MARKET ACTION REPORT

September 2011
Egen Warner
Broker Associate 914-424-7231 egen.warner@cbmoves.com (914) 633-5540
Trending Versus*: Trending Versus*:

MLS Area: New Rochelle

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 September Median Sales Price September Average Sales Price Total Properties Currently for Sale (Inventory) September Number of Properties Sold September Average Days on Market (Solds) Asking Price per Square Foot (based on New Listings) September Sold Price per Square Foot September Month's Supply of Inventory September Sale Price vs List Price Ratio

Month
$649,000 $809,346 $570,000 $646,039 206 28 164 $280 $277 7.4 94.8%

LM
0% -1% -15% -10% -16% 33% 26% -8% 7% -37% 1.6%

L3M PYM
-7% -2% 17% -1% 2% -34% 0% -4% -4% -10% -15% -27% 115% 38% -1% -1% -66% -2%

LY
-10% -7% 1% -5% 3% -47% 0.1%

YTD
$612,500 $684,429 186 161 $290 $263 12.9 94.9%

PriorYTD
-4% -2% 0% 1% -3% -3% -11% 0.1%

PriorYear
-3% -1% -1% -1% -3% -7% 0.2%

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

Property Sales
September Property sales were 28, up 115.4% from 13 in September of 2010 and 33.3% higher than the 21 sales last month. September 2011 sales were at their highest level compared to September of 2010 and 2009. September YTD sales of 186 are running equal to last year's yearto-date sales of 186.

Prices
The Median Sales Price in September was $570,000, down -10.2% from $635,000 in September of 2010 and down -14.9% from $670,000 last month. The Average Sales Price in September was $646,039, down -14.8% from $758,454 in September of 2010 and down -9.9% from $716,810 last month. September 2011 ASP was at a mid range compared to September of 2010 and 2009.

Based on information from Empire Access Multiple Listing Service, Inc. for the period 10/1/2008 through 9/30/2011. 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

September 2011
Egen Warner
Broker Associate 914-424-7231 egen.warner@cbmoves.com (914) 633-5540

MLS Area: New Rochelle

Price Range: ALL | Properties: Single Family Home

Inventory & MSI

The Total Inventory of Properties available for sale as of September was 206, down -16.3% from 246 last month and down -27.2% from 283 in September of last year. September 2011 Inventory was at the lowest level compared to September of 2010 and 2009. A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers. The September 2011 MSI of 7.4 months was at its lowest level compared with September of 2010 and 2009.

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 September was 164, up 26.2% from 130 days last month and up 37.8% from 119 days in September of last year. The September 2011 DOM was at its highest level compared with September of 2010 and 2009.

Selling Price per Square Foot

The Selling Price per Square Foot is a great indicator for the direction of Property values. Since Median Sales Price and Average Sales price can be impacted by the 'mix' of high or low end Properties in the market, the selling price per square foot is a more normalized indicator on the direction of Property values. The September 2011 Selling Price per Square Foot of $277 was up 7.4% from $258 last month and down -1.4% from $281 in September of last year.

Based on information from Empire Access Multiple Listing Service, Inc. for the period 10/1/2008 through 9/30/2011. 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

September 2011
Egen Warner
Broker Associate 914-424-7231 egen.warner@cbmoves.com (914) 633-5540

MLS Area: New Rochelle

Price Range: ALL | Properties: Single Family Home

Selling Price vs Original Listing Price

The Selling Price vs Original Listing Price reveals the average amount that Sellers are agreeing to come down from their original 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 September 2011 Selling Price vs Original List Price of 94.8% was up from 93.3% last month and down from 96.6% in September of last year.

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 September 2011 was 35, up 66.7% from 21 last month and down -31.4% from 51 in September of last year.

Based on information from Empire Access Multiple Listing Service, Inc. for the period 10/1/2008 through 9/30/2011. 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

Egen Warner

September 2011
Broker Associate 914-424-7231 egen.warner@cbmoves.com (914) 633-5540

MLS Area: New Rochelle

Price Range: ALL | Properties: Single Family Home
Homes Sold 3 Mo. Roll Avg
(000's)

O 08 16

N 14

D J 09 8 8 13 10

F 9 8

M 9 9

A 16 11

M 19 15

J 18 18

J 18 18

A 19 18

S 20 19

O 22 20

N 21 21

D J 10 17 20 20 19

F 20 19

M 15 18

A 19 18

M 13 16

J 38 23

J 19 23

A 29 29

S 13 20

O 17 20

N 21 17

D J 11 24 16 21 20

F 12 17

M 17 15

A 18 16

M 27 21

J 27 24

J 20 25

A 21 23

S 28 23

MedianSalePrice 3 Mo. Roll Avg

O 08 N D J 09 F M A M J J A S O N D J 10 F M A M J J A S O N D J 11 F M A M J J A S 603 703 513 450 439 530 635 550 570 637 605 609 623 580 559 645 615 562 688 628 668 599 647 635 575 601 623 643 718 575 496 625 600 605 670 570 606 555 467 473 535 572 585 586 604 617 612 604 587 595 606 607 622 626 661 631 638 627 619 604 600 622 661 645 596 565 574 610 625 615 O 08 N D J 09 F M A M J J A S O N D J 10 F M A M J J A S O N D J 11 F M A M J J A S 217 212 191 208 224 239 267 271 277 277 273 268 246 233 203 199 212 250 282 299 296 298 280 283 281 244 201 193 216 265 283 290 295 282 246 206 14 15 24 26 25 27 17 14 15 15 14 13 11 11 12 10 11 17 15 23 8 16 10 22 17 12 8 12 18 16 16 11 11 14 12 7 O 08 N D J 09 F M A M J J A S O N D J 10 F M A M J J A S O N D J 11 F M A M J J A S 143 116 132 159 172 213 166 154 145 138 154 134 139 119 148 171 180 172 175 195 164 141 136 119 190 146 170 181 170 227 189 159 141 118 130 164 130 136 154 181 184 178 155 146 146 142 142 131 135 146 166 174 176 181 178 167 147 132 148 152 169 166 174 193 195 192 163 139 130 137 O 08 N D J 09 F M A M J J A S O N D J 10 F M A M J J A S O N D J 11 F M A M J J A S 302 309 280 260 235 247 303 281 264 270 259 279 258 293 281 280 253 240 275 261 280 273 284 281 248 277 276 243 232 276 250 255 268 289 258 277 297 283 258 247 262 277 283 272 264 269 265 277 277 285 271 258 256 259 272 271 279 279 271 269 267 265 250 250 253 260 258 271 272 275 O 08 N D J 09 F M A M J J A S O N D J 10 F M A M J J A S O N D J 11 F M A M J J A S

Inventory MSI

Days On Market 3 Mo. Roll Avg

Price per Sq Ft 3 Mo. Roll Avg

Sale to List Price 3 Mo. Roll Avg

0.951 0.929 0.981 0.914 0.924 0.904 0.950 0.927 0.946 0.962 0.938 0.967 0.939 0.966 0.957 0.963 0.939 0.953 0.949 0.937 0.956 0.942 0.952 0.966 0.960 0.940 0.961 0.943 0.947 0.953 0.953 0.941 0.959 0.963 0.933 0.948 0.954 0.941 0.940 0.914 0.926 0.927 0.941 0.945 0.949 0.956 0.948 0.957 0.954 0.962 0.953 0.952 0.947 0.946 0.947 0.945 0.950 0.953 0.959 0.955 0.954 0.948 0.950 0.948 0.951 0.949 0.951 0.954 0.952 0.948

New Listings Inventory Sales

(000's)

O 08 N D J 09 F M A M J J A S O N D J 10 F M A M J J A S O N D J 11 F M A M J J A S 42 30 21 48 41 59 52 65 56 44 30 44 28 38 12 36 48 75 62 55 60 43 36 51 41 21 14 34 48 87 62 68 48 39 21 35 217 212 191 208 224 239 267 271 277 277 273 268 246 233 203 199 212 250 282 299 296 298 280 283 281 244 201 193 216 265 283 290 295 282 246 206 16 14 8 8 9 9 16 19 18 18 19 20 22 21 17 20 20 15 19 13 38 19 29 13 17 21 24 16 12 17 18 27 27 20 21 28 O 08 N D J 09 F M A M J J A S O N D J 10 F M A M J J A S O N D J 11 F M A M J J A S 695 773 577 454 487 668 830 580 595 653 642 629 617 660 579 701 660 557 771 671 729 680 700 758 657 739 590 742 780 687 632 720 667 620 717 646 682 601 506 536 662 693 668 609 630 641 629 635 619 647 647 639 663 666 724 693 703 713 705 718 662 690 704 736 700 680 673 669 668 661

Avg Sale Price 3 Mo. Roll Avg

Based on information from Empire Access Multiple Listing Service, Inc. for the period 10/1/2008 through 9/30/2011. 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.