Lunada Bay Area of PVE 3rd Quarter 2009 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 3rd Quarter of 2009:

Properties Sold: 16

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

2140 Via Estudillo $900,000 4 3.00 1,956 $460 1956 V09048963 9/12/09 134

2657 Via Pacheco $1,175,000 4 4.00 2,134 $551 1955 V09081749 8/20/09 19

1717 Via Estudillo $1,215,000 4 4.00 2,465 $493 1955 V08154280 8/05/09 304

2201 Thorley PL $1,300,000 3 2.00 1,558 $834 1948 V09081384 9/03/09 40

608 Epping RD $1,305,000 5 3.00 3,120 $418 1975 V09018421 8/28/09 196

3005 Via Rivera $1,370,000 4 4.00 2,980 $460 1972 V09041911 7/30/09 71

2401 Via Rivera $1,400,000 4 3.00 2,247 $623 1954 V09047212 8/03/09 98

2205 Paseo Del Mar $1,425,000 4 3.00 2,536 $562 1955 V09047008 7/31/09 38

1240 Via Landeta $1,499,000 5 4.00 3,601 $416 1973 S09011772 8/05/09 123

2561 Via Sanchez $1,501,500 5 4.00 3,384 $444 1974 V09025032 7/23/09 143

2140 Chelsea RD $1,580,000 4 3.00 2,638 $599 1956 V09068093 8/18/09 51

1532 Paseo Del Mar $1,800,000 4 3.00 2,777 $648 1955 V09007303 8/04/09 166

1500 Via Asturias $2,410,000 5 5.00 5,249 $459 1978 V09023867 7/17/09 138

1640 Chelsea RD $2,625,000 5 4.00 3,573 $735 1962 V09061906 7/21/09 30

1425 Via Galicia $3,600,000 5 7.00 5,600 $643 2004 S09004569 9/22/09 251

2725 Via Oleadas $5,000,000 4 4.00 3,568 $1,401 1971 V09077758 8/13/09 22

This was a significant increase from the 10 properties sold during the 2nd Quarter of 2009

Properties for Sale as of 9/30/09: 31

Average List Price at 9/30/09: $2.2 million

Average Price per Sq. Ft. for Properties Sold during 3rd Qtr: $ 609 per sq. ft.

Properties sold at an average of 95% of List Price