Lunada Bay Area of Palos Verdes Estates 4th Quarter 2012 Real Estate Market Report

The Lunada Bay area of Palos Verdes Estates ( area 160 in map below )had the following real estate market activity for single family residences during the 4th Quarter of 2012:

Properties Sold: 21

Address Price BR BA Sq.ft. $/Sq.ft Date Blt MLS # Closing Date Days on Market

1012 Via Romero $1,022,000 3 2.00 2,111 $484.13 1963 V12087600 10/31/12 108

2833 Palos Verdes DR W $1,050,000 4 2.00 2,381 $440.99 1963 V12104049 12/21/12 121

2516 Palos Verdes DR W $1,075,000 4 3.00 2,301 $467.19 1957 V12112571 10/18/12 27

909 Via Mirola $1,085,000 4 3.00 1,924 $563.93 1956 V12087924 12/07/12 197

1305 Via Zumaya $1,175,000 4 3.00 3,106 $378.30 1976 V12096644 11/30/12 238

2633 Via Valdez $1,200,000 4 3.00 3,001 $399.87 9908 H12036085 11/29/12 266

1733 Dalton RD $1,350,000 4 3.00 2,514 $536.99 1971 V12061039 11/09/12 157

3005 Via Rivera $1,379,000 4 4.00 2,980 $462.75 1972 SB12139620 12/14/12 23

1008 Via Fortuna $1,390,000 5 3.00 3,136 $443.24 1965 S12116342 10/17/12 3

1133 Via Zumaya $1,400,000 4 4.00 3,449 $405.91 1979 S12116185 11/16/12 58

2032 Via Pacheco $1,425,000 4 4.00 3,841 $371.00 1976 SB12126541 12/27/12 75

2425 W Palos Verdes DR W $1,450,000 4 4.00 3,261 $444.65 1996 V12068624 10/03/12 86

1713 Via Boronada $1,485,000 5 4.00 3,034 $489.45 1963 V12110956 10/17/12 32

2136 Chelsea RD $1,551,000 3 3.00 2,001 $775.11 1957 PV12131316 12/12/12 37

2333 Chelsea RD $1,695,000 4 3.00 2,112 $802.56 1962 V12112513 10/31/12 10

1453 Via Coronel $1,735,000 4 3.00 3,928 $441.70 1977 V12119271 11/30/12 64

2863 Via Victoria $1,800,000 5 5.00 5,406 $332.96 1981 V12054357 11/07/12 1,177

2108 Paseo Del Mar $2,000,000 4 3.00 2,255 $886.92 1956 V12126154 11/14/12 0

1121 Via Zumaya $,650,000 5 5.00 4,115 $643.99 2005 S12118202 11/20/12 54

2100 Paseo Del Mar $2,725,000 5 3.00 3,668 $742.91 1955 S12125111 11/30/12 55

145 Rocky Point RD $5,000,000 5 6.00 5,178 $965.62 2002 V11119364 11/14/12 414

Average $1,697,238 4.0 3.50 3,129 $537 52

Average Sales Price of homes sold during 4th quarter: $1.7 million

Properties for Sale as of 12/31/12: 9 ( equal to an approx. 1 month inventory based upon average monthly sales of 7 for the quarter). The number of homes for sale is down approx. 55% from a year ago. Click Here for Current Properties Listed for sale.

Dec. 12 Nov. 12 % Change Curnt vs. Prev Month Dec. 12 Dec. 11 % Change Curnt vs. Same Month 1 Yr Ago Oct. 12 to Dec. 12 Oct. 11 to Dec. 11 % Change Curnt vs. Same Qtr 1 Yr Ago For Sale 9 15 -40% 9 20 -55% 14 28 -50% Sold 5 10 -50% 5 3 66.7% 7 5 40% Pended 4 6 -33.3% 4 2 100% 6 3 100%

Average List Price at 12/31/12: $2.5 million

Average Price per Sq. Ft. for Properties Sold during 4th Qtr: $ 537 per sq. ft. ( an approx. 9% increase from the comparable period last year )

Dec. 12 Nov. 12 % Change Curnt vs. Prev Month Dec. 12 Dec. 11 % Change Curnt vs. Same Month 1 Yr Ago Oct. 12 to Dec. 12 Oct. 11 to Dec. 11 % Change Curnt vs. Same Qtr 1 Yr Ago Avg. Sq. Ft. Price 494 574 -13.9% 494 519 -4.8% 537 491 9.2%

Properties sold at an average of 95% of List Price