TheCrest area of Rancho Palos Verdes and Rolling Hills Estates( area 174 in map below )had the followingreal estate market activity for single family residences during the 4th Quarter of 2014:

Properties Sold: 7

View from Crest area – Del Cerro Park

Number of Properties listed for sale as of 12/31/2014: 2 ( Less than 1 month of inventory based on the average number of homes per month sold in the quarter of 2 )

Average List Price at 12/31/2014: $ 1.3 million

Average Price per Sq. Ft. for Properties Sold during 4th Qtr: $499 per sq. ft.,

a 8% increase over last years comparable quarter.

Properties Sold for an Average of 96% of list price during the quarter:

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 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.