Palos Verdes Drive East Area of Rancho Palos Verdes 3rd Quarter 2011 Real Estate Market Report

The Palos Verdes Dr. East area of Rancho Palos Verdes( area 167 in map below )had the following real estate market activity for single family residences during the3rd Quarter of 2011 :

Properties Sold: 25 ( A substantial increase from the 10 homes sold last quarter)

Address PriceBd BthSq ft$/SqYr. Blt.MLS# Date of SaleDays on Market

6457 Via De Anzar $550,000 2 2.00 1,186 $463.74 1944 S100339007/22/11 392

6459 Via De Anzar $735,000 3 2.00 1,938 $379.26 1943 S10033923 7/22/11423

6273 Via Canada $755,000 3 2.00 1,339 $563.85 1940 V110603927/20/1156

2286 Sparta DR $755,000 3 3.00 2,308 $327.12 1960 P777691 8/04/11 54

4128 Miraleste DR $765,000 3 2.00 1,878 $407.35 1936 V110411679/23/11 178

2465 Rue Le Charlene $800,000 4 3.00 2,470 $323.89 1969 S110704488/05/11 7

7 Headland DR $803,000 5 5.00 2,896 $277.28 1950 V11016411 7/29/11 48

6411 Via De Anzar $840,000 4 3.00 2,216 $379.06 1969 V110465097/01/11 62

28428 Cayuse LN $851,000 3 3.00 2,500 $340.40 1960 S110893129/29/1110

4 Goldenspur LN $905,000 4 2.00 2,354 $384.45 1962 S110812548/30/1166

17 Bronco DR $907,100 4 3.00 2,915 $311.18 1957 S11062036 7/01/11 40

37 Rockinghorse RD $944,000 4 2.00 2,442 $386.57 1954 V11069539 7/11/11 40

6516 Via Colinita $950,000 4 3.00 2,932 $324.01 1965 V110160677/26/11137

15 Stirrup RD$970,000 3 2.00 2,560 $378.91 1955 V111066089/30/11 35

2347 Colt RD$975,000 3 3.00 2,619 $372.28 1962 S11083009 9/29/11 86

28210 Palos Verdes DR $1,033,000 5 3.00 2,982 $346.41 1976 V110474768/10/11 112

6541 Via Lorenzo $1,080,000 3 3.00 3,200 $337.50 1933 S110701178/31/11 56

6509 Palos Verdes DR$1,085,000 3 3.00 1,821 $595.83 1951 V110464597/26/1192

2345 Rue Le Charlene$1,110,000 4 3.00 3,140 $353.50 1969 S101156867/19/11213

20 La Vista Verde DR $1,120,000 6 5.00 2,909 $385.01 1953 V11064987 8/05/1171

39 Rockinghorse RD $1,150,000 4 4.00 4,409 $260.83 1960 115313118/17/1128

12 Toprail LN$1,250,000 3 3.00 2,582 $484.12 1956 V110651187/01/11 38

20 Rockinghorse RD$1,340,000 3 2.00 1,950 $687.18 1958 S11055035 7/29/11 28

6424 Via Colinita$1,457,500 3 3.00 3,514 $414.77 1932 V10105830 9/20/11 324

30423 Miraleste (Rich Ln) DR2,800,000 4 4.00 5,139 $544.85 2006 V110252689/07/11 190

Average Sales Price of homes sold during3rd quarter:$ 1.0million

Properties for Sale as of 9/30/11: 24

Average List Price at 9/30/11: $1.7 million

Average Price per Sq. Ft. for Properties Sold during3rdQtr: $401per sq. ft.

Properties sold at an average of 91% of List Price