Crest Area of Rancho Palos Verdes and Rolling Hills Estates 4th Quarter 2009 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 4th Quarter of 2009 :

Properties Sold: 6

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

29320 Northbay RD $965,000 3 3.00 2,052 $470 1963 V09067573 10/06/09 108

28511 Quailhill DR $1,085,000 4 3.00 2,244 $484 1969 V09088221 10/16/09 69

28921 Indian Valley RD $1,103,800 3 3.00 2,436 $453 1964 V09086294 10/07/09 49

29303 Stadia Hill LN $1,150,000 4 3.00 2,466 $466 1968 S08035707 10/15/09 532

5840 Scotwood $1,365,000 5 4.00 3,130 $436 1970 V09081363 10/02/09 26

28835 Doverridge DR $1,500,000 5 3.00 2,940 $510 1969 S09088858 10/14/09 10

Properties for Sale as of 12/31/09: 3

Average List Price at 12/31/09: $ 1.1 million

Average Sales Price of homes sold during 4th quarter: $ 1.2 million

Average Price per Sq. Ft. for Properties Sold during 4th Qtr: $ 470 per sq. ft.

Properties sold at an average of 98% of List Price

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