Jim Duncan's Market Report market update

CROZET 22932
Sunday April 25, 2010
Real-Time Market Profile Trend
Median List Price THIS WEEK
$ 239,250 The median condo/townhome price
Asking Price per Square Foot $ 135 in CROZET 22932 this week is
Average Days on Market 57 $239,250.
Percent of Properties with Price Decrease 29 %
Percent Relisted (reset DOM) 57 %
Percent Flip (price increased) 29 %
Median Size (sq ft) 1,747
Median Number of Bedrooms 3.0 The Market Action Index has been
Median Number of Bathrooms 3.0
climbing lately while days-on-market
are trending down, these point to a
Market Action Index* Cold! Buyer's Market 12 positive near-term outlook for the
* see below for details on the Market Action Index market.

PRICE
The market for this zip code continues
its bounce again this week. We're a long
way from the market's high point so
watch the Market Action Index to
predict how long this trend will last.

The Market Action Index answers the question "How's the Market?" By measuring the SUPPLY AND DEMAND
current rate of sale versus the amount of the inventory.
Local conditions are currently quite
strongly in the Buyer's Market zone
(below 30). The 90-day Market Action
Index stands at 12. With several months
of inventory available at the current
sales rate, buyers should find ample
choice.

Index above 30 implies Seller's Market conditions. Below 30, conditions favor the
buyer.
QUARTILES
Characteristics per Quartile Investigate the market in
Med. Ab- Avg.
quartiles—where each quartile is 25%
Quartile Median Price Med. Sqft Bed Bath Age Inven. New sorbed DoM of the homes listed.

1 $ 299,000 1,730 3.0 3.0 3 1 0 0 154 Most expensive 25% of homes

2 $ 262,200 1,748 3.0 3.0 2 2 0 0 46 Upper-middle 25% of homes

3 $ 234,575 1,856 3.5 3.5 0 2 0 2 49 Lower-middle 25% of homes

4 $ 182,445 1,477 2.5 2.5 2 2 0 1 28 Least expensive 25% of homes

Jim Duncan | www.RealCentralVA.com | 434.242.7140 1

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Altos Research Corp. reports real-time analysis of the residential real estate market in local markets across the country. All
information contained herein is based on properties currently listed for sale and available publicly. When evaluating a
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