MARKET ACTION REPORT

Phillip King

November 2012
Sales Associate Office: (631) 588-9090 Ext. 108 phillip.king@cbmoves.com Cell: (516) 241-6264
Trending Versus*: Trending Versus*:

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

Market Profile & Trends Overview

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

Month
$289,995 $313,599 $235,000 $228,885 106 10 148 10.6 96.3%

LM
-2% 1% -12% -15% 3% -9% 68% 13% 0.8%

L3M PYM
-9% -13% 9% -4% 1%

LY

YTD
$259,950 $270,415 120 122 11.3 96.0%

PriorYTD
-2% 0% -5% 13% -27% -0.4%

PriorYear
-2% 1% 0% -26% -0.5%

0% 4% -27% -11% -20% -15% -22% 43% 15% 21% -45% -31% -1% -0.2%

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

Property Sales
November Property sales were 10, up 42.9% from 7 in November of 2011 and -9.1% lower than the 11 sales last month. November 2012 sales were at a mid level compared to November of 2011 and 2010. November YTD sales of 120 are running -4.8% behind last year's year-to-date sales of 126.

Prices
The Median Sales Price in November was $235,000, down -26.6% from $320,000 in November of 2011 and down -12.3% from $268,000 last month. The Average Sales Price in November was $228,885, down -19.9% from $285,571 in November of 2011 and down -15.2% from $269,764 last month. November 2012 ASP was at the lowest level compared to November of 2011 and 2010.

Based on information from Multiple Listing Service of Long Island for the period 12/1/2009 through 11/30/2012. 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

Phillip King

November 2012
Sales Associate Office: (631) 588-9090 Ext. 108 phillip.king@cbmoves.com Cell: (516) 241-6264

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

Inventory & MSI

The Total Inventory of Properties available for sale as of November was 106, up 2.9% from 103 last month and down -22.1% from 136 in November of last year. November 2012 Inventory was at the lowest level compared to November of 2011 and 2010. A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers. The November 2012 MSI of 10.6 months was at its lowest level compared with November 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 November was 148, up 68.2% from 88 days last month and up 14.7% from 129 days in November of last year. The November 2012 DOM was at its highest level compared with November of 2011 and 2010.

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 November 2012 Selling Price vs List Price of 96.3% was up from 95.5% last month and down from 97.4% in November of last year.

Based on information from Multiple Listing Service of Long Island for the period 12/1/2009 through 11/30/2012. 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

Phillip King

November 2012
Sales Associate Office: (631) 588-9090 Ext. 108 phillip.king@cbmoves.com Cell: (516) 241-6264

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

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 November 2012 was 21, up 40.0% from 15 last month and up 40.0% from 15 in November of last year.

Based on information from Multiple Listing Service of Long Island for the period 12/1/2009 through 11/30/2012. 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.