Local Market Update – April 2012 Market Updates April 2012.pdfLocal Market Update – April 2012...

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2011 2012 + / – 2011 2012 + / – New Listings 4,460 4,526 + 1.5% 17,905 17,143 - 4.3% Closed Sales 1,882 2,170 + 15.3% 6,518 7,423 + 13.9% Median Sales Price* $153,000 $159,995 + 4.6% $148,000 $151,500 + 2.4% Average Sales Price* $203,442 $214,779 + 5.6% $193,154 $197,399 + 2.2% Percent of Original List Price Received* 88.9% 92.0% + 3.4% 88.3% 91.1% + 3.2% List to Close 154 145 - 5.8% 155 150 - 3.2% Inventory of Homes for Sale 24,150 19,633 - 18.7% -- -- -- Months Supply of Inventory 13.7 9.7 - 29.3% -- -- -- + 4.6% Change in New Listings Change in Closed Sales Change in Median Sales Price April Local Market Update – April 2012 A RESEARCH TOOL PROVIDED BY THE CHARLOTTE REGIONAL REALTOR® ASSOCIATION Entire CMLS Area + 1.5% + 15.3% FOR MORE INFORMATION CONTACT A REALTOR® Year to Date * Does not account for seller concessions. | Activity for one month can sometimes look extreme due to small sample size. Current as of May 7, 2012. All data from Carolina Multiple Listing Services, Inc. Report provided by the Charlotte Regional REALTOR® Association. Powered by 10K Research and Marketing. ** Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each of the 6 months used in a dot are proportioned according to their share of sales during that period. Entire CMLS Area - 10% - 8% - 6% - 4% - 2% 0% + 2% + 4% + 6% 1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011 1-2012 Change in Median Sales Price from Prior Year (6-Month Average)** b - 10% - 8% - 6% - 4% - 2% 0% + 2% + 4% + 6% 1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011 1-2012 Change in Median Sales Price from Prior Year (6-Month Average)** b 17,905 6,518 17,143 7,423 New Listings Closed Sales Year to Date 2011 2012 + 13.9% - 4.3% 4,460 1,882 4,526 2,170 New Listings Closed Sales April 2011 2012 + 15.3% + 1.5%

Transcript of Local Market Update – April 2012 Market Updates April 2012.pdfLocal Market Update – April 2012...

Page 1: Local Market Update – April 2012 Market Updates April 2012.pdfLocal Market Update – April 2012 April Year to Date + 26.4% + 20.7% - 1.3% Change in New Listings Change in Iredell

2011 2012 + / – 2011 2012 + / –

New Listings 4,460 4,526 + 1.5% 17,905 17,143 - 4.3%

Closed Sales 1,882 2,170 + 15.3% 6,518 7,423 + 13.9%

Median Sales Price* $153,000 $159,995 + 4.6% $148,000 $151,500 + 2.4%

Average Sales Price* $203,442 $214,779 + 5.6% $193,154 $197,399 + 2.2%

Percent of Original List Price Received* 88.9% 92.0% + 3.4% 88.3% 91.1% + 3.2%

List to Close 154 145 - 5.8% 155 150 - 3.2%

Inventory of Homes for Sale 24,150 19,633 - 18.7% -- -- --

Months Supply of Inventory 13.7 9.7 - 29.3% -- -- --

+ 4.6%Change in

New ListingsChange in

Closed SalesChange in

Median Sales Price

April

Local Market Update – April 2012 A RESEARCH TOOL PROVIDED BY THE CHARLOTTE REGIONAL REALTOR® ASSOCIATION

Entire CMLS Area+ 1.5% + 15.3%

FOR MORE INFORMATION CONTACT A REALTOR®

Year to Date

* Does not account for seller concessions. | Activity for one month can sometimes look extreme due to small sample size.

17,905 17,143

Year to Date 2011 2012

4,460 4,526

April 2011 2012

Current as of May 7, 2012. All data from Carolina Multiple Listing Services, Inc. Report provided by the Charlotte Regional REALTOR® Association. Powered by 10K Research and Marketing.

** Each dot represents the change in median sales price from the prior year using a 6-month weighted average.This means that each of the 6 months used in a dot are proportioned according to their share of sales during that period.

Entire CMLS Area

- 10%

- 8%

- 6%

- 4%

- 2%

0%

+ 2%

+ 4%

+ 6%

1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011 1-2012

Change in Median Sales Price from Prior Year (6-Month Average)** b

17,905

6,518

17,143

7,423

New Listings Closed Sales

Year to Date 2011 2012

+ 13.9%- 4.3%

4,460

1,882

4,526

2,170

New Listings Closed Sales

April 2011 2012

+ 15.3%+ 1.5%

y , p g , p p y g y g

- 10%

- 8%

- 6%

- 4%

- 2%

0%

+ 2%

+ 4%

+ 6%

1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011 1-2012

Change in Median Sales Price from Prior Year (6-Month Average)** b

17,905

6,518

17,143

7,423

New Listings Closed Sales

Year to Date 2011 2012

+ 13.9%- 4.3%

4,460

1,882

4,526

2,170

New Listings Closed Sales

April 2011 2012

+ 15.3%+ 1.5%

Page 2: Local Market Update – April 2012 Market Updates April 2012.pdfLocal Market Update – April 2012 April Year to Date + 26.4% + 20.7% - 1.3% Change in New Listings Change in Iredell

2011 2012 + / – 2011 2012 + / –

New Listings 334 292 - 12.6% 1,325 1,308 - 1.3%

Closed Sales 149 175 + 17.4% 520 563 + 8.3%

Median Sales Price* $150,064 $163,000 + 8.6% $154,400 $154,933 + 0.3%

Average Sales Price* $165,917 $182,745 + 10.1% $172,249 $171,330 - 0.5%

Percent of Original List Price Received* 90.1% 92.5% + 2.6% 89.7% 91.7% + 2.2%

List to Close 153 135 - 11.6% 160 143 - 10.7%

Inventory of Homes for Sale 1,734 1,515 - 12.6% -- -- --

Months Supply of Inventory 12.8 10.4 - 18.5% -- -- --

* Does not account for seller concessions. | Activity for one month can sometimes look extreme due to small sample size.

Change in Median Sales Price

A RESEARCH TOOL PROVIDED BY THE CHARLOTTE REGIONAL REALTOR® ASSOCIATION

Local Market Update – April 2012

April Year to Date

- 12.6% + 17.4% + 8.6%Change in

New ListingsChange in

Closed SalesCabarrus County

FOR MORE INFORMATION CONTACT A REALTOR®

1,325 1,308

Year to Date 2011 2012

334292

April 2011 2012

Cabarrus County

Current as of May 7, 2012. All data from Carolina Multiple Listing Services, Inc. Report provided by the Charlotte Regional REALTOR® Association. Powered by 10K Research and Marketing.

** Each dot represents the change in median sales price from the prior year using a 6-month weighted average.This means that each of the 6 months used in a dot are proportioned according to their share of sales during that period.

Entire CMLS Area

- 12%

- 10%

- 8%

- 6%

- 4%

- 2%

0%

+ 2%

+ 4%

+ 6%

+ 8%

+ 10%

1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011 1-2012

Change in Median Sales Price from Prior Year (6-Month Average)** ba

1,325

520

1,308

563

New Listings Closed Sales

Year to Date 2011 2012

+ 8.3%- 1.3%

334

149

292

175

New Listings Closed Sales

April 2011 2012

+ 17.4%- 12.6%

y , p g , p p y g y g

- 12%

- 10%

- 8%

- 6%

- 4%

- 2%

0%

+ 2%

+ 4%

+ 6%

+ 8%

+ 10%

1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011 1-2012

Change in Median Sales Price from Prior Year (6-Month Average)** ba

1,325

520

1,308

563

New Listings Closed Sales

Year to Date 2011 2012

+ 8.3%- 1.3%

334

149

292

175

New Listings Closed Sales

April 2011 2012

+ 17.4%- 12.6%

Page 3: Local Market Update – April 2012 Market Updates April 2012.pdfLocal Market Update – April 2012 April Year to Date + 26.4% + 20.7% - 1.3% Change in New Listings Change in Iredell

2011 2012 + / – 2011 2012 + / –

New Listings 300 321 + 7.0% 1,269 1,243 - 2.0%

Closed Sales 119 166 + 39.5% 452 520 + 15.0%

Median Sales Price* $100,000 $117,750 + 17.8% $103,000 $110,000 + 6.8%

Average Sales Price* $125,949 $127,525 + 1.3% $123,061 $122,757 - 0.2%

Percent of Original List Price Received* 87.4% 89.9% + 2.9% 87.3% 89.5% + 2.6%

List to Close 160 166 + 3.3% 153 155 + 1.1%

Inventory of Homes for Sale 1,738 1,488 - 14.4% -- -- --

Months Supply of Inventory 13.9 10.9 - 21.9% -- -- --

* Does not account for seller concessions. | Activity for one month can sometimes look extreme due to small sample size.

Change in Median Sales Price

A RESEARCH TOOL PROVIDED BY THE CHARLOTTE REGIONAL REALTOR® ASSOCIATION

Local Market Update – April 2012

April Year to Date

+ 7.0% + 39.5% + 17.8%Change in

New ListingsChange in

Closed SalesGaston County

FOR MORE INFORMATION CONTACT A REALTOR®

1,269 1,243

Year to Date 2011 2012

300321

April 2011 2012

Gaston County

Current as of May 7, 2012. All data from Carolina Multiple Listing Services, Inc. Report provided by the Charlotte Regional REALTOR® Association. Powered by 10K Research and Marketing.

** Each dot represents the change in median sales price from the prior year using a 6-month weighted average.This means that each of the 6 months used in a dot are proportioned according to their share of sales during that period.

Entire CMLS Area

- 30%

- 25%

- 20%

- 15%

- 10%

- 5%

0%

+ 5%

+ 10%

+ 15%

+ 20%

+ 25%

1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011 1-2012

Change in Median Sales Price from Prior Year (6-Month Average)** ba

1,269

452

1,243

520

New Listings Closed Sales

Year to Date 2011 2012

+ 15.0%- 2.0%

300

119

321

166

New Listings Closed Sales

April 2011 2012

+ 39.5%+ 7.0%

y , p g , p p y g y g

- 30%

- 25%

- 20%

- 15%

- 10%

- 5%

0%

+ 5%

+ 10%

+ 15%

+ 20%

+ 25%

1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011 1-2012

Change in Median Sales Price from Prior Year (6-Month Average)** ba

1,269

452

1,243

520

New Listings Closed Sales

Year to Date 2011 2012

+ 15.0%- 2.0%

300

119

321

166

New Listings Closed Sales

April 2011 2012

+ 39.5%+ 7.0%

Page 4: Local Market Update – April 2012 Market Updates April 2012.pdfLocal Market Update – April 2012 April Year to Date + 26.4% + 20.7% - 1.3% Change in New Listings Change in Iredell

2011 2012 + / – 2011 2012 + / –

New Listings 299 378 + 26.4% 1,271 1,292 + 1.7%

Closed Sales 135 163 + 20.7% 407 555 + 36.4%

Median Sales Price* $160,000 $158,000 - 1.3% $150,000 $165,000 + 10.0%

Average Sales Price* $232,491 $226,155 - 2.7% $218,906 $236,536 + 8.1%

Percent of Original List Price Received* 88.0% 91.1% + 3.6% 86.6% 90.6% + 4.7%

List to Close 166 149 - 10.0% 167 160 - 4.2%

Inventory of Homes for Sale 1,866 1,548 - 17.0% -- -- --

Months Supply of Inventory 15.7 11.0 - 29.7% -- -- --

* Does not account for seller concessions. | Activity for one month can sometimes look extreme due to small sample size.

Change in Median Sales Price

A RESEARCH TOOL PROVIDED BY THE CHARLOTTE REGIONAL REALTOR® ASSOCIATION

Local Market Update – April 2012

April Year to Date

+ 26.4% + 20.7% - 1.3%Change in

New ListingsChange in

Closed SalesIredell County

FOR MORE INFORMATION CONTACT A REALTOR®

1,271 1,292

Year to Date 2011 2012

299

378

April 2011 2012

Iredell County

Current as of May 7, 2012. All data from Carolina Multiple Listing Services, Inc. Report provided by the Charlotte Regional REALTOR® Association. Powered by 10K Research and Marketing.

** Each dot represents the change in median sales price from the prior year using a 6-month weighted average.This means that each of the 6 months used in a dot are proportioned according to their share of sales during that period.

Entire CMLS Area

- 15%

- 10%

- 5%

0%

+ 5%

+ 10%

+ 15%

1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011 1-2012

Change in Median Sales Price from Prior Year (6-Month Average)** ba

1,271

407

1,292

555

New Listings Closed Sales

Year to Date 2011 2012

+ 36.4%+ 1.7%

299

135

378

163

New Listings Closed Sales

April 2011 2012

+ 20.7%+ 26.4%

y , p g , p p y g y g

- 15%

- 10%

- 5%

0%

+ 5%

+ 10%

+ 15%

1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011 1-2012

Change in Median Sales Price from Prior Year (6-Month Average)** ba

1,271

407

1,292

555

New Listings Closed Sales

Year to Date 2011 2012

+ 36.4%+ 1.7%

299

135

378

163

New Listings Closed Sales

April 2011 2012

+ 20.7%+ 26.4%

Page 5: Local Market Update – April 2012 Market Updates April 2012.pdfLocal Market Update – April 2012 April Year to Date + 26.4% + 20.7% - 1.3% Change in New Listings Change in Iredell

2011 2012 + / – 2011 2012 + / –

New Listings 132 127 - 3.8% 523 518 - 1.0%

Closed Sales 47 71 + 51.1% 201 225 + 11.9%

Median Sales Price* $122,750 $215,000 + 75.2% $132,000 $152,500 + 15.5%

Average Sales Price* $161,987 $289,884 + 79.0% $174,831 $209,816 + 20.0%

Percent of Original List Price Received* 87.0% 91.4% + 5.0% 88.0% 90.1% + 2.4%

List to Close 146 157 + 7.3% 160 140 - 12.4%

Inventory of Homes for Sale 758 640 - 15.6% -- -- --

Months Supply of Inventory 14.7 11.5 - 21.7% -- -- --

* Does not account for seller concessions. | Activity for one month can sometimes look extreme due to small sample size.

Change in Median Sales Price

A RESEARCH TOOL PROVIDED BY THE CHARLOTTE REGIONAL REALTOR® ASSOCIATION

Local Market Update – April 2012

April Year to Date

- 3.8% + 51.1% + 75.2%Change in

New ListingsChange in

Closed SalesLincoln County

FOR MORE INFORMATION CONTACT A REALTOR®

523 518

Year to Date 2011 2012

132 127

April 2011 2012

Lincoln County

Current as of May 7, 2012. All data from Carolina Multiple Listing Services, Inc. Report provided by the Charlotte Regional REALTOR® Association. Powered by 10K Research and Marketing.

** Each dot represents the change in median sales price from the prior year using a 6-month weighted average.This means that each of the 6 months used in a dot are proportioned according to their share of sales during that period.

Entire CMLS Area

- 30%

- 20%

- 10%

0%

+ 10%

+ 20%

+ 30%

+ 40%

1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011 1-2012

Change in Median Sales Price from Prior Year (6-Month Average)** ba

523

201

518

225

New Listings Closed Sales

Year to Date 2011 2012

+ 11.9%- 1.0%

132

47

127

71

New Listings Closed Sales

April 2011 2012

+ 51.1%- 3.8%

y , p g , p p y g y g

- 30%

- 20%

- 10%

0%

+ 10%

+ 20%

+ 30%

+ 40%

1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011 1-2012

Change in Median Sales Price from Prior Year (6-Month Average)** ba

523

201

518

225

New Listings Closed Sales

Year to Date 2011 2012

+ 11.9%- 1.0%

132

47

127

71

New Listings Closed Sales

April 2011 2012

+ 51.1%- 3.8%

Page 6: Local Market Update – April 2012 Market Updates April 2012.pdfLocal Market Update – April 2012 April Year to Date + 26.4% + 20.7% - 1.3% Change in New Listings Change in Iredell

2011 2012 + / – 2011 2012 + / –

New Listings 434 417 - 3.9% 1,697 1,669 - 1.6%

Closed Sales 174 189 + 8.6% 601 699 + 16.3%

Median Sales Price* $171,000 $177,500 + 3.8% $168,750 $175,000 + 3.7%

Average Sales Price* $224,980 $250,340 + 11.3% $225,282 $247,160 + 9.7%

Percent of Original List Price Received* 91.2% 92.6% + 1.5% 88.8% 91.8% + 3.4%

List to Close 137 141 + 2.8% 165 150 - 9.0%

Inventory of Homes for Sale 2,244 1,810 - 19.3% -- -- --

Months Supply of Inventory 13.5 9.0 - 33.1% -- -- --

* Does not account for seller concessions. | Activity for one month can sometimes look extreme due to small sample size.

Change in Median Sales Price

A RESEARCH TOOL PROVIDED BY THE CHARLOTTE REGIONAL REALTOR® ASSOCIATION

Local Market Update – April 2012

April Year to Date

- 3.9% + 8.6% + 3.8%Change in

New ListingsChange in

Closed SalesUnion County

FOR MORE INFORMATION CONTACT A REALTOR®

1,697 1,669

Year to Date 2011 2012

434 417

April 2011 2012

Union County

Current as of May 7, 2012. All data from Carolina Multiple Listing Services, Inc. Report provided by the Charlotte Regional REALTOR® Association. Powered by 10K Research and Marketing.

** Each dot represents the change in median sales price from the prior year using a 6-month weighted average.This means that each of the 6 months used in a dot are proportioned according to their share of sales during that period.

Entire CMLS Area

- 15%

- 10%

- 5%

0%

+ 5%

+ 10%

1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011 1-2012

Change in Median Sales Price from Prior Year (6-Month Average)** ba

1,697

601

1,669

699

New Listings Closed Sales

Year to Date 2011 2012

+ 16.3%- 1.6%

434

174

417

189

New Listings Closed Sales

April 2011 2012

+ 8.6%- 3.9%

y , p g , p p y g y g

- 15%

- 10%

- 5%

0%

+ 5%

+ 10%

1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011 1-2012

Change in Median Sales Price from Prior Year (6-Month Average)** ba

1,697

601

1,669

699

New Listings Closed Sales

Year to Date 2011 2012

+ 16.3%- 1.6%

434

174

417

189

New Listings Closed Sales

April 2011 2012

+ 8.6%- 3.9%

Page 7: Local Market Update – April 2012 Market Updates April 2012.pdfLocal Market Update – April 2012 April Year to Date + 26.4% + 20.7% - 1.3% Change in New Listings Change in Iredell

2011 2012 + / – 2011 2012 + / –

New Listings 334 356 + 6.6% 1,332 1,383 + 3.8%

Closed Sales 144 173 + 20.1% 492 606 + 23.2%

Median Sales Price* $169,988 $181,500 + 6.8% $169,250 $170,000 + 0.4%

Average Sales Price* $209,851 $209,675 - 0.1% $204,734 $198,010 - 3.3%

Percent of Original List Price Received* 90.2% 93.9% + 4.1% 89.8% 93.1% + 3.7%

List to Close 181 133 - 26.3% 174 144 - 17.5%

Inventory of Homes for Sale 1,837 1,555 - 15.4% -- -- --

Months Supply of Inventory 13.9 9.4 - 32.2% -- -- --

* Does not account for seller concessions. | Activity for one month can sometimes look extreme due to small sample size.

Change in Median Sales Price

A RESEARCH TOOL PROVIDED BY THE CHARLOTTE REGIONAL REALTOR® ASSOCIATION

Local Market Update – April 2012

April Year to Date

+ 6.6% + 20.1% + 6.8%Change in

New ListingsChange in

Closed SalesYork County, SC

FOR MORE INFORMATION CONTACT A REALTOR®

1,332 1,383

Year to Date 2011 2012

334356

April 2011 2012

York County, SC

Current as of May 7, 2012. All data from Carolina Multiple Listing Services, Inc. Report provided by the Charlotte Regional REALTOR® Association. Powered by 10K Research and Marketing.

** Each dot represents the change in median sales price from the prior year using a 6-month weighted average.This means that each of the 6 months used in a dot are proportioned according to their share of sales during that period.

Entire CMLS Area

- 15%

- 10%

- 5%

0%

+ 5%

+ 10%

+ 15%

1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011 1-2012

Change in Median Sales Price from Prior Year (6-Month Average)** ba

1,332

492

1,383

606

New Listings Closed Sales

Year to Date 2011 2012

+ 23.2%+ 3.8%

334

144

356

173

New Listings Closed Sales

April 2011 2012

+ 20.1%+ 6.6%

y , p g , p p y g y g

- 15%

- 10%

- 5%

0%

+ 5%

+ 10%

+ 15%

1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011 1-2012

Change in Median Sales Price from Prior Year (6-Month Average)** ba

1,332

492

1,383

606

New Listings Closed Sales

Year to Date 2011 2012

+ 23.2%+ 3.8%

334

144

356

173

New Listings Closed Sales

April 2011 2012

+ 20.1%+ 6.6%

Page 8: Local Market Update – April 2012 Market Updates April 2012.pdfLocal Market Update – April 2012 April Year to Date + 26.4% + 20.7% - 1.3% Change in New Listings Change in Iredell

2011 2012 + / – 2011 2012 + / –

New Listings 2,057 2,028 - 1.4% 8,225 7,445 - 9.5%

Closed Sales 882 987 + 11.9% 3,052 3,347 + 9.7%

Median Sales Price* $161,000 $164,000 + 1.9% $153,990 $154,000 + 0.0%

Average Sales Price* $226,182 $228,231 + 0.9% $206,679 $205,572 - 0.5%

Percent of Original List Price Received* 89.3% 92.6% + 3.8% 88.7% 91.7% + 3.4%

List to Close 143 138 - 3.7% 144 146 + 1.7%

Inventory of Homes for Sale 10,239 7,768 - 24.1% -- -- --

Months Supply of Inventory 12.6 8.3 - 33.8% -- -- --

* Does not account for seller concessions. | Activity for one month can sometimes look extreme due to small sample size.

Change in Median Sales Price

A RESEARCH TOOL PROVIDED BY THE CHARLOTTE REGIONAL REALTOR® ASSOCIATION

Local Market Update – April 2012

April Year to Date

- 1.4% + 11.9% + 1.9%Change in

New ListingsChange in

Closed SalesMecklenburg

County

FOR MORE INFORMATION CONTACT A REALTOR®

8,2257,445

Year to Date 2011 2012

2,057 2,028

April 2011 2012

Mecklenburg County

Current as of May 7, 2012. All data from Carolina Multiple Listing Services, Inc. Report provided by the Charlotte Regional REALTOR® Association. Powered by 10K Research and Marketing.

** Each dot represents the change in median sales price from the prior year using a 6-month weighted average.This means that each of the 6 months used in a dot are proportioned according to their share of sales during that period.

Entire CMLS Area

- 12%

- 10%

- 8%

- 6%

- 4%

- 2%

0%

+ 2%

+ 4%

+ 6%

+ 8%

1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011 1-2012

Change in Median Sales Price from Prior Year (6-Month Average)** ba

8,225

3,052

7,445

3,347

New Listings Closed Sales

Year to Date 2011 2012

+ 9.7%- 9.5%

2,057

882

2,028

987

New Listings Closed Sales

April 2011 2012

+ 11.9%- 1.4%

y , p g , p p y g y g

- 12%

- 10%

- 8%

- 6%

- 4%

- 2%

0%

+ 2%

+ 4%

+ 6%

+ 8%

1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011 1-2012

Change in Median Sales Price from Prior Year (6-Month Average)** ba

8,225

3,052

7,445

3,347

New Listings Closed Sales

Year to Date 2011 2012

+ 9.7%- 9.5%

2,057

882

2,028

987

New Listings Closed Sales

April 2011 2012

+ 11.9%- 1.4%

Page 9: Local Market Update – April 2012 Market Updates April 2012.pdfLocal Market Update – April 2012 April Year to Date + 26.4% + 20.7% - 1.3% Change in New Listings Change in Iredell

2011 2012 + / – 2011 2012 + / –

New Listings 307 369 + 20.2% 1,369 1,280 - 6.5%

Closed Sales 148 162 + 9.5% 505 586 + 16.0%

Median Sales Price* $150,000 $145,000 - 3.3% $145,000 $140,725 - 2.9%

Average Sales Price* $174,605 $166,506 - 4.6% $170,890 $160,106 - 6.3%

Percent of Original List Price Received* 91.3% 94.8% + 3.8% 89.8% 93.0% + 3.6%

List to Close 133 141 + 5.9% 143 145 + 1.5%

Inventory of Homes for Sale 1,697 1,299 - 23.5% -- -- --

Months Supply of Inventory 11.8 8.0 - 32.3% -- -- --

* Does not account for seller concessions. | Activity for one month can sometimes look extreme due to small sample size.

Change in Median Sales Price

A RESEARCH TOOL PROVIDED BY THE CHARLOTTE REGIONAL REALTOR® ASSOCIATION

Local Market Update – April 2012

April Year to Date

+ 20.2% + 9.5% - 3.3%Change in

New ListingsChange in

Closed SalesMecklenburg -

(N) Area 01

FOR MORE INFORMATION CONTACT A REALTOR®

1,3691,280

Year to Date 2011 2012

307

369

April 2011 2012

Mecklenburg - (N) Area 01

Current as of May 7, 2012. All data from Carolina Multiple Listing Services, Inc. Report provided by the Charlotte Regional REALTOR® Association. Powered by 10K Research and Marketing.

** Each dot represents the change in median sales price from the prior year using a 6-month weighted average.This means that each of the 6 months used in a dot are proportioned according to their share of sales during that period.

Entire CMLS Area

- 10%

- 8%

- 6%

- 4%

- 2%

0%

+ 2%

+ 4%

+ 6%

+ 8%

+ 10%

1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011 1-2012

Change in Median Sales Price from Prior Year (6-Month Average)** ba

1,369

505

1,280

586

New Listings Closed Sales

Year to Date 2011 2012

+ 16.0%- 6.5%

307

148

369

162

New Listings Closed Sales

April 2011 2012

+ 9.5%+ 20.2%

y , p g , p p y g y g

- 10%

- 8%

- 6%

- 4%

- 2%

0%

+ 2%

+ 4%

+ 6%

+ 8%

+ 10%

1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011 1-2012

Change in Median Sales Price from Prior Year (6-Month Average)** ba

1,369

505

1,280

586

New Listings Closed Sales

Year to Date 2011 2012

+ 16.0%- 6.5%

307

148

369

162

New Listings Closed Sales

April 2011 2012

+ 9.5%+ 20.2%

Page 10: Local Market Update – April 2012 Market Updates April 2012.pdfLocal Market Update – April 2012 April Year to Date + 26.4% + 20.7% - 1.3% Change in New Listings Change in Iredell

2011 2012 + / – 2011 2012 + / –

New Listings 229 236 + 3.1% 969 845 - 12.8%

Closed Sales 106 115 + 8.5% 373 422 + 13.1%

Median Sales Price* $105,000 $98,500 - 6.2% $98,000 $92,950 - 5.2%

Average Sales Price* $118,359 $119,161 + 0.7% $109,929 $111,468 + 1.4%

Percent of Original List Price Received* 89.3% 90.7% + 1.5% 88.1% 90.9% + 3.2%

List to Close 134 129 - 3.7% 134 138 + 3.4%

Inventory of Homes for Sale 1,204 818 - 32.1% -- -- --

Months Supply of Inventory 12.0 7.2 - 40.4% -- -- --

* Does not account for seller concessions. | Activity for one month can sometimes look extreme due to small sample size.

Change in Median Sales Price

A RESEARCH TOOL PROVIDED BY THE CHARLOTTE REGIONAL REALTOR® ASSOCIATION

Local Market Update – April 2012

April Year to Date

+ 3.1% + 8.5% - 6.2%Change in

New ListingsChange in

Closed SalesMecklenburg - (E)

Area 02

FOR MORE INFORMATION CONTACT A REALTOR®

969845

Year to Date 2011 2012

229 236

April 2011 2012

Mecklenburg - (E) Area 02

Current as of May 7, 2012. All data from Carolina Multiple Listing Services, Inc. Report provided by the Charlotte Regional REALTOR® Association. Powered by 10K Research and Marketing.

** Each dot represents the change in median sales price from the prior year using a 6-month weighted average.This means that each of the 6 months used in a dot are proportioned according to their share of sales during that period.

Entire CMLS Area

- 20%

- 15%

- 10%

- 5%

0%

+ 5%

+ 10%

1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011 1-2012

Change in Median Sales Price from Prior Year (6-Month Average)** ba

969

373

845

422

New Listings Closed Sales

Year to Date 2011 2012

+ 13.1%- 12.8%

229

106

236

115

New Listings Closed Sales

April 2011 2012

+ 8.5%+ 3.1%

y , p g , p p y g y g

- 20%

- 15%

- 10%

- 5%

0%

+ 5%

+ 10%

1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011 1-2012

Change in Median Sales Price from Prior Year (6-Month Average)** ba

969

373

845

422

New Listings Closed Sales

Year to Date 2011 2012

+ 13.1%- 12.8%

229

106

236

115

New Listings Closed Sales

April 2011 2012

+ 8.5%+ 3.1%

Page 11: Local Market Update – April 2012 Market Updates April 2012.pdfLocal Market Update – April 2012 April Year to Date + 26.4% + 20.7% - 1.3% Change in New Listings Change in Iredell

2011 2012 + / – 2011 2012 + / –

New Listings 148 137 - 7.4% 610 571 - 6.4%

Closed Sales 64 65 + 1.6% 241 256 + 6.2%

Median Sales Price* $103,050 $100,100 - 2.9% $95,000 $103,500 + 8.9%

Average Sales Price* $129,108 $120,126 - 7.0% $122,621 $125,122 + 2.0%

Percent of Original List Price Received* 87.7% 91.7% + 4.7% 86.5% 91.0% + 5.2%

List to Close 135 132 - 2.4% 131 135 + 3.3%

Inventory of Homes for Sale 763 610 - 20.1% -- -- --

Months Supply of Inventory 13.0 9.2 - 29.3% -- -- --

* Does not account for seller concessions. | Activity for one month can sometimes look extreme due to small sample size.

Change in Median Sales Price

A RESEARCH TOOL PROVIDED BY THE CHARLOTTE REGIONAL REALTOR® ASSOCIATION

Local Market Update – April 2012

April Year to Date

- 7.4% + 1.6% - 2.9%Change in

New ListingsChange in

Closed SalesMecklenburg - (SE) Area 03

FOR MORE INFORMATION CONTACT A REALTOR®

610571

Year to Date 2011 2012

148137

April 2011 2012

Mecklenburg - (SE) Area 03

Current as of May 7, 2012. All data from Carolina Multiple Listing Services, Inc. Report provided by the Charlotte Regional REALTOR® Association. Powered by 10K Research and Marketing.

** Each dot represents the change in median sales price from the prior year using a 6-month weighted average.This means that each of the 6 months used in a dot are proportioned according to their share of sales during that period.

Entire CMLS Area

- 30%

- 25%

- 20%

- 15%

- 10%

- 5%

0%

+ 5%

+ 10%

+ 15%

+ 20%

1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011 1-2012

Change in Median Sales Price from Prior Year (6-Month Average)** ba

610

241

571

256

New Listings Closed Sales

Year to Date 2011 2012

+ 6.2%- 6.4%

148

64

137

65

New Listings Closed Sales

April 2011 2012

+ 1.6%- 7.4%

y , p g , p p y g y g

- 30%

- 25%

- 20%

- 15%

- 10%

- 5%

0%

+ 5%

+ 10%

+ 15%

+ 20%

1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011 1-2012

Change in Median Sales Price from Prior Year (6-Month Average)** ba

610

241

571

256

New Listings Closed Sales

Year to Date 2011 2012

+ 6.2%- 6.4%

148

64

137

65

New Listings Closed Sales

April 2011 2012

+ 1.6%- 7.4%

Page 12: Local Market Update – April 2012 Market Updates April 2012.pdfLocal Market Update – April 2012 April Year to Date + 26.4% + 20.7% - 1.3% Change in New Listings Change in Iredell

2011 2012 + / – 2011 2012 + / –

New Listings 253 234 - 7.5% 869 885 + 1.8%

Closed Sales 88 95 + 8.0% 285 321 + 12.6%

Median Sales Price* $283,328 $240,000 - 15.3% $235,285 $230,000 - 2.2%

Average Sales Price* $333,382 $300,736 - 9.8% $303,820 $273,792 - 9.9%

Percent of Original List Price Received* 89.8% 93.9% + 4.5% 87.7% 91.8% + 4.7%

List to Close 173 129 - 25.4% 168 154 - 8.7%

Inventory of Homes for Sale 1,071 895 - 16.4% -- -- --

Months Supply of Inventory 13.9 9.9 - 28.8% -- -- --

* Does not account for seller concessions. | Activity for one month can sometimes look extreme due to small sample size.

Change in Median Sales Price

A RESEARCH TOOL PROVIDED BY THE CHARLOTTE REGIONAL REALTOR® ASSOCIATION

Local Market Update – April 2012

April Year to Date

- 7.5% + 8.0% - 15.3%Change in

New ListingsChange in

Closed SalesMecklenburg - (SSE) Area 04

FOR MORE INFORMATION CONTACT A REALTOR®

869 885

Year to Date 2011 2012

253234

April 2011 2012

Mecklenburg - (SSE) Area 04

Current as of May 7, 2012. All data from Carolina Multiple Listing Services, Inc. Report provided by the Charlotte Regional REALTOR® Association. Powered by 10K Research and Marketing.

** Each dot represents the change in median sales price from the prior year using a 6-month weighted average.This means that each of the 6 months used in a dot are proportioned according to their share of sales during that period.

Entire CMLS Area

- 10%

- 5%

0%

+ 5%

+ 10%

+ 15%

1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011 1-2012

Change in Median Sales Price from Prior Year (6-Month Average)** ba

869

285

885

321

New Listings Closed Sales

Year to Date 2011 2012

+ 12.6%+ 1.8%

253

88

234

95

New Listings Closed Sales

April 2011 2012

+ 8.0%- 7.5%

y , p g , p p y g y g

- 10%

- 5%

0%

+ 5%

+ 10%

+ 15%

1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011 1-2012

Change in Median Sales Price from Prior Year (6-Month Average)** ba

869

285

885

321

New Listings Closed Sales

Year to Date 2011 2012

+ 12.6%+ 1.8%

253

88

234

95

New Listings Closed Sales

April 2011 2012

+ 8.0%- 7.5%

Page 13: Local Market Update – April 2012 Market Updates April 2012.pdfLocal Market Update – April 2012 April Year to Date + 26.4% + 20.7% - 1.3% Change in New Listings Change in Iredell

2011 2012 + / – 2011 2012 + / –

New Listings 422 396 - 6.2% 1,571 1,426 - 9.2%

Closed Sales 162 173 + 6.8% 531 580 + 9.2%

Median Sales Price* $255,000 $307,000 + 20.4% $255,000 $265,000 + 3.9%

Average Sales Price* $363,330 $409,930 + 12.8% $345,180 $356,982 + 3.4%

Percent of Original List Price Received* 89.5% 93.3% + 4.3% 88.9% 92.7% + 4.2%

List to Close 143 148 + 3.4% 148 144 - 2.4%

Inventory of Homes for Sale 1,954 1,568 - 19.8% -- -- --

Months Supply of Inventory 12.9 9.3 - 27.6% -- -- --

* Does not account for seller concessions. | Activity for one month can sometimes look extreme due to small sample size.

Change in Median Sales Price

A RESEARCH TOOL PROVIDED BY THE CHARLOTTE REGIONAL REALTOR® ASSOCIATION

Local Market Update – April 2012

April Year to Date

- 6.2% + 6.8% + 20.4%Change in

New ListingsChange in

Closed SalesMecklenburg - (S)

Area 05

FOR MORE INFORMATION CONTACT A REALTOR®

1,5711,426

Year to Date 2011 2012

422396

April 2011 2012

Mecklenburg - (S) Area 05

Current as of May 7, 2012. All data from Carolina Multiple Listing Services, Inc. Report provided by the Charlotte Regional REALTOR® Association. Powered by 10K Research and Marketing.

** Each dot represents the change in median sales price from the prior year using a 6-month weighted average.This means that each of the 6 months used in a dot are proportioned according to their share of sales during that period.

Entire CMLS Area

- 15%

- 10%

- 5%

0%

+ 5%

+ 10%

+ 15%

1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011 1-2012

Change in Median Sales Price from Prior Year (6-Month Average)** ba

1,571

531

1,426

580

New Listings Closed Sales

Year to Date 2011 2012

+ 9.2%- 9.2%

422

162

396

173

New Listings Closed Sales

April 2011 2012

+ 6.8%- 6.2%

y , p g , p p y g y g

- 15%

- 10%

- 5%

0%

+ 5%

+ 10%

+ 15%

1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011 1-2012

Change in Median Sales Price from Prior Year (6-Month Average)** ba

1,571

531

1,426

580

New Listings Closed Sales

Year to Date 2011 2012

+ 9.2%- 9.2%

422

162

396

173

New Listings Closed Sales

April 2011 2012

+ 6.8%- 6.2%

Page 14: Local Market Update – April 2012 Market Updates April 2012.pdfLocal Market Update – April 2012 April Year to Date + 26.4% + 20.7% - 1.3% Change in New Listings Change in Iredell

2011 2012 + / – 2011 2012 + / –

New Listings 184 147 - 20.1% 653 516 - 21.0%

Closed Sales 62 92 + 48.4% 268 270 + 0.7%

Median Sales Price* $183,750 $175,000 - 4.8% $185,056 $172,750 - 6.6%

Average Sales Price* $216,985 $204,948 - 5.5% $200,446 $202,927 + 1.2%

Percent of Original List Price Received* 90.1% 91.3% + 1.3% 91.8% 90.6% - 1.3%

List to Close 139 133 - 4.4% 145 166 + 14.4%

Inventory of Homes for Sale 755 538 - 28.7% -- -- --

Months Supply of Inventory 13.3 7.6 - 42.9% -- -- --

* Does not account for seller concessions. | Activity for one month can sometimes look extreme due to small sample size.

Change in Median Sales Price

A RESEARCH TOOL PROVIDED BY THE CHARLOTTE REGIONAL REALTOR® ASSOCIATION

Local Market Update – April 2012

April Year to Date

- 20.1% + 48.4% - 4.8%Change in

New ListingsChange in

Closed SalesMecklenburg - (SSW) Area 06

FOR MORE INFORMATION CONTACT A REALTOR®

653

516

Year to Date 2011 2012

184

147

April 2011 2012

Mecklenburg - (SSW) Area 06

Current as of May 7, 2012. All data from Carolina Multiple Listing Services, Inc. Report provided by the Charlotte Regional REALTOR® Association. Powered by 10K Research and Marketing.

** Each dot represents the change in median sales price from the prior year using a 6-month weighted average.This means that each of the 6 months used in a dot are proportioned according to their share of sales during that period.

Entire CMLS Area

- 10%

- 8%

- 6%

- 4%

- 2%

0%

+ 2%

+ 4%

+ 6%

+ 8%

1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011 1-2012

Change in Median Sales Price from Prior Year (6-Month Average)** ba

653

268

516

270

New Listings Closed Sales

Year to Date 2011 2012

+ 0.7%- 21.0%

184

62

147

92

New Listings Closed Sales

April 2011 2012

+ 48.4%- 20.1%

y , p g , p p y g y g

- 10%

- 8%

- 6%

- 4%

- 2%

0%

+ 2%

+ 4%

+ 6%

+ 8%

1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011 1-2012

Change in Median Sales Price from Prior Year (6-Month Average)** ba

653

268

516

270

New Listings Closed Sales

Year to Date 2011 2012

+ 0.7%- 21.0%

184

62

147

92

New Listings Closed Sales

April 2011 2012

+ 48.4%- 20.1%

Page 15: Local Market Update – April 2012 Market Updates April 2012.pdfLocal Market Update – April 2012 April Year to Date + 26.4% + 20.7% - 1.3% Change in New Listings Change in Iredell

2011 2012 + / – 2011 2012 + / –

New Listings 119 114 - 4.2% 525 420 - 20.0%

Closed Sales 71 76 + 7.0% 228 241 + 5.7%

Median Sales Price* $132,500 $140,000 + 5.7% $131,982 $140,000 + 6.1%

Average Sales Price* $135,671 $149,357 + 10.1% $137,508 $144,068 + 4.8%

Percent of Original List Price Received* 88.6% 92.7% + 4.6% 88.6% 92.8% + 4.7%

List to Close 151 144 - 4.6% 144 135 - 6.0%

Inventory of Homes for Sale 624 420 - 32.7% -- -- --

Months Supply of Inventory 10.7 5.9 - 44.8% -- -- --

* Does not account for seller concessions. | Activity for one month can sometimes look extreme due to small sample size.

Change in Median Sales Price

A RESEARCH TOOL PROVIDED BY THE CHARLOTTE REGIONAL REALTOR® ASSOCIATION

Local Market Update – April 2012

April Year to Date

- 4.2% + 7.0% + 5.7%Change in

New ListingsChange in

Closed SalesMecklenburg - (SW) Area 07

FOR MORE INFORMATION CONTACT A REALTOR®

525

420

Year to Date 2011 2012

119 114

April 2011 2012

Mecklenburg - (SW) Area 07

Current as of May 7, 2012. All data from Carolina Multiple Listing Services, Inc. Report provided by the Charlotte Regional REALTOR® Association. Powered by 10K Research and Marketing.

** Each dot represents the change in median sales price from the prior year using a 6-month weighted average.This means that each of the 6 months used in a dot are proportioned according to their share of sales during that period.

Entire CMLS Area

- 15%

- 10%

- 5%

0%

+ 5%

+ 10%

+ 15%

1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011 1-2012

Change in Median Sales Price from Prior Year (6-Month Average)** ba

525

228

420

241

New Listings Closed Sales

Year to Date 2011 2012

+ 5.7%- 20.0%

119

71

114

76

New Listings Closed Sales

April 2011 2012

+ 7.0%- 4.2%

y , p g , p p y g y g

- 15%

- 10%

- 5%

0%

+ 5%

+ 10%

+ 15%

1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011 1-2012

Change in Median Sales Price from Prior Year (6-Month Average)** ba

525

228

420

241

New Listings Closed Sales

Year to Date 2011 2012

+ 5.7%- 20.0%

119

71

114

76

New Listings Closed Sales

April 2011 2012

+ 7.0%- 4.2%

Page 16: Local Market Update – April 2012 Market Updates April 2012.pdfLocal Market Update – April 2012 April Year to Date + 26.4% + 20.7% - 1.3% Change in New Listings Change in Iredell

2011 2012 + / – 2011 2012 + / –

New Listings 89 96 + 7.9% 373 343 - 8.0%

Closed Sales 37 56 + 51.4% 168 174 + 3.6%

Median Sales Price* $71,900 $62,000 - 13.8% $54,900 $63,000 + 14.8%

Average Sales Price* $79,133 $72,412 - 8.5% $68,210 $70,420 + 3.2%

Percent of Original List Price Received* 85.7% 89.0% + 3.8% 86.3% 87.6% + 1.5%

List to Close 156 139 - 11.0% 138 135 - 2.2%

Inventory of Homes for Sale 489 351 - 28.2% -- -- --

Months Supply of Inventory 11.1 7.6 - 32.1% -- -- --

* Does not account for seller concessions. | Activity for one month can sometimes look extreme due to small sample size.

Change in Median Sales Price

A RESEARCH TOOL PROVIDED BY THE CHARLOTTE REGIONAL REALTOR® ASSOCIATION

Local Market Update – April 2012

April Year to Date

+ 7.9% + 51.4% - 13.8%Change in

New ListingsChange in

Closed SalesMecklenburg -

(W) Area 08

FOR MORE INFORMATION CONTACT A REALTOR®

373343

Year to Date 2011 2012

8996

April 2011 2012

Mecklenburg - (W) Area 08

Current as of May 7, 2012. All data from Carolina Multiple Listing Services, Inc. Report provided by the Charlotte Regional REALTOR® Association. Powered by 10K Research and Marketing.

** Each dot represents the change in median sales price from the prior year using a 6-month weighted average.This means that each of the 6 months used in a dot are proportioned according to their share of sales during that period.

Entire CMLS Area

- 40%

- 35%

- 30%

- 25%

- 20%

- 15%

- 10%

- 5%

0%

+ 5%

+ 10%

1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011 1-2012

Change in Median Sales Price from Prior Year (6-Month Average)** ba

373

168

343

174

New Listings Closed Sales

Year to Date 2011 2012

+ 3.6%- 8.0%

89

37

96

56

New Listings Closed Sales

April 2011 2012

+ 51.4%+ 7.9%

y , p g , p p y g y g

- 40%

- 35%

- 30%

- 25%

- 20%

- 15%

- 10%

- 5%

0%

+ 5%

+ 10%

1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011 1-2012

Change in Median Sales Price from Prior Year (6-Month Average)** ba

373

168

343

174

New Listings Closed Sales

Year to Date 2011 2012

+ 3.6%- 8.0%

89

37

96

56

New Listings Closed Sales

April 2011 2012

+ 51.4%+ 7.9%

Page 17: Local Market Update – April 2012 Market Updates April 2012.pdfLocal Market Update – April 2012 April Year to Date + 26.4% + 20.7% - 1.3% Change in New Listings Change in Iredell

2011 2012 + / – 2011 2012 + / –

New Listings 152 135 - 11.2% 627 548 - 12.6%

Closed Sales 72 83 + 15.3% 245 271 + 10.6%

Median Sales Price* $128,000 $140,000 + 9.4% $125,500 $130,750 + 4.2%

Average Sales Price* $160,522 $167,662 + 4.4% $146,924 $152,561 + 3.8%

Percent of Original List Price Received* 86.9% 93.3% + 7.4% 88.4% 91.7% + 3.7%

List to Close 144 121 - 16.0% 137 144 + 5.7%

Inventory of Homes for Sale 771 515 - 33.2% -- -- --

Months Supply of Inventory 11.7 6.7 - 42.6% -- -- --

* Does not account for seller concessions. | Activity for one month can sometimes look extreme due to small sample size.

Change in Median Sales Price

A RESEARCH TOOL PROVIDED BY THE CHARLOTTE REGIONAL REALTOR® ASSOCIATION

Local Market Update – April 2012

April Year to Date

- 11.2% + 15.3% + 9.4%Change in

New ListingsChange in

Closed SalesMecklenburg - (NW) Area 09

FOR MORE INFORMATION CONTACT A REALTOR®

627548

Year to Date 2011 2012

152135

April 2011 2012

Mecklenburg - (NW) Area 09

Current as of May 7, 2012. All data from Carolina Multiple Listing Services, Inc. Report provided by the Charlotte Regional REALTOR® Association. Powered by 10K Research and Marketing.

** Each dot represents the change in median sales price from the prior year using a 6-month weighted average.This means that each of the 6 months used in a dot are proportioned according to their share of sales during that period.

Entire CMLS Area

- 25%

- 20%

- 15%

- 10%

- 5%

0%

+ 5%

+ 10%

+ 15%

1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011 1-2012

Change in Median Sales Price from Prior Year (6-Month Average)** ba

627

245

548

271

New Listings Closed Sales

Year to Date 2011 2012

+ 10.6%- 12.6%

152

72

135

83

New Listings Closed Sales

April 2011 2012

+ 15.3%- 11.2%

y , p g , p p y g y g

- 25%

- 20%

- 15%

- 10%

- 5%

0%

+ 5%

+ 10%

+ 15%

1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011 1-2012

Change in Median Sales Price from Prior Year (6-Month Average)** ba

627

245

548

271

New Listings Closed Sales

Year to Date 2011 2012

+ 10.6%- 12.6%

152

72

135

83

New Listings Closed Sales

April 2011 2012

+ 15.3%- 11.2%

Page 18: Local Market Update – April 2012 Market Updates April 2012.pdfLocal Market Update – April 2012 April Year to Date + 26.4% + 20.7% - 1.3% Change in New Listings Change in Iredell

2011 2012 + / – 2011 2012 + / –

New Listings 244 296 + 21.3% 1,007 1,078 + 7.1%

Closed Sales 98 109 + 11.2% 300 324 + 8.0%

Median Sales Price* $330,000 $359,900 + 9.1% $326,000 $350,675 + 7.6%

Average Sales Price* $427,334 $463,175 + 8.4% $411,378 $447,130 + 8.7%

Percent of Original List Price Received* 87.7% 92.2% + 5.2% 87.7% 90.4% + 3.1%

List to Close 172 148 - 14.2% 182 164 - 10.0%

Inventory of Homes for Sale 1,522 1,294 - 15.0% -- -- --

Months Supply of Inventory 17.9 13.7 - 23.5% -- -- --

* Does not account for seller concessions. | Activity for one month can sometimes look extreme due to small sample size.

Change in Median Sales Price

A RESEARCH TOOL PROVIDED BY THE CHARLOTTE REGIONAL REALTOR® ASSOCIATION

Local Market Update – April 2012

April Year to Date

+ 21.3% + 11.2% + 9.1%Change in

New ListingsChange in

Closed SalesLake Norman /

Area 13

FOR MORE INFORMATION CONTACT A REALTOR®

1,0071,078

Year to Date 2011 2012

244

296

April 2011 2012

Lake Norman / Area 13

Current as of May 7, 2012. All data from Carolina Multiple Listing Services, Inc. Report provided by the Charlotte Regional REALTOR® Association. Powered by 10K Research and Marketing.

** Each dot represents the change in median sales price from the prior year using a 6-month weighted average.This means that each of the 6 months used in a dot are proportioned according to their share of sales during that period.

Entire CMLS Area

- 10%

- 5%

0%

+ 5%

+ 10%

+ 15%

1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011 1-2012

Change in Median Sales Price from Prior Year (6-Month Average)** ba

1,007

300

1,078

324

New Listings Closed Sales

Year to Date 2011 2012

+ 8.0%+ 7.1%

244

98

296

109

New Listings Closed Sales

April 2011 2012

+ 11.2%+ 21.3%

y , p g , p p y g y g

- 10%

- 5%

0%

+ 5%

+ 10%

+ 15%

1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011 1-2012

Change in Median Sales Price from Prior Year (6-Month Average)** ba

1,007

300

1,078

324

New Listings Closed Sales

Year to Date 2011 2012

+ 8.0%+ 7.1%

244

98

296

109

New Listings Closed Sales

April 2011 2012

+ 11.2%+ 21.3%

Page 19: Local Market Update – April 2012 Market Updates April 2012.pdfLocal Market Update – April 2012 April Year to Date + 26.4% + 20.7% - 1.3% Change in New Listings Change in Iredell

2011 2012 + / – 2011 2012 + / –

New Listings 93 103 + 10.8% 348 395 + 13.5%

Closed Sales 34 30 - 11.8% 106 107 + 0.9%

Median Sales Price* $344,000 $262,625 - 23.7% $307,500 $249,000 - 19.0%

Average Sales Price* $381,836 $388,530 + 1.8% $327,689 $330,394 + 0.8%

Percent of Original List Price Received* 88.5% 93.4% + 5.5% 86.7% 92.8% + 7.0%

List to Close 202 182 - 10.1% 193 176 - 8.9%

Inventory of Homes for Sale 545 484 - 11.2% -- -- --

Months Supply of Inventory 18.2 15.5 - 15.0% -- -- --

* Does not account for seller concessions. | Activity for one month can sometimes look extreme due to small sample size.

Change in Median Sales Price

A RESEARCH TOOL PROVIDED BY THE CHARLOTTE REGIONAL REALTOR® ASSOCIATION

Local Market Update – April 2012

April Year to Date

+ 10.8% - 11.8% - 23.7%Change in

New ListingsChange in

Closed SalesLake Wylie / Area

15

FOR MORE INFORMATION CONTACT A REALTOR®

348395

Year to Date 2011 2012

93103

April 2011 2012

Lake Wylie / Area 15

Current as of May 7, 2012. All data from Carolina Multiple Listing Services, Inc. Report provided by the Charlotte Regional REALTOR® Association. Powered by 10K Research and Marketing.

** Each dot represents the change in median sales price from the prior year using a 6-month weighted average.This means that each of the 6 months used in a dot are proportioned according to their share of sales during that period.

Entire CMLS Area

- 40%

- 30%

- 20%

- 10%

0%

+ 10%

+ 20%

+ 30%

+ 40%

1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011 1-2012

Change in Median Sales Price from Prior Year (6-Month Average)** ba

348

106

395

107

New Listings Closed Sales

Year to Date 2011 2012

+ 0.9%+ 13.5%

93

34

103

30

New Listings Closed Sales

April 2011 2012

- 11.8%+ 10.8%

y , p g , p p y g y g

- 40%

- 30%

- 20%

- 10%

0%

+ 10%

+ 20%

+ 30%

+ 40%

1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011 1-2012

Change in Median Sales Price from Prior Year (6-Month Average)** ba

348

106

395

107

New Listings Closed Sales

Year to Date 2011 2012

+ 0.9%+ 13.5%

93

34

103

30

New Listings Closed Sales

April 2011 2012

- 11.8%+ 10.8%

Page 20: Local Market Update – April 2012 Market Updates April 2012.pdfLocal Market Update – April 2012 April Year to Date + 26.4% + 20.7% - 1.3% Change in New Listings Change in Iredell

2011 2012 + / – 2011 2012 + / –

New Listings 33 43 + 30.3% 151 133 - 11.9%

Closed Sales 16 18 + 12.5% 60 62 + 3.3%

Median Sales Price* $194,000 $234,500 + 20.9% $200,000 $209,000 + 4.5%

Average Sales Price* $267,566 $361,628 + 35.2% $263,078 $263,669 + 0.2%

Percent of Original List Price Received* 88.9% 91.5% + 2.9% 88.6% 91.2% + 2.9%

List to Close 145 130 - 10.0% 148 170 + 14.6%

Inventory of Homes for Sale 195 165 - 15.4% -- -- --

Months Supply of Inventory 15.4 10.5 - 31.9% -- -- --

* Does not account for seller concessions. | Activity for one month can sometimes look extreme due to small sample size.

Change in Median Sales Price

A RESEARCH TOOL PROVIDED BY THE CHARLOTTE REGIONAL REALTOR® ASSOCIATION

Local Market Update – April 2012

April Year to Date

+ 30.3% + 12.5% + 20.9%Change in

New ListingsChange in

Closed SalesUptown / Area 99

FOR MORE INFORMATION CONTACT A REALTOR®

151133

Year to Date 2011 2012

33

43

April 2011 2012

Uptown / Area 99

Current as of May 7, 2012. All data from Carolina Multiple Listing Services, Inc. Report provided by the Charlotte Regional REALTOR® Association. Powered by 10K Research and Marketing.

** Each dot represents the change in median sales price from the prior year using a 6-month weighted average.This means that each of the 6 months used in a dot are proportioned according to their share of sales during that period.

Entire CMLS Area

- 50%

- 40%

- 30%

- 20%

- 10%

0%

+ 10%

+ 20%

1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011 1-2012

Change in Median Sales Price from Prior Year (6-Month Average)** ba

151

60

133

62

New Listings Closed Sales

Year to Date 2011 2012

+ 3.3%- 11.9%

33

16

43

18

New Listings Closed Sales

April 2011 2012

+ 12.5%+ 30.3%

y , p g , p p y g y g

- 50%

- 40%

- 30%

- 20%

- 10%

0%

+ 10%

+ 20%

1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011 1-2012

Change in Median Sales Price from Prior Year (6-Month Average)** ba

151

60

133

62

New Listings Closed Sales

Year to Date 2011 2012

+ 3.3%- 11.9%

33

16

43

18

New Listings Closed Sales

April 2011 2012

+ 12.5%+ 30.3%

Page 21: Local Market Update – April 2012 Market Updates April 2012.pdfLocal Market Update – April 2012 April Year to Date + 26.4% + 20.7% - 1.3% Change in New Listings Change in Iredell

2011 2012 + / – 2011 2012 + / –

New Listings 3,476 3,431 - 1.3% 13,919 13,109 - 5.8%

Closed Sales 1,477 1,702 + 15.2% 5,140 5,774 + 12.3%

Median Sales Price* $155,000 $160,000 + 3.2% $150,000 $153,000 + 2.0%

Average Sales Price* $209,497 $213,189 + 1.8% $197,286 $198,111 + 0.4%

Percent of Original List Price Received* 89.5% 92.4% + 3.2% 88.8% 91.6% + 3.2%

List to Close 149 140 - 6.0% 152 147 - 3.3%

Inventory of Homes for Sale 17,934 14,257 - 20.5% -- -- --

Months Supply of Inventory 13.0 9.0 - 31.0% -- -- --

* Does not account for seller concessions. | Activity for one month can sometimes look extreme due to small sample size.

Change in Median Sales Price

A RESEARCH TOOL PROVIDED BY THE CHARLOTTE REGIONAL REALTOR® ASSOCIATION

Local Market Update – April 2012

April Year to Date

- 1.3% + 15.2% + 3.2%Change in

New ListingsChange in

Closed SalesCharlotte-Gastonia-

Rock Hill MSA

FOR MORE INFORMATION CONTACT A REALTOR®

13,919 13,109

Year to Date 2011 2012

3,476 3,431

April 2011 2012

Charlotte-Gastonia-Rock Hill MSA

Current as of May 7, 2012. All data from Carolina Multiple Listing Services, Inc. Report provided by the Charlotte Regional REALTOR® Association. Powered by 10K Research and Marketing.

** Each dot represents the change in median sales price from the prior year using a 6-month weighted average.This means that each of the 6 months used in a dot are proportioned according to their share of sales during that period.

Entire CMLS Area

- 12%

- 10%

- 8%

- 6%

- 4%

- 2%

0%

+ 2%

+ 4%

+ 6%

+ 8%

1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011 1-2012

Change in Median Sales Price from Prior Year (6-Month Average)** ba

13,919

5,140

13,109

5,774

New Listings Closed Sales

Year to Date 2011 2012

+ 12.3%- 5.8%

3,476

1,477

3,431

1,702

New Listings Closed Sales

April 2011 2012

+ 15.2%- 1.3%

y , p g , p p y g y g

- 12%

- 10%

- 8%

- 6%

- 4%

- 2%

0%

+ 2%

+ 4%

+ 6%

+ 8%

1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011 1-2012

Change in Median Sales Price from Prior Year (6-Month Average)** ba

13,919

5,140

13,109

5,774

New Listings Closed Sales

Year to Date 2011 2012

+ 12.3%- 5.8%

3,476

1,477

3,431

1,702

New Listings Closed Sales

April 2011 2012

+ 15.2%- 1.3%