A Look at Palisades Real Estate Since the Fire

By CHRISTINA WAGNER | The Edlen Team

As of September 30, 187 land parcels (aka lots) are currently available, ranging from $599,000 for a 4,567-square-foot lot on Palmera to $10,599,000 for a 14,534-square-foot lot on Via De Las Olas. Twenty-seven lots are in escrow and 230 lots have sold since January 7, ranging from $500,000 for a 7,503-square-foot lot on De Pauw to $5.6 million for a double parcel on Las Lomas. Additionally, at least 25 lots have sold off-market since January.

At the start of October, 66 single-family Palisades residences were listed in the Multiple Listing Service, ranging from a two-bedroom, three-bathroom home on Marquette asking $2.15 million to a seven-bedroom, 12-bathroom on Paseo Miramar asking $39 million (reduced from $54 million).

A total of 76 homes were sold in the Palisades in the first three quarters of 2025, ranging from a four-bedroom, three-bathroom on Akron, which sold for $1.4 million, to a five-bedroom, six-bathroom on Napoli Drive, which sold for $25.75 million. Median sale price was $4,144,000. There are currently 10 standing-home escrows open in the Palisades.

There are 22 condominiums/townhouses on the market as of October 1. They range from a two-bedroom, two-bathroom on Palisades Circle being offered at $1.05 million to a three-bedroom, three-bathroom on Palisades Drive for $2,295,000.

Five condos are in escrow and 11 have sold since the January 7 fire. They range from a two-bedroom, two-bathroom on Sunset, which sold for $575,000, to a three-bedroom, three-and-a-half-bathroom on Tramonto, which sold for $2.25 million. The median sales price for condos at the end of the third quarter of 2025 was $1,599,000, which is the same as it was at the end of the second quarter.

There are currently 82 available leases in the Palisades, starting at $3,150 per month for a one-bedroom, one-bathroom unit on Castellammare and asking as high as $125,000 per month for an eight-bedroom, 12-bathroom house on Amalfi Drive. There have been 82 Palisades leases done in the first three quarters of 2025, ranging from a two-bedroom, two-bathroom townhome on Antioch in the Village, which leased for $3,740 per month, to an eight-bedroom, 11-bathroom house on Casale in the Riviera, which leased for $95,000 per month.

The Edlen Team has been the
leading Pacific Palisades real estate team
for over 25 years and has been closely tracking all post-fire activity, as well as counseling property owners on various ways to navigate their next steps. They can be reached at: 310-220-9494 (Christina Wagner), 310-600-7422 (Michael Edlen) and 310-433-3124 (Tatiana Weiss).