Your REALTORS:
Sharon Schammel & John Wild
May 2024
Real
"Unmatched Personal Service, Integrity & Results"
** Pacific Palisades & L.A.'s Westside **
Residential & Estate Properties




Market Conditions for PACIFIC PALISADES, California

Reported by Sharon Schammel & John Wild Coldwell Banker


As of July 03, 2023.


Current Market Rating: 3



1
2
3
4
5
Buyers

Sellers

Current Price Trend: 3



1
2
3
4
5
Falling

Rising

 
July 2023
 
 
 
 
 

 

 

**   SHARON  &  JOHN   **

"Your Property's Potential Is Our Expertise" 

Pacific Palisades & Palisades Highlands

 

Pacific Palisades SINGLE FAMILY HOMES - Market / Sales: 

**  (as of:  07/03/23)

# HOMES "Active / On Market":  69 - (0-$25 mil.) (UP) 

# HOMES "In Escrow":  21 (STABLE) 

HOMES............ Active ........... Backup....... Pending ........ Sold

(Sold info is for June 2023)

# of Listings ..... 69 ................ 10 .............. 11 ...................15 

Avg. Days .......  65 ...............  44 .............  62 .................. 25

Median $ ......... 5,997,500 .... 4,274,000 ... 3,199,000 ..... 3,965,000

Avg..................... 7,031,724 ......4,780,300.......4,398,000 ........4,121,366
Price $

Avg. ...................1,661.07..........1,477.46 ........1,594.04 ...........1,443.23
Price / Sq.Ft.

Avg. Sale Price to Avg. List Price (June 2023):  97.88 %

**************************************************************
Pacific Palisades CONDOMINIUM Market / Sales:
** (as of 07/03/23)

# CONDOS "Active / On Market":  21 (UP) ..............

# CONDOS "In Escrow": 9 (STABLE) - (as of: 07/03/23)

CONDOS......... Active........... Backup............ Pending......... Sold
(as of 07/03/23) - Sold info is for June 2023)

# of Listings......20.................. 5..................... 4..................... 5

Avg. Days ....... 70.................. 21................... 64................... 70
Market.

Median
.......... 1,424,500 .... 1,299,000 .....1,250,000.......1,141,149


Avg. ................. 1,517,445 ..... 1,366,180........1,091,717 .......1,084,917


Avg. .................. 955.65 .......... 859.17 ..............  784.96 ........... 776.91
(Price / Sq.Ft.)

Avg. Sale Price to Avg. List Price (June 2023): 99.38 %

**************************************************************

*** Please contact us directly ***
    (424) 238-8036) or visit our website --
       www.PALISADESHOMES.com

** Email: [email protected]

In POSSIBILITY, OPPORTUNITY & ABUNDANCE,

** Sharon & John ** --- (424) 238-8036


**************************************************************
ZIP Code: 90272

Location Characteristics: Pacific Palisades - "Where the Mountains Meet the Sea" is one of the last "walking villages" in Los Angeles.

The Palisades is bordered by the Pacific Ocean and Santa Monica Bay to the south & west, Malibu to the west, the Santa Monica Mountains to the north, the city of Santa Monica to the south and Brentwood to the east.

"The Village", as the locals call it, is reminiscent of a small east coast town where neighbors greet neighbors in restaurants, coffee shops, markets and places of worship.

** NEW ** Just opened in 2022 is the "New Palisades Caruso Village" - an amazing updated vision of a "walking village".

On Sunday mornings there is an open-air "farmer's market" that is extremely popular and very well attended.

There are also numerous community sponsored events including a Polo Tournament, Movies in the Park, a Health Fair, the annual Car Show, the Village Fair, the "Miss & Mr. Palisades" contest - AND - the ever popular 4th of July Parade !!

Today, with a population of 27,000 residents and approximately 530 businesses - including retail shops and professional services - the atmosphere and small town feeling of a village still persists.

Though the community is within the City of Los Angeles, in keeping with the original intent of the founders, Pacific Palisades has kept its own name, post office designation, Zip code (90272), and functions as a town through the Community Council.

* And now as of 2014, it even has it's own "flag" *

It has a first class and well-read weekly newspaper, a hometown band and symphony, a community theater, service clubs, fine schools (including public "Charter" schools), places of worship, a YMCA, plus many active clubs and organizations.

Civic pride by local residents is readily seen by the amount of volunteerism and community service.

For More Information:

Copyright © 2022 Realty Times. All Rights Reserved.

  Sharon Schammel & John Wild, COLDWELL BANKER - "INTERNATIONAL PRESIDENT'S PREMIER","ELITE" & "TOP-100"
E-mail: [email protected]
Web: http://www.PALISADESHOMES.com
Direct: (424) 238-8036

Coldwell Banker

DIRECT:

(424) 238-8036

1515 Palisades Drive Suite # F
Pacific Palisades, CA 90272



Equal Housing Opportunity

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ZIP Code: 90272

Location Characteristics: Pacific Palisades ........ "Where the Mountains meet the Sea" ...... on the coast between Santa Monica and Malibu .......... because .... "there is no place like the Palisades" ........





For More Information:

About Sharon Schammel & John Wild:


Copyright © 2024 Realty Times. All Rights Reserved.






Sharon Schammel & John Wild,International President'sElite
E-mail: [email protected]
DIRECT: (424) 238-8036
Coldwell Banker

1515 Palisades Drive, Suite # F # F
Pacific Palisades, CA 90272


Equal Housing Opportunity

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