Total Market Overview Residential and Single Family with Acreage

Year to Date as of December 31, 2010 Numbers pulled from Navica 1/7/2011

Lubbock Association of REALTORS

Price Range

Number of

Active Listings

Months Supply of Inventory

2 Bedrooms

or Less

3 Bedroom

4 Bedroom Or More

Number of Pending

Contracts

Monthly Expireds

Number of

Expired YTD

Monthly Solds

Number of Solds

Three Months

Number of Solds

YTD

Average Sold

Price Last YTD

List to Sales Price Ratio

Average Days on Market

Under $49,999 96 7.38 52 39 5 20 9 58 13 46 219 $29,061 89.87% 94

$50,000- $99,999 452 5.65 93 311 48 54 34 238 80 190 907 $76,236 95.92% 97

$100,000- $149,999

434 6.28 19 364 51 57 27 202 69 176 949 $119,938 97.31% 89

$150,000- $199,999 240 7.50 10 147 83 12 17 120 32 97 436 $168,406 97.03% 110

$200,000- $249,999

94 5.52 2 42 50 7 3 35 17 43 186 $220,617 97.38% 103

$250,000- $299,999 76 8.44 5 26 45 8 5 44 9 27 132 $267,883 96.55% 112

$300,000- $399,999

115 8.84 4 27 84 14 6 70 13 31 116 $336,121 96.74% 141

$400,000- $499,999

63 N/A 3 11 49 8 3 44 N/A 3 48 $423,825 94.05% 162

$500,000- $599,999 32 32.0 N/A 3 29 N/A 1 17 1 5 18 $534,194 94.73% 188

$600,000- $699,999 10 10.0 1 1 8 2 1 7 1 1 4 $619,250 93.77% 143

$700,000- $799,999 17 8.50 N/A 3 14 1 N/A 9 2 3 7 $734,500 96.38% 157

$800,000- $899,999

10 N/A N/A N/A 10 N/A 1 7 N/A N/A 3 $786,183 90.61% 185

$900,000- $999,000

7 N/A N/A N/A 7 N/A N/A N/A N/A N/A 1 $975,000 100% 67

Million Plus 9 N/A N/A N/A 9 N/A N/A 8 N/A N/A 1 $950,000 86.36% 239