Monte Malaga Palos Verdes Estates 1st Quarter 2009 Market Report

The Monte Malaga area of Palos Verdes Estates had the following real estate market activity during the 1st Quarter of 2009:

Properties Sold: 5

Properties for Sale as of 3/31/09: 19

Average List Price at 3/31/09: $4.4 million

Average Sales Price of homes sold during 1st quarter: $1.4 million

Average Price per Sq. Ft. for Properties Sold during 1st Qtr: $ 477 per sq. ft.

Properties sold at an average of 92% of List Price

Montemalaga

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