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La Cresta Area of Rancho Palos Verdes and Rolling Hills Estates 4th Quarter 2010 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 2010 :

Properties Sold:  5

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

5314 Middlecrest RD        $1,350,000 4 4.00 2,788 $484.22 1958 S10097755 12/10/10      40

28857 Crestridge RD        $1,450,000 4 3.00 2,566 $565.08 1959 V10094261 12/23/10   103

18 Santa Catalina              $1,800,000 4 3.00 3,317 $542.66 1986 V10047366 10/25/10   173

22 Via Costa Verde            $1,950,000 5 6.00 5,630 $346.36 1991 V10056997 10/01/10   117

5964 Ocean Terrace DR   $2,450,000 4 4.00 4,541 $539.53 1981  F1861298   12/29/10     10

 

Properties for Sale as of 12/31/10:  9

 

   

View from La Cresta area - Del Cerro Park

Average List Price at 12/31/10:  $ 1.6 million

Average Sales Price of homes sold during 4th quarter: $ 1.8 million

Average Price per Sq. Ft. for Properties Sold during 4th Qtr:   $ 496 per sq. ft.

Properties sold at an average of 95% of List Price

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 22 2011 03:20PM

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