INTEREST RATES AT A YEAR LOW?

HERE'S WHAT'S HAPPENING

• Rates are down — Mortgage rates have dipped below 6.5% and are expected to stay low into 2026. This gives buyers more purchasing power and improves affordability.
• Affordability improving: A $1M home now costs about $396 less per month in mortgage payments than it did at a 7% rate.
• More homes available — Inventory sits at 14,343 homes, the most for this time of year since 2018, offering buyers the best selection in years.
• Motivated sellers — Many homes have been sitting on the market longer, and sellers are increasingly open to negotiation, rate buy-downs, or covering closing costs.
• Market time: Homes are taking about 114 days to sell — slower than last year, which means buyers have room to make thoughtful decisions before competition heats up again.

For Sellers:
More homeowners are re-entering the market as rates drop. Listing now positions you ahead of the typical spring surge in competition.

For Buyers:
Now is the time to make your move — before the market accelerates in early 2026 and competition increases.  

For Investors:
Long-term opportunities abound in luxury and mid-market coastal homes means bigger plays on appreciation and negotiation leverage.

LOCAL INSIGHT

Rancho Palos Verdes

• Median Price: $2.1M
• Market Time: 118 days
• A sweet spot in the market — strong demand for ocean-view properties and mid-luxury homes under $2.5M.
• Inventory has grown modestly, offering buyers more options along the coast.
• RPV remains one of the most resilient submarkets on the Hill, balancing value, lifestyle, and proximity to top-rated schools.

Palos Verdes Estates

• Median Price: $3.6M
• Average Market Time: 135 days
• Strong luxury demand, homes moving with better negotiation margins.

Rolling Hills

• Median Price: $4.9M
• Average Market Time: 142 days
• Private, gated luxury community where inventory remains tight, but buyers are gaining leverage thanks to fewer competing offers.

San Pedro

• Median Price: $899K
• Average Market Time: ~70 days
• Fast-moving and high-demand pocket for entry-level coastal buyers

LUXURY INSIGHT

(Homes $2M+) are down slightly, but demand is rising 3% month-over-month.

• $2–3M Homes: Market time dropped to 149 days (faster movement).
• $8M+ Estates: Market time extended to 593 days — perfect window for luxury buyers to negotiate.
• “At the high end, patience is power. Sellers are listening to serious offers.”