The Riviera's housing market is somewhat competitive, with the median sale price of a home in February 2024 being $8.6 million, which represents a 16.3% decrease compared to the previous year.

The Riviera community, situated south of Sunset and adjacent to The Riviera Country Club and golf course, features large homes on expansive lots, with some offering ocean views. This area is known for some of the most expensive real estate in Pacific Palisades, including homes with golf course views and spacious lots suitable for large pools.

Riviera, CA provides an array of property options such as expansive single-family homes, luxurious estates with comprehensive amenities, and exclusive homes boasting ocean or golf course views. It targets the high-end market, focusing on spacious and secluded living areas. The housing market in Riviera, CA is moderately competitive, with demand driven by the area's luxury, privacy, and unique features like ocean proximity and golf course access.

The housing market in Riviera, CA is moderately competitive, influenced by the area's prestige, amenities, and prime location. The level of competitiveness can fluctuate depending on market conditions, the unique features of each home, and their pricing.

Riviera, CA is sought after for its excellent location next to the Riviera Country Club and close to the ocean, providing luxury, privacy, and scenic beauty. The availability of large homes on extensive lots, with options for ocean or golf course views, enhances its attractiveness. Its reputation for containing some of the priciest real estate in Pacific Palisades further increases its desirability.