douglas elliman 2012 4q

4
WESTCHESTER • Housing price indicators continued to show stability Median sales price slipped 0.6% to $395,000 from prior year levels, yet average sales price and average price per square foot posted gains; year-over- year, average sales price jumped 11.5% to $585,232 and average price per square foot increased 5.2% to $265. • More sales, less inventory There were 1,762 sales in the quarter, 26.3% more than in the same period last year. Listing inventory fell 13.2% over the same period to 4,759. • Days on market edged higher as listing discount slipped Despite the drop in listing inventory, the number of days to market a property expanded by a week from the prior year quarter to 201 as older supply was sold off. Listing discount slipped to 12% from 12.8% over the same period. The fourth quarter 2012 Westchester housing market was characterized by general price stability, sharply rising sales activity, declining inventory and a faster overall market pace heading into 2013. Median sales price saw a nominal 0.6% decline from prior year levels to $395,000. Average sales price increased 11.5% and average price per square foot rose 5.2% over the same period. The year-to-date results show nominal declines for all price indicators, including a 1.6% decline in median sales price. In the fourth quarter, the luxury market price indicators outpaced the overall market. Median sales price increased 21.6% from the prior year quarter to $2,150,000. There were 1,762 sales in the fourth quarter, 26.3% above prior year levels, as record low mortgage rates and regional economic improvement stimulated additional activity. Listing inventory fell 13.2% over the same period to 4,759, 14.9% below the 10-year 5,595 average. As a result, the monthly absorption rate, the number of months to sell all listings at the current pace of sales, fell from 11.8 months in the prior year quarter to 8.1. The listing discount, the percentage difference between the original list price and sales price, fell to 12% from 12.8% in the prior year quarter. Over the same period, days on market expanded by a week to 201 days, as older inventory was sold off and new inventory entering the market failed to keep pace with sales activity. Quarterly Survey of Residential Sales WESTCHESTER & PUTNAM 4Q-2012 The Douglas Elliman Report series is recognized as the industry standard for providing the state of the residential real estate market in the New York City metropolitan region. The report includes an extensive suite of tools to help readers objectively identify and measure market trends, provide historical context to current information and provide comprehensive analysis of the results. PREPARED BY MILLER SAMUEL INC. Appraisal and consulting services covering the New York City metropolitan area Quarterly Average Sales Price WESTCHESTER Number of Sales 0 500 1,000 1,500 2,000 2,500 3,000 $300,000 $400,000 $500,000 $600,000 $700,000 $800,000 $900,000 12 11 10 09 08 07 06 05 04 03 02 Westchester Market Matrix 4Q–2012 % Chg ( QTR) 3Q–2012 % Chg (YR) 4Q–2011 Average Sales Price $585,232 -8.0% $636,364 11.5% $524,722 Average Price Per Sq Ft $265 -3.3% $274 5.2% $252 Median Sales Price $395,000 -19.4% $490,000 -0.6% $397,500 Number of Sales (Closed) 1,762 -21.1% 2,233 26.3% 1,395 Days on Market (From Original List Date) 201 8.6% 185 3.6% 194 Listing Discount (From Original List Price) 12.0% 8.5% 12.8% Listing Inventory 4,759 -26.1% 6,437 -13.2% 5,480 Absorption Rate (mos) 8.1 -5.8% 8.6 -31.4% 11.8 Year-to-Date 4Q–2012 % Chg ( QTR) 3Q–2012 % Chg (YR) 4Q–2011 Average Sales Price (YTD) $607,647 N/A N/A -0.7% $611,629 Average Price Per Sq Ft (YTD) $269 N/A N/A -0.4% $270 Median Sales Price (YTD) $433,025 N/A N/A -1.6% $440,000 Number of Sales (YTD) 7,087 N/A N/A 16.9% 6,064

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Page 1: Douglas Elliman 2012 4Q

Westchester• Housing price indicators continued to

show stability Median sales price slipped 0.6% to $395,000 from prior year levels, yet average sales price and average price per square foot posted gains; year-over-year, average sales price jumped 11.5% to $585,232 and average price per square foot increased 5.2% to $265.

• More sales, less inventory There were 1,762 sales in the quarter, 26.3% more than in the same period last year. Listing inventory fell 13.2% over the same period to 4,759.

• Days on market edged higher as listing discount slipped Despite the drop in listing inventory, the number of days to market a property expanded by a week from the prior year quarter to 201 as older supply was sold off. Listing discount slipped to 12% from 12.8% over the same period.

The fourth quarter 2012 Westchester housing market was characterized by general price stability, sharply rising sales activity, declining inventory and a faster overall market pace heading into 2013.

Median sales price saw a nominal 0.6% decline from prior year levels to $395,000. Average sales price increased 11.5% and average price per square foot rose 5.2% over the same period. The year-to-date results show nominal declines for all price indicators, including a 1.6% decline in median sales price. In the fourth quarter, the

luxury market price indicators outpaced the overall market. Median sales price increased 21.6% from the prior year quarter to $2,150,000.

There were 1,762 sales in the fourth quarter, 26.3% above prior year levels, as record low mortgage rates and regional economic improvement stimulated additional activity. Listing inventory fell 13.2% over the same period to 4,759, 14.9% below the 10-year 5,595 average. As a result, the monthly absorption

rate, the number of months to sell all listings at the current pace of sales, fell from 11.8 months in the prior year quarter to 8.1.

The listing discount, the percentage difference between the original list price and sales price, fell to 12% from 12.8% in the prior year quarter. Over the same period, days on market expanded by a week to 201 days, as older inventory was sold off and new inventory entering the market failed to keep pace with sales activity.

Quarterly Survey of Residential SalesWestchester&Putnam 4Q-2012

The Douglas Elliman Report series is recognized as the industry standard for

providing the state of the residential real estate market in the New York City

metropolitan region. The report includes an extensive suite of tools to help

readers objectively identify and measure market trends, provide historical context

to current information and provide comprehensive analysis of the results.

PrePared by Miller SaMuel inc. Appraisal and consulting services covering the New York City metropolitan area

Quarterly Average Sales Price WESTCHESTER Number of Sales

0

500

1,000

1,500

2,000

2,500

3,000

$300,000

$400,000

$500,000

$600,000

$700,000

$800,000

$900,000

1211100908070605040302

Quarterly Average Sales Price PUTNAM Number of Sales

0

100

200

300

400

500

$200,000

$300,000

$400,000

$500,000

$600,000

$700,000

1211100908070605040302

Quarterly Average Sales Price PUTNAM Number of Sales

Westchester Single Family Listing Inventory

Listing inventory 10-year average: 3,4932,491 Listings

lowest 4th quarterlevel in 7 years.

2,491 Listingslowest 4th quarter

level in 7 years.

Westchester Single Family Listing Inventory

Listing inventory 10-year average: 3,493

Median Sales Price No. of Sales

03206409601,2801,600

$400,000

$500,000$600,000$700,000$800,000$900,000

4Q 123Q 122Q 121Q 124Q 11

Median Sales Price

050100150200250

$400,000$500,000$600,000$700,000$800,000$900,000

4Q 123Q 122Q 121Q 124Q 11

Median Sales Price No. of Sales

No. of Sales

Median Sales Price

04080120160200

$300,000$400,000$500,000$600,000$700,000$800,000

4Q 123Q 122Q 121Q 124Q 11

No. of Sales

04080120160200

$250,000$300,000$350,000$400,000$450,000$500,000

4Q 123Q 122Q 121Q 124Q 11

Median Sales Price No. of Sales

050100150200250

$350,000$390,000

$430,000$470,000$510,000$550,000

4Q 123Q 122Q 121Q 124Q 11

Median Sales Price No. of Sales

RIVER TOWNS

03060

90120150

$500,000$540,000$580,000$620,000$660,000$700,000

4Q 123Q 122Q 121Q 124Q 11

Median Sales Price No. of Sales

SOUND COMMUNITIES

060

120180240300

$750,000$850,000$950,000

$1,050,000$1,150,000$1,250,000

4Q 123Q 122Q 121Q 124Q 11

Median Sales Price No. of Sales

0

100200300400500

$400,000$500,000$600,000$700,000$800,000$900,000

4Q 123Q 122Q 121Q 124Q 11

293167169300400

Median Sales Price No. of Sales

0

100200300400500

$130,000$136,000

$142,000$148,000$154,000$160,000

4Q 123Q 122Q 121Q 124Q 11

Median Sales Price No. of Sales

0

30

60

90

120

150

$100,000

$200,000

$300,000

$400,000

$500,000

$600,000

4Q 123Q 122Q 121Q 124Q 11

Median Sales Price No. of Sales

0

32

64

96

128

160

$1,500,000

$1,700,000

$1,900,000

$2,100,000

$2,300,000

$2,500,000

4Q 123Q 122Q 121Q 124Q 11

Median Sales Price No. of Sales

0

60

120

180

240

300

$200,000

$250,000

$300,000

$350,000

$400,000

$450,000

4Q 123Q 122Q 121Q 124Q 11

NORTH CENTRAL

NORTHWEST

2-4 FAMILY

LUXURY

CO-OPS

CONDOS

SOUTH CENTRAL

0

100

200

300

400

500

$200,000

$300,000

$400,000

$500,000

$600,000

$700,000

1211100908070605040302

0

1,000

2,000

3,000

4,000

5,000

4Q12

3Q12

2Q12

1Q12

4Q11

3Q11

2Q11

1Q11

4Q10

3Q10

2Q10

1Q10

4Q09

3Q09

2Q09

1Q09

4Q08

3Q08

2Q08

1Q08

4Q07

0

1,000

2,000

3,000

4,000

5,000

4Q12

3Q12

2Q12

1Q12

4Q11

3Q11

2Q11

1Q11

4Q10

3Q10

2Q10

1Q10

4Q09

3Q09

2Q09

1Q09

4Q08

3Q08

2Q08

1Q08

4Q07

SOUTH

SINGLE FAMILY NORTHEAST

Westchester Market Matrix 4Q–2012 % Chg (qtr) 3Q–2012 % Chg (yr) 4Q–2011

Average Sales Price $585,232 -8.0% $636,364 11.5% $524,722

Average Price Per Sq Ft $265 -3.3% $274 5.2% $252

Median Sales Price $395,000 -19.4% $490,000 -0.6% $397,500

Number of Sales (Closed) 1,762 -21.1% 2,233 26.3% 1,395

Days on Market (From Original List Date) 201 8.6% 185 3.6% 194

Listing Discount (From Original List Price) 12.0% 8.5% 12.8%

Listing Inventory 4,759 -26.1% 6,437 -13.2% 5,480

Absorption Rate (mos) 8.1 -5.8% 8.6 -31.4% 11.8

Year-to-Date 4Q–2012 % Chg (qtr) 3Q–2012 % Chg (yr) 4Q–2011

Average Sales Price (YTD) $607,647 N/A N/A -0.7% $611,629

Average Price Per Sq Ft (YTD) $269 N/A N/A -0.4% $270

Median Sales Price (YTD) $433,025 N/A N/A -1.6% $440,000

Number of Sales (YTD) 7,087 N/A N/A 16.9% 6,064

Page 2: Douglas Elliman 2012 4Q

Quarterly Average Sales Price WESTCHESTER Number of Sales

0

500

1,000

1,500

2,000

2,500

3,000

$300,000

$400,000

$500,000

$600,000

$700,000

$800,000

$900,000

1211100908070605040302

Quarterly Average Sales Price PUTNAM Number of Sales

0

100

200

300

400

500

$200,000

$300,000

$400,000

$500,000

$600,000

$700,000

1211100908070605040302

Quarterly Average Sales Price PUTNAM Number of Sales

Westchester Single Family Listing Inventory

Listing inventory 10-year average: 3,4932,491 Listings

lowest 4th quarterlevel in 7 years.

2,491 Listingslowest 4th quarter

level in 7 years.

Westchester Single Family Listing Inventory

Listing inventory 10-year average: 3,493

Median Sales Price No. of Sales

03206409601,2801,600

$400,000

$500,000$600,000$700,000$800,000$900,000

4Q 123Q 122Q 121Q 124Q 11

Median Sales Price

050100150200250

$400,000$500,000$600,000$700,000$800,000$900,000

4Q 123Q 122Q 121Q 124Q 11

Median Sales Price No. of Sales

No. of Sales

Median Sales Price

04080120160200

$300,000$400,000$500,000$600,000$700,000$800,000

4Q 123Q 122Q 121Q 124Q 11

No. of Sales

04080120160200

$250,000$300,000$350,000$400,000$450,000$500,000

4Q 123Q 122Q 121Q 124Q 11

Median Sales Price No. of Sales

050100150200250

$350,000$390,000

$430,000$470,000$510,000$550,000

4Q 123Q 122Q 121Q 124Q 11

Median Sales Price No. of Sales

RIVER TOWNS

03060

90120150

$500,000$540,000$580,000$620,000$660,000$700,000

4Q 123Q 122Q 121Q 124Q 11

Median Sales Price No. of Sales

SOUND COMMUNITIES

060

120180240300

$750,000$850,000$950,000

$1,050,000$1,150,000$1,250,000

4Q 123Q 122Q 121Q 124Q 11

Median Sales Price No. of Sales

0

100200300400500

$400,000$500,000$600,000$700,000$800,000$900,000

4Q 123Q 122Q 121Q 124Q 11

293167169300400

Median Sales Price No. of Sales

0

100200300400500

$130,000$136,000

$142,000$148,000$154,000$160,000

4Q 123Q 122Q 121Q 124Q 11

Median Sales Price No. of Sales

0

30

60

90

120

150

$100,000

$200,000

$300,000

$400,000

$500,000

$600,000

4Q 123Q 122Q 121Q 124Q 11

Median Sales Price No. of Sales

0

32

64

96

128

160

$1,500,000

$1,700,000

$1,900,000

$2,100,000

$2,300,000

$2,500,000

4Q 123Q 122Q 121Q 124Q 11

Median Sales Price No. of Sales

0

60

120

180

240

300

$200,000

$250,000

$300,000

$350,000

$400,000

$450,000

4Q 123Q 122Q 121Q 124Q 11

NORTH CENTRAL

NORTHWEST

2-4 FAMILY

LUXURY

CO-OPS

CONDOS

SOUTH CENTRAL

0

100

200

300

400

500

$200,000

$300,000

$400,000

$500,000

$600,000

$700,000

1211100908070605040302

0

1,000

2,000

3,000

4,000

5,000

4Q12

3Q12

2Q12

1Q12

4Q11

3Q11

2Q11

1Q11

4Q10

3Q10

2Q10

1Q10

4Q09

3Q09

2Q09

1Q09

4Q08

3Q08

2Q08

1Q08

4Q07

0

1,000

2,000

3,000

4,000

5,000

4Q12

3Q12

2Q12

1Q12

4Q11

3Q11

2Q11

1Q11

4Q10

3Q10

2Q10

1Q10

4Q09

3Q09

2Q09

1Q09

4Q08

3Q08

2Q08

1Q08

4Q07

SOUTH

SINGLE FAMILY NORTHEAST

Quarterly Average Sales Price WESTCHESTER Number of Sales

0

500

1,000

1,500

2,000

2,500

3,000

$300,000

$400,000

$500,000

$600,000

$700,000

$800,000

$900,000

1211100908070605040302

Quarterly Average Sales Price PUTNAM Number of Sales

0

100

200

300

400

500

$200,000

$300,000

$400,000

$500,000

$600,000

$700,000

1211100908070605040302

Quarterly Average Sales Price PUTNAM Number of Sales

Westchester Single Family Listing Inventory

Listing inventory 10-year average: 3,4932,491 Listings

lowest 4th quarterlevel in 7 years.

2,491 Listingslowest 4th quarter

level in 7 years.

Westchester Single Family Listing Inventory

Listing inventory 10-year average: 3,493

Median Sales Price No. of Sales

03206409601,2801,600

$400,000

$500,000$600,000$700,000$800,000$900,000

4Q 123Q 122Q 121Q 124Q 11

Median Sales Price

050100150200250

$400,000$500,000$600,000$700,000$800,000$900,000

4Q 123Q 122Q 121Q 124Q 11

Median Sales Price No. of Sales

No. of Sales

Median Sales Price

04080120160200

$300,000$400,000$500,000$600,000$700,000$800,000

4Q 123Q 122Q 121Q 124Q 11

No. of Sales

04080120160200

$250,000$300,000$350,000$400,000$450,000$500,000

4Q 123Q 122Q 121Q 124Q 11

Median Sales Price No. of Sales

050100150200250

$350,000$390,000

$430,000$470,000$510,000$550,000

4Q 123Q 122Q 121Q 124Q 11

Median Sales Price No. of Sales

RIVER TOWNS

03060

90120150

$500,000$540,000$580,000$620,000$660,000$700,000

4Q 123Q 122Q 121Q 124Q 11

Median Sales Price No. of Sales

SOUND COMMUNITIES

060

120180240300

$750,000$850,000$950,000

$1,050,000$1,150,000$1,250,000

4Q 123Q 122Q 121Q 124Q 11

Median Sales Price No. of Sales

0

100200300400500

$400,000$500,000$600,000$700,000$800,000$900,000

4Q 123Q 122Q 121Q 124Q 11

293167169300400

Median Sales Price No. of Sales

0

100200300400500

$130,000$136,000

$142,000$148,000$154,000$160,000

4Q 123Q 122Q 121Q 124Q 11

Median Sales Price No. of Sales

0

30

60

90

120

150

$100,000

$200,000

$300,000

$400,000

$500,000

$600,000

4Q 123Q 122Q 121Q 124Q 11

Median Sales Price No. of Sales

0

32

64

96

128

160

$1,500,000

$1,700,000

$1,900,000

$2,100,000

$2,300,000

$2,500,000

4Q 123Q 122Q 121Q 124Q 11

Median Sales Price No. of Sales

0

60

120

180

240

300

$200,000

$250,000

$300,000

$350,000

$400,000

$450,000

4Q 123Q 122Q 121Q 124Q 11

NORTH CENTRAL

NORTHWEST

2-4 FAMILY

LUXURY

CO-OPS

CONDOS

SOUTH CENTRAL

0

100

200

300

400

500

$200,000

$300,000

$400,000

$500,000

$600,000

$700,000

1211100908070605040302

0

1,000

2,000

3,000

4,000

5,000

4Q12

3Q12

2Q12

1Q12

4Q11

3Q11

2Q11

1Q11

4Q10

3Q10

2Q10

1Q10

4Q09

3Q09

2Q09

1Q09

4Q08

3Q08

2Q08

1Q08

4Q07

0

1,000

2,000

3,000

4,000

5,000

4Q12

3Q12

2Q12

1Q12

4Q11

3Q11

2Q11

1Q11

4Q10

3Q10

2Q10

1Q10

4Q09

3Q09

2Q09

1Q09

4Q08

3Q08

2Q08

1Q08

4Q07

SOUTH

SINGLE FAMILY NORTHEAST

condos

Quarterly Average Sales Price WESTCHESTER Number of Sales

0

500

1,000

1,500

2,000

2,500

3,000

$300,000

$400,000

$500,000

$600,000

$700,000

$800,000

$900,000

1211100908070605040302

Quarterly Average Sales Price PUTNAM Number of Sales

0

100

200

300

400

500

$200,000

$300,000

$400,000

$500,000

$600,000

$700,000

1211100908070605040302

Quarterly Average Sales Price PUTNAM Number of Sales

Westchester Single Family Listing Inventory

Listing inventory 10-year average: 3,4932,491 Listings

lowest 4th quarterlevel in 7 years.

2,491 Listingslowest 4th quarter

level in 7 years.

Westchester Single Family Listing Inventory

Listing inventory 10-year average: 3,493

Median Sales Price No. of Sales

03206409601,2801,600

$400,000

$500,000$600,000$700,000$800,000$900,000

4Q 123Q 122Q 121Q 124Q 11

Median Sales Price

050100150200250

$400,000$500,000$600,000$700,000$800,000$900,000

4Q 123Q 122Q 121Q 124Q 11

Median Sales Price No. of Sales

No. of Sales

Median Sales Price

04080120160200

$300,000$400,000$500,000$600,000$700,000$800,000

4Q 123Q 122Q 121Q 124Q 11

No. of Sales

04080120160200

$250,000$300,000$350,000$400,000$450,000$500,000

4Q 123Q 122Q 121Q 124Q 11

Median Sales Price No. of Sales

050100150200250

$350,000$390,000

$430,000$470,000$510,000$550,000

4Q 123Q 122Q 121Q 124Q 11

Median Sales Price No. of Sales

RIVER TOWNS

03060

90120150

$500,000$540,000$580,000$620,000$660,000$700,000

4Q 123Q 122Q 121Q 124Q 11

Median Sales Price No. of Sales

SOUND COMMUNITIES

060

120180240300

$750,000$850,000$950,000

$1,050,000$1,150,000$1,250,000

4Q 123Q 122Q 121Q 124Q 11

Median Sales Price No. of Sales

0

100200300400500

$400,000$500,000$600,000$700,000$800,000$900,000

4Q 123Q 122Q 121Q 124Q 11

293167169300400

Median Sales Price No. of Sales

0

100200300400500

$130,000$136,000

$142,000$148,000$154,000$160,000

4Q 123Q 122Q 121Q 124Q 11

Median Sales Price No. of Sales

0

30

60

90

120

150

$100,000

$200,000

$300,000

$400,000

$500,000

$600,000

4Q 123Q 122Q 121Q 124Q 11

Median Sales Price No. of Sales

0

32

64

96

128

160

$1,500,000

$1,700,000

$1,900,000

$2,100,000

$2,300,000

$2,500,000

4Q 123Q 122Q 121Q 124Q 11

Median Sales Price No. of Sales

0

60

120

180

240

300

$200,000

$250,000

$300,000

$350,000

$400,000

$450,000

4Q 123Q 122Q 121Q 124Q 11

NORTH CENTRAL

NORTHWEST

2-4 FAMILY

LUXURY

CO-OPS

CONDOS

SOUTH CENTRAL

0

100

200

300

400

500

$200,000

$300,000

$400,000

$500,000

$600,000

$700,000

1211100908070605040302

0

1,000

2,000

3,000

4,000

5,000

4Q12

3Q12

2Q12

1Q12

4Q11

3Q11

2Q11

1Q11

4Q10

3Q10

2Q10

1Q10

4Q09

3Q09

2Q09

1Q09

4Q08

3Q08

2Q08

1Q08

4Q07

0

1,000

2,000

3,000

4,000

5,000

4Q12

3Q12

2Q12

1Q12

4Q11

3Q11

2Q11

1Q11

4Q10

3Q10

2Q10

1Q10

4Q09

3Q09

2Q09

1Q09

4Q08

3Q08

2Q08

1Q08

4Q07

SOUTH

SINGLE FAMILY NORTHEAST

single Family• Across-the-board increases in price

indicators Median sales price increased 3.8% from the same period last year to $545,000. Average sales price jumped 13.9% to $796,687 and average price per square foot rose 8.6% to $304 over the same period.

• Number of sales surged as inventory fell to 7-year low There were 1,042 sales in the fourth quarter, up 31.1% from the prior year quarter. Over the same period, listing inventory fell 13.6% to 2,491 and the absorption rate fell sharply from 10.9 months to 7.2.

Quarterly Average Sales Price WESTCHESTER Number of Sales

0

500

1,000

1,500

2,000

2,500

3,000

$300,000

$400,000

$500,000

$600,000

$700,000

$800,000

$900,000

1211100908070605040302

Quarterly Average Sales Price PUTNAM Number of Sales

0

100

200

300

400

500

$200,000

$300,000

$400,000

$500,000

$600,000

$700,000

1211100908070605040302

Quarterly Average Sales Price PUTNAM Number of Sales

Westchester Single Family Listing Inventory

Listing inventory 10-year average: 3,4932,491 Listings

lowest 4th quarterlevel in 7 years.

2,491 Listingslowest 4th quarter

level in 7 years.

Westchester Single Family Listing Inventory

Listing inventory 10-year average: 3,493

Median Sales Price No. of Sales

03206409601,2801,600

$400,000

$500,000$600,000$700,000$800,000$900,000

4Q 123Q 122Q 121Q 124Q 11

Median Sales Price

050100150200250

$400,000$500,000$600,000$700,000$800,000$900,000

4Q 123Q 122Q 121Q 124Q 11

Median Sales Price No. of Sales

No. of Sales

Median Sales Price

04080120160200

$300,000$400,000$500,000$600,000$700,000$800,000

4Q 123Q 122Q 121Q 124Q 11

No. of Sales

04080120160200

$250,000$300,000$350,000$400,000$450,000$500,000

4Q 123Q 122Q 121Q 124Q 11

Median Sales Price No. of Sales

050100150200250

$350,000$390,000

$430,000$470,000$510,000$550,000

4Q 123Q 122Q 121Q 124Q 11

Median Sales Price No. of Sales

RIVER TOWNS

03060

90120150

$500,000$540,000$580,000$620,000$660,000$700,000

4Q 123Q 122Q 121Q 124Q 11

Median Sales Price No. of Sales

SOUND COMMUNITIES

060

120180240300

$750,000$850,000$950,000

$1,050,000$1,150,000$1,250,000

4Q 123Q 122Q 121Q 124Q 11

Median Sales Price No. of Sales

0

100200300400500

$400,000$500,000$600,000$700,000$800,000$900,000

4Q 123Q 122Q 121Q 124Q 11

293167169300400

Median Sales Price No. of Sales

0

100200300400500

$130,000$136,000

$142,000$148,000$154,000$160,000

4Q 123Q 122Q 121Q 124Q 11

Median Sales Price No. of Sales

0

30

60

90

120

150

$100,000

$200,000

$300,000

$400,000

$500,000

$600,000

4Q 123Q 122Q 121Q 124Q 11

Median Sales Price No. of Sales

0

32

64

96

128

160

$1,500,000

$1,700,000

$1,900,000

$2,100,000

$2,300,000

$2,500,000

4Q 123Q 122Q 121Q 124Q 11

Median Sales Price No. of Sales

0

60

120

180

240

300

$200,000

$250,000

$300,000

$350,000

$400,000

$450,000

4Q 123Q 122Q 121Q 124Q 11

NORTH CENTRAL

NORTHWEST

2-4 FAMILY

LUXURY

CO-OPS

CONDOS

SOUTH CENTRAL

0

100

200

300

400

500

$200,000

$300,000

$400,000

$500,000

$600,000

$700,000

1211100908070605040302

0

1,000

2,000

3,000

4,000

5,000

4Q12

3Q12

2Q12

1Q12

4Q11

3Q11

2Q11

1Q11

4Q10

3Q10

2Q10

1Q10

4Q09

3Q09

2Q09

1Q09

4Q08

3Q08

2Q08

1Q08

4Q07

0

1,000

2,000

3,000

4,000

5,000

4Q12

3Q12

2Q12

1Q12

4Q11

3Q11

2Q11

1Q11

4Q10

3Q10

2Q10

1Q10

4Q09

3Q09

2Q09

1Q09

4Q08

3Q08

2Q08

1Q08

4Q07

SOUTH

SINGLE FAMILY NORTHEAST

co-oPs• Price indicators edged lower Median

sales price slipped 1.4% to $145,000 from the prior year quarter. Average price per square foot fell 3.8%, while average sales price increased 0.9% over the same period.

• Number of sales jumped as inventory declined There were 343 sales in the quarter, 15.9% more than in the prior year quarter. Listing inventory, which fell 6.8% over the same period, contributed to the quickened market pace of an 11.7-month absorption rate, compared to 14.5 months a year ago.

The Elliman Report • Quarterly Survey of Westchester & Putnam Residential Sales4Q-2012

Single Family Market Matrix 4Q–2012 % Chg (qtr) 3Q–2012 % Chg (yr) 4Q–2011Average Sales Price $796,687 -0.6% $801,230 13.9% $699,388

Average Price per Sq Ft $304 -0.3% $305 8.6% $280

Median Sales Price $545,000 -13.5% $630,000 3.8% $525,000

Number of Sales (Closed) 1,042 -32.0% 1,533 31.1% 795

Days on Market (From Original List Date) 196 11.4% 176 5.4% 186

Listing Discount (From Original List Price) 13.4% 7.9% 12.3%

Listing Inventory (Active) 2,491 -31.2% 3,623 -13.6% 2,882

Absorption Rate (Monthly, Active) 7.2 1.4% 7.1 -33.9% 10.9

2-4 Family Market Matrix 4Q–2012 % Chg (qtr) 3Q–2012 % Chg (yr) 4Q–2011Average Sales Price $382,054 15.1% $331,923 5.9% $360,773

Average Price per Sq Ft $151 8.6% $139 4.1% $145

Median Sales Price $359,125 15.8% $310,000 4.2% $344,500

Number of Sales (Closed) 84 9.1% 77 -15.2% 99

Days on Market (From Original List Date) 242 3.4% 234 21.0% 200

Listing Discount (From Original List Price) 13.9% 14.2% 12.3%

Listing Inventory (Active) 395 -23.2% 514 -13.0% 454

Absorption Rate (Monthly, Active) 14.1 -29.5% 20.0 2.2% 13.8

Co-op Market Matrix 4Q–2012 % Chg (qtr) 3Q–2012 % Chg (yr) 4Q–2011Average Sales Price $172,456 -5.7% $182,940 0.9% $170,882

Average Price per Sq Ft $178 -5.3% $188 -3.8% $185

Median Sales Price $145,000 -6.5% $155,000 -1.4% $147,000

Number of Sales (Closed) 343 -0.6% 345 15.9% 296

Days on Market (From Original List Date) 225 3.7% 217 0.9% 223

Listing Discount (From Original List Price) 11.1% 11.0% 13.1%

Listing Inventory (Active) 1,333 -18.6% 1,638 -6.8% 1,431

Absorption Rate (Monthly, Active) 11.7 -17.6% 14.2 -19.3% 14.5

Condo Market Matrix 4Q–2012 % Chg (qtr) 3Q–2012 % Chg (yr) 4Q–2011Average Sales Price $374,695 0.1% $374,257 -14.3% $437,445

Average Price per Sq Ft $261 6.5% $245 -10.3% $291

Median Sales Price $320,000 -8.5% $349,750 -5.9% $340,000

Number of Sales (Closed) 293 5.4% 278 42.9% 205

Days on Market (From Original List Date) 181 1.1% 179 -1.1% 183

Listing Discount (From Original List Price) 7.5% 7.2% 14.8%

Listing Inventory (Active) 540 -18.4% 662 -24.3% 713

Absorption Rate (Monthly, Active) 5.5 -22.5% 7.1 -47.1% 10.4

Single Fam. Mix Sales Share Med. Sales Price

1 bedroom 0.2% $258,750

2 bedroom 6.7% $309,000

3 bedroom 39.6% $449,750

4 bedroom 34.2% $620,500

5+ bedroom 19.3% $1,250,000

Co-op Mix Sales Share Med. Sales Price

Studio 4.4% $66,133

1 bedroom 46.8% $123,940

2 bedroom 40.6% $202,579

3+ bedroom 8.2% $311,479

Visit our website to browse listings and learn more about market trends

Page 3: Douglas Elliman 2012 4Q

Quarterly Average Sales Price WESTCHESTER Number of Sales

0

500

1,000

1,500

2,000

2,500

3,000

$300,000

$400,000

$500,000

$600,000

$700,000

$800,000

$900,000

1211100908070605040302

Quarterly Average Sales Price PUTNAM Number of Sales

0

100

200

300

400

500

$200,000

$300,000

$400,000

$500,000

$600,000

$700,000

1211100908070605040302

Quarterly Average Sales Price PUTNAM Number of Sales

Westchester Single Family Listing Inventory

Listing inventory 10-year average: 3,4932,491 Listings

lowest 4th quarterlevel in 7 years.

2,491 Listingslowest 4th quarter

level in 7 years.

Westchester Single Family Listing Inventory

Listing inventory 10-year average: 3,493

Median Sales Price No. of Sales

03206409601,2801,600

$400,000

$500,000$600,000$700,000$800,000$900,000

4Q 123Q 122Q 121Q 124Q 11

Median Sales Price

050100150200250

$400,000$500,000$600,000$700,000$800,000$900,000

4Q 123Q 122Q 121Q 124Q 11

Median Sales Price No. of Sales

No. of Sales

Median Sales Price

04080120160200

$300,000$400,000$500,000$600,000$700,000$800,000

4Q 123Q 122Q 121Q 124Q 11

No. of Sales

04080120160200

$250,000$300,000$350,000$400,000$450,000$500,000

4Q 123Q 122Q 121Q 124Q 11

Median Sales Price No. of Sales

050100150200250

$350,000$390,000

$430,000$470,000$510,000$550,000

4Q 123Q 122Q 121Q 124Q 11

Median Sales Price No. of Sales

RIVER TOWNS

03060

90120150

$500,000$540,000$580,000$620,000$660,000$700,000

4Q 123Q 122Q 121Q 124Q 11

Median Sales Price No. of Sales

SOUND COMMUNITIES

060

120180240300

$750,000$850,000$950,000

$1,050,000$1,150,000$1,250,000

4Q 123Q 122Q 121Q 124Q 11

Median Sales Price No. of Sales

0

100200300400500

$400,000$500,000$600,000$700,000$800,000$900,000

4Q 123Q 122Q 121Q 124Q 11

293167169300400

Median Sales Price No. of Sales

0

100200300400500

$130,000$136,000

$142,000$148,000$154,000$160,000

4Q 123Q 122Q 121Q 124Q 11

Median Sales Price No. of Sales

0

30

60

90

120

150

$100,000

$200,000

$300,000

$400,000

$500,000

$600,000

4Q 123Q 122Q 121Q 124Q 11

Median Sales Price No. of Sales

0

32

64

96

128

160

$1,500,000

$1,700,000

$1,900,000

$2,100,000

$2,300,000

$2,500,000

4Q 123Q 122Q 121Q 124Q 11

Median Sales Price No. of Sales

0

60

120

180

240

300

$200,000

$250,000

$300,000

$350,000

$400,000

$450,000

4Q 123Q 122Q 121Q 124Q 11

NORTH CENTRAL

NORTHWEST

2-4 FAMILY

LUXURY

CO-OPS

CONDOS

SOUTH CENTRAL

0

100

200

300

400

500

$200,000

$300,000

$400,000

$500,000

$600,000

$700,000

1211100908070605040302

0

1,000

2,000

3,000

4,000

5,000

4Q12

3Q12

2Q12

1Q12

4Q11

3Q11

2Q11

1Q11

4Q10

3Q10

2Q10

1Q10

4Q09

3Q09

2Q09

1Q09

4Q08

3Q08

2Q08

1Q08

4Q07

0

1,000

2,000

3,000

4,000

5,000

4Q12

3Q12

2Q12

1Q12

4Q11

3Q11

2Q11

1Q11

4Q10

3Q10

2Q10

1Q10

4Q09

3Q09

2Q09

1Q09

4Q08

3Q08

2Q08

1Q08

4Q07

SOUTH

SINGLE FAMILY NORTHEAST

Quarterly Average Sales Price WESTCHESTER Number of Sales

0

500

1,000

1,500

2,000

2,500

3,000

$300,000

$400,000

$500,000

$600,000

$700,000

$800,000

$900,000

1211100908070605040302

Quarterly Average Sales Price PUTNAM Number of Sales

0

100

200

300

400

500

$200,000

$300,000

$400,000

$500,000

$600,000

$700,000

1211100908070605040302

Quarterly Average Sales Price PUTNAM Number of Sales

Westchester Single Family Listing Inventory

Listing inventory 10-year average: 3,4932,491 Listings

lowest 4th quarterlevel in 7 years.

2,491 Listingslowest 4th quarter

level in 7 years.

Westchester Single Family Listing Inventory

Listing inventory 10-year average: 3,493

Median Sales Price No. of Sales

03206409601,2801,600

$400,000

$500,000$600,000$700,000$800,000$900,000

4Q 123Q 122Q 121Q 124Q 11

Median Sales Price

050100150200250

$400,000$500,000$600,000$700,000$800,000$900,000

4Q 123Q 122Q 121Q 124Q 11

Median Sales Price No. of Sales

No. of Sales

Median Sales Price

04080120160200

$300,000$400,000$500,000$600,000$700,000$800,000

4Q 123Q 122Q 121Q 124Q 11

No. of Sales

04080120160200

$250,000$300,000$350,000$400,000$450,000$500,000

4Q 123Q 122Q 121Q 124Q 11

Median Sales Price No. of Sales

050100150200250

$350,000$390,000

$430,000$470,000$510,000$550,000

4Q 123Q 122Q 121Q 124Q 11

Median Sales Price No. of Sales

RIVER TOWNS

03060

90120150

$500,000$540,000$580,000$620,000$660,000$700,000

4Q 123Q 122Q 121Q 124Q 11

Median Sales Price No. of Sales

SOUND COMMUNITIES

060

120180240300

$750,000$850,000$950,000

$1,050,000$1,150,000$1,250,000

4Q 123Q 122Q 121Q 124Q 11

Median Sales Price No. of Sales

0

100200300400500

$400,000$500,000$600,000$700,000$800,000$900,000

4Q 123Q 122Q 121Q 124Q 11

293167169300400

Median Sales Price No. of Sales

0

100200300400500

$130,000$136,000

$142,000$148,000$154,000$160,000

4Q 123Q 122Q 121Q 124Q 11

Median Sales Price No. of Sales

0

30

60

90

120

150

$100,000

$200,000

$300,000

$400,000

$500,000

$600,000

4Q 123Q 122Q 121Q 124Q 11

Median Sales Price No. of Sales

0

32

64

96

128

160

$1,500,000

$1,700,000

$1,900,000

$2,100,000

$2,300,000

$2,500,000

4Q 123Q 122Q 121Q 124Q 11

Median Sales Price No. of Sales

0

60

120

180

240

300

$200,000

$250,000

$300,000

$350,000

$400,000

$450,000

4Q 123Q 122Q 121Q 124Q 11

NORTH CENTRAL

NORTHWEST

2-4 FAMILY

LUXURY

CO-OPS

CONDOS

SOUTH CENTRAL

0

100

200

300

400

500

$200,000

$300,000

$400,000

$500,000

$600,000

$700,000

1211100908070605040302

0

1,000

2,000

3,000

4,000

5,000

4Q12

3Q12

2Q12

1Q12

4Q11

3Q11

2Q11

1Q11

4Q10

3Q10

2Q10

1Q10

4Q09

3Q09

2Q09

1Q09

4Q08

3Q08

2Q08

1Q08

4Q07

0

1,000

2,000

3,000

4,000

5,000

4Q12

3Q12

2Q12

1Q12

4Q11

3Q11

2Q11

1Q11

4Q10

3Q10

2Q10

1Q10

4Q09

3Q09

2Q09

1Q09

4Q08

3Q08

2Q08

1Q08

4Q07

SOUTH

SINGLE FAMILY NORTHEAST

Quarterly Average Sales Price WESTCHESTER Number of Sales

0

500

1,000

1,500

2,000

2,500

3,000

$300,000

$400,000

$500,000

$600,000

$700,000

$800,000

$900,000

1211100908070605040302

Quarterly Average Sales Price PUTNAM Number of Sales

0

100

200

300

400

500

$200,000

$300,000

$400,000

$500,000

$600,000

$700,000

1211100908070605040302

Quarterly Average Sales Price PUTNAM Number of Sales

Westchester Single Family Listing Inventory

Listing inventory 10-year average: 3,4932,491 Listings

lowest 4th quarterlevel in 7 years.

2,491 Listingslowest 4th quarter

level in 7 years.

Westchester Single Family Listing Inventory

Listing inventory 10-year average: 3,493

Median Sales Price No. of Sales

03206409601,2801,600

$400,000

$500,000$600,000$700,000$800,000$900,000

4Q 123Q 122Q 121Q 124Q 11

Median Sales Price

050100150200250

$400,000$500,000$600,000$700,000$800,000$900,000

4Q 123Q 122Q 121Q 124Q 11

Median Sales Price No. of Sales

No. of Sales

Median Sales Price

04080120160200

$300,000$400,000$500,000$600,000$700,000$800,000

4Q 123Q 122Q 121Q 124Q 11

No. of Sales

04080120160200

$250,000$300,000$350,000$400,000$450,000$500,000

4Q 123Q 122Q 121Q 124Q 11

Median Sales Price No. of Sales

050100150200250

$350,000$390,000

$430,000$470,000$510,000$550,000

4Q 123Q 122Q 121Q 124Q 11

Median Sales Price No. of Sales

RIVER TOWNS

03060

90120150

$500,000$540,000$580,000$620,000$660,000$700,000

4Q 123Q 122Q 121Q 124Q 11

Median Sales Price No. of Sales

SOUND COMMUNITIES

060

120180240300

$750,000$850,000$950,000

$1,050,000$1,150,000$1,250,000

4Q 123Q 122Q 121Q 124Q 11

Median Sales Price No. of Sales

0

100200300400500

$400,000$500,000$600,000$700,000$800,000$900,000

4Q 123Q 122Q 121Q 124Q 11

293167169300400

Median Sales Price No. of Sales

0

100200300400500

$130,000$136,000

$142,000$148,000$154,000$160,000

4Q 123Q 122Q 121Q 124Q 11

Median Sales Price No. of Sales

0

30

60

90

120

150

$100,000

$200,000

$300,000

$400,000

$500,000

$600,000

4Q 123Q 122Q 121Q 124Q 11

Median Sales Price No. of Sales

0

32

64

96

128

160

$1,500,000

$1,700,000

$1,900,000

$2,100,000

$2,300,000

$2,500,000

4Q 123Q 122Q 121Q 124Q 11

Median Sales Price No. of Sales

0

60

120

180

240

300

$200,000

$250,000

$300,000

$350,000

$400,000

$450,000

4Q 123Q 122Q 121Q 124Q 11

NORTH CENTRAL

NORTHWEST

2-4 FAMILY

LUXURY

CO-OPS

CONDOS

SOUTH CENTRAL

0

100

200

300

400

500

$200,000

$300,000

$400,000

$500,000

$600,000

$700,000

1211100908070605040302

0

1,000

2,000

3,000

4,000

5,000

4Q12

3Q12

2Q12

1Q12

4Q11

3Q11

2Q11

1Q11

4Q10

3Q10

2Q10

1Q10

4Q09

3Q09

2Q09

1Q09

4Q08

3Q08

2Q08

1Q08

4Q07

0

1,000

2,000

3,000

4,000

5,000

4Q12

3Q12

2Q12

1Q12

4Q11

3Q11

2Q11

1Q11

4Q10

3Q10

2Q10

1Q10

4Q09

3Q09

2Q09

1Q09

4Q08

3Q08

2Q08

1Q08

4Q07

SOUTH

SINGLE FAMILY NORTHEAST

Quarterly Average Sales Price WESTCHESTER Number of Sales

0

500

1,000

1,500

2,000

2,500

3,000

$300,000

$400,000

$500,000

$600,000

$700,000

$800,000

$900,000

1211100908070605040302

Quarterly Average Sales Price PUTNAM Number of Sales

0

100

200

300

400

500

$200,000

$300,000

$400,000

$500,000

$600,000

$700,000

1211100908070605040302

Quarterly Average Sales Price PUTNAM Number of Sales

Westchester Single Family Listing Inventory

Listing inventory 10-year average: 3,4932,491 Listings

lowest 4th quarterlevel in 7 years.

2,491 Listingslowest 4th quarter

level in 7 years.

Westchester Single Family Listing Inventory

Listing inventory 10-year average: 3,493

Median Sales Price No. of Sales

03206409601,2801,600

$400,000

$500,000$600,000$700,000$800,000$900,000

4Q 123Q 122Q 121Q 124Q 11

Median Sales Price

050100150200250

$400,000$500,000$600,000$700,000$800,000$900,000

4Q 123Q 122Q 121Q 124Q 11

Median Sales Price No. of Sales

No. of Sales

Median Sales Price

04080120160200

$300,000$400,000$500,000$600,000$700,000$800,000

4Q 123Q 122Q 121Q 124Q 11

No. of Sales

04080120160200

$250,000$300,000$350,000$400,000$450,000$500,000

4Q 123Q 122Q 121Q 124Q 11

Median Sales Price No. of Sales

050100150200250

$350,000$390,000

$430,000$470,000$510,000$550,000

4Q 123Q 122Q 121Q 124Q 11

Median Sales Price No. of Sales

RIVER TOWNS

03060

90120150

$500,000$540,000$580,000$620,000$660,000$700,000

4Q 123Q 122Q 121Q 124Q 11

Median Sales Price No. of Sales

SOUND COMMUNITIES

060

120180240300

$750,000$850,000$950,000

$1,050,000$1,150,000$1,250,000

4Q 123Q 122Q 121Q 124Q 11

Median Sales Price No. of Sales

0

100200300400500

$400,000$500,000$600,000$700,000$800,000$900,000

4Q 123Q 122Q 121Q 124Q 11

293167169300400

Median Sales Price No. of Sales

0

100200300400500

$130,000$136,000

$142,000$148,000$154,000$160,000

4Q 123Q 122Q 121Q 124Q 11

Median Sales Price No. of Sales

0

30

60

90

120

150

$100,000

$200,000

$300,000

$400,000

$500,000

$600,000

4Q 123Q 122Q 121Q 124Q 11

Median Sales Price No. of Sales

0

32

64

96

128

160

$1,500,000

$1,700,000

$1,900,000

$2,100,000

$2,300,000

$2,500,000

4Q 123Q 122Q 121Q 124Q 11

Median Sales Price No. of Sales

0

60

120

180

240

300

$200,000

$250,000

$300,000

$350,000

$400,000

$450,000

4Q 123Q 122Q 121Q 124Q 11

NORTH CENTRAL

NORTHWEST

2-4 FAMILY

LUXURY

CO-OPS

CONDOS

SOUTH CENTRAL

0

100

200

300

400

500

$200,000

$300,000

$400,000

$500,000

$600,000

$700,000

1211100908070605040302

0

1,000

2,000

3,000

4,000

5,000

4Q12

3Q12

2Q12

1Q12

4Q11

3Q11

2Q11

1Q11

4Q10

3Q10

2Q10

1Q10

4Q09

3Q09

2Q09

1Q09

4Q08

3Q08

2Q08

1Q08

4Q07

0

1,000

2,000

3,000

4,000

5,000

4Q12

3Q12

2Q12

1Q12

4Q11

3Q11

2Q11

1Q11

4Q10

3Q10

2Q10

1Q10

4Q09

3Q09

2Q09

1Q09

4Q08

3Q08

2Q08

1Q08

4Q07

SOUTH

SINGLE FAMILY NORTHEAST

Quarterly Average Sales Price WESTCHESTER Number of Sales

0

500

1,000

1,500

2,000

2,500

3,000

$300,000

$400,000

$500,000

$600,000

$700,000

$800,000

$900,000

1211100908070605040302

Quarterly Average Sales Price PUTNAM Number of Sales

0

100

200

300

400

500

$200,000

$300,000

$400,000

$500,000

$600,000

$700,000

1211100908070605040302

Quarterly Average Sales Price PUTNAM Number of Sales

Westchester Single Family Listing Inventory

Listing inventory 10-year average: 3,4932,491 Listings

lowest 4th quarterlevel in 7 years.

2,491 Listingslowest 4th quarter

level in 7 years.

Westchester Single Family Listing Inventory

Listing inventory 10-year average: 3,493

Median Sales Price No. of Sales

03206409601,2801,600

$400,000

$500,000$600,000$700,000$800,000$900,000

4Q 123Q 122Q 121Q 124Q 11

Median Sales Price

050100150200250

$400,000$500,000$600,000$700,000$800,000$900,000

4Q 123Q 122Q 121Q 124Q 11

Median Sales Price No. of Sales

No. of Sales

Median Sales Price

04080120160200

$300,000$400,000$500,000$600,000$700,000$800,000

4Q 123Q 122Q 121Q 124Q 11

No. of Sales

04080120160200

$250,000$300,000$350,000$400,000$450,000$500,000

4Q 123Q 122Q 121Q 124Q 11

Median Sales Price No. of Sales

050100150200250

$350,000$390,000

$430,000$470,000$510,000$550,000

4Q 123Q 122Q 121Q 124Q 11

Median Sales Price No. of Sales

RIVER TOWNS

03060

90120150

$500,000$540,000$580,000$620,000$660,000$700,000

4Q 123Q 122Q 121Q 124Q 11

Median Sales Price No. of Sales

SOUND COMMUNITIES

060

120180240300

$750,000$850,000$950,000

$1,050,000$1,150,000$1,250,000

4Q 123Q 122Q 121Q 124Q 11

Median Sales Price No. of Sales

0

100200300400500

$400,000$500,000$600,000$700,000$800,000$900,000

4Q 123Q 122Q 121Q 124Q 11

293167169300400

Median Sales Price No. of Sales

0

100200300400500

$130,000$136,000

$142,000$148,000$154,000$160,000

4Q 123Q 122Q 121Q 124Q 11

Median Sales Price No. of Sales

0

30

60

90

120

150

$100,000

$200,000

$300,000

$400,000

$500,000

$600,000

4Q 123Q 122Q 121Q 124Q 11

Median Sales Price No. of Sales

0

32

64

96

128

160

$1,500,000

$1,700,000

$1,900,000

$2,100,000

$2,300,000

$2,500,000

4Q 123Q 122Q 121Q 124Q 11

Median Sales Price No. of Sales

0

60

120

180

240

300

$200,000

$250,000

$300,000

$350,000

$400,000

$450,000

4Q 123Q 122Q 121Q 124Q 11

NORTH CENTRAL

NORTHWEST

2-4 FAMILY

LUXURY

CO-OPS

CONDOS

SOUTH CENTRAL

0

100

200

300

400

500

$200,000

$300,000

$400,000

$500,000

$600,000

$700,000

1211100908070605040302

0

1,000

2,000

3,000

4,000

5,000

4Q12

3Q12

2Q12

1Q12

4Q11

3Q11

2Q11

1Q11

4Q10

3Q10

2Q10

1Q10

4Q09

3Q09

2Q09

1Q09

4Q08

3Q08

2Q08

1Q08

4Q07

0

1,000

2,000

3,000

4,000

5,000

4Q12

3Q12

2Q12

1Q12

4Q11

3Q11

2Q11

1Q11

4Q10

3Q10

2Q10

1Q10

4Q09

3Q09

2Q09

1Q09

4Q08

3Q08

2Q08

1Q08

4Q07

SOUTH

SINGLE FAMILY NORTHEAST

Quarterly Average Sales Price WESTCHESTER Number of Sales

0

500

1,000

1,500

2,000

2,500

3,000

$300,000

$400,000

$500,000

$600,000

$700,000

$800,000

$900,000

1211100908070605040302

Quarterly Average Sales Price PUTNAM Number of Sales

0

100

200

300

400

500

$200,000

$300,000

$400,000

$500,000

$600,000

$700,000

1211100908070605040302

Quarterly Average Sales Price PUTNAM Number of Sales

Westchester Single Family Listing Inventory

Listing inventory 10-year average: 3,4932,491 Listings

lowest 4th quarterlevel in 7 years.

2,491 Listingslowest 4th quarter

level in 7 years.

Westchester Single Family Listing Inventory

Listing inventory 10-year average: 3,493

Median Sales Price No. of Sales

03206409601,2801,600

$400,000

$500,000$600,000$700,000$800,000$900,000

4Q 123Q 122Q 121Q 124Q 11

Median Sales Price

050100150200250

$400,000$500,000$600,000$700,000$800,000$900,000

4Q 123Q 122Q 121Q 124Q 11

Median Sales Price No. of Sales

No. of Sales

Median Sales Price

04080120160200

$300,000$400,000$500,000$600,000$700,000$800,000

4Q 123Q 122Q 121Q 124Q 11

No. of Sales

04080120160200

$250,000$300,000$350,000$400,000$450,000$500,000

4Q 123Q 122Q 121Q 124Q 11

Median Sales Price No. of Sales

050100150200250

$350,000$390,000

$430,000$470,000$510,000$550,000

4Q 123Q 122Q 121Q 124Q 11

Median Sales Price No. of Sales

RIVER TOWNS

03060

90120150

$500,000$540,000$580,000$620,000$660,000$700,000

4Q 123Q 122Q 121Q 124Q 11

Median Sales Price No. of Sales

SOUND COMMUNITIES

060

120180240300

$750,000$850,000$950,000

$1,050,000$1,150,000$1,250,000

4Q 123Q 122Q 121Q 124Q 11

Median Sales Price No. of Sales

0

100200300400500

$400,000$500,000$600,000$700,000$800,000$900,000

4Q 123Q 122Q 121Q 124Q 11

293167169300400

Median Sales Price No. of Sales

0

100200300400500

$130,000$136,000

$142,000$148,000$154,000$160,000

4Q 123Q 122Q 121Q 124Q 11

Median Sales Price No. of Sales

0

30

60

90

120

150

$100,000

$200,000

$300,000

$400,000

$500,000

$600,000

4Q 123Q 122Q 121Q 124Q 11

Median Sales Price No. of Sales

0

32

64

96

128

160

$1,500,000

$1,700,000

$1,900,000

$2,100,000

$2,300,000

$2,500,000

4Q 123Q 122Q 121Q 124Q 11

Median Sales Price No. of Sales

0

60

120

180

240

300

$200,000

$250,000

$300,000

$350,000

$400,000

$450,000

4Q 123Q 122Q 121Q 124Q 11

NORTH CENTRAL

NORTHWEST

2-4 FAMILY

LUXURY

CO-OPS

CONDOS

SOUTH CENTRAL

0

100

200

300

400

500

$200,000

$300,000

$400,000

$500,000

$600,000

$700,000

1211100908070605040302

0

1,000

2,000

3,000

4,000

5,000

4Q12

3Q12

2Q12

1Q12

4Q11

3Q11

2Q11

1Q11

4Q10

3Q10

2Q10

1Q10

4Q09

3Q09

2Q09

1Q09

4Q08

3Q08

2Q08

1Q08

4Q07

0

1,000

2,000

3,000

4,000

5,000

4Q12

3Q12

2Q12

1Q12

4Q11

3Q11

2Q11

1Q11

4Q10

3Q10

2Q10

1Q10

4Q09

3Q09

2Q09

1Q09

4Q08

3Q08

2Q08

1Q08

4Q07

SOUTH

SINGLE FAMILY NORTHEAST

Quarterly Average Sales Price WESTCHESTER Number of Sales

0

500

1,000

1,500

2,000

2,500

3,000

$300,000

$400,000

$500,000

$600,000

$700,000

$800,000

$900,000

1211100908070605040302

Quarterly Average Sales Price PUTNAM Number of Sales

0

100

200

300

400

500

$200,000

$300,000

$400,000

$500,000

$600,000

$700,000

1211100908070605040302

Quarterly Average Sales Price PUTNAM Number of Sales

Westchester Single Family Listing Inventory

Listing inventory 10-year average: 3,4932,491 Listings

lowest 4th quarterlevel in 7 years.

2,491 Listingslowest 4th quarter

level in 7 years.

Westchester Single Family Listing Inventory

Listing inventory 10-year average: 3,493

Median Sales Price No. of Sales

03206409601,2801,600

$400,000

$500,000$600,000$700,000$800,000$900,000

4Q 123Q 122Q 121Q 124Q 11

Median Sales Price

050100150200250

$400,000$500,000$600,000$700,000$800,000$900,000

4Q 123Q 122Q 121Q 124Q 11

Median Sales Price No. of Sales

No. of Sales

Median Sales Price

04080120160200

$300,000$400,000$500,000$600,000$700,000$800,000

4Q 123Q 122Q 121Q 124Q 11

No. of Sales

04080120160200

$250,000$300,000$350,000$400,000$450,000$500,000

4Q 123Q 122Q 121Q 124Q 11

Median Sales Price No. of Sales

050100150200250

$350,000$390,000

$430,000$470,000$510,000$550,000

4Q 123Q 122Q 121Q 124Q 11

Median Sales Price No. of Sales

RIVER TOWNS

03060

90120150

$500,000$540,000$580,000$620,000$660,000$700,000

4Q 123Q 122Q 121Q 124Q 11

Median Sales Price No. of Sales

SOUND COMMUNITIES

060

120180240300

$750,000$850,000$950,000

$1,050,000$1,150,000$1,250,000

4Q 123Q 122Q 121Q 124Q 11

Median Sales Price No. of Sales

0

100200300400500

$400,000$500,000$600,000$700,000$800,000$900,000

4Q 123Q 122Q 121Q 124Q 11

293167169300400

Median Sales Price No. of Sales

0

100200300400500

$130,000$136,000

$142,000$148,000$154,000$160,000

4Q 123Q 122Q 121Q 124Q 11

Median Sales Price No. of Sales

0

30

60

90

120

150

$100,000

$200,000

$300,000

$400,000

$500,000

$600,000

4Q 123Q 122Q 121Q 124Q 11

Median Sales Price No. of Sales

0

32

64

96

128

160

$1,500,000

$1,700,000

$1,900,000

$2,100,000

$2,300,000

$2,500,000

4Q 123Q 122Q 121Q 124Q 11

Median Sales Price No. of Sales

0

60

120

180

240

300

$200,000

$250,000

$300,000

$350,000

$400,000

$450,000

4Q 123Q 122Q 121Q 124Q 11

NORTH CENTRAL

NORTHWEST

2-4 FAMILY

LUXURY

CO-OPS

CONDOS

SOUTH CENTRAL

0

100

200

300

400

500

$200,000

$300,000

$400,000

$500,000

$600,000

$700,000

1211100908070605040302

0

1,000

2,000

3,000

4,000

5,000

4Q12

3Q12

2Q12

1Q12

4Q11

3Q11

2Q11

1Q11

4Q10

3Q10

2Q10

1Q10

4Q09

3Q09

2Q09

1Q09

4Q08

3Q08

2Q08

1Q08

4Q07

0

1,000

2,000

3,000

4,000

5,000

4Q12

3Q12

2Q12

1Q12

4Q11

3Q11

2Q11

1Q11

4Q10

3Q10

2Q10

1Q10

4Q09

3Q09

2Q09

1Q09

4Q08

3Q08

2Q08

1Q08

4Q07

SOUTH

SINGLE FAMILY NORTHEASTWestchester County Market by location

The Elliman Report • Quarterly Survey of Westchester & Putnam Residential Sales 4Q-2012

Northeast Market Matrix 4Q–2012 % Chg (qtr) 3Q–2012 % Chg (yr) 4Q–2011Average Sales Price $1,165,945 28.6% $906,436 32.3% $881,607

Average Price per Sq Ft $317 10.8% $286 21.5% $261

Median Sales Price $765,000 3.4% $740,000 2.3% $747,500

Number of Sales (Closed) 143 -36.4% 225 33.6% 107

Days on Market (From Original List Date) 198 8.2% 183 -9.2% 218

Listing Discount (From Original List Price) 20.0% 10.3% 15.9%

Northwest Market Matrix 4Q–2012 % Chg (qtr) 3Q–2012 % Chg (yr) 4Q–2011Average Sales Price $398,074 -2.4% $407,892 8.2% $367,792

Average Price per Sq Ft $189 0.0% $189 2.2% $185

Median Sales Price $330,000 -12.6% $377,500 -2.2% $337,500

Number of Sales (Closed) 181 -5.2% 191 19.9% 151

Days on Market (From Original List Date) 195 8.9% 179 4.8% 186

Listing Discount (From Original List Price) 9.7% 6.2% 11.1%

South Central Market Matrix 4Q–2012 % Chg (qtr) 3Q–2012 % Chg (yr) 4Q–2011Average Sales Price $891,427 -7.3% $961,700 13.8% $783,421

Average Price per Sq Ft $340 -3.4% $352 4.3% $326

Median Sales Price $640,000 -12.6% $732,500 10.3% $580,000

Number of Sales (Closed) 231 -42.3% 400 38.3% 167

Days on Market (From Original List Date) 201 16.9% 172 13.6% 177

Listing Discount (From Original List Price) 9.8% 6.8% 10.2%

North Central Market Matrix 4Q–2012 % Chg (qtr) 3Q–2012 % Chg (yr) 4Q–2011Average Sales Price $583,039 -8.2% $635,368 -12.1% $663,380

Average Price per Sq Ft $233 -3.3% $241 -6.0% $248

Median Sales Price $522,250 -5.1% $550,500 -6.5% $558,500

Number of Sales (Closed) 96 -31.4% 140 20.0% 80

Days on Market (From Original List Date) 183 -2.7% 188 5.8% 173

Listing Discount (From Original List Price) 8.4% 8.8% 10.9%

Sound Communities Market Matrix 4Q–2012 % Chg (qtr) 3Q–2012 % Chg (yr) 4Q–2011Average Sales Price $1,366,441 25.7% $1,087,137 15.2% $1,186,283

Average Price per Sq Ft $434 9.0% $398 11.9% $388

Median Sales Price $905,000 2.0% $887,000 3.4% $875,000

Number of Sales (Closed) 157 -37.5% 251 52.4% 103

Days on Market (From Original List Date) 194 19.8% 162 3.7% 187

Listing Discount (From Original List Price) 15.6% 7.5% 14.3%

River Towns Market Matrix 4Q–2012 % Chg (qtr) 3Q–2012 % Chg (yr) 4Q–2011Average Sales Price $632,668 -20.1% $792,114 -2.7% $650,033

Average Price per Sq Ft $288 -8.9% $316 -8.3% $314

Median Sales Price $597,500 -8.6% $654,000 2.1% $585,000

Number of Sales (Closed) 68 -43.8% 121 23.6% 55

Days on Market (From Original List Date) 171 -10.5% 191 -3.9% 178

Listing Discount (From Original List Price) 7.5% 7.3% 7.6%

South Market Matrix 4Q–2012 % Chg (qtr) 3Q–2012 % Chg (yr) 4Q–2011Average Sales Price $433,264 -14.7% $507,712 -11.1% $487,153

Average Price per Sq Ft $217 -5.7% $230 -6.9% $233

Median Sales Price $380,000 -9.5% $420,000 -11.1% $427,500

Number of Sales (Closed) 166 -19.0% 205 25.8% 132

Days on Market (From Original List Date) 208 18.2% 176 13.7% 183

Listing Discount (From Original List Price) 10.3% 9.0% 12.0%

Visit our website to browse listings and learn more about market trends

Page 4: Douglas Elliman 2012 4Q

©2013 Douglas Elliman and Miller Samuel Inc. All worldwide rights reserved.

For more information or electronic copies of this report please visit elliman.com/marketreports.

Email report author Jonathan J. Miller at [email protected] with questions or comments.

Douglas Elliman Real Estate575 Madison Avenue, New York, NY 10022

212.891.7000 / elliman.com

Miller Samuel Real Estate Appraisers 21 West 38th Street, New York, NY 10018

212.768.8100 / millersamuel.com

Housing price trends in Putnam were generally higher in the second half of the year than the first half, largely due to the strength in the entry-level market in early 2012. Although the fourth quarter sales total was lower than it had been in the same period last year, the annual total of 695

was 10.7% above the yearly total for 2011, with a larger portion of sales occurring in the latter part of 2012. Listing inventory fell to its lowest level in 7 years; this drop, combined with a generally elevated level of sales, resulted in a 12.1-month absorption rate, the lowest rate in 7 years.

• Price indicators mixed Median sales

price slipped 2.9% from the prior year

quarter to $293,250. Average sales

price increased 4.7% to $335,226 over

the same period, while average price

per square foot was up nominally.

• Number of sales slipped as inventory trended lower There

were 184 sales in the fourth quarter,

2.1% fewer than in the prior year

quarter. Listing inventory fell over the

same period to 227, netting a faster

12.1-month pace of absorption.

• Days on market expanded as listing discount contracted Listing discount

fell to 11.7% from 13.7% in the prior

year quarter. The average number of

days to sell a property grew from 204

to 227 over the same period.

• Lowest inventory in seven years There were 2,491 single family listings at the end of 2012, the lowest level since the fourth quarter of 2004 during the housing boom.

• Rate of new inventory fell sharply New inventory entering the market as a percentage of total inventory fell rapidly throughout 2012; in chronological order, the quarterly statistics for the year were 59%, 52.2%, 41.1% and 31.2%.

Putnam

in-Focus

Report Methodology: http://www.millersamuel.com/research-reports/methodology

Armonk 404 Main Street Armonk, NY 10504 914 273 .1001Bedford 438 Old Post Road Bedford, NY 10506 914 234.4590

Chappaqua 101 King Street Chappaqua, NY 10514 914 238.3988Katonah 83 Katonah Avenue Katonah, NY 10536 914 232.3700

Pleasantville 343 Manville Road Pleasantville, NY 10570 914 769.3333Somers 3 Heritage 202 Center Somers, NY 10589 914 277.3648

WeStCheSteR Office Locations

Quarterly Average Sales Price WESTCHESTER Number of Sales

0

500

1,000

1,500

2,000

2,500

3,000

$300,000

$400,000

$500,000

$600,000

$700,000

$800,000

$900,000

1211100908070605040302

Quarterly Average Sales Price PUTNAM Number of Sales

0

100

200

300

400

500

$200,000

$300,000

$400,000

$500,000

$600,000

$700,000

1211100908070605040302

Quarterly Average Sales Price PUTNAM Number of Sales

Westchester Single Family Listing Inventory

Listing inventory 10-year average: 3,4932,491 Listings

lowest 4th quarterlevel in 7 years.

2,491 Listingslowest 4th quarter

level in 7 years.

Westchester Single Family Listing Inventory

Listing inventory 10-year average: 3,493

Median Sales Price No. of Sales

03206409601,2801,600

$400,000

$500,000$600,000$700,000$800,000$900,000

4Q 123Q 122Q 121Q 124Q 11

Median Sales Price

050100150200250

$400,000$500,000$600,000$700,000$800,000$900,000

4Q 123Q 122Q 121Q 124Q 11

Median Sales Price No. of Sales

No. of Sales

Median Sales Price

04080120160200

$300,000$400,000$500,000$600,000$700,000$800,000

4Q 123Q 122Q 121Q 124Q 11

No. of Sales

04080120160200

$250,000$300,000$350,000$400,000$450,000$500,000

4Q 123Q 122Q 121Q 124Q 11

Median Sales Price No. of Sales

050100150200250

$350,000$390,000

$430,000$470,000$510,000$550,000

4Q 123Q 122Q 121Q 124Q 11

Median Sales Price No. of Sales

RIVER TOWNS

03060

90120150

$500,000$540,000$580,000$620,000$660,000$700,000

4Q 123Q 122Q 121Q 124Q 11

Median Sales Price No. of Sales

SOUND COMMUNITIES

060

120180240300

$750,000$850,000$950,000

$1,050,000$1,150,000$1,250,000

4Q 123Q 122Q 121Q 124Q 11

Median Sales Price No. of Sales

0

100200300400500

$400,000$500,000$600,000$700,000$800,000$900,000

4Q 123Q 122Q 121Q 124Q 11

293167169300400

Median Sales Price No. of Sales

0

100200300400500

$130,000$136,000

$142,000$148,000$154,000$160,000

4Q 123Q 122Q 121Q 124Q 11

Median Sales Price No. of Sales

0

30

60

90

120

150

$100,000

$200,000

$300,000

$400,000

$500,000

$600,000

4Q 123Q 122Q 121Q 124Q 11

Median Sales Price No. of Sales

0

32

64

96

128

160

$1,500,000

$1,700,000

$1,900,000

$2,100,000

$2,300,000

$2,500,000

4Q 123Q 122Q 121Q 124Q 11

Median Sales Price No. of Sales

0

60

120

180

240

300

$200,000

$250,000

$300,000

$350,000

$400,000

$450,000

4Q 123Q 122Q 121Q 124Q 11

NORTH CENTRAL

NORTHWEST

2-4 FAMILY

LUXURY

CO-OPS

CONDOS

SOUTH CENTRAL

0

100

200

300

400

500

$200,000

$300,000

$400,000

$500,000

$600,000

$700,000

1211100908070605040302

0

1,000

2,000

3,000

4,000

5,000

4Q12

3Q12

2Q12

1Q12

4Q11

3Q11

2Q11

1Q11

4Q10

3Q10

2Q10

1Q10

4Q09

3Q09

2Q09

1Q09

4Q08

3Q08

2Q08

1Q08

4Q07

0

1,000

2,000

3,000

4,000

5,000

4Q12

3Q12

2Q12

1Q12

4Q11

3Q11

2Q11

1Q11

4Q10

3Q10

2Q10

1Q10

4Q09

3Q09

2Q09

1Q09

4Q08

3Q08

2Q08

1Q08

4Q07

SOUTH

SINGLE FAMILY NORTHEAST

luxury

Note: This sub-category is the analysis of the top ten percent of all sales. The data is also contained within the other markets presented.

The Elliman Report • Quarterly Survey of Westchester & Putnam Residential Sales4Q-2012

Luxury Market Matrix 4Q–2012 % Chg (qtr) 3Q–2012 % Chg (yr) 4Q–2011Average Sales Price $2,830,131 29.6% $2,184,308 30.1% $2,176,026

Average Price per Sq Ft $505 10.7% $456 18.0% $428

Median Sales Price $2,150,000 10.3% $1,950,000 21.6% $1,768,750

Number of Sales (Closed) 104 -32.0% 153 30.0% 80

Days on Market (From Original List Date) 238 20.2% 198 14.4% 208

Listing Discount (From Original List Price) 16.5% 8.5% 14.7%

Listing Inventory (Active) 459 -29.4% 650 -20.3% 576

Absorption Rate (Monthly, Active) 2.7 -78.7% 12.7 -87.5% 22

Putnam Market Matrix 4Q–2012 % Chg (qtr) 3Q–2012 % Chg (yr) 4Q–2011Average Sales Price $335,226 -7.1% $360,727 4.7% $320,063

Average Price per Sq Ft $165 -7.3% $178 0.6% $164

Median Sales Price $293,250 0.1% $293,026 -2.9% $301,950

Number of Sales (Closed) 184 -11.1% 207 -2.1% 188

Days on Market (From Original List Date) 227 18.8% 191 11.3% 204

Listing Discount (From Original List Price) 11.7% 10.5% 13.7%

Listing Inventory (Active) 745 -19.5% 925 -9.5% 823

Absorption Rate (Monthly, Active) 12.1 -9.7% 13.4 -7.6% 13.1

Quarterly Average Sales Price WESTCHESTER Number of Sales

0

500

1,000

1,500

2,000

2,500

3,000

$300,000

$400,000

$500,000

$600,000

$700,000

$800,000

$900,000

1211100908070605040302

Quarterly Average Sales Price PUTNAM Number of Sales

0

100

200

300

400

500

$200,000

$300,000

$400,000

$500,000

$600,000

$700,000

1211100908070605040302

Quarterly Average Sales Price PUTNAM Number of Sales

Westchester Single Family Listing Inventory

Listing inventory 10-year average: 3,4932,491 Listings

lowest 4th quarterlevel in 7 years.

2,491 Listingslowest 4th quarter

level in 7 years.

Westchester Single Family Listing Inventory

Listing inventory 10-year average: 3,493

Median Sales Price No. of Sales

03206409601,2801,600

$400,000

$500,000$600,000$700,000$800,000$900,000

4Q 123Q 122Q 121Q 124Q 11

Median Sales Price

050100150200250

$400,000$500,000$600,000$700,000$800,000$900,000

4Q 123Q 122Q 121Q 124Q 11

Median Sales Price No. of Sales

No. of Sales

Median Sales Price

04080120160200

$300,000$400,000$500,000$600,000$700,000$800,000

4Q 123Q 122Q 121Q 124Q 11

No. of Sales

04080120160200

$250,000$300,000$350,000$400,000$450,000$500,000

4Q 123Q 122Q 121Q 124Q 11

Median Sales Price No. of Sales

050100150200250

$350,000$390,000

$430,000$470,000$510,000$550,000

4Q 123Q 122Q 121Q 124Q 11

Median Sales Price No. of Sales

RIVER TOWNS

03060

90120150

$500,000$540,000$580,000$620,000$660,000$700,000

4Q 123Q 122Q 121Q 124Q 11

Median Sales Price No. of Sales

SOUND COMMUNITIES

060

120180240300

$750,000$850,000$950,000

$1,050,000$1,150,000$1,250,000

4Q 123Q 122Q 121Q 124Q 11

Median Sales Price No. of Sales

0

100200300400500

$400,000$500,000$600,000$700,000$800,000$900,000

4Q 123Q 122Q 121Q 124Q 11

293167169300400

Median Sales Price No. of Sales

0

100200300400500

$130,000$136,000

$142,000$148,000$154,000$160,000

4Q 123Q 122Q 121Q 124Q 11

Median Sales Price No. of Sales

0

30

60

90

120

150

$100,000

$200,000

$300,000

$400,000

$500,000

$600,000

4Q 123Q 122Q 121Q 124Q 11

Median Sales Price No. of Sales

0

32

64

96

128

160

$1,500,000

$1,700,000

$1,900,000

$2,100,000

$2,300,000

$2,500,000

4Q 123Q 122Q 121Q 124Q 11

Median Sales Price No. of Sales

0

60

120

180

240

300

$200,000

$250,000

$300,000

$350,000

$400,000

$450,000

4Q 123Q 122Q 121Q 124Q 11

NORTH CENTRAL

NORTHWEST

2-4 FAMILY

LUXURY

CO-OPS

CONDOS

SOUTH CENTRAL

0

100

200

300

400

500

$200,000

$300,000

$400,000

$500,000

$600,000

$700,000

1211100908070605040302

0

1,000

2,000

3,000

4,000

5,000

4Q12

3Q12

2Q12

1Q12

4Q11

3Q11

2Q11

1Q11

4Q10

3Q10

2Q10

1Q10

4Q09

3Q09

2Q09

1Q09

4Q08

3Q08

2Q08

1Q08

4Q07

0

1,000

2,000

3,000

4,000

5,000

4Q12

3Q12

2Q12

1Q12

4Q11

3Q11

2Q11

1Q11

4Q10

3Q10

2Q10

1Q10

4Q09

3Q09

2Q09

1Q09

4Q08

3Q08

2Q08

1Q08

4Q07

SOUTH

SINGLE FAMILY NORTHEAST

Quarterly Average Sales Price WESTCHESTER Number of Sales

0

500

1,000

1,500

2,000

2,500

3,000

$300,000

$400,000

$500,000

$600,000

$700,000

$800,000

$900,000

1211100908070605040302

Quarterly Average Sales Price PUTNAM Number of Sales

0

100

200

300

400

500

$200,000

$300,000

$400,000

$500,000

$600,000

$700,000

1211100908070605040302

Quarterly Average Sales Price PUTNAM Number of Sales

Westchester Single Family Listing Inventory

Listing inventory 10-year average: 3,4932,491 Listings

lowest 4th quarterlevel in 7 years.

2,491 Listingslowest 4th quarter

level in 7 years.

Westchester Single Family Listing Inventory

Listing inventory 10-year average: 3,493

Median Sales Price No. of Sales

03206409601,2801,600

$400,000

$500,000$600,000$700,000$800,000$900,000

4Q 123Q 122Q 121Q 124Q 11

Median Sales Price

050100150200250

$400,000$500,000$600,000$700,000$800,000$900,000

4Q 123Q 122Q 121Q 124Q 11

Median Sales Price No. of Sales

No. of Sales

Median Sales Price

04080120160200

$300,000$400,000$500,000$600,000$700,000$800,000

4Q 123Q 122Q 121Q 124Q 11

No. of Sales

04080120160200

$250,000$300,000$350,000$400,000$450,000$500,000

4Q 123Q 122Q 121Q 124Q 11

Median Sales Price No. of Sales

050100150200250

$350,000$390,000

$430,000$470,000$510,000$550,000

4Q 123Q 122Q 121Q 124Q 11

Median Sales Price No. of Sales

RIVER TOWNS

03060

90120150

$500,000$540,000$580,000$620,000$660,000$700,000

4Q 123Q 122Q 121Q 124Q 11

Median Sales Price No. of Sales

SOUND COMMUNITIES

060

120180240300

$750,000$850,000$950,000

$1,050,000$1,150,000$1,250,000

4Q 123Q 122Q 121Q 124Q 11

Median Sales Price No. of Sales

0

100200300400500

$400,000$500,000$600,000$700,000$800,000$900,000

4Q 123Q 122Q 121Q 124Q 11

293167169300400

Median Sales Price No. of Sales

0

100200300400500

$130,000$136,000

$142,000$148,000$154,000$160,000

4Q 123Q 122Q 121Q 124Q 11

Median Sales Price No. of Sales

0

30

60

90

120

150

$100,000

$200,000

$300,000

$400,000

$500,000

$600,000

4Q 123Q 122Q 121Q 124Q 11

Median Sales Price No. of Sales

0

32

64

96

128

160

$1,500,000

$1,700,000

$1,900,000

$2,100,000

$2,300,000

$2,500,000

4Q 123Q 122Q 121Q 124Q 11

Median Sales Price No. of Sales

0

60

120

180

240

300

$200,000

$250,000

$300,000

$350,000

$400,000

$450,000

4Q 123Q 122Q 121Q 124Q 11

NORTH CENTRAL

NORTHWEST

2-4 FAMILY

LUXURY

CO-OPS

CONDOS

SOUTH CENTRAL

0

100

200

300

400

500

$200,000

$300,000

$400,000

$500,000

$600,000

$700,000

1211100908070605040302

0

1,000

2,000

3,000

4,000

5,000

4Q12

3Q12

2Q12

1Q12

4Q11

3Q11

2Q11

1Q11

4Q10

3Q10

2Q10

1Q10

4Q09

3Q09

2Q09

1Q09

4Q08

3Q08

2Q08

1Q08

4Q07

0

1,000

2,000

3,000

4,000

5,000

4Q12

3Q12

2Q12

1Q12

4Q11

3Q11

2Q11

1Q11

4Q10

3Q10

2Q10

1Q10

4Q09

3Q09

2Q09

1Q09

4Q08

3Q08

2Q08

1Q08

4Q07

SOUTH

SINGLE FAMILY NORTHEAST

©2013. Douglas Elliman Real Estate. All material presented herein is intended for information purposes only. While, this information is believed to be correct, it is represented subject to errors, omissions, changes or withdrawal without notice. All property information, including, but not limited to square footage, room count, number of bedrooms and the school district in property listings are deemed reliable, but should be verified by your own attorney, architect or zoning expert. Equal Housing Opportunity.