2012 Palos Verdes homes sales for the Peninsula Center neighborhood increased from 2011 – 25 single family homes sold in 2012 compared to 17 in 2011 – a 47% increase. Price per square foot for Peninsula Center houses that sold in 2012 decreased to $412 compared to $443 in 2011. Average sales price for Peninsula Center homes sold in 2012 was $930,760 compared to $956,353 in 2011. The most expensive home sold for $1,250,000 and the lowest priced home sold for $710,000.
Currently, Peninsula Center neighborhood has 5 active Palos Verdes homes for sale. There is 1 condo/townhomes for sale for $675,000 for a 2 bedroom/2 bath, 1,241 square foot townhome. There are 4 single family homes for sale ranging from $997,000 for a 4 bedroom/3 bath, 2.447 square foot home to $1,459,000 for a 4 bedroom/4 bath, 3,650 square foot home.
For background and history on Peninsula Center Multiple Listing Area 175, 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 above is The Promenade of the Peninsula