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 4th Quarter of 2013 :

Properties Sold: 6

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

28418 Meadowmist DR $1,075,000 5 4.00 2,366 $454.35 1968 PV13104360 10/04/13 106

6236 Scotmist DR $1,111,111 4 3.00 2,178 $510.15 1965 PV13177948 10/17/13 45

28827 Leah CR $1,218,888 4 3.00 2,432 $501.19 1970 SB13136118 11/19/13 82

29334 Stadia Hill LN $1,280,000 5 3.00 2,904 $440.77 1968 PV13167454 10/29/13 60

29177 Oceanridge DR $1,345,000 5 4.00 3,090 $435.28 1968 PV13165495 10/25/13 59

5541 Mistridge DR $1,376,000 5 4.00 3,186 $431.89 1967 SB13181492 10/30/13 10

Average $1,234,333 5.0 3.50 2,693 $459 1968 60

View from La Cresta area – Del Cerro Park

Number of Properties listed for sale as of 12/31/13: 2 ( 1 month of inventory based on the average number of homes per month sold in the quarter of 2 ) Click Here for Current Properties for Sal

Average List Price at 12/31/13: $ 1.1 million

Average Price per Sq. Ft. for Properties Sold during 4th Qtr: $459 per sq. ft., a 16% 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 https://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.