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Crest Area of RPV / RHE 1st Quarter 2014 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 1st Quarter of 2014:

Properties Sold: 4

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

29504 Stonecrest RD $1,000,000 5 3.00 2,468 $405.19 1964 13713685 1/02/14 22
5722 Sunmist DR $1,100,000 4 3.00 2,448 $449.35 1964 PV13215786 1/10/14 74
6236 Scotmist DR $1,227,000 4 3.00 2,178 $563.36 1965 PV14047087 3/27/14 21
28924 Moro Bay DR $1,520,000 5 4.00 3,677 $413.38 1966 PV14042431 3/24/14 7
Average                   $1,211,750 5.0 3.30 2,693 $448                                    31

                                   

 

 

 

View from La Cresta area - Del Cerro Park

 

Number of Properties listed for sale as of 3/31/2014: 3 (  3 months of inventory

based on the average number of homes per month

sold in the quarter of 1 ) Click Here for Current Properties for Sale

 
 
 
 

Average List Price at 3/31/2014: $ 1.1 million

Average Price per Sq. Ft. for Properties Sold during 1st Qtr: $448 per sq. ft.,

a 4% increase over last years comparable quarter.

 

 
 

Properties Sold for an Average of 100% 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 0 commentsMaureen Megowan • April 16 2014 04:15PM

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