The Q2 2015 New River Valley Nest Report, a statistical look at what makes up the New River Valley real estate market, is now available.

1. HOW'S
THE
MARKET?MID-YEAR 2015 NEST REPORT
Town of Blacksburg
Town of Christiansburg
Montgomery County
Floyd County
Giles County
Radford City
Pulaski County

2. NEW RIVER VALLEY MSA MARKET ANALYSIS
Mid-Year 2015
Market Snapshot
20% $169,250
TOTAL SALES
There were 898 total sales in the
first half of 2015 compared to 749
total sales in 2014. This translates
to a 20% year-over-year increase.
MEDIAN SALES PRICE
The median sales price in the first
half of 2015 was $169,250
compared to $155,000 in 2014.
TOTAL INVENTORY
At the end of this past quarter, to-
tal inventory levels were down 15%
compared to the end of Q2 2014.
'10Q2
'10Q3
'10Q4
'11Q1
'11Q2
'11Q3
'11Q4
'12Q1
'12Q2
'12Q3
'12Q4
'13Q1
'13Q2
'13Q3
'13Q4
'14Q1
'14Q2
'14Q3
'14Q4
'15Q1
'15Q2
0
100
200
300
400
500
600
700
477
527
427
250
450 468
300
449429
314
251 271
313
412
262
312
335
305
585
335
465
Five Year Sales Trend (Total Sales)
106
DAYS ON MARKET
Homes sold in the first half of 2015
spent an average of 106 days on
market before being sold.
20%
CONTRACTS WRITTEN
There were 1,112 contracts written
in the first half of 2015 compared
to 924 in 2014. This translates to a
20% year-over-year increase.
MONTHS OF INVENTORY
At the end of this past quarter,
there were 5 months of inventory
available.
06/2014 07/2014 08/2014 09/2014 10/2014 11/2014 12/2014 01/2015 02/2015 03/2015 04/2015 05/2015 06/2015
120K
140K
160K
180K
200K
220K
168,625
197,501
187,694
199,140
187,035
214,664
183,900
183,890183,231
211,285
208,482
206,345
179,290
164,625
186,000 185,000
148,450
159,950
159,500159,000
158,500
174,750
158,000
175,625
181,000
155,000
Average & Median Price Trends AVG. SALES PRICE MEDIAN SALES PRICE
06/2014 07/2014 08/2014 09/2014 10/2014 11/2014 12/2014 01/2015 02/2015 03/2015 04/2015 05/2015 06/2015
175,625
214,664
181,000
208,482
159,500
183,900
158,500
183,890
148,450
179,290
174,750
197,501
164,625
199,140
158,000
187,035
159,950
183,231
155,000
168,625
159,000
187,694
185,000
206,345
186,000
211,285Average
Median
-15%
5

3. NEW RIVER VALLEY MSA MARKET ANALYSIS
Mid-Year 2015
Quarterly Performance & Yearly Growth
TOTAL
SALES
AVG. LIST
PRICE
AVG. SALES
PRICE
MEDIAN
SALES PRICE
AVG.
$/SQ.FT.
AVG. DAYS
ON MARKET
2015 108103173,500205,072213,071763
% Change -8.47%6.07%11.83%10.97%10.78%21.69%
2014 11898155,150184,795192,342627
% Change 8.68%-2.83%-8.33%-5.28%-5.59%-7.79%
2013 108100169,250195,094203,728680
CONTRACTS
WRITTEN
950
21.33%
783
2.89%
761
SINGLEFAMILYATTACHED
TOTAL
SALES
AVG. LIST
PRICE
AVG. SALES
PRICE
MEDIAN
SALES PRICE
AVG.
$/SQ.FT.
AVG. DAYS
ON MARKET
2015 96105152,000165,461170,58197
% Change 7.38%-0.28%-5.38%-3.12%-3.34%15.48%
2014 90105160,650170,798176,48284
% Change 8.16%-6.36%-5.92%-3.92%-4.00%7.69%
2013 83112170,750177,769183,82778
CONTRACTS
WRITTEN
118
24.21%
95
5.56%
90
TOTAL
SALES
AVG. LIST
PRICE
AVG. SALES
PRICE
MEDIAN
SALES PRICE
AVG.
$/SQ.FT.
AVG. DAYS
ON MARKET
2015 99141118,000150,416157,23438
% Change -0.74%7.11%-2.84%10.83%11.68%0.00%
2014 100132121,450135,724140,79338
% Change -39.81%-8.30%2.92%-2.41%-3.65%22.58%
2013 166144118,000139,069146,12331
CONDO
CONTRACTS
WRITTEN
46
-4.35%
46
-22.03%
59
2013 2014 2015
627680 763
97
38
78
38
84
31
Year-to-Date Sales by Property Type
Single Family Attached Condo

4. NEW RIVER VALLEY MSA MARKET ANALYSIS
Mid-Year 2015
June 2014
Inventory
Months of
Inventory
May 2015
Inventory
Months of
Inventory
June 2015
Inventory
Months of
Inventory
Attached
Condo
Single Family
ALL 19.7
9.28
5.13
5.29
1,497
1,345
41
111
15.33
7.54
3.44
4.35
1,310
1,192
31
87
10.14
5.94
2.17
2.03
1,278
1,187
26
65
Inventory Levels & Months of Inventory
January February March April May June July August September October November December
1000
1200
1400
1600
1
1
1
1
1
1
1
1
1
1
1 1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
Four Year Inventory History
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2011 Inventory
New Listings
2012 Inventory
New Listings
2013 Inventory
New Listings
2014 Inventory
New Listings
2015 Inventory
New Listings
138
1,318
174
1,415
203
1,507
192
1,620
277
1,693
254
1,680
303
1,745
370
1,708
385
1,611
385
1,478
287
1,354
221
1,318
145
1,175
155
1,255
202
1,297
182
1,355
219
1,397
231
1,424
240
1,472
294
1,427
362
1,388
328
1,297
272
1,233
245
1,205
122
1,246
160
1,348
191
1,408
261
1,445
266
1,457
258
1,467
310
1,447
332
1,372
365
1,319
358
1,251
254
1,185
238
1,120
166
1,240
161
1,323
223
1,410
220
1,425
247
1,491
262
1,502
304
1,492
357
1,496
362
1,423
339
1,297
243
1,212
264
1,159
292
1,287
355
1,310
385
1,290
364
1,188
220
1,175
210
1,166
3 KEY TAKEAWAYS
1. While every other sector has improved, the New River Valley MSA actually saw a decrease in median
sales prices of attached homes. This may be driven by low demand in this category, as detached and
condo sales have both increased over last year.
2. Single-family housing continues to drive the market throughout the New River Valley, making up
83% of the total housing sales.
3. Based on activity numbers through the first half of the year, it's possible we'll see average days on
market fall below 100 days, a positive trend for sellers, in the third quarter this year.
5.667.238.87
2012 2013 2014 2015

5. TOWN OF BLACKSBURG MARKET ANALYSIS
Mid-Year 2015
Market Snapshot
25% $247,000
78 22%
TOTAL SALES
There were 163 total sales in the
first half of 2015 compared to 130
total sales in 2014. This translates
to a 25 % year-over-year increase.
MEDIAN SALES PRICE
The median sales price in the first
half of 2015 was $247,000
compared to $229,950 in 2014.
TOTAL INVENTORY
At the end of this past quarter,
total inventory levels were down
24% compared to the end of
Q2 2014.
DAYS ON MARKET
Homes sold in the first half of
2015 spent an average of 78 days
on market before being sold.
CONTRACTS WRITTEN
There were 207 contracts written in
the first half of 2015 compared to
170 in 2014. This translates to a
22% year-over-year increase.
MONTHS OF INVENTORY
At the end of this past quarter,
there were 2 months of
inventory available.
'10Q2
'10Q3
'10Q4
'11Q1
'11Q2
'11Q3
'11Q4
'12Q1
'12Q2
'12Q3
'12Q4
'13Q1
'13Q2
'13Q3
'13Q4
'14Q1
'14Q2
'14Q3
'14Q4
'15Q1
'15Q2
0
20
40
60
80
100
120
140
121
103
115
47
87
4747
90
50
8890
48
74
34
54
64
43
63
52 52
82
Five Year Sales Trend (Total Sales)
0% 25% 50% 75% 100%
2015
2014
2013 18%33%
42%
33%
39%
35%
21%
15%
31% 4%
1%
5%
7%
3%
2%
4%
2%
6%
Sales by Price Range
0-99,999 100K-199,999 200K-299,999 300K-399,999 400K-499,999 500K+
-24%
2

6. TOWN OF BLACKSBURG MARKET ANALYSIS
Mid-Year 2015
Quarterly Performance & Yearly Growth
TOTAL SALES
AVG. LIST
PRICE
AVG. SALES
PRICE
MEDIAN
SALES PRICE AVG. $/SQ.FT.
AVG. DAYS
ON MARKET
2015 65137300,000318,339325,913101
% Change 45.53%2.73%9.79%6.75%7.17%40.28%
2014 45133273,250298,217304,10672
% Change -28.60%1.94%4.29%4.96%4.04%-35.14%
2013 63130262,000284,130292,301111
CONTRACTS
WRITTEN
131
29.70%
101
-15.83%
120
TOTAL SALES
AVG. LIST
PRICE
AVG. SALES
PRICE
MEDIAN
SALES PRICE AVG. $/SQ.FT.
AVG. DAYS
ON MARKET
2015 90115167,500179,112184,44733
% Change 53.76%-5.90%-2.33%-1.57%-0.94%26.92%
2014 59122171,500181,971186,19626
% Change -40.37%0.86%-6.41%-9.13%-10.02%-31.58%
2013 99121183,250200,258206,92638
CONTRACTS
WRITTEN
43
43.33%
30
-33.33%
45
TOTAL SALES
AVG. LIST
PRICE
AVG. SALES
PRICE
MEDIAN
SALES PRICE AVG. $/SQ.FT.
AVG. DAYS
ON MARKET
2015 106142116,900131,497137,73129
% Change 11.21%9.22%-2.50%2.87%4.15%-9.38%
2014 95130119,900127,828132,24832
% Change -34.73%-9.86%3.81%3.39%2.15%23.08%
2013 146145115,500123,640129,46926
CONTRACTS
WRITTEN
33
-15.38%
39
-23.53%
51
2013 2014 2015
101111
38
29
26
26
3372
32
Year-to-Date Sales by Property Type
Single Family Attached Condo
SINGLEFAMILYATTACHEDCONDO

7. TOWN OF BLACKSBURG MARKET ANALYSIS
Mid-Year 2015
3 KEY TAKEAWAYS
1. We've seen the supply and demand principle in full effect the first half of the year as declining
inventory levls (supply) has driven prices (demand) up significantly.
2. Condos, traditionally a trailing sector of the market the last several years, are continuing to make a
marked improvement as financing options increase.
3. The first half of 2015 marks the first time we've seen median sales prices of single family homes in
Blacksburg reach or exceed $300,000.
June 2014
Total Inventory
Months Of
Inventory
May 2015
Total Inventory
Months Of
Inventory
June 2015
Total Inventory
Months Of
Inventory
Detached
Attached
Condo
All 12.44
4.43
4.56
3.45
148
31
41
76
9.59
3.33
3.89
2.37
126
20
35
71
8.49
2.43
4.00
2.06
113
17
32
64
Inventory Levels & Months of Inventory
January February March April May June July August September October November December
100
120
140
160
180
200
220
Four Year Inventory History 2012 2013 2014 2015
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2011 Inventory
New Listings
2012 Inventory
New Listings
2013 Inventory
New Listings
2014 Inventory
New Listings
2015 Inventory
New Listings
11
122
19
137
23
136
19
150
26
157
26
166
31
183
46
202
59
201
56
173
37
156
39
143
28
145
21
134
27
138
12
145
26
149
31
155
33
158
29
152
50
161
67
127
43
120
36
112
19
123
14
130
21
145
62
149
31
130
28
131
31
142
30
149
49
159
71
179
48
158
39
135
22
119
10
130
28
138
34
138
23
141
33
146
37
148
45
181
44
176
58
169
48
143
39
115
27
113
42
126
44
142
78
142
40
122
34
117
3.96 2.94 2.67

8. TOWN OF CHRISTIANSBURG MARKET ANALYSIS
Mid-Year 2015
Market Snapshot
TOTAL SALES
There were 178 total sales in the
first half of 2015 compared to 155
total sales in 2014. This translates
to a 15% year-over-year increase.
MEDIAN SALES PRICE
The median sales price in the first
half of 2015 was $174,500
compared to $165,000 in 2014.
15% $174,500 -36%
TOTAL INVENTORY
At the end of this past quarter,
total inventory levels were down
36% compared to the end of
Q2 2014.
84
DAYS ON MARKET
Homes sold in the first half of 2015
spent an average of 84 days on
market before being sold.
CONTRACTS WRITTEN
There were 208 contracts written
the first half of 2015 compared to
171 in 2014. This translates to a
22% year-over-year increase.
MONTHS OF INVENTORY
At the end of this past quarter,
there were 3 months of
inventory available.
22% 3
'10Q2
'10Q3
'10Q4
'11Q1
'11Q2
'11Q3
'11Q4
'12Q1
'12Q2
'12Q3
'12Q4
'13Q1
'13Q2
'13Q3
'13Q4
'14Q1
'14Q2
'14Q3
'14Q4
'15Q1
'15Q2
0
25
50
75
100
125
150
119
112
37
47 47
78
68
48
79
59
44
64
56
91 9193 92
55
85
45
75
Five Year Sales Trend (Total Sales)
0% 25% 50% 75% 100%
2015
2014
2013
61%
57%
30%
24%
28%10%
62%
4%
6%
8% 5%
Sales by Price Range
0-149,999 100K-199,999 200K-299,999 300K-399,999 400K-499,999 500K+

9. TOWN OF CHRISTIANSBURG MARKET ANALYSIS
Mid-Year 2015
Quarterly Performance & Yearly Growth
TOTAL SALES
AVG. LIST
PRICE
AVG. SALES
PRICE
MEDIAN
SALES PRICE AVG. $/SQ.FT.
AVG. DAYS
ON MARKET
2015 80101190,000192,944196,404132
% Change -17.42%0.66%7.34%2.50%1.95%18.92%
2014 97100177,000188,241192,640111
% Change 26.55%-1.82%-0.56%3.34%2.30%3.74%
2013 77102178,000182,165188,316107
CONTRACTS
WRITTEN
150
19.05%
126
5.00%
120
TOTAL SALES
AVG. LIST
PRICE
AVG. SALES
PRICE
MEDIAN
SALES PRICE AVG. $/SQ.FT.
AVG. DAYS
ON MARKET
2015 9798144,500145,455148,60742
% Change -17.71%6.01%2.48%-1.31%-2.21%2.44%
2014 11893141,000147,384151,96741
% Change 79.62%-7.18%3.68%3.09%2.86%64.00%
2013 66100136,000142,968147,74825
CONTRACTS
WRITTEN
52
23.81%
42
61.54%
26
TOTAL SALES
AVG. LIST
PRICE
AVG. SALES
PRICE
MEDIAN
SALES PRICE AVG. $/SQ.FT.
AVG. DAYS
ON MARKET
2015 80149262,000262,250270,9754
% Change -25.00%-4.88%10.08%18.31%16.00%33.33%
2014 106156238,000221,667233,6003
% Change -67.85%5.92%-1.65%-10.57%-11.32%-25.00%
2013 330147242,000247,875263,4254
CONTRACTS
WRITTEN
6
100.00%
3
-40.00%
5
2013 2014 2015
107
111 132
41 42
25
44 3
Year-to-Date Sales by Property Type
Single Family Attached Condo
SINGLEFAMILYATTACHEDCONDO

10. TOWN OF CHRISTIANSBURG MARKET ANALYSIS
Mid-Year 2015
June 2014
Inventory
Months of
Inventory
May 2015
Inventory
Months of
Inventory
June 2015
Inventory
Months of
Inventory
Detached
Attached
Condo
All 15.72
7.57
8.15
219
3
53
163
10.14
2.50
4.38
3.26
141
5
35
101
7.43
2.50
1.69
3.24
139
5
27
107
Inventory Levels & Months of Inventory
January February March April May June July August September October November December
0
50
100
150
200
250
Four Year Inventory History 2012 2013 2014 2015
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2011 Inventory
New Listings
2012 Inventory
New Listings
2013 Inventory
New Listings
2014 Inventory
New Listings
2015 Inventory
New Listings
15
151
24
161
34
173
31
193
33
202
40
212
42
227
50
243
55
228
61
215
46
204
50
185
24
117
26
130
26
140
33
142
28
139
27
155
22
173
52
179
69
161
40
153
47
152
30
134
19
155
27
174
33
181
39
180
55
183
42
185
54
184
57
165
75
155
47
132
44
126
46
111
30
154
24
158
44
183
42
190
43
199
30
213
46
218
53
219
71
207
58
178
38
167
54
155
36
139
44
141
66
158
62
153
41
146
29
151
3 KEY TAKEAWAYS
1. Townhouses sales, which have lagged in the last 24 months due to supply issues, are experiencing
a steady climb back to levels we saw in 2013.
2. As the market has improved, inventory levels have responded by falling. Homes are selling faster
than previous years while new listings are coming on the market much slower. June 2015 saw 40%
fewer homes on the market than the peak in June 2011.
3. Typically, inventory and price move inverse of each other. In the first half of 2015, sales activity has
done the same. Inventory levels at the end of Q2 2015 are the lowest we've seen in five years.
Simultaneously, sales are also at a five year high.
7.90 3.52 2.91
n/a

11. MONTGOMERY COUNTY MARKET ANALYSIS
Mid-Year 2015
TOTAL SALES
There were 139 total sales in the
first half of 2015 compared to 107
in 2014. This translates to a 30%
year-over-year increase.
30% $235,000 -1%
82 34% 4
'10Q2
'10Q3
'10Q4
'11Q1
'11Q2
'11Q3
'11Q4
'12Q1
'12Q2
'12Q3
'12Q4
'13Q1
'13Q2
'13Q3
'13Q4
'14Q1
'14Q2
'14Q3
'14Q4
'15Q1
'15Q20
20
40
60
80
100
120
109
47 47
67
47
68
59
64
34
46
81
61
43 4343
23
52
92
65 65
35
Five Year Sales Trend (Total Sales)
MEDIAN SALES PRICE
The median sales price in the first
half of 2015 was $235,000
compared to $217,000 in 2014.
Quarterly Performance & Yearly Growth
TOTAL SALES
AVG. LIST
PRICE
AVG. SALES
PRICE
MEDIAN
SALES PRICE AVG. $/SQ.FT.
AVG. DAYS
ON MARKET
2015 82112235,000255,228262,439139
% Change -15.04%2.92%8.29%4.92%4.33%29.91%
2014 97109217,000243,256251,557107
% Change 10.77%-1.34%1.64%-1.45%-1.74%-29.61%
2013 87110213,500246,827256,010152
CONTRACTS
WRITTEN
189
34.04%
141
-18.02%
172
TOTAL INVENTORY
At the end of this past quarter, to-
tal inventory levels were down 1%
compared to the end of Q1 2014.
DAYS ON MARKET
Homes sold in the first half of 2015
spent an average of 82 days on
market before being sold.
CONTRACTS WRITTEN
There were 189 contracts written in
the first half of 2015 compared to
141 in 2014. This translates to a
34% year-over-year increase.
MONTHS OF INVENTORY
At the end of this past quarter,
there were 4 months of
inventory available.
Market Snapshot

12. RADFORD CITY MARKET ANALYSIS
Mid-Year 2015
TOTAL SALES
There were 53 total sales in the
first half of 2015 compared to 57
in 2014. This translates to a 7%
year-over-year decrease.
MEDIAN SALES PRICE
The median sales price in the first
half of 2015 was $146,900
compared to $140,000 in 2014.
Quarterly Performance & Yearly Growth
'10Q2
'10Q3
'10Q4
'11Q1
'11Q2
'11Q3
'11Q4
'12Q1
'12Q2
'12Q3
'12Q4
'13Q1
'13Q2
'13Q3
'13Q4
'14Q1
'14Q2
'14Q3
'14Q4
'15Q1
'15Q20
10
20
30
40
50
17
27 2728
2020
1818
39
34
36
16
31
21
11
41
33
13
35 35
15
Five Year Sales Trend (Total Sales)
TOTAL SALES
AVG. LIST
PRICE
AVG. SALES
PRICE
MEDIAN
SALES PRICE AVG. $/SQ.FT.
AVG. DAYS
ON MARKET
2015 8292146,900155,164160,31353
% Change -9.60%2.37%4.93%3.54%3.05%-7.02%
2014 9190140,000149,866155,56757
% Change 4.18%15.70%16.55%22.98%22.48%23.91%
2013 8778120,125121,860127,01246
CONTRACTS
WRITTEN
67
-1.47%
68
19.30%
57
TOTAL INVENTORY
At the end of this past quarter,
total inventory levels were down
2% compared to the end of
Q1 2014.
CONTRACTS WRITTEN
There were 67 contracts written
in the first half of 2015 compared
to 68 in 2014. This translates to a
1% year-over-year decrease.
DAYS ON MARKET
Homes sold in the first half of
2015 spent an average of 82 days
on market before being sold.
MONTHS OF INVENTORY
At the end of this past quarter,
there were 4 months of
inventory available.
-7% $146,900 -2%
82 -1% 4
Market Snapshot

13. FLOYD COUNTY MARKET ANALYSIS
Mid-Year 2015
TOTAL SALES
There were 37 total sales in the
first half of 2015 compared to 45
in 2014. This translates to a 18%
year-over-year decrease.
MEDIAN SALES PRICE
The median sales price in the first
half of 2015 was $210,000
compared to $135,000 in 2014.
Quarterly Performance & Yearly Growth
'10Q2
'10Q3
'10Q4
'11Q1
'11Q2
'11Q3
'11Q4
'12Q1
'12Q2
'12Q3
'12Q4
'13Q1
'13Q2
'13Q3
'13Q4
'14Q1
'14Q2
'14Q3
'14Q4
'15Q1
'15Q20
10
20
30
40
1717
10
2020 20
14
24
14
24
26
11
21
11
23
13
2323
22
25 25
Five Year Sales Trend (Total Sales)
TOTAL SALES
AVG. LIST
PRICE
AVG. SALES
PRICE
MEDIAN
SALES PRICE AVG. $/SQ.FT.
AVG. DAYS
ON MARKET
2015 205109210,000204,615219,28337
% Change 41.18%8.66%55.56%38.39%37.43%-17.78%
2014 145100135,000147,858159,56245
% Change -5.52%2.14%-6.05%-3.68%-0.27%12.50%
2013 15498143,700153,507159,99240
CONTRACTS
WRITTEN
46
-16.36%
55
27.91%
43
TOTAL INVENTORY
At the end of this past quarter,
total inventory levels were down
2% compared to the end of Q2 2..
DAYS ON MARKET
Homes sold in the first half of 2015
spent an average of 205 days on
market before being sold.
CONTRACTS WRITTEN
There were 46 contracts written in
the first half of 2015 compared to
55 in 2014. This translates to a
16% year-over-year decrease.
MONTHS OF INVENTORY
At the end of this past quarter,
there were 16 months of
inventory available.
-18% $210,000 -2%
205 -16% 16
Market Snapshot

14. GILES COUNTY MARKET ANALYSIS
First Quarter 2015
Market Snapshot
39% $117,000
127 24%
7%
7
'10Q2
'10Q3
'10Q4
'11Q1
'11Q2
'11Q3
'11Q4
'12Q1
'12Q2
'12Q3
'12Q4
'13Q1
'13Q2
'13Q3
'13Q4
'14Q1
'14Q2
'14Q3
'14Q4
'15Q1
'15Q20
10
20
30
40
50
17
30
2828
20
40
19 19
26
16
21
41
31
41
31
23
33
2322
42
35
Five Year Sales Trend (Total Sales)
TOTAL SALES
AVG. LIST
PRICE
AVG. SALES
PRICE
MEDIAN
SALES PRICE AVG. $/SQ.FT.
AVG. DAYS
ON MARKET
2015 12781117,000137,980148,09564
Quarterly Performance & Yearly Growth
% Change -36.56%8.22%2.63%7.20%9.34%39.13%
2014 20075114,000128,708135,44546
% Change 40.93%-10.25%-17.39%-16.08%-16.48%-24.59%
2013 14283138,000153,367162,16661
CONTRACTS
WRITTEN
82
24.24%
66
-4.35%
69
TOTAL SALES
There were 64 total sales in the
first half of 2015 compared to 46
in 2014. This translates to a 39%
year-over-year increase.
MEDIAN SALES PRICE
The median sales price in the first
half of 2015 was $117,000
compared to $114,000 in 2014.
DAYS ON MARKET
Homes sold in the first half of 2015
spent an average of 127 days on
market before being sold.
TOTAL INVENTORY
At the end of this past quarter,
total inventory levels were up 7%
compared to the end of Q2 2014.
CONTRACTS WRITTEN
There were 82 contracts written in
the first half of 2015 compared to
66 in 2014. This translates to a
24% year-over-year increase.
MONTHS OF INVENTORY
At the end of this past quarter,
there were 7 months of
inventory available.

15. PULASKI COUNTY MARKET ANALYSIS
Mid-Year 2015
23%
Market Snapshot
$128,000
102 26%
-24%
5
'10Q2
'10Q3
'10Q4
'11Q1
'11Q2
'11Q3
'11Q4
'12Q1
'12Q2
'12Q3
'12Q4
'13Q1
'13Q2
'13Q3
'13Q4
'14Q1
'14Q2
'14Q3
'14Q4
'15Q1
'15Q20
20
40
60
80
100
47
80
48
68
90
49
545454 54
31
61
41
71
41
71
53 525252
55
Five Year Sales Trend (Total Sales)
Quarterly Performance & Yearly Growth
TOTAL SALES
AVG. LIST
PRICE
AVG. SALES
PRICE
MEDIAN
SALES PRICE AVG. $/SQ.FT.
AVG. DAYS
ON MARKET
2015 11183128,000143,410150,552151
% Change -12.13%3.61%-0.78%1.78%2.25%22.76%
2014 12780129,000140,898147,234123
% Change 17.11%3.68%-0.77%6.49%5.44%29.47%
2013 10877130,000132,308139,63295
CONTRACTS
WRITTEN
195
148
26.35%
32.14%
112
TOTAL SALES
There were 151 total sales in the
first half of 2015 compared to
123 in 2014. This translates to a
23% year-over-year increase.
MEDIAN SALES PRICE
The median sales price in the first
half of 2015 was $128,000
compared to $129,000 in 2014.
TOTAL INVENTORY
At the end of this past quarter,
total inventory levels were down
24% compared to the end of
Q2 2014.
DAYS ON MARKET
Homes sold in the first half of 2015
spent an average of 102 days on
market before being sold.
CONTRACTS WRITTEN
There were 195 contracts written in
the first half of 2015 compared to
148 in 2014. This translates to a
22% year-over-year increase.
MONTHS OF INVENTORY
At the end of this past quarter,
there were 5 months of
inventory available.