Pacific Palisades

Flanked by the Santa Monica mountain range and bordered by the Pacific Ocean, this paradise is the ideal location for the discriminating home buyer. For the period from January through May 2011, the median price of the 92 homes sold was $1,703,750 and dollar sales volume totaled a whopping $196,901,025. Over the same period in 2010, the median price was $1,866,250 and the total dollar sales volume was $224,835,292.

The average list price during the month of May 2011 for a home in what is commonly known as “the Palisades” was $1,993,408, and the average selling price was just slightly lower at $1,928,129. In contrast, the median sold price for the same month of May 2011 was $1,627,500. Pacific Palisades lies between the beach communities of Malibu and Santa Monica.

Homeowners in Pacific Palisades enjoy a small town atmosphere that is prevalent in the community. Very family-oriented, this city is known for several popular family events. The Pacific Palisades area is known for the quality of its public and private schools. A sample of schools to be found in the area is listed below according to zip code: