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Local Market Update – April 2011

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

- 13.4% - 34.0% - 12.1%


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

April Year to Date


Single-Family Detached 2010 2011 +/– 2010 2011 +/–
New Listings 96 84 - 12.5% 319 289 - 9.4%
Pending Sales 66 61 - 7.6% 194 189 - 2.6%
Closed Sales 57 31 - 45.6% 138 120 - 13.0%
Median Sales Price* $695,000 $640,000 - 7.9% $695,000 $615,000 - 11.5%
Average Sales Price* $804,041 $717,855 - 10.7% $760,433 $668,009 - 12.2%
Percent of Original List Price Received* 95.8% 93.7% - 2.2% 95.0% 92.9% - 2.1%
Average Days on Market Until Sale 53 65 + 24.4% 50 70 + 39.9%
Inventory of Homes for Sale at Month End 151 126 - 16.6% -- -- --

April Year to Date


Townhouse-Condo Attached 2010 2011 +/– 2010 2011 +/–
New Listings 68 58 - 14.7% 230 213 - 7.4%
Pending Sales 46 57 + 23.9% 136 166 + 22.1%
Closed Sales 37 31 - 16.2% 114 119 + 4.4%
Median Sales Price* $265,000 $220,000 - 17.0% $270,000 $208,000 - 23.0%
Average Sales Price* $313 027
$313,027 $256 026
$256,026 - 18.2%
18 2% $315 489
$315,489 $255 046
$255,046 - 19.2%
19 2%
Percent of Original List Price Received* 92.3% 91.6% - 0.8% 94.0% 91.0% - 3.2%
Days on Market Until Sale 66 102 + 53.1% 60 91 + 51.2%
Inventory of Homes for Sale 138 128 - 7.2% -- -- --
* 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 a Walnut Creek 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.