Malaga Cove Area of Palos Verdes Estates 4th Quarter 2011 Real Estate Market Report

The Malaga Cove area of Palos Verdes Estates ( area 163 in map below )had the following real estate activity for single family residences during the 4th Quarter of 2011:

Properties Sold: 5 ( The same number as last quarter )

Address Sales Price BR BA Sq.ft. $/Sq.ft Year Built MLS # Date of Sale Days on Market

2615 Pinale LN $1,170,000 5 6.00 3,905 $299.62 1959 V11048928 11/03/11 159

768 Via Del Monte $1,200,000 5 5.00 4,182 $286.94 1978 V11087576 12/08/11 108

505 Via Media $1,300,000 3 2.00 2,029 $640.71 1953 V11061370 11/04/11 99

512 Via Almar $1,590,000 4 3.00 3,092 $514.23 1971 V11126093 12/20/11 86

1640 Via Arriba $1,785,000 4 3.00 3,058 $583.71 1973 V11126434 12/02/11 29

Average Sales Price of homes sold during 4th quarter: $1.4 million

Number of Properties Listed for sale as of 12/31/2011 : 8

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 8 10 -20% 8 12 -33.3% 10 14 -28.6% Sold 3 2 50% 3 4 -25% 2 3 -33.3% Pended 2 4 -50% 2 3 -33.3% 2 2 0%

Average List Price at 12/31/2011: $2.1 million

Average Price per Sq. Ft. for Properties Sold during 4th Qtr: $ 465 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 443 416 6.4% 443 566 -21.8% 432 541 -20.2%

Properties sold at an average of 90% of List Price