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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 on theme: "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."— Presentation transcript:

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2 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 ▼ 1,257-15.6% 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:

3 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 ▼ 561-16% # Entered market 544 ▲ 5008.8% # Off Market 544 ▼ 609-10.7% On/Off Ratio 1.00 ▲ 0.822.0%

4 Source:Analysis by: Current Week Versus 1 yr Ago One Year Ago % Change One Year Ago Contracts Ratified Week of 02/06-02/12 305 ▼ 312-2.2% Bank REO/GOVT owned 58 (19%) ▼ 95 (30.5%) -38.9% Short Sale 22 (7.2%) ▼ 23 (7.4%) -4.3% Resale Detached 190 ▼ 215-11.6% Resale Attached 59 ▼ 63-6.3% New Construction Detached 42 ▲ 2568.0% New Construction Attached 14 ▲ 955.6%

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

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8 Analysis by:

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11 200420072012 Price$435,347$567,213$426,829 Size (sqft)3,3203,3663,083 $/sqft$131/sqft$169/sqft$138/sqft Source:Analysis by:

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13 #1 Source: John Burns Real Estate Consulting

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

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