Marketindicatorsoctober2013

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Monthly Indicators October 2013 A RESEARCH TOOL PROVIDED BY METROLIST® SINGLE FAMILY LISTINGS ONLY – RESIDENTIAL AND CONDO

Quick Facts + 12.1%

+ 12.3%

+ 7.3%

Change in New Listings

Change in Sold Listings

Change in Median Sold Price

Market Overview Active Listings Under Contract Listings New Listings Sold Listings Total Days on Market Median Sold Price Average Sold Price Percent of Sold Price to List Price Annual Review

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All data from Metrolist®. Metrolist® is a registered trademark of Metrolist, Inc. © 2013 Metrolist, Inc. All rights reserved. | 1


Market Overview Key market metrics for the current month and year-to-date. Single-Family Listings Only – Residential and Condo.

Key Metrics

Historical Sparklines

Active Listings 10-2010

10-2011

10-2012

10-2011

10-2012

10-2011

10-2012

10-2011

10-2012

10-2011

10-2012

10-2011

10-2012

10-2011

10-2012

10-2011

10-2012

10,836

- 1.8%

--

--

--

4,666

5,503

+ 17.9%

49,724

61,713

+ 24.1%

4,789

5,367

+ 12.1%

56,636

64,264

+ 13.5%

4,238

4,760

+ 12.3%

40,253

48,476

+ 20.4%

66

45

- 32.3%

76

50

- 35.1%

$233,000

$250,000

+ 7.3%

$230,500

$254,350

+ 10.3%

$278,872

$303,506

+ 8.8%

$278,124

$304,465

+ 9.5%

98.4%

98.6%

+ 0.2%

98.3%

99.2%

+ 0.9%

10-2013

Percent of Sold Price to List Price** 10-2010

11,038

10-2013

Average Sold Price* 10-2010

+/–

10-2013

Median Sold Price* 10-2010

This Year YTD

10-2013

Total Days on Market 10-2010

Last Year YTD

10-2013

Sold Listings 10-2010

+/–

10-2013

New Listings 10-2010

10-2013

10-2013

Under Contract Listings 10-2010

10-2012

10-2013

* Does not account for seller concessions and/or down payment assistance. All data from Metrolist®. Powered by 10K Research and Marketing. Due to differences in statistical methodologies, figures may vary from other market reports provided by Metrolist®.

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Active Listings The number of homes that were in "active" status at the end of the month.

October 15,512 11,038

10,836

-28.8% 2011

-1.8%

2012

2013

Historical Active Listing Activity 26,000 24,000 22,000 20,000 18,000 16,000 14,000 12,000 10,000 8,000 6,000 1-2009

1-2010

1-2011

1-2012

1-2013

All data from Metrolist速. Powered by 10K Research and Marketing. Due to differences in statistical methodologies, figures may vary from other market reports provided by Metrolist速.

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Under Contract Listings A count of the properties on which offers have been accepted in a given month.

October

Year To Date (YTD) 5,503

61,713

4,666

49,724

3,871

42,500

2011

+20.5%

+17.9%

2012

2013

2011

+17.0%

+24.1%

2012

2013

Historical Under Contract Listing Activity 8,000

7,000

6,000

5,000

4,000

3,000

2,000 1-2006

1-2007

1-2008

1-2009

1-2010

1-2011

1-2012

1-2013

Note: The method used to calculate the "Under Contract" metric was updated in August 2012 so comparisons to previously reported figures may differ. All data from Metrolist速. Powered by 10K Research and Marketing. Due to differences in statistical methodologies, figures may vary from other market reports provided by Metrolist速. | Click for Cover | 5


New Listings A count of the properties that have been newly listed on the market in a given month.

October

Year To Date (YTD) 64,264

5,367

56,752

4,789

4,448

2011

+7.7%

+12.1%

2012

2013

56,636

2011

-0.2%

+13.5%

2012

2013

Historical New Listing Activity 14,000

12,000

10,000

8,000

6,000

4,000

2,000 1-2006

1-2007

1-2008

1-2009

1-2010

1-2011

1-2012

1-2013

All data from Metrolist速. Powered by 10K Research and Marketing. Due to differences in statistical methodologies, figures may vary from other market reports provided by Metrolist速.

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Sold Listings A count of the properties that have sold in a given month.

Year To Date (YTD)

October 4,760 4,238

48,476 40,253

3,275

34,060

2011

+29.4%

+12.3%

2012

2013

2011

+18.2%

+20.4%

2012

2013

Historical Sold Listing Activity 6,500 6,000 5,500 5,000 4,500 4,000 3,500 3,000 2,500 2,000 1-2006

1-2007

1-2008

1-2009

1-2010

1-2011

1-2012

1-2013

All data from Metrolist速. Powered by 10K Research and Marketing. Due to differences in statistical methodologies, figures may vary from other market reports provided by Metrolist速.

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Total Days on Market The average number of days between when a property is first listed and when an offer is accepted. Sold listings only.

Year To Date (YTD)

October

106

100

76

66

50

45

2011

-33.9%

-32.3%

2012

2013

2011

-28.0%

-35.1%

2012

2013

Historical Total Days on Market 130 120 110 100 90 80 70 60 50 40 30 1-2006

1-2007

1-2008

1-2009

1-2010

1-2011

1-2012

1-2013

All data from Metrolist速. Powered by 10K Research and Marketing. Due to differences in statistical methodologies, figures may vary from other market reports provided by Metrolist速.

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Median Sold Price The median sold price for all sold listings in a given month. Does not account for seller concessions and/or down payment assistance.

October

Year To Date (YTD) $250,000

$233,000

$209,900

$205,000

2011

+13.7%

+7.3%

2012

2013

2011

$230,500

$254,350

+9.8%

+10.3%

2012

2013

Historical Median Sold Price $280,000

$260,000

$240,000

$220,000

$200,000

$180,000

$160,000 1-2006

1-2007

1-2008

1-2009

1-2010

1-2011

1-2012

1-2013

All data from Metrolist速. Powered by 10K Research and Marketing. Due to differences in statistical methodologies, figures may vary from other market reports provided by Metrolist速.

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Average Sold Price The average sold price for all sold listings in a given month. Does not account for seller concessions and/or down payment assistance.

Year To Date (YTD)

October $303,506

$278,872

$255,970

$244,760

2011

+ 13.9%

+ 8.8%

2012

2013

2011

$278,124

$304,465

+ 8.7%

+ 9.5%

2012

2013

Historical Average Sold Price $320,000

$300,000

$280,000

$260,000

$240,000

$220,000

$200,000 1-2006

1-2007

1-2008

1-2009

1-2010

1-2011

1-2012

1-2013

All data from Metrolist速. Powered by 10K Research and Marketing. Due to differences in statistical methodologies, figures may vary from other market reports provided by Metrolist速.

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Percent of Sold Price to List Price Calculated by comparing final sold price to list price for sold listings. Does not account for seller concessions and/or down payment assistance.

Year To Date (YTD)

October

96.9%

2011

98.4%

98.6%

+1.5%

+0.2%

2012

2013

97.0%

2011

98.3%

99.2%

+1.3%

+0.9%

2012

2013

Historical Percent of Sold Price to List Price 100.0% 99.5% 99.0% 98.5% 98.0% 97.5% 97.0% 96.5% 96.0% 1-2006

1-2007

1-2008

1-2009

1-2010

1-2011

1-2012

1-2013

All data from Metrolist速. Powered by 10K Research and Marketing. Due to differences in statistical methodologies, figures may vary from other market reports provided by Metrolist速.

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10B

10A2H3

Annual Review Historical look at key market metrics for the overall region.

Sold Listings

Total Days on Market

48,497 42,611

2008

47,548 39,585

40,497

-12.1%

-7.1%

+2.3%

+17.4

2009

2010

2011

2012

1A0H

2008

96

105 90 75

Median Sold Price* $201,450

101

2008

-4.5%

-6.1%

+16.7

-28.5%

2009

2010

2011

2012

Percent of Sold Price to List Price* $231,500

$211,000

$210,000

-0.7%

+5.5%

-0.5%

+10.2

2009

2010

2011

2012

$199,993

97.6%

2008

98.0%

97.5%

97.1%

98.3%

+0.4%

-0.6%

-0.4%

+1.3%

2009

2010

2011

2012

* Does not account for seller concessions and/or down payment assistance. All data from Metrolist速. Powered by 10K Research and Marketing. Due to differences in statistical methodologies, figures may vary from other market reports provided by Metrolist速. | Click for Cover | 12


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