Multiple Listing Service

For Immediate Release: January 7, 21 CONTACT: Dan Santa Maria MLS President (52) 795-1492 Wes Wiggins Vice President, MLS (52) 382-8792 Cheri Meadows Senior Vice President, TAR (52) 327-4218 For Tucson Association of REALTORS SALE Multiple Listing Service Monthly Statistics December 29 The Tucson Housing Market is waking up for 21! As we review this month s Monthly Statistical Digest, we can see that the market is beginning to show signs of an upswing in Southern Arizona. The December 29 Recap on the following page shows the following improvements in December 29 numbers over December 28 numbers. These are: Home Sales Units (+1.47%), Home Sales Volume (+11.34%), Pending Contracts (+38.56%), and Average Sales Price (+.78). Also, New Listings (-9.86%) and Active Listings (-19.63%) continue to decline to manageable levels. The Multiple Listing Service is in the process of preparing the detailed Year End Review for 29 which should be released in the next few weeks. Some highlights of this report include Home Unit Sales at 9.49% over Home Sales in 28 and Home Sales Volume just under 1% of the volume done in 28. It is very exciting to see the numbers moving in the right direction. The extension and expansion of the First-Time Home Buyer tax credit should help to continue to push the market forward. As you know, Congress has passed new legislation to extend the First-Time Home Buyer Tax Credit of up to $8, to first-time home buyers and up to $6,5 credit to current home owners until April 3, 21. Affordable housing, low interest rates and government backed financing will definitely assist the real estate market in 21. Lifestyle Opportunities: No matter what area or type of home you are interested in, you have a variety of options. Financial: Multiple financing opportunities are available Talk to a REALTOR! With the complexity of a real estate transaction, you need a REALTOR. I wish all of you a happy, healthy and prosperous New Year and all the best in 21. Dan Santa Maria 21 MLS President The Tucson Multiple Listing Service, Inc. is a wholly owned subsidiary of the Tucson Association of REALTORS, dedicated to providing a reliable real estate database for members and the public. The Association represents the interests of 5,7 professionals in the real estate industry, and is affiliated with the National Association of REALTORS. REALTOR is a registered collective membership mark which may only be used by professionals who are members and subscribe 1 to its strict code of ethics.

December 29 Recap By Month and by Year % of Change Home Sales Volume New Listings 29 28 Annual % Change 29 28 Annual % Change December $179,34,898 $161,44,358 11.34% December 1,353 1,51 9.86% November $19,456,3 $14,72,158 35.34% November 1,564 1,615 3.16% Month % Change 5.85% 14.44% Month % Change 13.49% 7.6% Average Sales Price Home Sales Units 29 28 Annual % Change 29 28 Annual % Change December $22,376 $2,83.78% December 886 82 1.47% November $188,384 $215,168 12.45% November 1,11 654 54.59% Month % Change 7.43% 6.68% Month % Change 12.36% 22.63% Pending Contracts Median Sales Price 29 28 Annual % Change 29 28 Annual % Change December 848 612 38.56% December $154,262 $168, 8.18% November 947 677 39.88% November $162,5 $177,3 8.35% Month % Change 1.45% 9.6% Month % Change 5.7% 5.25% Active listings 29 28 Annual % Change December 6,13 7,627 19.63% November 6,35 7,996 2.59% Month % Change 3.46% 4.61% Active / Sold by Zip Code Zip Code # Active # Sold % Zip Code # Active # Sold % Zip Code # Active # Sold % Zip Code # Active # Sold % 8561.% 8575 13 31 23.85% 85719 159 16 1.6% 85746 139 45 32.37% 85614 34 23 7.57% 8576 12 43 35.83% 8573 168 34 2.24% 85747 128 25 19.53% 85619 2 1 5.% 8571 245 37 15.1% 85735 87 6 6.9% 85748 12 14 13.73% 85622 68 5 7.35% 85711 148 27 18.24% 85736 36 5 13.89% 85749 177 19 1.73% 85629 213 47 22.7% 85712 172 28 16.28% 85737 237 27 11.39% 8575 284 27 9.51% 85641 29 44 21.5% 85713 26 36 17.48% 85739 244 21 8.61% 85755 244 28 11.48% 85653 158 16 1.13% 85714 29 7 24.14% 85741 131 18 13.74% 85756 123 28 22.76% 85658 213 2 9.39% 85715 135 13 9.63% 85742 193 37 19.17% 85757 9 38 42.22% 8571 33 2 6.6% 85716 151 14 9.27% 85743 224 23 1.27% 8574 178 18 1.11% 85718 396 37 9.34% 85745 236 26 11.2% 2

Total Unit Sales December 29 Unit Sales Breakdown by Type 1,8 1,6 1,4 1,2 1, 8 6 4 2 1996 62 497 81 771 899 834 778 739 631 633 572 68 TH/THNC, 72, 8.13% CND/CNDN C, 31, 3.5% MSFR, 27, 3.5% MH, 9, 1.2% 1997 526 573 738 794 776 816 81 754 726 735 568 689 1998 579 68 845 876 927 994 1,52 831 822 776 775 865 1999 624 719 957 1,53 1,89 1,29 1,87 1,64 869 878 791 84 2 658 687 1,79 99 1,16 1,95 929 1,31 867 824 851 767 21 75 792 1,18 1,77 1,276 1,236 1,236 1,162 883 769 832 827 22 78 95 1,94 1,219 1,386 1,21 1,236 1,126 985 1,158 954 1,91 23 898 955 1,157 1,312 1,425 1,372 1,343 1,336 1,25 1,215 992 1,96 24 948 1,4 1,397 1,57 1,599 1,74 1,61 1,515 1,294 1,336 1,228 1,289 25 1,75 1,357 1,566 1,519 1,739 1,89 1,619 1,87 1,474 1,414 1,274 1,269 26 974 1,147 1,597 1,493 1,643 1,666 1,38 1,414 1,95 1,174 1,99 1,1 SFR/SFRNC, 747, 84.31% 27 947 999 1,339 1,318 1,418 1,378 1,182 1,84 769 884 81 753 28 621 761 93 1,15 1,7 1,7 959 923 965 846 654 82 29 615 694 925 939 1,29 1,185 1,235 1,8 979 1,63 1,11 886 Total Unit Sales By Type Monthly Comparison YTD Annual Comparison Breakdown by Type 1,2 9 16, 3, 1, 8 7 14, 1 2,5 8 6 6 5 4 1, 8, 1,5 4 2 3 2 1 6, 4, 1, 5 Jul 9 Aug 9 Sep 9 Oct 9 Nov 9 Dec 9 SFR/NC 1,14 817 786 867 838 747 Total 25 Total 26 Total 27 Total 28 YTD 29 TH/NC 85 67 74 82 85 72 SFR/SFRNC 14,179 11,85 9,918 8,698 9,778 CND/NC 44 55 42 33 38 31 TH/THNC 2,223 2,461 1,182 863 91 MFSR 38 33 39 32 41 27 CND/CNDNC 359 42 1,13 54 467 MH 3 8 4 7 9 9 MSFR 1,38 858 642 431 4 MH 24 166 126 95 9 3

Total Sales Volume December 29 $6 $5 $4 Millions $3 $2 $1 $ 1996 $72,863,784 $65,278,263 $99,5,785 $91,822,822 $115,671,759 $112,795,242 $11,475,299 $93,816,741 $78,823,94 $78,824,294 $73,563,516 $79,528,54 1997 $71,177,48 $74,583,828 $94,854,934 $98,59,86 $11,913,88 $18,237,429 $17,448,925 $96,165,858 $99,618,564 $99,938,46 $76,149,538 $92,2,619 1998 $77,785,862 $77,484,986 $116,955,77 $121,36,691 $133,49,96 $148,87,34 $145,57,915 $112,44,172 $19,477,456 $12,188,19 $13,665,968 $121,751,84 1999 $9,59,9 $11,897,42 $143,396,32 $148,357,63 $167,56,91 $193,911,272 $161,97,476 $153,858,716 $121,836,196 $125,752,5 $114,643,136 $121,66,715 2 $94,916,293 $99,359,338 $166,15,711 $155,49,196 $175,425,17 $181,38,914 $147,91,319 $16,991,921 $135,989,146 $123,393,685 $138,519,683 $123,753,719 21 $18,684,72 $119,8,91 $17,781,971 $176,489,281 $29,586,62 $21,379,523 $27,981,22 $194,43,151 $141,49,869 $144,113,532 $13,548,4 $135,865,78 22 $122,75,828 $147,169,783 $175,931,513 $25,393,117 $244,489,765 $24,478,78 $29,382,878 $22,27,926 $161,137,443 $193,,33 $168,887,81 $197,57,36 23 $141,776,822 $159,998,491 $198,62,58 $237,388,714 $258,327,85 $265,71,5 $246,111,947 $239,24,48 $236,18,155 $225,728,68 $171,889,22 $194,212,51 24 $171,177,241 $196,428,956 $287,466,573 $324,353,643 $328,841,312 $37,872,611 $339,127,33 $31,88,667 $272,763,274 $283,59,847 $263,16,677 $278,71,36 25 $248,23,413 $319,21,53 $372,95,161 $376,595,852 $452,983,12 $512,111,477 $425,648,74 $477,252,188 $378,847,375 $371,12,972 $339,661,47 $338,878,54 26 $266,574,836 $313,75,322 $45,64,439 $416,687,995 $44,12,128 $449,16,923 $358,784,873 $378,437,453 $282,346,576 $312,578,616 $289,627,972 $285,655,623 27 $257,916,141 $259,256,15 $362,397,582 $367,164,71 $395,81,716 $44,364,96 $316,549,145 $296,964,652 $29,911,233 $229,448,467 $216,12,92 $193,643,336 28 $164,675,327 $198,192,914 $24,688,743 $255,75,619 $269,871,68 $275,281,555 $24,837,426 $217,61,752 $28,76,814 $186,356,19 $14,72,158 $161,44,358 29 $126,748,154 $153,62,36 $188,33,398 $179,846,835 $28,358,145 $245,389,73 $259,69,959 $199,819,664 $192,241,72 $27,559,66 $19,456,3 $179,34,898 Total Sales Volume By Type Monthly Comparison Monthly Volume by Type Millions $25 $2 $15 $1 $14,, $1, $1,, $8,, $6,, CND/NC, $3,18,782, 1.77% TH/NC, $11,56,93 5, 6.42% MSFR, $2,58,986, 1.15% MH, $352,4,.2% $4,, $5 $, $ $ Jul 9 Aug 9 Sep 9 Oct 9 Nov 9 Dec 9 SFR/NC $227,711,548 $176,372,556 $167,87,711 $182,14,844 $17,38,679 $162,25,795 TH/NC $12,676,665 $1,5,964 $1,296,345 $11,316,97 $12,216, $11,56,935 CND/NC $5,458,75 $5,889,49 $4,419,49 $3,385,188 $4,152,15 $3,18,782 SFR/NC, $162,25,7 95, 9.46% MFSR $3,513,59 $2,785,61 $3,174,177 $2,775,75 $3,122,851 $2,58,986 MH $187,5 $534,9 $172,675 $35,525 $656,35 $352,4 4

Average Sales Price December 29 $35, $3, $25, $2, $15, $1, $5, $ 1996 $117,522 $131,345 $124,221 $119,96 $128,667 $135,246 $13,431 $126,951 $124,919 $124,367 $128,68 $13,83 1997 $135,318 $13,164 $128,53 $124,67 $131,332 $132,644 $132,653 $127,541 $137,216 $135,97 $134,66 $133,818 1998 $134,345 $127,442 $138,49 $138,17 $143,527 $149,769 $137,888 $135,264 $133,184 $131,686 $133,763 $14,754 1999 $145,176 $141,721 $149,839 $14,89 $153,866 $16,39 $148,24 $144,64 $14,23 $143,226 $144,934 $151,319 2 $144,25 $144,628 $153,944 $156,979 $158,612 $165,645 $158,333 $156,151 $156,85 $149,75 $162,773 $161,348 21 $154,163 $15,354 $154,135 $163,871 $164,253 $162,928 $168,27 $167,324 $159,739 $152,987 $156,99 $164,287 22 $157,373 $162,619 $16,815 $168,493 $176,4 $17,257 $169,44 $179,637 $163,591 $166,667 $177,3 $181,91 23 $157,881 $167,538 $171,186 $18,937 $181,283 $193,21 $183,255 $179,72 $188,887 $185,785 $173,275 $177,21 24 $18,567 $188,874 $25,774 $26,595 $25,654 $213,145 $211,822 $25,22 $21,791 $212,269 $214,183 $216,222 25 $23,887 $235,93 $238,126 $247,924 $26,485 $27,958 $262,98 $264,113 $257,2 $262,449 $266,61 $267,44 26 $273,691 $273,54 $281,819 $279,94 $267,81 $269,518 $274,3 $267,636 $257,851 $266,251 $263,538 $259,687 27 $272,351 $259,516 $27,648 $278,577 $278,619 $293,443 $267,88 $273,953 $272,966 $259,557 $266,794 $257,162 28 $265,178 $26,437 $258,85 $251,971 $252,216 $257,272 $254,854 $235,755 $216,276 $226,435 $215,168 $2,83 29 $26,95 $221,355 $23,279 $191,53 $22,486 $27,8 $21,276 $198,234 $196,365 $195,258 $188,384 $22,376 Average Sales Price by Type December 29 Average Sale Price per Area December 29 MSFR, $76,259, 12.82% MH, $39,156, 6.58% SFR/NC, $217,143, 36.5% $5, $45, $4, $35, $453,872 $32,737 $3, $265,81 CND/NC, $12,66, 17.25% TH/NC, $159,819, 26.86% $25, $2, $15, $1, $5, $ $14, $83,844 $161,17 $153,841 $91,471 $19,671 $14,345 $116,223 $176,847 $188,45 $177,264 N NE NW XNE XNW C E S SE SW XSW XS W XW 5

Median Sale Price by Type Total Listings Under Contract MSFR, $56,745, 11.53% MH, $4, 8.53% SFR/NC, $163,, 33.11% 3,5 3, 2,5 1,5 1, 5 CND/NC, $97,, 19.71% TH/NC, $133,5, 27.12% 1996 89 948 1,38 1,15 981 814 847 682 64 67 538 477 1997 699 766 911 851 87 859 856 775 765 691 712 613 1998 88 887 1,2 1,76 99 95 946 898 885 964 815 651 1999 861 961 1,251 1,148 1,145 1,228 1,88 957 954 859 913 624 2 689 1,3 1,216 1,39 973 954 969 896 813 846 814 649 21 887 1,89 1,285 1,168 1,246 1,217 1,131 1,148 911 1,11 92 84 22 1,18 1,254 1,415 1,555 1,427 1,345 1,335 1,335 1,241 1,243 1,251 1,17 23 1,319 1,41 1,71 1,719 1,712 1,684 1,62 1,515 1,316 1,414 1,233 1,14 24 1,47 1,676 2,64 2,766 2,44 1,978 1,916 1,71 1,652 1,742 1,593 1,282 25 1,259 1,881 2,188 2,285 2,391 2,257 2,28 1,961 1,877 1,766 1,528 1,236 26 1,672 1,796 2,25 1,928 2,19 1,712 1,89 893 747 782 891 678 SFR/NC TH/NC CND/NC MSFR MH 27 863 1,94 1,192 1,217 1,191 2,53 1,777 1,24 989 993 91 799 28 1,79 1,317 1,41 1,547 1,485 951 96 878 836 755 677 612 29 941 1,2 1,28 1,345 1,32 1,432 1,227 1,274 1,333 1,287 947 847 **Total Under Contract now calculating how many listings went under contract during the month rather than the total number of under contract in the MLS. (Eff. 6/8) Median Sale Price December 29 $25, $2, $15, $1, $5, $ 1996 $97,95 $1, $97, $97, $11,5 $16,563 $1, $99,9 $1 $1 $12,5 $13, 1997 $17, $11, $1,825 $13,96 $15, $16,95 $18,225 $12,25 $19,457 $11 $13, $15, 1998 $19,9 $15, $11, $19,751 $112,9 $117, $115,264 $112,5 $18, $19,539 $11, $11 1999 $114, $19,5 $115, $115, $121, $126,5 $12, $114,925 $114,5 $11 $113,5 $118, 2 $11, $11,7 $118, $118,95 $12, $126, $12 $12 $121,5 $119,579 $124, $12,55 21 $12, $117,5 $125, $129,9 $127,5 $13, $13,95 $13,875 $125, $125, $128,75 $125,531 22 $127,875 $127, $128,275 $131, $138,45 $138,9 $138, $14, $133,9 $136,34 $14, $138, 23 $13 $137,5 $137,61 $144,7 $145, $152,45 $146,99 $148, $146,35 $15,9 $141,825 $145, 24 $148, $15, $157, $159,9 $162,487 $169,7 $167, $167,5 $169,95 $17 $177, $17, 25 $177, $186,5 $19, $196, $29, $22 $221,65 $22, $22,915 $225, $226,465 $221,9 26 $219, $225,9 $219, $22, $223, $225, $225, $221,138 $214, $211,383 $216, $215,995 27 $22,365 $219,5 $22,815 $224,921 $223, $225, $217, $22,495 $215, $21, $21 $21, 28 $23, $199,9 $2, $195, $2 $2, $199,9 $185, $18, $18, $177,3 $168, 29 $163, $177,75 $165, $162,5 $169,9 $165, $169, $162,335 $163, $158, $162,5 $154,262 6

Number of Sold Listings by Area Annual Comparison 5, 4,5 4, 3,5 3, 2,5 1,5 1, 5 N NE NW XNE XNW C E S SE SW XSW XS W XW Total 25 1,449 1,26 4,642 3 22 2,776 1,6 925 1,922 1,48 273 56 977 153 Total 26 1,448 863 3,528 7 234 2,365 1,264 1,88 1,554 1,21 28 668 1,86 122 Total 27 1,81 669 3,226 2 158 2,25 897 928 1,26 745 314 825 665 88 Total 28 84 446 2,71 5 15 1,447 782 746 1,3 846 285 73 542 61 Total 29 799 55 2,83 1 131 1,431 83 1,98 1,96 1,87 334 818 626 41 Average Sold per Area by # of Units Sold per Area by # of 2 3 4 5+ All 2 3 4 5+ All N $ 247,264 $ 373,687 $ 738,56 $ 578,643 $ 453,872 N 22 18 18 7 65 NE $ 82,43 $ 234,4 $ 361,429 $ 611,38 $ 32,737 NE 7 12 14 5 38 NW $ 192,364 $ 246,726 $ 348,571 $ 323,167 $ 265,81 NW 32 16 47 6 191 XNW $ 37,917 $ 76,758 $ 137,421 $ 149,9 $ 83,844 XNW 3 5 2 1 11 C $ 16,181 $ 161,685 $ 213,276 $ 41, $ 153,841 C 44 44 17 3 18 E $ 76, $ 16,69 $ 179,85 $ 26,8 $ 161,17 E 4 32 14 2 52 S $ 64,2 $ 91,736 $ 11,239 $ 47,83 $ 91,471 S 8 51 18 3 8 SE $ 85,95 $ 165,513 $ 231,89 $ 29, $ 19,671 SE 4 45 31 3 83 SW $ 58,427 $ 113,111 $ 142,115 $ 146, $ 116,223 SW 13 51 34 1 99 XSW $ 149,4 $ 147,136 $ 92,238 $ $ 14,345 XSW 13 11 4 28 XS $ 117,82 $ 175,172 $ 187,2 $ 296,57 $ 176,847 XS 1 35 28 3 76 W $ 84,287 $ 154,515 $ 315,333 $ 578,333 $ 177,264 W 15 28 6 3 52 XW $ $ 188,45 $ $ $ 188,45 XW 1 1 XNE $ $ 14, $ $ $ 14, XNE 1 1 7

Active Listings December 29 1 1, 8, 6, 4, 1996 4,215 4,331 4,344 4,359 4,42 4,513 4,58 4,74 4,73 4,76 4,543 4,59 1997 4,559 4,85 4,79 4,613 4,525 4,387 4,382 4,468 4,626 4,776 4,674 4,657 1998 4,771 4,714 4,739 4,569 4,524 4,363 4,412 4,446 4,579 4,683 4,576 4,517 1999 4,623 4,59 4,414 4,186 3,981 3,854 3,784 3,812 3,941 4,21 3,888 3,777 2 4,16 3,982 3,938 3,91 3,848 3,876 3,98 4,2 4,229 4,546 4,481 4,422 21 4,716 4,78 4,69 4,478 4,255 4,179 4,1 4,128 4,448 4,64 4,528 4,597 22 4,859 4,456 4,953 4,868 4,747 4,772 4,778 4,837 4,968 5,13 5,67 4,816 23 5,172 5,221 5,264 5,24 4,754 4,628 4,64 4,59 4,799 4,821 4,694 4,639 24 4,856 4,75 4,668 4,55 4,37 4,123 3,926 3,927 3,976 3,838 3,633 3,383 25 3,47 3,262 3,493 3,64 3,882 3,969 4,62 4,45 4,84 5,33 5,554 5,457 26 6,499 7,174 7,577 8,131 8,423 8,725 8,955 9,41 9,297 9,336 9,238 8,518 27 9,742 9,847 1,185 1,387 9,721 8,665 8,692 8,954 9,19 9,313 9,234 8,78 28 9,168 9,168 9,22 8,88 8,527 8,14 7,876 7,763 7,858 7,988 7,996 7,627 Area # of Listings N 662 NE 362 NW 1,621 XNE 2 XNW 111 C 771 E 367 S 292 SE 43 SW 392 XSW 317 XS 46 W 324 XW 55 29 7,694 7,532 7,415 6,89 6,56 6,261 6,75 6,62 6,8 6,213 6,35 6,13 Active Listings Unit Breakdown Active Listings Price Breakdown 1 2 3 4 5 6 7 8 9 CND/NC, 439, 7.16% TH/NC, 631, 1.29% MSFR, 47, 6.64% MH, 84, 1.37% SFR/NC, 4,573, 74.55% 29,999 under 3, 39,999 4, 49,999 5, 59,999 6, 69,999 7, 79,999 8, 89,999 9, 99,999 1, 119,999 12, 139,999 14, 159,999 16, 179,999 18, 199,999 2, 249,999 25, 299,999 3, 399,999 4, 499,999 5, 749,999 75, 999,999 1,, and over 1 26 69 85 118 139 185 163 18 262 35 337 482 479 45 42 453 551 585 84 8

Average Days on Market/Listing December 29 1 9 8 7 6 5 4 3 2 1 1996 66 65 62 6 58 6 65 61 67 66 77 79 1997 84 85 76 79 77 78 74 69 74 75 74 78 1998 83 75 69 7 64 67 66 64 68 68 62 68 1999 71 71 63 64 6 61 61 6 59 53 58 61 2 63 63 57 53 5 47 52 5 49 52 5 55 21 6 59 55 53 48 48 46 46 48 45 48 56 22 59 57 53 52 49 47 48 5 51 49 5 55 23 56 54 77 52 53 53 51 72 49 52 82 5 24 56 61 59 8 51 45 43 4 37 4 39 38 25 42 37 35 31 29 28 25 25 27 29 32 38 Area Avg. DOM N 86 NE 94 NW 81 XNE 136 XNW 96 C 79 E 94 S 52 SE 48 SW 56 XSW 94 XS 64 W 77 XW 111 26 42 43 44 44 48 45 47 51 49 55 58 62 27 68 63 64 65 62 64 65 68 72 7 71 74 28 84 79 76 77 77 78 78 76 82 78 76 75 29 83 85 85 78 84 81 8 71 79 7 73 73 Annual Comparison Average Days on Market/Listing Average Days on Market/Listing Breakdown 9 8 121 18 Days, 8, 9.% 181 + Days, 8, 9.% 7 91 12 Days, 84, 9.5% 3 Days, 341, 38.5% 6 5 4 3 2 25 42 37 35 31 29 28 25 25 27 29 32 38 26 42 43 44 44 48 45 47 51 49 55 58 62 27 68 63 64 65 62 64 65 68 72 7 71 74 28 84 79 76 77 77 78 78 76 82 78 76 75 29 83 85 85 78 84 81 8 71 79 7 73 73 61 9 Days, 18, 12.2% 31 6 Days, 193, 21.8% 9

New Listings December 29 4, 3,5 3, 2,5 1,5 1, 5 1996 1,623 1,462 1,526 1,447 1,57 1,314 1,518 1,216 1,211 1,377 1,5 786 1997 1,553 1,287 1,54 1,342 1,258 1,245 1,317 1,275 1,49 1,334 1,157 98 1998 1,72 1,44 1,588 1,461 1,43 1,321 1,43 1,42 1,476 1,544 1,297 947 1999 1,772 1,487 1,76 1,456 1,41 1,476 1,388 1,429 1,414 1,33 1,265 89 2 1,376 1,42 1,527 1,328 1,395 1,392 1,288 1,457 1,415 1,542 1,358 892 21 1,844 1,512 1,71 1,59 1,521 1,585 1,62 1,67 1,574 1,777 1,352 1,15 22 2,124 1,695 1,897 1,951 1,755 1,741 1,782 1,726 1,851 1,952 1,549 1,191 23 2,261 1,882 1,977 1,877 1,746 1,811 1,889 1,798 1,799 1,91 1,528 1,231 Area # of Listings N 86 NE 63 NW 324 XNE XNW 25 C 164 E 12 S 123 SE 136 SW 116 XSW 52 XS 87 W 66 XW 9 24 2,24 1,831 2,4 1,941 1,816 1,898 1,896 1,789 1,85 1,75 1,539 1,127 25 1,947 1,574 2,15 2,12 2,21 2,293 2,132 2,351 2,44 2,474 2,313 1,638 26 3,29 2,973 3,25 2,892 3,169 3,232 2,867 3,145 2,97 2,886 2,38 1,79 27 3,499 2,376 2,71 3,85 2,96 2,82 2,766 2,337 2,497 2,399 2,224 1,59 28 3,744 2,432 2,444 2,441 2,282 2,95 1,679 1,952 2,39 2,32 1,615 1,51 29 2,361 1,799 1,989 1,73 1,74 1,892 1,842 1,85 1,857 2,48 1,564 1,353 *Includes properties that were re listed Misc. MLS Information December 29 Month #Expired WD Release WD Temp Re-Lists January 29 559 642 2 136 February 29 435 596 7 83 March 29 539 534 9 62 April 29 452 513 7 41 May 29 411 541 1 56 June 29 462 484 13 66 July 29 421 522 1 51 August 29 376 442 14 59 September 29 359 446 16 47 October 29 339 411 21 49 November 29 319 48 1 51 December 29 616 378 9 15 1

Sale Price by Bedroom to 2 3 25 7 2 21 16 6 5 45 58 58 5 46 15 12 13 12 14 12 12 4 1 5 8 8 8 6 9 4 9 8 1 2 3 2 1 1 7 11 15 13 1 15 2 23 18 26 11 11 1 2 29,999 under 3, 39,999 4, 49,999 5, 59,999 6, 69,999 7, 79,999 8, 89,999 9, 99,999 1, 119,999 12, 139,999 14, 159,999 16, 179,999 18, 199,999 2, 249,999 25, 299,999 3, 399,999 4, 499,999 5, 749,999 75, 999,999 1,, over 29,999 under 3, 39,999 4, 49,999 5, 59,999 6, 69,999 7, 79,999 8, 89,999 9, 99,999 1, 119,999 12, 139,999 14, 159,999 16, 179,999 18, 199,999 2, 249,999 25, 299,999 3, 399,999 4, 499,999 5, 749,999 75, 999,999 1,, over 4 or More Total 45 4 35 4 12 1 87 1 87 9 98 3 25 2 15 1 5 5 4 3 4 2 1 21 26 15 28 17 27 27 14 22 11 3 8 6 4 2 9 15 28 27 22 27 26 33 44 54 61 26 35 12 5 29,999 under 3, 39,999 4, 49,999 5, 59,999 6, 69,999 7, 79,999 8, 89,999 9, 99,999 1, 119,999 12, 139,999 14, 159,999 16, 179,999 18, 199,999 2, 249,999 25, 299,999 3, 399,999 4, 499,999 5, 749,999 75, 999,999 1,, over 29,999 under 3, 39,999 4, 49,999 5, 59,999 6, 69,999 7, 79,999 8, 89,999 9, 99,999 1, 119,999 12, 139,999 14, 159,999 16, 179,999 18, 199,999 2, 249,999 25, 299,999 3, 399,999 4, 499,999 5, 749,999 75, 999,999 1,, over 11

Tucson Association of REALTORS, Real Estate Trend Indicator Tucson, AZ From: 12/1/29 to 12/31/29 Statistics generated on: 1/5/9 Residential Listing Statistics Active Listings Days on Market Total Active Total Contingent Total Capa Total Pending Total Inventory Total Sold Area # Per Area of Units Sold Under $29,999 1 5 1 16 9 N 662 1 3 Days 341 $3, to $39,999 26 9 1 36 15 NE 362 31 6 Days 193 $4, to $49,999 69 8 1 11 89 28 NW 1,621 61 9 Days 18 $5, to $59,999 85 13 2 7 17 27 XNE 2 91 12 Days 84 $6, to $69,999 118 1 3 4 135 22 XNW 111 121 18 Days 8 $7, to $79,999 139 17 2 11 169 27 C 771 Over 18 Days 8 $8, to $89,999 185 21 3 11 22 26 E 367 Avg. Days on Market $9, to $99,999 163 2 8 12 23 33 S 292 73 $1, to $119,999 35 55 12 22 439 87 SE 43 Avg. Sold Price $12, to $139,999 482 5 19 2 571 1 SW 392 $22,376 $14, to $159,999 479 66 17 21 583 87 XSW 317 Avg. Median Price $16, to $179,999 45 4 1 19 519 9 XS 46 $154,262 $18, to $199,999 42 19 8 13 442 44 W 324 New Listings $2, to $249,999 84 65 9 16 894 98 XW 55 1,353 $25, to $299,999 551 35 9 15 61 54 Sold Units per Sales Volume by Area $3, to $349,999 333 18 2 8 361 38 N 65 $29,51,689 $35, to $399,999 252 21 1 9 283 23 NE 38 $11,54, $4, to $449,999 156 9 5 17 18 NW 191 $5,63,47 $45, to $499,999 181 9 3 1 194 8 XNE 1 $14, $5, to $749,999 453 12 1 11 477 35 XNW 11 $922,283 $75, to $999,999 18 8 1 1 19 12 C 18 $16,614,825 $1,, to $1,249,999 6 1 2 63 2 E 52 $8,377,578 $1,25, to $1,499,999 72 1 1 2 76 S 8 $7,317,67 $1,5, to $1,999,999 54 1 55 2 SE 83 $15,825,665 $, to $2,999,999 51 51 1 SW 99 $11,56,111 $3,, and over 25 25 XSW 28 $3,929,65 XS 76 $13,44,343 Totals 6,13 511 113 224 6,978 886 W 52 $9,217,714 XW 2 $376,9 Dec. 29 Dec, 28 % Change YTD 29 YTD 28 % Change Total Volume $179,34,898 Home Sales Volume $179,34,898 $161,44,358 11.34% $2,342,145,58 $2,57,429,616 8.88% Home Sales Units 886 82 1.47% 11,636 1,627 9.49% Types of Financing Totals Average Sales Price (All Residential) $22,376 $2,83.78% $21,284 $241,877 16.78% FHA 261 Median Sales Price $154,262 $168, 8.18% $164, $19,55 13.93% VA 63 Average Days on Market: 73 75 2.67% 78 78.% Conventional 277 Average List Price for Solds: $212,263 $211,156.52% $211,658 $ 254,71 16.69% Carryback 7 SP/LP % 95.34% 95.1% 95.1% 95.2% Cash to Loan Pending Contracts 848 612 38.56% Cash 236 Active Listings 6,13 7,627 19.63% Other 42 New Listings 1,353 1,51 9.86% Please note: The data contained in this report is dynamic in nature and therefore subject to change and adjustment with the passage of time. These figures and charts are an approximation of the flow of business as observed through the Tucson Association of REALTORS Multiple Listing Service. This report does not represent all real estate activity in the area as it does not include unrepresented sales, commercial sales or a substantial portion of new home sales. Though the data and materials presented here are deemed to be substantially correct, neither the Tucson Association of REALTORS nor the MLS guarantees nor is in any way responsible for its accuracy. Copyright 29 Tucson Association of REALTORS Multiple Listing Service, Inc. www.tarmls.com www.tucsonrealtors.org 12

7,876 7,858 7,988 7,996 7,763 7,627 7,694 1 $35, Median $ Avg. Sales $ Active Net Pending Sales 1, 1,185 1,387 $3, 9,742 9,847 9,721 9,168 9,41 9,297 9,336 9,238 8,423 8,955 8,725 8,518 9,19 9,313 9,234 8,665 8,692 9,168 8,954 8,78 8,88 9,22 8,527 $25, 8, 7,577 8,131 8,14 7,532 7,415 7,174 6,499 6,89 $2, 6, 6,56 6,261 6,213 6,35 6,75 6,62 6,13 6,8 5,33 5,554 5,457 $15, 4,55 4,856 4,75 4,668 4,45 4,84 4, 4,123 3,976 4,37 3,926 3,927 3,838 3,633 3,262 3,47 3,383 3,969 3,64 4,62 3,882 3,493 $1, 2,766 1,47 1,676 2,64 2,188 2,285 2,391 2,257 2,25 2,44 1,978 2,28 1,916 1,961 1,881 1,877 1,71 1,742 1,766 1,652 1,672 1,796 1,928 2,19 1,712 1,593 1,528 1,282 1,259 1,236 1,89 893 747 782 891 678 863 2,53 1,777 1,192 1,217 1,191 1,94 1,24 989 993 91 799 1,547 1,317 1,41 1,485 1,79 951 96 878 836 755 677 612 941 1,2 1,345 1,28 1,32 $5, 1,333 1,432 1,274 1,287 947 1,227 848 24 25 26 27 28 29 $ 13

7.% Absorption of Inventory 6.% 61.4% 62.6% 62.8% 61.6% 57.7% 56.9% Absorption of Inventory 5.% 48.% 48.8% 49.9% 44.2% 47.5% 43.3% 45.4% 43.8% 44.5% 41.5% 4.% 37.9% 39.1% 35.3% 36.3% 33.1% 3.3% 3.% 27.5% 29.7% 25.7% 25.% 2.% 1.% 22.6% 23.7% 24.% 23.7% 22.9% 22.2% 2.4% 19.6% 19.5% 2.% 2.2% 21.% 2.7% 17.6% 17.4% 16.3% 15.6% 14.4% 13.5% 12.2% 12.3% 11.7% 11.7% 11.1% 11.4% 11.8% 11.7% 12.2% 12.2% 14.9% 11.3% 1.8% 1.7% 1.6% 9.5% 9.6% 9.9% 8.% 8.4% 8.% 8.9% 9.2% 9.5% 8.5% 8.% 13.8%.% Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 24 25 26 27 28 29 14