Palos Verdes Real Estate Sales Palos Verdes Drive South Neighborhood 2016

Palos Verdes Real Estate Sales Palos Verdes Drive South Neighborhood 2016

2016 Palos Verdes homes sales for the Palos Verdes Drive South neighborhood increased to 37 single family homes sold in 2016 compared to 35 in 2015.  Price per square foot for Palos Verdes Drive South houses that sold in 2016 decreased to $545 compared to $656 in 2015 a -16.9% decrease.  Average sales price for Palos Verdes Drive South homes sold in 2016 was $1,769,375 compared to $1,899,889 in 2015.  The most expensive home sold for $4,200,000 and the lowest priced home sold for $1,065,000.

Currently, Palos Verdes Drive South has 18 active Palos Verdes homes for sale.  There are 10 single family homes ranging in price from $1,728,000 for a 3 bedroom/3 bath, 2,343 square foot home, to $4,998,000 for a 4 bedroom/7 bath, 9,435 square foot home.  There are 8 condo/townhomes ranging in price from $680,000 for a 2 bedroom/2 bath 1,564 square foot condo, to $2,350,000 for a 3 bedroom/3 bath, 2,100 square foot condo/townhome.

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, please click here or on the “Statistics” tab above.

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

 

 

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