MARKET ACTION REPORT

Phillip King

February 2013
Sales Associate Office: (631) 588-9090 Ext. 108 Cell: (516) 241-6264 phillip.king@cbmoves.com
Trending Versus*: Trending Versus*:

City: Middle Island

Price Range: $0 to $999,999,000 | Properties: Single Family Home, Townhome, Condo

Market Profile & Trends Overview

Median List Price of all Current Listings Average List Price of all Current Listings February Median Sales Price February Average Sales Price Total Properties Currently for Sale (Inventory) February Number of Properties Sold February Average Days on Market (Solds) February Month's Supply of Inventory February Sale Price vs List Price Ratio

Month

LM

L3M PYM
19% 22% -29% -13% 2%

LY

YTD
$151,000 $175,568 17 135 16.4 92.8%

PriorYTD
-30% -17% 21% 3% -24% -3.8%

PriorYear
-13% -1% -12% -24% -2.1%

$179,990 -1% $205,548 -2% $174,000 50% $214,894 53% 139 1% 8 -11% 87 -51% 17.4 13% 96.0% 10.1%

-10% -3% -24% 0% -6% 22% -7% 0% -16% -43% -7% -20% 0% 1.3%

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

Property Sales
February Property sales were 8, equal to 8 in February of 2012 and -11.1% lower than the 9 sales last month. February 2013 sales were at a mid level compared to February of 2012 and 2011. February YTD sales of 17 are running 21.4% ahead of last year's year-to-date sales of 14.

Prices
The Median Sales Price in February was $174,000, down -23.9% from $228,750 in February of 2012 and up 50.0% from $116,000 last month. The Average Sales Price in February was $214,894, down -6.1% from $228,931 in February of 2012 and up 52.8% from $140,611 last month. February 2013 ASP was at a mid range compared to February of 2012 and 2011.

Based on information from Multiple Listing Service of Long Island for the period 3/1/2010 through 2/28/2013. 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

Phillip King

February 2013
Sales Associate Office: (631) 588-9090 Ext. 108 Cell: (516) 241-6264 phillip.king@cbmoves.com

City: Middle Island

Price Range: $0 to $999,999,000 | Properties: Single Family Home, Townhome, Condo

Inventory & MSI

The Total Inventory of Properties available for sale as of February was 139, up 0.7% from 138 last month and down -6.7% from 149 in February of last year. February 2013 Inventory was at the lowest level compared to February of 2012 and 2011. A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers. The February 2013 MSI of 17.4 months was at its lowest level compared with February of 2012 and 2011.

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 February was 87, down -51.1% from 178 days last month and down -16.3% from 104 days in February of last year. The February 2013 DOM was at its lowest level compared with February of 2012 and 2011.

Selling Price vs Listing Price

The Selling Price vs Listing Price reveals the average amount that Sellers are agreeing to come down from their 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 February 2013 Selling Price vs List Price of 96.0% was up from 87.2% last month and down from 96.3% in February of last year.

Based on information from Multiple Listing Service of Long Island for the period 3/1/2010 through 2/28/2013. 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

Phillip King

February 2013
Sales Associate Office: (631) 588-9090 Ext. 108 Cell: (516) 241-6264 phillip.king@cbmoves.com

City: Middle Island

Price Range: $0 to $999,999,000 | Properties: Single Family Home, Townhome, Condo

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 February 2013 was 33, down 5.7% from 35 last month and up 43.5% from 23 in February of last year.

Based on information from Multiple Listing Service of Long Island for the period 3/1/2010 through 2/28/2013. 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.