Peninsula Center Area of Rolling Hills Estates and Rancho Palos Verdes 2nd Quarter 2009 Real Estate Market Report

ByMaureen Megowan Knowledge

The Peninsula Center area of Rancho Palos Verdes and Rolling Hills Estates (Area 175 in map below) had the following real estate market activity during the 2nd Quarter of 2009 :

Properties Sold: 6

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

4938 Golden Arrow DR $780,000 3 2.00 1,788 $436 1967 F1801498 6/24/09 100
27549 Fawnskin DR $861,500 3 2.00 1,593 $541 1959 V09047333 6/15/09 16
27966 Beechgate DR $875,000 3 3.00 1,896 $461 1967 V09004334 5/12/09 79
28012 Seashell WY $900,000 4 3.00 2,447 $368 1967 P681559 6/19/09 50
27509 Elmbridge DR $1,000,000 4 2.00 2,153 $464 1965 V09033897 5/7/09 32
5023 Delacroix RD $1,160,000 4 3.00 2,309 $502 1966 V09042665 6/19/09 58

Properties for Sale as of 6/30/09:7

Average List Price at 6/30/09: $ 1.2 million

Average Sales Price of homes sold during 2nd quarter: $ 1.0 million

Average Price per Sq. Ft. for Properties Sold during 2nd Qtr: $ 462 per sq. ft.

Properties sold at an average of 96% of List Price

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