MARKET ACTION REPORT

Marc Campolongo

August 2011
Sales Consultant 914-564-1782 marc.campolongo@cbmoves.com marccampolongo.com
Trending Versus*: Trending Versus*:

MLS Area: Briarcliff Manor

Price Range: ALL | Properties: Single Family Home, Condo, Co-Op

Market Profile & Trends Overview

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

Month

LM

L3M PYM
54% 29% -4% -4% -1% -43% -1%

LY

YTD
$617,000 $686,320 44 179 $299 $259 12.3 94.6%

PriorYTD
-10% -12% 19% 28% -3% -7% -38% 0.2%

PriorYear
-8% -11% 34% -4% -6% -30% 0.2%

$937,000 9% $1,180,699 5% $950,000 58% $881,029 46% 46 -10% 9 80% 147 25% $300 9% $248 -10% 5.1 -50% 94.0% -2.3%

25% 16% 23% 42% -2% 14% -35% 13% -6% 10% 1% -4% -7% -10% -42% -71% -3% -0.4%

* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year / YTD = Year-to-date

Property Sales
August Property sales were 9, up 12.5% from 8 in August of 2010 and 80.0% higher than the 5 sales last month. August 2011 sales were at a mid level compared to August of 2010 and 2009. August YTD sales of 44 are running 18.9% ahead of last year's year-to-date sales of 37.

Prices
The Median Sales Price in August was $950,000, up 23.1% from $771,500 in August of 2010 and up 58.1% from $601,000 last month. The Average Sales Price in August was $881,029, down -1.6% from $895,213 in August of 2010 and up 45.8% from $604,100 last month. August 2011 ASP was at a mid range compared to August of 2010 and 2009.

Based on information from Empire Access Multiple Listing Service, Inc. for the period 9/1/2008 through 8/31/2011. Due to MLS reporting methods and allowable reporting policy, this data is only informational and may not be completely accurate. Therefore, Coldwell Banker Residential Brokerage does not guarantee the data accuracy. Data maintained by the MLS's may not reflect all real estate activity in the market.

MARKET ACTION REPORT

Marc Campolongo

August 2011
Sales Consultant 914-564-1782 marc.campolongo@cbmoves.com marccampolongo.com

MLS Area: Briarcliff Manor

Price Range: ALL | Properties: Single Family Home, Condo, Co-Op

Inventory & MSI

The Total Inventory of Properties available for sale as of August was 46, down -9.8% from 51 last month and down -35.2% from 71 in August of last year. August 2011 Inventory was at the lowest level compared to August of 2010 and 2009. A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers. The August 2011 MSI of 5.1 months was at its lowest level compared with August of 2010 and 2009.

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 August was 147, up 24.6% from 118 days last month and down -6.4% from 157 days in August of last year. The August 2011 DOM was at its lowest level compared with August of 2010 and 2009.

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 August 2011 Selling Price per Square Foot of $248 was down -9.8% from $275 last month and down -7.1% from $267 in August of last year.

Based on information from Empire Access Multiple Listing Service, Inc. for the period 9/1/2008 through 8/31/2011. Due to MLS reporting methods and allowable reporting policy, this data is only informational and may not be completely accurate. Therefore, Coldwell Banker Residential Brokerage does not guarantee the data accuracy. Data maintained by the MLS's may not reflect all real estate activity in the market.

MARKET ACTION REPORT

Marc Campolongo

August 2011
Sales Consultant 914-564-1782 marc.campolongo@cbmoves.com marccampolongo.com

MLS Area: Briarcliff Manor

Price Range: ALL | Properties: Single Family Home, Condo, Co-Op

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 August 2011 Selling Price vs Original List Price of 94.0% was down from 96.2% last month and down from 97.1% in August of last year.

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 August 2011 was 12, up 71.4% from 7 last month and up 33.3% from 9 in August of last year.

Based on information from Empire Access Multiple Listing Service, Inc. for the period 9/1/2008 through 8/31/2011. Due to MLS reporting methods and allowable reporting policy, this data is only informational and may not be completely accurate. Therefore, Coldwell Banker Residential Brokerage does not guarantee the data accuracy. Data maintained by the MLS's may not reflect all real estate activity in the market.

MARKET ACTION REPORT

Marc Campolongo

August 2011
Sales Consultant 914-564-1782 marc.campolongo@cbmoves.com marccampolongo.com

MLS Area: Briarcliff Manor

Price Range: ALL | Properties: Single Family Home, Condo, Co-Op

Homes Sold 3 Mo. Roll Avg

(000's)

S 08 7

O 5

N 4 5

D J 09 3 1 4 3

F 3 2

M 2 2

A 4 3

M 4 3

J 6 5

J 7 6

A 10 8

S 8 8

O 1 6

N 6 5

D J 10 2 2 3 3

F 3 2

M 6 4

A 2 4

M 2 3

J 9 4

J 5 5

A 8 7

S 8 7

O 6 7

N 3 6

D J 11 5 3 5 4

F 9 6

M 4 5

A 2 5

M 7 4

J 5 5

J 5 6

A 9 6

MedianSalePrice 3 Mo. Roll Avg

S 08 O N D J 09 F M A M J J A S O N D J 10 F M A M J J A S O N D J 11 F M A M J J A 910 650 831 680 267 650 619 774 775 845 925 659 909 625 694 583 620 461 513 823 323 649 1,150 772 840 586 700 720 610 655 538 1,055 609 425 601 950 797 720 593 532 512 681 723 798 848 810 831 731 742 634 632 555 531 599 553 598 707 857 920 732 708 669 677 662 601 749 734 696 545 659 S 08 62 9 O 54 11 N 58 15 D J 09 54 60 18 60 F 62 21 M 69 35 A 71 18 M 77 19 J 76 13 J 66 9 A 62 6 S 63 8 O 65 65 N 51 9 D J 10 52 53 26 27 F 54 18 M 60 10 A 71 36 M 72 36 J 76 8 J 76 15 A 71 9 S 67 8 O 72 12 N 62 21 D J 11 52 44 10 15 F 40 4 M 52 13 A 62 31 M 62 9 J 57 11 J 51 10 A 46 5

Inventory MSI

Days On Market 3 Mo. Roll Avg

S 08 O N D J 09 F M A M J J A S O N D J 10 F M A M J J A S O 124 201 163 111 65 224 379 200 192 161 192 156 145 82 169 138 152 114 215 213 78 98 105 157 118 82 163 158 113 133 223 268 257 184 182 170 164 128 132 130 153 135 160 181 169 130 94 120 127 119

N D J 11 F M A M J J A 85 223 100 223 246 314 128 232 118 147 95 130 136 182 190 261 229 225 159 166

Price per Sq Ft 3 Mo. Roll Avg

S 08 O N D J 09 F M A M J J A S O N D J 10 F M A M J J A S O N D J 11 F M A M J J A 293 257 335 313 254 268 243 290 255 315 278 281 281 298 264 321 181 324 289 255 206 269 344 267 274 318 230 260 254 282 276 243 250 228 275 248 295 302 301 278 255 267 263 287 283 291 280 287 281 294 255 275 265 289 250 243 273 293 295 286 274 269 248 265 271 267 256 240 251 250 S 08 O N D J 09 F M A M J J A S O N D J 10 F M A M J J A S O N D J 11 F M A M J J A

Sale to List Price 3 Mo. Roll Avg

0.972 0.930 0.953 0.970 0.975 0.961 0.890 0.958 0.924 0.916 0.951 0.943 0.934 0.940 0.927 0.981 0.957 0.987 0.930 0.971 0.941 0.974 0.926 0.971 0.962 0.953 0.987 0.920 0.974 0.965 0.957 0.905 0.939 0.918 0.962 0.940 0.952 0.951 0.966 0.969 0.942 0.936 0.924 0.933 0.930 0.937 0.943 0.939 0.934 0.949 0.955 0.975 0.958 0.963 0.947 0.962 0.947 0.957 0.953 0.962 0.967 0.953 0.960 0.953 0.965 0.942 0.934 0.921 0.940 0.940

New Listings Inventory Sales

(000's)

S 08 11 62 7 S 08
1,005

O 7 54 5

N 14 58 4

D J 09 4 15 54 60 3 1

F 8 62 3

M 13 69 2

A 7 71 4

M 20 77 4

J 13 76 6

J 8 66 7

A 10 62 10

S 10 63 8

O 12 65 1

N 4 51 6

D J 10 5 11 52 53 2 2

F 10 54 3

M 11 60 6

A 22 71 2

M 14 72 2

J 14 76 9

J 14 76 5

A 9 71 8

S 11 67 8

O 13 72 6

N 2 62 3

D J 11 3 5 52 44 5 3

F 6 40 9

M 21 52 4

A 16 62 2

M 6 62 7

J 10 57 5

J 7 51 5

A 12 46 9

Avg Sale Price 3 Mo. Roll Avg

O N D J 09 F M A M J J A S O N D J 10 F M A M J J A S O N D J 11 F M A M J J A 712 808 716 267 965 619 684 729 959 996 703 924 625 748 583 620 645 560 823 323 688 1,313 895 779 884 647 806 568 697 573 1,055 594 542 604 881 842 745 597 649 617 756 678 791 895 886 874 751 766 652 650 616 608 676 568 611 775 965 996 853 770 779 674 690 613 775 741 730 580 676

Based on information from Empire Access Multiple Listing Service, Inc. for the period 9/1/2008 through 8/31/2011. Due to MLS reporting methods and allowable reporting policy, this data is only informational and may not be completely accurate. Therefore, Coldwell Banker Residential Brokerage does not guarantee the data accuracy. Data maintained by the MLS's may not reflect all real estate activity in the market.