2012 Palos Verdes homes sales for the La Cresta neighborhood increased from 2011 – 37 single family homes sold in 2012 compared to 20 in 2011 – an increase of 85%!. Price per square foot for La Cresta houses that sold in 2012 decreased to $430 compared to $447 in 2011. Average sales price for LaCresta homes sold in 2012 was $1,580,993 compared to $1,737,289 in 2011. The most expensive home sold for $2,500,000 and the lowest priced home sold for $835,000.
Currently, the La Cresta neighborhood has 10 active Palos Verdes homes for sale. There are 10 single family homes for sale ranging from $1,390,000 for a 3 bedroom/3 bath, 2,369 square foot home to $3,100,000 for a 5 bedroom/5 bath, 5,350 square foot home.
For background and history on La Cresta Multiple Listing Area 172, please click here to read my prior article on this neighborhood.
To view current Palos Verdes real estate statistics for the entire Peninsula, please click here or on the “Statistics” tab above.
Photo above of Del Cerro Park located in the La Cresta neighborhood