May 2018 longandfoster.com

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1 May 218 longandfoster.com 33

2 Metropolitan Area - May 218 Median Sales Price $3, $25, $2, $15, $1, $5, $227,5 $241,5 $24, $235, $222, $219, $22, $217, $25, $196, $21, $225, $235, $25, $246, $237, $223, $22, $225, $225, $21, $21, $222,5 $229,9 $239, $6, $4, $2, Median Sale Price $195, $215, $284,295 $288,35 $22, $21, $293,9 $313, $162,75 $165, $ $ Bucks Median Sale Price Percent Change Year/Year 1% 7% This May, the median sale price was $239,, an increase of 4% compared to April. 4% 3% 3% 4% 3% 4% The current median sale price was higher than in May 217. % % 1% % % 1% 1% % % - 34

3 Metropolitan Area - May 218 Total Units Sold 9, 8, 7, 6, 5, 4, 3, 2, 1, 6,97 7,785 6,335 6,622 5,636 5,176 5,27 5,346 4,2 3,724 5,419 5,528 6,921 8,241 6,852 7,17 5,895 5,738 5,516 5,466 4,192 3,563 5,118 5,53 6,642 2, 1,75 1,5 1,25 1, Total Units Sold 1,697 1,658 1,126 1, Bucks Total Units Sold Percent Change Year/Year 3 3% 28% There was an increase of in total units sold in May compared to April. This month's total units sold was lower than at this time last year, a decrease of 4% versus May % % - -1% 13% 13% - 1 9% 4% 19% 14% 8% 11% -4% - % -4% 35

4 Metropolitan Area - May 218 9, 8, Total Units Sold by Type Detached Attached Condo Total Units Sold by Type Detached Attached Condo 7, 6, 5, 463 7% 4, 3, 2, 1, 2, ,43 51% Total Units Sold by Price Range < 15K 15K to < 3K 3K to < 45K 45K to < 6K 6K and up Total Units Sold by Price Range 3,5 3, < 15K 15K to < 3K 3K to < 45K 45K to < 6K 6K and up 2,5 2, 536 8% 426 1,597 24% 1,5 1, 1,38 21% 5 2,73 41% 36

5 Metropolitan Area - May 218 Total Active Inventory 35, 3, 25, 2, 15, 1, 5, 28,999 28,967 28,73 28,72 28,176 27,194 25,749 22,451 22,454 23,2 23,682 24,39 24,913 25,334 25,47 24,681 24,822 24,24 22,63 19,68 19,151 19,448 19,75 19,624 2,191 6, 5, 4, 3, 2, 1, Total Active Inventory 5,416 4,26 3,423 2,934 2,512 1,84 2,535 2,83 Bucks 3,345 2,723 Total Active Inventory Percent Change Year/Year May's total active inventory of 2,191 units was 3% higher than the previous month's supply of inventory. % - -1% Versus last May, the total number of homes available was lower by 4,722 units or 19% % -13% -14% -14% % -13% -13% % -19% -19% -3% 37

6 Metropolitan Area - May , Total Active Inventory by Type Detached Attached Condo Total Active Inventory by Type Detached Attached Condo 3, 25, 1,386 7% 2, 15, 1, 5, 6,827 34% 11,978 59% Total Active Inventory by Price Range < 15K 15K to < 3K 3K to < 45K 45K to < 6K 6K and up Total Active Inventory by Price Range 35, 3, < 15K 15K to < 3K 3K to < 45K 45K to < 6K 6K and up 25, 2, 3, ,669 23% 15, 1, 1,932 1% 5, 3,93 19% 6,

7 Metropolitan Area - May Average Sale Price as a Percent of List Price Sale Price as % of List Price 98.% % % % 97.4% % 97.1% 96.8% 97.3% 97.4% % 98.% 97.8% 97.8% 97.4% 97.3% 97.3% % 98.% 98.4% 99.% 98.% 97.% 98.% % % Bucks % 95. Days on Market Current One Year Month Ago 5 56 Down -11% Vs. Year Ago Avg Sale Price as % of List Price Current One Year Month Ago 98.4% Up.3% Vs. Year Ago Days on Market % 99% 98% 97% % 93% 9 Average Sale Price as a Percent of List Price by Price Range < 15K 15K to < 3K 3K to < 45K 45K to < 6K 6K and up 45 91% 39

8 Metropolitan Area - May 218 $3,, Total Dollar Volume Sold In Thousands $2,5, $2,, $1,5, $1,, $5, $1,633,688 $2,218,298 $1,813,178 $1,89,717 $1,51,224 $1,359,175 $1,393,546 $1,42,668 $1,28,9 $885,855 $1,389,25 $1,5,471 $1,954,293 $2,493,959 $2,33,643 $2,27,814 $1,593,128 $1,524,21 $1,499,465 $1,59,194 $1,88,244 $893,465 $1,362,82 $1,533,264 $1,893,876 Total volume sold this May was 3% less than the same month one year ago. In May, there was 3. months of supply available, compared to 3.6 in May 217. That was a decrease of 1 versus a year ago. $ 7 Months of Supply 's Active Inventory/'s Unit Sales Total Dollar Volume Sold Current One Year Month Ago $1,893,876,265 $1,954,293, Down -3% Vs. Year Ago Months of Supply Current One Year Month Ago Down -1 Vs. Year Ago 4

9 Metropolitan Area - May , 1, 8, 6, 4, 2, 9,773 6,67 9,333 6,163 7,996 5,453 7,98 5,557 8,181 5,84 New Listings Current One Year Month Ago 1,442 1,514 Down -1% Vs. Year Ago New Contracts Current One Year Month Ago 7,185 7,464 Down -4% Vs. Year Ago 7,434 5,346 6,115 4,585 4,527 3,798 New Listings & New Contracts New Listings 7,173 4,696 8,221 5,495 1,336 New Contracts (Under Active Contract Status) 7,16 9,934 7,112 1,514 7,464 Based on this month's amount of new listings and new contracts, the ratio of home supply (new listings) to current home demand (new contracts) was 1.5, similar to the ratio from one year ago. 9,669 6,738 8,342 5,948 8,523 6,71 8,231 5,38 7,769 5,64 6,379 4, ,27 3,79 6,682 4,639 7,634 5,239 8,78 6, ,341 7,63 1,442 7, , 2,5 2, 1,5 1, 5 2, 1,5 1, 5 New Listings 2,378 2,39 1,73 1,64 1,73 1,77 1,253 1,191 1,62 1, ,136 1,159 Bucks New Contracts Supply/Demand Ratio Number of New Listings to New Contracts Bucks ,213 1,