As of February 28, there were 76 single-family Pacific Palisades residences listed in the Multiple Listing Service, which is 18 percent lower than this time last year. So far this year, 27 Palisades homes have sold, and there are now 39 homes in escrow.
Median sale prices are currently $2,250,000. The average sale price per square foot has increased by 17 percent as compared with the same period in 2012, and is now at $842 per square foot.
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