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Crest Area of Rancho Palos Verdes and Rolling Hills Estates 3rd Quarter 2013 Real Estate Market Report

The Crest area of Rancho Palos Verdes and Rolling Hills Estates( area 174 in map below )had the following real estate market activity for single family residences during the 3rd Quarter of 2013 :

 

Properties Sold: 11

 

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

5733 Sunmist DR $1,100,000 4 3.00 2,506 $438.95 1963 PV13072343 7/11/13 30
29705 Stonecrest RD $1,139,775 4 3.00 2,374 $480.11 1964 SB13106584 8/30/13 15
5640 Seaside Heights DR $1,150,000 4 3.00 2,374 $484.41 1966 PV13121136 8/20/13 57
5725 Sunmist DR $1,155,000 5 3.00 2,468 $467.99 1964 PV13121610 9/12/13 61
29518 Stonecrest RD $1,175,000 5 3.00 2,468 $476.09 1964 PV13142261 8/30/13 39
5811 Scotwood DR $1,176,525 4 4.00 2,374 $495.59 1964 SB13103737 7/29/13 31
28403 Quailhill DR $1,252,000 4 3.00 2,244 $557.93 1970 PV13131847 8/21/13 8
29413 Quailwood DR $1,290,000 4 3.00 2,506 $514.76 1964 PV13108820 7/09/13 5
29113 Doverridge DR $1,350,000 4 3.00 2,634 $512.53 1968 PV13135092 8/13/13 3
5826 Sunmist DR $1,361,000 4 4.00 3,276 $415.45 1964 PV13109174 7/23/13 32
28723 Shire Oaks DR $1,370,000 4 3.00 2,995 $457.43 1969 SB13155061 9/11/13 14
Average                $1,229,027 4.0 3.20 2,565 $479                                               27

 

 

 

View from La Cresta area - Del Cerro Park

 

Number of Properties listed for sale as of 9/30/13: 3 ( 1 month of inventory based on the average number of homes per month sold in the quarter of 4 ) Click Here for Current Properties for Sal

 
 
 
       
  Sep. 13 Aug. 13 Curnt vs. Prev Month % Change Sep. 13 Sep. 12 Curnt vs. Same Month 1 Yr Ago % Change Jul. 13 to Sep. 13 Jul. 12 to Sep. 12 Curnt vs. Same Qtr 1 Yr Ago% Change
For Sale 3 4 -25% 3 5 -40% 4 4 0%
Sold 2 5 -60% 2 4 -50% 4 4 0%
Pended 4 4 0% 4 3 33.3% 4 3 33.3%

Average List Price at 9/30/13: $ 1.2 million

Average Price per Sq. Ft. for Properties Sold during 3rd Qtr: $479 per sq. ft., a 16% increase over last years comparable quarter.

 

 
 
       
  Sep. 13 Aug. 13 Curnt vs. Prev Month % Change Sep. 13 Sep. 12 Curnt vs. Same Month 1 Yr Ago % Change Jul. 13 to Sep. 13 Jul. 12 to Sep. 12 Curnt vs. Same Qtr 1 Yr Ago % Change
Avg. Sq. Ft. Price 462.2 499.5 -7.5% 462.2 396.4 16.6% 479.1 412.8 16.1%
 

Properties Sold for an Average of 101% of list price during the quarter:

 

 

 

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 1 commentMaureen Megowan • October 23 2013 02:36PM

Comments

Thank you for sharing this great information. Hopes for your continued success.

Posted by David Saks over 4 years ago

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