Elena Talis Median Sold Price by Month Silicon Valley AOR

Apr-09 vs. Apr-10: The median sold price is up 27%

Apr-09 vs. Apr-10

Apr-09 Apr-10 Change % +27%
1,245,000 1,584,000 339,000 +27%

MLS: MLSLstngs Time Period: 1 year (monthly) Price: All Construction Type: All Bedrooms: All Bathrooms: All
Property Types: Residential Property: (Detached Single)
Cities: Palo Alto
Statistics are based on closed MLS transactions. Each closing generates one transaction side only.

Clarus MarketMetrics® 1 of 2 05/01/2010

Information not guaranteed. © 2009-2010 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

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Elena Talis Median Sold Price by Month Silicon Valley AOR
Apr-09 vs. Apr-10: The median sold price is up 27%

Time Period Median Price # Units Average DOM

Apr-10 1,584,000 32 35
Mar-10 1,410,000 27 60
Feb-10 1,527,500 22 50
Jan-10 1,362,500 22 63
Dec-09 1,269,000 29 50
Nov-09 1,425,000 39 41
Oct-09 1,506,500 42 33
Sep-09 1,250,000 38 55
Aug-09 1,308,000 29 41
Jul-09 1,295,000 43 56
Jun-09 1,400,000 45 38
May-09 1,500,500 42 56
Apr-09 1,245,000 29 26

Clarus MarketMetrics® 2 of 2 05/01/2010

Information not guaranteed. © 2009-2010 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

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Elena Talis Median For Sale vs. Median Sold Silicon Valley AOR
Apr-09 vs. Apr-10: The median price of for sale properties is down 8% and the median price of sold properties is up 27%

Apr-09 vs. Apr-10 Apr-09 vs. Apr-10

Apr-09 Apr-10 Change % -8% +27% Apr-09 Apr-10 Change %
1,625,000 1,499,500 -125,500 -8% 1,245,000 1,584,000 339,000 +27%

MLS: MLSLstngs Time Period: 1 year (monthly) Price: All Construction Type: All Bedrooms: All Bathrooms: All
Property Types: Residential Property: (Detached Single)
Cities: Palo Alto

Clarus MarketMetrics® 1 of 2 05/01/2010

Information not guaranteed. © 2009-2010 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

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Elena Talis Median For Sale vs. Median Sold Silicon Valley AOR
Apr-09 vs. Apr-10: The median price of for sale properties is down 8% and the median price of sold properties is up 27%

# Units For Sale Sold

Time Period For Sale Average DOM # Sold Units Average DOM
Apr-10 132 64 32 35
Mar-10 127 92 27 60
Feb-10 114 110 22 50
Jan-10 94 131 22 63
Dec-09 102 150 29 50
Nov-09 127 137 39 41
Oct-09 167 116 42 33
Sep-09 172 123 38 55
Aug-09 182 132 29 41
Jul-09 198 131 43 56
Jun-09 219 134 45 38
May-09 232 121 42 56
Apr-09 229 120 29 26

Clarus MarketMetrics® 2 of 2 05/01/2010

Information not guaranteed. © 2009-2010 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

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Elena Talis The Number of Sold Properties by Month Silicon Valley AOR
Apr-09 vs. Apr-10: The number of sold properties is up 10%

Apr-09 vs. Apr-10

Apr-09 Apr-10 Change % +10%
29 32 3 +10%

MLS: MLSLstngs Time Period: 1 year (monthly) Price: All Construction Type: All Bedrooms: All Bathrooms: All
Property Types: Residential Property: (Detached Single)
Cities: Palo Alto

Clarus MarketMetrics® 1 of 2 05/01/2010

Information not guaranteed. © 2009-2010 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

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Elena Talis The Number of Sold Properties by Month Silicon Valley AOR
Apr-09 vs. Apr-10: The number of sold properties is up 10%

Time Period # Units Median Price Average DOM

Apr-10 32 1,584,000 35
Mar-10 27 1,410,000 60
Feb-10 22 1,527,500 50
Jan-10 22 1,362,500 63
Dec-09 29 1,269,000 50
Nov-09 39 1,425,000 41
Oct-09 42 1,506,500 33
Sep-09 38 1,250,000 55
Aug-09 29 1,308,000 41
Jul-09 43 1,295,000 56
Jun-09 45 1,400,000 38
May-09 42 1,500,500 56
Apr-09 29 1,245,000 26

Clarus MarketMetrics® 2 of 2 05/01/2010

Information not guaranteed. © 2009-2010 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

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Elena Talis The Number of Under Contract Properties by Month Silicon Valley AOR
Apr-09 vs. Apr-10: The number of under contract properties is up 7%

Apr-09 vs. Apr-10

Apr-09 Apr-10 Change % +7%
46 49 3 +7%

MLS: MLSLstngs Time Period: 1 year (monthly) Price: All Construction Type: All Bedrooms: All Bathrooms: All
Property Types: Residential Property: (Detached Single)
Cities: Palo Alto

Clarus MarketMetrics® 1 of 2 05/01/2010

Information not guaranteed. © 2009-2010 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

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Elena Talis The Number of Under Contract Properties by Month Silicon Valley AOR
Apr-09 vs. Apr-10: The number of under contract properties is up 7%

Time Period # Units Median Price Average DOM

Apr-10 49 1,398,000 39
Mar-10 35 1,298,000 46
Feb-10 29 1,625,000 61
Jan-10 18 1,611,500 57
Dec-09 20 1,310,000 59
Nov-09 28 1,391,500 54
Oct-09 50 1,360,000 32
Sep-09 38 1,323,444 57
Aug-09 41 1,465,000 43
Jul-09 30 1,298,000 38
Jun-09 46 1,322,000 58
May-09 44 1,495,000 44
Apr-09 46 1,349,500 48

Clarus MarketMetrics® 2 of 2 05/01/2010

Information not guaranteed. © 2009-2010 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

8 of 20
Elena Talis The Number of New Properties Listed by Month Silicon Valley AOR
Apr-09 vs. Apr-10: The number of new properties is down 25%

Apr-09 vs. Apr-10

Apr-09 Apr-10 Change % -25%
72 54 -18 -25%

MLS: MLSLstngs Time Period: 1 year (monthly) Price: All Construction Type: All Bedrooms: All Bathrooms: All
Property Types: Residential Property: (Detached Single)
Cities: Palo Alto

Clarus MarketMetrics® 1 of 2 05/01/2010

Information not guaranteed. © 2009-2010 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

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Elena Talis The Number of New Properties Listed by Month Silicon Valley AOR
Apr-09 vs. Apr-10: The number of new properties is down 25%

Time Period # Units Median Price

Apr-10 54 1,398,500
Mar-10 49 1,689,000
Feb-10 41 1,399,950
Jan-10 42 1,339,000
Dec-09 21 1,400,000
Nov-09 22 1,327,000
Oct-09 47 1,295,000
Sep-09 62 1,552,000
Aug-09 44 1,241,500
Jul-09 51 1,465,000
Jun-09 58 1,454,000
May-09 65 1,420,000
Apr-09 72 1,598,000

Clarus MarketMetrics® 2 of 2 05/01/2010

Information not guaranteed. © 2009-2010 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

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Elena Talis The Number of For Sale Properties By Month Silicon Valley AOR
Apr-09 vs. Apr-10: The number of for sale properties is down 42%

Apr-09 vs. Apr-10

Apr-09 Apr-10 Change % -42%
229 132 -97 -42%

MLS: MLSLstngs Time Period: 1 year (monthly) Price: All Construction Type: All Bedrooms: All Bathrooms: All
Property Types: Residential Property: (Detached Single)
Cities: Palo Alto
Statistics are based on closed MLS transactions. Each closing generates one transaction side only.

Clarus MarketMetrics® 1 of 2 05/01/2010

Information not guaranteed. © 2009-2010 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

11 of 20
Elena Talis The Number of For Sale Properties By Month Silicon Valley AOR
Apr-09 vs. Apr-10: The number of for sale properties is down 42%

Time Period # Units Median Price Average DOM

Apr-10 132 1,499,500 64
Mar-10 127 1,688,000 92
Feb-10 114 1,612,000 110
Jan-10 94 1,685,000 131
Dec-09 102 1,598,500 150
Nov-09 127 1,599,000 137
Oct-09 167 1,550,000 116
Sep-09 172 1,596,500 123
Aug-09 182 1,525,000 132
Jul-09 198 1,611,500 131
Jun-09 219 1,570,000 134
May-09 232 1,592,500 121
Apr-09 229 1,625,000 120

Clarus MarketMetrics® 2 of 2 05/01/2010

Information not guaranteed. © 2009-2010 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

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Elena Talis The Number of Expired Properties by Month Silicon Valley AOR
Apr-09 vs. Apr-10: The number of expired properties is down 12%

Apr-09 vs. Apr-10

Apr-09 Apr-10 Change % -12%
16 14 -2 -12%

MLS: MLSLstngs Time Period: 1 year (monthly) Price: All Construction Type: All Bedrooms: All Bathrooms: All
Property Types: Residential Property: (Detached Single)
Cities: Palo Alto

Clarus MarketMetrics® 1 of 2 05/01/2010

Information not guaranteed. © 2009-2010 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

13 of 20
Elena Talis The Number of Expired Properties by Month Silicon Valley AOR
Apr-09 vs. Apr-10: The number of expired properties is down 12%

Time Period # Units Median Price Average DOM

Apr-10 14 1,307,500 82
Mar-10 14 2,495,000 156
Feb-10 7 1,350,000 69
Jan-10 3 1,450,000 103
Dec-09 30 1,463,000 132
Nov-09 18 1,699,500 109
Oct-09 12 1,469,500 96
Sep-09 14 1,610,000 144
Aug-09 31 1,795,000 125
Jul-09 30 1,798,500 113
Jun-09 26 1,549,000 139
May-09 27 1,420,000 79
Apr-09 16 2,220,000 71

Clarus MarketMetrics® 2 of 2 05/01/2010

Information not guaranteed. © 2009-2010 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

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Elena Talis Supply & Demand by Month Silicon Valley AOR
Apr-09 vs. Apr-10: The number of for sale properties is down 42% and the number of sold properties is up 10%

Apr-09 vs. Apr-10 Apr-09 vs. Apr-10

Apr-09 Apr-10 Change % -42% +10% Apr-09 Apr-10 Change %
229 132 -97 -42% 29 32 3 +10%

MLS: MLSLstngs Time Period: 1 year (monthly) Price: All Construction Type: All Bedrooms: All Bathrooms: All
Property Types: Residential Property: (Detached Single)
Cities: Palo Alto

Clarus MarketMetrics® 1 of 2 05/01/2010

Information not guaranteed. © 2009-2010 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

15 of 20
Elena Talis Supply & Demand by Month Silicon Valley AOR
Apr-09 vs. Apr-10: The number of for sale properties is down 42% and the number of sold properties is up 10%

# Units For Sale Sold

Time Period For Sale Average DOM # Sold Units Average DOM
Apr-10 132 64 32 35
Mar-10 127 92 27 60
Feb-10 114 110 22 50
Jan-10 94 131 22 63
Dec-09 102 150 29 50
Nov-09 127 137 39 41
Oct-09 167 116 42 33
Sep-09 172 123 38 55
Aug-09 182 132 29 41
Jul-09 198 131 43 56
Jun-09 219 134 45 38
May-09 232 121 42 56
Apr-09 229 120 29 26

Clarus MarketMetrics® 2 of 2 05/01/2010

Information not guaranteed. © 2009-2010 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

16 of 20
Elena Talis The Average Days on Market by Month Silicon Valley AOR
Apr-09 vs. Apr-10: The average days on market is down 18%

Apr-09 vs. Apr-10

Apr-09 Apr-10 Change % -18%
48 39 -9 -18%

MLS: MLSLstngs Time Period: 1 year (monthly) Price: All Construction Type: All Bedrooms: All Bathrooms: All
Property Types: Residential Property: (Detached Single)
Cities: Palo Alto
Statistics are based on closed MLS transactions. Each closing generates one transaction side only.

Clarus MarketMetrics® 1 of 2 05/01/2010

Information not guaranteed. © 2009-2010 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

17 of 20
Elena Talis The Average Days on Market by Month Silicon Valley AOR
Apr-09 vs. Apr-10: The average days on market is down 18%

Time Period Average DOM # UC Units

Apr-10 39 49
Mar-10 46 35
Feb-10 61 29
Jan-10 57 18
Dec-09 59 20
Nov-09 54 28
Oct-09 32 50
Sep-09 57 38
Aug-09 43 41
Jul-09 38 30
Jun-09 58 46
May-09 44 44
Apr-09 48 46

Clarus MarketMetrics® 2 of 2 05/01/2010

Information not guaranteed. © 2009-2010 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

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Elena Talis Months Supply of Inventory Silicon Valley AOR
Apr-09 vs. Apr-10: The average months supply of inventory is down 61%

Apr-09 vs. Apr-10

Apr-09 Apr-10 Change % -61%
3.6 1.4 -2.2 -61%

MLS: MLSLstngs Time Period: 1 year (monthly) Price: All Construction Type: All Bedrooms: All Bathrooms: All
Property Types: Residential Property: (Detached Single)
Cities: Palo Alto
Statistics are based on closed MLS transactions. Each closing generates one transaction side only.

Clarus MarketMetrics® 1 of 2 05/01/2010

Information not guaranteed. © 2009-2010 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

19 of 20
Elena Talis Months Supply of Inventory Silicon Valley AOR
Apr-09 vs. Apr-10: The average months supply of inventory is down 61%

# Units For Sale # UC Units UC Average

Time Period Last Day of Month During Month MSI DOM
Apr-10 69 49 1 39
Mar-10 78 35 2 46
Feb-10 78 29 3 61
Jan-10 73 18 4 57
Dec-09 52 20 3 59
Nov-09 81 28 3 54
Oct-09 105 50 2 32
Sep-09 120 38 3 57
Aug-09 110 41 3 43
Jul-09 138 30 5 38
Jun-09 147 46 3 58
May-09 161 44 4 44
Apr-09 167 46 4 48

Clarus MarketMetrics® 2 of 2 05/01/2010

Information not guaranteed. © 2009-2010 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

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