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 4th Quarter of 2010 :
Properties Sold: 5
Address Sales Price BR BA Sq.ft. $/Sq.ft Yr.Blt. MLS# Sold Date Days on Mkt.
5314 Middlecrest RD $1,350,000 4 4.00 2,788 $484.22 1958 S10097755 12/10/10 40
28857 Crestridge RD $1,450,000 4 3.00 2,566 $565.08 1959 V10094261 12/23/10 103
18 Santa Catalina $1,800,000 4 3.00 3,317 $542.66 1986 V10047366 10/25/10 173
22 Via Costa Verde $1,950,000 5 6.00 5,630 $346.36 1991 V10056997 10/01/10 117
5964 Ocean Terrace DR $2,450,000 4 4.00 4,541 $539.53 1981 F1861298 12/29/10 10
Properties for Sale as of 12/31/10: 9
View from La Cresta area – Del Cerro Park
Average List Price at 12/31/10: $ 1.6 million
Average Sales Price of homes sold during 4th quarter: $ 1.8 million
Average Price per Sq. Ft. for Properties Sold during 4th Qtr: $ 496 per sq. ft.
Properties sold at an average of 95% of List Price
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