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Housing Supply Overview

January 2011 Quick Facts


A RESEARCH TOOL PROVIDED BY
+ 32.1% + 8.8% + 7.2%
THE CONTRA COSTA ASSOCIATION OF REALTORS®
Price Range With the Construction Status With Property Type With
Strongest Sales: Strongest Sales: Strongest Sales:
$1,500,000 and Above Previously Owned Single-Family

Pending Sales 2
Days on Market Until Sale 3
Median Sales Price 4
Percent of Original List Price Received 5
Inventory of Homes for Sale 6
Months Supply of Inventory 7

Click on desired metric to jump to that page.

All data from the CCAR Multiple Listing Service. Powered by 10K Research and Marketing. | 1
Pending Sales
A count of the properties that have offers accepted on them in a given month. Based on a rolling 12-month average.

By Price Range By Construction Status By Property Type


1-2010 1-2011 1-2010 1-2011 1-2010 1-2011

6,476 4,445
2,101 5,954 4,148
1,911

1,505 1,521
1,334 1,333

2,040 2,158
932
839

494
431

168 222
234 127

+ 9.9% + 1.1% - 0.1% + 11.1% + 14.6% + 32.1% + 8.8% - 45.7% + 7.2% + 5.8%
$299,999 and $300,000 to $500,000 to $750,000 to $1,000,000 to $1,500,000 and Previously Owned New Construction Single-Family Townhouse-Condo
Below $499,999 $749,999 $999,999 $1,499,999 Above

All Properties Single-Family Townhouse-Condo


By Price Range 1-2010 1-2011 Change 1-2010 1-2011 Change 1-2010 1-2011 Change
$299,999 and Below 1,911 2,101 + 9.9% 732 766 + 4.6% 1,179 1,335 + 13.2%
$300,000 to $499,999 1,505 1,521 + 1.1% 904 948 + 4.9% 601 573 - 4.7%
$500,000 to $749,999 1,334 1,333 - 0.1% 1,093 1,095 + 0.2% 241 238 - 1.2%
$750,000 to $999,999 839 932 + 11.1% 822 920 + 11.9% 17 12 - 29.4%
$1,000,000 to $1,499,999 431 494 + 14.6% 429 494 + 15.2% 2 0 - 100.0%
$1,500,000 and Above 168 222 + 32.1% 168 222 + 32.1% 0 0 --
All Price Ranges 6,188 6,603 + 6.7% 4,148 4,445 + 7.2% 2,040 2,158 + 5.8%

By Construction Status 1-2010 1-2011 Change 1-2010 1-2011 Change 1-2010 1-2011 Change
Previously Owned 5,954 6,476 + 8.8% 3,970 4,341 + 9.3% 1,984 2,135 + 7.6%
New Construction 234 127 - 45.7% 178 104 - 41.6% 56 23 - 58.9%
All Construction Statuses 6,188 6,603 + 6.7% 4,148 4,445 + 7.2% 2,040 2,158 + 5.8%

All data comes from the CCAR Multiple Listing Service. Provided by Contra Costa Association of REALTORS®. Powered by 10K Research and Marketing. | Click for Cover Page | 2
Days on Market Until Sale
The average number of days between when a property is first listed and when an offer is accepted. Sold properties only. Based on a rolling 12-month average.

By Price Range By Construction Status By Property Type


1-2010 1-2011 1-2010 1-2011 1-2010 1-2011

131
109 69
96 64
103 58
56
87
71 74 65
60 63 55
58 59
52 51 50

- 4.9% - 18.1% - 14.2% - 29.8% - 14.5% - 21.7% - 14.7% + 13.5% - 13.8% - 15.9%
$299,999 and $300,000 to $500,000 to $750,000 to $1,000,000 to $1,500,000 and Previously Owned New Construction Single-Family Townhouse-Condo
Below $499,999 $749,999 $999,999 $1,499,999 Above

All Properties Single-Family Townhouse-Condo


By Price Range 1-2010 1-2011 Change 1-2010 1-2011 Change 1-2010 1-2011 Change
$299,999 and Below 60 58 - 4.9% 46 49 + 5.5% 70 62 - 10.6%
$300,000 to $499,999 63 52 - 18.1% 58 51 - 12.0% 71 53 - 25.7%
$500,000 to $749,999 59 51 - 14.2% 59 51 - 13.7% 59 49 - 16.3%
$750,000 to $999,999 71 50 - 29.8% 70 49 - 29.7% 120 95 - 21.0%
$1,000,000 to $1,499,999 87 74 - 14.5% 87 74 - 14.7% 35 0 - 100.0%
$1,500,000 and Above 131 103 - 21.7% 131 103 - 21.7% 0 0 --
All Price Ranges 66 56 - 14.5% 64 56 - 13.8% 69 58 - 15.9%

By Construction Status 1-2010 1-2011 Change 1-2010 1-2011 Change 1-2010 1-2011 Change
Previously Owned 65 55 - 14.7% 62 54 - 13.7% 70 58 - 16.5%
New Construction 96 109 + 13.5% 110 119 + 8.5% 53 61 + 15.4%
All Construction Statuses 66 56 - 14.5% 64 56 - 13.8% 69 58 - 15.9%

All data comes from the CCAR Multiple Listing Service. Provided by Contra Costa Association of REALTORS®. Powered by 10K Research and Marketing. | Click for Cover Page | 3
Median Sales Price
The median sales price for all closed sales in a given month. Sold properties only. Does not account for seller concessions. Based on a rolling 12-month average.

By Construction Status By Property Type


1-2010 1-2011 1-2010 1-2011

$849,900
$630,000
$585,000
$659,500
$469,000
$445,250

$438,500 $463,000

$250,000 $249,000

+ 5.6% + 28.9% + 5.3% + 7.7% - 0.4%


Previously Owned New Construction All Properties Single-Family Townhouse-Condo

All Properties Single-Family Townhouse-Condo


By Construction Status 1-2010 1-2011 Change 1-2010 1-2011 Change 1-2010 1-2011 Change

Previously Owned $438,500 $463,000 + 5.6% $575,000 $625,000 + 8.7% $245,000 $245,000 0.0%

New Construction $659,500 $849,900 + 28.9% $802,500 $992,500 + 23.7% $384,950 $399,000 + 3.6%

All Construction Statuses $445,250 $469,000 + 5.3% $585,000 $630,000 + 7.7% $250,000 $249,000 - 0.4%

All data comes from the CCAR Multiple Listing Service. Provided by Contra Costa Association of REALTORS®. Powered by 10K Research and Marketing. | Click for Cover Page | 4
Percent of Original List Price Received
The average percentage found when dividing a property's sales price by the original list price.
Sold properties only. Does not account for seller concessions. Based on a rolling 12-month average.

By Price Range By Construction Status By Property Type


1-2010 1-2011 1-2010 1-2011 1-2010 1-2011

95.3%
96.2%
95.4% 95.4% 95.6% 94.9%
94.9% 94.6%
94.1% 94.3%
92.9% 93.2% 93.9% 94.6%

90.4% 90.8% 94.1%

91.6%
93.5%
86.8%

- 0.8% - 0.0% + 1.7% + 2.9% + 3.1% + 4.5% + 0.7% + 2.6% + 0.8% + 0.7%
$299,999 and $300,000 to $500,000 to $750,000 to $1,000,000 to $1,500,000 and Previously Owned New Construction Single-Family Townhouse-Condo
Below $499,999 $749,999 $999,999 $1,499,999 Above

All Properties Single-Family Townhouse-Condo


By Price Range 1-2010 1-2011 Change 1-2010 1-2011 Change 1-2010 1-2011 Change
$299,999 and Below 94.9% 94.1% - 0.8% 98.5% 96.4% - 2.2% 92.6% 92.9% + 0.3%
$300,000 to $499,999 95.4% 95.4% - 0.0% 95.9% 95.3% - 0.7% 94.5% 95.5% + 1.1%
$500,000 to $749,999 94.6% 96.2% + 1.7% 94.4% 96.1% + 1.9% 95.7% 96.5% + 0.8%
$750,000 to $999,999 92.9% 95.6% + 2.9% 93.0% 95.6% + 2.8% 85.7% 96.5% + 12.6%
$1,000,000 to $1,499,999 90.4% 93.2% + 3.1% 90.4% 93.2% + 3.1% 89.6% 0.0% - 100.0%
$1,500,000 and Above 86.8% 90.8% + 4.5% 86.8% 90.8% + 4.5% 0.0% 0.0% --
All Price Ranges 94.2% 94.9% + 0.8% 94.6% 95.3% + 0.8% 93.5% 94.1% + 0.7%

By Construction Status 1-2010 1-2011 Change 1-2010 1-2011 Change 1-2010 1-2011 Change
Previously Owned 94.3% 94.9% + 0.7% 94.8% 95.4% + 0.6% 93.4% 94.1% + 0.7%
New Construction 91.6% 93.9% + 2.6% 90.2% 93.2% + 3.4% 96.2% 97.2% + 1.1%
All Construction Statuses 94.2% 94.9% + 0.8% 94.6% 95.3% + 0.8% 93.5% 94.1% + 0.7%

All data comes from the CCAR Multiple Listing Service. Provided by Contra Costa Association of REALTORS®. Powered by 10K Research and Marketing. | Click for Cover Page | 5
Inventory of Homes for Sale
The number of properties available for sale in active status at the end of the month. Based on one month of activity.

By Price Range By Construction Status By Property Type


1-2010 1-2011 1-2010 1-2011 1-2010 1-2011

751
1,133
1,812
961
1,433

481 735
456

553
350

271
244

166 154
134 139 136
100
81 56

+ 56.1% + 30.3% + 11.1% - 7.2% - 25.4% - 2.2% + 26.4% - 30.9% + 17.9% + 32.9%
$299,999 and $300,000 to $500,000 to $750,000 to $1,000,000 to $1,500,000 and Previously Owned New Construction Single-Family Townhouse-Condo
Below $499,999 $749,999 $999,999 $1,499,999 Above

All Properties Single-Family Townhouse-Condo


By Price Range 1-2010 1-2011 Change 1-2010 1-2011 Change 1-2010 1-2011 Change
$299,999 and Below 481 751 + 56.1% 142 233 + 64.1% 339 518 + 52.8%
$300,000 to $499,999 350 456 + 30.3% 199 302 + 51.8% 151 154 + 2.0%
$500,000 to $749,999 244 271 + 11.1% 187 213 + 13.9% 57 58 + 1.8%
$750,000 to $999,999 166 154 - 7.2% 160 151 - 5.6% 6 3 - 50.0%
$1,000,000 to $1,499,999 134 100 - 25.4% 134 98 - 26.9% 1 2 + 100.0%
$1,500,000 and Above 139 136 - 2.2% 139 136 - 2.2% 0 0 --
All Price Ranges 1,514 1,868 + 23.4% 961 1,133 + 17.9% 553 735 + 32.9%

By Construction Status 1-2010 1-2011 Change 1-2010 1-2011 Change 1-2010 1-2011 Change
Previously Owned 1,433 1,812 + 26.4% 899 1,085 + 20.7% 534 727 + 36.1%
New Construction 81 56 - 30.9% 62 48 - 22.6% 19 8 - 57.9%
All Construction Statuses 1,514 1,868 + 23.4% 961 1,133 + 17.9% 553 735 + 32.9%

All data comes from the CCAR Multiple Listing Service. Provided by Contra Costa Association of REALTORS®. Powered by 10K Research and Marketing. | Click for Cover Page | 6
Months Supply of Inventory
Compares the number of active listings available to the average monthly pending sales. Based on one month of activity.

By Price Range By Construction Status By Property Type


1-2010 1-2011 1-2010 1-2011 1-2010 1-2011

9.4 4.2

5.1
7.7 3.3
4.2 3.1
2.8
3.4

4.5 2.9
3.7 3.9
3.0 2.8
2.2 2.4 2.5 2.4
2.0

+ 52.4% + 33.0% + 8.9% - 19.7% - 38.4% - 18.7% + 18.6% + 20.6% + 12.2% + 27.6%
$299,999 and $300,000 to $500,000 to $750,000 to $1,000,000 to $1,500,000 and Previously Owned New Construction Single-Family Townhouse-Condo
Below $499,999 $749,999 $999,999 $1,499,999 Above

All Properties Single-Family Townhouse-Condo


By Price Range 1-2010 1-2011 Change 1-2010 1-2011 Change 1-2010 1-2011 Change
$299,999 and Below 3.0 4.5 + 52.4% 2.3 3.9 + 73.0% 3.4 4.9 + 42.3%
$300,000 to $499,999 2.8 3.7 + 33.0% 2.6 4.1 + 54.8% 3.1 3.2 + 4.3%
$500,000 to $749,999 2.2 2.4 + 8.9% 2.1 2.4 + 12.6% 3.0 2.9 - 4.1%
$750,000 to $999,999 2.5 2.0 - 19.7% 2.4 2.0 - 18.7% 4.0 1.8 - 53.8%
$1,000,000 to $1,499,999 3.9 2.4 - 38.4% 3.9 2.4 - 39.9% 1.0 0.0 - 100.0%
$1,500,000 and Above 9.4 7.7 - 18.7% 9.4 7.7 - 18.7% 0.0 0.0 --
All Price Ranges 3.0 3.5 + 17.8% 2.8 3.1 + 12.2% 3.3 4.2 + 27.6%

By Construction Status 1-2010 1-2011 Change 1-2010 1-2011 Change 1-2010 1-2011 Change
Previously Owned 2.9 3.4 + 18.6% 2.7 3.1 + 12.8% 3.3 4.2 + 28.6%
New Construction 4.2 5.1 + 20.6% 4.2 5.3 + 25.0% 3.7 4.0 + 7.2%
All Construction Statuses 3.0 3.5 + 17.8% 2.8 3.1 + 12.2% 3.3 4.2 + 27.6%

All data comes from the CCAR Multiple Listing Service. Provided by Contra Costa Association of REALTORS®. Powered by 10K Research and Marketing. | Click for Cover Page | 7

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