Palos Verdes Home Sales – Palos Verdes Drive South Neighborhood 1st Half 2012

Palos Verdes homes sales for the  Palos Verdes Drive South neighborhood for the first half of 2012 decreased to 11 single family homes sold in the first half of 2012 compared to 14 the first half of 2011.  Average sales price for Palos Verdes Drive South homes sold in the first half of 2012 increased to $1,276,182 from $1,254,643 for the first half of 2011.  Price per square foot for Palos Verdes Drive South houses that sold in the first half of 2012 increased to $454 from $451 in the first half of 2011.  The most expensive home sold for $3,000,000 and  the lowest priced home sold for $560,000.

Currently, Palos Verdes Drive South has 28 active Palos Verdes homes for sale.  There are 12 condo/town homes priced from $475,000 for a 2 bedroom/2 bath, 1,565 square foot unit, to $2,695,000 for a 3 bedroom/4 bath, 2,808 square foot unit.  There are 16 single family homes ranging from $$825,000 for a  3 bedroom/ 2 bath, 1,490 square foot home, to $8,000,000 for a 6 bedroom/8 bath, 7,669 square foot home.

For background and history on Palos Verdes Drive South Multiple Listing Service #169, please click here to read my prior article on this neighborhood.

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

Photo courtesy of Terranea Resort               

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