Country Club Area of Rancho Palos Verdes 4th Quarter 2009 Real Estate Market Report

ByMaureen Megowan Knowledge

The Country Club area of Rancho Palos Verdes (area 171 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.

30323 Cartier DR $950,000 4 3.00 2,401 $396 1962 S09081027 10/06/09 9

7127 Crest RD $1,360,000 4 3.00 2,744 $ 496 1966 P703447 12/23/09 91

7241 Avenida Altisima $1,450,000 4 3.00 2,951 $491 1969 S09026189 10/23/09 121

30045 Avenida Esplendida $1,470,000 4 3.00 3,341 $440 1975 S09078561 11/13/09 101

7030 Crest DR $1,650,000 5 4.00 3,584 $460 1968 S09078594 10/15/09 51

30471 Camino Porvenir $1,839,999 4 3.00 3,323 $554 1973 S09101889 12/18/09 46

Properties for Sale as of 12/3109: 5

Average List Price at 12/31/09: $ 1.6 million

Average Sales Price of homes sold during 4th quarter: $ 1.5 million

Average Price per Sq. Ft. for Properties Sold during 4th Qtr: $ 473 per sq. ft.

Properties sold at an average of 94% of List Price

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