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Huntington Palisades Real Estate Update February 2021

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The Huntington Palisades has seen a dramatic recovery in home values since the 2008-2011 market correction. Fueled by a steady increase in demand, prices have increased by approximately 100% in 10 years.

Table of Contents

An Overview of the Huntington Palisades

There are several distinguishing characteristics, from its location to the family-oriented lifestyle, that helps explain why this particular neighborhood is so much more exclusive and desirable than almost any other area in the country. 

This part of Pacific Palisades had its beginning in 1926, before the Depression-era. It was designed to maintain a high standard and to appeal to upscale families. The 225 acres were laid out with curving streets and view lots around the periphery, with a large park off of Alma Real. The 494 sites were varied in size to accommodate larger homes on the most desirable sites, at certain intersections, and along the view rims. 

This was one of the earliest developments that incorporated underground utilities and ornamental light fixtures were included. Because this area was so costly to develop, the lots were sold at much higher prices than almost any other area. 

Most of the street names were derived from Spanish words, having been suggested by the engineer who developed the street plan. Corona Del Mar, Frontera, La Cruz, Pampas Ricas and Camarosa are some examples.

The proximity to the center of town has continued to be one of the most appealing aspects of the Huntington Palisades, as well as the lower density of homes due to much wider lots than generally found around the village area. Being able to walk to the park, library, and village is valued highly. The current real estate market shows the continuing high desirability of this area, with average prices over $6,000,000. Older one-story homes along Sunset start at about $2,000,000 and the current high-end Huntington home is over $30,000,000.

# SoldMedian $Avg $$/sqft
202012$6.1M$7.1M1,384
201118$2.8M$3.5M782
% Diff33%117%100%77%

Based on information from the Association of REALTORS®/Multiple Listing Service and /or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. If your Property is currently listed for sale this is not intended as a solicitation of that listing. CalBRE#00902158

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