Local Market Update May 2012

A RESEARCH TOOL PROVIDED BY THE GREATER CAPITAL ASSOCIATION OF REALTORS

- 29.5%

0.0%
Change in Closed Sales

+ 7.9%
Change in Median Sales Price

Montgomery County
New Listings Closed Sales Median Sales Price* Percent of Original List Price Received* Days on Market Until Sale Inventory of Homes for Sale Months Supply of Inventory

Change in New Listings

May
2011
44 15 $95,000 81.3% 150 344 22.3

Year to Date
+/
- 29.5% 0.0% + 7.9% + 1.1% + 57.0% - 24.4% - 30.4%

2012
31 15 $102,500 82.2% 236 260 15.5

2011
202 65 $69,900 82.7% 162 ---

2012
175 58 $91,000 82.9% 208 ---

+/
- 13.4% - 10.8% + 30.2% + 0.2% + 28.4% ---

* Does not account for seller concessions. | Activity for one month can sometimes look extreme due to small sample size.

May
44 31 15

2011

2012

Year to Date
202 175

2011

2012

15

65

58

- 29.5% New Listings

0.0% Closed Sales

- 13.4% New Listings

- 10.8% Closed Sales

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

+ 30%

All MLS Montgomery County

b a

+ 20%

+ 10%

0%

- 10%

- 20%

- 30% 1-2008

7-2008

1-2009

7-2009

1-2010

7-2010

1-2011

7-2011

1-2012

** 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. | Current as of June 7 2012 All data from GCAR Multiple Listing Service | Powered by 10K Research and Marketing period 7, 2012. Service. Marketing.