Palos Verdes Home Sales Palos Verdes Drive South Neighborhood First Half of 2013

2013 First Half Palos Verdes homes sales for the Palos Verdes Drive South neighborhood more than doubled – 24 homes sold compared to 11 homes sold in the first half of 2012.  Price per square foot for Palos Verdes Drive South houses that sold in the first half of 2013 increased 19.2% to $536 from $449 for the same time period last year.  Average sales price for Palos Verdes Drive South homes sold in the first half of 2013 increased to $1,422,860 from $1,276,182 for the first half of 2012.  The most expensive home sold for $4,000,000 and the lowest priced home sold for $225,000.

Currently, the Palos Verdes Drive South neighborhood has 27 Palos Verdes homes for sale.  There are 18 condo/townhomes ranging from $445,000  for a 1 bedroom, 1 bath, 1,096 square foot condo/townhome to $2,695,000  for a 3 bedroom, 4 bath, 2,800 square foot condo/townhome.  There are 9 single family homes ranging from $1,499,000 for a 4 bedroom, 4 bath, 3,556 square foot home, to $5,999,000 for a 5 bedroom, 4 bath, 5,000 square foot home.

For background and history on Palos Verdes Drive South  Multiple Listing Area 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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