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

The Silver Spur area of Rancho Palos Verdes and Rolling Hills Estates (Area 176 in map below) had the following real estate market activity for single family residences during the 4th Quarter of 2011 :

Properties Sold: 13

Address Sales Price BR BA Sq.ft. $/Sq.ft Yr.Blt. MLS# Sold Date Days on Mkt.

26453 Basswood AV $680,000 3 2.00 1,753 $387.91 1956 S10113690 10/19/11 71
5940 Finecrest DR $700,098 4 3.00 2,270 $308.41 1959 V11087256 11/18/11 82
27051 Springcreek RD $721,960 3 2.00 1,780 $405.60 1960 V11102759 12/16/11 124
5547 Bayridge RD $730,000 3 2.00 1,321 $552.61 1956 P802819 12/30/11 7
27161 Fond Du Lac RD $750,000 4 2.00 1,890 $396.83 1958 S673218 10/21/11 3
5302 Littlebow RD $765,000 4 2.00 2,340 $326.92 1957 P789544 11/28/11 100
5507 Bayridge RD $782,000 3 2.00 1,773 $441.06 1956 V11076837 10/27/11 133
26332 Grayslake RD $785,000 4 2.00 1,890 $415.34 1961 S11114085 10/21/11 14
26916 Springcreek RD $825,000 3 2.00 1,642 $502.44 1960 V11153114 12/30/11 18
11 Via De La Vista $830,000 4 2.00 2,339 $354.85 1965 S11096590 10/11/11 14
26644 Shadow Wood DR $870,000 4 3.00 1,917 $453.83 1961 P796824 11/04/11 6
5951 Flambeau Road $870,000 5 2.00 2,190 $397.26 1959 V11099943 11/16/11 109
27100 Mesaba DR $902,000 4 3.00 2,245 $401.78 1958 V11110300 11/09/11 26

Average Sales Price of homes sold during 4th quarter: $ .8 million

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

Average List Price at 12/31/11: $ .9 million

Average Price per Sq. Ft. for Properties Sold during 4th Qtr: $ 411 per sq. ft.

Properties sold at an average of 98% of List Price