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La Cresta Area of Rancho Palos Verdes and Rolling Hills Estates 4th Quarter 2009 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 2009 :

Properties Sold:  6

Address                        Sales Price BR BA  Sq.ft.  $/Sq.ft Yr.Blt. MLS#  Sold Date  Days on Mkt.

30 Pepper Tree LN        $945,000    3 3.00 2,546 $371 2002 V09109030 11/20/09         5

38 Hillcrest Mdws        $1,110,000    3 3.00 2,329 $477 1991 V09037614 10/15/09      197

28504 Robinview Ln    $1,150,000    5 4.00 3,420 $336 1990 V09037893 12/15/09      202

3 Clear Vista DR         $1,423,000     4 3.00 2,621 $543 1981 V09095394 11/06/09       48

22 Covered Wagon LN $1,580,000   5 4.00 4,149 $381 1981 V09071703 10/20/09     110

9 Sail View AV             $1,660,000    3 3.00 3,365 $493 1999 V09112219 12/16/09      30

Properties for Sale as of 12/31/09:  8

 View from La Cresta
View from La Cresta area - Del Cerro Park - (Photo by Ed Shea / PVNET. )

Average List Price at 12/31/09:  $ 1.9 million

Average Sales Price of homes sold during 4th quarter: $ 1.3 million

Average Price per Sq. Ft. for Properties Sold during 4th Qtr:   $ 434 per sq. ft.

Properties sold at an average of 98% of List Price

 

For more information on buying or selling real estate in the La Cresta area of Rolling Hills Estates and Rancho Palos Verdes visit my website at http://www.maureenmegowan.com

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 11 2010 01:26PM

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