Silver Spur Area of Rancho Palos Verdes and Rolling Hills Estates 2nd Quarter 2010 Real Estate Market Report

The Silver Spur area of Rancho Palos Verdes and Rolling Hills Estates (Area 176 in map below) had the following real estate market activity for single family residences during the 2nd Quarter of 2010 :

Properties Sold: 9

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

26545 Mazur DR $785,000 4 2.00 2,034 $385.94 1956 S10039577 6/11/10 10

5938 Flambeau RD $825,000 3 2.00 1,662 $496.39 1959 S10001027 4/14/10 92

5332 Ironwood ST $827,500 3 2.00 1,723 $480.27 1956 V10003147 4/29/10 98

26418 Dunwood $850,000 3 2.00 1,637 $519.24 1956 V10038665 5/27/10 20

27108 Freeport RD $860,000 4 2.00 1,670 $514.97 1958 S10039239 5/05/10 19

3 Silver Spring DR $899,000 3 2.00 1,595 $563.64 1957 V10044781 6/18/10 6

27016 Springcreek RD $970,000 4 3.00 2,183 $444.34 1960 T09112031 4/07/10 137

26411 Birchfield AV $1,121,250 4 3.00 2,700 $415.28 1956 V10036339 5/17/10 7

5127 Bluemound RD $1,300,000 4 3.00 2,651 $490.38 1956 V10027790 4/28/10 13

Properties for Sale as of 6/30/10: 7

Average List Price at 6/30/10: $ .9 million

Average Sales Price of homes sold during 2nd quarter: $ .9 million

Average Price per Sq. Ft. for Properties Sold during 2nd Qtr: $ 479 per sq. ft.

Properties sold at an average of 97% of List Price

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