MARKET ACTION REPORT

Marc Campolongo

September 2011
Sales Consultant 914-564-1782 marc.campolongo@cbmoves.com marccampolongo.com
Trending Versus*: Trending Versus*:

MLS Area: Briarcliff Manor

Price Range: ALL | Properties: Single Family Home, Condo, Co-Op

Market Profile & Trends Overview

Median List Price of all Current Listings Average List Price of all Current Listings September Median Sales Price September Average Sales Price Total Properties Currently for Sale (Inventory) September Number of Properties Sold September Average Days on Market (Solds) Asking Price per Square Foot (based on New Listings) September Sold Price per Square Foot September Month's Supply of Inventory September Sale Price vs List Price Ratio

Month

LM

L3M PYM
5% -9% -5% 6% 3% 14% 0% 25% 16% -17% -14% -21% -25% 35% 2% -1% 6% -2%

LY
4% -13% 19% 9% -2% -50% 0.4%

YTD
$625,000 $699,589 53 180 $302 $264 12.0 94.7%

PriorYTD
-9% -10% 18% 32% -3% -5% -35% -0.1%

PriorYear
-6% -10% 34% -3% -4% -32% 0.2%

$935,000 9% $1,149,424 16% $695,000 -23% $671,421 -25% 53 10% 6 -50% 159 -5% $341 16% $271 2% 8.8 121% 94.8% -0.3%

* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year / YTD = Year-to-date

Property Sales
September Property sales were 6, down -25.0% from 8 in September of 2010 and -50.0% lower than the 12 sales last month. September 2011 sales were at their lowest level compared to September of 2010 and 2009. September YTD sales of 53 are running 17.8% ahead of last year's year-to-date sales of 45.

Prices
The Median Sales Price in September was $695,000, down -17.2% from $839,500 in September of 2010 and down -23.2% from $905,000 last month. The Average Sales Price in September was $671,421, down -13.8% from $779,188 in September of 2010 and down -25.3% from $898,404 last month. September 2011 ASP was at the lowest level compared to September of 2010 and 2009.

Based on information from Empire Access Multiple Listing Service, Inc. for the period 10/1/2008 through 9/30/2011. Due to MLS reporting methods and allowable reporting policy, this data is only informational and may not be completely accurate. Therefore, Coldwell Banker Residential Brokerage does not guarantee the data accuracy. Data maintained by the MLS's may not reflect all real estate activity in the market.

MARKET ACTION REPORT

Marc Campolongo

September 2011
Sales Consultant 914-564-1782 marc.campolongo@cbmoves.com marccampolongo.com

MLS Area: Briarcliff Manor

Price Range: ALL | Properties: Single Family Home, Condo, Co-Op

Inventory & MSI

The Total Inventory of Properties available for sale as of September was 53, up 10.4% from 48 last month and down -20.9% from 67 in September of last year. September 2011 Inventory was at the lowest level compared to September of 2010 and 2009. A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers. The September 2011 MSI of 8.8 months was at its highest level compared with September of 2010 and 2009.

Market Time
The average Days On Market(DOM) shows how many days the average Property is on the Market before it sells. An upward trend in DOM tends to indicate a move towards more of a Buyer's market, a downward trend a move towards more of a Seller's market. The DOM for September was 159, down -4.8% from 167 days last month and up 34.7% from 118 days in September of last year. The September 2011 DOM was at its highest level compared with September of 2010 and 2009.

Selling Price per Square Foot

The Selling Price per Square Foot is a great indicator for the direction of Property values. Since Median Sales Price and Average Sales price can be impacted by the 'mix' of high or low end Properties in the market, the selling price per square foot is a more normalized indicator on the direction of Property values. The September 2011 Selling Price per Square Foot of $271 was up 1.5% from $267 last month and down -1.1% from $274 in September of last year.

Based on information from Empire Access Multiple Listing Service, Inc. for the period 10/1/2008 through 9/30/2011. Due to MLS reporting methods and allowable reporting policy, this data is only informational and may not be completely accurate. Therefore, Coldwell Banker Residential Brokerage does not guarantee the data accuracy. Data maintained by the MLS's may not reflect all real estate activity in the market.

MARKET ACTION REPORT

Marc Campolongo

September 2011
Sales Consultant 914-564-1782 marc.campolongo@cbmoves.com marccampolongo.com

MLS Area: Briarcliff Manor

Price Range: ALL | Properties: Single Family Home, Condo, Co-Op

Selling Price vs Original Listing Price

The Selling Price vs Original Listing Price reveals the average amount that Sellers are agreeing to come down from their original list price. The lower the ratio is below 100% the more of a Buyer's market exists, a ratio at or above 100% indicates more of a Seller's market. The September 2011 Selling Price vs Original List Price of 94.8% was down from 95.1% last month and down from 96.2% in September of last year.

Inventory / New Listings / Sales

'This last view of the market combines monthly inventory of Properties for sale along with New Listings and Sales. The graph shows the basic annual seasonality of the market as well as the relationship between these items. The number of New Listings in September 2011 was 13, up 8.3% from 12 last month and up 18.2% from 11 in September of last year.

Based on information from Empire Access Multiple Listing Service, Inc. for the period 10/1/2008 through 9/30/2011. Due to MLS reporting methods and allowable reporting policy, this data is only informational and may not be completely accurate. Therefore, Coldwell Banker Residential Brokerage does not guarantee the data accuracy. Data maintained by the MLS's may not reflect all real estate activity in the market.

MARKET ACTION REPORT

Marc Campolongo

September 2011
Sales Consultant 914-564-1782 marc.campolongo@cbmoves.com marccampolongo.com

MLS Area: Briarcliff Manor

Price Range: ALL | Properties: Single Family Home, Condo, Co-Op

Homes Sold 3 Mo. Roll Avg

(000's)

O 08 5

N 4

D J 09 3 1 4 3

F 3 2

M 2 2

A 4 3

M 4 3

J 6 5

J 7 6

A 10 8

S 8 8

O 1 6

N 6 5

D J 10 2 2 3 3

F 3 2

M 6 4

A 2 4

M 2 3

J 9 4

J 5 5

A 8 7

S 8 7

O 6 7

N 3 6

D J 11 5 3 5 4

F 9 6

M 4 5

A 2 5

M 7 4

J 5 5

J 5 6

A 12 7

S 6 8

MedianSalePrice 3 Mo. Roll Avg

O 08 N D J 09 F M A M J J A S O N D J 10 F M A M J J A S O N D J 11 F M A M J J A S 650 831 680 267 650 619 774 775 845 925 659 909 625 694 583 620 461 513 823 323 649 1,150 772 840 586 700 720 610 655 538 1,055 609 425 601 905 695 720 593 532 512 681 723 798 848 810 831 731 742 634 632 555 531 599 553 598 707 857 920 732 708 669 677 662 601 749 734 696 545 644 734 O 08 54 11 N 58 15 D J 09 54 60 18 60 F 62 21 M 69 35 A 71 18 M 77 19 J 76 13 J 66 9 A 62 6 S 63 8 O 65 65 N 51 9 D J 10 52 53 26 27 F 54 18 M 60 10 A 71 36 M 72 36 J 76 8 J 76 15 A 71 9 S 67 8 O 73 12 N 63 21 D J 11 53 45 11 15 F 41 5 M 53 13 A 63 32 M 63 9 J 58 12 J 52 10 A 48 4 S 53 9

Inventory MSI

Days On Market 3 Mo. Roll Avg

O 08 N D J 09 F M A M J J A S O N D J 10 F M A M J J A S O 201 163 111 65 224 379 200 192 161 192 156 145 82 169 138 152 114 215 213 78 98 105 157 118 82 158 113 133 223 268 257 184 182 170 164 128 132 130 153 135 160 181 169 130 94 120 127 119

N D J 11 F M A M J J A S 85 223 100 223 246 314 128 232 118 167 159 95 130 136 182 190 261 229 225 159 172 148

Price per Sq Ft 3 Mo. Roll Avg

O 08 N D J 09 F M A M J J A S O N D J 10 F M A M J J A S O N D J 11 F M A M J J A S 257 335 313 254 268 243 290 255 315 278 281 281 298 264 321 181 324 289 255 206 269 344 267 274 318 230 260 254 282 276 243 250 228 275 267 271 302 301 278 255 267 263 287 283 291 280 287 281 294 255 275 265 289 250 243 273 293 295 286 274 269 248 265 271 267 256 240 251 257 271 O 08 N D J 09 F M A M J J A S O N D J 10 F M A M J J A S O N D J 11 F M A M J J A S

Sale to List Price 3 Mo. Roll Avg

0.930 0.953 0.970 0.975 0.961 0.890 0.958 0.924 0.916 0.951 0.943 0.934 0.940 0.927 0.981 0.957 0.987 0.930 0.971 0.941 0.974 0.926 0.971 0.962 0.953 0.987 0.920 0.974 0.965 0.957 0.905 0.939 0.918 0.962 0.951 0.948 0.951 0.966 0.969 0.942 0.936 0.924 0.933 0.930 0.937 0.943 0.939 0.934 0.949 0.955 0.975 0.958 0.963 0.947 0.962 0.947 0.957 0.953 0.962 0.967 0.953 0.960 0.953 0.965 0.942 0.934 0.921 0.940 0.944 0.954

New Listings Inventory Sales

(000's)

O 08 7 54 5

N 14 58 4

D J 09 4 15 54 60 3 1

F 8 62 3

M 13 69 2

A 7 71 4

M 20 77 4

J 13 76 6

J 8 66 7

A 10 62 10

S 10 63 8

O 12 65 1

N 4 51 6

D J 10 5 11 52 53 2 2

F 10 54 3

M 11 60 6

A 22 71 2

M 14 72 2

J 14 76 9

J 14 76 5

A 9 71 8

S 11 67 8

O 13 73 6

N 2 63 3

D J 11 3 5 53 45 5 3

F 6 41 9

M 21 53 4

A 16 63 2

M 6 63 7

J 10 58 5

J 7 52 5

A 12 48 12

S 13 53 6

Avg Sale Price 3 Mo. Roll Avg

O 08 N D J 09 F M A M J J A S O N D J 10 F M A M J J A S O N D J 11 F M A M J J A S 712 808 716 267 965 619 684 729 959 996 703 924 625 748 583 620 645 560 823 323 688 1,313 895 779 884 647 806 568 697 573 1,055 594 542 604 898 671 745 597 649 617 756 678 791 895 886 874 751 766 652 650 616 608 676 568 611 775 965 996 853 770 779 674 690 613 775 741 730 580 682 725

Based on information from Empire Access Multiple Listing Service, Inc. for the period 10/1/2008 through 9/30/2011. Due to MLS reporting methods and allowable reporting policy, this data is only informational and may not be completely accurate. Therefore, Coldwell Banker Residential Brokerage does not guarantee the data accuracy. Data maintained by the MLS's may not reflect all real estate activity in the market.