Palos Verdes Home Sales Peninsula Center Neighborhood 1st Half of 2016

Palos Verdes Home Sales Peninsula Center Neighborhood 1st Half 2016

The Promenade at the Peninsula shopping center, Rolling Hills Estates, CA 90274                                       

Palos Verdes homes sales in the Peninsula Center neighborhood for the first half of 2016 decreased to 13 single family homes sold in 2016 compared to 17 in 2015.  Price per square foot for Peninsula Center houses that sold in the first half of 2016 increased to $531 from $516 in 2015, a 3.0% increase.  Average sales price for Peninsula Center homes sold in the first half of 2016 increased to $1,212,885 in 2016 compared to $1,121,765 in 2015.  The most expensive Palos Verdes home sale in the Peninsula Center neighborhood was $1,485,000 and the lowest priced Palos Verdes home sale in the Peninsula Center neighborhood was $1,040,000.

Currently, the Peninsula Center neighborhood has 3 Palos Verdes homes for sale.  There are 3 single family homes for sale ranging in price from $985,000 for a 4 bedroom/2 bath, 1,670 square foot home, to $1,300,000 for a 4 bedroom/3 bath, 2,237 square foot home.  There are no condo/townhomes for sale in this area.

For background and history on the Peninsula Center Neighborhood Multiple Listing Area 175, please click here to read my prior article on this neighborhood.

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

Photo of the Promenade on the Peninsula courtesy of Arvin Design

 

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