february 2011 real estate statistics
TRANSCRIPT
Average Sales Price
$150,000.00
$170,000.00
$190,000.00
$210,000.00
$230,000.00
$250,000.00
$270,000.00
$290,000.00
Mar-0
3
Ju
n-0
3
Sep
-03
Dec-0
3
Mar-0
4
Ju
n-0
4
Sep
-04
Dec-0
4
Mar-0
5
Ju
n-0
5
Sep
-05
Dec-0
5
Mar-0
6
Ju
n-0
6
Sep
-06
Dec-0
6
Mar-0
7
Ju
n-0
7
Sep
-07
Dec-0
7
Mar-0
8
Ju
n-0
8
Sep
-08
Dec-0
8
Mar-0
9
Ju
n-0
9
Sep
-09
Dec-0
9
Mar-1
0
Ju
n-1
0
Sep
-10
12/1
20
$150,000.00
$170,000.00
$190,000.00
$210,000.00
$230,000.00
$250,000.00
$270,000.00
Mar-0
3
Ju
n-0
3
Sep
-03
Dec-0
3
Mar-0
4
Ju
n-0
4
Sep
-04
Dec-0
4
Mar-0
5
Ju
n-0
5
Sep
-05
Dec-0
5
Mar-0
6
Ju
n-0
6
Sep
-06
Dec-0
6
Mar-0
7
Ju
n-0
7
Sep
-07
Dec-0
7
Mar-0
8
Ju
n-0
8
Sep
-08
Dec-0
8
Mar-0
9
Ju
n-0
9
Sep
-09
Dec-0
9
Mar-1
0
Ju
n-1
0
Sep
-10
Dec-1
0
Sales Price
Previous 12 Month Average
Median Sales Price
$150,000.00
$160,000.00
$170,000.00
$180,000.00
$190,000.00
$200,000.00
$210,000.00
$220,000.00
$230,000.00
Mar-0
3
Ju
n-0
3
Sep
-03
Dec-0
3
Mar-0
4
Ju
n-0
4
Sep
-04
Dec-0
4
Mar-0
5
Ju
n-0
5
Sep
-05
Dec-0
5
Mar-0
6
Ju
n-0
6
Sep
-06
Dec-0
6
Mar-0
7
Ju
n-0
7
Sep
-07
Dec-0
7
Mar-0
8
Ju
n-0
8
Sep
-08
Dec-0
8
Mar-0
9
Ju
n-0
9
9/1
2009
Dec-0
9
Mar-1
0
Ju
n-1
0
Sep
-10
Dec-1
0
Sales Price
Previous 12 Month Median
$150,000.00
$160,000.00
$170,000.00
$180,000.00
$190,000.00
$200,000.00
$210,000.00
$220,000.00
Mar-0
3
Ju
n-0
3
Sep
-03
Dec-0
3
Mar-0
4
Ju
n-0
4
Sep
-04
Dec-0
4
Mar-0
5
Ju
n-0
5
Sep
-05
Dec-0
5
Mar-0
6
Ju
n-0
6
Sep
-06
Dec-0
6
Mar-0
7
Ju
n-0
7
Sep
-07
Dec-0
7
Mar-0
8
Ju
n-0
8
Sep
-08
Dec-0
8
Mar-0
9
Ju
n-0
9
Sep
-09
Dec-0
9
Mar-1
0
Ju
n-1
0
Sep
-10
Dec-1
0
Number of Sales Per Month
0.0
200.0
400.0
600.0
800.0
1,000.0
1,200.0
1,400.0
Mar-0
3
Ju
n-0
3
Sep
-03
Dec-0
3
Mar-0
4
Ju
n-0
4
Sep
-04
Dec-0
4
Mar-0
5
Ju
n-0
5
Sep
-05
Dec-0
5
Mar-0
6
Ju
n-0
6
Sep
-06
Dec-0
6
Mar-0
7
Ju
n-0
7
Sep
-07
Dec-0
7
Mar-0
8
Ju
n-0
8
Sep
-08
Dec-0
8
Mar-0
9
Ju
n-0
9
Sep
-09
Dec-0
9
Mar-1
0
Ju
n-1
0
Sep
-10
Dec-1
0
Number of Sales
Previous 12 Month Average
0
200
400
600
800
1,000
1,200
Mar-0
3
Ju
n-0
3
Sep
-03
Dec-0
3
Mar-0
4
Ju
n-0
4
Sep
-04
Dec-0
4
Mar-0
5
Ju
n-0
5
Sep
-05
Dec-0
5
Mar-0
6
Ju
n-0
6
Sep
-06
Dec-0
6
Mar-0
7
Ju
n-0
7
Sep
-07
Dec-0
7
Mar-0
8
Ju
n-0
8
Sep
-08
Dec-0
8
Mar-0
9
Ju
n-0
9
Sep
-09
Dec-0
9
Mar-1
0
Ju
n-1
0
Sep
-10
Dec-1
0
Active Listings
0.0
1,000.0
2,000.0
3,000.0
4,000.0
5,000.0
6,000.0
7,000.0
8,000.0
Mar-0
3
Ju
n-0
3
Sep
-03
Dec-0
3
Mar-0
4
Ju
n-0
4
Sep
-04
Dec-0
4
Mar-0
5
Ju
n-0
5
Sep
-05
Dec-0
5
Mar-0
6
Ju
n-0
6
Sep
-06
Dec-0
6
Mar-0
7
Ju
n-0
7
Sep
-07
Dec-0
7
Mar-0
8
Ju
n-0
8
Sep
-08
Dec-0
8
Mar-0
9
Ju
n-0
9
Sep
-09
Dec-0
9
Mar-1
0
Ju
n-1
0
Sep
-10
Dec-1
0
Active Listings
Previous 12 Months Average
0.0
1,000.0
2,000.0
3,000.0
4,000.0
5,000.0
6,000.0
7,000.0
Mar-0
3
Ju
n-0
3
Sep
-03
Dec-0
3
Mar-0
4
Ju
n-0
4
Sep
-04
Dec-0
4
Mar-0
5
Ju
n-0
5
Sep
-05
Dec-0
5
Mar-0
6
Ju
n-0
6
Sep
-06
Dec-0
6
Mar-0
7
Ju
n-0
7
Sep
-07
Dec-0
7
Mar-0
8
Ju
n-0
8
Sep
-08
Dec-0
8
Mar-0
9
Ju
n-0
9
Sep
-09
Dec-0
9
Mar-1
0
Ju
n-1
0
Sep
-10
Dec-1
0
Sales as a % of Active Listing
Previous 12 Month Average
0.0%
5.0%
10.0%
15.0%
20.0%
25.0%
30.0%
Mar-0
3
Ju
n-0
3
Sep
-03
Dec-0
3
Mar-0
4
Ju
n-0
4
Sep
-04
Dec-0
4
Mar-0
5
Ju
n-0
5
Sep
-05
Dec-0
5
Mar-0
6
Ju
n-0
6
Sep
-06
Dec-0
6
Mar-0
7
Ju
n-0
7
Sep
-07
Dec-0
7
Mar-0
8
Ju
n-0
8
Sep
-08
Dec-0
8
Mar-0
9
Ju
n-0
9
Sep
-09
Dec-0
9
Mar-1
0
Ju
n-1
0
Sep
-10
Dec-1
0
Inventory in Number of Months
0.0
1.0
2.0
3.0
4.0
5.0
6.0
7.0
8.0
9.0
Nu
mb
er
of
Mo
nth
s
Mar 2
000
Mar 2
002
Mar 2
004
Mar 2
006
Apr 2
007
Jun 2
007
Aug 2
007
Oc 2
007
Dec 2
007
Feb 2
008
Apr 2
008
Jun-0
8
Aug-0
8
Oct-0
8
Dec-0
8
Feb-0
9
Apr-0
9
Jun-0
9
Aug-0
9
Oct-0
9
Dec-0
9
Feb-1
0
Apr-1
0
Jun-1
0
Aug-1
0
Oct-1
0
Dec-1
0
Feb-1
1
Months of Inventory
February 2011
0.0
1.0
2.0
3.0
4.0
5.0
6.0
7.0
8.0
9.0
Nu
nm
ber
of
Mo
nth
s
$140,000 - $159,999 $160,000 - $179,999 $180,000 - $199,999 $200,000 - $249,999 $250,000 - $299,999 $300,000 - $399,999
Foreclosures as a Percent of Sales
0.0%
10.0%
20.0%
30.0%
40.0%
50.0%
60.0%
70.0%
80.0%
90.0%
100.0%
2011 Y
TD
2010
2009
2008
2007
2006
2005
2004
2003
2002
2001
2000
1999
1998
1997
1996
1995
1994
1993
1992
1991
1990
1989
1988
1987
1986
1985
Freddie Mac 30 Fixed Rate Mortgage
4.0
6.0
8.0
10.0
12.0
14.0
16.0
18.0
20.0
Perc
en
tag
e R
ate
Jan - 1971 Jan – 2011
Percent of Sales by Price
Year to Date 2011
$249,000 or Less
73.6%
$250,000 and Greater
26.4%
Percent of Sales from
$140,000 - $399,999
Year to Date 2011
$160,000 - $179,999
16.4%
$140,000 - $159,999
17.6%
$180,000 - $199,999
12.2%$200,000 - $249,999
23.2%
$250,000 - $299,999
16.4%
$300,000 - $399,999
14.2%
2011 YTD vs. 2010 YTD
• Average Price 6.7%
• Median Price 2.8%
• Residential Units Sold 12.4%
• Inventory Levels 11.3%
• Number of Listings 1.9%
• Foreclosures 5.7%
• Interest Rates are at historic lows