Crest Area of Rancho Palos Verdes and Rolling Hills Estates 4th Quarter 2011 Real Estate Market Report

The Crest area of Rancho Palos Verdes and Rolling Hills Estates ( Area 174 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.

28740 Doverridge DR $805,900 3 2.00 1,874 $430.04 1969 S11117121 12/07/11 45

5632 Seaside Heights $920,000 4 3.00 2,488 $369.77 1966 V11133375 11/30/11 8

29230 Beachside DR $922,000 4 3.00 3,050 $302.30 1966 V11113505 10/18/11 9

6433 Seabryn DR $930,000 4 3.00 2,432 $382.40 1970 P787739 12/21/11 204

5626 Seaside Heights $1,030,000 5 3.00 2,468 $417.34 1966 V11096205 10/12/11 28

6225 Lochvale DR $1,090,000 4 3.00 2,430 $448.56 1965 V11088236 10/14/11 41

Average Sales Price of homes sold during 4th quarter: $ .9 million

Properties for Sale as of 12/31/11: 4

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

Average Price per Sq. Ft. for Properties Sold during 4th Qtr: $ 392 per sq. ft.

Properties sold at an average of 100% of List Price