2012 Palos Verdes homes sales for the Palos Verdes Drive South neighborhood increased to 35 single family homes sold in 2012 compared to 33 in 2011. Price per square foot for Palos Verdes Drive South houses that sold in 2012 decreased to $415 compared to $470 in 2011. Average sales price for Palos Verdes Drive South homes sold in 2012 was $1,151,314 compared to $1,389,591 in 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 23 active Palos Verdes homes for sale. There is 11 condos for sale ranging from $474,000 for a 1 bedroom/1 bath, 1,096 square foot condo to $2,395,000 for a 3 bedroom/ 3 bath 2,100 square foot condo. There are 12 single family homes for sale ranging from $1,290,000 for a 3 bedroom/3 bath, 1,755 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 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 Resorts
