MARKET ACTION REPORT

The Sound Partners

February 2012
Realtors 203-292-5173 thesoundpartners@gmail.com Make a Sound decision based on facts not hype

City: Fairfield
Price Range: ALL | Properties: Single Family Home

Trending Versus*:

Trending Versus*:

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) Asking Price per Square Foot (based on New Listings) February Sold Price per Square Foot February Month's Supply of Inventory February Sale Price vs List Price Ratio

Month

LM

L3M PYM
-2% 14% 65% 0% 8% 18% -1%

LY

YTD
$510,000 $672,166 51 169 $331 $274 17.9 91.7%

PriorYTD
8% -8% -25% 41% -12% -3% 65% -3.1%

PriorYear
-7% -2% 59% -2% -7% 56% -2.8%

$684,000 9% $1,146,321 0% $477,500 -9% $716,960 15% 486 13% 26 4% 211 68% $324 -5% $298 19% 18.7 9% 92.4% -1.7%

7% 3% 7% -13% -3% 4% 29% -24% 68% 99% -10% -4% 6% 1% 68% 62% -4% -2.1%

* 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 26, down -23.5% from 34 in February of 2011 and 4.0% higher than the 25 sales last month. February 2012 sales were at their lowest level compared to February of 2011 and 2010. February YTD sales of 51 are running -25.0% behind last year's year-to-date sales of 68.

Prices
The Median Sales Price in February was $477,500, up 7.2% from $445,500 in February of 2011 and down -8.5% from $522,000 last month. The Average Sales Price in February was $716,960, down -2.8% from $737,313 in February of 2011 and up 14.6% from $625,580 last month. February 2012 ASP was at the lowest level compared to February of 2011 and 2010.

Based on information from Greater Fairfield County CMLS, Inc. for the period 3/1/2009 through 2/29/2012. 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

The Sound Partners

February 2012
Realtors 203-292-5173 thesoundpartners@gmail.com Make a Sound decision based on facts not hype

City: Fairfield
Price Range: ALL | Properties: Single Family Home

Inventory & MSI

The Total Inventory of Properties available for sale as of February was 486, up 13.3% from 429 last month and up 28.6% from 378 in February of last year. February 2012 Inventory was at highest level compared to February of 2011 and 2010. A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers. The February 2012 MSI of 18.7 months was at its highest level compared with February of 2011 and 2010.

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 211, up 67.5% from 126 days last month and up 67.5% from 126 days in February of last year. The February 2012 DOM was at its highest level compared with February of 2011 and 2010.

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 February 2012 Selling Price per Square Foot of $298 was up 19.2% from $250 last month and up 5.7% from $282 in February of last year.

Based on information from Greater Fairfield County CMLS, Inc. for the period 3/1/2009 through 2/29/2012. 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

The Sound Partners

February 2012
Realtors 203-292-5173 thesoundpartners@gmail.com Make a Sound decision based on facts not hype

City: Fairfield
Price Range: ALL | Properties: Single Family Home

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 February 2012 Selling Price vs Original List Price of 92.4% was down from 94.0% last month and down from 95.9% in February 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 February 2012 was 131, up 12.9% from 116 last month and up 52.3% from 86 in February of last year.

Based on information from Greater Fairfield County CMLS, Inc. for the period 3/1/2009 through 2/29/2012. 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.