January 2013 Quick Facts

A RESEARCH TOOL PROVIDED BY METROLIST® SINGLE FAMILY LISTINGS ONLY – RESIDENTIAL AND CONDO

Market Overview 2Active Listings 3Pending Listings 4Under Contract Listings 5New Listings 6Sold Listings 7Total Days on Market 8Median Sold Price 9Average Sold Price 10

11Annual Review 12

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All data from Metrolist®. Metrolist® is a registered trademark of Metrolist, Inc. © 2012 Metrolist, Inc. All rights reserved. | 1

Monthly Indicators

Percent of Sold Price to List Price

+ 19.3%

Change inSold Listings

+ 15.0%

Change inMedian Sold Price

- 1.4%

Change inNew Listings

Market Overview Key market metrics for the current month and year-to-date. Single-Family Listings Only – Residential and Condo.

Key Metrics Historical Sparklines 1-2012 1-2013 + / –Last Year

YTDThis Year

YTD+ / –

* Pending Listings is a count of the number of homes that were in "pending" status at the end of the month. This information was not available prior to January 2010. ** Does not account for seller concessions and/or down payment assistance.

Active Listings 11,453 8,059 - 29.6% -- -- --

- 25.6%

1,673 1,513 - 9.6%

+ 27.7%

- 1.4%

4,470

4,581

3,501

4,644

102

97.4%

3,042 + 19.3%

102 76

$251,032 $275,196 + 9.6%

$200,000 $229,900

2,550 3,042 + 19.3% 2,550

76

Average Sold Price**

+ 15.0%

All data from Metrolist®. Powered by 10K Research and Marketing. Due to differences in statistical methodologies, figures may vary from other market reports provided by Metrolist®. | Click for Cover | 2

+ 15.0% $200,000 $229,900

+ 2.3%+ 2.3% 97.4% 99.7%

$275,196 + 9.6%

99.7%Percent of Sold Priceto List Price**

$251,032

Median Sold Price**

Pending Listings* 1,673 1,513 - 9.6%

Total Days on Market

Under Contract Listings

New Listings

Sold Listings

3,501 4,470 + 27.7%

4,644 4,581 - 1.4%

- 25.6%

1-2010 1-2011 1-2012 1-2013

1-2010 1-2011 1-2012 1-2013

1-2010 1-2011 1-2012 1-2013

1-2010 1-2011 1-2012 1-2013

1-2010 1-2011 1-2012 1-2013

1-2010 1-2011 1-2012 1-2013

1-2010 1-2011 1-2012 1-2013

1-2010 1-2011 1-2012 1-2013

1-2011 1-2012 1-2013

Active Listings The number of homes that were in "active" status at the end of the month.

All data from Metrolist®. Powered by 10K Research and Marketing. Due to differences in statistical methodologies, figures may vary from other market reports provided by Metrolist®. | Click for Cover | 3

19,304

11,453

8,059

2011 2012 2013

January

6,000

8,000

10,000

12,000

14,000

16,000

18,000

20,000

22,000

24,000

26,000

1-2009 1-2010 1-2011 1-2012 1-2013

Historical Active Listing Activity

-29.6% -40.7%

Pending Listings A count of the number of homes that were in "pending" status at the end of the month. This information was not available prior to January 2010.

All data from Metrolist®. Powered by 10K Research and Marketing. Due to differences in statistical methodologies, figures may vary from other market reports provided by Metrolist®. | Click for Cover | 4

925

1,673 1,513

2011 2012 2013

January

250

500

750

1,000

1,250

1,500

1,750

2,000

2,250

2,500

1-2010 1-2011 1-2012 1-2013

Historical Pending Listings Activity

925

1,673 1,513

2011 2012 2013

Year To Date (YTD)

-9.6% +80.9% -9.6% +80.9%

Under Contract Listings A count of the properties on which offers have been accepted in a given month.

Note: The method used to calculate the "Under Contract" metric was updated in August 2012 so comparisons to previously reported figures may differ.All data from Metrolist®. Powered by 10K Research and Marketing. Due to differences in statistical methodologies, figures may vary from other market reports provided by Metrolist®. | Click for Cover | 5

3,189 3,501

4,470

2011 2012 2013

January

2,000

2,500

3,000

3,500

4,000

4,500

5,000

5,500

6,000

6,500

7,000

1-2006 1-2007 1-2008 1-2009 1-2010 1-2011 1-2012 1-2013

Historical Under Contract Listing Activity

3,189 3,501

4,470

2011 2012 2013

Year To Date (YTD)

+27.7% +9.8% +27.7% +9.8%

New Listings A count of the properties that have been newly listed on the market in a given month.

All data from Metrolist®. Powered by 10K Research and Marketing. Due to differences in statistical methodologies, figures may vary from other market reports provided by Metrolist®. | Click for Cover | 6

4,998 4,644 4,581

2011 2012 2013

January

2,000

4,000

6,000

8,000

10,000

12,000

14,000

1-2006 1-2007 1-2008 1-2009 1-2010 1-2011 1-2012 1-2013

Historical New Listing Activity

4,998 4,644 4,581

2011 2012 2013

Year To Date (YTD)

-1.4% -7.1% -1.4% -7.1%

Sold Listings A count of the properties that have sold in a given month.

All data from Metrolist®. Powered by 10K Research and Marketing. Due to differences in statistical methodologies, figures may vary from other market reports provided by Metrolist®. | Click for Cover | 7

2,236 2,550

3,042

2011 2012 2013

January

2,000

2,500

3,000

3,500

4,000

4,500

5,000

5,500

6,000

1-2006 1-2007 1-2008 1-2009 1-2010 1-2011 1-2012 1-2013

Historical Sold Listing Activity

2,236 2,550

3,042

2011 2012 2013

Year To Date (YTD)

+19.3% +14.0% +19.3% +14.0%

Total Days on Market The average number of days between when a property is first listed and when an offer is accepted. Sold listings only.

All data from Metrolist®. Powered by 10K Research and Marketing. Due to differences in statistical methodologies, figures may vary from other market reports provided by Metrolist®. | Click for Cover | 8

120

102

76

2011 2012 2013

January

60

70

80

90

100

110

120

130

1-2006 1-2007 1-2008 1-2009 1-2010 1-2011 1-2012 1-2013

Historical Total Days on Market

120

102

76

2011 2012 2013

Year To Date (YTD)

-25.6% -15.3% -25.6% -15.3%

Median Sold Price

All data from Metrolist®. Powered by 10K Research and Marketing. Due to differences in statistical methodologies, figures may vary from other market reports provided by Metrolist®. | Click for Cover | 9

The median sold price for all sold listings in a given month. Does not account for seller concessions and/or down payment assistance.

$201,500 $200,000

$229,900

2011 2012 2013

January

$160,000

$170,000

$180,000

$190,000

$200,000

$210,000

$220,000

$230,000

$240,000

$250,000

1-2006 1-2007 1-2008 1-2009 1-2010 1-2011 1-2012 1-2013

Historical Median Sold Price

$201,500 $200,000

$229,900

2011 2012 2013

Year To Date (YTD)

+15.0% -0.7% +15.0% -0.7%

Average Sold Price

All data from Metrolist®. Powered by 10K Research and Marketing. Due to differences in statistical methodologies, figures may vary from other market reports provided by Metrolist®. | Click for Cover | 10

The average sold price for all sold listings in a given month. Does not account for seller concessions and/or down payment assistance.

$253,959 $251,032 $275,196

2011 2012 2013

January

$200,000

$220,000

$240,000

$260,000

$280,000

$300,000

$320,000

1-2006 1-2007 1-2008 1-2009 1-2010 1-2011 1-2012 1-2013

Historical Average Sold Price

$253,959 $251,032 $275,196

2011 2012 2013

Year To Date (YTD)

+ 9.6% - 1.2% - 1.2% + 9.6%

Percent of Sold Price to List Price

All data from Metrolist®. Powered by 10K Research and Marketing. Due to differences in statistical methodologies, figures may vary from other market reports provided by Metrolist®. | Click for Cover | 11

Calculated by comparing final sold price to list price for sold listings. Does not account for seller concessions and/or down payment assistance.

96.1% 97.4% 99.7%

2011 2012 2013

January

96.0%

96.5%

97.0%

97.5%

98.0%

98.5%

99.0%

99.5%

100.0%

1-2006 1-2007 1-2008 1-2009 1-2010 1-2011 1-2012 1-2013

Historical Percent of Sold Price to List Price

96.1% 97.4% 99.7%

2011 2012 2013

Year To Date (YTD)

+2.3% +1.4% +2.3% +1.4%

Annual Review Historical look at key market metrics for the overall region.

* Does not account for seller concessions and/or down payment assistance.All data from Metrolist®. Powered by 10K Research and Marketing. Due to differences in statistical methodologies, figures may vary from other market reports provided by Metrolist®. | Click for Cover | 12

48,497 42,615

39,585 40,498

47,557

2008 2009 2010 2011 2012

Sold Listings

101 96 90

105

75

2008 2009 2010 2011 2012

Total Days on Market

$201,450 $199,997 $211,000 $210,000 $231,500

2008 2009 2010 2011 2012

Median Sold Price*

97.6% 98.0% 97.5% 97.1% 98.3%

2008 2009 2010 2011 2012

Percent of Sold Price to List Price*

-12.1% -7.1% +2.3% +17.4 -4.6% -6.0% +16.6 -28.5%

-0.7% +5.5% -0.5% +10.2 +0.4% -0.6% -0.4% +1.3%