MARKET ACTION REPORT

Phillip King

December 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: | Properties: Single Family Home

Market Profile & Trends Overview

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

Month
$289,990 $313,273 $305,000 $300,226 91 9 72 10.1 96.4%

LM
0% 1% 30% 31% -14% -10% -51% -5% 0.1%

L3M PYM
18% 14% -31% 1% 2%

LY

YTD
$260,000 $272,495 129 119 11.2 96.0%

PriorYTD
-2% 1% -4% 2% -27% -0.5%

PriorYear
-2% 1% -3% -27% -0.5%

0% 4% 33% 16% 12% 12% -26% 0% -71% -41% -26% -34% -1% -0.1%

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

Property Sales
December Property sales were 9, equal to 9 in December of 2011 and -10.0% lower than the 10 sales last month. December 2012 sales were at their lowest level compared to December of 2011 and 2010. December YTD sales of 129 are running -4.4% behind last year's year-to-date sales of 135.

Prices
The Median Sales Price in December was $305,000, up 32.6% from $230,000 in December of 2011 and up 29.8% from $235,000 last month. The Average Sales Price in December was $300,226, up 11.8% from $268,556 in December of 2011 and up 31.2% from $228,885 last month. December 2012 ASP was at highest level compared to December of 2011 and 2010.

Based on information from Multiple Listing Service of Long Island for the period 1/1/2010 through 12/31/2012. Due to MLS reporting methods and allowablereporting policy, this data is only informational and may not be completely accurate. Therefore, Coldwell Banker Residential Brokerage does not guarantee the dataaccuracy. Data maintained by the MLS's may not reflect all real estate activity in the market.

MARKET ACTION REPORT

Phillip King

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

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

Inventory & MSI

The Total Inventory of Properties available for sale as of December was 91, down -14.2% from 106 last month and down -26.0% from 123 in December of last year. December 2012 Inventory was at the lowest level compared to December of 2011 and 2010. A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers. The December 2012 MSI of 10.1 months was at its lowest level compared with December 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 December was 72, down -51.4% from 148 days last month and down -71.1% from 249 days in December of last year. The December 2012 DOM was at its lowest level compared with December 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 December 2012 Selling Price vs List Price of 96.4% was up from 96.3% last month and down from 97.6% in December of last year.

Based on information from Multiple Listing Service of Long Island for the period 1/1/2010 through 12/31/2012. Due to MLS reporting methods and allowablereporting policy, this data is only informational and may not be completely accurate. Therefore, Coldwell Banker Residential Brokerage does not guarantee the dataaccuracy. Data maintained by the MLS's may not reflect all real estate activity in the market.

MARKET ACTION REPORT

Phillip King

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

City: Centereach
Price Range: | 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 December 2012 was 9, down 57.1% from 21 last month and down -47.1% from 17 in December of last year.

Based on information from Multiple Listing Service of Long Island for the period 1/1/2010 through 12/31/2012. Due to MLS reporting methods and allowablereporting policy, this data is only informational and may not be completely accurate. Therefore, Coldwell Banker Residential Brokerage does not guarantee the dataaccuracy. Data maintained by the MLS's may not reflect all real estate activity in the market.