Page 1

Market Dynamics

Prepared For

Malibu Condominiums, California 90265

Rita Simpson The MLS/CLAW™

Clarus MarketMetrics®

04/03/2011 Information not guaranteed. © 2009-2010 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

1 of 19


Rita Simpson

The MLS/CLAW™

Median Sold Price by Quarter Q1 2008 vs. Q1 2011: The median sold price is down 66%

Q1 2008 vs. Q1 2011 Q1 2008 1,410,000 MLS: CLAW

Period:

Property Types:

Condominium

Cities:

Malibu

Clarus MarketMetrics®

3 years (quarterly)

Q1 2011 482,500 Price:

All

Change -927,500 Construction Type:

All

% -66% Bedrooms:

All

Bathrooms:

All

Lot Size: All Sq Ft:

1 of 2

All

04/03/2011

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

2 of 19


Rita Simpson

The MLS/CLAW™

Median Sold Price by Quarter Q1 2008 vs. Q1 2011: The median sold price is down 66%

Time Period

Median Price

# Units

Average DOM

Q1 2011

482,500

12

122

Q4 2010

605,000

8

283

Q3 2010

457,500

8

72

Q2 2010

550,000

16

102

Q1 2010

800,000

9

108

Q4 2009

680,000

9

127

Q3 2009

1,263,000

6

69

Q2 2009

1,068,350

10

125

Q1 2009

936,000

4

198

Q4 2008

1,030,000

5

74

Q3 2008

1,165,000

11

108

Q2 2008

882,500

4

250

Q1 2008

1,410,000

6

138

Clarus MarketMetrics®

2 of 2

04/03/2011

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

3 of 19


Rita Simpson

The MLS/CLAW™

Median For Sale vs. Median Sold Q1 08 vs. Q1 11: The median price of for sale properties is down 25% and the median price of sold properties is down 66%

Q1 2008 vs. Q1 2011 Q1 2008 1,148,000

Q1 2011 863,000

MLS: CLAW

Period:

Property Types:

Condominium

Cities:

Malibu

Clarus MarketMetrics®

Q1 2008 vs. Q1 2011

Change -285,000

3 years (quarterly)

Price:

% -25% All

Q1 2008 1,410,000 Construction Type:

All

Bedrooms:

All

Q1 2011 482,500 Bathrooms:

All

Change -927,500 Lot Size: All Sq Ft:

1 of 2

% -66%

All

04/03/2011

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

4 of 19


Rita Simpson

The MLS/CLAW™

Median For Sale vs. Median Sold Q1 08 vs. Q1 11: The median price of for sale properties is down 25% and the median price of sold properties is down 66% For Sale Median

# Properties For Sale

Sold Median

# Properties Sold

Price Difference

Q1 2011

863,000

72

482,500

12

-380,500

Q4 2010

869,000

79

605,000

8

-264,000

Q3 2010

817,500

90

457,500

8

-360,000

Q2 2010

812,000

104

550,000

16

-262,000

Q1 2010

834,000

116

800,000

9

-34,000

Q4 2009

899,000

123

680,000

9

-219,000

Q3 2009

925,000

141

1,263,000

6

338,000

Q2 2009

949,000

142

1,068,350

10

119,350

Q1 2009

1,050,000

122

936,000

4

-114,000

Q4 2008

1,050,000

117

1,030,000

5

-20,000

Q3 2008

995,000

143

1,165,000

11

170,000

Q2 2008

995,000

134

882,500

4

-112,500

Q1 2008

1,148,000

119

1,410,000

6

262,000

Time Period

Clarus MarketMetrics®

2 of 2

04/03/2011

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

5 of 19


Rita Simpson

The MLS/CLAW™

Sold Properties by Quarter Q1 2008 vs. Q1 2011: The number of Sold properties is up 100%

Q1 2008 vs. Q1 2011 Q1 2008 6 MLS: CLAW

Period:

Property Types:

Condominium

Cities:

Malibu

Clarus MarketMetrics®

3 years (quarterly)

Q1 2011 12 Price:

All

Change 6 Construction Type:

All

% +100% Bedrooms:

All

Bathrooms:

All

Lot Size: All Sq Ft:

1 of 2

All

04/03/2011

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

6 of 19


Rita Simpson

The MLS/CLAW™

Sold Properties by Quarter Q1 2008 vs. Q1 2011: The number of Sold properties is up 100%

Time Period

# Properties

Median Price

Average DOM

Q1 2011

12

482,500

122

Q4 2010

8

605,000

283

Q3 2010

8

457,500

72

Q2 2010

16

550,000

102

Q1 2010

9

800,000

108

Q4 2009

9

680,000

127

Q3 2009

6

1,263,000

69

Q2 2009

10

1,068,350

125

Q1 2009

4

936,000

198

Q4 2008

5

1,030,000

74

Q3 2008

11

1,165,000

108

Q2 2008

4

882,500

250

Q1 2008

6

1,410,000

138

Clarus MarketMetrics®

2 of 2

04/03/2011

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

7 of 19


Rita Simpson

The MLS/CLAW™

Under Contract Properties by Quarter Q1 2008 vs. Q1 2011: The number of Under Contract properties is up 60%

Q1 2008 vs. Q1 2011 Q1 2008 5 MLS: CLAW

Period:

Property Types:

Condominium

Cities:

Malibu

Clarus MarketMetrics®

3 years (quarterly)

Q1 2011 8 Price:

All

Change 3 Construction Type:

All

% +60% Bedrooms:

All

Bathrooms:

All

Lot Size: All Sq Ft:

1 of 2

All

04/03/2011

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

8 of 19


Rita Simpson

The MLS/CLAW™

Under Contract Properties by Quarter Q1 2008 vs. Q1 2011: The number of Under Contract properties is up 60%

Time Period

# Properties

Median Price

Q1 2011

8

974,500

91

Q4 2010

11

590,000

193

Q3 2010

6

562,000

235

Q2 2010

16

664,500

90

Q1 2010

13

650,000

103

Q4 2009

8

762,500

124

Q3 2009

7

965,250

80

Q2 2009

10

1,147,450

120

Q1 2009

5

1,150,000

123

Q4 2008

3

845,000

140

Q3 2008

11

1,085,000

104

Q2 2008

7

1,050,000

164

Q1 2008

5

1,495,000

191

Clarus MarketMetrics®

Average DOM

2 of 2

04/03/2011

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

9 of 19


Rita Simpson

The MLS/CLAW™

New Properties by Quarter Q1 2008 vs. Q1 2011: The number of New properties is down 25%

Q1 2008 vs. Q1 2011 Q1 2008 36 MLS: CLAW

Period:

Property Types:

Condominium

Cities:

Malibu

Clarus MarketMetrics®

3 years (quarterly)

Q1 2011 27 Price:

All

Change -9 Construction Type:

All

% -25% Bedrooms:

All

Bathrooms:

All

Lot Size: All Sq Ft:

1 of 2

All

04/03/2011

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

10 of 19


Rita Simpson

The MLS/CLAW™

New Properties by Quarter Q1 2008 vs. Q1 2011: The number of New properties is down 25%

Time Period

# Properties

Median Price

Q1 2011

27

749,000

Q4 2010

15

869,000

Q3 2010

25

939,000

Q2 2010

27

795,000

Q1 2010

37

729,000

Q4 2009

26

909,000

Q3 2009

35

875,000

Q2 2009

46

887,000

Q1 2009

42

947,000

Q4 2008

23

1,100,000

Q3 2008

34

1,067,500

Q2 2008

44

857,000

Q1 2008

36

1,046,500

Clarus MarketMetrics®

2 of 2

04/03/2011

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

11 of 19


Rita Simpson

The MLS/CLAW™

For Sale Properties by Quarter Q1 2008 vs. Q1 2011: The number of For Sale properties is down 39%

Q1 2008 vs. Q1 2011 Q1 2008 119 MLS: CLAW

Period:

Property Types:

Condominium

Cities:

Malibu

Clarus MarketMetrics®

3 years (quarterly)

Q1 2011 72 Price:

All

Change -47 Construction Type:

All

% -39% Bedrooms:

All

Bathrooms:

All

Lot Size: All Sq Ft:

1 of 2

All

04/03/2011

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

12 of 19


Rita Simpson

The MLS/CLAW™

For Sale Properties by Quarter Q1 2008 vs. Q1 2011: The number of For Sale properties is down 39%

Time Period

# Properties

Median Price

Average DOM

Q1 2011

72

863,000

178

Q4 2010

79

869,000

226

Q3 2010

90

817,500

250

Q2 2010

104

812,000

233

Q1 2010

116

834,000

230

Q4 2009

123

899,000

253

Q3 2009

141

925,000

249

Q2 2009

142

949,000

258

Q1 2009

122

1,050,000

268

Q4 2008

117

1,050,000

296

Q3 2008

143

995,000

260

Q2 2008

134

995,000

260

Q1 2008

119

1,148,000

260

Clarus MarketMetrics®

2 of 2

04/03/2011

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

13 of 19


Rita Simpson

The MLS/CLAW™

Expired Properties by Quarter Q1 2008 vs. Q1 2011: The number of Expired properties is down 12%

Q1 2008 vs. Q1 2011 Q1 2008 24 MLS: CLAW

Period:

Property Types:

Condominium

Cities:

Malibu

Clarus MarketMetrics®

3 years (quarterly)

Q1 2011 21 Price:

All

Change -3 Construction Type:

All

% -12% Bedrooms:

All

Bathrooms:

All

Lot Size: All Sq Ft:

1 of 2

All

04/03/2011

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

14 of 19


Rita Simpson

The MLS/CLAW™

Expired Properties by Quarter Q1 2008 vs. Q1 2011: The number of Expired properties is down 12%

Time Period

# Properties

Median Price

Average DOM

Q1 2011

21

825,000

118

Q4 2010

23

930,000

176

Q3 2010

20

797,000

234

Q2 2010

23

950,000

169

Q1 2010

26

897,000

168

Q4 2009

36

940,000

226

Q3 2009

37

1,029,000

196

Q2 2009

26

847,000

176

Q1 2009

21

1,398,000

166

Q4 2008

34

824,500

261

Q3 2008

38

924,000

152

Q2 2008

18

1,047,000

147

Q1 2008

24

1,124,000

157

Clarus MarketMetrics®

2 of 2

04/03/2011

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

15 of 19


Rita Simpson

The MLS/CLAW™

Supply & Demand by Quarter Q1 2008 vs. Q1 2011: The number of for sale properties is down 39% and the number of sold properties is up 100%

Q1 2008 vs. Q1 2011 Q1 2008 119

Q1 2011 72

MLS: CLAW

Period:

Property Types:

Condominium

Cities:

Malibu

Clarus MarketMetrics®

Q1 2008 vs. Q1 2011

Change -47

3 years (quarterly)

Price:

% -39% All

Q1 2008 6 Construction Type:

All

Bedrooms:

All

Q1 2011 12 Bathrooms:

All

Change 6 Lot Size: All Sq Ft:

1 of 2

% +100%

All

04/03/2011

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

16 of 19


Rita Simpson

The MLS/CLAW™

Supply & Demand by Quarter Q1 2008 vs. Q1 2011: The number of for sale properties is down 39% and the number of sold properties is up 100% # Properties For Sale

Average DOM For Sale

# Properties Sold

Average DOM Sold

Q1 2011

72

178

12

122

Q4 2010

79

226

8

283

Q3 2010

90

250

8

72

Q2 2010

104

233

16

102

Q1 2010

116

230

9

108

Q4 2009

123

253

9

127

Q3 2009

141

249

6

69

Q2 2009

142

258

10

125

Q1 2009

122

268

4

198

Q4 2008

117

296

5

74

Q3 2008

143

260

11

108

Q2 2008

134

260

4

250

Q1 2008

119

260

6

138

Time Period

Clarus MarketMetrics®

2 of 2

04/03/2011

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

17 of 19


Rita Simpson

The MLS/CLAW™

The Average Days on Market by Quarter Q1 2008 vs. Q1 2011: The average days on market is down 53%

Q1 2008 vs. Q1 2011 Q1 2008 191 MLS: CLAW

Period:

Property Types:

Condominium

Cities:

Malibu

Clarus MarketMetrics®

3 years (quarterly)

Q1 2011 91 Price:

All

Change -100 Construction Type:

All

% -53% Bedrooms:

All

Bathrooms:

All

Lot Size: All Sq Ft:

1 of 2

All

04/03/2011

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

18 of 19


Rita Simpson

The MLS/CLAW™

The Average Days on Market by Quarter Q1 2008 vs. Q1 2011: The average days on market is down 53%

Time Period

Average DOM

# UC Units

Q1 2011

91

8

Q4 2010

193

11

Q3 2010

235

6

Q2 2010

90

16

Q1 2010

103

13

Q4 2009

124

8

Q3 2009

80

7

Q2 2009

120

10

Q1 2009

123

5

Q4 2008

140

3

Q3 2008

104

11

Q2 2008

164

7

Q1 2008

191

5

Clarus MarketMetrics®

2 of 2

04/03/2011

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

19 of 19

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