April, 2013 Market Report

Grand Strand Market Report Contents Active Inventory 2

SFR Inventory Trends 3

Condo Inventory Trends 4

Closed Sales – SFR 5

Avg. Sales Price – SFR 6

Median Sales Price – SFR 7

Median Sales Price – SFR (Distressed & Non-Distressed) 8

Median Sales Price – SFR (Cash & Conventional Transactions) 9

SFR Sales – (% Cash vs. % Conventional) 10

Sales to List Price Ratio – SFR 11

Closed Sales – Condo 12

Avg. Sales Price – Condo 13

Median Sales Price – Condo 14

Median Sales Price–Condo (Distressed & Non-Distressed) 15

Median Sales Price – Condo (Cash & Conventional Transactions) 16

Condo Sales – (% Cash vs. % Conventional) 17

Sales to List Price Ratio – Condo 18

Closed Sales – Residential Lot 19

Avg. Sales Price – Residential Lot 20

Median Sales Price – Residential Lot 21

Median Sales Price – Res. Lot (Non-Distressed) 22

Sold to List Price Ratio – Residential Lot 23

Distressed Inventory 24

Distressed Sales 25

April 2013

Research powered by

SiteTech Systems

Single Family Residential Sales Surge in April while sales prices maintain modest gains.

Despite a lack of spring weather, Single Family Residential (SFR) sales activity remained hot in April. During the month, SFR sales volume increased sharply as sales were up 31.5% from prior year levels. April’s sales production was the best month in SFR activity since 2007. Year to date (YTD), SFR sales are up 19.5% from 2012 levels. The median sales price of SFR sales continued to show signs of stabilization as the 2013 median sales price is 3.1% better than 2012. As SFR sales continue to improve, more SFR homes continue to come back onto the market. During April, SFR inventory remains about 5.9% above its prior year level. It is anticipated that SFR inventory will grow in May before making its seasonal decline. Counter to the growth in SFR inventory, distressed SFR inventory continues to decline, down 29.9% from its prior year level. Condo inventory continue to decline as total and distressed inventories are down 10.9% and 38.6%, respectively. Condo sales activity remained flat to April, 2012 levels. YTD, condo sales are up 7.9% from 2012. The median sales price of condos remained stable in April as the 2013 YTD median sales price is flat with 2012. Residential lot sales activity continues to decline as sales are down 14.6% and sales prices are up slightly to $36,000.

Grand Strand Active Inventory

Single Family Residential

# Listings

Horry Co. 4,104

Georgetown Co. 870

Total 4,974

Average List Price $330,198

Median List Price $224,900

Condo/Townhome

# Listings

Horry Co. 3,873

Georgetown Co. 421

Total 4,294



Horry Co.

G’town Co.

Less than $150k 1,131 84

$150k - $250k 1,515 194

$250k - $500k 1,105 315

$500k - $1.0 MM 255 159

$1 MM + 98 118

Horry Co.

G’town Co.

Less than $100k 1,282 43

$100k - $150k 995 110

$150k - $200k 613 69

$200k - $400k 748 101

$400k -$750k 190 65

$750+ 45 33

Distribution by Price Range

2 Research performed by SiteTech Systems

Residential Lot # Listings

Horry Co. 1,666

Georgetown Co. 759

Total 2,425



Horry Co.

G’town Co.

Less than $25k 288 76

$25k - $50k 594 87

$50k - $75k 244 81

$75k-100k 160 109

$100k-175k 171 148

$175k -250k 92 126

$250k+ 117 132

Grand Strand SFR Inventory Trends

Research performed by SiteTech Systems 3

April 2011 4,996

April 2012 4,697

April 2013 4,974

4,000

4,200

4,400

4,600

4,800

5,000

5,200

5,400

5,600

Nu

mb

er

of

List

ings

Grand Strand SFR Inventory

April 2011 851 April 2012

819 April 2013

574

500

550

600

650

700

750

800

850

900

950

Nu

mb

er

of

Dis

tre

sse

d L

isti

ngs

Grand Strand SFR Distressed Inventory

Grand Strand Condo Inventory Trends


April 2011 5,048

April 2012 4,748

April 2013 4,231

3,500

4,000

4,500

5,000

5,500

6,000

Nu

mb

er

of

List

ings

Grand Strand Condo Inventory

April 2011 889

April 2012 822

April 2013 505

400

500

600

700

800

900

1,000

1,100

Nu

mb

er

of

Dis

tre

sse

d L

isti

ngs

Grand Strand Condo Distressed Inventory

Closed Sales - SFR

April Year to Date


331 337

443

2011 2012 2013

1,134 1,2251,469

2011 2012 2013

March 2006 500

January 2009 149

April 2013 443

100

150

200

250

300

350

400

450

500

550

Jan

-06

Mar

-06

May

-06

Jul-

06

Sep

-06

No

v-0

6

Jan

-07

Mar

-07

May

-07

Jul-

07

Sep

-07

No

v-0

7

Jan

-08

Mar

-08

May

-08

Jul-

08

Sep

-08

No

v-0

8

Jan

-09

Mar

-09

May

-09

Jul-

09

Sep

-09

No

v-0

9

Jan

-10

Mar

-10

May

-10

Jul-

10

Sep

-10

No

v-1

0

Jan

-11

Mar

-11

May

-11

Jul-

11

Sep

-11

No

v-1

1

Jan

-12

Mar

-12

May

-12

Jul-

12

Sep

-12

No

v-1

2

Jan

-13

Mar

-13

Nu

mb

er

of

SFR

Sal

es

Historical SFR Sales Activity

Average Sales Price - SFR April Year to Date


$226,506

$210,335

$231,557

2011 2012 2013

$226,377

$216,024

$223,753

2011 2012 2013

March 2007 $346,428

December 2010 $202,330

April 2013 $231,577

$150,000

$200,000

$250,000

$300,000

$350,000

$400,000

Jan

-06

Ap

r-0

6

Jul-

06

Oct

-06

Jan

-07

Ap

r-0

7

Jul-

07

Oct

-07

Jan

-08

Ap

r-0

8

Jul-

08

Oct

-08

Jan

-09

Ap

r-0

9

Jul-

09

Oct

-09

Jan

-10

Ap

r-1

0

Jul-

10

Oct

-10

Jan

-11

Ap

r-1

1

Jul-

11

Oct

-11

Jan

-12

Ap

r-1

2

Jul-

12

Oct

-12

Jan

-13

Ap

r-1

3

Ave

rage

Sal

es

Pri

ce

Historical SFR Average Sale Prices

Median Sales Price - SFR April

$165,000 $165,000

$175,000

2011 2012 2013

Year to Date


$170,000 $169,790

$175,000

2011 2012 2013

June 2006 $242,310

January 2011 $160,500

April 2013 $175,000

$150,000

$160,000

$170,000

$180,000

$190,000

$200,000

$210,000

$220,000

$230,000

$240,000

$250,000

Jan

-06

Ap

r-0

6

Jul-

06

Oct

-06

Jan

-07

Ap

r-0

7

Jul-

07

Oct

-07

Jan

-08

Ap

r-0

8

Jul-

08

Oct

-08

Jan

-09

Ap

r-0

9

Jul-

09

Oct

-09

Jan

-10

Ap

r-1

0

Jul-

10

Oct

-10

Jan

-11

Ap

r-1

1

Jul-

11

Oct

-11

Jan

-12

Ap

r-1

2

Jul-

12

Oct

-12

Jan

-13

Ap

r-1

3

Me

dia

n S

ale

s P

rice

s

Historical SFR Median Sale Prices

Median Sales Price – SFR Distressed & Non-Distressed


$100,000

$120,000

$140,000

$160,000

$180,000

$200,000

$220,000

Mar

-11

Ap

r-1

1

May

-11

Jun

-11

Jul-

11

Au

g-1

1

Sep

-11

Oct

-11

No

v-1

1

De

c-1

1

Jan

-12

Feb

-12

Mar

-12

Ap

r-1

2

May

-12

Jun

-12

Jul-

12

Au

g-1

2

Sep

-12

Oct

-12

No

v-1

2

De

c-1

2

Jan

-13

Feb

-13

Mar

-13

Ap

r-1

3

MedianSales Price

Distressed SalesMedian Sales Price

Non-Distressed SalesMedian Sales Price

Median Sales Price – SFR Cash & Conventional Transactions


$125,000

$135,000

$145,000

$155,000

$165,000

$175,000

$185,000

$195,000

Ap

r-1

1

May

-11

Jun

-11

Jul-

11

Au

g-1

1

Sep

-11

Oct

-11

No

v-1

1

De

c-1

1

Jan

-12

Feb

-12

Mar

-12

Ap

r-1

2

May

-12

Jun

-12

Jul-

12

Au

g-1

2

Sep

-12

Oct

-12

No

v-1

2

De

c-1

2

Jan

-13

Feb

-13

Mar

-13

Ap

r-1

3

MedianSales Price

CashMedian Sales Price

ConventionalMedian Sales Price

SFR Sales % Cash vs. % Conventional


20.0%

30.0%

40.0%

50.0%

60.0%

70.0%

80.0%

Cash% of Closed Sales

Conventional% of Closed Sales

Sold to List Price Ratio - SFR

April

86%

91%92%

2011 2012 2013

Year to Date


87%

90%92%

2011 2012 2013

January 2006 98%

May 2009 & April 2011 86%

April 2013 92%

80

82

84

86

88

90

92

94

96

98

100

Jan

-06

Ap

r-0

6

Jul-

06

Oct

-06

Jan

-07

Ap

r-0

7

Jul-

07

Oct

-07

Jan

-08

Ap

r-0

8

Jul-

08

Oct

-08

Jan

-09

Ap

r-0

9

Jul-

09

Oct

-09

Jan

-10

Ap

r-1

0

Jul-

10

Oct

-10

Jan

-11

Ap

r-1

1

Jul-

11

Oct

-11

Jan

-12

Ap

r-1

2

Jul-

12

Oct

-12

Jan

-13

Ap

r-1

3

Sold

to

Lis

t R

atio

Historical SFR Sold to List Ratios

Closed Sales - Condo April

371

355 353

2011 2012 2013

Year to Date


1,192 1,191

1,285

2011 2012 2013

April 2007 448

January 2009 117

April 2013 353

100

150

200

250

300

350

400

450

500

Jan

-07

Mar

-07

May

-07

Jul-

07

Sep

-07

No

v-0

7

Jan

-08

Mar

-08

May

-08

Jul-

08

Sep

-08

No

v-0

8

Jan

-09

Mar

-09

May

-09

Jul-

09

Sep

-09

No

v-0

9

Jan

-10

Mar

-10

May

-10

Jul-

10

Sep

-10

No

v-1

0

Jan

-11

Mar

-11

May

-11

Jul-

11

Sep

-11

No

v-1

1

Jan

-12

Mar

-12

May

-12

Jul-

12

Sep

-12

No

v-1

2

Jan

-13

Mar

-13

Nu

mb

er

of

Sale

s

Historical Condo Sales Activity

Average Sales Price - Condo April Year to Date


$136,793

$131,668 $132,977

2011 2012 2013

$133,552

$142,969

$130,662

2011 2012 2013

June 2007 $348,053

December 2010 $105,000

April 2013 $130,662

$50,000

$100,000

$150,000

$200,000

$250,000

$300,000

$350,000

Jan

-07

Mar

-07

May

-07

Jul-

07

Sep

-07

No

v-0

7

Jan

-08

Mar

-08

May

-08

Jul-

08

Sep

-08

No

v-0

8

Jan

-09

Mar

-09

May

-09

Jul-

09

Sep

-09

No

v-0

9

Jan

-10

Mar

-10

May

-10

Jul-

10

Sep

-10

No

v-1

0

Jan

-11

Mar

-11

May

-11

Jul-

11

Sep

-11

No

v-1

1

Jan

-12

Mar

-12

May

-12

Jul-

12

Sep

-12

No

v-1

2

Jan

-13

Mar

-13

Ave

rage

Sal

es

Pri

ce

Historical Condo Average Sales Prices

Median Sales Price - Condo April

$104,625

$115,000

$100,000

2011 2012 2013

Year to Date


$105,000

$103,000 $103,000

2011 2012 2013

June 2007 $249,921

November 2011 $93,450

April 2013 $100,000

$50,000

$70,000

$90,000

$110,000

$130,000

$150,000

$170,000

$190,000

$210,000

$230,000

$250,000

Jan

-07

Mar

-07

May

-07

Jul-

07

Sep

-07

No

v-0

7

Jan

-08

Mar

-08

May

-08

Jul-

08

Sep

-08

No

v-0

8

Jan

-09

Mar

-09

May

-09

Jul-

09

Sep

-09

No

v-0

9

Jan

-10

Mar

-10

May

-10

Jul-

10

Sep

-10

No

v-1

0

Jan

-11

Mar

-11

May

-11

Jul-

11

Sep

-11

No

v-1

1

Jan

-12

Mar

-12

May

-12

Jul-

12

Sep

-12

No

v-1

2

Jan

-13

Mar

-13

Me

dia

n S

ale

s P

rice

Historical Condo Median Sales Prices

Median Sales Price – Condo Distressed & Non-Distressed


$60,000

$70,000

$80,000

$90,000

$100,000

$110,000

$120,000

$130,000

$140,000

$150,000

MedianSales Price

Distressed SalesMedian Sales Price

Non-Distressed SalesMedian Sales Price

Median Sales Price – Condo Cash & Conventional Transactions


$60,000

$80,000

$100,000

$120,000

$140,000

$160,000

$180,000

CashMedian Sales Price

ConventionalMedian Sales Price

MedianSales Price

Condo Sales % Cash vs. % Conventional


0.0%

10.0%

20.0%

30.0%

40.0%

50.0%

60.0%

70.0%

80.0%

Cash% of Closed Sales

Conventional% of Closed Sales

Sold to List Price Ratio - Condo

April

87%

89%90%

2011 2012 2013

Year to Date


87% 87%

89%

2011 2012 2013

April 2007 95%

April & May 2009 81%

April 2013 90%

75

80

85

90

95

100

Jan

-07

Mar

-07

May

-07

Jul-

07

Sep

-07

No

v-0

7

Jan

-08

Mar

-08

May

-08

Jul-

08

Sep

-08

No

v-0

8

Jan

-09

Mar

-09

May

-09

Jul-

09

Sep

-09

No

v-0

9

Jan

-10

Mar

-10

May

-10

Jul-

10

Sep

-10

No

v-1

0

Jan

-11

Mar

-11

May

-11

Jul-

11

Sep

-11

No

v-1

1

Jan

-12

Mar

-12

May

-12

Jul-

12

Sep

-12

No

v-1

2

Jan

-13

Mar

-13

Sold

to

Lis

t R

atio

Historical Condo Sold to List Ratio

Closed Sales – Residential Lot

65

136

88

2011 2012 2013

Year to Date

19

April

Research performed by SiteTech Systems

220

362

309

2011 2012 2013

April 2006 266

January 2009 11

April 2013 88

0

50

100

150

200

250

300

Jan

-06

Mar

-06

May

-06

Jul-

06

Sep

-06

No

v-0

6

Jan

-07

Mar

-07

May

-07

Jul-

07

Sep

-07

No

v-0

7

Jan

-08

Mar

-08

May

-08

Jul-

08

Sep

-08

No

v-0

8

Jan

-09

Mar

-09

May

-09

Jul-

09

Sep

-09

No

v-0

9

Jan

-10

Mar

-10

May

-10

Jul-

10

Sep

-10

No

v-1

0

Jan

-11

Mar

-11

May

-11

Jul-

11

Sep

-11

No

v-1

1

Jan

-12

Mar

-12

May

-12

Jul-

12

Sep

-12

No

v-1

2

Jan

-13

Mar

-13

Nu

mb

er

of

sale

s

Historical Residential Lot Sales Activity

Average Sales Price – Residential Lot April Year to Date


$104,223

$51,684 $68,614

2011 2012 2013

$76,104

$64,331

$69,278

2011 2012 2013

July 2008 $275,614

October 2011 $35,780

April 2013 $68,614

$0

$50,000

$100,000

$150,000

$200,000

$250,000

$300,000

Jan

-06

Ap

r-0

6

Jul-

06

Oct

-06

Jan

-07

Ap

r-0

7

Jul-

07

Oct

-07

Jan

-08

Ap

r-0

8

Jul-

08

Oct

-08

Jan

-09

Ap

r-0

9

Jul-

09

Oct

-09

Jan

-10

Ap

r-1

0

Jul-

10

Oct

-10

Jan

-11

Ap

r-1

1

Jul-

11

Oct

-11

Jan

-12

Ap

r-1

2

Jul-

12

Oct

-12

Jan

-13

Ap

r-1

3

Ave

rage

Sal

es

Pri

ces

Historical Residential Lot Average Sale Prices

Median Sales Price – Residential Lot

April

$43,500

$30,125

$40,500

2011 2012 2013

Year to Date


$38,000

$33,500

$36,000

2011 2012 2013

August 2006 $130,000

November 2011 $15,000

April 2013 $40,500

$0

$20,000

$40,000

$60,000

$80,000

$100,000

$120,000

$140,000

Jan

-06

Ap

r-0

6

Jul-

06

Oct

-06

Jan

-07

Ap

r-0

7

Jul-

07

Oct

-07

Jan

-08

Ap

r-0

8

Jul-

08

Oct

-08

Jan

-09

Ap

r-0

9

Jul-

09

Oct

-09

Jan

-10

Ap

r-1

0

Jul-

10

Oct

-10

Jan

-11

Ap

r-1

1

Jul-

11

Oct

-11

Jan

-12

Ap

r-1

2

Jul-

12

Oct

-12

Jan

-13

Ap

r-1

3

Me

dia

n S

ale

s P

rice

s

Historical Residential Lot Median Sale Prices

Median Sales Price – Res. Lot (Non-Distressed)

April

$74,900$60,000

$49,940

2011 2012 2013

Year to Date


$55,250

$50,000$47,450

2011 2012 2013

January 2011 $85,000

October 2011 $23,250

April 2013 $49,940

$-

$10,000

$20,000

$30,000

$40,000

$50,000

$60,000

$70,000

$80,000

$90,000

Me

dia

n S

ale

s P

rice

s

Historical Residential Lot Median Sale Prices (Non-Distressed)

Sold to List Price Ratio – Residential Lot April Year to Date

72%

68%

78%

2011 2012 2013


72%

67%

80%

2011 2012 2013

April 2006 99%

November 2011 47%

April 2013 80%

40

50

60

70

80

90

100

Jan

-06

Mar

-06

May

-06

Jul-

06

Sep

-06

No

v-0

6

Jan

-07

Mar

-07

May

-07

Jul-

07

Sep

-07

No

v-0

7

Jan

-08

Mar

-08

May

-08

Jul-

08

Sep

-08

No

v-0

8

Jan

-09

Mar

-09

May

-09

Jul-

09

Sep

-09

No

v-0

9

Jan

-10

Mar

-10

May

-10

Jul-

10

Sep

-10

No

v-1

0

Jan

-11

Mar

-11

May

-11

Jul-

11

Sep

-11

No

v-1

1

Jan

-12

Mar

-12

May

-12

Jul-

12

Sep

-12

No

v-1

2

Jan

-13

Mar

-13

Sold

to

Lis

t R

atio

s

Historical Residential Lot Sold to List Ratios

Grand Strand Distressed Inventory

Single Family Residential

# Listings

Horry Co. 507

Georgetown Co. 67

Total 574



Condo/Townhome

# Listings

Horry Co. 471

Georgetown Co. 34

Total 505



Horry Co.

G’town Co.


$150k - $250k 131 23

$250k - $500k 74 15

$500k - $1.0 MM 16 5

$1 MM + 2 -

Distribution by Price Range


Residential Lot

# Listings

Horry Co. 214

Georgetown Co. 82

Total 296



Horry Co.

G’town Co.


$25k - $50k 80 14

$50k - $75k 29 9

$75k-100k 10 13

$100k-175k 16 13

$175k -250K 3 7

$250K + 5 4

Horry Co.

G’town Co.

Less than $100k 273 110

$100k - $150k 89 9

$150k - $200k 52 5

$200k - $400k 49 8

$400k -$750k 8 2

$750+ - -

Distressed Sales Total

Apr-12

Jun Aug Oct Dec Feb Apr-13

SFR

Apr-12


Condo


Apr-12


% Total Sales

28 28 29 29 29 29

23 25 25 27 28

24 26

Apr-12


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Monthly Indicators A RESEARCH TOOL PROVIDED BY THE COASTAL CAROLINAS ASSOCIATION OF REALTORS®

April 2013 Quick Facts

+ 30.5%

Change inClosed Sales

Single-Family Only

The S&P/Case-Shiller Home Price Index recently showed that home prices in 20 major metropolitan areas had increased at the strongest pace since the bubble years. At long last, major national indices are telling the story that local MLS data users have known for months or even years. Yes, the housing market is recovering. The recovery varies by geography and market segment, but things are certainly better than they have been and are showing no signs of letting up.

+ 0.6%Change in

Closed SalesCondo Only

+ 15.9%Change in

Closed SalesAll Properties

23456789

10111213Months Supply of Inventory

Median Sales PriceAverage Sales PricePercent of List Price ReceivedHousing Affordability IndexInventory of Homes for Sale

All data comes from the Coastal Carolinas Association of REALTORS® Multiple Listing Service. Provided by South Carolina REALTORS®. Powered by 10K Research and Marketing. | 1

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better than they have been and are showing no signs of letting up.

New Listings in the Coastal Carolinas region were up 16.3 percent for detached homes and 8.9 percent for condos. Pending Sales increased 52.6 percent for single-family homes and 11.7 percent for condos.

The Median Sales Price was up 4.4 percent to $164,950 for single-family properties but decreased 13.4 percent to $100,000 for condo units. Months Supply of Inventory decreased 25.5 percent for single-family units and 27.1 percent for townhouse-condo units.

The prickliest thorns in our collective side are still lack of inventory and subdued listing activity. In some neighborhoods, consumers have 50 or 60 percent fewer options from which to choose than they did a few years ago. That's causing bidding wars in popular areas. Despite the competitive landscape for buyers, housing remains one of the brightest lights in an otherwise subdued economic recovery.

Single-Family Market OverviewCondo Market OverviewNew ListingsPending SalesClosed SalesDays On Market Until Sale

Single-Family Market Overview

Key Metrics Historical Sparklines 4-2012 4-2013 + / – YTD 2012 YTD 2013 + / –

Key market metrics for the current month and year-to-date figures for Single-Family Homes Only.

1,599 + 20.6%

175 165Days on Market Until Sale

370 483 + 30.5% 1,326

New Listings

Pending Sales

Closed Sales

+ 13.7%

435 664 + 52.6% 1,657 2,127 + 28.4%

3,420738 858 + 16.3% 3,007

- 5.6% 180 167 - 7.2%

4-2010 4-2011 4-2012 4-2013

4-2010 4-2011 4-2012 4-2013

4-2010 4-2011 4-2012 4-2013

4-2010 4-2011 4-2012 4-2013

154

4,306

156 + 2.2%

--

$203,178 $211,727 + 4.2%

$158,000 $164,950

$218,551

95.1% 95.5%

Housing Affordability Index

Median Sales Price

Average Sales Price

Percent ofList Price Received

$193,856

$160,508 $165,000

+ 0.3%

+ 2.8%

+ 0.4% 95.1% 95.3%

+ 12.7%

+ 4.4%

All data comes from the Coastal Carolinas Association of REALTORS® Multiple Listing Service. Provided by South Carolina REALTORS®. Powered by 10K Research and Marketing. | Click for Cover Page | 2

11.8

156 + 2.2%

- 7.1%

- 25.5%

4,000

8.8

154

--

-- --

--

--Months Supplyof Homes for Sale

Inventory of Homes for Sale

4-2010 4-2011 4-2012 4-2013

4-2010 4-2011 4-2012 4-2013

4-2010 4-2011 4-2012 4-2013

4-2010 4-2011 4-2012 4-2013

4-2010 4-2011 4-2012 4-2013

4-2010 4-2011 4-2012 4-2013

4-2010 4-2011 4-2012 4-2013

4-2010 4-2011 4-2012 4-2013

4-2010 4-2011 4-2012 4-2013

4-2010 4-2011 4-2012 4-2013

Condo Market Overview

Key Metrics Historical Sparklines 4-2012 4-2013 + / – YTD 2012 YTD 2013 + / –

Key market metrics for the current month and year-to-date figures for Condo Properties Only.

+ 0.5%

Pending Sales 427 477 + 11.7% 1,472 1,576 + 7.1%

New Listings 618 673 + 8.9% 2,591 2,604

+ 8.0%

Days on Market Until Sale 170 157 - 7.6% 174 172 - 1.0%

Closed Sales 355 357 + 0.6% 1,191 1,286

4-2010 4-2011 4-2012 4-2013

4-2010 4-2011 4-2012 4-2013

4-2010 4-2011 4-2012 4-2013

4-2010 4-2011 4-2012 4-2013

- 1.0%

Average Sales Price $143,335 $130,387 - 9.0% $132,778 $133,601 + 0.6%

Median Sales Price $115,500 $100,000 - 13.4% $103,000 $102,000

+ 0.5%

Housing Affordability Index 207 241 + 6.9% 207 241 + 6.9%

Percent ofList Price Received

94.7% 94.1% - 0.6% 93.5% 94.0%


--

Months Supplyof Homes for Sale

14.0 10.2 - 27.1% -- -- --

Inventory of Homes for Sale 4,218 3,520 - 16.5% -- --

4-2010 4-2011 4-2012 4-2013

4-2010 4-2011 4-2012 4-2013

4-2010 4-2011 4-2012 4-2013

4-2010 4-2011 4-2012 4-2013

4-2010 4-2011 4-2012 4-2013

4-2010 4-2011 4-2012 4-2013

4-2010 4-2011 4-2012 4-2013

4-2010 4-2011 4-2012 4-2013

4-2010 4-2011 4-2012 4-2013

4-2010 4-2011 4-2012 4-2013

New Listings

MonthSingle-Family

YoYChg.

CondoYoYChg.

May 807 + 17.5% 596 + 7.6%

June 755 + 2.7% 504 - 15.4%

July 690 + 6.5% 519 - 5.3%

August 755 + 6.3% 498 - 10.8%

September 694 + 15.3% 457 - 9.3%

October 732 + 15.8% 547 + 0.9%

November 666 + 10.1% 468 - 16.1%

December 506 + 10.7% 338 - 23.7%

January 870 + 13.9% 711 + 1.0%

February 792 + 12.7% 615 + 1.0%

March 900 + 12.2% 605 - 8.3%

April 858 + 16.3% 673 + 8.9%

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

740 732738

618

858

673

April

+8.9%-15.6%+16.3%-0.3%

201320122011 201320122011

3,177

2,7623,007

2,591

3,420

2,604

Year to Date

+0.5%-6.2%+13.7%-5.4%

201320122011 201320122011

Total 9,025 + 11.7% 6,630 - 5.7%

+


740 732738

618

858

673

Single-Family Condo

April

0

250

500

750

1,000

1,250

1-2004 1-2005 1-2006 1-2007 1-2008 1-2009 1-2010 1-2011 1-2012 1-2013

Historical New Listing Activity Single-Family Condo

+8.9%-15.6%+16.3%-0.3%

201320122011 201320122011

3,177

2,7623,007

2,591

3,420

2,604

Single-Family Condo

Year to Date

+0.5%-6.2%+13.7%-5.4%

201320122011 201320122011

Pending Sales

MonthSingle-Family

YoYChg.

CondoYoYChg.

May 476 + 23.6% 356 + 12.7%

June 465 + 28.1% 341 + 22.7%

July 439 + 10.9% 343 + 26.6%

August 462 + 29.8% 351 + 6.4%

September 409 + 19.6% 347 + 32.4%

October 465 + 40.1% 336 + 30.2%

November 340 + 14.5% 258 + 9.8%

December 290 + 10.7% 228 + 18.8%

January 440 + 29.0% 352 + 13.9%

February 445 + 8.3% 347 + 2.4%

March 578 + 23.0% 400 + 0.8%

April 664 + 52.6% 477 + 11.7%

A count of the properties on which contracts have been accepted in a given month.

387 376

435 427

664

477

April

+11.7%+13.6%+52.6%+12.4%

201320122011 201320122011

1,4481,375

1,657

1,472

2,127

1,576

Year to Date

+7.1%+7.1%+28.4%+14.4%

201320122011 201320122011

Total 5,473 + 24.7% 4,189 + 14.4%

+


387 376

435 427

664

477

Single-Family Condo

April

0

250

500

750

1,000

1,250

1-2004 1-2005 1-2006 1-2007 1-2008 1-2009 1-2010 1-2011 1-2012 1-2013

Historical Pending Sales Activity Single-Family Condo

+11.7%+13.6%+52.6%+12.4%

201320122011 201320122011

1,4481,375

1,657

1,472

2,127

1,576

Single-Family Condo

Year to Date

+7.1%+7.1%+28.4%+14.4%

201320122011 201320122011

Closed Sales

MonthSingle-Family

YoYChg.

CondoYoYChg.

May 431 + 19.7% 405 + 14.7%

June 457 + 12.8% 393 + 10.7%

July 452 + 29.5% 312 + 9.9%

August 468 + 19.4% 356 + 23.2%

September 403 + 14.2% 292 - 2.0%

October 435 + 26.8% 362 + 36.6%

November 428 + 27.0% 333 + 39.3%

December 410 + 26.9% 276 + 6.6%

January 339 + 24.2% 257 + 22.4%

February 350 + 18.2% 324 + 19.6%

March 427 + 10.3% 348 - 2.0%

April 483 + 30.5% 357 + 0.6%

A count of the actual sales that have closed in a given month.

366 373370355

483

357

April

+0.6%-4.8%+30.5%+1.1%

201320122011 201320122011

1,223 1,201

1,326

1,191

1,599

1,286

Year to Date

+8.0%-0.8%+20.6%+8.4%

201320122011 201320122011

Total 5,083 + 21.4% 4,076 + 14.1%

+


366 373370355

483

357

Single-Family Condo

April

0

250

500

750

1,000

1,250

1-2004 1-2005 1-2006 1-2007 1-2008 1-2009 1-2010 1-2011 1-2012 1-2013

Historical Closed Sales Activity Single-Family Condo

+0.6%-4.8%+30.5%+1.1%

201320122011 201320122011

1,223 1,201

1,326

1,191

1,599

1,286

Single-Family Condo

Year to Date

+8.0%-0.8%+20.6%+8.4%

201320122011 201320122011

Days on Market Until Sale

MonthSingle-Family

YoYChg.

CondoYoYChg.

May 182 + 12.8% 170 - 9.3%

June 176 - 4.4% 183 - 0.2%

July 162 - 11.3% 169 - 8.5%

August 172 - 1.0% 171 - 2.8%

September 149 - 16.1% 166 - 15.3%

October 157 - 21.3% 182 - 6.8%

November 156 - 14.2% 187 + 10.7%

December 171 - 3.3% 198 + 20.0%

January 163 - 11.2% 188 + 2.9%

February 171 - 7.7% 173 - 5.7%

March 168 - 5.2% 175 + 5.8%

April 165 - 5.6% 157 - 7.6%

Average number of days between when a property is listed and when an offer is accepted in a given month.

182171175

170165157

April

-7.6%-1.0%-5.6%-3.8%

201320122011 201320122011

181174

180174

167172

Year to Date

-1.0%-0.2%-7.2%-0.5%

201320122011 201320122011

Total 166 - 7.5% 177 - 1.8%

+


182171175

170165157

Single-Family Condo

April

0

50

100

150

200

250

300

350

400

1-2004 1-2005 1-2006 1-2007 1-2008 1-2009 1-2010 1-2011 1-2012 1-2013

Historical Days on Market Until Sale Single-Family Condo

-7.6%-1.0%-5.6%-3.8%

201320122011 201320122011

181174

180174

167172

Single-Family Condo

Year to Date

-1.0%-0.2%-7.2%-0.5%

201320122011 201320122011

Median Sales Price

MonthSingle-Family

YoYChg.

CondoYoYChg.

May 162,000 + 1.3% 105,000 - 4.5%

June 158,000 - 11.2% 110,000 - 6.4%

July 165,500 + 2.0% 95,000 - 13.6%

August 166,000 + 2.2% 102,897 + 3.0%

September 154,900 - 5.7% 102,000 - 6.2%

October 159,900 - 4.5% 103,000 - 1.9%

November 155,000 - 1.3% 104,500 + 13.6%

December 164,505 + 1.4% 110,000 + 2.3%

January 159,900 0.0% 96,000 + 2.7%

February 170,550 + 0.1% 110,000 + 15.8%

March 165,000 + 3.1% 100,000 - 3.0%

April 164,950 + 4.4% 100,000 - 13.4%

Median price point for all closed sales, not accounting for seller concessions, in a given month.

$157,950

$100,000

$158,000

$115,500

$164,950

$100,000

April

-13.4%+15.5%+4.4%+0.0%

201320122011 201320122011

$163,000

$105,000

$160,508

$103,000

$165,000

$102,000

Year to Date

-1.0%-1.9%+2.8%-1.5%

201320122011 201320122011

Median 162,265 - 1.1% 105,000 - 3.4%

+


$157,950

$100,000

$158,000

$115,500

$164,950

$100,000

Single-Family Condo

April

$75,000

$100,000

$125,000

$150,000

$175,000

$200,000

$225,000

$250,000

$275,000

1-2004 1-2005 1-2006 1-2007 1-2008 1-2009 1-2010 1-2011 1-2012 1-2013

Historical Median Sales Price Single-Family Condo

-13.4%+15.5%+4.4%+0.0%

201320122011 201320122011

$163,000

$105,000

$160,508

$103,000

$165,000

$102,000

Single-Family Condo

Year to Date

-1.0%-1.9%+2.8%-1.5%

201320122011 201320122011

Average Sales Price

MonthSingle-Family

YoYChg.

CondoYoYChg.

May 201,343 + 2.5% 143,856 - 3.7%

June 215,184 - 4.5% 142,841 - 2.6%

July 205,259 + 0.9% 136,806 - 5.8%

August 208,036 + 6.4% 129,716 + 5.1%

September 188,745 - 9.1% 128,539 - 6.6%

October 197,199 - 10.3% 133,098 - 13.7%

November 194,732 - 5.3% 133,763 + 1.3%

December 205,273 - 7.2% 146,123 + 9.9%

January 202,441 - 0.4% 134,025 + 8.7%

February 210,081 + 2.4% 138,660 + 7.2%

March 212,642 + 1.0% 131,839 + 1.1%

April 218,551 + 12.7% 130,387 - 9.0%

Average sales price for all closed sales, not accounting for seller concessions, in a given month.

$209,163

$129,679

$193,856

$143,335

$218,551

$130,387

April

- 9.0%+ 10.5%+ 12.7%- 7.3%

201320122011 201320122011

$212,607

$135,730

$203,178

$132,778

$211,727

$133,601

Year to Date

+ 0.6%- 2.2%+ 4.2%- 4.4%

201320122011 201320122011

Average 189,999 - 0.5% 135,957 - 1.3%

+


$209,163

$129,679

$193,856

$143,335

$218,551

$130,387

Single-Family Condo

April

$100,000

$150,000

$200,000

$250,000

$300,000

$350,000

1-2004 1-2005 1-2006 1-2007 1-2008 1-2009 1-2010 1-2011 1-2012 1-2013

Historical Average Sales Price Single-Family Condo

- 9.0%+ 10.5%+ 12.7%- 7.3%

201320122011 201320122011

$212,607

$135,730

$203,178

$132,778

$211,727

$133,601

Single-Family Condo

Year to Date

+ 0.6%- 2.2%+ 4.2%- 4.4%

201320122011 201320122011

Percent of List Price Received

MonthSingle-Family

YoYChg.

CondoYoYChg.

May 95.3% + 1.5% 93.7% - 0.1%

June 96.1% + 1.9% 93.9% + 0.6%

July 94.9% + 0.6% 94.3% + 2.6%

August 94.6% + 0.7% 93.9% - 1.1%

September 94.8% + 0.1% 94.0% + 0.9%

October 95.7% + 1.5% 93.9% + 2.1%

November 95.6% + 1.5% 93.6% - 0.1%

December 95.4% + 1.4% 94.2% + 1.1%

January 95.1% - 0.5% 93.9% + 1.4%

February 94.4% - 1.0% 94.0% + 0.8%

March 96.0% + 1.6% 93.9% + 1.0%

April 95.5% + 0.4% 94.1% - 0.6%

Percentage found when dividing a property’s sales price by its last list price, then taking the average for all properties sold in a given month, not accounting for seller concessions.

93.9% 93.8%95.1% 94.7%95.5% 94.1%

April

-0.6%+1.0%+0.4%+1.3%

201320122011 201320122011

94.4% 93.8%95.1% 93.5%95.3% 94.0%

Year to Date

+0.5%-0.3%+0.3%+0.7%

201320122011 201320122011

Average 91.4% + 2.6% 89.1% + 1.7%

+


93.9% 93.8%95.1% 94.7%95.5% 94.1%

Single-Family Condo

April

90%

92%

94%

96%

98%

100%

1-2004 1-2005 1-2006 1-2007 1-2008 1-2009 1-2010 1-2011 1-2012 1-2013

Historical Percent of List Price Received Single-Family Condo

-0.6%+1.0%+0.4%+1.3%

201320122011 201320122011

94.4% 93.8%95.1% 93.5%95.3% 94.0%

Single-Family Condo

Year to Date

+0.5%-0.3%+0.3%+0.7%

201320122011 201320122011

Housing Affordability Index

MonthSingle-Family

YoYChg.

CondoYoYChg.

May 153 + 12.1% 225 + 0.6%

June 157 + 10.7% 219 + 15.6%

July 153 + 22.5% 246 + 16.8%

August 152 + 11.1% 232 + 25.3%

September 163 + 7.7% 237 + 7.1%

October 158 + 15.2% 234 + 15.1%

November 163 + 14.5% 233 + 11.7%

December 157 + 11.0% 226 + 0.1%

January 161 + 9.5% 250 + 8.7%

February 150 + 9.2% 222 + 6.9%

March 154 + 3.9% 238 - 6.7%

April 156 + 2.2% 241 + 6.9%

This index measures housing affordability for the region. An index of 120 means the median household income was 120% of what is necessary to qualify for the median-priced home under prevailing interest rates. A higher number means greater affordability.

138

206

154

207

156

241

April

+6.9%+16.9%+2.2%+21.7%

201320122011 201320122011

138

206

154

207

156

241

Year to Date

+6.9%+16.9%+2.2%+21.7%

201320122011 201320122011

Average 156 + 10.8% 234 + 9.0%

+


138

206

154

207

156

241

Single-Family Condo

April

75

100

125

150

175

200

225

250

275

1-2008 1-2009 1-2010 1-2011 1-2012 1-2013

Historical Housing Affordability Index Single-Family Condo

+6.9%+16.9%+2.2%+21.7%

201320122011 201320122011

138

206

154

207

156

241

Single-Family Condo

Year to Date

+6.9%+16.9%+2.2%+21.7%

201320122011 201320122011


MonthSingle-Family

YoYChg.

CondoYoYChg.

May 4,289 - 10.9% 4,182 - 11.5%

June 4,280 - 11.1% 4,063 - 13.5%

July 4,204 - 10.8% 3,975 - 14.3%

August 4,211 - 9.9% 3,885 - 14.5%

September 4,198 - 8.0% 3,732 - 16.5%

October 4,088 - 9.8% 3,661 - 17.5%

November 4,102 - 9.1% 3,634 - 18.4%

December 3,952 - 6.9% 3,479 - 19.1%

January 4,051 - 6.1% 3,575 - 18.4%

February 4,145 - 3.9% 3,630 - 17.3%

March 4,131 - 4.1% 3,589 - 17.5%

April 4,000 - 7.1% 3,520 - 16.5%

The number of properties available for sale in active status at the end of a given month.

4,873 4,7544,306 4,218

4,0003,520

April

-16.5%-11.3%-7.1%-11.6%

201320122011 201320122011

Average 3,193 - 7.6% 3,602 - 16.4%

+


4,873 4,7544,306 4,218

4,0003,520

Single-Family Condo

April

500

1,500

2,500

3,500

4,500

5,500

6,500

1-2004 1-2005 1-2006 1-2007 1-2008 1-2009 1-2010 1-2011 1-2012 1-2013

Historical Inventory of Homes for Sale Single-Family Condo

-16.5%-11.3%-7.1%-11.6%

201320122011 201320122011

Months Supply of Inventory

MonthSingle-Family

YoYChg.

CondoYoYChg.

May 11.5 - 21.8% 14 - 12.0%

June 11.2 - 23.0% 13.1 - 16.5%

July 10.9 - 22.1% 12.6 - 18.8%

August 10.7 - 22.4% 12.2 - 19.3%

September 10.5 - 20.7% 11.5 - 23.6%

October 9.9 - 24.3% 11.1 - 27.1%

November 9.9 - 24.0% 10.9 - 28.5%

December 9.5 - 22.2% 10.4 - 29.4%

January 9.5 - 22.2% 10.5 - 28.7%

February 9.7 - 19.6% 10.7 - 27.8%

March 9.5 - 20.6% 10.5 - 28.0%

April 8.8 - 25.5% 10.2 - 27.1%

The inventory of homes for sale at the end of a given month, divided by the average monthly pending sales from the last 12 months.

15.2 15.8

11.8

14.0

8.810.2

April

-27.1%-11.5%-25.5%-22.6%

201320122011 201320122011

Average 8.0 - 26.2% 10.3 - 26.9%

+


15.2 15.8

11.8

14.0

8.810.2

Single-Family Condo

April

0

5

10

15

20

25

30

1-2005 1-2006 1-2007 1-2008 1-2009 1-2010 1-2011 1-2012 1-2013

Historical Months Supply of Inventory Single-Family Condo

-27.1%-11.5%-25.5%-22.6%

201320122011 201320122011

April 2013 Quick Facts

$150,001 to $200,000 3 Bedrooms

234567

Housing Supply Overview

+ 19.4% + 22.2%The spring market is here in full swing. Buyers are showing good turnout but too many sellers remain sidelined. That's creating a more competitive landscape for buyers. For the 12-month period spanning May 2012 through April 2013, Closed Sales in the Coastal Carolinas region were up 17.8 percent overall. The price range with the largest gain in sales was the $150,001 to $200,000 range, where they increased 19.4 percent.

The overall Median Sales Price was down 0.4 percent to $139,000. The property type with the smallest price decline was the Single-Family segment, where prices decreased 1.1 percent to $162,265. The price range that tended to sell the quickest was the $150,000 and Below range at 158 days; the price range that tended to sell the slowest was the $300,001 and Above range at 214 days.

Market-wide, inventory levels were down 11.8 percent. The property type that lost the least inventory was the Single-Family segment, where it decreased 7.1 percent. That amounts to 8.8 months supply for Single-Family homes and 10.2 months supply for Condos.

+ 20.3%

Click on desired metric to jump to that page.

Price Range With the Strongest Sales:

Bedroom Count With Strongest Sales:

Property Type With Strongest Sales:

Single-Family Homes

A RESEARCH TOOL PROVIDED BY THE COASTAL CAROLINAS ASSOCIATION OF REALTORS®

Closed SalesDays on Market Until SaleMedian Sales PricePercent of List Price ReceivedInventory of Homes for SaleMonths Supply of Inventory

All data comes from the Coastal Carolinas Association of REALTORS® Multiple Listing Service. Provided by South Carolina REALTORS®. Powered by 10K Research and Marketing. | 1

Closed Sales

By Price Range 4-2012 4-2013 Change 4-2012 4-2013 Change 4-2012 4-2013 Change

$150,000 and Below 4,093 4,886 + 19.4% 1,727 2,166 + 25.4% 2,366 2,720 + 15.0%

$150,001 to $200,000 1,342 1,603 + 19.4% 863 1,039 + 20.4% 479 564 + 17.7%

$200,001 to $250,000 794 921 + 16.0% 535 633 + 18.3% 259 288 + 11.2%

$250,001 to $300,000 569 618 + 8.6% 389 437 + 12.3% 180 181 + 0.6%

$300,001 and Above 923 1,070 + 15.9% 674 808 + 19.9% 249 262 + 5.2%

All Price Ranges 7,721 9,098 + 17.8% 3,670 4,485 + 22.2% 3,351 3,785 + 13.0%

By Bedroom Count 4-2012 4-2013 Change 4-2012 4-2013 Change 4-2012 4-2013 Change

2 Bedrooms or Less 2,274 2,635 + 15.9% 260 330 + 26.9% 2,014 2,305 + 14.4%

3 Bedrooms 3,826 4,603 + 20.3% 2,700 3,303 + 22.3% 1,126 1,300 + 15.5%

4 Bedrooms or More 1,355 1,588 + 17.2% 1,228 1,449 + 18.0% 127 139 + 9.4%

All Bedroom Counts 7,721 9,098 + 17.8% 3,670 4,485 + 22.2% 3,351 3,785 + 13.0%

A count of the actual sales that have closed. Based on a rolling 12-month total.


All Properties Single-Family Homes Condos

4,093

1,342

794 569

923

4,886

1,603

921 618

1,070

$150,000 and Below

$150,001 to $200,000

$200,001 to $250,000

$250,001 to $300,000

$300,001 and Above

By Price Range 4-2012 4-2013

2,274

3,826

1,355

2,635

4,603

1,588

2 Bedrooms or Less

3 Bedrooms 4 Bedrooms or More

By Bedroom Count 4-2012 4-2013

+ 19.4%

3,670 3,351

4,485

3,785

Single-Family Homes Condos

By Property Type 4-2012 4-2013

+ 19.4% + 16.0% + 8.6% + 15.9% + 22.2% + 13.0% + 15.9% + 20.3% + 17.2%

Days on Market Until Sale


$150,000 and Below 169 158 - 6.1% 170 151 - 11.2% 167 164 - 2.0%

$150,001 to $200,000 189 170 - 9.8% 175 153 - 12.7% 213 201 - 5.5%

$200,001 to $250,000 182 185 + 1.6% 177 179 + 1.5% 193 199 + 2.7%

$250,001 to $300,000 198 183 - 7.6% 187 181 - 3.4% 229 190 - 16.9%

$300,001 and Above 211 214 + 1.7% 212 209 - 1.1% 209 232 + 10.9%

All Price Ranges 180 170 - 5.1% 179 166 - 7.5% 180 176 - 2.0%


2 Bedrooms or Less 175 169 - 3.4% 179 155 - 13.4% 175 172 - 1.9%

3 Bedrooms 178 167 - 5.9% 174 160 - 8.5% 185 186 + 0.5%

4 Bedrooms or More 194 186 - 4.2% 191 183 - 4.0% 225 214 - 4.9%

All Bedroom Counts 180 170 - 5.1% 179 166 - 7.5% 180 176 - 2.0%

Average number of days between when a property is listed and when an offer is accepted. Based on a rolling 12-month average.



169

189 182 198

211

158 170

185 183

214

$150,000 and Below

$150,001 to $200,000

$200,001 to $250,000

$250,001 to $300,000

$300,001 and Above


175 178

194

169 167

186

2 Bedrooms or Less



- 6.1%

179 180

166

176



- 9.8% + 1.6% - 7.6% + 1.7% - 7.5% - 2.0% - 3.4% - 5.9% - 4.2%

Median Sales Price


2 Bedrooms or Less $90,000 $90,000 0.0% $90,700 $93,500 + 3.1% $90,000 $90,000 0.0%

3 Bedrooms $150,000 $149,900 - 0.1% $149,900 $147,500 - 1.6% $157,500 $155,000 - 1.6%

4 Bedrooms or More $252,000 $252,500 + 0.2% $250,000 $250,000 0.0% $298,500 $287,000 - 3.9%

All Bedroom Counts $139,500 $139,000 - 0.4% $164,000 $162,265 - 1.1% $108,000 $105,000 - 2.8%

Median price point for all closed sales, not accounting for seller concessions. Based on a rolling 12-month median.



$90,000

$150,000

$252,000

$90,000

$149,900

$252,500

2 Bedrooms or Less 3 Bedrooms 4 Bedrooms or More


$139,500

$164,000

$108,000

$139,000

$162,265

$105,000



- 1.1% - 2.8% 0.0% - 0.1% - 0.4% + 0.2%

Percent of List Price Received


$150,000 and Below 93.4% 93.9% + 0.5% 93.6% 94.3% + 0.7% 93.2% 93.6% + 0.4%

$150,001 to $200,000 95.1% 96.1% + 1.1% 95.7% 96.8% + 1.1% 93.9% 94.9% + 1.1%

$200,001 to $250,000 94.6% 95.8% + 1.3% 95.5% 96.5% + 1.0% 92.8% 94.4% + 1.7%

$250,001 to $300,000 95.2% 96.0% + 0.8% 96.0% 96.5% + 0.5% 93.0% 94.4% + 1.5%

$300,001 and Above 93.8% 94.7% + 1.0% 93.7% 94.6% + 1.0% 94.1% 95.2% + 1.2%

All Price Ranges 94.0% 94.7% + 0.7% 94.5% 95.3% + 0.8% 93.3% 93.9% + 0.6%


2 Bedrooms or Less 93.0% 93.3% + 0.3% 91.4% 92.2% + 0.9% 93.2% 93.5% + 0.3%

3 Bedrooms 94.6% 95.4% + 0.8% 95.0% 95.7% + 0.7% 93.7% 94.6% + 1.0%

4 Bedrooms or More 93.9% 95.1% + 1.3% 93.9% 95.1% + 1.3% 93.5% 95.1% + 1.7%

All Bedroom Counts 94.0% 94.7% + 0.7% 94.5% 95.3% + 0.8% 93.3% 93.9% + 0.6%

Percentage found when dividing a property’s sales price by its last list price, then taking the average for all properties sold, not accounting for seller concessions. Based on a rolling 12-month average.



93.4%

95.1%

94.6%

95.2%

93.8% 93.9%

96.1% 95.8%

96.0%

94.7%

$150,000 and Below

$150,001 to $200,000

$200,001 to $250,000

$250,001 to $300,000

$300,001 and Above


93.0%

94.6%

93.9%

93.3%

95.4% 95.1%

2 Bedrooms or Less



+ 0.5%

94.5%

93.3%

95.3%

93.9%



+ 1.1% + 1.3% + 0.8% + 1.0% + 0.8% + 0.6% + 0.3% + 0.8% + 1.3%



$150,000 and Below 3,667 2,997 - 18.3% 1,283 1,071 - 16.5% 2,384 1,926 - 19.2%

$150,001 to $200,000 1,396 1,234 - 11.6% 759 683 - 10.0% 637 551 - 13.5%

$200,001 to $250,000 866 885 + 2.2% 532 577 + 8.5% 334 308 - 7.8%

$250,001 to $300,000 661 560 - 15.3% 413 357 - 13.6% 248 203 - 18.1%

$300,001 and Above 1,934 1,844 - 4.7% 1,319 1,312 - 0.5% 615 532 - 13.5%

All Price Ranges 8,524 7,520 - 11.8% 4,306 4,000 - 7.1% 4,218 3,520 - 16.5%


2 Bedrooms or Less 2,703 2,257 - 16.5% 268 232 - 13.4% 2,435 2,025 - 16.8%

3 Bedrooms 3,757 3,301 - 12.1% 2,442 2,227 - 8.8% 1,315 1,074 - 18.3%

4 Bedrooms or More 1,809 1,722 - 4.8% 1,595 1,540 - 3.4% 214 182 - 15.0%

All Bedroom Counts 8,524 7,520 - 11.8% 4,306 4,000 - 7.1% 4,218 3,520 - 16.5%

The number of properties available for sale in active status at the end of the most recent month. Based on one month of activity.



3,667

1,396

866 661

1,934

2,997

1,234

885

560

1,844

$150,000 and Below

$150,001 to $200,000

$200,001 to $250,000

$250,001 to $300,000

$300,001 and Above


2,703

3,757

1,809

2,257

3,301

1,722

2 Bedrooms or Less



- 18.3%

4,306 4,218 4,000

3,520



- 11.6% + 2.2% - 15.3% - 4.7% - 7.1% - 16.5% - 16.5% - 12.1% - 4.8%

Months Supply of Inventory


$150,000 and Below 10.4 7.1 - 31.5% 8.4 5.7 - 32.4% 11.8 8.2 - 30.4%

$150,001 to $200,000 12.1 8.5 - 29.5% 10.1 7.1 - 29.5% 15.8 11.3 - 28.6%

$200,001 to $250,000 12.8 10.7 - 16.7% 11.5 9.8 - 14.5% 15.7 12.7 - 18.9%

$250,001 to $300,000 13.6 9.8 - 28.1% 12.5 8.5 - 32.3% 15.7 13.2 - 15.9%

$300,001 and Above 23.9 19.8 - 17.0% 22.2 18.3 - 17.4% 28.5 24.7 - 13.2%

All Price Ranges 12.8 9.4 - 26.5% 11.8 8.8 - 25.5% 14.0 10.2 - 27.1%


2 Bedrooms or Less 13.8 10.0 - 27.9% 11.2 8.4 - 25.0% 14.2 10.2 - 28.2%

3 Bedrooms 11.4 8.0 - 29.4% 10.4 7.5 - 28.4% 13.8 9.6 - 30.4%

4 Bedrooms or More 15.2 12.2 - 19.7% 14.8 11.8 - 20.1% 18.7 16.3 - 13.0%

All Bedroom Counts 12.8 9.4 - 26.5% 11.8 8.8 - 25.5% 14.0 10.2 - 27.1%

The inventory of homes for sale at the end of the most recent month, based on one month of activity, divided by the average monthly pending sales from the last 12 months.



10.4 12.1 12.8 13.6

23.9

7.1 8.5

10.7 9.8

19.8

$150,000 and Below

$150,001 to $200,000

$200,001 to $250,000

$250,001 to $300,000

$300,001 and Above


13.8

11.4

15.2

10.0

8.0

12.2

2 Bedrooms or Less



- 31.5%

11.8

14.0

8.8

10.2



- 29.5% - 16.7% - 28.1% - 17.0% - 25.5% - 27.1% - 27.9% - 29.4% - 19.7%

Documents

April, 2013 Market Report