Woodmont 2014 Year In Review

WOODMONT GOLF & COUNTRY CLUB REAL ESTATE YEAR IN REVIEW 2014

61 Homes Sold In 2014 Homes Sold By Price Bracket • • • • • •

$200’s $300’s $400’s $500’s $600’s $700’s+

6 of 61 (9.8%) 25 of 61 (41.0%) 20 of 61 (32.9%) 7 of 61 (11.5%) 2 of 61 (3.2%) 1 of 61 (1.6%)

Basement Type Slab, Finished, Unfinished • • •

Slab Finished Unfinished

* Data Source: FMLS Woodmont, Wexford and Cadence 2014 Closed Sales

17 of 61 (27.9%) 21 of 61 (34.4%) 23 of 61 (37.7%)

61 Homes Sold In 2014 Basement Type By Price Point

Sale Type New, Resale, Foreclosure

Price $200’s $300’s $400’s $500’s $600’s $700’s+

Slab 4 7 6 0 0 0

Finished 1 5 9 3 2 1

Unfinished 1 13 5 4 0 0

• • •

JWH New Re-Sale Foreclosure

* Data Source: FMLS Woodmont, Wexford and Cadence 2014 Closed Sales

20 of 61 (32.8%) 37 of 61 (60.6%) 4 of 61 (6.6%)

61 Homes Sold In 2014 For Homes That Sold In 2014, How Many Sold For More Or Less Than The Seller Originally Paid (Sorted By The Year They Originally Bought The Home) Original Purchase Year 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013*

Sold For More 1 2 1 0 3 0 0 1 2 0 1 3 3 7

Sold For Less Less • Ave Re-Sale Sales Price $411,027 0 • Ave Orig Purch Price $391,189 0 • Ave Profit/Loss On Sale +$19,838 1 0 • Ave % Profit/Loss On Sale +5.1% 0 1 5 2 Housing Prices Peaked In Early 2006 3 Before The Ensuing Market Collapse 3 0 Real Estate Market Begins To Dig 0 Out Of The Hole Created By 0 The Crash And Becomes Healthy 2

* 4 Foreclosures of homes originally purchased in 2013 sold in 2014; 3 were sold for more than original purchase price and 1 was for less

When Homes Went Under Contract 2008 Thru 2014 Woodmont Wexford Cadence WOODMONT MONTH TO MONTH ACTIVITY BY UNDER CONTRACT DATE (2008 - 2014) 2008 2009 2010 2011 2012 2013 2014

Jan

Feb

March

April

May

June

July

Aug

Sept

Oct

Nov

Dec

Total

4 1 2 3 0 3 6

3 2 3 2 3 2 7

2 9 13 3 10 3 10

3 3 6 3 7 9 5

3 2 8 3 7 13 8

5 7 1 5 2 5 7

4 1 4 6 4 5 7

6 2 4 8 5 8 5

4 2 1 0 6 5 1

1 5 2 7 5 4 5

2 0 5 3 5 3 3

0 1 2 5 4 3 3

37 35 51 48 58 63 67

14 12

Based on FMLS

10

2008

8

2009 2010

6

2011

4 2012 2

2013

0

2014 Jan

Feb

March

April

May

June

July

Aug

Sept

Oct

Nov

Dec

data for date the home went under contract; not the closing date; intended to show when the actual activity occurred.

FOR MORE INFORMATION REGARDING THE WOODMONT MARKET AND HOW IT IMPACTS YOU, PLEASE CONTACT JEANINE BLUMER AT

678-858-4927 The Woodmont expert since 2002