Country Club Area of Rancho Palos Verdes 4th Quarter 2011 Real Estate Market Report

The Country Club area of Rancho Palos Verdes (area 171 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# Sold Date Days on Mkt.

30530 Camino Porvenir $1,150,000 4 3.00 2,600 $442.31 1974 V11041765 11/15/11 215

30037 Avenida Esplendida $1,200,000 3 4.00 3,500 $342.86 1973 S11088584 11/10/11 116

6831 Faircove DR $1,250,000 5 3.00 3,000 $416.67 1967 V11109676 11/15/11 88

30057 Avenida Tranquila $1,500,000 4 4.00 4,352 $344.67 1969 V11110206 12/23/11 50

7071 Crest RD $1,790,000 5 4.00 4,107 $435.84 1966 S11063490 12/01/11 167

6863 Alta Vista DR $2,000,000 5 5.00 4,530 $441.50 1979 V11120441 12/23/11 103

Average Sales Price of homes sold during 4th quarter: $ 1.5 million

Properties for Sale as of 12/31/2011: 7

Average List Price at 12/31/11: $ 1.6 million

Average Price per Sq. Ft. for Properties Sold during 4th Qtr: $ 404 per sq. ft.

Properties sold at an average of 93% of List Price