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 2011 :

Properties Sold: 1

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

11 Horseshoe LN $1,570,000 4 4.00 3,024 $519.18 1979 V11003350 3/10/11 43

Number of Properties liste3d for sale as of 3/31/11: 12

View from La Cresta area – Del Cerro Park

Average List Price at 3/31/11: $ 2.1 million

Average Sales Price of homes sold during 1st quarter: $ 1.6 million

Average Price per Sq. Ft. for Properties Sold during 1st Qtr: $ 519 per sq. ft.

Properties sold at an average of 98% of List Price

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.