Property prices for sale in Pacific Palisades (California)

The prices in real estate in Pacific Palisades, in the California region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.

$4,532,186
Average price last 6 months
$1,275.67
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Pacific Palisades has increased during the last 6 months. In January, the average price per sq.feet was $1,205. In the following month the price per sq.feet increased to $1,381. In the following two months the price per sq.feet has increased 108 %, going from $1,293 to $1,395 per sq.feet. The price per sq.feet has had a considerable deflation of 85 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of $1,344 to $1,139 during May, and June.

Average price

Based upon to the price in Pacific Palisades (cities), these have remained the same in the last 6 months. The price in January is $4,466,021, rising in February till $4,745,544. In the following two months the average price has remained the same with regard to the previous two months from $4,605,782.5 to $4,806,420. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 89 %, going from $4,706,101 to $4,184,355.5 in May and June.

Average price per bedrooms

The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $4,188,012 they are 80 % more affordable than the average price for Pacific Palisades. The properties with the lowest average price have 4 bedrooms, Their price is 4 % cheaper than the average. After that we have properties with 3 bedrooms priced at $3,063,675.

With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $843 / sq.feet, with an average $1,107 / sq.feet price in Pacific Palisades. The properties with the highest average prices have 4 bedrooms. They are 10 % more expensive than the average followed by properties with 3 bedrooms with a price at $1,117 / sq.feet.

Price per property type

The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of $4,188,012 it is 99 % cheaper than the average price in Pacific Palisades. "Townhouse" is seen as the second most affordable property type. The dearest property type is "Commercial Property" followed by "House". At a price of $5,082,662 it is 37 % more expensive than the average price.

According to the average cost per sq.feet, the cheapest property type is "Apartment" at an average cost of $11 / sq.feet followed by "Townhouse" priced at $786 / sq.feet. "House" is the most costly type of property with a $1,249 / sq.feet cost followed by "Commercial Property" with an average price of $947 / sq.feet.

Charts data
Average price June
Average price per sq.feet June
Number of properties used in Pacific Palisades
Number of properties used in region California
$4,188,012
$1,107
2,408
1,593,716
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value
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