Palos Verdes Home Sales Palos Verdes Drive South Neighborhood 1st Half 2016

Palos Verdes Home Sales Palos Verdes Drive South Neighborhood 1st Half 2016

Palos Verdes homes sales in the Palos Verdes Drive South neighborhood for the first half of 2016 increased to 20 single family homes sold in 2016 compared to 17 in 2015.  Price per square foot for Palos Verdes Drive South houses that sold in the first half of 2016 decreased to $567 from $645 in 2015, a -12.1% decrease.  Average sales price for Palos Verdes Drive South homes sold in the first half of 2016 decreased to $1,783,065 in 2016 compared to $1,924,713 in 2015.  The most expensive Palos Verdes home sale in the Palos Verdes Drive South neighborhood was $4,200,000 and the lowest priced Palos Verdes home sale in the Palos Verdes Drive South neighborhood was $1,157,500.

Currently, the Palos Verdes Drive South neighborhood has 22 Palos Verdes homes for sale.  There are 14 single family homes for sale ranging in price from $1,155,000 for a 3 bedroom/4 bath, 2,672 square foot home, to $5,499,000 for a 5 bedroom/6 bath, 7,261 square foot home.  There are 4 condo/townhomes for sale ranging in price from $683,700 for a 2 bedroom/2 bath, 1,433 square foot home, to $2,995,000 for a 4 bedroom/4 bath, 2,870 square foot condo/townhome.

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

To view current Palos Verdes home sales for the Palos Verdes Drive South neighborhood and real estate statistics for the entire Peninsula, please click here or on the “Statistics” tab above.

Photo above is courtesy of  Terranea Resort located in the Palos Verdes Drive South neighborhood.

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