Avezta Realty International Corp.

La Palma Real Estate Market Report

Executive Summary

DB
Dan Braun

The La Palma, CA real estate market is currently classified as a seller's market. The median asking price is $1.1M, down 14.1% over the past 30 days.

There are currently 5 active listings, representing 1 months of inventory. 10 properties have sold in the past 90 days at a median sold price of $1.2M. Inventory has increased 150.0% compared to last month.

Currently, listings spend an average of 19 days on market and the average price per square foot is $683.

Detached properties make up the largest share of the La Palma market at 80% of active listings with an average price of $916K. Condo listings follow at 20% (avg $675K).

Sales Activity & Absorption

Volume

5
Sold (30d)
10
Sold (90d)
19
Avg DOM
3
New (30d)

Market Signals

2
Price Cuts (30d)
1
New (7d)
100%
Sell-Through
100.7%
List-to-Sale

5 properties sold in the past 30 days, 3 new listings appeared in the past month, 2 sellers reduced their asking price.

Market Balance

Months of Inventory

Seller'sBalancedBuyer's
1months
Strong Seller's Market
Sell-Through Rate100.0%
Inventory Change (30d)+150.0%
Site Active Listings5

With only 1 months of inventory, the market is supply-constrained. Buyers should be prepared for competition, and sellers can expect strong interest.

Interest Rates & Affordability

Current Rates

Bank of Canada Policy Rate2.25%
Prime Rate4.45%
Est. Variable Rate (Prime + 0.5%)4.95%

Lower rates increase purchasing power. The Bank of Canada sets the policy rate which influences prime rates across lenders.

Estimated Monthly Payment

Based on median price of $1.1M, 20% down, 25yr amortization
$5,119/mo
at 4.95% variable rate

This is an estimate only. Actual rates and payments will vary based on your credit profile, lender, and mortgage terms.

Market Outlook

This is currently a seller's market with strong demand and limited inventory. The La Palma market currently has 5 active listings with a median price of $1.1M and 1 months of inventory.

  • Low inventory (1 months) favors sellers
  • Prices declining (-14.1% in 30 days)
  • High price reduction rate (40% of listings)
  • High sell-through rate (100%)
  • Fast-moving market (19 avg days on market)
  • Average price per square foot is $683
  • Sold properties averaged 32 days on market

For Buyers

Competition is strong in La Palma. Get pre-approved, work with a local agent, and be prepared to move quickly on properties you like. Consider expanding your search criteria. There were 1 new listings in the past week.

For Sellers

Conditions favor sellers in La Palma. Price confidently based on recent comparables, and consider professional staging to maximize offers. Multiple-offer scenarios are common. 2 listings have reduced their price in the past 30 days. The current sell-through rate is 100%.

Data sourced from San Diego MLS active and sold listings. Metrics computed from listing data updated daily. Prepared by Dan Braun with AI assistance, reviewed by our team.

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Resources

Explore La Palma

Homes for Sale in La Palma5 active listingsCost of Living in La PalmaHousing, rent & expensesSold Data in La PalmaRecent sales & prices

Market data is calculated from active and recently sold MLS listings as of April 15, 2026. Past performance does not guarantee future results. Consult a real estate professional for specific advice.

Based on information from California Regional Multiple Listing Service (CRMLS). This data is for informational purposes only and may not reflect all real estate activity in the market. Information deemed reliable but not guaranteed.