May 2012 Local Reports

2011 2012 + / – 2011 2012 + / –

New Listings 11 5 - 54.5% 27 19 - 29.6%

Closed Sales 1 2 + 100.0% 11 9 - 18.2%

Median Sales Price* $48,500 $34,000 - 29.9% $48,500 $65,900 + 35.9%

Percent of Original List Price Received* 89.8% 97.7% + 8.8% 86.9% 90.2% + 3.7%

Days on Market Until Sale 197 76 - 61.4% 174 240 + 37.8%

Inventory of Homes for Sale 31 35 + 12.9% -- -- --

2011 2012 + / – 2011 2012 + / –

New Listings 0 0 -- 0 0 --

Closed Sales 0 0 -- 0 0 --

Median Sales Price* $0 $0 -- $0 $0 --

Percent of Original List Price Received* 0.0% 0.0% -- 0.0% 0.0% --

Days on Market Until Sale 0 0 -- 0 0 --

Inventory of Homes for Sale 3 2 - 33.3% -- -- --

A RESEARCH TOOL PROVIDED BY THE COASTAL CAROLINAS ASSOCIATION OF REALTORS®

Local Market Update – May 2012

Andrews Change inClosed SalesAll Properties

Change in Inventory of Homes

All Properties

May Year to DateSingle-Family Properties

- 54.5% + 100.0% + 8.8%Change in

New ListingsAll Properties

Condo PropertiesMay Year to Date

y* Does not account for seller concessions. | Activity for one month can sometimes look extreme due to small sample size.

** Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each of the 6 months used in a dot are proportionedaccording to their share of sales during that period. | All data from the Coastal Carolinas Association of REALTORS®. | Sponsored by South Carolina REALTORS®.

Powered by 10K Research and Marketing. | Information deemed reliable but not guaranteed. Consult your agent for market specifics.

Change in Median Sales Price from Prior Year (6-Month Average)**

All MLSAndrewsAndrews

All MLS

- 60%

- 40%

- 20%

0%

+ 20%

+ 40%

+ 60%

+ 80%

1-2008 1-2009 1-2010 1-2011 1-2012

Single-Family Properties

- 25%

- 20%

- 15%

- 10%

- 5%

0%

1-2008 1-2009 1-2010 1-2011 1-2012

Condo Propertiesb

a

2011 2012 + / – 2011 2012 + / –

New Listings 4 9 + 125.0% 19 31 + 63.2%

Closed Sales 2 1 - 50.0% 11 6 - 45.5%

Median Sales Price* $303,500 $130,000 - 57.2% $123,000 $125,000 + 1.6%

Percent of Original List Price Received* 94.2% 93.5% - 0.7% 94.0% 96.3% + 2.4%

Days on Market Until Sale 241 173 - 28.2% 184 150 - 18.6%

Inventory of Homes for Sale 31 33 + 6.5% -- -- --

2011 2012 + / – 2011 2012 + / –

New Listings 0 0 -- 0 0 --

Closed Sales 0 0 -- 0 0 --

Median Sales Price* $0 $0 -- $0 $0 --

Percent of Original List Price Received* 0.0% 0.0% -- 0.0% 0.0% --

Days on Market Until Sale 0 0 -- 0 0 --

Inventory of Homes for Sale 0 0 -- -- -- --

A RESEARCH TOOL PROVIDED BY THE COASTAL CAROLINAS ASSOCIATION OF REALTORS®

Local Market Update – May 2012

Aynor Change inClosed SalesAll Properties

Change in Inventory of Homes

All Properties

May Year to DateSingle-Family Properties

+ 125.0% - 50.0% + 6.5%Change in

New ListingsAll Properties

Condo PropertiesMay Year to Date

y* Does not account for seller concessions. | Activity for one month can sometimes look extreme due to small sample size.

** Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each of the 6 months used in a dot are proportionedaccording to their share of sales during that period. | All data from the Coastal Carolinas Association of REALTORS®. | Sponsored by South Carolina REALTORS®.

Powered by 10K Research and Marketing. | Information deemed reliable but not guaranteed. Consult your agent for market specifics.

Change in Median Sales Price from Prior Year (6-Month Average)**

All MLSAynorAynor

All MLS

- 40%

- 30%

- 20%

- 10%

0%

+ 10%

+ 20%

+ 30%

+ 40%

1-2008 1-2009 1-2010 1-2011 1-2012

Single-Family Properties

- 25%

- 20%

- 15%

- 10%

- 5%

0%

1-2008 1-2009 1-2010 1-2011 1-2012

Condo Propertiesb

a

2011 2012 + / – 2011 2012 + / –

New Listings 70 88 + 25.7% 387 409 + 5.7%

Closed Sales 33 44 + 33.3% 189 190 + 0.5%

Median Sales Price* $120,000 $125,000 + 4.2% $139,990 $135,000 - 3.6%

Percent of Original List Price Received* 96.0% 97.8% + 1.9% 96.4% 97.2% + 0.9%

Days on Market Until Sale 123 139 + 12.8% 160 157 - 1.5%

Inventory of Homes for Sale 400 358 - 10.5% -- -- --

2011 2012 + / – 2011 2012 + / –

New Listings 23 14 - 39.1% 131 122 - 6.9%

Closed Sales 23 15 - 34.8% 74 63 - 14.9%

Median Sales Price* $75,000 $93,000 + 24.0% $75,000 $80,000 + 6.7%

Percent of Original List Price Received* 94.1% 94.5% + 0.4% 93.9% 95.1% + 1.3%

Days on Market Until Sale 177 141 - 20.5% 165 150 - 9.2%

Inventory of Homes for Sale 159 123 - 22.6% -- -- --

A RESEARCH TOOL PROVIDED BY THE COASTAL CAROLINAS ASSOCIATION OF REALTORS®

Local Market Update – May 2012

Carolina Forest Change inClosed SalesAll Properties

Change in Inventory of Homes

All Properties

May Year to DateSingle-Family Properties

+ 9.7% + 5.4% - 14.0%Change in

New ListingsAll Properties

Condo PropertiesMay Year to Date

y* Does not account for seller concessions. | Activity for one month can sometimes look extreme due to small sample size.

** Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each of the 6 months used in a dot are proportionedaccording to their share of sales during that period. | All data from the Coastal Carolinas Association of REALTORS®. | Sponsored by South Carolina REALTORS®.

Powered by 10K Research and Marketing. | Information deemed reliable but not guaranteed. Consult your agent for market specifics.

Change in Median Sales Price from Prior Year (6-Month Average)**

All MLSCarolina ForestCarolina Forest

All MLS

- 25%

- 20%

- 15%

- 10%

- 5%

0%

+ 5%

+ 10%

1-2008 1-2009 1-2010 1-2011 1-2012

Single-Family Properties

- 35%

- 30%

- 25%

- 20%

- 15%

- 10%

- 5%

0%

+ 5%

+ 10%

1-2008 1-2009 1-2010 1-2011 1-2012

Condo Propertiesb

a

2011 2012 + / – 2011 2012 + / –

New Listings 91 112 + 23.1% 578 513 - 11.2%

Closed Sales 53 55 + 3.8% 247 246 - 0.4%

Median Sales Price* $116,000 $120,000 + 3.4% $125,000 $120,000 - 4.0%

Percent of Original List Price Received* 94.3% 95.2% + 1.0% 94.1% 95.3% + 1.2%

Days on Market Until Sale 181 220 + 21.9% 177 191 + 7.8%

Inventory of Homes for Sale 713 603 - 15.4% -- -- --

2011 2012 + / – 2011 2012 + / –

New Listings 4 5 + 25.0% 42 65 + 54.8%

Closed Sales 5 5 0.0% 36 30 - 16.7%

Median Sales Price* $57,000 $45,800 - 19.6% $53,450 $60,400 + 13.0%

Percent of Original List Price Received* 94.9% 91.2% - 3.8% 91.0% 93.8% + 3.0%

Days on Market Until Sale 231 103 - 55.5% 159 154 - 3.2%

Inventory of Homes for Sale 63 68 + 7.9% -- -- --

A RESEARCH TOOL PROVIDED BY THE COASTAL CAROLINAS ASSOCIATION OF REALTORS®

Local Market Update – May 2012

Conway Change inClosed SalesAll Properties

Change in Inventory of Homes

All Properties

May Year to DateSingle-Family Properties

+ 23.2% + 3.4% - 13.5%Change in

New ListingsAll Properties

Condo PropertiesMay Year to Date

y* Does not account for seller concessions. | Activity for one month can sometimes look extreme due to small sample size.

** Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each of the 6 months used in a dot are proportionedaccording to their share of sales during that period. | All data from the Coastal Carolinas Association of REALTORS®. | Sponsored by South Carolina REALTORS®.

Powered by 10K Research and Marketing. | Information deemed reliable but not guaranteed. Consult your agent for market specifics.

Change in Median Sales Price from Prior Year (6-Month Average)**

All MLSConwayConway

All MLS

- 20%

- 15%

- 10%

- 5%

0%

+ 5%

+ 10%

1-2008 1-2009 1-2010 1-2011 1-2012

Single-Family Properties

- 40%

- 30%

- 20%

- 10%

0%

+ 10%

+ 20%

+ 30%

+ 40%

1-2008 1-2009 1-2010 1-2011 1-2012

Condo Propertiesb

a

2011 2012 + / – 2011 2012 + / –

New Listings 26 46 + 76.9% 124 208 + 67.7%

Closed Sales 10 23 + 130.0% 44 99 + 125.0%

Median Sales Price* $259,500 $221,500 - 14.6% $310,540 $226,800 - 27.0%

Percent of Original List Price Received* 93.6% 96.9% + 3.5% 90.0% 94.1% + 4.6%

Days on Market Until Sale 237 172 - 27.5% 225 170 - 24.1%

Inventory of Homes for Sale 212 229 + 8.0% -- -- --

2011 2012 + / – 2011 2012 + / –

New Listings 13 12 - 7.7% 77 80 + 3.9%

Closed Sales 5 5 0.0% 26 27 + 3.8%

Median Sales Price* $163,400 $195,000 + 19.3% $163,400 $185,000 + 13.2%

Percent of Original List Price Received* 89.0% 93.7% + 5.3% 89.5% 93.6% + 4.6%

Days on Market Until Sale 224 105 - 53.0% 248 193 - 22.4%

Inventory of Homes for Sale 114 113 - 0.9% -- -- --

A RESEARCH TOOL PROVIDED BY THE COASTAL CAROLINAS ASSOCIATION OF REALTORS®

Local Market Update – May 2012

Garden City / Murrells Inlet

Change inClosed SalesAll Properties

Change in Inventory of Homes

All Properties

May Year to DateSingle-Family Properties

+ 48.7% + 86.7% + 4.9%Change in

New ListingsAll Properties

Condo PropertiesMay Year to Date

y* Does not account for seller concessions. | Activity for one month can sometimes look extreme due to small sample size.

** Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each of the 6 months used in a dot are proportionedaccording to their share of sales during that period. | All data from the Coastal Carolinas Association of REALTORS®. | Sponsored by South Carolina REALTORS®.

Powered by 10K Research and Marketing. | Information deemed reliable but not guaranteed. Consult your agent for market specifics.

Change in Median Sales Price from Prior Year (6-Month Average)**

All MLSGarden City / Murrells InletGarden City / Murrells Inlet

All MLS

- 40%

- 20%

0%

+ 20%

+ 40%

+ 60%

+ 80%

+ 100%

1-2008 1-2009 1-2010 1-2011 1-2012

Single-Family Properties

- 30%

- 20%

- 10%

0%

+ 10%

+ 20%

+ 30%

+ 40%

1-2008 1-2009 1-2010 1-2011 1-2012

Condo Propertiesb

a

2011 2012 + / – 2011 2012 + / –

New Listings 28 21 - 25.0% 150 128 - 14.7%

Closed Sales 9 9 0.0% 43 46 + 7.0%

Median Sales Price* $139,250 $175,000 + 25.7% $123,500 $154,450 + 25.1%

Percent of Original List Price Received* 86.1% 92.9% + 7.8% 90.6% 90.8% + 0.2%

Days on Market Until Sale 166 195 + 17.8% 202 197 - 2.3%

Inventory of Homes for Sale 269 243 - 9.7% -- -- --

2011 2012 + / – 2011 2012 + / –

New Listings 0 3 -- 9 16 + 77.8%

Closed Sales 1 5 + 400.0% 4 10 + 150.0%

Median Sales Price* $350,000 $62,500 - 82.1% $567,500 $94,500 - 83.3%

Percent of Original List Price Received* 66.7% 85.5% + 28.2% 79.9% 85.5% + 7.1%

Days on Market Until Sale 487 103 - 78.9% 547 277 - 49.3%

Inventory of Homes for Sale 46 39 - 15.2% -- -- --

A RESEARCH TOOL PROVIDED BY THE COASTAL CAROLINAS ASSOCIATION OF REALTORS®

Local Market Update – May 2012

Georgetown Change inClosed SalesAll Properties

Change in Inventory of Homes

All Properties

May Year to DateSingle-Family Properties

- 14.3% + 40.0% - 10.5%Change in

New ListingsAll Properties

Condo PropertiesMay Year to Date

y* Does not account for seller concessions. | Activity for one month can sometimes look extreme due to small sample size.

** Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each of the 6 months used in a dot are proportionedaccording to their share of sales during that period. | All data from the Coastal Carolinas Association of REALTORS®. | Sponsored by South Carolina REALTORS®.

Powered by 10K Research and Marketing. | Information deemed reliable but not guaranteed. Consult your agent for market specifics.

Change in Median Sales Price from Prior Year (6-Month Average)**

All MLSGeorgetownGeorgetown

All MLS

- 40%

- 20%

0%

+ 20%

+ 40%

+ 60%

+ 80%

1-2008 1-2009 1-2010 1-2011 1-2012

Single-Family Properties

- 200%

0%

+ 200%

+ 400%

+ 600%

+ 800%

+ 1000%

+ 1200%

1-2008 1-2009 1-2010 1-2011 1-2012

Condo Propertiesb

a

2011 2012 + / – 2011 2012 + / –

New Listings 80 85 + 6.3% 403 389 - 3.5%

Closed Sales 47 32 - 31.9% 153 153 0.0%

Median Sales Price* $167,500 $208,500 + 24.5% $170,000 $175,000 + 2.9%

Percent of Original List Price Received* 92.7% 92.5% - 0.3% 94.2% 93.7% - 0.5%

Days on Market Until Sale 171 188 + 10.4% 181 191 + 5.3%

Inventory of Homes for Sale 534 424 - 20.6% -- -- --

2011 2012 + / – 2011 2012 + / –

New Listings 83 86 + 3.6% 433 419 - 3.2%

Closed Sales 31 46 + 48.4% 179 180 + 0.6%

Median Sales Price* $130,450 $99,900 - 23.4% $127,375 $108,400 - 14.9%

Percent of Original List Price Received* 92.9% 92.6% - 0.3% 93.1% 92.1% - 1.0%

Days on Market Until Sale 205 164 - 20.3% 189 173 - 8.3%

Inventory of Homes for Sale 669 571 - 14.6% -- -- --

A RESEARCH TOOL PROVIDED BY THE COASTAL CAROLINAS ASSOCIATION OF REALTORS®

Local Market Update – May 2012

Little River Change inClosed SalesAll Properties

Change in Inventory of Homes

All Properties

May Year to DateSingle-Family Properties

+ 4.9% 0.0% - 17.3%Change in

New ListingsAll Properties

Condo PropertiesMay Year to Date

y* Does not account for seller concessions. | Activity for one month can sometimes look extreme due to small sample size.

** Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each of the 6 months used in a dot are proportionedaccording to their share of sales during that period. | All data from the Coastal Carolinas Association of REALTORS®. | Sponsored by South Carolina REALTORS®.

Powered by 10K Research and Marketing. | Information deemed reliable but not guaranteed. Consult your agent for market specifics.

Change in Median Sales Price from Prior Year (6-Month Average)**

All MLSLittle RiverLittle River

All MLS

- 20%

- 15%

- 10%

- 5%

0%

+ 5%

+ 10%

+ 15%

1-2008 1-2009 1-2010 1-2011 1-2012

Single-Family Properties

- 25%

- 20%

- 15%

- 10%

- 5%

0%

+ 5%

+ 10%

+ 15%

1-2008 1-2009 1-2010 1-2011 1-2012

Condo Propertiesb

a

2011 2012 + / – 2011 2012 + / –

New Listings 17 26 + 52.9% 156 132 - 15.4%

Closed Sales 7 10 + 42.9% 37 48 + 29.7%

Median Sales Price* $92,500 $81,500 - 11.9% $105,000 $117,525 + 11.9%

Percent of Original List Price Received* 88.2% 93.2% + 5.7% 93.0% 93.3% + 0.3%

Days on Market Until Sale 165 158 - 4.1% 174 189 + 8.5%

Inventory of Homes for Sale 185 155 - 16.2% -- -- --

2011 2012 + / – 2011 2012 + / –

New Listings 0 0 -- 4 2 - 50.0%

Closed Sales 0 0 -- 1 0 - 100.0%

Median Sales Price* $0 $0 -- $115,000 $0 - 100.0%

Percent of Original List Price Received* 0.0% 0.0% -- 100.0% 0.0% - 100.0%

Days on Market Until Sale 0 0 -- 279 0 - 100.0%

Inventory of Homes for Sale 5 7 + 40.0% -- -- --

A RESEARCH TOOL PROVIDED BY THE COASTAL CAROLINAS ASSOCIATION OF REALTORS®

Local Market Update – May 2012

Loris Change inClosed SalesAll Properties

Change in Inventory of Homes

All Properties

May Year to DateSingle-Family Properties

+ 52.9% + 42.9% - 14.7%Change in

New ListingsAll Properties

Condo PropertiesMay Year to Date

y* Does not account for seller concessions. | Activity for one month can sometimes look extreme due to small sample size.

** Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each of the 6 months used in a dot are proportionedaccording to their share of sales during that period. | All data from the Coastal Carolinas Association of REALTORS®. | Sponsored by South Carolina REALTORS®.

Powered by 10K Research and Marketing. | Information deemed reliable but not guaranteed. Consult your agent for market specifics.

Change in Median Sales Price from Prior Year (6-Month Average)**

All MLSLorisLoris

All MLS

- 40%

- 30%

- 20%

- 10%

0%

+ 10%

+ 20%

+ 30%

+ 40%

1-2008 1-2009 1-2010 1-2011 1-2012

Single-Family Properties

- 30%

- 20%

- 10%

0%

+ 10%

+ 20%

+ 30%

+ 40%

1-2008 1-2009 1-2010 1-2011 1-2012

Condo Propertiesb

a

2011 2012 + / – 2011 2012 + / –

New Listings 55 78 + 41.8% 354 387 + 9.3%

Closed Sales 42 43 + 2.4% 155 172 + 11.0%

Median Sales Price* $235,000 $218,000 - 7.2% $215,000 $222,830 + 3.6%

Percent of Original List Price Received* 90.7% 93.2% + 2.8% 92.8% 94.0% + 1.3%

Days on Market Until Sale 155 219 + 40.9% 179 200 + 11.5%

Inventory of Homes for Sale 475 416 - 12.4% -- -- --

2011 2012 + / – 2011 2012 + / –

New Listings 219 239 + 9.1% 1,353 1,254 - 7.3%

Closed Sales 146 148 + 1.4% 671 618 - 7.9%

Median Sales Price* $97,000 $99,500 + 2.6% $92,750 $94,250 + 1.6%

Percent of Original List Price Received* 93.9% 94.3% + 0.4% 94.5% 94.0% - 0.5%

Days on Market Until Sale 198 187 - 5.4% 173 177 + 2.5%

Inventory of Homes for Sale 1,843 1,519 - 17.6% -- -- --

A RESEARCH TOOL PROVIDED BY THE COASTAL CAROLINAS ASSOCIATION OF REALTORS®

Local Market Update – May 2012

Myrtle Beach Change inClosed SalesAll Properties

Change in Inventory of Homes

All Properties

May Year to DateSingle-Family Properties

+ 15.7% + 1.6% - 16.5%Change in

New ListingsAll Properties

Condo PropertiesMay Year to Date

y , ,* Does not account for seller concessions. | Activity for one month can sometimes look extreme due to small sample size.

** Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each of the 6 months used in a dot are proportionedaccording to their share of sales during that period. | All data from the Coastal Carolinas Association of REALTORS®. | Sponsored by South Carolina REALTORS®.

Powered by 10K Research and Marketing. | Information deemed reliable but not guaranteed. Consult your agent for market specifics.

Change in Median Sales Price from Prior Year (6-Month Average)**

All MLSMyrtle BeachMyrtle Beach

All MLS

- 40%

- 30%

- 20%

- 10%

0%

+ 10%

+ 20%

+ 30%

+ 40%

1-2008 1-2009 1-2010 1-2011 1-2012

Single-Family Properties

- 50%

- 40%

- 30%

- 20%

- 10%

0%

+ 10%

+ 20%

+ 30%

1-2008 1-2009 1-2010 1-2011 1-2012

Condo Propertiesb

a

2011 2012 + / – 2011 2012 + / –

New Listings 32 56 + 75.0% 181 195 + 7.7%

Closed Sales 19 20 + 5.3% 96 96 0.0%

Median Sales Price* $250,000 $235,000 - 6.0% $250,000 $231,000 - 7.6%

Percent of Original List Price Received* 94.3% 92.0% - 2.4% 93.6% 93.8% + 0.2%

Days on Market Until Sale 123 205 + 66.8% 177 178 + 0.7%

Inventory of Homes for Sale 207 216 + 4.3% -- -- --

2011 2012 + / – 2011 2012 + / –

New Listings 108 122 + 13.0% 665 574 - 13.7%

Closed Sales 89 94 + 5.6% 305 323 + 5.9%

Median Sales Price* $199,000 $168,500 - 15.3% $175,000 $165,000 - 5.7%

Percent of Original List Price Received* 94.8% 94.0% - 0.9% 94.4% 93.9% - 0.5%

Days on Market Until Sale 177 181 + 2.2% 172 183 + 6.3%

Inventory of Homes for Sale 878 769 - 12.4% -- -- --

A RESEARCH TOOL PROVIDED BY THE COASTAL CAROLINAS ASSOCIATION OF REALTORS®

Local Market Update – May 2012

North Myrtle Beach

Change inClosed SalesAll Properties

Change in Inventory of Homes

All Properties

May Year to DateSingle-Family Properties

+ 27.1% + 5.6% - 9.2%Change in

New ListingsAll Properties

Condo PropertiesMay Year to Date

y* Does not account for seller concessions. | Activity for one month can sometimes look extreme due to small sample size.

** Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each of the 6 months used in a dot are proportionedaccording to their share of sales during that period. | All data from the Coastal Carolinas Association of REALTORS®. | Sponsored by South Carolina REALTORS®.

Powered by 10K Research and Marketing. | Information deemed reliable but not guaranteed. Consult your agent for market specifics.

Change in Median Sales Price from Prior Year (6-Month Average)**

All MLSNorth Myrtle BeachNorth Myrtle Beach

All MLS

- 30%

- 25%

- 20%

- 15%

- 10%

- 5%

0%

+ 5%

+ 10%

+ 15%

+ 20%

1-2008 1-2009 1-2010 1-2011 1-2012

Single-Family Properties

- 30%

- 25%

- 20%

- 15%

- 10%

- 5%

0%

+ 5%

+ 10%

+ 15%

1-2008 1-2009 1-2010 1-2011 1-2012

Condo Propertiesb

a

2011 2012 + / – 2011 2012 + / –

New Listings 47 37 - 21.3% 284 240 - 15.5%

Closed Sales 20 19 - 5.0% 89 90 + 1.1%

Median Sales Price* $280,060 $275,000 - 1.8% $285,000 $307,000 + 7.7%

Percent of Original List Price Received* 92.1% 92.1% + 0.1% 93.1% 92.1% - 1.1%

Days on Market Until Sale 194 253 + 30.2% 206 218 + 6.1%

Inventory of Homes for Sale 468 424 - 9.4% -- -- --

2011 2012 + / – 2011 2012 + / –

New Listings 36 33 - 8.3% 157 167 + 6.4%

Closed Sales 6 19 + 216.7% 42 61 + 45.2%

Median Sales Price* $305,000 $148,000 - 51.5% $143,500 $143,000 - 0.3%

Percent of Original List Price Received* 90.8% 92.1% + 1.4% 92.1% 91.9% - 0.2%

Days on Market Until Sale 163 207 + 26.9% 264 205 - 22.6%

Inventory of Homes for Sale 350 344 - 1.7% -- -- --

A RESEARCH TOOL PROVIDED BY THE COASTAL CAROLINAS ASSOCIATION OF REALTORS®

Local Market Update – May 2012

Pawleys Island / Litchfield

Change inClosed SalesAll Properties

Change in Inventory of Homes

All Properties

May Year to DateSingle-Family Properties

- 15.7% + 46.2% - 6.1%Change in

New ListingsAll Properties

Condo PropertiesMay Year to Date

y* Does not account for seller concessions. | Activity for one month can sometimes look extreme due to small sample size.

** Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each of the 6 months used in a dot are proportionedaccording to their share of sales during that period. | All data from the Coastal Carolinas Association of REALTORS®. | Sponsored by South Carolina REALTORS®.

Powered by 10K Research and Marketing. | Information deemed reliable but not guaranteed. Consult your agent for market specifics.

Change in Median Sales Price from Prior Year (6-Month Average)**

All MLSPawleys Island / LitchfieldPawleys Island / Litchfield

All MLS

- 50%

- 40%

- 30%

- 20%

- 10%

0%

+ 10%

+ 20%

+ 30%

+ 40%

+ 50%

1-2008 1-2009 1-2010 1-2011 1-2012

Single-Family Properties

- 40%

- 30%

- 20%

- 10%

0%

+ 10%

+ 20%

+ 30%

+ 40%

+ 50%

+ 60%

1-2008 1-2009 1-2010 1-2011 1-2012

Condo Propertiesb

a

2011 2012 + / – 2011 2012 + / –

New Listings 31 37 + 19.4% 162 163 + 0.6%

Closed Sales 9 28 + 211.1% 69 79 + 14.5%

Median Sales Price* $140,000 $128,950 - 7.9% $137,450 $135,000 - 1.8%

Percent of Original List Price Received* 97.3% 96.9% - 0.4% 95.2% 97.2% + 2.1%

Days on Market Until Sale 104 131 + 26.1% 158 138 - 13.0%

Inventory of Homes for Sale 184 158 - 14.1% -- -- --

2011 2012 + / – 2011 2012 + / –

New Listings 8 5 - 37.5% 38 67 + 76.3%

Closed Sales 4 4 0.0% 18 29 + 61.1%

Median Sales Price* $46,250 $43,750 - 5.4% $41,200 $50,000 + 21.4%

Percent of Original List Price Received* 95.8% 88.0% - 8.2% 91.6% 92.4% + 0.9%

Days on Market Until Sale 283 127 - 55.1% 221 121 - 45.2%

Inventory of Homes for Sale 58 69 + 19.0% -- -- --

A RESEARCH TOOL PROVIDED BY THE COASTAL CAROLINAS ASSOCIATION OF REALTORS®

Local Market Update – May 2012

Socastee Change inClosed SalesAll Properties

Change in Inventory of Homes

All Properties

May Year to DateSingle-Family Properties

+ 7.7% + 146.2% - 6.2%Change in

New ListingsAll Properties

Condo PropertiesMay Year to Date

y* Does not account for seller concessions. | Activity for one month can sometimes look extreme due to small sample size.

** Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each of the 6 months used in a dot are proportionedaccording to their share of sales during that period. | All data from the Coastal Carolinas Association of REALTORS®. | Sponsored by South Carolina REALTORS®.

Powered by 10K Research and Marketing. | Information deemed reliable but not guaranteed. Consult your agent for market specifics.

Change in Median Sales Price from Prior Year (6-Month Average)**

All MLSSocasteeSocastee

All MLS

- 20%

- 15%

- 10%

- 5%

0%

+ 5%

+ 10%

+ 15%

+ 20%

+ 25%

+ 30%

1-2008 1-2009 1-2010 1-2011 1-2012

Single-Family Properties

- 60%

- 40%

- 20%

0%

+ 20%

+ 40%

+ 60%

1-2008 1-2009 1-2010 1-2011 1-2012

Condo Propertiesb

a

2011 2012 + / – 2011 2012 + / –

New Listings 54 49 - 9.3% 246 236 - 4.1%

Closed Sales 23 31 + 34.8% 94 136 + 44.7%

Median Sales Price* $181,500 $205,500 + 13.2% $184,158 $202,705 + 10.1%

Percent of Original List Price Received* 95.2% 96.7% + 1.5% 94.0% 95.4% + 1.5%

Days on Market Until Sale 193 156 - 19.0% 198 181 - 9.0%

Inventory of Homes for Sale 270 226 - 16.3% -- -- --

2011 2012 + / – 2011 2012 + / –

New Listings 26 32 + 23.1% 168 167 - 0.6%

Closed Sales 10 18 + 80.0% 67 84 + 25.4%

Median Sales Price* $62,000 $67,000 + 8.1% $62,000 $66,000 + 6.5%

Percent of Original List Price Received* 90.2% 94.6% + 4.8% 89.6% 92.0% + 2.7%

Days on Market Until Sale 162 158 - 2.8% 172 179 + 3.7%

Inventory of Homes for Sale 254 187 - 26.4% -- -- --

A RESEARCH TOOL PROVIDED BY THE COASTAL CAROLINAS ASSOCIATION OF REALTORS®

Local Market Update – May 2012

Surfside Beach Change inClosed SalesAll Properties

Change in Inventory of Homes

All Properties

May Year to DateSingle-Family Properties

+ 1.3% + 48.5% - 21.2%Change in

New ListingsAll Properties

Condo PropertiesMay Year to Date

y* Does not account for seller concessions. | Activity for one month can sometimes look extreme due to small sample size.

** Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each of the 6 months used in a dot are proportionedaccording to their share of sales during that period. | All data from the Coastal Carolinas Association of REALTORS®. | Sponsored by South Carolina REALTORS®.

Powered by 10K Research and Marketing. | Information deemed reliable but not guaranteed. Consult your agent for market specifics.

Change in Median Sales Price from Prior Year (6-Month Average)**

All MLSSurfside BeachSurfside Beach

All MLS

- 20%

- 15%

- 10%

- 5%

0%

+ 5%

+ 10%

+ 15%

1-2008 1-2009 1-2010 1-2011 1-2012

Single-Family Properties

- 35%

- 30%

- 25%

- 20%

- 15%

- 10%

- 5%

0%

+ 5%

+ 10%

+ 15%

1-2008 1-2009 1-2010 1-2011 1-2012

Condo Propertiesb

a