Local Market Update November 2012

A RESEARCH TOOL PROVIDED BY THE WESTERN UPSTATE ASSOCIATION OF REALTORS

- 23.1%

- 25.0%
Change in Closed Sales

- 41.5%
Change in Median Sales Price

Piedmont
New Listings Closed Sales Median Sales Price* Percent of List Price Received* Days on Market Until Sale Inventory of Homes for Sale

Change in New Listings

November
2011
13 4 $77,750 93.1% 113 71

Year to Date
+/
- 23.1% - 25.0% - 41.5% + 1.2% + 8.7% - 11.3%

2012
10 3 $45,500 94.2% 122 63

2011
130 59 $154,950 94.7% 160 --

2012
113 47 $141,000 96.0% 163 --

+/
- 13.1% - 20.3% - 9.0% + 1.4% + 1.7% --

* Does not account for seller concessions. | Activity for one month can sometimes look extreme due to small sample size.

November
13 10

2011

2012

Year to Date
130 113

2011

2012

59 4 3

47

- 23.1% New Listings

- 25.0% Closed Sales

- 13.1% New Listings

- 20.3% Closed Sales

Change in Median Sales Price from Prior Year (6-Month Average)**

+ 80%

All MLS Piedmont

b a

+ 60%

+ 40%

+ 20%

0%

- 20%

- 40% 1-2008

7-2008

1-2009

7-2009

1-2010

7-2010

1-2011

7-2011

1-2012

7-2012

** Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each of the 6 months used in a dot are proportioned according to their share of sales during that period. | All data from the Western Upstate Association of REALTORS Multiple Listing Service. | Sponsored by South Carolina REALTORS. | Powered by 10K Research and Marketing.