Real Estate Production, Data, and Market Trends

Data Compiled 9/1/2009

Active Inventory: 31,009 a 3.9 month inventory supply overall.

REO inventory continues to decline @ 4410 total units (14%); Short Sales 7,569 (24%)

AWC/Pending: 16,756; Short Sales, 7,526 (45%); REO 5,249 (31%)

Sales last 30 days: 7,982; under $350,000 = 92%

Short Sales, 19%; REO's 50%; Institutional sales 69%; Private sales 31%

Market Inventory Supply Segmentation (Single Family Detached)

Price Range Active Avg. 6/1-8/31 Mos.

mo. sales Inventory

<$200,000 10,661 5,994 1.78

$200,001-350,000 5,227 1,075 4.86

$350,001-500,000 2,618 278 9.4

$500,001-750,000 1,939 141 13.75

$750,001-1,000,000 1,164 42 27.7

$1,000,001- 2 mil 1,409 42 33.5

$2,000,000+ 808 12 67.3

Closed Sales 1/1-8/31

2009 61,690 -62% over YTD 2008 sales!; 84% of 2005 sales

2008 38,170

2007 40,818

2006 52,598

2005 73,570

Short Sale and REO listings new to market

SS REO

April 2,877 3,893

May 2,876 3,680

June 3,272 4,740

July 3,316 4,502

August 2,951 3,119

REO (Foreclosure Notices of Sales are averaging 8,500 per month; 13,000+ in July)