The La Cresta area of Rancho Palos Verdes and Rolling Hills Estates( area 172 in map below )had the following real estate market activity for single family residences during the 1st Quarter of 2010 :

Properties Sold: 6

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

21 Pepper Tree LN $950,000 3 3.00 2,546 $373 2002 V09025148 1/25/10 150

25 San Clemente DR $1,776,000 6 5.50 4,269 $416 1985 09410373 2/18/10 59

34 San Clemente DR $2,075,000 4 4.00 3,959 $524 1983 V09057174 2/26/10 121

3 Burrell LN $2,175,000 5 5.00 4,582 $475 1982 V09059994 3/30/10 291

23 Hillcrest Manor $2,200,000 4 5.00 4,124 $533 1998 V09123665 2/19/10 91

6246 Ocean Terrace DR $2,600,000 4 5.00 4,015 $648 1981 V09127013 1/08/10 5

Properties for Sale as of 3/31/10: 6

View from La Cresta
View from La Cresta area – Del Cerro Park – (Photo by Ed Shea / PVNET. )

Average List Price at 3/31/10: $ 2.0 million

Average Sales Price of homes sold during 1st quarter: $ 2.0 million

Average Price per Sq. Ft. for Properties Sold during 1st Qtr: $ 495 per sq. ft.

Properties sold at an average of 94% of List Price

For more information on buying or selling real estate in the La Cresta area of Rolling Hills Estates and Rancho Palos Verdes visit my website at https://www.maureenmegowan.com

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.