Lunada Bay Area of PVE 2nd Quarter 2010 Real Estate Market Report

The Lunada Bay area of Palos Verdes Estates ( area 160 in map below )had the following real estate market activity for single family residences during the 2nd Quarter of 2010:

Properties Sold: 20

Address Sales Price BR BA Sq.ft. $/Sq.ft

2136 Chelsea RD $1,045,000 3 2.00 1,676 $623.51

1253 Via Romero $1,070,000 4 3.00 2,422 $441.78

2610 Via Pacheco $1,100,000 3 2.00 1,721 $639.16

2557 Via Sanchez $1,150,000 4 3.00 2,212 $519.89

2332 Via Anacapa $1,170,000 3 3.00 1,922 $608.74

3017 W Palos Verdes DR $1,180,000 4 3.00 1,983 $595.06

1229 Via Coronel $1,250,000 4 3.00 2,425 $515.46

2540 Via Olivera $1,330,000 4 4.00 3,562 $373.39

2644 Via Carrillo $1,502,000 4 3.00 2,760 $544.20

2937 Via Pacheco $1,550,000 5 3.00 3,007 $515.46

1232 Via Coronel $1,585,000 4 3.00 3,326 $476.55

2209 Paseo Del Mar $1,650,000 4 4.00 3,031 $544.37

2308 Via Olivera $1,668,000 5 4.00 3,254 $512.60

700 Avenida Mirola $1,750,000 5 3.00 3,190 $548.59

2857 Via Victoria $1,800,000 5 4.00 4,352 $413.60

600 Via Estrada $1,910,000 4 4.00 3,250 $587.69

1477 Via Coronel $1,950,000 5 4.00 4,279 $455.71

2916 Paseo Del Mar $2,000,000 4 5.00 3,870 $516.80

2201 Chelsea RD $2,250,000 5 5.00 4,424 $508.59

2720 Paseo Del Mar $2,770,000 4 5.00 5,504 $503.27

Properties for Sale as of 6/30/10: 38

Average List Price at 6/30/10: $2.2 million

Average Sales Price of homes sold during 2nd quarter: $1.6 million

Average Price per Sq. Ft. for Properties Sold during 2nd Qtr: $ 522 per sq. ft.

Properties sold at an average of 96% of List Price