Local Market Update – June 2012

A RESEARCH TOOL PROVIDED BY THE MASSACHUSETTS ASSOCIATION OF REALTORS®

Cape Cod & Islands Association of REALTORS®, Inc.

+ 35.9%
Year-Over-Year Change in Closed Sales All Properties

+ 4.8%
Year-Over-Year Change in Median Sales Price All Properties

- 15.8%
Year-Over-Year Change in Inventory of Homes All Properties

June

Year to Date
+/– + 27.7% + 8.6% - 16.4% - 27.3% + 19.6% + 1.1% - 2.8% 2011 1,767 $315,000 --147 89.6% 4,772 2012 2,208 $320,000 --160 89.3% 4,678 +/– + 25.0% + 1.6% --+ 8.7% - 0.3% - 2.0%

Single-Family Properties
Closed Sales Median Sales Price* Inventory of Homes for Sale Months Supply of Inventory Days on Market Until Sale Percent of Original List Price Received* New Listings

2011 386 $315,000 4,940 16.1 137 89.8% 785

2012 493 $342,000 4,132 11.7 164 90.8% 763

June

Year to Date
+/– + 78.4% - 5.4% - 13.6% - 25.4% - 19.7% + 0.9% - 6.9% 2011 376 $215,000 --188 87.4% 998 2012 489 $225,000 --169 88.6% 1,044 +/– + 30.1% + 4.7% --- 10.2% + 1.3% + 4.6%

Condominium Properties
Closed Sales Median Sales Price* Inventory of Homes for Sale Months Supply of Inventory Days on Market Until Sale Percent of Original List Price Received* g New Listings

2011 74 $232,450 1,181 17.7 196 88.7% 175

2012 132 $220,000 1,020 13.2 157 89.5% 163

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

Change in Median Sales Price from Prior Year (6-Month Average)**
Single-Family Properties
All MLS Cape Cod & Islands Association of REALTORS®, Inc.
+ 15% + 40%

Condominium Properties
All MLS Cape Cod & Islands Association of REALTORS®, Inc. b a

+ 10%

+ 30%

+ 5% + 20% 0% + 10% - 5% 0% - 10% - 10% - 15% - 20%

- 20%

- 25% 1-2008 1-2009 1-2010 1-2011 1-2012

- 30% 1-2008 1-2009 1-2010 1-2011 1-2012

** 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 Berkshire County Multiple Listing Service, Cape Cod & Islands Association of REALTORS®, Inc. and MLS Property Information Network, Inc. | Provided by MAR. Powered by 10K Research and Marketing.

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