Mira Catalina Area of Rancho Palos Verdes 3rd Quarter 2012 Real Estate Market Report

The Mira Catalina area of Rancho Palos Verdes ( area 168 in map below ) had the following real estate market activity for single family residences during the 3rd Quarter of 2012 :

Properties Sold:7

AddressPrice Bd Bth Sq ft $/Sq Yr. Blt. MLS# Date of Sale Days on Market

3520 Bendigo DR $729,000 4 3.00 2,615 $278.78 1965 S12078483 7/23/12 2

3675 Cliffsite DR $759,500 4 3.00 2,244 $338.46 1969 S12021802 9/26/12 188

30637 Ganado DR $835,000 4 2.00 2,074 $402.60 1967 V12072832 7/19/1242

3420 Coolheights $1,100,000 4 3.00 2,244 $490.20 1969 V12078811 8/03/12 41

3626 Coolheights DR $1,190,000 4 3.00 2,244 $530.30 1970 22165002 9/20/12 102

3754 Falconhead DR $1,375,000 5 5.00 3,782 $363.56 1970 V12107424 9/28/12 23

2903 Vista Del Mar$3,300,000 5 7.00 7,088 $465.58 1984 V12030413 7/17/12 110

Average$1,326,929 4.0 3.70 3,184 $41073

Average Sales Price of homes sold during 3rd quarter: $1.3 million

Properties for Sale as of 9/30/125 ( equal to about3 months inventory ) Click Here for Current Properties For Sale

Sep. 12 Aug. 12 Curnt vs. Prev Month % Change Sep. 12 Sep. 11 Curnt vs. Same Month 1 Yr Ago % Change Jul. 12 to Sep. 12 Jul. 11 to Sep. 11 Curnt vs. Same Qtr 1 Yr Ago % Change For Sale 5 6 -16.7% 5 8 -37.5% 5 9 -44.4% Sold 3 1 200% 3 1 200% 2 1 100% Pended 3 2 50% 3 0 N/A 2 1 100%

Average List Price at 9/30/12 $1.7 million

Average Price per Sq. Ft. for Properties Sold during 3rd Qtr: $419 per sq. ft.

Curnt vs. Prev Month Curnt vs. Same Month 1 Yr Ago Curnt vs. Same Qtr 1 Yr Ago Sep. 12 Aug. 12 % Change Sep. 12 Sep. 11 % Change Jul. 12 to Sep. 12 Jul. 11 to Sep. 11 % Change Avg. Sq. Ft. Price 402 490 -18% 402 386 4.2% 419 423 -0.8%

Properties sold at an average of 94% of Original List Price