Maureen Megowan's Blog

head_left_image

La Cresta Area of RPV and RHE 4th Qtr. 2014 Real Estate Market Report

The La Cresta area of Rancho Palos Verdes and Rolling Hills Estates( area 172 in map below )had the followingreal estate market activity for single family residences during the 4th Quarter of 2014:

Properties Sold: 8

 

 

Average Sales Price of homes sold during 4th quarter: $ 2.5 million

 

 

View from La Cresta area - Del Cerro Park

Number of Properties listed for sale as of 12/31/2014: 8 ( about 2-3 months of inventory based on the average number of homes per month sold in the quarter of 3) 

 

 
 

Average List Price at 12/31/2014: $ 2.5 million

Average Price per Sq. Ft. for Properties Sold during 4th Qtr: $547 per sq. ft.,

 

 
 
Properties sold at an average of 87% of Original List Price

For more Palos Verdes real estate market reports see the following link on my website: Market Reports

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 • January 15 2015 08:55PM

Comments

How many total month would you get the market to do what it does best if you had a magic wand?

Posted by Laura Cerrano, Certified Feng Shui Expert, Speaker & Researcher (Feng Shui Manhattan Long Island) almost 4 years ago

This blog does not allow anonymous comments