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La Cresta Area of RPV and RHE 3rd Qtr. 2015 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 3rd Quarter of 2015:

Properties Sold: 13

 

Average Sales Price of homes sold during 3rd quarter: $ 2.2 million

 

 

View from La Cresta area - Del Cerro Park

Number of Properties listed for sale as of 9/30/2015: 12 ( about 4 months of inventory based on the average number of homes per month sold in the quarter of 3) . There are 8 properties in escrow as of the end of September.

 

 
 

Average List Price at 9/30/2015: $ 2.5 million

Average Price per Sq. Ft. for Properties Sold during 3rd Qtr: $537 per sq. ft.,

 

 
 
Properties sold at an average of 97% of Original List Price and took from 1 to 4 months to sell

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 • October 26 2015 12:22PM

Comments

Hi Maureen,  always enjoy viewing stats and charts on other communities.  Tks for sharing.

Posted by Ronald DiLalla, No. Orange Cty Real Estate (Century 21 Discovery DRE 01813824) about 4 years ago

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