Lunada Bay Area of PVE 4th 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 4th Quarter of 2009:

Properties Sold: 10

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

2337 Via Rivera $875,000 4 3.00 1,614 $542 1955 S592565 11/25/09 49

2224 Via Anacapa $1,005,000 3 2.00 2,087 $482 1958 V09050039 10/09/09 149

1209 Via Coronel $1,040,000 3 3.00 1,859 $559 1939 V09004022 12/01/09 291

2516 Chelsea RD $1,100,000 3 3.00 2,278 $483 1955 V09089078 12/02/09 81

2220 Chelsea RD $1,150,000 3 2.00 1,922 $598 1951 V09064932 10/09/09 87

2365 Via Anacapa $1,150,000 4 3.00 2,491 $462 1950 V09057343 11/06/09 110

1113 Via Zumaya $1,200,000 3 3.00 2,566 $468 1976 V09016560 11/10/09 183

1533 Addison Rd $1,275,000 3 3.00 2,265 $563 1948 V09099233 11/19/09 18

2412 Via Carrillo $1,400,000 5 3.00 2,621 $534 1965 S09092024 12/11/09 92

1904 Via Estudillo $1,565,000 5 3.00 3,062 $511 1973 V09104289 12/04/09 67

Properties for Sale as of 12/31/09: 25

Average List Price at 12/31/09: $2.1 million

Average Sales Price of homes sold during 4th quarter: $1.2 million

Average Price per Sq. Ft. for Properties Sold during 4th Qtr: $ 520 per sq. ft.

Properties sold at an average of 96% of List Price