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La Cresta Area of Rancho Palos Verdes and Rolling Hills Estates 1st Quarter 2012 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 1stQuarter of 2012 :

Properties Sold:  6

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

5367 Valley View RD          $1,281,000 4 5.00 4,578 $279.82 1981 V11023850 1/27/12          331
21 Quarterhorse LN           $1,460,000 4 4.00 4,036 $361.74 1981 V11106226 3/30/12          231
26 Country Meadow RD     $1,525,000 6 5.00 4,494 $339.34 1979 V11126886 1/27/12          114
29010 Indian Valley           $1,525,000 4 4.00 3,742 $407.54 1985 V12035049 3/16/12            79
44 Country LN                    $1,530,000 4 3.00 3,241 $472.08 1979 V11150647 3/07/12          104
5839 Ocean Terrace DR     $1,650,000 4 4.00 4,537 $363.68 1983 V11028763 3/30/12           393
Average                             $1,495,167 4.0 4.20 4,105 $371                                                      209

 

Average Sales Price of homes sold during 1st quarter: $ 1.5 million

 

View from La Cresta area - Del Cerro Park

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

 

 

   

 

Average List Price at 3/31/11:  $ 2.0 million

Average Price per Sq. Ft. for Properties Sold during 1st Qtr:   $ 371 per sq. ft.

Properties sold at an average of 89% of Original  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 • April 23 2012 08:20PM

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