Local Market Update February 2013

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Local Market Update February 213 February sales of single-family homes reported in Lucas and Upper Wood County by the Toledo Board of REALTORS totaled 315. This was unchanged compared to February of 212. Sales volume generated by February activity totaled $33.4million, a 24% increase from February of 212, and year to date sales volume is up 34%. The average sales price was $13,554 an increase of 21% compared to last February. Sales through February reached 664, a 9% increase over 212 when 68 transactions occurred for the same period. The average sales price year-to-date stood at $12,9 and represented a 21% increase from 212 s year-to-date numbers. 637 listings were added to the system in February, which was down 12% from last February s 725. Year to date new listings totaled 1,282 a decrease of 11% from the 1,44 submitted through February of last year. Inventory of single-family listings showed 3,458 available at month s end which represented a supply of 11. months. Lucas and Upper Wood County 212 213 +/- 212 213 +/- Closed Sales 315 315 68 664 9% Pending 36 393 9% 693 85 16% Average $85,37 $13,554 21% $85,196 $12,9 21% Average Price Per Square Foot $47 $52 11% $47 $53 13% % of Original List Price Received 92% 92% 92% 93% -1% Average Days On Market 123 129-5% 119 125 5% New Listings 725 637-12% 1,44 1,282-11% Active Listings 4,57 3,458-15% Months Supply of Inventory 12.9 11. -15% Volume (in 1 s) $26,911 $33,37 24% $51,851 $69,247 34% Lucas County Status $ $49,999 $5, $99,999 $1, $199,999 $2, $299,999 $3, $399,999 $4, $499,999 $5,+ Sold 125 65 6 18 6 2 1 Pending 143 77 79 3 9 1 3 Active 94 928 739 271 85 4 51 Months Supply of Inventory 7.5 14.3 12.3 15.1 14.2 2. 51.

Jan-12 Feb-12 Mar-12 Apr-12 May-12 Jun-12 Jul-12 Aug-12 Sep-12 Oct-12 Nov-12 Dec-12 Jan-13 Feb-13 Local Market Update February 213 Lucas and Upper Wood County Home Sales Lucas and Upper Wood County Home Sales 6 5 4 3 2 1 231 315 315 212 213 Feb 211 Feb 212 Feb 213 $135, $125, $115, $15, $95, $85, $75, Lucas and Upper Wood County Average Lucas and Upper Wood County Average $88,289 $85,37 $13,554 Feb 211 Feb 212 Feb 213 Inventory Supply Chart 16 14 12 1 8 6 4 2 5 45 4 35 3 25 2 15 1 5 Months inventory Supply

Local Market Update February 213 Area & Zip Codes New Listings Active Listings Pending Sold Average Av. Days on Market Months of Inventory Sylvania (2 &3) [4356, 43617] 54 312 36 28 $17,38 166 11.1 Airport/Swanton (4) [43558] 15 74 12 9 $98,351 132 8.2 Spring Meadows (5) [43528] 2 138 2 14 $169,37 149 9.9 Monclova (6) [43542] 6 33 2 2 $167, 69 16.5 Maumee (7) [43537] 4 185 24 18 $179,539 136 1.3 Whitehouse (8) [43571] 15 48 7 2 $215,25 57 24. Waterville (1) [43566] 9 41 7 6 $28,464 135 6.8 Toledo (11 15 & 17) [43623, 43613, 43612, 43611, 43615, 4366] 216 1,246 128 117 $55,217 126 1.6 Ottawa Hills (16) [43615 & 4366] 16 72 4 3 $397,267 128 24. Toledo (18-22) [4361, 4362, 4368, 4362, 4364, 43624, 4367, 4369] 79 429 51 35 $17,94 119 12.3 Heatherdowns (23) [43614] 5 258 33 2 $8,423 19 12.9 East River (24) [4365] 22 133 16 12 $13,35 75 11.1 Oregon East Suburbs (25 & 26) [43616. 43434, 43618, 43412] Perrysburg & Rossford (53 & 54) [43551, 43552, 4346] 25 116 8 8 $88,66 242 14.5 68 363 45 41 $29,935 121 8.9 Ottawa County (27 & 28) 22 128 11 8 $11,425 253 16. Sandusky County (29) 13 99 9 5 $136,2 198 19.8 Wood County (51, 52, 56 & 57) 18 157 27 18 $13,339 115 8.7 Bowling Green (55) 24 96 14 9 $141,862 28 1.7 Defiance (61) 26 147 15 12 $89,613 116 12.3 Defiance County (62 66) 3 153 13 1 $11,525 25 15.3 Pauling County (67-7) 17 12 3 5 $44,83 148 24. Henry County (72-75) 12 81 7 9 $63,963 91 9. Napoleon (76) 18 94 5 4 $8,5 94 23.5 Putnam County (78 8) 6 26 1 4 $76,875 57 6.5 Williams County (82-86 & 88-91) 25 128 1 11 $5, 129 11.6 Bryan (87) 22 141 1 11 $88,79 121 12.8 Fulton County (93-95 & 97-99) 1 114 9 6 $81,167 14 19. Wauseon (96) 11 79 6 1 $51,55 92 7.9

Jan-12 Feb-12 Mar-12 Apr-12 May-12 Jun-12 Jul-12 Aug-12 Sep-12 Oct-12 Nov-12 Dec-12 Jan-13 Feb-13 Local Market Update February 213 Outlying Areas 212 213 +/- 212 213 +/- Closed Sales 112 126 13% 27 263 27% Pending 121 143 18% 227 37 35% Average $9,434 $85,943-5% $9,374 $86,775-4% Average Price Per Square Foot $53 $5-6% $51 $51 % of Original List Price Received 93% 91% -3% 93% 92% -1% Average Days On Market 127 137 8% 137 141 3% New Listings 28 263-6% 568 561-1% Active Listings 1,598 1,647 3% Months Supply of Inventory 14.3 13.1-8% Volume (in 1 s) $1,129 $11,562 14% $18,694 $23,555 26% Outlying Areas Average 25 2 15 1 5 212 213 Outlying Areas Average Sales Price $11, $15, $1, $95, $9, $85, $8, $75,

Local Market Update February 213 Entire NORIS MLS 212 213 +/- 212 213 +/- Closed Sales 427 441 3% 815 927 14% Pending 481 536 11% 92 1,112 21% Average $86,651 $98,523 14% $86,511 $98,325 14% Average Price Per Square Foot $48 $52 8% $48 $52 8% % of Original List Price Received 93% 92% -1% 92% 93% 1% Average Days On Market 124 131 6% 123 13 6% New Listings 1,5 9-1% 2,8 1,843-8% Active Listings 5,813 5,15-12% Months Supply of Inventory 13.6 11.6-15% Volume (in 1 s) $37,39 $44,932 21% $7,546 $92,82 32% Entire NORIS MLS Status $ $49,999 $5, $99,999 $1, $199,999 $2, $299,999 $3, $399,999 $4, $499,999 $5,+ Sold 18 116 13 37 11 7 2 Pending 2 129 132 56 13 6 3 Active 1,218 1,592 1,515 491 146 67 8 Months Supply of Inventory 6.8 13.7 14.7 13.3 13.3 9.6 4. NORIS MLS Homes Sales NORIS MLS Average 8 $135, 6 $125, 4 $115, 2 $15, $95, $85, $75, 212 213