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Local Market Update for May 2016

Key Metrics 2015 2016 Percent Change Thru 5-2015 Thru 5-2016 Percent Change

New Listings 5,392 5,637 + 4.5% 24,538 24,838 + 1.2%

Pending Sales 4,123 4,989 + 21.0% 18,522 20,869 + 12.7%

Closed Sales 3,836 4,026 + 5.0% 15,234 16,104 + 5.7%

Median Sales Price* $200,000 $209,900 + 5.0% $187,000 $195,000 + 4.3%

Average Sales Price* $249,826 $257,866 + 3.2% $235,430 $245,390 + 4.2%

Percent of Original List Price Received* 95.5% 96.8% + 1.4% 94.6% 95.8% + 1.3%

List to Close 116 105 - 9.5% 124 116 - 6.5%

Days on Market Until Sale 67 53 - 20.9% 73 63 - 13.7%

Cumulative Days on Market Until Sale 81 63 - 22.2% 90 74 - 17.8%

Inventory of Homes for Sale 14,582 10,880 - 25.4% -- -- --

Months Supply of Inventory 4.4 3.0 - 31.8% -- -- --

* Does not account for sale concessions and/or downpayment assistance. | Percent changes are calculated using rounded figures and can sometimes look extreme due to small sample size.

A RESEARCH TOOL PROVIDED BY THE CHARLOTTE REGIONAL REALTOR® ASSOCIATION FOR MORE INFORMATION, CONTACT A REALTOR®

May

Entire CarolinaMLS Area

May Year to Date

Year to Date

Entire CarolinaMLS Area —

Current as of June 6, 2016. All data from CarolinaMLS. Report provided by the Charlotte Regional REALTOR® Association. Report © 2016 ShowingTime. Percent changes are calculated using rounded figures.

$150,000

$160,000

$170,000

$180,000

$190,000

$200,000

1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016

Median Sales Price

24,538 24,838

New Listings

3,836 4,026

Closed Sales

5,392 5,637

New Listings+ 4.5% + 5.0% + 1.2%

15,234 16,104

Closed Sales

2015 2016

+ 5.7%

Rolling 12-Month Calculation

Local Market Update for May 2016

Key Metrics 2015 2016 Percent Change Thru 5-2015 Thru 5-2016 Percent Change

New Listings 13 17 + 30.8% 89 98 + 10.1%

Pending Sales 10 14 + 40.0% 68 64 - 5.9%

Closed Sales 14 12 - 14.3% 57 47 - 17.5%

Median Sales Price* $141,750 $126,150 - 11.0% $110,000 $120,000 + 9.1%

Average Sales Price* $166,664 $132,525 - 20.5% $137,457 $146,190 + 6.4%

Percent of Original List Price Received* 92.8% 90.8% - 2.2% 89.7% 91.5% + 2.0%

List to Close 211 188 - 10.9% 173 172 - 0.6%

Days on Market Until Sale 155 109 - 29.7% 132 112 - 15.2%

Cumulative Days on Market Until Sale 155 109 - 29.7% 137 118 - 13.9%

Inventory of Homes for Sale 79 73 - 7.6% -- -- --

Months Supply of Inventory 7.5 7.1 - 5.3% -- -- --

* Does not account for sale concessions and/or downpayment assistance. | Percent changes are calculated using rounded figures and can sometimes look extreme due to small sample size.

A RESEARCH TOOL PROVIDED BY THE CHARLOTTE REGIONAL REALTOR® ASSOCIATION FOR MORE INFORMATION, CONTACT A REALTOR®

May

Alexander County, NC

May Year to Date

Year to Date

Entire CarolinaMLS Area —

Alexander County, NC —

Current as of June 6, 2016. All data from CarolinaMLS. Report provided by the Charlotte Regional REALTOR® Association. Report © 2016 ShowingTime. Percent changes are calculated using rounded figures.

$80,000

$100,000

$120,000

$140,000

$160,000

$180,000

$200,000

1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016

Median Sales Price

8998

New Listings

1412

Closed Sales

13

17

New Listings+ 30.8% - 14.3% + 10.1%

5747

Closed Sales

2015 2016

- 17.5%

Rolling 12-Month Calculation

Local Market Update for May 2016

Key Metrics 2015 2016 Percent Change Thru 5-2015 Thru 5-2016 Percent Change

New Listings 12 14 + 16.7% 78 72 - 7.7%

Pending Sales 8 13 + 62.5% 40 57 + 42.5%

Closed Sales 15 9 - 40.0% 47 51 + 8.5%

Median Sales Price* $75,000 $87,500 + 16.7% $65,000 $80,000 + 23.1%

Average Sales Price* $75,217 $91,275 + 21.3% $81,737 $100,750 + 23.3%

Percent of Original List Price Received* 84.7% 84.6% - 0.1% 83.6% 87.6% + 4.8%

List to Close 365 202 - 44.7% 307 203 - 33.9%

Days on Market Until Sale 266 154 - 42.1% 237 146 - 38.4%

Cumulative Days on Market Until Sale 317 154 - 51.4% 256 151 - 41.0%

Inventory of Homes for Sale 135 115 - 14.8% -- -- --

Months Supply of Inventory 18.4 10.8 - 41.3% -- -- --

* Does not account for sale concessions and/or downpayment assistance. | Percent changes are calculated using rounded figures and can sometimes look extreme due to small sample size.

A RESEARCH TOOL PROVIDED BY THE CHARLOTTE REGIONAL REALTOR® ASSOCIATION FOR MORE INFORMATION, CONTACT A REALTOR®

May

Anson County, NC

May Year to Date

Year to Date

Entire CarolinaMLS Area —

Anson County, NC —

Current as of June 6, 2016. All data from CarolinaMLS. Report provided by the Charlotte Regional REALTOR® Association. Report © 2016 ShowingTime. Percent changes are calculated using rounded figures.

$25,000

$50,000

$75,000

$100,000

$125,000

$150,000

$175,000

$200,000

1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016

Median Sales Price

78 72

New Listings

15

9

Closed Sales

1214

New Listings+ 16.7% - 40.0% - 7.7%

47 51

Closed Sales

2015 2016

+ 8.5%

Rolling 12-Month Calculation

Local Market Update for May 2016

Key Metrics 2015 2016 Percent Change Thru 5-2015 Thru 5-2016 Percent Change

New Listings 393 394 + 0.3% 1,784 1,788 + 0.2%

Pending Sales 310 372 + 20.0% 1,342 1,553 + 15.7%

Closed Sales 276 318 + 15.2% 1,121 1,228 + 9.5%

Median Sales Price* $193,000 $189,000 - 2.1% $177,500 $184,000 + 3.7%

Average Sales Price* $208,202 $211,518 + 1.6% $198,069 $203,553 + 2.8%

Percent of Original List Price Received* 95.1% 97.1% + 2.1% 94.4% 95.9% + 1.6%

List to Close 113 97 - 14.2% 120 112 - 6.7%

Days on Market Until Sale 68 50 - 26.5% 71 62 - 12.7%

Cumulative Days on Market Until Sale 86 55 - 36.0% 87 71 - 18.4%

Inventory of Homes for Sale 1,012 706 - 30.2% -- -- --

Months Supply of Inventory 4.0 2.5 - 37.5% -- -- --

* Does not account for sale concessions and/or downpayment assistance. | Percent changes are calculated using rounded figures and can sometimes look extreme due to small sample size.

A RESEARCH TOOL PROVIDED BY THE CHARLOTTE REGIONAL REALTOR® ASSOCIATION FOR MORE INFORMATION, CONTACT A REALTOR®

May

Cabarrus County, NC

May Year to Date

Year to Date

Entire CarolinaMLS Area —

Cabarrus County, NC —

Current as of June 6, 2016. All data from CarolinaMLS. Report provided by the Charlotte Regional REALTOR® Association. Report © 2016 ShowingTime. Percent changes are calculated using rounded figures.

$140,000

$150,000

$160,000

$170,000

$180,000

$190,000

$200,000

1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016

Median Sales Price

1,784 1,788

New Listings

276318

Closed Sales

393 394

New Listings+ 0.3% + 15.2% + 0.2%

1,1211,228

Closed Sales

2015 2016

+ 9.5%

Rolling 12-Month Calculation

Local Market Update for May 2016

Key Metrics 2015 2016 Percent Change Thru 5-2015 Thru 5-2016 Percent Change

New Listings 355 370 + 4.2% 1,684 1,588 - 5.7%

Pending Sales 287 367 + 27.9% 1,277 1,486 + 16.4%

Closed Sales 250 266 + 6.4% 1,068 1,140 + 6.7%

Median Sales Price* $144,750 $148,995 + 2.9% $135,450 $143,500 + 5.9%

Average Sales Price* $155,973 $165,995 + 6.4% $151,173 $159,354 + 5.4%

Percent of Original List Price Received* 94.6% 95.5% + 1.0% 93.2% 94.1% + 1.0%

List to Close 128 131 + 2.3% 134 131 - 2.2%

Days on Market Until Sale 82 75 - 8.5% 86 77 - 10.5%

Cumulative Days on Market Until Sale 95 83 - 12.6% 108 92 - 14.8%

Inventory of Homes for Sale 1,168 733 - 37.2% -- -- --

Months Supply of Inventory 5.2 2.9 - 44.2% -- -- --

* Does not account for sale concessions and/or downpayment assistance. | Percent changes are calculated using rounded figures and can sometimes look extreme due to small sample size.

A RESEARCH TOOL PROVIDED BY THE CHARLOTTE REGIONAL REALTOR® ASSOCIATION FOR MORE INFORMATION, CONTACT A REALTOR®

May

Gaston County, NC

May Year to Date

Year to Date

Entire CarolinaMLS Area —

Gaston County, NC —

Current as of June 6, 2016. All data from CarolinaMLS. Report provided by the Charlotte Regional REALTOR® Association. Report © 2016 ShowingTime. Percent changes are calculated using rounded figures.

$100,000

$120,000

$140,000

$160,000

$180,000

$200,000

1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016

Median Sales Price

1,684 1,588

New Listings

250 266

Closed Sales

355 370

New Listings+ 4.2% + 6.4% - 5.7%

1,068 1,140

Closed Sales

2015 2016

+ 6.7%

Rolling 12-Month Calculation

Local Market Update for May 2016

Key Metrics 2015 2016 Percent Change Thru 5-2015 Thru 5-2016 Percent Change

New Listings 433 382 - 11.8% 1,771 1,711 - 3.4%

Pending Sales 268 344 + 28.4% 1,203 1,343 + 11.6%

Closed Sales 248 251 + 1.2% 1,008 1,039 + 3.1%

Median Sales Price* $218,100 $242,500 + 11.2% $200,000 $199,974 - 0.0%

Average Sales Price* $287,953 $291,014 + 1.1% $263,950 $262,774 - 0.4%

Percent of Original List Price Received* 94.4% 94.6% + 0.2% 93.3% 94.0% + 0.8%

List to Close 127 140 + 10.2% 137 140 + 2.2%

Days on Market Until Sale 76 88 + 15.8% 87 87 0.0%

Cumulative Days on Market Until Sale 99 108 + 9.1% 105 105 0.0%

Inventory of Homes for Sale 1,306 1,091 - 16.5% -- -- --

Months Supply of Inventory 6.1 4.5 - 26.2% -- -- --

* Does not account for sale concessions and/or downpayment assistance. | Percent changes are calculated using rounded figures and can sometimes look extreme due to small sample size.

A RESEARCH TOOL PROVIDED BY THE CHARLOTTE REGIONAL REALTOR® ASSOCIATION FOR MORE INFORMATION, CONTACT A REALTOR®

May

Iredell County, NC0

May Year to Date

Year to Date

Entire CarolinaMLS Area —

Iredell County, NC —

Current as of June 6, 2016. All data from CarolinaMLS. Report provided by the Charlotte Regional REALTOR® Association. Report © 2016 ShowingTime. Percent changes are calculated using rounded figures.

$150,000

$160,000

$170,000

$180,000

$190,000

$200,000

$210,000

1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016

Median Sales Price

1,771 1,711

New Listings

248 251

Closed Sales

433382

New Listings- 11.8% + 1.2% - 3.4%

1,008 1,039

Closed Sales

2015 2016

+ 3.1%

Rolling 12-Month Calculation

Local Market Update for May 2016

Key Metrics 2015 2016 Percent Change Thru 5-2015 Thru 5-2016 Percent Change

New Listings 159 158 - 0.6% 737 723 - 1.9%

Pending Sales 114 144 + 26.3% 468 549 + 17.3%

Closed Sales 91 111 + 22.0% 361 404 + 11.9%

Median Sales Price* $205,000 $180,000 - 12.2% $175,000 $210,000 + 20.0%

Average Sales Price* $272,696 $231,017 - 15.3% $235,332 $245,916 + 4.5%

Percent of Original List Price Received* 94.8% 94.4% - 0.4% 92.9% 94.1% + 1.3%

List to Close 139 128 - 7.9% 155 149 - 3.9%

Days on Market Until Sale 88 74 - 15.9% 100 94 - 6.0%

Cumulative Days on Market Until Sale 105 96 - 8.6% 121 114 - 5.8%

Inventory of Homes for Sale 575 399 - 30.6% -- -- --

Months Supply of Inventory 7.0 4.2 - 40.0% -- -- --

* Does not account for sale concessions and/or downpayment assistance. | Percent changes are calculated using rounded figures and can sometimes look extreme due to small sample size.

A RESEARCH TOOL PROVIDED BY THE CHARLOTTE REGIONAL REALTOR® ASSOCIATION FOR MORE INFORMATION, CONTACT A REALTOR®

May

Lincoln County, NC0

May Year to Date

Year to Date

Entire CarolinaMLS Area —

Lincoln County, NC —

Current as of June 6, 2016. All data from CarolinaMLS. Report provided by the Charlotte Regional REALTOR® Association. Report © 2016 ShowingTime. Percent changes are calculated using rounded figures.

$120,000

$140,000

$160,000

$180,000

$200,000

$220,000

1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016

Median Sales Price

737 723

New Listings

91111

Closed Sales

159 158

New Listings- 0.6% + 22.0% - 1.9%

361404

Closed Sales

2015 2016

+ 11.9%

Rolling 12-Month Calculation

Local Market Update for May 2016

Key Metrics 2015 2016 Percent Change Thru 5-2015 Thru 5-2016 Percent Change

New Listings 2,328 2,386 + 2.5% 10,627 10,605 - 0.2%

Pending Sales 1,862 2,184 + 17.3% 8,462 9,192 + 8.6%

Closed Sales 1,742 1,730 - 0.7% 6,892 7,125 + 3.4%

Median Sales Price* $211,000 $224,000 + 6.2% $200,000 $209,000 + 4.5%

Average Sales Price* $276,050 $282,592 + 2.4% $260,732 $269,999 + 3.6%

Percent of Original List Price Received* 96.5% 97.8% + 1.3% 95.8% 96.9% + 1.1%

List to Close 100 88 - 12.0% 108 102 - 5.6%

Days on Market Until Sale 50 36 - 28.0% 57 47 - 17.5%

Cumulative Days on Market Until Sale 62 45 - 27.4% 71 57 - 19.7%

Inventory of Homes for Sale 4,673 3,308 - 29.2% -- -- --

Months Supply of Inventory 3.2 2.1 - 34.4% -- -- --

* Does not account for sale concessions and/or downpayment assistance. | Percent changes are calculated using rounded figures and can sometimes look extreme due to small sample size.

A RESEARCH TOOL PROVIDED BY THE CHARLOTTE REGIONAL REALTOR® ASSOCIATION FOR MORE INFORMATION, CONTACT A REALTOR®

May

Mecklenburg County, NC0

May Year to Date

Year to Date

Entire CarolinaMLS Area —

Mecklenburg County, NC —

Current as of June 6, 2016. All data from CarolinaMLS. Report provided by the Charlotte Regional REALTOR® Association. Report © 2016 ShowingTime. Percent changes are calculated using rounded figures.

$150,000

$160,000

$170,000

$180,000

$190,000

$200,000

$210,000

1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016

Median Sales Price

10,627 10,605

New Listings

1,742 1,730

Closed Sales

2,328 2,386

New Listings+ 2.5% - 0.7% - 0.2%

6,892 7,125

Closed Sales

2015 2016

+ 3.4%

Rolling 12-Month Calculation

Local Market Update for May 2016

Key Metrics 2015 2016 Percent Change Thru 5-2015 Thru 5-2016 Percent Change

New Listings 49 42 - 14.3% 172 174 + 1.2%

Pending Sales 17 21 + 23.5% 76 67 - 11.8%

Closed Sales 21 9 - 57.1% 60 45 - 25.0%

Median Sales Price* $120,000 $75,000 - 37.5% $101,750 $123,750 + 21.6%

Average Sales Price* $210,210 $121,572 - 42.2% $177,134 $189,076 + 6.7%

Percent of Original List Price Received* 79.6% 84.0% + 5.5% 82.1% 85.8% + 4.5%

List to Close 333 248 - 25.5% 258 253 - 1.9%

Days on Market Until Sale 268 224 - 16.4% 219 231 + 5.5%

Cumulative Days on Market Until Sale 268 265 - 1.1% 250 253 + 1.2%

Inventory of Homes for Sale 313 277 - 11.5% -- -- --

Months Supply of Inventory 22.8 17.8 - 21.9% -- -- --

* Does not account for sale concessions and/or downpayment assistance. | Percent changes are calculated using rounded figures and can sometimes look extreme due to small sample size.

A RESEARCH TOOL PROVIDED BY THE CHARLOTTE REGIONAL REALTOR® ASSOCIATION FOR MORE INFORMATION, CONTACT A REALTOR®

May

Montgomery County, NC0

May Year to Date

Year to Date

Entire CarolinaMLS Area —

Montgomery County, NC —

Current as of June 6, 2016. All data from CarolinaMLS. Report provided by the Charlotte Regional REALTOR® Association. Report © 2016 ShowingTime. Percent changes are calculated using rounded figures.

$25,000

$50,000

$75,000

$100,000

$125,000

$150,000

$175,000

$200,000

1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016

Median Sales Price

172 174

New Listings

21

9

Closed Sales

4942

New Listings- 14.3% - 57.1% + 1.2%

60

45

Closed Sales

2015 2016

- 25.0%

Rolling 12-Month Calculation

Local Market Update for May 2016

Key Metrics 2015 2016 Percent Change Thru 5-2015 Thru 5-2016 Percent Change

New Listings 77 74 - 3.9% 356 334 - 6.2%

Pending Sales 39 56 + 43.6% 209 267 + 27.8%

Closed Sales 48 42 - 12.5% 184 219 + 19.0%

Median Sales Price* $114,900 $138,750 + 20.8% $121,000 $130,500 + 7.9%

Average Sales Price* $153,356 $154,643 + 0.8% $130,529 $145,735 + 11.6%

Percent of Original List Price Received* 89.1% 93.1% + 4.5% 89.8% 92.4% + 2.9%

List to Close 178 162 - 9.0% 168 163 - 3.0%

Days on Market Until Sale 135 116 - 14.1% 125 115 - 8.0%

Cumulative Days on Market Until Sale 146 134 - 8.2% 142 126 - 11.3%

Inventory of Homes for Sale 434 284 - 34.6% -- -- --

Months Supply of Inventory 11.2 5.9 - 47.3% -- -- --

* Does not account for sale concessions and/or downpayment assistance. | Percent changes are calculated using rounded figures and can sometimes look extreme due to small sample size.

A RESEARCH TOOL PROVIDED BY THE CHARLOTTE REGIONAL REALTOR® ASSOCIATION FOR MORE INFORMATION, CONTACT A REALTOR®

May

Stanly County, NC0

May Year to Date

Year to Date

Entire CarolinaMLS Area —

Stanly County, NC —

Current as of June 6, 2016. All data from CarolinaMLS. Report provided by the Charlotte Regional REALTOR® Association. Report © 2016 ShowingTime. Percent changes are calculated using rounded figures.

$80,000

$100,000

$120,000

$140,000

$160,000

$180,000

$200,000

1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016

Median Sales Price

356 334

New Listings

4842

Closed Sales

77 74

New Listings- 3.9% - 12.5% - 6.2%

184219

Closed Sales

2015 2016

+ 19.0%

Rolling 12-Month Calculation

Local Market Update for May 2016

Key Metrics 2015 2016 Percent Change Thru 5-2015 Thru 5-2016 Percent Change

New Listings 514 557 + 8.4% 2,317 2,419 + 4.4%

Pending Sales 401 468 + 16.7% 1,728 1,988 + 15.0%

Closed Sales 373 413 + 10.7% 1,382 1,445 + 4.6%

Median Sales Price* $241,500 $270,700 + 12.1% $229,145 $245,000 + 6.9%

Average Sales Price* $288,296 $316,932 + 9.9% $278,174 $300,297 + 8.0%

Percent of Original List Price Received* 95.8% 97.7% + 2.0% 95.2% 96.7% + 1.6%

List to Close 107 110 + 2.8% 124 117 - 5.6%

Days on Market Until Sale 56 56 0.0% 69 62 - 10.1%

Cumulative Days on Market Until Sale 73 68 - 6.8% 90 75 - 16.7%

Inventory of Homes for Sale 1,284 988 - 23.1% -- -- --

Months Supply of Inventory 4.1 2.9 - 29.3% -- -- --

* Does not account for sale concessions and/or downpayment assistance. | Percent changes are calculated using rounded figures and can sometimes look extreme due to small sample size.

A RESEARCH TOOL PROVIDED BY THE CHARLOTTE REGIONAL REALTOR® ASSOCIATION FOR MORE INFORMATION, CONTACT A REALTOR®

May

Union County, NC0

May Year to Date

Year to Date

Entire CarolinaMLS Area —

Union County, NC —

Current as of June 6, 2016. All data from CarolinaMLS. Report provided by the Charlotte Regional REALTOR® Association. Report © 2016 ShowingTime. Percent changes are calculated using rounded figures.

$140,000

$160,000

$180,000

$200,000

$220,000

$240,000

$260,000

1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016

Median Sales Price

2,317 2,419

New Listings

373413

Closed Sales

514 557

New Listings+ 8.4% + 10.7% + 4.4%

1,382 1,445

Closed Sales

2015 2016

+ 4.6%

Rolling 12-Month Calculation

Local Market Update for May 2016

Key Metrics 2015 2016 Percent Change Thru 5-2015 Thru 5-2016 Percent Change

New Listings 1,806 1,892 + 4.8% 8,371 8,328 - 0.5%

Pending Sales 1,419 1,779 + 25.4% 6,752 7,357 + 9.0%

Closed Sales 1,411 1,379 - 2.3% 5,562 5,752 + 3.4%

Median Sales Price* $198,500 $204,500 + 3.0% $187,500 $195,000 + 4.0%

Average Sales Price* $266,309 $274,199 + 3.0% $253,611 $260,575 + 2.7%

Percent of Original List Price Received* 96.5% 97.8% + 1.3% 95.7% 96.9% + 1.3%

List to Close 97 86 - 11.3% 106 100 - 5.7%

Days on Market Until Sale 48 33 - 31.3% 56 44 - 21.4%

Cumulative Days on Market Until Sale 59 42 - 28.8% 69 54 - 21.7%

Inventory of Homes for Sale 3,573 2,403 - 32.7% -- -- --

Months Supply of Inventory 3.1 1.9 - 38.7% -- -- --

* Does not account for sale concessions and/or downpayment assistance. | Percent changes are calculated using rounded figures and can sometimes look extreme due to small sample size.

A RESEARCH TOOL PROVIDED BY THE CHARLOTTE REGIONAL REALTOR® ASSOCIATION FOR MORE INFORMATION, CONTACT A REALTOR®

May

City of Charlotte, NC

May Year to Date

Year to Date

Entire CarolinaMLS Area —

City of Charlotte, NC —

Current as of June 6, 2016. All data from CarolinaMLS. Report provided by the Charlotte Regional REALTOR® Association. Report © 2016 ShowingTime. Percent changes are calculated using rounded figures.

$140,000

$150,000

$160,000

$170,000

$180,000

$190,000

$200,000

1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016

Median Sales Price

8,371 8,328

New Listings

1,411 1,379

Closed Sales

1,806 1,892

New Listings+ 4.8% - 2.3% - 0.5%

5,562 5,752

Closed Sales

2015 2016

+ 3.4%

Rolling 12-Month Calculation

Local Market Update for May 2016

Key Metrics 2015 2016 Percent Change Thru 5-2015 Thru 5-2016 Percent Change

New Listings 215 216 + 0.5% 1,038 1,016 - 2.1%

Pending Sales 186 204 + 9.7% 796 890 + 11.8%

Closed Sales 167 188 + 12.6% 657 712 + 8.4%

Median Sales Price* $184,900 $177,700 - 3.9% $166,000 $179,000 + 7.8%

Average Sales Price* $198,274 $198,348 + 0.0% $187,611 $199,394 + 6.3%

Percent of Original List Price Received* 95.5% 96.8% + 1.4% 94.6% 96.2% + 1.7%

List to Close 101 95 - 5.9% 116 109 - 6.0%

Days on Market Until Sale 61 49 - 19.7% 69 59 - 14.5%

Cumulative Days on Market Until Sale 82 53 - 35.4% 86 67 - 22.1%

Inventory of Homes for Sale 548 374 - 31.8% -- -- --

Months Supply of Inventory 3.7 2.3 - 37.8% -- -- --

* Does not account for sale concessions and/or downpayment assistance. | Percent changes are calculated using rounded figures and can sometimes look extreme due to small sample size.

A RESEARCH TOOL PROVIDED BY THE CHARLOTTE REGIONAL REALTOR® ASSOCIATION FOR MORE INFORMATION, CONTACT A REALTOR®

May

Concord, NC

May Year to Date

Year to Date

Entire CarolinaMLS Area —

Concord, NC —

Current as of June 6, 2016. All data from CarolinaMLS. Report provided by the Charlotte Regional REALTOR® Association. Report © 2016 ShowingTime. Percent changes are calculated using rounded figures.

$140,000

$150,000

$160,000

$170,000

$180,000

$190,000

$200,000

1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016

Median Sales Price

1,038 1,016

New Listings

167188

Closed Sales

215 216

New Listings+ 0.5% + 12.6% - 2.1%

657 712

Closed Sales

2015 2016

+ 8.4%

Rolling 12-Month Calculation

Local Market Update for May 2016

Key Metrics 2015 2016 Percent Change Thru 5-2015 Thru 5-2016 Percent Change

New Listings 80 58 - 27.5% 303 283 - 6.6%

Pending Sales 47 55 + 17.0% 200 220 + 10.0%

Closed Sales 44 44 0.0% 165 174 + 5.5%

Median Sales Price* $334,645 $292,500 - 12.6% $312,000 $315,000 + 1.0%

Average Sales Price* $404,470 $393,692 - 2.7% $376,725 $399,214 + 6.0%

Percent of Original List Price Received* 94.7% 96.6% + 2.0% 95.7% 96.6% + 0.9%

List to Close 139 131 - 5.8% 145 149 + 2.8%

Days on Market Until Sale 91 74 - 18.7% 92 89 - 3.3%

Cumulative Days on Market Until Sale 114 84 - 26.3% 111 106 - 4.5%

Inventory of Homes for Sale 206 144 - 30.1% -- -- --

Months Supply of Inventory 5.6 3.4 - 39.3% -- -- --

* Does not account for sale concessions and/or downpayment assistance. | Percent changes are calculated using rounded figures and can sometimes look extreme due to small sample size.

A RESEARCH TOOL PROVIDED BY THE CHARLOTTE REGIONAL REALTOR® ASSOCIATION FOR MORE INFORMATION, CONTACT A REALTOR®

May

Davidson, NC

May Year to Date

Year to Date

Entire CarolinaMLS Area —

Davidson, NC —

Current as of June 6, 2016. All data from CarolinaMLS. Report provided by the Charlotte Regional REALTOR® Association. Report © 2016 ShowingTime. Percent changes are calculated using rounded figures.

$150,000

$200,000

$250,000

$300,000

$350,000

$400,000

1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016

Median Sales Price

303 283

New Listings

44 44

Closed Sales

80

58

New Listings- 27.5% 0.0% - 6.6%

165 174

Closed Sales

2015 2016

+ 5.5%

Rolling 12-Month Calculation

Local Market Update for May 2016

Key Metrics 2015 2016 Percent Change Thru 5-2015 Thru 5-2016 Percent Change

New Listings 95 76 - 20.0% 393 367 - 6.6%

Pending Sales 63 65 + 3.2% 225 234 + 4.0%

Closed Sales 39 45 + 15.4% 155 168 + 8.4%

Median Sales Price* $327,828 $295,000 - 10.0% $280,720 $331,450 + 18.1%

Average Sales Price* $380,533 $342,889 - 9.9% $331,385 $355,771 + 7.4%

Percent of Original List Price Received* 96.5% 95.9% - 0.6% 94.9% 96.6% + 1.8%

List to Close 149 104 - 30.2% 153 134 - 12.4%

Days on Market Until Sale 91 59 - 35.2% 97 80 - 17.5%

Cumulative Days on Market Until Sale 108 89 - 17.6% 123 96 - 22.0%

Inventory of Homes for Sale 270 220 - 18.5% -- -- --

Months Supply of Inventory 6.6 5.1 - 22.7% -- -- --

* Does not account for sale concessions and/or downpayment assistance. | Percent changes are calculated using rounded figures and can sometimes look extreme due to small sample size.

A RESEARCH TOOL PROVIDED BY THE CHARLOTTE REGIONAL REALTOR® ASSOCIATION FOR MORE INFORMATION, CONTACT A REALTOR®

May

Denver, NC

May Year to Date

Year to Date

Entire CarolinaMLS Area —

Denver, NC —

Current as of June 6, 2016. All data from CarolinaMLS. Report provided by the Charlotte Regional REALTOR® Association. Report © 2016 ShowingTime. Percent changes are calculated using rounded figures.

$150,000

$175,000

$200,000

$225,000

$250,000

$275,000

$300,000

$325,000

1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016

Median Sales Price

393 367

New Listings

3945

Closed Sales

95

76

New Listings- 20.0% + 15.4% - 6.6%

155 168

Closed Sales

2015 2016

+ 8.4%

Rolling 12-Month Calculation

Local Market Update for May 2016

Key Metrics 2015 2016 Percent Change Thru 5-2015 Thru 5-2016 Percent Change

New Listings 151 157 + 4.0% 801 743 - 7.2%

Pending Sales 117 162 + 38.5% 594 694 + 16.8%

Closed Sales 107 119 + 11.2% 502 520 + 3.6%

Median Sales Price* $135,000 $144,990 + 7.4% $126,917 $133,500 + 5.2%

Average Sales Price* $135,722 $152,954 + 12.7% $132,332 $144,245 + 9.0%

Percent of Original List Price Received* 93.5% 94.8% + 1.4% 92.5% 93.7% + 1.3%

List to Close 131 134 + 2.3% 137 129 - 5.8%

Days on Market Until Sale 84 83 - 1.2% 91 78 - 14.3%

Cumulative Days on Market Until Sale 93 95 + 2.2% 116 96 - 17.2%

Inventory of Homes for Sale 583 327 - 43.9% -- -- --

Months Supply of Inventory 5.7 2.8 - 50.9% -- -- --

* Does not account for sale concessions and/or downpayment assistance. | Percent changes are calculated using rounded figures and can sometimes look extreme due to small sample size.

A RESEARCH TOOL PROVIDED BY THE CHARLOTTE REGIONAL REALTOR® ASSOCIATION FOR MORE INFORMATION, CONTACT A REALTOR®

May

Gastonia, NC0

May Year to Date

Year to Date

Entire CarolinaMLS Area —

Gastonia, NC —

Current as of June 6, 2016. All data from CarolinaMLS. Report provided by the Charlotte Regional REALTOR® Association. Report © 2016 ShowingTime. Percent changes are calculated using rounded figures.

$80,000

$100,000

$120,000

$140,000

$160,000

$180,000

$200,000

1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016

Median Sales Price

801 743

New Listings

107119

Closed Sales

151 157

New Listings+ 4.0% + 11.2% - 7.2%

502 520

Closed Sales

2015 2016

+ 3.6%

Rolling 12-Month Calculation

Local Market Update for May 2016

Key Metrics 2015 2016 Percent Change Thru 5-2015 Thru 5-2016 Percent Change

New Listings 180 205 + 13.9% 844 887 + 5.1%

Pending Sales 180 166 - 7.8% 668 725 + 8.5%

Closed Sales 118 142 + 20.3% 515 515 0.0%

Median Sales Price* $262,500 $270,750 + 3.1% $249,000 $258,000 + 3.6%

Average Sales Price* $276,636 $296,197 + 7.1% $273,754 $278,480 + 1.7%

Percent of Original List Price Received* 97.3% 97.5% + 0.2% 96.8% 96.7% - 0.1%

List to Close 101 88 - 12.9% 106 96 - 9.4%

Days on Market Until Sale 51 40 - 21.6% 55 49 - 10.9%

Cumulative Days on Market Until Sale 61 53 - 13.1% 66 60 - 9.1%

Inventory of Homes for Sale 322 312 - 3.1% -- -- --

Months Supply of Inventory 2.6 2.6 0.0% -- -- --

* Does not account for sale concessions and/or downpayment assistance. | Percent changes are calculated using rounded figures and can sometimes look extreme due to small sample size.

A RESEARCH TOOL PROVIDED BY THE CHARLOTTE REGIONAL REALTOR® ASSOCIATION FOR MORE INFORMATION, CONTACT A REALTOR®

May

Huntersville, NC0

May Year to Date

Year to Date

Entire CarolinaMLS Area —

Huntersville, NC —

Current as of June 6, 2016. All data from CarolinaMLS. Report provided by the Charlotte Regional REALTOR® Association. Report © 2016 ShowingTime. Percent changes are calculated using rounded figures.

$140,000

$160,000

$180,000

$200,000

$220,000

$240,000

$260,000

$280,000

1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016

Median Sales Price

844 887

New Listings

118142

Closed Sales

180205

New Listings+ 13.9% + 20.3% + 5.1%

515 515

Closed Sales

2015 2016

0.0%

Rolling 12-Month Calculation

Local Market Update for May 2016

Key Metrics 2015 2016 Percent Change Thru 5-2015 Thru 5-2016 Percent Change

New Listings 77 70 - 9.1% 339 355 + 4.7%

Pending Sales 49 63 + 28.6% 229 306 + 33.6%

Closed Sales 49 63 + 28.6% 196 260 + 32.7%

Median Sales Price* $119,900 $130,490 + 8.8% $108,000 $120,250 + 11.3%

Average Sales Price* $113,766 $144,496 + 27.0% $116,261 $136,874 + 17.7%

Percent of Original List Price Received* 92.0% 96.3% + 4.7% 90.4% 93.7% + 3.7%

List to Close 150 106 - 29.3% 136 120 - 11.8%

Days on Market Until Sale 94 56 - 40.4% 91 72 - 20.9%

Cumulative Days on Market Until Sale 104 60 - 42.3% 106 83 - 21.7%

Inventory of Homes for Sale 274 176 - 35.8% -- -- --

Months Supply of Inventory 6.0 3.2 - 46.7% -- -- --

* Does not account for sale concessions and/or downpayment assistance. | Percent changes are calculated using rounded figures and can sometimes look extreme due to small sample size.

A RESEARCH TOOL PROVIDED BY THE CHARLOTTE REGIONAL REALTOR® ASSOCIATION FOR MORE INFORMATION, CONTACT A REALTOR®

May

Kannapolis, NC0

May Year to Date

Year to Date

Entire CarolinaMLS Area —

Kannapolis, NC —

Current as of June 6, 2016. All data from CarolinaMLS. Report provided by the Charlotte Regional REALTOR® Association. Report © 2016 ShowingTime. Percent changes are calculated using rounded figures.

$60,000

$80,000

$100,000

$120,000

$140,000

$160,000

$180,000

$200,000

1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016

Median Sales Price

339 355

New Listings

49

63

Closed Sales

7770

New Listings- 9.1% + 28.6% + 4.7%

196

260

Closed Sales

2015 2016

+ 32.7%

Rolling 12-Month Calculation

Local Market Update for May 2016

Key Metrics 2015 2016 Percent Change Thru 5-2015 Thru 5-2016 Percent Change

New Listings 45 51 + 13.3% 233 211 - 9.4%

Pending Sales 26 49 + 88.5% 158 195 + 23.4%

Closed Sales 38 41 + 7.9% 130 144 + 10.8%

Median Sales Price* $139,500 $130,000 - 6.8% $132,500 $131,245 - 0.9%

Average Sales Price* $139,172 $139,188 + 0.0% $139,790 $142,472 + 1.9%

Percent of Original List Price Received* 93.0% 93.6% + 0.6% 90.5% 92.0% + 1.7%

List to Close 128 137 + 7.0% 163 159 - 2.5%

Days on Market Until Sale 83 79 - 4.8% 114 103 - 9.6%

Cumulative Days on Market Until Sale 104 89 - 14.4% 136 123 - 9.6%

Inventory of Homes for Sale 220 107 - 51.4% -- -- --

Months Supply of Inventory 8.5 3.3 - 61.2% -- -- --

* Does not account for sale concessions and/or downpayment assistance. | Percent changes are calculated using rounded figures and can sometimes look extreme due to small sample size.

A RESEARCH TOOL PROVIDED BY THE CHARLOTTE REGIONAL REALTOR® ASSOCIATION FOR MORE INFORMATION, CONTACT A REALTOR®

May

Lincolnton, NC0

May Year to Date

Year to Date

Entire CarolinaMLS Area —

Lincolnton, NC —

Current as of June 6, 2016. All data from CarolinaMLS. Report provided by the Charlotte Regional REALTOR® Association. Report © 2016 ShowingTime. Percent changes are calculated using rounded figures.

$80,000

$100,000

$120,000

$140,000

$160,000

$180,000

$200,000

1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016

Median Sales Price

233211

New Listings

38 41

Closed Sales

4551

New Listings+ 13.3% + 7.9% - 9.4%

130144

Closed Sales

2015 2016

+ 10.8%

Rolling 12-Month Calculation

Local Market Update for May 2016

Key Metrics 2015 2016 Percent Change Thru 5-2015 Thru 5-2016 Percent Change

New Listings 126 131 + 4.0% 583 581 - 0.3%

Pending Sales 99 130 + 31.3% 438 541 + 23.5%

Closed Sales 87 108 + 24.1% 369 401 + 8.7%

Median Sales Price* $153,935 $171,500 + 11.4% $154,185 $167,000 + 8.3%

Average Sales Price* $149,850 $187,988 + 25.5% $163,114 $182,022 + 11.6%

Percent of Original List Price Received* 93.8% 97.3% + 3.7% 93.7% 95.9% + 2.3%

List to Close 104 105 + 1.0% 115 111 - 3.5%

Days on Market Until Sale 51 55 + 7.8% 64 60 - 6.3%

Cumulative Days on Market Until Sale 70 63 - 10.0% 85 69 - 18.8%

Inventory of Homes for Sale 335 216 - 35.5% -- -- --

Months Supply of Inventory 3.9 2.3 - 41.0% -- -- --

* Does not account for sale concessions and/or downpayment assistance. | Percent changes are calculated using rounded figures and can sometimes look extreme due to small sample size.

A RESEARCH TOOL PROVIDED BY THE CHARLOTTE REGIONAL REALTOR® ASSOCIATION FOR MORE INFORMATION, CONTACT A REALTOR®

May

Monroe, NC0

May Year to Date

Year to Date

Entire CarolinaMLS Area —

Monroe, NC —

Current as of June 6, 2016. All data from CarolinaMLS. Report provided by the Charlotte Regional REALTOR® Association. Report © 2016 ShowingTime. Percent changes are calculated using rounded figures.

$120,000

$140,000

$160,000

$180,000

$200,000

1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016

Median Sales Price

583 581

New Listings

87108

Closed Sales

126 131

New Listings+ 4.0% + 24.1% - 0.3%

369 401

Closed Sales

2015 2016

+ 8.7%

Rolling 12-Month Calculation

Local Market Update for May 2016

Key Metrics 2015 2016 Percent Change Thru 5-2015 Thru 5-2016 Percent Change

New Listings 269 231 - 14.1% 1,091 1,055 - 3.3%

Pending Sales 156 211 + 35.3% 740 819 + 10.7%

Closed Sales 160 165 + 3.1% 618 621 + 0.5%

Median Sales Price* $266,161 $279,900 + 5.2% $250,760 $250,000 - 0.3%

Average Sales Price* $358,926 $352,144 - 1.9% $331,688 $330,558 - 0.3%

Percent of Original List Price Received* 95.5% 95.4% - 0.1% 94.5% 94.7% + 0.2%

List to Close 126 126 0.0% 135 134 - 0.7%

Days on Market Until Sale 73 76 + 4.1% 85 80 - 5.9%

Cumulative Days on Market Until Sale 96 96 0.0% 105 96 - 8.6%

Inventory of Homes for Sale 747 647 - 13.4% -- -- --

Months Supply of Inventory 5.6 4.4 - 21.4% -- -- --

* Does not account for sale concessions and/or downpayment assistance. | Percent changes are calculated using rounded figures and can sometimes look extreme due to small sample size.

A RESEARCH TOOL PROVIDED BY THE CHARLOTTE REGIONAL REALTOR® ASSOCIATION FOR MORE INFORMATION, CONTACT A REALTOR®

May

Mooresville, NC0

May Year to Date

Year to Date

Entire CarolinaMLS Area —

Mooresville, NC —

Current as of June 6, 2016. All data from CarolinaMLS. Report provided by the Charlotte Regional REALTOR® Association. Report © 2016 ShowingTime. Percent changes are calculated using rounded figures.

$140,000

$160,000

$180,000

$200,000

$220,000

$240,000

$260,000

1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016

Median Sales Price

1,091 1,055

New Listings

160 165

Closed Sales

269231

New Listings- 14.1% + 3.1% - 3.3%

618 621

Closed Sales

2015 2016

+ 0.5%

Rolling 12-Month Calculation

Local Market Update for May 2016

Key Metrics 2015 2016 Percent Change Thru 5-2015 Thru 5-2016 Percent Change

New Listings 126 102 - 19.0% 466 466 0.0%

Pending Sales 68 86 + 26.5% 308 377 + 22.4%

Closed Sales 62 77 + 24.2% 271 302 + 11.4%

Median Sales Price* $124,500 $153,000 + 22.9% $116,500 $134,000 + 15.0%

Average Sales Price* $125,183 $151,625 + 21.1% $127,489 $141,970 + 11.4%

Percent of Original List Price Received* 90.4% 92.5% + 2.3% 89.0% 91.2% + 2.5%

List to Close 155 164 + 5.8% 179 153 - 14.5%

Days on Market Until Sale 107 108 + 0.9% 133 102 - 23.3%

Cumulative Days on Market Until Sale 140 120 - 14.3% 161 124 - 23.0%

Inventory of Homes for Sale 469 323 - 31.1% -- -- --

Months Supply of Inventory 8.6 5.0 - 41.9% -- -- --

* Does not account for sale concessions and/or downpayment assistance. | Percent changes are calculated using rounded figures and can sometimes look extreme due to small sample size.

A RESEARCH TOOL PROVIDED BY THE CHARLOTTE REGIONAL REALTOR® ASSOCIATION FOR MORE INFORMATION, CONTACT A REALTOR®

May

Salisbury, NC0

May Year to Date

Year to Date

Entire CarolinaMLS Area —

Salisbury, NC —

Current as of June 6, 2016. All data from CarolinaMLS. Report provided by the Charlotte Regional REALTOR® Association. Report © 2016 ShowingTime. Percent changes are calculated using rounded figures.

$80,000

$100,000

$120,000

$140,000

$160,000

$180,000

$200,000

1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016

Median Sales Price

466 466

New Listings

6277

Closed Sales

126102

New Listings- 19.0% + 24.2% 0.0%

271302

Closed Sales

2015 2016

+ 11.4%

Rolling 12-Month Calculation

Local Market Update for May 2016

Key Metrics 2015 2016 Percent Change Thru 5-2015 Thru 5-2016 Percent Change

New Listings 138 121 - 12.3% 511 493 - 3.5%

Pending Sales 90 106 + 17.8% 349 400 + 14.6%

Closed Sales 65 61 - 6.2% 290 304 + 4.8%

Median Sales Price* $135,000 $145,000 + 7.4% $128,000 $135,000 + 5.5%

Average Sales Price* $149,636 $156,680 + 4.7% $143,258 $144,067 + 0.6%

Percent of Original List Price Received* 91.6% 92.4% + 0.9% 91.0% 92.3% + 1.4%

List to Close 117 174 + 48.7% 137 152 + 10.9%

Days on Market Until Sale 73 118 + 61.6% 89 101 + 13.5%

Cumulative Days on Market Until Sale 92 136 + 47.8% 105 121 + 15.2%

Inventory of Homes for Sale 407 326 - 19.9% -- -- --

Months Supply of Inventory 6.6 4.6 - 30.3% -- -- --

* Does not account for sale concessions and/or downpayment assistance. | Percent changes are calculated using rounded figures and can sometimes look extreme due to small sample size.

A RESEARCH TOOL PROVIDED BY THE CHARLOTTE REGIONAL REALTOR® ASSOCIATION FOR MORE INFORMATION, CONTACT A REALTOR®

May

Statesville, NC0

May Year to Date

Year to Date

Entire CarolinaMLS Area —

Statesville, NC —

Current as of June 6, 2016. All data from CarolinaMLS. Report provided by the Charlotte Regional REALTOR® Association. Report © 2016 ShowingTime. Percent changes are calculated using rounded figures.

$80,000

$100,000

$120,000

$140,000

$160,000

$180,000

$200,000

1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016

Median Sales Price

511 493

New Listings

65 61

Closed Sales

138121

New Listings- 12.3% - 6.2% - 3.5%

290 304

Closed Sales

2015 2016

+ 4.8%

Rolling 12-Month Calculation

Local Market Update for May 2016

Key Metrics 2015 2016 Percent Change Thru 5-2015 Thru 5-2016 Percent Change

New Listings 144 202 + 40.3% 695 735 + 5.8%

Pending Sales 134 149 + 11.2% 491 542 + 10.4%

Closed Sales 114 107 - 6.1% 347 376 + 8.4%

Median Sales Price* $351,750 $395,000 + 12.3% $345,000 $385,000 + 11.6%

Average Sales Price* $377,873 $423,658 + 12.1% $385,579 $419,925 + 8.9%

Percent of Original List Price Received* 95.8% 97.6% + 1.9% 95.4% 96.2% + 0.8%

List to Close 107 113 + 5.6% 117 126 + 7.7%

Days on Market Until Sale 61 56 - 8.2% 67 68 + 1.5%

Cumulative Days on Market Until Sale 81 79 - 2.5% 92 87 - 5.4%

Inventory of Homes for Sale 382 358 - 6.3% -- -- --

Months Supply of Inventory 4.3 4.0 - 7.0% -- -- --

* Does not account for sale concessions and/or downpayment assistance. | Percent changes are calculated using rounded figures and can sometimes look extreme due to small sample size.

A RESEARCH TOOL PROVIDED BY THE CHARLOTTE REGIONAL REALTOR® ASSOCIATION FOR MORE INFORMATION, CONTACT A REALTOR®

May

Waxhaw, NC0

May Year to Date

Year to Date

Entire CarolinaMLS Area —

Waxhaw, NC —

Current as of June 6, 2016. All data from CarolinaMLS. Report provided by the Charlotte Regional REALTOR® Association. Report © 2016 ShowingTime. Percent changes are calculated using rounded figures.

$150,000

$200,000

$250,000

$300,000

$350,000

$400,000

1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016

Median Sales Price

695 735

New Listings

114 107

Closed Sales

144

202

New Listings+ 40.3% - 6.1% + 5.8%

347 376

Closed Sales

2015 2016

+ 8.4%

Rolling 12-Month Calculation

Local Market Update for May 2016

Key Metrics 2015 2016 Percent Change Thru 5-2015 Thru 5-2016 Percent Change

New Listings 334 312 - 6.6% 1,447 1,479 + 2.2%

Pending Sales 202 216 + 6.9% 873 906 + 3.8%

Closed Sales 189 160 - 15.3% 685 668 - 2.5%

Median Sales Price* $359,000 $363,250 + 1.2% $340,000 $340,000 0.0%

Average Sales Price* $460,884 $460,553 - 0.1% $417,208 $440,933 + 5.7%

Percent of Original List Price Received* 95.2% 95.5% + 0.3% 94.1% 94.9% + 0.9%

List to Close 138 128 - 7.2% 149 145 - 2.7%

Days on Market Until Sale 87 79 - 9.2% 97 88 - 9.3%

Cumulative Days on Market Until Sale 113 103 - 8.8% 121 116 - 4.1%

Inventory of Homes for Sale 1,152 1,068 - 7.3% -- -- --

Months Supply of Inventory 7.3 6.6 - 9.6% -- -- --

* Does not account for sale concessions and/or downpayment assistance. | Percent changes are calculated using rounded figures and can sometimes look extreme due to small sample size.

A RESEARCH TOOL PROVIDED BY THE CHARLOTTE REGIONAL REALTOR® ASSOCIATION FOR MORE INFORMATION, CONTACT A REALTOR®

May

Lake Norman0

May Year to Date

Year to Date

Entire CarolinaMLS Area —

Lake Norman —

Current as of June 6, 2016. All data from CarolinaMLS. Report provided by the Charlotte Regional REALTOR® Association. Report © 2016 ShowingTime. Percent changes are calculated using rounded figures.

$150,000

$200,000

$250,000

$300,000

$350,000

$400,000

1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016

Median Sales Price

1,447 1,479

New Listings

189160

Closed Sales

334 312

New Listings- 6.6% - 15.3% + 2.2%

685 668

Closed Sales

2015 2016

- 2.5%

Rolling 12-Month Calculation

Local Market Update for May 2016

Key Metrics 2015 2016 Percent Change Thru 5-2015 Thru 5-2016 Percent Change

New Listings 140 153 + 9.3% 659 644 - 2.3%

Pending Sales 86 128 + 48.8% 437 498 + 14.0%

Closed Sales 91 109 + 19.8% 347 376 + 8.4%

Median Sales Price* $285,000 $329,172 + 15.5% $285,000 $318,348 + 11.7%

Average Sales Price* $344,583 $368,003 + 6.8% $321,889 $362,068 + 12.5%

Percent of Original List Price Received* 94.4% 96.0% + 1.7% 95.2% 96.0% + 0.8%

List to Close 153 117 - 23.5% 151 134 - 11.3%

Days on Market Until Sale 93 72 - 22.6% 95 81 - 14.7%

Cumulative Days on Market Until Sale 116 84 - 27.6% 119 102 - 14.3%

Inventory of Homes for Sale 471 376 - 20.2% -- -- --

Months Supply of Inventory 6.3 4.4 - 30.2% -- -- --

* Does not account for sale concessions and/or downpayment assistance. | Percent changes are calculated using rounded figures and can sometimes look extreme due to small sample size.

A RESEARCH TOOL PROVIDED BY THE CHARLOTTE REGIONAL REALTOR® ASSOCIATION FOR MORE INFORMATION, CONTACT A REALTOR®

May

Lake Wylie0

May Year to Date

Year to Date

Entire CarolinaMLS Area —

Lake Wylie —

Current as of June 6, 2016. All data from CarolinaMLS. Report provided by the Charlotte Regional REALTOR® Association. Report © 2016 ShowingTime. Percent changes are calculated using rounded figures.

$150,000

$175,000

$200,000

$225,000

$250,000

$275,000

$300,000

$325,000

1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016

Median Sales Price

659 644

New Listings

91109

Closed Sales

140 153

New Listings+ 9.3% + 19.8% - 2.3%

347 376

Closed Sales

2015 2016

+ 8.4%

Rolling 12-Month Calculation

Local Market Update for May 2016

Key Metrics 2015 2016 Percent Change Thru 5-2015 Thru 5-2016 Percent Change

New Listings 45 48 + 6.7% 210 211 + 0.5%

Pending Sales 31 37 + 19.4% 148 171 + 15.5%

Closed Sales 26 33 + 26.9% 127 149 + 17.3%

Median Sales Price* $228,000 $258,000 + 13.2% $245,000 $253,000 + 3.3%

Average Sales Price* $253,042 $292,620 + 15.6% $331,576 $296,295 - 10.6%

Percent of Original List Price Received* 96.9% 97.0% + 0.1% 96.6% 96.0% - 0.6%

List to Close 93 82 - 11.8% 117 108 - 7.7%

Days on Market Until Sale 48 38 - 20.8% 71 63 - 11.3%

Cumulative Days on Market Until Sale 60 54 - 10.0% 73 76 + 4.1%

Inventory of Homes for Sale 109 80 - 26.6% -- -- --

Months Supply of Inventory 4.3 2.7 - 37.2% -- -- --

* Does not account for sale concessions and/or downpayment assistance. | Percent changes are calculated using rounded figures and can sometimes look extreme due to small sample size.

A RESEARCH TOOL PROVIDED BY THE CHARLOTTE REGIONAL REALTOR® ASSOCIATION FOR MORE INFORMATION, CONTACT A REALTOR®

May

Uptown Charlotte0

May Year to Date

Year to Date

Entire CarolinaMLS Area —

Uptown Charlotte —

Current as of June 6, 2016. All data from CarolinaMLS. Report provided by the Charlotte Regional REALTOR® Association. Report © 2016 ShowingTime. Percent changes are calculated using rounded figures.

$150,000

$175,000

$200,000

$225,000

$250,000

$275,000

$300,000

1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016

Median Sales Price

210 211

New Listings

26

33

Closed Sales

45 48

New Listings+ 6.7% + 26.9% + 0.5%

127149

Closed Sales

2015 2016

+ 17.3%

Rolling 12-Month Calculation

Local Market Update for May 2016

Key Metrics 2015 2016 Percent Change Thru 5-2015 Thru 5-2016 Percent Change

New Listings 132 191 + 44.7% 695 793 + 14.1%

Pending Sales 126 163 + 29.4% 535 658 + 23.0%

Closed Sales 96 129 + 34.4% 442 510 + 15.4%

Median Sales Price* $249,950 $265,000 + 6.0% $239,450 $260,000 + 8.6%

Average Sales Price* $249,190 $267,108 + 7.2% $247,575 $264,785 + 7.0%

Percent of Original List Price Received* 96.1% 97.0% + 0.9% 95.2% 96.2% + 1.1%

List to Close 128 109 - 14.8% 132 120 - 9.1%

Days on Market Until Sale 81 59 - 27.2% 80 67 - 16.3%

Cumulative Days on Market Until Sale 101 65 - 35.6% 93 77 - 17.2%

Inventory of Homes for Sale 402 359 - 10.7% -- -- --

Months Supply of Inventory 4.2 3.2 - 23.8% -- -- --

* Does not account for sale concessions and/or downpayment assistance. | Percent changes are calculated using rounded figures and can sometimes look extreme due to small sample size.

A RESEARCH TOOL PROVIDED BY THE CHARLOTTE REGIONAL REALTOR® ASSOCIATION FOR MORE INFORMATION, CONTACT A REALTOR®

May

Lancaster County, SC0

May Year to Date

Year to Date

Entire CarolinaMLS Area —

Lancaster County, SC —

Current as of June 6, 2016. All data from CarolinaMLS. Report provided by the Charlotte Regional REALTOR® Association. Report © 2016 ShowingTime. Percent changes are calculated using rounded figures.

$140,000

$160,000

$180,000

$200,000

$220,000

$240,000

$260,000

1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016

Median Sales Price

695793

New Listings

96

129

Closed Sales

132

191

New Listings+ 44.7% + 34.4% + 14.1%

442510

Closed Sales

2015 2016

+ 15.4%

Rolling 12-Month Calculation

Local Market Update for May 2016

Key Metrics 2015 2016 Percent Change Thru 5-2015 Thru 5-2016 Percent Change

New Listings 528 559 + 5.9% 2,367 2,449 + 3.5%

Pending Sales 419 508 + 21.2% 1,876 2,135 + 13.8%

Closed Sales 405 459 + 13.3% 1,536 1,684 + 9.6%

Median Sales Price* $203,000 $219,400 + 8.1% $192,000 $215,000 + 12.0%

Average Sales Price* $233,689 $253,230 + 8.4% $224,754 $243,663 + 8.4%

Percent of Original List Price Received* 96.6% 98.0% + 1.4% 95.6% 96.8% + 1.3%

List to Close 115 94 - 18.3% 126 110 - 12.7%

Days on Market Until Sale 64 45 - 29.7% 74 58 - 21.6%

Cumulative Days on Market Until Sale 75 51 - 32.0% 89 66 - 25.8%

Inventory of Homes for Sale 1,257 973 - 22.6% -- -- --

Months Supply of Inventory 3.8 2.7 - 28.9% -- -- --

* Does not account for sale concessions and/or downpayment assistance. | Percent changes are calculated using rounded figures and can sometimes look extreme due to small sample size.

A RESEARCH TOOL PROVIDED BY THE CHARLOTTE REGIONAL REALTOR® ASSOCIATION FOR MORE INFORMATION, CONTACT A REALTOR®

May

York County, SC0

May Year to Date

Year to Date

Entire CarolinaMLS Area —

York County, SC —

Current as of June 6, 2016. All data from CarolinaMLS. Report provided by the Charlotte Regional REALTOR® Association. Report © 2016 ShowingTime. Percent changes are calculated using rounded figures.

$150,000

$160,000

$170,000

$180,000

$190,000

$200,000

$210,000

$220,000

1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016

Median Sales Price

2,367 2,449

New Listings

405459

Closed Sales

528 559

New Listings+ 5.9% + 13.3% + 3.5%

1,5361,684

Closed Sales

2015 2016

+ 9.6%

Rolling 12-Month Calculation

Local Market Update for May 2016

Key Metrics 2015 2016 Percent Change Thru 5-2015 Thru 5-2016 Percent Change

New Listings 171 224 + 31.0% 744 876 + 17.7%

Pending Sales 150 186 + 24.0% 591 723 + 22.3%

Closed Sales 124 149 + 20.2% 475 523 + 10.1%

Median Sales Price* $282,500 $284,900 + 0.8% $248,500 $275,000 + 10.7%

Average Sales Price* $300,635 $315,246 + 4.9% $290,484 $303,284 + 4.4%

Percent of Original List Price Received* 97.9% 98.5% + 0.6% 96.4% 97.7% + 1.3%

List to Close 102 93 - 8.8% 120 102 - 15.0%

Days on Market Until Sale 46 44 - 4.3% 64 51 - 20.3%

Cumulative Days on Market Until Sale 51 48 - 5.9% 73 60 - 17.8%

Inventory of Homes for Sale 321 316 - 1.6% -- -- --

Months Supply of Inventory 2.9 2.6 - 10.3% -- -- --

* Does not account for sale concessions and/or downpayment assistance. | Percent changes are calculated using rounded figures and can sometimes look extreme due to small sample size.

A RESEARCH TOOL PROVIDED BY THE CHARLOTTE REGIONAL REALTOR® ASSOCIATION FOR MORE INFORMATION, CONTACT A REALTOR®

May

Fort Mill, SC

May Year to Date

Year to Date

Entire CarolinaMLS Area —

Fort Mill, SC —

Current as of June 6, 2016. All data from CarolinaMLS. Report provided by the Charlotte Regional REALTOR® Association. Report © 2016 ShowingTime. Percent changes are calculated using rounded figures.

$140,000

$160,000

$180,000

$200,000

$220,000

$240,000

$260,000

$280,000

1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016

Median Sales Price

744876

New Listings

124149

Closed Sales

171

224

New Listings+ 31.0% + 20.2% + 17.7%

475523

Closed Sales

2015 2016

+ 10.1%

Rolling 12-Month Calculation

Local Market Update for May 2016

Key Metrics 2015 2016 Percent Change Thru 5-2015 Thru 5-2016 Percent Change

New Listings 185 189 + 2.2% 857 827 - 3.5%

Pending Sales 148 181 + 22.3% 724 783 + 8.1%

Closed Sales 148 174 + 17.6% 603 643 + 6.6%

Median Sales Price* $149,950 $161,750 + 7.9% $151,900 $166,000 + 9.3%

Average Sales Price* $165,250 $189,943 + 14.9% $169,531 $188,511 + 11.2%

Percent of Original List Price Received* 96.3% 98.6% + 2.4% 95.5% 97.0% + 1.6%

List to Close 111 91 - 18.0% 119 104 - 12.6%

Days on Market Until Sale 62 40 - 35.5% 72 51 - 29.2%

Cumulative Days on Market Until Sale 70 44 - 37.1% 85 58 - 31.8%

Inventory of Homes for Sale 433 284 - 34.4% -- -- --

Months Supply of Inventory 3.5 2.1 - 40.0% -- -- --

* Does not account for sale concessions and/or downpayment assistance. | Percent changes are calculated using rounded figures and can sometimes look extreme due to small sample size.

A RESEARCH TOOL PROVIDED BY THE CHARLOTTE REGIONAL REALTOR® ASSOCIATION FOR MORE INFORMATION, CONTACT A REALTOR®

May

Rock Hill, SC0

May Year to Date

Year to Date

Entire CarolinaMLS Area —

Rock Hill, SC —

Current as of June 6, 2016. All data from CarolinaMLS. Report provided by the Charlotte Regional REALTOR® Association. Report © 2016 ShowingTime. Percent changes are calculated using rounded figures.

$130,000

$140,000

$150,000

$160,000

$170,000

$180,000

$190,000

$200,000

1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016

Median Sales Price

857 827

New Listings

148174

Closed Sales

185 189

New Listings+ 2.2% + 17.6% - 3.5%

603 643

Closed Sales

2015 2016

+ 6.6%

Rolling 12-Month Calculation

Local Market Update for May 2016

Key Metrics 2015 2016 Percent Change Thru 5-2015 Thru 5-2016 Percent Change

New Listings 4,616 4,797 + 3.9% 21,054 21,220 + 0.8%

Pending Sales 3,645 4,360 + 19.6% 16,253 18,251 + 12.3%

Closed Sales 3,353 3,559 + 6.1% 13,303 14,077 + 5.8%

Median Sales Price* $203,000 $212,000 + 4.4% $190,000 $200,000 + 5.3%

Average Sales Price* $251,374 $260,169 + 3.5% $238,223 $249,247 + 4.6%

Percent of Original List Price Received* 95.9% 97.2% + 1.4% 95.0% 96.3% + 1.4%

List to Close 110 100 - 9.1% 119 111 - 6.7%

Days on Market Until Sale 60 48 - 20.0% 68 57 - 16.2%

Cumulative Days on Market Until Sale 74 57 - 23.0% 84 68 - 19.0%

Inventory of Homes for Sale 11,179 8,031 - 28.2% -- -- --

Months Supply of Inventory 3.9 2.5 - 35.9% -- -- --

* Does not account for sale concessions and/or downpayment assistance. | Percent changes are calculated using rounded figures and can sometimes look extreme due to small sample size.

A RESEARCH TOOL PROVIDED BY THE CHARLOTTE REGIONAL REALTOR® ASSOCIATION FOR MORE INFORMATION, CONTACT A REALTOR®

May

Charlotte MSA

May Year to Date

Year to Date

Entire CarolinaMLS Area —

Charlotte MSA —

Current as of June 6, 2016. All data from CarolinaMLS. Report provided by the Charlotte Regional REALTOR® Association. Report © 2016 ShowingTime. Percent changes are calculated using rounded figures.

$150,000

$160,000

$170,000

$180,000

$190,000

$200,000

1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016

Median Sales Price

21,054 21,220

New Listings

3,353 3,559

Closed Sales

4,616 4,797

New Listings+ 3.9% + 6.1% + 0.8%

13,303 14,077

Closed Sales

2015 2016

+ 5.8%

Rolling 12-Month Calculation

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