Valmonte Area of Palos Verdes Estates 2nd Quarter 2013 Real Estate Market Report

The Valmonte area of Palos Verdes Estates ( Area 164 in map below ) had the following real estate market activity for single family residences during the 2nd Quarter of 2013:

Properties Sold: 8

Address Sales Price Bd Bth Sqft $/Sq Yr Built ML# Sold Date Days on Market

3717 Via La Selva $977,000 3 2.00 1,461 $668.72 1952 PV13072766 6/10/13 1

4016 Via Nivel $995,000 3 2.00 1,456 $683.38 1955 PV13060912 4/30/13 5

204 Via Navajo $1,130,000 3 2.00 1,813 $623.28 1952 SB13041084 4/15/13 36

2517 Via Anita $1,360,000 4 3.00 2,192 $620.44 1952 PV13026853 4/09/13 20

3137 Via La Selva $1,495,000 3 3.00 2,561 $583.76 2001 PV13077086 6/25/13 14

4433 Lucera CR $1,785,000 5 4.00 3,998 $446.47 1978 PV13020915 4/25/13 128

3417 Via Palomino $2,188,000 5 4.00 3,340 $655.09 1951 PV13005448 5/01/13 149

4032 Via Largavista $2,250,000 4 4.00 3,423 $657.32 2005 SB13072498 6/12/13 66

Average $1,522,500 4.0 3.00 2,531 $598 52

Average Sales Price of homes sold during 2nd quarter:$ 1.5 million

Properties for Sale as of 6/30/2013: 5 . Based on average sales per month for the 2nd quarter of 3 homes sold, equal to approx. 2 months inventory. Click Here for Current Properties for Sale

Average List Price at 6/30/2013: $1.6 million

Average Price per Sq. Ft. for Properties Sold during 2nd Qtr: $ 598 per sq. ft., a 12% increase over the prior years comparable quarter.

Jun. 13 May. 13 Curnt vs. Prev Month % Change Jun. 13 Jun. 12 Curnt vs. Same Month 1 Yr Ago % Change Apr. 13 to Jun. 13 Apr. 12 to Jun. 12 Curnt vs. Same Qtr 1 Yr Ago % Change Avg. Sq. Ft. Price 634.3 655.1 -3.2% 634.3 535.3 18.5% 598.3 534.7 11.9%

Properties Sold for an average of 99% or original List Price