MARKET ACTION REPORT February 2011

David J. Moore
Realtor

City: Edgewater 443-837-5404

david.moore@cbmove.com
Church Circle Annapolis / 410-263-8686

Price Range: ALL | Properties: Single Family Home, Townhome, Condo

Trending Versus*: Trending Versus*:
Market Profile & Trends Overview Month LM L3M PYM LY YTD PriorYTD PriorYear
Median List Price of all Current Listings $379,900
Average List Price of all Current Listings $599,502
February Median Sales Price $269,500 $295,000
February Average Sales Price $324,325 $421,782
Total Properties Currently for Sale (Inventory) 152
February Number of Properties Sold 12 30
February Average Days on Market (Solds) 100 130
Asking Price per Square Foot (based on New Listings) $210 $181
February Sold Price per Square Foot $133 $152
February Month's Supply of Inventory 12.7 10.7
February Sale Price vs List Price Ratio 96.9% 93.6%
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year / YTD = Year-to-date

Property Sales
February Property sales were 12, equal to 12 in February of 2010 and -33.3% lower than the 18 sales last month. February 2011 sales were at
a mid level compared to February of 2010 and 2009. February YTD sales of 30 are running 25.0% ahead of last year's year-to-date sales of 24.

Prices
The Median Sales Price in February was $269,500, down -1.5% from $273,469 in February of 2010 and down -16.0% from $321,000 last
month. The Average Sales Price in February was $324,325, down -21.2% from $411,328 in February of 2010 and down -33.4% from $486,753
last month. February 2011 ASP was at a mid range compared to February of 2010 and 2009.

Based on information from Metropolitan Regional Information Systems, Inc. for the period 3/1/2008 through 2/28/2011. 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 February 2011
David J. Moore
Realtor

City: Edgewater 443-837-5404

david.moore@cbmove.com
Church Circle Annapolis / 410-263-8686

Price Range: ALL | Properties: Single Family Home, Townhome, Condo

Inventory & MSI
The Total Inventory of Properties available for sale as of February was 152, down -3.8% from 158 last month and down -22.4% from 196 in
February of last year. February 2011 Inventory was at the lowest level compared to February of 2010 and 2009.

A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers. The February 2011 MSI of 12.7 months was
at its lowest level compared with February 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
February was 100, down -32.9% from 149 days last month and down -9.1% from 110 days in February of last year. The February 2011 DOM
was at its lowest level compared with February 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 February 2011 Selling Price per Square Foot of $133 was down -23.6% from $174 last month and down -
29.6% from $189 in February of last year.

Based on information from Metropolitan Regional Information Systems, Inc. for the period 3/1/2008 through 2/28/2011. 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 February 2011
David J. Moore
Realtor

City: Edgewater 443-837-5404

david.moore@cbmove.com
Church Circle Annapolis / 410-263-8686

Price Range: ALL | Properties: Single Family Home, Townhome, Condo

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
February 2011 Selling Price vs Original List Price of 96.9% was up from 93.7% last month and up from 92.7% in February 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 February 2011 was 33, up
37.5% from 24 last month and down -10.8% from 37 in February of last year.

Based on information from Metropolitan Regional Information Systems, Inc. for the period 3/1/2008 through 2/28/2011. 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 February 2011
David J. Moore
Realtor

City: Edgewater 443-837-5404

david.moore@cbmove.com
Church Circle Annapolis / 410-263-8686

Price Range: ALL | Properties: Single Family Home, Townhome, Condo

M 08 A M J J A S O 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
Homes Sold 28 25 25 23 33 23 18 26 20 18 8 8 23 15 23 35 24 29 31 33 25 16 12 12 17 23 36 30 35 32 13 12 15 20 18 12
3 Mo. Roll Avg 26 24 27 26 25 22 21 21 15 11 13 15 20 24 27 29 28 31 30 25 18 13 14 17 25 30 34 32 27 19 13 16 18 17

(000's) M08 A M J J A S O 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
MedianSalePrice 374 355 381 366 370 350 305 390 356 321 315 240 321 370 365 340 400 320 340 376 360 406 270 273 385 290 369 450 380 344 340 339 365 323 321 270
3 Mo. Roll Avg 370 367 372 362 342 348 350 356 331 292 292 310 352 358 368 353 353 345 359 381 345 316 309 316 348 370 400 391 355 341 348 342 336 304

M 08 A M J J A S O 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
Inventory 247 260 265 275 279 273 267 264 255 231 253 237 247 242 230 228 224 214 210 190 196 190 195 196 207 213 218 205 205 207 211 198 186 166 158 152
MSI 9 10 11 12 8 12 15 10 13 13 32 30 11 16 10 7 9 7 7 6 8 12 16 16 12 9 6 7 6 6 16 17 12 8 9 13

M 08 A M J J A S O 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
Days On Market 103 87 136 124 80 83 102 92 150 161 83 108 133 93 116 129 132 84 107 139 124 105 101 110 147 119 124 100 83 103 109 102 92 101 149 100
3 Mo. Roll Avg 109 116 113 96 88 92 115 134 131 117 108 111 114 113 126 115 108 110 123 123 110 105 119 125 130 114 102 95 98 105 101 98 114 117

M 08 A M J J A S O 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
Price per Sq Ft 203 226 170 225 187 153 185 195 168 159 148 153 218 213 219 200 150 147 173 190 208 288 237 189 178 136 165 191 199 157 239 146 162 143 174 133
3 Mo. Roll Avg 200 207 194 188 175 178 183 174 158 153 173 195 217 211 190 166 157 170 190 229 244 238 201 168 160 164 185 182 198 181 182 150 160 150

M 08 A M J J A S O 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
Sale to List Price 0.972 0.972 0.969 0.959 0.975 0.966 0.987 0.954 0.941 0.951 0.937 0.864 0.948 0.939 0.965 0.954 0.967 0.950 0.978 0.963 0.961 0.941 0.970 0.927 0.943 0.929 0.940 0.957 0.970 0.969 0.952 0.966 0.950 0.969 0.937 0.969
3 Mo. Roll Avg 0.971 0.967 0.968 0.967 0.976 0.969 0.961 0.949 0.943 0.917 0.916 0.917 0.951 0.953 0.962 0.957 0.965 0.964 0.967 0.955 0.957 0.946 0.947 0.933 0.937 0.942 0.956 0.965 0.964 0.962 0.956 0.962 0.952 0.958

M 08 A M J J A S O 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
New Listings 59 65 61 52 72 35 52 50 29 18 55 33 53 54 35 41 50 39 46 45 32 20 44 37 58 64 51 42 49 41 37 31 35 19 24 33
Inventory 247 260 265 275 279 273 267 264 255 231 253 237 247 242 230 228 224 214 210 190 196 190 195 196 207 213 218 205 205 207 211 198 186 166 158 152
Sales 28 25 25 23 33 23 18 26 20 18 8 8 23 15 23 35 24 29 31 33 25 16 12 12 17 23 36 30 35 32 13 12 15 20 18 12

(000's) M08 A M J J A S O 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
Avg Sale Price 513 420 451 577 369 376 420 536 378 419 290 231 393 506 385 436 452 416 382 488 472 487 351 411 378 377 461 474 449 412 465 375 407 475 487 324
3 Mo. Roll Avg 461 483 466 441 388 444 445 445 363 314 305 377 428 442 424 435 417 429 447 482 437 417 380 389 405 437 461 445 442 417 415 419 456 429

Based on information from Metropolitan Regional Information Systems, Inc. for the period 3/1/2008 through 2/28/2011. 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.