Crest Area of Rancho Palos Verdes and Rolling Hills Estates 2nd 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 2nd Quarter of 2010 :

Properties Sold: 7

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

5609 Seaside Heights DR $950,000 3 2.00 1,988 $477.87 1966 S10048560 6/21/10 2

5618 Scotwood DR $970,000 5 3.00 2,468 $393.03 1965 V10045985 4/30/10 0

29289 Whitley Collins $1,100,000 5 3.00 2,488 $442.12 1963 V09022484 6/15/10 420

29281 Whitley Collins DR $1,139,000 4 3.00 2,448 $465.28 1963 V10052525 6/23/10 4

28924 Moro Bay DR $1,200,000 5 4.00 3,677 $326.35 1966 V09121729 4/23/10 118

28424 Meadowmist DR $1,210,000 4 3.00 2,534 $477.51 1967 V10016559 4/21/10 17

6417 Parklynn DR $1,228,000 4 3.00 2,634 $466.21 1968 V10028240 5/11/10 15

Properties for Sale as of 6/30/10: 8

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Average List Price at 6/30/10: $ 1.0 million

Average Sales Price of homes sold during 2nd quarter: $1.1 million

Average Price per Sq. Ft. for Properties Sold during 2nd Qtr: $ 435 per sq. ft.

Properties sold at an average of 98% of List Price

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