Los Verdes Area of Rancho Palos Verdes 1st Quarter 2010 Real Estate Market Report

The Los Verdes area of Rancho Palos Verdes (Area 173 in map below) had the following real estate market activity for single family residences during the 1st Quarter of 2010 :

Properties Sold: 8

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

28301 San Nicolas DR $667,248 3 3.00 2,313 $288 1964 P699650 2/05/10 144

29126 Whites Point DR $800,000 4 2.00 1,539 $520 1971 V09121484 1/29/10 28

28051 Acana RD $825,000 4 2.00 1,816 $454 1962 V09125094 3/17/10 248

6965 Abbottswood DR $860,000 4 2.00 1,991 $432 1963 S09122129 1/08/10 40

6716 Birchman DR $950,000 3 2.00 1,920 $495 1963 V09126884 3/01/10 89

28035 Braidwood DR $1,020,000 5 3.00 2,262 $451 1964 09416917 2/10/10 13

6605 Abbottswood DR $1,118,000 4 3.00 3,033 $369 1967 S09097299 2/10/10 114

6636 Locklenna Lane $1,275,000 4 3.00 2,875 $443 1966 V09099073 2/19/10 155

Properties for Sale as of 3/31/10: 5

Los Verdes Street with Ocean View

Average List Price at 3/31/10: $ 1.1 million

Average Sales Price of homes sold during 1st quarter: $ .9 million

Average Price per Sq. Ft. for Properties Sold during 1st Qtr: $ 432 per sq. ft.

Properties sold at an average of 97% of List Price

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