Palos Verdes Real Estate Palos Verdes Drive North Update

2011 Palos Verdes home sales for the Palos Verdes Drive North neighborhood decreased to 34 single family homes sold compared to 56 in 2010 – a 39% decrease.  Price per square foot for Palos Verdes Drive North houses that sold in 2011 was $436 compared to $448 in 2010.  However, average sales price for the Palos Verdes Drive North homes sold in 2011 was $1,226,197 compared to $1,173,153 – a 4.5% increase.

Currently, Palos Verdes Drive North has 16 homes for sale.  There is one townhome for sale – a 3 bedroom, 3 bath, 1,722 square foot townhome for $499,000.  There are 15 active single family homes for sale.  They range from $939,000 for a 3 bedroom, 2 bath, 2,200 square foot home to $3,400,000 for a 3 bedroom, 4 bath, 4,000 square foot home.

For background and history on Palos Verdes Multiple Listing Area #165, please click here to read my prior article on this neighborhood.

To view current Palos Verdes real estate statistics for the entire Peninsula, please click here on on the Statistics tab above.

Photo courtesy of the City of Rolling Hills Estates