Monte Malaga Area of PVE 4th Quarter 2009 Real Estate Market Report

The Monte Malaga area of Palos Verdes Estates ( area 162 in map below )had the following real estate market activity for single family residences during the 4th Quarter of 2009:

Properties Sold: 10

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

2209 Via Alamitos $970,000 4 2.00 2,039 $476 1961 V09099000 11/13/09 40

1508 Granvia Altamira $1,152,000 3 2.00 1,637 $704 1962 S09112249 12/01/09 42

2112 Via Alamitos $1,170,000 3 3.00 2,758 $424 1964 S09019675 10/02/09 223

1609 Granvia Altamira $1,300,000 5 4.00 3,100 $419 1970 S960880 11/13/09 522

1108 Via Nogales $1,750,000 5 5.00 3,628 $482 2008 S08088517 1 0/09/09 322

1417 Via Cataluna $1,826,000 4 4.00 2,980 $613 1963 V09099564 11/17/09 43

939 Paseo La Cresta $2,500,000 5 6.00 4,642 $539 1976 V09092110 12/14/09 59

912 Via Rincon $5,920,000 6 7.00 8,000 $740 1985 S09109896 12/17/09 64

1733 Via Coronel $6,400,000 7 9.00 10,700 $598 2003 S09022290 12/09/09 290

1515 Lower Paseo La Cre $6,400,000 6 7.00 10,132 $632 2008 S08162320 10/15/09 298

Properties for Sale as of 12/31/09: 17

Average List Price at 12/31/09: $4.9 million

Average Sales Price of homes sold during 4th quarter: $2.9 million

Average Price per Sq. Ft. for Properties Sold during 4th Qtr: $ 563 per sq. ft.

Properties sold at an average of 95% of List Price