November 2012 MLS Statistics

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November 2012 MLS Statistics

  1. 1. November 2012 Area Delimited by Entire OK State MLS - Single-Family Property TypeAbsorption: Last 12 months, an Average of 3,380 Sales/Month NOVEMBER Market ActivityActive Inventory as of November 30, 2012 = 21,320 2011 2012 +/-%Closed Listings 2,644 3,107 17.51%Pending Listings 2,663 2,970 11.53%New Listings 4,716 4,597 -2.52%Average List Price 150,871 168,697 11.82%Average Sale Price 144,598 163,143 12.83% Closed (10.30%)Average Percent of List Price to Selling Price 95.83% 96.91% 1.13% Pending (9.85%)Average Days on Market to Sale 88.84 80.02 -9.92% Other OffMarket (9.17%)End of Month Inventory 24,978 21,320 -14.64% Active (70.68%)Months Supply of Inventory 8.51 6.31 -25.86% Report Produced on: Dec 14, 2012Monthly Inventory Analysis Data from the The Oklahoma Association of REALTORS® Analysis Wrap-Up Whats in this Issue Months Supply of Inventory (MSI) Decreases Closed Listings 1 The total housing inventory at the end of November 2012 Pending Listings 2 decreased 14.64% to 21,320 existing homes available for sale. New Listings 3 Over the last 12 months this area has had an average of 3,380 Inventory 4 closed sales per month. This represents an unsold inventory Months Supply of Inventory 5 index of 6.31 MSI for this period. Average Days on Market to Sale 6 Average Sale Prices Going Up Average List Price at Closing 7 According to the preliminary trends, this market area has Average Sale Price at Closing 8 experienced some upward momentum with the increase of Average Price this month. Prices went up 12.83% in November Average Percent of List Price to Selling Price 9 2012 to $163,143 versus the previous year at $144,598. Market Summary 10 Average Days on Market Shortens Real Estate is Local The average number of 80.02 days that homes spent on the market before selling decreased by 8.81 days or 9.92% in Consumers Should Consult with a REALTOR® November 2012 compared to last year’s same month at 88.84 Buying or selling real estate, for a majority of consumers, is DOM. one of the most important decisions they will make. Choosing a Sales Success for November 2012 is Positive real estate professional continues to be a vital part of this process. Overall, with Average Prices going up and Days on Market decreasing, the Listed versus Closed Ratio finished strong this Identify a Professional to Manage the Procedure month. REALTORS® are well-informed about critical factors that affect There were 4,597 New Listings in November 2012, down your specific market area - such as changes in market 2.52% from last year at 4,716. Furthermore, there were 3,107 conditions, consumer attitudes and interest rates. Closed Listings this month versus last year at 2,644, a 17.51% Are You Ready to Buy or Sell Real Estate? increase. For more information, contact: Closed versus Listed trends yielded a 67.6% ratio, up from last year’s November 2012 at 56.1%, a 20.55% upswing. This will Steve Reese - Vice President, Marketing certainly create pressure on a decreasing Month’s Supply of 405-848-9944 Inventory (MSI) in the following months to come. steve@oklahomarealtors.com Or visit: www.OklahomaRealtors.comReports produced and compiled by RE STATS Inc. Information is deemed reliable but not guaranteed. Does not reflect all market activity.
  2. 2. Monthly Inventory Analysis Data from the The Oklahoma Association of REALTORS® November 2012 Closed Sales as of Dec 12, 2012Closed Listings Report Produced on: Dec 14, 2012Area Delimited by Entire OK State MLS - Single-Family Property Type NOVEMBER YEAR TO DATE (YTD) 2008 2009 2010 2011 2012 2008 2009 2010 2011 2012 3,332 3,107 37,695 37,665 35,755 2,644 32,692 2,359 2,295 32,007 1 Year 1 Year +17.51% +15.21% 2 Year 2 Year +35.38% +17.68% 5 YEAR MARKET ACTIVITY TRENDS 5yr NOV AVG = 2,747 3 MONTHS 5,000 High S 3,186 Jul 2008 = 4,201 E 4,000 Low P 3,000 Jan 2010 = 1,722 O 3,470 C Closed Listings 2,000 Closed Listings this T 8.91% 1,000 month at 3,107, above the 5 yr NOV N 3,107 O 0 Jun 2008Dec 2008Jun 2009Dec 2009Jun 2010Dec 2010Jun 2011Dec 2011Jun 2012 average of 2,747 V -10.46% CLOSED LISTINGS & BEDROOMS DISTRIBUTION BY PRICE Distribution of Closed Listings by Price Range % AVDOM 2 Beds 3 Beds 4 Beds 5 Beds+ $25,000 and less 136 4.38% 70.1 67 57 10 2 $25,001 $75,000 549 17.67% 82.1 195 313 40 1 $75,001 $100,000 356 11.46% 77.4 95 235 25 1 $100,001 Contact an experienced REALTOR Ready to Buy or Sell Real Estate? $150,000 756 24.33% 72.7 127 522 103 4 $150,001 $200,000 559 17.99% 93.8 74 323 153 9 $200,001 $275,000 402 12.94% 72.6 49 152 189 12 $275,001 and up 349 11.23% 85.8 33 88 179 49 Total Closed Units: 3,107 80.0 640 1690 699 78 Total Closed Volume: 506,886,749 71.81M 229.12M 166.60M 39.35M Average Closed Price: $163,143 $112,201 $135,575 $238,344 $504,539Reports produced and compiled by RE STATS Inc. Information is deemed reliable but not guaranteed. Does not reflect all market activity. pp. 1Steve Reese 405-848-9944 steve@oklahomarealtors.com
  3. 3. Monthly Inventory Analysis Data from the The Oklahoma Association of REALTORS® November 2012 Pending Listings as of Dec 12, 2012Pending Listings Report Produced on: Dec 14, 2012Area Delimited by Entire OK State MLS - Single-Family Property Type NOVEMBER YEAR TO DATE (YTD) 2008 2009 2010 2011 2012 2008 2009 2010 2011 2012 2,970 39,362 2,663 37,399 36,391 2,131 2,248 2,172 32,287 33,773 1 Year 1 Year +11.53% +16.55% 2 Year 2 Year +36.74% +21.91% 5 YEAR MARKET ACTIVITY TRENDS 5yr NOV AVG = 2,437 3 MONTHS 5,000 High S 3,158 Apr 2010 = 4,934 E 4,000 Low P 3,000 Dec 2009 = 2,036 O 3,449 C Pending Listings 2,000 Pending Listingsthis T 9.21% 1,000 month at 2,970, above the 5 yr NOV N 2,970 O 0 Jun 2008Dec 2008Jun 2009Dec 2009Jun 2010Dec 2010Jun 2011Dec 2011Jun 2012 average of 2,437 V -13.89% PENDING LISTINGS & BEDROOMS DISTRIBUTION BY PRICE Distribution of Pending Listings by Price Range % AVDOM 2 Beds 3 Beds 4 Beds 5 Beds+ $25,000 and less 98 3.30% 39.4 53 34 8 3 $25,001 $75,000 541 18.22% 77.8 197 303 36 5 $75,001 $100,000 333 11.21% 78.5 77 223 30 3 $100,001 Contact an experienced REALTOR Ready to Buy or Sell Real Estate? $150,000 722 24.31% 78.7 112 508 98 4 $150,001 $200,000 521 17.54% 83.1 71 306 137 7 $200,001 $300,000 454 15.29% 81.7 54 193 187 20 $300,001 and up 301 10.13% 81.0 29 76 152 44 Total Pending Units: 2,970 83.7 593 1643 648 86 Total Pending Volume: 499,641,842 67.39M 234.66M 154.64M 42.95M Average Listing Price: $173,619 $113,645 $142,824 $238,644 $499,407Reports produced and compiled by RE STATS Inc. Information is deemed reliable but not guaranteed. Does not reflect all market activity. pp. 2Steve Reese 405-848-9944 steve@oklahomarealtors.com
  4. 4. Monthly Inventory Analysis Data from the The Oklahoma Association of REALTORS® November 2012 New Listings as of Dec 12, 2012New Listings Report Produced on: Dec 14, 2012Area Delimited by Entire OK State MLS - Single-Family Property Type NOVEMBER YEAR TO DATE (YTD) 2008 2009 2010 2011 2012 2008 2009 2010 2011 2012 4,716 67,473 66,856 4,597 64,766 65,084 4,506 4,401 4,313 61,765 1 Year 1 Year -2.52% +2.72% 2 Year 2 Year +2.02% +3.23% 5 YEAR MARKET ACTIVITY TRENDS 5yr NOV AVG = 4,507 3 MONTHS 8,000 High S 5,377 7,000 Apr 2010 = 7,822 E 6,000 Low P 5,000 Dec 2008 = 3,584 O 5,619 4,000 C New Listings 3,000 New Listings this T 4.50% 2,000 month at 4,597, 1,000 above the 5 yr NOV N 4,597 O 0 Jun 2008Dec 2008Jun 2009Dec 2009Jun 2010Dec 2010Jun 2011Dec 2011Jun 2012 average of 4,507 V -18.19% NEW LISTINGS & BEDROOMS DISTRIBUTION BY PRICE Distribution of New Listings by Price Range % 2 Beds 3 Beds 4 Beds 5 Beds+ $25,000 and less 145 3.15% 81 56 7 1 $25,001 $75,000 801 17.42% 305 431 60 5 $75,001 $100,000 554 12.05% 136 370 42 6 $100,001 Contact an experienced REALTOR Ready to Buy or Sell Real Estate? $150,000 1,124 24.45% 181 801 136 6 $150,001 $225,000 940 20.45% 124 513 283 20 $225,001 $300,000 521 11.33% 63 191 246 21 $300,001 and up 512 11.14% 52 127 257 76 Total New Listed Units: 4,597 942 2489 1031 135 Total New Listed Volume: 812,570,119 115.36M 362.99M 269.95M 64.27M Average New Listed Listing Price: $210,934 $122,464 $145,837 $261,833 $476,074Reports produced and compiled by RE STATS Inc. Information is deemed reliable but not guaranteed. Does not reflect all market activity. pp. 3Steve Reese 405-848-9944 steve@oklahomarealtors.com
  5. 5. Monthly Inventory Analysis Data from the The Oklahoma Association of REALTORS® November 2012 Active Inventory as of Dec 12, 2012Active Inventory Report Produced on: Dec 14, 2012Area Delimited by Entire OK State MLS - Single-Family Property Type END OF NOVEMBER ACTIVE DURING NOVEMBER 2008 2009 2010 2011 2012 2008 2009 2010 2011 2012 25,221 24,974 29,944 30,633 23,588 28,451 21,320 27,056 20,773 25,284 1 Year 1 Year -14.63% -11.68% 2 Year 2 Year -15.47% -9.64% 5 YEAR MARKET ACTIVITY TRENDS 5yr NOV AVG = 23,175 3 MONTHS Active Inventory 30,000 High S 23,392 Jul 2011 = 27,215 E Low P 20,000 Jan 2008 = 19,894 O 22,462 C 10,000 Inventory this T -3.98% month at 21,320, below the 5 yr NOV N 21,320 O 0 Jun 2008Dec 2008Jun 2009Dec 2009Jun 2010Dec 2010Jun 2011Dec 2011Jun 2012 average of 23,175 V -5.08% INVENTORY & BEDROOMS DISTRIBUTION BY PRICE Distribution of Inventory by Price Range % AVDOM 2 Beds 3 Beds 4 Beds 5 Beds+ $50,000 and less 1,930 9.05% 123.8 1,011 806 96 17 $50,001 $75,000 2,161 10.14% 123.2 799 1,176 167 19 $75,001 $100,000 2,679 12.57% 116.9 744 1,668 241 26 $100,001 Contact an experienced REALTOR Ready to Buy or Sell Real Estate? $150,000 4,881 22.89% 107.4 925 3,289 619 48 $150,001 $225,000 4,521 21.21% 112.7 738 2,394 1,275 114 $225,001 $350,000 2,947 13.82% 114.7 420 1,021 1,306 200 $350,001 and up 2,201 10.32% 131.1 222 483 1,026 470 Total Active Inventory by Units: 21,320 116.3 4,859 10,837 4,730 894 Total Active Inventory by Volume: 4,156,397,710 645.79M 1.67B 1.34B 500.24M Average Active Inventory Listing Price: $194,953 $132,906 $154,036 $283,526 $559,556Reports produced and compiled by RE STATS Inc. Information is deemed reliable but not guaranteed. Does not reflect all market activity. pp. 4Steve Reese 405-848-9944 steve@oklahomarealtors.com
  6. 6. Monthly Inventory Analysis Data from the The Oklahoma Association of REALTORS® November 2012 Active Inventory as of Dec 12, 2012Months Supply of Inventory Report Produced on: Dec 14, 2012Area Delimited by Entire OK State MLS - Single-Family Property Type MSI FOR NOVEMBER INDICATORS FOR NOVEMBER 2012 2008 2009 2010 2011 2012 Inventory Closed Absorption MSI MSI % 8.7 8.5 40,564 6.3 15.855% 7.0 6.5 21,320 6.3 1 Year 3,380 End of Closed Average Months Percent -25.85% Month Last Closed per Supply Months 2 Year Active 12 Month over of Supply of -27.73% Inventory Months 12 Months Inventory Inventory 5 YEAR MARKET ACTIVITY TRENDS 5yr NOV AVG = 7.4 3 MONTHS 10 High S 7.1 9 Jun 2011 = 9.8 E 8 Low P 7 6 Jan 2008 = 5.3 O 6.7 5 C Months Supply 4 Months Supply this T -5.43% 3 2 month at 6.3, 1 below the 5 yr NOV N 6.3 O 0 Jun 2008 Dec 2008Jun 2009 Dec 2009Jun 2010 Dec 2010Jun 2011 Dec 2011Jun 2012 average of 7.4 V -6.17% MONTHS SUPPLY & BEDROOMS DISTRIBUTION BY PRICE Distribution of Active Inventory by Price Range and MSI % MSI 2 Beds 3 Beds 4 Beds 5 Beds+ $50,000 and less 1,930 9.05% 4.3 5.4 3.5 3.2 4.7 $50,001 $80,000 2,755 12.92% 6.7 8.0 6.1 6.5 11.5 $80,001 $110,000 2,873 13.48% 6.3 7.2 6.0 6.3 7.4 $110,001 Contact an experienced REALTOR Ready to Buy or Sell Real Estate? $170,000 5,716 26.81% 5.6 6.5 5.5 5.4 7.1 $170,001 $230,000 3,126 14.66% 6.3 7.5 6.5 5.5 7.4 $230,001 $350,000 2,719 12.75% 7.1 9.7 7.8 6.1 8.1 $350,001 and up 2,201 10.32% 12.7 21.0 14.2 10.9 13.9 MSI: 6.3 7.1 5.8 6.3 10.0 Total Active Inventory: 21,320 4,859 10,837 4,730 894Reports produced and compiled by RE STATS Inc. Information is deemed reliable but not guaranteed. Does not reflect all market activity. pp. 5Steve Reese 405-848-9944 steve@oklahomarealtors.com
  7. 7. Monthly Inventory Analysis Data from the The Oklahoma Association of REALTORS® November 2012 Closed Sales as of Dec 12, 2012Average Days on Market to Sale Report Produced on: Dec 14, 2012Area Delimited by Entire OK State MLS - Single-Family Property Type NOVEMBER YEAR TO DATE (YTD) 2008 2009 2010 2011 2012 2008 2009 2010 2011 2012 91 89 89 84 84 84 77 80 82 81 1 Year 1 Year -9.92% -5.57% 2 Year 2 Year -11.82% +2.77% 5 YEAR MARKET ACTIVITY TRENDS 5yr NOV AVG = 84 3 MONTHS Average Days on Market 100 High S 82 90 Mar 2011 = 98 E 80 Low P 70 60 May 2010 = 74 O 83 50 C 40 Average DOM this T 1.35% 30 20 month at 80, 10 below the 5 yr NOV N 80 O 0 Jun 2008 Dec 2008Jun 2009 Dec 2009Jun 2010 Dec 2010Jun 2011 Dec 2011Jun 2012 average of 84 V -3.74% AVERAGE DOM OF CLOSED SALES & BEDROOMS DISTRIBUTION BY PRICE Distribution of Average Days on Market to Sale by Price Range % AVDOM 2 Beds 3 Beds 4 Beds 5 Beds+ $25,000 and less 136 4.38% 70.1 69.0 73.1 57.9 80.0 $25,001 $75,000 549 17.67% 82.1 92.8 76.0 79.9 6.0 $75,001 $100,000 356 11.46% 77.4 89.9 73.1 68.0 127.0 $100,001 Contact an experienced REALTOR Ready to Buy or Sell Real Estate? $150,000 756 24.33% 72.7 76.5 69.3 83.9 109.0 $150,001 $200,000 559 17.99% 93.8 100.8 86.0 104.2 136.7 $200,001 $275,000 402 12.94% 72.6 93.9 66.2 68.9 124.8 $275,001 and up 349 11.23% 85.8 123.2 69.9 86.8 85.2 Average Closed DOM: 80.0 89.2 74.1 83.9 97.9 Total Closed Units: 3,107 640 1690 699 78 Total Closed Volume: 506,886,749 71.81M 229.12M 166.60M 39.35MReports produced and compiled by RE STATS Inc. Information is deemed reliable but not guaranteed. Does not reflect all market activity. pp. 6Steve Reese 405-848-9944 steve@oklahomarealtors.com
  8. 8. Monthly Inventory Analysis Data from the The Oklahoma Association of REALTORS® November 2012 Closed Sales as of Dec 12, 2012Average List Price at Closing Report Produced on: Dec 14, 2012Area Delimited by Entire OK State MLS - Single-Family Property Type NOVEMBER YEAR TO DATE (YTD) 2008 2009 2010 2011 2012 2008 2009 2010 2011 2012 168,697 166,107 155,063 150,871 146,175 151,879 152,115 154,329 135,950 148,150 1 Year 1 Year +11.82% +7.63% 2 Year 2 Year +8.79% +9.20% 5 YEAR MARKET ACTIVITY TRENDS 5yr NOV AVG = 151K 3 MONTHS Average List Price 300,000 High S 163,538 May 2012 = 214,016 E Low P 200,000 Nov 2008 = 135,950 O 162,513 C 100,000 Average LPrice this T -0.63% month at 168,697, above the 5 yr NOV N 168,697 O 0 Jun 2008Dec 2008Jun 2009Dec 2009Jun 2010Dec 2010Jun 2011Dec 2011Jun 2012 average of 151,351 V 3.81% AVERAGE LIST PRICE OF CLOSED SALES & BEDROOMS DISTRIBUTION BY PRICE Distribution of Average List Price at Closing by Price Range % AVL$ 2 Beds 3 Beds 4 Beds 5 Beds+ $25,000 and less 128 4.12% 18,380 20,725 20,935 16,899 12,225 $25,001 $75,000 532 17.12% 52,978 52,045 56,597 53,910 39,000 $75,001 $100,000 354 11.39% 90,134 91,337 91,792 92,492 99,900 $100,001 Contact an experienced REALTOR Ready to Buy or Sell Real Estate? $150,000 729 23.46% 128,116 131,798 129,988 133,661 142,425 $150,001 $200,000 583 18.76% 174,882 176,289 176,873 182,229 191,956 $200,001 $275,000 397 12.78% 235,291 247,191 239,969 241,143 261,507 $275,001 and up 384 12.36% 450,345 379,155 394,938 444,647 730,050 Average List Price: $168,697 $116,598 $140,055 $245,284 $530,400 Total Closed Units: 3,107 640 1690 699 78 Total List Volume: 524,140,256 74.62M 236.69M 171.45M 41.37MReports produced and compiled by RE STATS Inc. Information is deemed reliable but not guaranteed. Does not reflect all market activity. pp. 7Steve Reese 405-848-9944 steve@oklahomarealtors.com
  9. 9. Monthly Inventory Analysis Data from the The Oklahoma Association of REALTORS® November 2012 Closed Sales as of Dec 12, 2012Average Sold Price at Closing Report Produced on: Dec 14, 2012Area Delimited by Entire OK State MLS - Single-Family Property Type NOVEMBER YEAR TO DATE (YTD) 2008 2009 2010 2011 2012 2008 2009 2010 2011 2012 163,143 160,486 148,954 144,598 141,349 147,160 146,523 148,233 131,192 142,975 1 Year 1 Year +12.83% +8.27% 2 Year 2 Year +9.53% +9.53% 5 YEAR MARKET ACTIVITY TRENDS 5yr NOV AVG = 146K 3 MONTHS Average Sold Price 300,000 High S 157,897 May 2012 = 208,737 E Low P 200,000 Nov 2008 = 131,192 O 157,040 C 100,000 Average SPrice this T -0.54% month at 163,143, above the 5 yr NOV N 163,143 O 0 Jun 2008Dec 2008Jun 2009Dec 2009Jun 2010Dec 2010Jun 2011Dec 2011Jun 2012 average of 145,847 V 3.89% AVERAGE SOLD PRICE OF CLOSED SALES & BEDROOMS DISTRIBUTION BY PRICE Distribution of Average Sold Price at Closing by Price Range % AVS$ 2 Beds 3 Beds 4 Beds 5 Beds+ $25,000 and less 136 4.38% 17,401 17,546 17,890 15,115 10,000 $25,001 $75,000 549 17.67% 51,120 48,860 52,518 51,354 45,000 $75,001 $100,000 356 11.46% 88,475 88,431 88,386 89,018 99,900 $100,001 Contact an experienced REALTOR Ready to Buy or Sell Real Estate? $150,000 756 24.33% 126,903 126,973 126,390 129,459 125,725 $150,001 $200,000 559 17.99% 174,194 170,918 172,841 177,955 185,783 $200,001 $275,000 402 12.94% 235,145 238,639 233,196 235,519 239,683 $275,001 and up 349 11.23% 450,192 370,830 382,323 430,711 696,694 Average Closed Price: $163,143 $112,201 $135,575 $238,344 $504,539 Total Closed Units: 3,107 640 1690 699 78 Total Closed Volume: 506,886,749 71.81M 229.12M 166.60M 39.35MReports produced and compiled by RE STATS Inc. Information is deemed reliable but not guaranteed. Does not reflect all market activity. pp. 8Steve Reese 405-848-9944 steve@oklahomarealtors.com
  10. 10. Monthly Inventory Analysis Data from the The Oklahoma Association of REALTORS® November 2012 Closed Sales as of Dec 12, 2012Average Percent of List Price to Selling Price Report Produced on: Dec 14, 2012Area Delimited by Entire OK State MLS - Single-Family Property Type NOVEMBER YEAR TO DATE (YTD) 2008 2009 2010 2011 2012 2008 2009 2010 2011 2012 96.95% 96.91% 96.68% 96.42% 96.41% 96.15% 95.67% 95.67% 95.83% 95.85% 1 Year 1 Year +1.13% +0.58% 2 Year 2 Year +1.30% +0.26% 5 YEAR MARKET ACTIVITY TRENDS 5yr NOV AVG=96.21% 3 MONTHS Average List/Sell Price 98 High S 96.59% May 2008 = 97.10% E Low P 97 Jan 2011 = 95.14% O 96.36% C 96 Average List/Sell this T -0.23% month at 96.91%, above the 5 yr NOV N 96.91% O 95 Jun 2008 Dec 2008Jun 2009 Dec 2009Jun 2010 Dec 2010Jun 2011 Dec 2011Jun 2012 average of 96.21% V 0.57% AVERAGE L/S% OF CLOSED SALES & BEDROOMS DISTRIBUTION BY PRICE Distribution of $avgmed L/S % by Price Range % AVL/S% 2 Beds 3 Beds 4 Beds 5 Beds+ $25,000 and less 136 4.38% 88.04% 87.80% 88.85% 86.36% 81.43% $25,001 $75,000 549 17.67% 96.15% 95.61% 95.04%106.98%115.38% $75,001 $100,000 356 11.46% 98.91% 103.41% 97.35% 96.42%100.00% $100,001 Contact an experienced REALTOR Ready to Buy or Sell Real Estate? $150,000 756 24.33% 97.17% 96.46% 97.44% 97.03% 88.54% $150,001 $200,000 559 17.99% 97.70% 97.06% 97.82% 97.80% 96.96% $200,001 $275,000 402 12.94% 97.38% 96.72% 97.39% 97.78% 93.68% $275,001 and up 349 11.23% 97.17% 97.85% 97.05% 97.41% 96.10% Average List/Sell Ratio: 96.90% 96.49% 96.74% 97.89% 95.36% Total Closed Units: 3,107 640 1690 699 78 Total Closed Volume: 506,886,749 71.81M 229.12M 166.60M 39.35MReports produced and compiled by RE STATS Inc. Information is deemed reliable but not guaranteed. Does not reflect all market activity. pp. 9Steve Reese 405-848-9944 steve@oklahomarealtors.com
  11. 11. Monthly Inventory Analysis Data from the The Oklahoma Association of REALTORS® November 2012 Inventory as of Dec 12, 2012Market Summary Report Produced on: Dec 14, 2012Area Delimited by Entire OK State MLS - Single-Family Property Type Inventory Inventory Market Activity Market Activity New Listings Closed Sales 4,597 = 16.99% 3,107 = 10.30% Start Inventory Pending Sales 22,463 2,970 = 9.85% Total Inventory Other Off Market Units 2,766 = 9.17% 27,060 Volume Active Inventory $5,242,932,597 21,320 = 70.68%Absorption: Last 12 months, an Average of 3,380 Sales/Month NOVEMBER Year To DateActive Inventory as of November 30, 2012 = 21,320 2011 2012 +/-% 2011 2012 +/-%Closed Sales 2,644 3,107 17.51% 32,692 37,665 15.21%Pending Sales 2,663 2,970 11.53% 33,773 39,362 16.55%New Listings 4,716 4,597 -2.52% 65,084 66,856 2.72%Average List Price 150,871 168,697 11.82% 154,329 166,107 7.63%Average Sale Price 144,598 163,143 12.83% 148,233 160,486 8.27%Average Percent of List Price to Selling Price 95.83% 96.91% 1.13% 95.85% 96.41% 0.58%Average Days on Market to Sale 88.84 80.02 -9.92% 88.67 83.73 -5.57%Monthly Inventory 24,978 21,320 -14.64% 24,978 21,320 -14.64%Months Supply of Inventory 8.51 6.31 -25.86% 8.51 6.31 -25.86% 2011 2011 NOVEMBER MARKET 2012 AVERAGE PRICES 2012 New Listings Pending Listings List Price Sale Price 4,716 4,597 168,697 163,143 2,970 150,871 2,663 144,598 -2.52% +11.53% +11.82% +12.83% 2011 2011 INVENTORY 2012 AVERAGE L/S% & DOM 2012 Active Inventory Monthly Supply of Inventory % of List to Sale Price Days on Market to Sale 24,978 8.51 96.91% 88.84 21,320 6.31 95.83% 80.02 -14.64% -25.86% +1.13% -9.92%Reports produced and compiled by RE STATS Inc. Information is deemed reliable but not guaranteed. Does not reflect all market activity. pp. 10Steve Reese 405-848-9944 steve@oklahomarealtors.com

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