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Days on Market Until Sale

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Absorption Rate

Absorption Rate

Days on Market Until Sale Average number of days between when a property is listed and when an offer is accepted in a given month.

January

50

45

Year to Date

54

47

35 54

50

45 54

47

35

Single-Family Detached Single-Family Attached Single-Family Detached Single-Family Attached 2018 2019 2020

- 25.5%- 13.0% - 10.0% - 7.4% - 13.0% - 10.0% - 7.4% - 25.5% 2018 2019 2020 2018 2019 2020 2018 2019 2020 - 10.0% - 10.0% + 25.6% + 25.6%

Historical Days on Market Until Sale by Month

120 Days on Market

Feb-2019

Mar-2019 Apr-2019 May-2019 Jun-2019 Jul-2019 Aug-2019 Sep-2019 Oct-2019 Nov-2019 Dec-2019 Jan-2020 12-Month Avg*

Single-Family Detached Year-Over-Year Change Single-Family Attached Year-Over-Year Change

54 -3.6% 59 +20.4% 50 -3.8% 49 +19.5% 42 -6.7% 38 -22.4% 33 -15.4% 39 -15.2% 34 -12.8% 38 -5.0% 33 -10.8% 35 +2.9% 34 -10.5% 36 +5.9% 34 -15.0% 35 +6.1% 36 -14.3% 41 +10.8% 36 -18.2% 34 -27.7% 41 -21.2% 50 +4.2% 45 -10.0% 35 -25.5% 39 -11.6% 40 -5.4%

* Days on Market for all properties from February 2019 through January 2020. This is not the average of the individual figures above.

Single-Family Detached Single-Family Attached

20

1-2007 1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018 1-2019 1-2020

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