2012 Palos Verdes homes sales for the Crest neighborhood increased from 2011 – 32 single family homes sold in 2012 compared to 23 in 2011; that is a 39% increase. Price per square foot for Crest houses that sold in 2012 decreased slightly to $410 compared to $413 in 2011. Average sales price for Crest homes sold in 2012 was $1,031,158 compared to $1,005,843 in 2011 – a 2.5% increase. The most expensive home sold for $1,285,000 and the lowest priced home sold for $700,000.
Currently, Crest neighborhood has 15 active Palos Verdes homes for sale. There are 12 condo/townhomes for sale ranging from $535,000 for a 2 bedroom/2 bath, 1,140 square foot home to $859,000 for a 3 bedroom/3 bath, 1,888 square foot townhome. There are 3 single family homes for sale ranging from $1,100,000 for a 4 bedroom/3 bath, 2,182 square foot home to $1,350,000 for a 4 bedroom/4 bath, 3,276 square foot home.
For background and history on Crest Multiple Listing Area 174, please click here to read my prior article on this neighborhood.
To view current Palos Verdes real estate statistics for the entire Peninsula click here or on the Statistics tab above.
Photo courtesy of the Norris Theatre
estate statistics for the entire Peninsula, please click here or on the “Statistics” tab above
