Palos Verdes Drive North Area of Palos Verdes Peninsula 4th Quarter 2011 Real Estate Market Report

The Palos Verdes Drive North area of the Palos Verdes Peninsula ( area 165 in map below )had the following real estate market activity for single family residences during the 4th Quarter of 2011:

Properties Sold: 6

Address                 Sales Price BR BA  Sq.ft.  $/Sq.ft Yr. Blt.  MLS #   Dale of Sale   Days on Market

27665 Saddle RD         $655,000 3 2.00 1,512 $433.20 1957 V11063759 10/14/11             104
27740 Saddle RD         $849,000 3 3.00 1,890 $449.21 1956 S11083902 10/21/11             107
18 Lariat LN                 $940,000 5 3.00 2,626 $357.96 1963 V11092744 12/28/11             164
27548 Eastvale RD    $1,150,000 4 4.00 3,622 $317.50 1965 P796112     10/29/11               21
80 Buckskin LN          $1,350,000 4 4.00 3,157 $427.62 2000 S11100175 11/01/11              71
27642 Eastvale RD    $1,630,000 3 3.00 3,132 $520.43 2006 V11126486 11/04/11               33

Properties for Sale as of 12/31/11:  11

Average List Price at 12/31/11:  $1.1 million

Curnt vs. Prev Month Curnt vs. Same Month 1 Yr Ago Curnt vs. Same Qtr 1 Yr Ago   Dec. 11 Nov. 11 % Change Dec. 11 Dec. 10 % Change Oct. 11 to Dec. 11 Oct. 10 to Dec. 10 % Change For Sale 11 14 -21.4% 11 15 -26.7% 15 20 -25% Sold 1 2 -50% 1 2 -50% 2 3 -33.3% Pended 1 3 -66.7% 1 1 0%     2 2 0%

Average Sales Price of homes sold during 4th quarter: $ 1.1 million

Average Price per Sq. Ft. for Properties Sold during 4th Qtr:   $ 418  per sq. ft.

Curnt vs. Prev Month Curnt vs. Same Month 1 Yr Ago Curnt vs. Same Qtr 1 Yr Ago   Dec. 11 Nov. 11 % Change Dec. 11 Dec. 10 % Change Oct. 11 to Dec. 11 Oct. 10 to Dec. 10 % Change Avg. Sq. Ft. Price 358 474 -24.5% 358 515 -30.5% 407 418 -2.8%

Properties sold at an average of 97% of List Price