Amalfi Founder Anthony Marguleas has compiled statistics about lot/house sales in Pacific Palisades, which gives the big picture about the current real estate market.
“Land is the clearest leading indicator, and it is already telling us we are in the recovery cycle,” Marguleas said. From February through December 2025, 382 lots were sold. There are 147 active lots, 28 lots in escrow. Land sales have outpaced new listings in four of the last five months. Click here to see the lots sold: click here.
Marguleas speaks about the Palisades dynamic market on a December 30 Fox 11 News Segment with Marla Tellez. click here.
Marguleas said that sales are now exceeding new listings in the Alphabet Streets. “ From September through December, Alphabet Streets land pricing rebounded 11.7%,” he said and added, “This is not a demand problem. Buyers are present. What’s limited is new, viable inventory meeting that demand.”
Marguleas also dives into why people are undecided about selling their properties. “Insurance proceeds are often tied to rebuilding, meaning funds may not fully pay out unless construction begins,” he said. “This has left many owners waiting for clarity around insurance timing, rebuilding costs, and next steps. In some cases, insurers delay or reduce payouts until there is confidence a homeowner intends to rebuild, complicating the decision to sell.”
He notes that many building permits can be received in 60 to 70 days, but prior to the fire, permitting often took as long as six months and coastal properties typically had another six to nine month added to that. “Even with recent slowdowns, today’s process remains materially faster than pre-fire norms,” Marguleas said.
He said that securing labor is not a key factor in building. Instead, “The pacing factors remain permitting, insurance coordination, and owner decision-making, not workforce availability.”
Anthony Marguleas
Many people wonder, who are buying the lots? “Buyers are overwhelmingly local developers, not foreign investors,” Marguleas said. “They are the same builders who have been developing homes in the Palisades for the past 20 years. Much of the media narrative implies outside or speculative capital, when the reality is local operators continuing long-standing work in the community.” He added that no single developer has acquired more than nine properties and most buyers have purchased only one or two lots.
Marguleas concludes: “Land demand remains intact. Supply is constrained. Permits are progressing. Construction has begun.”
Look for Palisades Pulse Part 2, tomorrow or click here.