Local Market Update – March 2011

A RESEARCH TOOL PROVIDED BY THE CONTRA COSTA ASSOCIATION OF REALTORS®

- 4.0% - 13.7% - 10.9%

Walnut Creek Change in
New Listings
Change in
Closed Sales
Change in
Inventory of Homes
All Properties All Properties All Properties

March Year to Date

Single-Family Detached 2010 2011 +/– 2010 2011 +/–
New Listings 92 76 - 17.4% 223 205 - 8.1%
Pending Sales 55 55 0.0% 128 137 + 7.0%
Closed Sales 39 32 - 17.9% 81 87 + 7.4%
Median Sales Price* $685,000 $650,000 - 5.1% $697,500 $613,750 - 12.0%
Average Sales Price* $726,290 $705,013 - 2.9% $729,362 $655,832 - 10.1%
Percent of Original List Price Received* 95.6% 93.0% - 2.8% 94.4% 92.4% - 2.1%
Average Days on Market Until Sale 44 81 + 84.1% 49 73 + 50.9%
Inventory of Homes for Sale at Month End 143 119 - 16.8% -- -- --

March Year to Date

Townhouse-Condo Attached 2010 2011 +/– 2010 2011 +/–
New Listings 59 69 + 16.9% 162 153 - 5.6%
Pending Sales 35 51 + 45.7% 90 111 + 23.3%
Closed Sales 34 31 - 8.8% 77 86 + 11.7%
Median Sales Price* $261,750 $189,000 - 27.8% $275,000 $204,000 - 25.8%
Average Sales Price* $312 625
$312,625 $235 360
$235,360 - 24.7%
24 7% $316 672
$316,672 $253 019
$253,019 - 20.1%
20 1%
Percent of Original List Price Received* 96.4% 90.7% - 5.8% 94.8% 90.9% - 4.1%
Days on Market Until Sale 46 99 + 116.7% 57 85 + 49.8%
Inventory of Homes for Sale 133 127 - 4.5% -- -- --
* Does not account for seller concessions. | Activity for one month can sometimes look extreme due to small sample size.

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

Single-Family Detached Townhouse-Condo Attached
All MLS b All MLS b
Walnut Creek Walnut Creek a
a
+ 40% + 20%

+ 30%
+ 10%
+ 20%

+ 10% 0%

0%
- 10%
- 10%
- 20%
- 20%

- 30% - 30%

- 40%
- 40%
- 50%

- 60% - 50%
1-2008 1-2009 1-2010 1-2011 1-2008 1-2009 1-2010 1-2011

** 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. | All data from the CCAR Multiple Listing Service. | Powered by 10K Research and Marketing.