The third week of January proved to be a busy one on the Peninsula. Buyer activity has been notably strong, an unexpected shift for this time of year. Historically, this period tends to be quieter as buyers pause after the holidays. That said, showings, inquiries, and overall engagement have remained unusually active. While one week does not define a market, this early-season momentum suggests motivated buyers are already positioning themselves ahead of the spring market. See the stats below for a closer look.
What happened on the Peninsula last week?
January 19th - January 26th
High Sale
2 Pine Tree Lane | Rolling Hills | $5,500,000
7 Bedrooms | 8 Bathrooms | 11,686 Square Feet
Low Sale
28121 Highridge Road #405, Rancho Palos Verdes | $1,795,000
1 Bedrooms | 1 Bathrooms | 758 Square Feet
House of the Week
2 Pine Tree Lane Rolling Hills | $5,500,000
The House of the Week is a home in Rolling Hills that closed at $5,500,000. This sale tells an interesting story. The property originally sold in January 2021 for $7,000,000. After beginning a major remodel, the owners ultimately chose to list and sell the home in its current, mid-remodel condition. First introduced to the market in 2023 at $9,750,000, the property underwent multiple price adjustments before closing last week at $5,500,000.
