Valmonte Area of Palos Verdes Estates 1st Quarter 2013 Real Estate Market Report

The Valmonte area of Palos Verdes Estates ( Area 164 in map below ) had the following real estate market activity for single family residences during the 1st Quarter of 2013:

Properties Sold: 7

Address Sales Price Bd Bth Sqft $/Sq Built ML# Sold Date Days on Market

4109 Via Picaposte $1,015,000 3 2.00 1,937 $524.01 1950 SB12128283 1/04/13 58

4312 Via Alondra $1,030,000 3 3.00 2,670 $385.77 1955 PV12136747 2/28/13 95

4125 Via Largavista $1,600,000 3 3.00 2,409 $664.18 1952 SB12152406 2/06/13 51

3624 Navajo PL $1,675,000 4 3.00 2,348 $713.37 1940 PV13036237 3/27/13 17

4445 Via Pinzon $ 1,730,000 4 4.00 3,410 $507.33 2006 PV13003288 3/04/13 189

3806 Via Palomino $2,195,000 4 4.00 3,377 $649.99 1952 PV13005470 3/14/13 36

2928 Via La Selva $2,499,000 4 5.00 4,750 $526.11 1941 V12070151 3/01/13 263

Average $1,677,714 4.0 3.40 2,986 $567 101

Average Sales Price of homes sold during 1st quarter:$ 1.7 million

Properties for Sale as of 3/31/2013: Only 2 ( A huge decrease from the 15 properties for sale at the end of November 2011 ). Click Here for Current Properties for Sale

Mar. 13 Feb. 13 Curnt vs. Prev Month % Change Mar. 13 Mar. 12 Curnt vs. Same Month 1 Yr Ago % Change Jan. 13 to Mar. 13 Jan. 12 to Mar. 12 Curnt vs. Same Qtr 1 Yr Ago % Change For Sale 2 2 0% 2 6 -66.7% 2 6 -66.7% Sold 4 2 100% 4 3 33.3% 2 5 -60% Pended 2 2 0% 2 5 -60% 3 2 50%

Average List Price at 3/31/2013: $1.9 million

Average Price per Sq. Ft. for Properties Sold during 1st Qtr: $ 558 per sq. ft., a 17% increase over the prior years comparable quarter.

Mar. 13 Feb. 13 Curnt vs. Prev Month % Change Mar. 13 Mar. 12 Curnt vs. Same Month 1 Yr Ago % Change Jan. 13 to Mar. 13 Jan. 12 to Mar. 12 Curnt vs. Same Qtr 1 Yr Ago % Change Avg. Sq. Ft. Price 583.3 517.8 12.6% 583.3 392.2 48.7% 557.6 478.7 16.5%

Properties Sold for an average of 93% or original List Price