MARKET ACTION REPORT

June 2011
Hillary Landau
Licensed Real Estate Salesperson COLDWELL BANKER
hillarylandau.com/hillary.landau@cbmoves.com

MLS Area: Briarcliff Manor

Price Range: All | Properties: Single Family

914-907-2444 Trending versus*: Trending versus*:

LY

Market Profile & Trends Overview

Median List Price of all Current Listings Average List Price of all Current Listings June Median Sales Price June Average Sales Price Total Properties Currently for Sale (Inventory) June Number of Properties Sold June Average Days on Market (Solds) Asking Price per Square Foot (based on New Listings) June Sold Price per Square Foot June Month's Supply of Inventory June Sale Price vs List Price Ratio

Month
$985,000 $1,219,500 $0 $0 43 0 0 $393 $0 0.0 0.0%

LM

L3M PYM

YTD

Prior YTD

Prior Year

$625,000 $718,539 21 196 $315 $276 12.7 94.9%

Number of Properties Sold
3 Mo Avg

* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2010) / YTD = Year-to-date | Arrows indicate if Month / YTD values are higher (up), lower (down) or unchanged (flat)

3 3

2 2 2

2 2

2 3 Mo Avg 39 48 47 43 0

2 0

3 3

J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J 08 09 10 11

Prices
The Median Sales Price in June was $0, down 100.0% from $649,000 in June of 2010 and down 100.0% from $609,222 last month. The Average Sales Price in June was $0, down 100.0% from $688,276 in June of 2010 and down 100.0% from $667,244 last month. June 2011 ASP was at a mid range compared to June of 2010 and 2009.

(000's)

Median Sales Price and Average Sales Price

Median means Middle (the same # of properties sold above and below the Median)

1,400 1,300 1,200 1,100 1,000 900 800 700 600 500

J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J 08 09 10 11

Total Inventory & Month's Supply of Inventory (MSI)

Inventory & MSI

The Total Inventory of Properties available for sale as of June was 43, down 8.5% from 47 last month and down 29.5% from 61 in June of last year. June 2011 Inventory was at its lowest level compared with June of 2010 and 2009.

70 60 50
48 45 44

MSI is the # of month's needed to sell all of the Inventory at the monthly Sales Pace

1 0

June Property sales were 0, down 100.0% from 9 in June of 2010 and 100.0% lower than the 5 sales last month. June 2011 sales were at their lowest level compared to June of 2010 and 2009. June YTD sales of 21 are running 10.5% ahead of last year's year-todate sales of 19.

10
8

11

Property Sales

12

6 4

7 7

60 50

60 61

54 55

53

57 58 61 60 58 56 58

41 41 44 47

46 46 47

35 36 37 39

39

40 30

44

48

40 30 20 10 0

34

A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers. The June 2011 MSI of 0.0 months was at a mid level compared with June of 2010 and 2009.

20 10 0
J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J 08 09 10 11

Copyright Coldwell Banker Residential Brokerage | Price Range: All | Property Types: Single Family
Data is provided courtesy of Empire Access Multiple Listing Service, Inc. and may not reflect all relevant real estate activity. Coldwell Banker Residential Brokerage does not warrant or guarantee the accuracy of this information. It is the responsibility of any buyer or seller to verify any and all information relevant to such consumers real estate transaction.

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MARKET ACTION REPORT

June 2011
Hillary Landau
Licensed Real Estate Salesperson COLDWELL BANKER
hillarylandau.com/hillary.landau@cbmoves.com

MLS Area: Briarcliff Manor

Price Range: All | Properties: Single Family

914-907-2444 Days On Market for Sold Properties

Market Time
The average Days On Market (DOM) shows how many days the average Property is on the market before it sells. An upward trend in DOM tends to indicate a move towards more of a Buyer's market, a downward trend a move towards more of a Seller's market. The DOM for June was 0, down 100.0% from 114 days last month and down 100.0% from 98 days in June of last year. The June 2011 DOM was at a mid level compared with June of 2010 and 2009.

400 350 300 250 200 150 100 50

Average Days on Market (Listing to Contract) for properties sold during the month

3 Mo Avg

150 98

J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J 08 09 10 11

Selling Price per Square Foot

Selling Price per Square Foot

The Selling Price per Square Foot is a great indicator for the direction of Property values. Since Median Sales Price and Average Sales price can be impacted by the 'mix' of high or low end Properties in the market, the selling price per square foot is a more normalized indicator on the direction of Property values. The June 2011 Selling Price per Square Foot of $0 was down 100.0% from $267 last month and down 100.0% from 269 in June of last year.

350 300 250 200 150 100 50 0

Average Selling Price per Square Foot for properties that sold during the month

3 Mo Avg

341

269

0 J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J 08 09 10 11

Selling Price versus Listing Price Ratio

Avg Selling Price divided by Avg Listing Price for sold properties during the month 3 Mo Avg

Selling Price vs Original Listing Price

The Selling Price vs Original Listing Price reveals the average amount that Sellers are agreeing to come down from their original list price. The lower the ratio is below 100% the more of a Buyer's market exists, a ratio at or above 100% indicates more of a Seller's market. The June 2011 Selling Price vs Original List Price of 0.0% was down from 94.9% last month and down from 97.4% in June of last year.

99% 97% 95% 93% 91% 89% 87% 85% 90.8%

97.4%

J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J 08 09 10 11

Inventory / New Listings / Sales

Inventory / New Listings / Sales

This last view of the market combines monthly inventory of Properties for sale along with New Listings and Sales. The graph shows the basic annual seasonality of the market as well as the relationship between these items. The number of New Listings in June 2011 was 10, up 100.0% from 5 last month and down 9.1% from 11 in June of last year.

70
60 61

Inventory

New Listings

Sales

48 45 44

53

50 40 30 20 10 0
41 41 44 47

54 55

57 58 61 60 58 56 58 48

60

35 36 37 39

39

34

J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J 08 09 10 11

Copyright Coldwell Banker Residential Brokerage | Price Range: All | Property Types: Single Family
Data is provided courtesy of Empire Access Multiple Listing Service, Inc. and may not reflect all relevant real estate activity. Coldwell Banker Residential Brokerage does not warrant or guarantee the accuracy of this information. It is the responsibility of any buyer or seller to verify any and all information relevant to such consumers real estate transaction.

33 31

39

48 47 43

46 46 47

44

Inventory / Listings / Sales

Hillary Landau Licensed Real Estate Salesperson COLDWELL BANKER
hillarylandau.com/hillary.landau@cbmoves.com

June 2011

Price Range: All | Properties: Single Family

914-907-2444

70 60
54 55

Inventory
61 61 60 60

New Listings

Sales

58

58

57

50
48 47 45 44 44

53

56

58

47

48

48

46

46

44

47
5 5

41

41

40 30 20

39

34

35

36

37

39

33

20

31

15

17

39

11 9 10

11 9

9 7 8 7 8 6

9 8 8 9

6 5 4

6 6 5

2 3 2 4 4 2 5

3 3 3

1 3

3 2

0
J 08 A S O

J 09

J 10

J 11

10

10

12

12

12

12

12

14

43