Current Week Versus 1 yr Ago One Year Ago % Change One Year Ago On the Market Now 10,289 ▼ 11,597-11.3% Resale 9,228 ▼ 10,340-10.8% New Construction 1,061.

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Presentation transcript:

Current Week Versus 1 yr Ago One Year Ago % Change One Year Ago On the Market Now 10,289 ▼ 11, % Resale 9,228 ▼ 10, % New Construction 1,061 ▼ 1, % Estimated months to absorb resale inventory 6.18 months ▼ 7.4 months -16.5% Estimated months to absorb new inventory 4.31 months ▼ 6.0 months -28.2% Source:Analysis by:

Source:Analysis by: Versus 1 yr Ago One Year Ago % Change One Year Ago For the week ending 10/21/12 # Price reductions (current) 471 ▼ % # Entered market 544 ▲ % # Off Market 544 ▼ % On/Off Ratio 1.00 ▲ %

Source:Analysis by: Current Week Versus 1 yr Ago One Year Ago % Change One Year Ago Contracts Ratified Week of 02/06-02/ ▼ % Bank REO/GOVT owned 58 (19%) ▼ 95 (30.5%) -38.9% Short Sale 22 (7.2%) ▼ 23 (7.4%) -4.3% Resale Detached 190 ▼ % Resale Attached 59 ▼ % New Construction Detached 42 ▲ % New Construction Attached 14 ▲ 955.6%

Source: All Types$306,859 Detached$336,130 Multistory$271,627 Multiplex$225,833 Townhome$249,503

Source:

Analysis by:

Source:

Price$435,347$567,213$426,829 Size (sqft)3,3203,3663,083 $/sqft$131/sqft$169/sqft$138/sqft Source:Analysis by:

#1 Source: John Burns Real Estate Consulting

 Ageing population  Wider hallways  Ramps & on-grade entrances Source: American Institute of Architects