Silver Spur Area of Rancho Palos Verdes and Rolling Hills Estates 2nd Quarter 2009 Real Estate Market Report

TheSilver Spurarea of Rancho Palos Verdes and Rolling Hills Estates (Area 176 in map below)had the following real estate market activity during the2nd Quarter of 2009 :

Properties Sold: 7

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

5915 Flambeau RD $730,000 3 2.00 1,442 $506 1959 S08173752 4/29/09 79

5183 Willow Wood RD$754,000 3 2.00 1,395 $541 1956 S09046367 5/29/09 24

26941 Basswood AV $775,000 3 2.00 1,612 $481 1958 P675642 6/21/09 70

5510 Bayridge RD $790,000 3 2.00 1,312 $602 1956 V08043204 4/30/09 137

6032 Groveoak Place $810,000 4 2.00 1,670 $485 1960 S09007540 4/2/09 79

27004 Grayslake RD $840,000 3 2.00 1,442 $583 1960 V08173069 6/19/09 122

26517 Dunwood $1,100,000 4 5.00 1,950 $564 V090449674/24/090

Properties for Sale as of 6/30/09: 12

Silver Spur Homes

Average List Price at 6/30/09: $1.0 million

Average Sales Price of homes sold during2nd quarter:$.8 million

Average Price per Sq. Ft. for Properties Sold during2nd Qtr: $527 per sq. ft.

Properties sold at an average of 97% of List Price

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