Palos Verdes Dr. South Area of Rancho Palos Verdes 2nd Quarter 2010 Real Estate Market Report

The Palos Verdes Dr. South area of Rancho Palos Verdes (area 169 in map below )had the following real estate market activity for single family residences during the 2nd Quarter of 2010 :

Properties Sold: 5

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

4017 Stalwart $860,000 3 2.00 1,969 $436.77 1960 V10050281 6/16/10 31

32406 Conqueror DR $865,000 3 3.00 2,209 $391.58 1960 S09056570 4/23/10 300

6140 Arrowroot LN $920,000 3 2.00 2,471 $372.32 1951 V09119510 5/28/10 194

8 Roseapple RD $1,200,000 4 3.00 1,913 $627.29 1953 S10049040 6/21/10 11

6516 Via Baron $1,462,000 4 5.00 4,596 $318.10 1984 S10044552 6/15/10 17

Properties for Sale as of 6/30/10 23

Average List Price at 6/30/10: $ 2.5 million

Average Sales Price of homes sold during 2nd quarter: $ 1.1 million

Average Price per Sq. Ft. for Properties Sold during 2nd Qtr: $ 429 per sq. ft.

Properties sold at an average of 93% of List Price