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La Cresta Area of RPV and RHE 4th Qtr. 2015 Real Estate Market Report

The La Cresta area of Rancho Palos Verdes and Rolling Hills Estates( area 172 in map below )had the following real estate market activity for single family residences during the 4th Quarter of 2015:

Properties Sold: 9

 

 

Average Sales Price of homes sold during 4th quarter: $ 2.4 million

 

 

View from La Cresta area - Del Cerro Park

Number of Properties listed for sale as of 12/31/2015: 7 ( about 2 months of inventory based on the average number of homes per month sold in the quarter of 3) 

 

 
 

Average List Price at 12/31/2014: $ 2.1 million

Average Price per Sq. Ft. for Properties Sold during 4th Qtr: $573 per sq. ft.,

 

 
 
Properties sold at an average of 95% of Original List Price and took 2-3 months to sell

For more Palos Verdes real estate market reports see the following link on my website: Market Reports

For more information about Palos Verdes and South Bay Real Estate and buying and selling a home on the Palos Verdes Peninsula, visit my website at http://www.maureenmegowan.com . I try to make this the best real estate web blog in the South Bay Los Angeles and the Palos Verdes Peninsula. I would love to hear your comments or suggestions.

Comment balloon 0 commentsMaureen Megowan • January 24 2016 10:50PM
La Cresta Area of RPV and RHE 4th Qtr. 2015 Real Estate Market Report
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