Prudential market trends

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Market Trends Fayetteville - October 2014

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Monthly Indicators

Prudential

All American Homes

A BOARD OF REALTORS® A RESEARCH RESEARCHTOOL TOOL PROVIDED PROVIDED BY BYTHE THEKANAWHA GREATER VALLEY GREENVILLE ASSOCIATION OF REALTORS® Jay Dowdy - REALTORS®

September 2013

Quick Facts

Do you hear that? Hummmmm. That's the delightful sound of normalcy. Buyers are buying, sellers are selling, lenders are lending and builders are building. Sure, this varies from region to region and even city to city within a region or state, but by and large, things are returning to normal. All major indices showcase fairly robust price recovery. Consumer confidence isn't what it could be, but it's sufficient for now.

+ 24.9%

+ 5.4%

- 3.7%

Change in Closed Sales

Change in Median Sales Price

Change in Inventory

New Listings in the Greater Greenville region decreased 0.6 percent to 1,045. Pending Sales were down 38.8 percent to 366. Inventory levels shrank 3.7 percent to 5,743 units. Prices got a lift. The Median Sales Price increased 5.4 percent to $155,000. Days on Market was down 8.5 percent to 84 days. Absorption rates improved as Months Supply of Inventory was down 18.1 percent to 7.8 months. There's some evidence that it's not just first-time home buyers fueling the recovery. Move-up buyers are also pulling their weight. Some baby-boomers are ready to look for less space, nudging Junior out of the basement. The pizza boxes and late-night video games get old, plus there's a fresh crop of buyers looking for a bigger space to raise their own little darlings.

Market Overview New Listings Pending Sales Closed Sales Days On Market Until Sale Median Sales Price Average Sales Price Percent of List Price Received Housing Affordability Index Inventory of Homes for Sale Months Supply of Inventory

2 3 4 5 6 7 8 9 10 11 12

Click on desired metric to jump to that page.

FROMby THE GREATER GREENVILLE ASSOCIATION OF by REALTORS® MULTIPLE SERVICE All data from the Greater Greenville Association of REALTORS® Multiple Listing SAMPLE Service.DATA Provided South Carolina REALTORS®. Powered 10K Research and LISTING Marketing. | 1


Prudential

Market Overview

All American Homes

Key market metrics for the current month and year-to-date figures.

Key Metrics

Jay Dowdy - REALTORS®

Historical Sparklines

New Listings 9-2010

9-2011

9-2012

9-2011

9-2012

9-2011

9-2012

9-2011

9-2012

9-2011

9-2012

9-2011

9-2012

9-2011

9-2012

9-2011

9-2012

9-2011

9-2012

9-2011

9-2012

11,666

+ 7.0%

598

366

- 38.8%

6,116

7,063

+ 15.5%

614

767

+ 24.9%

5,738

7,240

+ 26.2%

92

84

- 8.5%

102

90

- 12.2%

$147,000

$155,000

+ 5.4%

$148,500

$155,000

+ 4.4%

$170,058

$182,975

+ 7.6%

$177,443

$183,447

+ 3.4%

96.1%

96.3%

+ 0.2%

95.4%

96.1%

+ 0.8%

183

163

- 10.8%

181

163

- 10.1%

5,964

5,743

- 3.7%

--

--

--

9.5

7.8

- 18.1%

--

--

--

9-2013

Months Supply of Homes for Sale 9-2010

10,906

9-2013

Inventory of Homes for Sale 9-2010

- 0.6%

9-2013

Housing Affordability Index 9-2010

1,045

9-2013

Percent of List Price Received 9-2010

1,051

9-2013

Average Sales Price 9-2010

+/–

9-2013

Median Sales Price 9-2010

YTD 2012 YTD 2013

9-2013

Days on Market Until Sale 9-2010

+/–

9-2013

Closed Sales 9-2010

9-2013

9-2013

Pending Sales 9-2010

9-2012

9-2013

SAMPLE DATA FROM THE GREATER GREENVILLE ASSOCIATION OF REALTORS® MULTIPLE LISTING SERVICE | 3 All data from the Greater Greenville Association of REALTORS® Multiple Listing Service. Provided by South Carolina REALTORS®. Powered by 10K Research and Marketing. | Click for Cover Page | 2


Prudential

New Listings

All American Homes

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

September

Year To Date 1,051

1,045

969

2011

Jay Dowdy - REALTORS®

10,962

+8.5%

-0.6%

2012

2013

10,906

11,666

-0.5%

+7.0%

2012

2013

2011

Month

Prior Year

Current Year

+/–

October

1,066

1,090

+2.3%

November

868

939

+8.2%

December

739

707

-4.3%

January

1,113

1,126

+1.2%

February

1,138

1,235

+8.5%

March

1,319

1,382

+4.8%

April

1,279

1,495

+16.9%

May

1,307

1,504

+15.1%

June

1,258

1,311

+4.2%

July

1,210

1,307

+8.0%

August

1,231

1,261

+2.4%

September

1,051

1,045

-0.6%

12-Month Avg

1,132

1,200

+6.1%

Historical New Listing Activity 2,000 1,800 1,600 1,400 1,200 1,000 800 600 1-2007

1-2008

1-2009

1-2010

1-2011

1-2012

1-2013

4 | SAMPLE DATA FROM THE GREATER GREENVILLE ASSOCIATION OF REALTORS® MULTIPLE LISTING SERVICE All data from the Greater Greenville Association of REALTORS® Multiple Listing Service. Provided by South Carolina REALTORS®. Powered by 10K Research and Marketing. | Click for Cover Page | 3


Prudential

Pending Sales

All American Homes

A count of the properties on which contracts have been accepted in a given month.

September

Jay Dowdy - REALTORS®

Year To Date 7,063

598 6,116 483

5,408 366

2011

+23.8%

-38.8%

2012

2013

Prior Year

Current Year

+/–

October

518

691

+33.4%

November

447

576

+28.9%

December

439

510

+16.2%

January

517

626

+21.1%

February

621

750

+20.8%

March

743

922

+24.1%

April

730

952

+30.4%

May

774

976

+26.1%

June

741

892

+20.4%

July

672

861

+28.1%

August

720

718

-0.3%

Month

+13.1%

+15.5%

2012

2013

2011

September

598

366

-38.8%

12-Month Avg

627

737

+17.6%

Historical Pending Sales Activity 1,200 1,100 1,000 900 800 700 600 500 400 300 200 1-2007

1-2008

1-2009

1-2010

1-2011

1-2012

1-2013

SAMPLE DATA FROM THE GREATER GREENVILLE ASSOCIATION OF REALTORS® MULTIPLE LISTING SERVICE | 5 All data from the Greater Greenville Association of REALTORS® Multiple Listing Service. Provided by South Carolina REALTORS®. Powered by 10K Research and Marketing. | Click for Cover Page | 4


Prudential

Closed Sales

All American Homes

A count of the actual sales that have closed in a given month.

September

Jay Dowdy - REALTORS®

Year To Date 7,240

767

589

2011

5,738

614

5,187

+4.2%

+24.9%

2012

2013

Prior Year

Current Year

+/–

October

489

683

+39.7%

November

506

633

+25.1%

December

504

640

+27.0%

January

427

512

+19.9%

February

473

542

+14.6%

March

627

751

+19.8%

April

617

827

+34.0%

May

687

966

+40.6%

June

759

953

+25.6%

July

754

994

+31.8%

August

780

928

+19.0%

Month

+10.6%

+26.2%

2012

2013

2011

September

614

767

+24.9%

12-Month Avg

603

766

+27.1%

Historical Closed Sales Activity 1,300 1,200 1,100 1,000 900 800 700 600 500 400 300 1-2007

1-2008

1-2009

1-2010

1-2011

1-2012

1-2013

6 | SAMPLE DATA FROM THE GREATER GREENVILLE ASSOCIATION OF REALTORS® MULTIPLE LISTING SERVICE All data from the Greater Greenville Association of REALTORS® Multiple Listing Service. Provided by South Carolina REALTORS®. Powered by 10K Research and Marketing. | Click for Cover Page | 5


Prudential

Days on Market Until Sale

All American Homes

Average number of days between when a property is listed and when an offer is accepted in a given month.

September

Jay Dowdy - REALTORS®

Year To Date

Month

114

112

102 92

90

84

2011

-17.8%

-8.5%

2012

2013

-10.2%

-12.2%

2012

2013

2011

Prior Year

Current Year

+/–

October

106

98

-7.9%

November

111

101

-8.4%

December

123

95

-22.7%

January

105

99

-6.0%

February

116

103

-11.1%

March

116

106

-8.2%

April

108

91

-15.7%

May

107

89

-16.9%

June

93

79

-15.4%

July

95

86

-9.5%

August

96

83

-13.8%

September

92

84

-8.5%

12-Month Avg

105

91

-12.5%

Historical Days on Market Until Sale 130

120

110

100

90

80

70 1-2007

1-2008

1-2009

1-2010

1-2011

1-2012

1-2013

SAMPLE DATA FROM THE GREATER GREENVILLE ASSOCIATION OF REALTORS® MULTIPLE LISTING SERVICE | 7 All data from the Greater Greenville Association of REALTORS® Multiple Listing Service. Provided by South Carolina REALTORS®. Powered by 10K Research and Marketing. | Click for Cover Page | 6


Prudential

Median Sales Price

All American Homes

Median price point for all closed sales, not accounting for seller concessions, in a given month.

September

$146,811

2011

Jay Dowdy - REALTORS®

Year To Date

$147,000

$155,000 $140,000

+0.1%

+5.4%

2012

2013

2011

Prior Year

Current Year

+/–

October

$143,610

$147,000

+2.4%

November

$138,000

$150,000

+8.7%

December

$135,000

$148,935

+10.3%

January

$144,400

$148,000

+2.5%

February

$135,000

$143,000

+5.9%

March

$144,000

$146,500

+1.7%

April

$141,000

$151,750

+7.6%

May

$144,700

$156,950

+8.5%

June

$159,900

$160,000

+0.1%

July

$156,000

$161,500

+3.5%

August

$156,500

$165,000

+5.4%

Month

$148,500

$155,000

+6.1%

+4.4%

2012

2013

September

$147,000

$155,000

+5.4%

12-Month Med

$146,500

$153,900

+5.1%

Historical Median Sales Price $165,000 $160,000 $155,000 $150,000 $145,000 $140,000 $135,000 $130,000 $125,000 $120,000 1-2007

1-2008

1-2009

1-2010

1-2011

1-2012

1-2013

8 | SAMPLE DATA FROM THE GREATER GREENVILLE ASSOCIATION OF REALTORS® MULTIPLE LISTING SERVICE All data from the Greater Greenville Association of REALTORS® Multiple Listing Service. Provided by South Carolina REALTORS®. Powered by 10K Research and Marketing. | Click for Cover Page | 7


Prudential

Average Sales Price

All American Homes

Average sales price for all closed sales, not accounting for seller concessions, in a given month.

September $177,658

2011

Jay Dowdy - REALTORS®

Year To Date $170,058

$182,975

- 4.3%

+ 7.6%

2012

2013

$171,369

2011

Prior Year

Current Year

October

$164,667

$179,087

+8.8%

November

$161,660

$185,751

+14.9%

December

$163,911

$179,435

+9.5%

January

$182,159

$170,673

-6.3%

February

$161,712

$165,305

+2.2%

March

$169,938

$171,851

+1.1%

April

$175,862

$178,373

+1.4%

May

$169,876

$190,099

+11.9%

June

$190,196

$186,156

-2.1%

July

$192,189

$194,092

+1.0%

August

$177,284

$194,229

+9.6%

Month

$177,443

$183,447

+ 3.5%

+ 3.4%

2012

2013

+/–

September

$170,058

$182,975

+7.6%

12-Month Avg

$174,555

$183,007

+4.8%

Historical Average Sales Price $200,000 $195,000 $190,000 $185,000 $180,000 $175,000 $170,000 $165,000 $160,000 $155,000 $150,000 1-2007

1-2008

1-2009

1-2010

1-2011

1-2012

1-2013

SAMPLE DATA FROM THE GREATER GREENVILLE ASSOCIATION OF REALTORS® MULTIPLE LISTING SERVICE | 9 All data from the Greater Greenville Association of REALTORS® Multiple Listing Service. Provided by South Carolina REALTORS®. Powered by 10K Research and Marketing. | Click for Cover Page | 8


Prudential

Percent of List Price Received

All American Homes

Percentage found when dividing a property’s sales price by its last list price, then taking the average for all properties sold in a given month, Jay not accounting for seller concessions.

September 94.9%

Year To Date 96.1%

96.3% 95.4%

94.6%

2011

+1.2%

+0.2%

2012

2013

2011

96.1%

+0.8%

+0.8%

2012

2013

Dowdy - REALTORS®

Month

Prior Year

Current Year

+/–

October

94.6%

95.2%

+0.7%

November

94.2%

95.6%

+1.5%

December

93.6%

95.2%

+1.7%

January

94.4%

95.4%

+1.1%

February

94.6%

95.8%

+1.2%

March

94.5%

96.5%

+2.1%

April

95.3%

95.9%

+0.6%

May

95.9%

95.7%

-0.2%

June

95.6%

96.3%

+0.7%

July

95.2%

96.5%

+1.4%

August

95.9%

96.3%

+0.5%

September

96.1%

96.3%

+0.2%

12-Month Avg

95.1%

96.0%

+0.9%

Historical Percent of List Price Received 98%

97%

96%

95%

94%

93%

92% 1-2007

1-2008

1-2009

1-2010

1-2011

1-2012

1-2013

10 | SAMPLE DATA FROM THE GREATER GREENVILLE ASSOCIATION OF REALTORS® MULTIPLE LISTING SERVICE All data from the Greater Greenville Association of REALTORS® Multiple Listing Service. Provided by South Carolina REALTORS®. Powered by 10K Research and Marketing. | Click for Cover Page | 9


Prudential

Housing Affordability Index

All American Homes

This index measures housing affordability for the region. An index of 120 means the median household income was 120% of what is necessary to qualify for the median-priced home under prevailing interest rates. A higher number means greater affordability.Jay

September 172

2011

Year To Date 183 163

+6.5%

-10.8%

2012

2013

163

2011

Prior Year

Current Year

+/–

October

173

182

+4.9%

November

180

180

-0.3%

December

183

182

-0.7%

January

175

184

+4.8%

Month 181

178

Dowdy - REALTORS®

+1.8%

-10.1%

2012

2013

February

186

185

-0.8%

March

176

181

+3.2%

April

181

179

-1.1%

May

180

169

-6.0%

June

167

157

-5.6%

July

172

157

-8.6%

August

171

153

-10.7%

September

183

163

-10.8%

12-Month Avg

177

173

-2.6%

Historical Housing Affordability Index 225

200

175

150

125 1-2007

1-2008

1-2009

1-2010

1-2011

1-2012

1-2013

SAMPLE DATA FROM THE GREATER GREENVILLE ASSOCIATION OF REALTORS® MULTIPLE LISTING SERVICE | 11 All data from the Greater Greenville Association of REALTORS® Multiple Listing Service. Provided by South Carolina REALTORS®. Powered by 10K Research and Marketing. | Click for Cover Page | 10


Prudential

Inventory of Homes for Sale

All American Homes

The number of properties available for sale in active status at the end of a given month.

Jay Dowdy - REALTORS®

September 6,756 5,964

2011

5,743

-11.7%

-3.7%

2012

2013

Month

Prior Year

Current Year

+/–

October

6,537

5,766

-11.8%

November

6,377

5,633

-11.7%

December

6,044

5,374

-11.1%

January

5,950

5,345

-10.2%

February

5,987

5,371

-10.3%

March

6,087

5,414

-11.1%

April

6,124

5,549

-9.4%

May

6,042

5,576

-7.7%

June

6,056

5,600

-7.5%

July

6,044

5,604

-7.3%

August

6,013

5,567

-7.4%

September

5,964

5,743

-3.7%

12-Month Avg

6,102

5,545

-9.1%

Historical Inventory of Homes for Sale 8,500 8,000 7,500 7,000 6,500 6,000 5,500 5,000 1-2007

1-2008

1-2009

1-2010

1-2011

1-2012

1-2013

12 | SAMPLE DATA FROM THE GREATER GREENVILLE ASSOCIATION OF REALTORS® MULTIPLE LISTING SERVICE All data from the Greater Greenville Association of REALTORS® Multiple Listing Service. Provided by South Carolina REALTORS®. Powered by 10K Research and Marketing. | Click for Cover Page | 11


Prudential

Months Supply of Inventory

All American Homes

The inventory of homes for sale at the end of a given month, divided by the average monthly pending sales from the last 12 months.

September 12.2 9.5 7.8

2011

-21.8%

-18.1%

2012

2013

Jay Dowdy - REALTORS®

Month

Prior Year

Current Year

+/–

October

11.6

9.0

-22.8%

November

11.3

8.6

-23.6%

December

10.6

8.2

-23.3%

January

10.4

8.0

-23.1%

February

10.4

7.9

-23.5%

March

10.5

7.8

-25.3%

April

10.4

7.8

-25.2%

May

10.1

7.7

-24.2%

June

10.0

7.6

-24.4%

July

9.9

7.4

-25.3%

August

9.7

7.4

-24.4%

September

9.5

7.8

-18.1%

12-Month Avg

10.4

7.9

-23.6%

Historical Months Supply of Inventory 15 14 13 12 11 10 9 8 7 6 1-2007

1-2008

1-2009

1-2010

1-2011

1-2012

1-2013

SAMPLE DATA FROM THE GREATER GREENVILLE ASSOCIATION OF REALTORS® MULTIPLE LISTING SERVICE | 13 All data from the Greater Greenville Association of REALTORS® Multiple Listing Service. Provided by South Carolina REALTORS®. Powered by 10K Research and Marketing. | Click for Cover Page | 12


Prudential

Closed Sales

All American Homes

A count of the actual sales that have closed. Based on a rolling 12-month total.

Jay Dowdy - REALTORS速

By Price Range 9-2012

By Bedroom Count

9-2013

9-2012

By Property Type 9-2012

9-2013

8,514

2,823 4,968

2,286

6,730 2,057

1,484

3,915

1,857

1,801 1,332

9-2013

3,258 1,359

2,516

746

688

804

967 682

507

+ 11.4%

+ 8.4%

+ 26.9%

+ 36.6%

+ 37.2%

+ 20.3%

+ 26.9%

+ 29.5%

+ 26.5%

+ 34.5%

$75,000 and Below

$75,001 to $100,000

$100,001 to $150,000

$150,001 to $200,000

$200,001 and Above

2 Bedrooms or Less

3 Bedrooms

4 Bedrooms or More

Single-Family Homes

Condos

All Properties By Price Range $75,000 and Below

Single-Family Homes

Condos

9-2012

9-2013

Change

9-2012

9-2013

Change

9-2012

9-2013

Change

1,332

1,484

+ 11.4%

1,227

1,378

+ 12.3%

105

106

+ 1.0%

$75,001 to $100,000

688

746

+ 8.4%

600

642

+ 7.0%

88

104

+ 18.2%

$100,001 to $150,000

1,801

2,286

+ 26.9%

1,657

2,086

+ 25.9%

144

200

+ 38.9%

$150,001 to $200,000

1,359

1,857

+ 36.6%

1,294

1,734

+ 34.0%

65

123

+ 89.2%

$200,001 and Above

2,057

2,823

+ 37.2%

1,952

2,674

+ 37.0%

105

149

+ 41.9%

All Price Ranges

7,237

9,196

+ 27.1%

6,730

8,514

+ 26.5%

507

682

+ 34.5%

9-2012

9-2013

Change

9-2012

9-2013

Change

9-2012

9-2013

Change

804

967

+ 20.3%

532

635

+ 19.4%

272

332

+ 22.1%

3,915

4,968

+ 26.9%

3,703

4,636

+ 25.2%

212

332

+ 56.6%

By Bedroom Count 2 Bedrooms or Less 3 Bedrooms 4 Bedrooms or More

2,516

3,258

+ 29.5%

2,494

3,240

+ 29.9%

22

18

- 18.2%

All Bedroom Counts

7,237

9,196

+ 27.1%

6,730

8,514

+ 26.5%

507

682

+ 34.5%

14 | SAMPLE DATA FROM THE GREATER GREENVILLE ASSOCIATION OF REALTORS速 MULTIPLE LISTING SERVICE

All data from the Greater Greeville Association of REALTORS速 Multiple Listing Service. Provided by South Carolina REALTORS速. Powered by 10K Research and Marketing. | Click for Cover Page | 2


Prudential

Days on Market Until Sale

All American Homes

Average number of days between when a property is listed and when an offer is accepted. Based on a rolling 12-month average.

Jay Dowdy - REALTORS速

By Price Range 9-2012

By Bedroom Count

9-2013

9-2012

122

91

93

101

101 88

9-2012

9-2013 146

122

113 97

By Property Type

9-2013

109 98

104

101

94

87

82

104

101 91

+ 2.2%

- 20.0%

- 13.0%

- 18.5%

- 13.1%

- 10.9%

- 14.3%

- 9.9%

- 10.8%

- 28.6%

$75,000 and Below

$75,001 to $100,000

$100,001 to $150,000

$150,001 to $200,000

$200,001 and Above

2 Bedrooms or Less

3 Bedrooms

4 Bedrooms or More

Single-Family Homes

Condos

All Properties By Price Range $75,000 and Below

Single-Family Homes

Condos

9-2012

9-2013

Change

9-2012

9-2013

Change

9-2012

9-2013

Change

91

93

+ 2.2%

88

92

+ 4.2%

130

114

- 12.3%

$75,001 to $100,000

122

97

- 20.0%

119

93

- 21.6%

140

124

- 11.7%

$100,001 to $150,000

101

88

- 13.0%

97

87

- 9.9%

143

90

- 37.1%

$150,001 to $200,000

101

82

- 18.5%

100

83

- 17.5%

118

77

- 34.4%

$200,001 and Above

113

98

- 13.1%

109

97

- 11.2%

187

125

- 33.5%

All Price Ranges

105

91

- 12.5%

101

91

- 10.8%

146

104

- 28.6%

9-2012

9-2013

Change

9-2012

9-2013

Change

9-2012

9-2013

Change

2 Bedrooms or Less

122

109

- 10.9%

108

106

- 1.5%

151

115

- 24.0%

3 Bedrooms

101

87

- 14.3%

99

86

- 12.5%

143

91

- 36.0%

4 Bedrooms or More

104

94

- 9.9%

104

93

- 10.1%

108

141

+ 31.1%

All Bedroom Counts

105

91

- 12.5%

101

91

- 10.8%

146

104

- 28.6%

By Bedroom Count

SAMPLE DATA FROM THE GREATER GREENVILLE ASSOCIATION OF REALTORS速 MULTIPLE LISTING SERVICE | 15

All data from the Greater Greeville Association of REALTORS速 Multiple Listing Service. Provided by South Carolina REALTORS速. Powered by 10K Research and Marketing. | Click for Cover Page | 3


Prudential

Median Sales Price

All American Homes

Median price point for all closed sales, not accounting for seller concessions. Based on a rolling 12-month median.

Jay Dowdy - REALTORS速

By Bedroom Count 9-2012

By Property Type 9-2012

9-2013

$214,950

9-2013

$223,000 $146,500

$153,900

$148,900

$155,000 $133,400

$123,400 $128,500

$77,800

$134,000

$82,000

+ 5.4%

+ 4.3%

+ 3.7%

2 Bedrooms or Less

3 Bedrooms

4 Bedrooms or More

+ 5.1%

All Properties

+ 4.1%

All Properties p

Single-Family g y Homes

Single-Family Homes

+ 8.1% Condos

Condos

By Bedroom Count

9-2012

9-2013

Change

9-2012

9-2013

Change

9-2012

9-2013

Change

2 Bedrooms or Less

$77,800

$82,000

+ 5.4%

$62,000

$65,500

+ 5.6%

$99,000

$110,000

+ 11.1%

3 Bedrooms

$128,500

$134,000

+ 4.3%

$128,000

$133,000

+ 3.9%

$134,450

$144,500

+ 7.5%

4 Bedrooms or More

$214,950

$223,000

+ 3.7%

$215,000

$223,000

+ 3.7%

$152,450

$166,788

+ 9.4%

All Bedroom Counts

$146,500

$153,900

+ 5.1%

$148,900

$155,000

+ 4.1%

$123,400

$133,400

+ 8.1%

16 | SAMPLE DATA FROM THE GREATER GREENVILLE ASSOCIATION OF REALTORS速 MULTIPLE LISTING SERVICE

All data from the Greater Greeville Association of REALTORS速 Multiple Listing Service. Provided by South Carolina REALTORS速. Powered by 10K Research and Marketing. | Click for Cover Page | 4


Prudential

Percent of List Price Received Percentage found when dividing a property’s sales price by its last list price, then taking the average for all properties sold, not accounting for seller concessions. Based on a rolling 12-month average.

By Price Range 9-2012

All American Homes Jay Dowdy - REALTORS®

By Bedroom Count

9-2013

9-2012

96.4%

96.9%

96.7%

97.4%

95.2% 95.4%

By Property Type 9-2012

9-2013 96.6%

96.8%

96.1%

96.0%

9-2013 96.0%

95.9%

95.7%

95.1%

93.3%

91.3% 90.2%

95.1%

92.5%

94.8%

+ 1.2%

+ 0.2%

+ 0.5%

+ 0.7%

+ 0.8%

+ 0.9%

+ 1.1%

+ 0.7%

+ 0.9%

+ 0.9%

$75,000 and Below

$75,001 to $100,000

$100,001 to $150,000

$150,001 to $200,000

$200,001 and Above

2 Bedrooms or Less

3 Bedrooms

4 Bedrooms or More

Single-Family Homes

Condos

All Properties

Single-Family Homes

Condos

By Price Range

9-2012

9-2013

Change

9-2012

9-2013

Change

9-2012

9-2013

Change

$75,000 and Below

90.2%

91.3%

+ 1.2%

90.1%

91.1%

+ 1.1%

92.0%

92.6%

+ 0.7%

$75,001 to $100,000

95.2%

95.4%

+ 0.2%

95.3%

95.4%

+ 0.1%

94.8%

95.0%

+ 0.2%

$100,001 to $150,000

96.4%

96.9%

+ 0.5%

96.5%

96.9%

+ 0.4%

95.9%

96.9%

+ 1.0%

$150,001 to $200,000

96.7%

97.4%

+ 0.7%

96.8%

97.5%

+ 0.7%

94.9%

96.7%

+ 1.9%

$200,001 and Above

96.0%

96.8%

+ 0.8%

96.0%

96.8%

+ 0.8%

96.0%

96.2%

+ 0.2%

All Price Ranges

95.1%

96.0%

+ 0.9%

95.1%

96.0%

+ 0.9%

94.8%

95.7%

+ 0.9%

By Bedroom Count

9-2012

9-2013

Change

9-2012

9-2013

Change

9-2012

9-2013

Change

2 Bedrooms or Less

92.5%

93.3%

+ 0.9%

91.6%

92.5%

+ 1.0%

94.3%

94.8%

+ 0.5%

3 Bedrooms

95.1%

96.1%

+ 1.1%

95.1%

96.0%

+ 0.9%

95.6%

96.8%

+ 1.3%

4 Bedrooms or More

95.9%

96.6%

+ 0.7%

95.9%

96.6%

+ 0.7%

95.1%

94.5%

- 0.6%

All Bedroom Counts

95.1%

96.0%

+ 0.9%

95.1%

96.0%

+ 0.9%

94.8%

95.7%

+ 0.9%

SAMPLE DATA FROM THE GREATER GREENVILLE ASSOCIATION OF REALTORS® MULTIPLE LISTING SERVICE | 17

All data from the Greater Greeville Association of REALTORS® Multiple Listing Service. Provided by South Carolina REALTORS®. Powered by 10K Research and Marketing. | Click for Cover Page | 5


Prudential

Inventory of Homes for Sale

All American Homes

The number of properties available for sale in active status at the end of the most recent month. Based on one month of activity.

Jay Dowdy - REALTORS速

By Price Range 9-2012

By Bedroom Count

9-2013

9-2012

2,355

2,489

By Property Type

9-2013

2,895

790

601

1,132

1,064

5,484

5,331

2,232

1,074 761

552

9-2013

2,850 2,308

1,203

9-2012

447

660 480

412

- 23.9%

- 19.0%

- 5.9%

+ 0.9%

+ 5.7%

- 13.3%

- 1.6%

- 3.3%

- 2.8%

- 14.2%

$75,000 and Below

$75,001 to $100,000

$100,001 to $150,000

$150,001 to $200,000

$200,001 and Above

2 Bedrooms or Less

3 Bedrooms

4 Bedrooms or More

Single-Family Homes

Condos

All Properties By Price Range $75,000 and Below

Single-Family Homes

Condos

9-2012

9-2013

Change

9-2012

9-2013

Change

9-2012

9-2013

Change

790

601

- 23.9%

726

544

- 25.1%

64

57

- 10.9%

$75,001 to $100,000

552

447

- 19.0%

463

377

- 18.6%

89

70

- 21.3%

$100,001 to $150,000

1,203

1,132

- 5.9%

1,069

1,021

- 4.5%

134

111

- 17.2%

$150,001 to $200,000

1,064

1,074

+ 0.9%

997

1,002

+ 0.5%

67

72

+ 7.5%

$200,001 and Above

2,355

2,489

+ 5.7%

2,229

2,387

+ 7.1%

126

102

- 19.0%

All Price Ranges

5,964

5,743

- 3.7%

5,484

5,331

- 2.8%

480

412

- 14.2%

9-2012

9-2013

Change

9-2012

9-2013

Change

9-2012

9-2013

Change

761

660

- 13.3%

493

450

- 8.7%

268

210

- 21.6%

2,895

2,850

- 1.6%

2,706

2,669

- 1.4%

189

181

- 4.2%

By Bedroom Count 2 Bedrooms or Less 3 Bedrooms 4 Bedrooms or More

2,308

2,232

- 3.3%

2,285

2,211

- 3.2%

23

21

- 8.7%

All Bedroom Counts

5,964

5,743

- 3.7%

5,484

5,331

- 2.8%

480

412

- 14.2%

18 | SAMPLE DATA FROM THE GREATER GREENVILLE ASSOCIATION OF REALTORS速 MULTIPLE LISTING SERVICE

All data from the Greater Greeville Association of REALTORS速 Multiple Listing Service. Provided by South Carolina REALTORS速. Powered by 10K Research and Marketing. | Click for Cover Page | 6


Prudential

Months Supply of Inventory

All American Homes

The inventory of homes for sale at the end of the most recent month, based on one month of activity, divided by the average monthly pending sales from the last 12 months.

By Price Range 9-2012

Jay Dowdy - REALTORS速

By Bedroom Count

9-2013

9-2012

10.7 9.1 7.1

7.8 6.4

9-2013 10.5

10.4 9.4 8.5

8.8

7.8

9-2012

10.9

12.4

By Property Type

9-2013

8.7

8.6

7.8

7.2

7.6

7.0

5.4

- 30.4%

- 22.1%

- 18.6%

- 19.9%

- 13.6%

- 22.0%

- 17.3%

- 17.6%

- 17.2%

- 27.9%

$75,000 and Below

$75,001 to $100,000

$100,001 to $150,000

$150,001 to $200,000

$200,001 and Above

2 Bedrooms or Less

3 Bedrooms

4 Bedrooms or More

Single-Family Homes

Condos

All Properties By Price Range

Single-Family Homes

Condos

9-2012

9-2013

Change

9-2012

9-2013

Change

9-2012

9-2013

Change

$75,000 and Below

7.8

5.4

- 30.4%

7.8

5.2

- 32.5%

8.0

8.0

- 0.6%

$75,001 to $100,000

9.1

7.1

- 22.1%

8.9

6.8

- 22.9%

11.0

9.2

- 16.2%

$100,001 to $150,000

7.8

6.4

- 18.6%

7.6

6.3

- 16.5%

10.3

6.6

- 36.0%

$150,001 to $200,000

8.8

7.0

- 19.9%

8.7

7.1

- 19.2%

9.6

6.7

- 30.0%

$200,001 and Above

12.4

10.7

- 13.6%

12.4

10.8

- 12.4%

13.1

8.5

- 35.4%

9.5

7.8

- 18.1%

9.4

7.8

- 17.2%

10.5

7.6

- 27.9%

9-2012

9-2013

Change

9-2012

9-2013

Change

9-2012

9-2013

Change

2 Bedrooms or Less

10.9

8.5

- 22.0%

10.8

8.9

- 18.0%

11.2

7.9

- 29.5%

3 Bedrooms

8.7

7.2

- 17.3%

8.6

7.2

- 16.4%

9.6

6.8

- 28.9%

4 Bedrooms or More

10.4

8.6

- 17.6%

10.4

8.5

- 17.9%

9.6

14.0

+ 46.1%

All Bedroom Counts

9.5

7.8

- 18.1%

9.4

7.8

- 17.2%

10.5

7.6

- 27.9%

All Price Ranges

By Bedroom Count

SAMPLE DATA FROM THE GREATER GREENVILLE ASSOCIATION OF REALTORS速 MULTIPLE LISTING SERVICE | 19

All data from the Greater Greeville Association of REALTORS速 Multiple Listing Service. Provided by South Carolina REALTORS速. Powered by 10K Research and Marketing. | Click for Cover Page | 7


Market Trends Fayetteville - October 2014

Prudential

Jay Dowdy

All American Homes Jay Dowdy - REALTORS速

Broker/Owner

6432 Yadkin Road (910) 864-6298

6920 Cliffdale Road (910) 868-1976

Waldos Beach Rd Jack Britt Food Lion (910) 223-7620 New Homes Sales Center


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