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Norma Toering's La Cresta Neighborhood Real Estate Report January 2009 Rancho Palos Verdes, CA - REMAX Palos Verdes

By
Real Estate Broker/Owner with Charlemagne International Properties BRE# 01147470

Located near the top of the Palos Verdes Peninsula the La Cresta neighborhood enjoys some panoramic views and close proximity to shopping, dining and entertainment. It is a short drive to beaches and freeways.

La Cresta real estate and home sales statistics for January 2009:

Active Listings: 16 Single Family Homes are listed for sale priced from $990,000 to $3,295,000.

Pending Sales: 3 Homes are in escrow priced from $1,295,000 to $2,250,000.

January Sales: 0

At the current absorption rate the La Cresta neighborhood has approximately a five month supply of homes for sale. This places the area in a balanced market--and does not favor either the buyer or the seller.

Norma Toering & Team RE/MAX Palos Verdes Realty
(310) 493-8333 / Office Phone: (310) 831-0800

South Bay Los Angeles cities I sell real estate, property, houses and homes in: Palos Verdes Estates, Rolling Hills, Rolling Hills Estates, Rancho Palos Verdes, San Pedro, Long Beach, Torrance, Lomita, Redondo Beach, Hermosa Beach and Manhattan Beach.


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