi Private PRESCHOOL-8 0 4
      Marquez Charter School 2.3 mi Public K-5 5 5
      Palisades Charter High School 2.6 mi Public 9-12 4-5 4
      Palisades Charter Elementary School 2.6 mi Public K-5 5 5
      Seven Arrows Elementary School 2.6 mi Private K-6 0 4
      Village School, Inc. 2.7 mi Private K-6 0 4
      The Westside Waldorf School 2.7 mi Private PRESCHOOL-8 0 0
      Corpus Christi Elementary School 2.7 mi Catholic K-8 0 3
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: and Onboard Informatics © 2015
      Local Weather for 90272 (Pacific Palisades, CA)
        Community information and market data Powered by Onboard Informatics. Copyright ©2015 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.