Crest Area of Rancho Palos Verdes and Rolling Hills Estates 3rd Quarter 2010 Real Estate Market Report

The Crest area of Rancho Palos Verdes and Rolling Hills Estates ( Area 174 in map below )had the following real estate market activity for single family residences during the 3rd Quarter of 2010 :

Properties Sold: 8

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

28602 Coveridge Dr., $940,000 3 3.00 1,985 $473.55 1972 S10082246 9/28/10 49

5687 Mistridge DR $975,000 5 4.00 2,512 $388.14 1968 V10055926 9/01/10 72

28526 Coveridge DR $999,000 4 3.00 2,122 $470.78 1972 V10081128 9/30/10 34

29315 Stonecrest Road $1,095,000 4 3.00 2,166 $505.54 1968 V10078979 9/03/10 2

6022 Moongate DR $1,120,000 4 3.00 2,244 $499.11 1969 V10057682 7/13/10 8

28804 Leah Circle $1,155,000 4 3.00 2,684 $430.33 1970 V10076853 9/17/10 61

5557 Seaside Heights DR $1,242,250 4 4.00 3,035 $409.31 1966 V10063513 9/23/10 69

28423 Covecrest DR $1,445,000 5 3.00 3,306 $437.08 1968 S10070105 8/10/10 10

Properties for Sale as of 9/30/10: 8

Average List Price at 9/30/10: $ 1.2 million

Average Sales Price of homes sold during 3rd quarter: $1.1 million

Average Price per Sq. Ft. for Properties Sold during 3rd Qtr: $ 452 per sq. ft.

Properties sold at an average of 97% of List Price