Monthly Indicators - NEFAR.comMarket Overview Key market metrics for the current month and year-to-date. Key Metrics Historical Sparklines 6-2012 6-2013 +/- YTD 2012 YTD 2013 +/-10,529

Monthly Indicators A RESEARCH TOOL PROVIDED BY THE NORTHEAST FLORIDA ASSOCIATION OF REALTORS

June 2013 Quick Facts

Market Overview 2

+ 6.8%Change in

Median Sales PriceAs potentially the brightest sun in the current economic recovery, housing activity has followed the mercury higher this summer. Interest rates and new construction activity have been in the spotlight lately, fueled by concerns over tapering Federal Reserve activity and ongoing inventory constraints. Watch for indications that more homes are selling in less time and at higher price points. Also watch for sellers returning to an inviting marketplace, which will help replenish neighborhoods with new listings.

- 29.2%Change inInventory

+ 8.0%Change in

Closed Sales

Residential real estate activity comprised of single-family properties, townhomes, and condominiums combined.

New Listings 3Pending Sales 4Closed Sales 5Days On Market Until Sale 6Median Sales Price 7Average Sales Price 8

910

Housing Affordability Index 11Inventory of Homes for Sale 12Months Supply of Inventory 13Housing Supply Overview Report 14

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replenish neighborhoods with new listings.

New Listings in the Northeast Florida region increased 21.7 percent to 2,750. Pending Sales were up 34.2 percent to 2,171. Inventory levels shrank 29.2 percent to 7,982 units.

Prices followed the mercury higher. The Median Sales Price increased 6.8 percent to $158,000. Days on Market was down 20.4 percent to 82 days. Absorption rates improved as Months Supply of Inventory was down 42.9 percent to 4.4 months.

The economy – which generates the jobs that fuel housing demand – continued to improve at a moderate pace during the second quarter of 2013. Budget sequesters and sluggish export growth have taken a back seat to housing recovery and stronger consumer spending. Interest rates could flirt with 4.0 percent again but are not likely to reach 3.3 percent again.

Area breakouts of 29 submarkets begin after page 21.Click on desired metric to jump to that page.

Percent of Original List Price Received

Percent of Properties Sold Over List Price

Market OverviewKey market metrics for the current month and year-to-date.

Key Metrics Historical Sparklines 6-2012 6-2013 +/- YTD 2012 YTD 2013 +/-

10,529 + 22.8%

$148,338

- 20.4% 113 95 - 15.9%

+ 14.1%

103 82

$148,000 $158,000 + 6.8% $130,000

Days on Market Until Sale

Median Sales Price

1,694 1,829 + 8.0% 8,573

New Listings

Pending Sales

Closed Sales

+ 12.5%

1,618 2,171 + 34.2% 9,484 12,544 + 32.3%

15,9092,259 2,750 + 21.7% 14,1466-2010 6-2011 6-2012 6-2013

6-2010 6-2011 6-2012 6-2013

6-2010 6-2011 6-2012 6-2013

6-2010 6-2011 6-2012 6-2013

+ 19.1% 15.5% 18.7% + 20.6%

+ 3.3%

203

11,279

193

$204,868 + 3.4%

91.4% 94.4%

$198,128

16.2% 19.3%

- 14.2%

--

$175,254 $188,602 + 7.6%

+ 3.4%90.2% 93.3%

Housing Affordability Index

Average Sales Price

Percent of OriginalList Price Received

Percent of PropertiesSold Over List Price

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7.7

184 - 9.4%

- 29.2%

- 42.9%

7,982

4.4

225

--

-- --

--

--Months Supplyof Homes for Sale

Inventory of Homes for Sale

6-2010 6-2011 6-2012 6-2013

6-2010 6-2011 6-2012 6-2013

6-2010 6-2011 6-2012 6-2013

6-2010 6-2011 6-2012 6-2013

6-2010 6-2011 6-2012 6-2013

6-2010 6-2011 6-2012 6-2013

6-2010 6-2011 6-2012 6-2013

New Listings A count of the properties that have been newly listed on the market in a given month.

MonthPrior Year

Current Year

+/–

July 2,202 2,148 -2.5%

August 2,321 2,256 -2.8%

September 2,100 2,217 +5.6%

October 2,157 2,217 +2.8%

November 1,832 1,930 +5.3%

December 1,661 1,643 -1.1%

January 2,422 2,503 +3.3%

February 2,378 2,428 +2.1%

March 2,431 2,725 +12.1%

April 2,358 2,808 +19.1%

May 2,298 2,695 +17.3%

June 2,259 2,750 +21.7%

2,4652,259

2,750

June

14,77614,146

15,909

Year To Date

+12.5%-8.4% +21.7% -4.3%

12-Month Avg 2,202 2,360 +7.2%

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2011 2012 2013

1,000

1,500

2,000

2,500

3,000

3,500

4,000

4,500

5,000

1-2003 1-2004 1-2005 1-2006 1-2007 1-2008 1-2009 1-2010 1-2011 1-2012 1-2013

Historical New Listing Activity

2011 2012 2013

Pending Sales A count of the properties on which contracts have been written in a given month.

MonthPrior Year

Current Year

+/–

July 1,436 1,546 +7.7%

August 1,491 1,655 +11.0%

September 1,324 1,528 +15.4%

October 1,333 1,619 +21.5%

November 1,232 1,594 +29.4%

December 1,211 1,470 +21.4%

January 1,350 1,775 +31.5%

February 1,491 1,889 +26.7%

March 1,674 2,161 +29.1%

April 1,629 2,312 +41.9%

May 1,722 2,236 +29.8%

June 1,618 2,171 +34.2%

1,581 1,618

2,171

June

8,9219,484

12,544

Year To Date

+32.3%+2.3% +34.2% +6.3%

12-Month Avg 1,459 1,830 +25.4%

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2011 2012 2013

750

1,000

1,250

1,500

1,750

2,000

2,250

2,500

2,750

1-2003 1-2004 1-2005 1-2006 1-2007 1-2008 1-2009 1-2010 1-2011 1-2012 1-2013

Historical Pending Sales Activity

2011 2012 2013

Closed Sales A count of actual sales that have closed within a given month.

MonthPrior Year

Current Year

+/–

July 1,417 1,530 +8.0%

August 1,549 1,639 +5.8%

September 1,397 1,352 -3.2%

October 1,250 1,594 +27.5%

November 1,248 1,554 +24.5%

December 1,446 1,702 +17.7%

January 1,018 1,370 +34.6%

February 1,252 1,517 +21.2%

March 1,544 1,796 +16.3%

April 1,459 1,955 +34.0%

May 1,606 2,062 +28.4%

June 1,694 1,829 +8.0%

1,6251,694

1,829

June

8,391 8,573

10,529

Year To Date

+22.8%+4.2% +8.0% +2.2%

12-Month Avg 1,407 1,658 +18.6%

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2011 2012 2013

500

700

900

1,100

1,300

1,500

1,700

1,900

2,100

2,300

2,500

1-2003 1-2004 1-2005 1-2006 1-2007 1-2008 1-2009 1-2010 1-2011 1-2012 1-2013

Historical Closed Sales Activity

2011 2012 2013

Days on Market Until Sale Average number of days between when a property is listed and when an offer is accepted in a given month.

MonthPrior Year

Current Year

+/–

July 120 117 -2.5%

August 121 111 -8.3%

September 115 109 -5.2%

October 124 112 -9.7%

November 119 106 -10.9%

December 119 104 -12.6%

January 120 101 -15.8%

February 121 102 -15.7%

March 118 103 -12.7%

April 115 97 -15.7%

May 107 88 -17.8%

June 103 82 -20.4%

128

103

82

June

122113

95

Year To Date

-15.9%-19.5% -20.4% -7.4%

12-Month Avg 116 102 -12.3%

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2011 2012 2013

40

50

60

70

80

90

100

110

120

130

1-2003 1-2004 1-2005 1-2006 1-2007 1-2008 1-2009 1-2010 1-2011 1-2012 1-2013

Historical Days on Market Until Sale

2011 2012 2013

Median Sales Price Median price point for all closed sales, not accounting for seller concessions, in a given month.

MonthPrior Year

Current Year

+/–

July $129,000 $135,900 +5.3%

August $135,000 $139,000 +3.0%

September $121,500 $131,500 +8.2%

October $125,000 $136,750 +9.4%

November $130,000 $129,900 -0.1%

December $125,000 $142,000 +13.6%

January $110,000 $138,000 +25.5%

February $116,700 $137,100 +17.5%

March $128,000 $141,000 +10.2%

April $135,000 $152,000 +12.6%

May $132,000 $155,000 +17.4%

June $148,000 $158,000 +6.8%

$133,000$148,000

$158,000

June

$124,000$130,000

$148,338

Year To Date

+14.1%+11.3% +6.8% +4.8%

12-Month Med $128,500 $143,500 +11.7%

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2011 2012 2013

$100,000

$120,000

$140,000

$160,000

$180,000

$200,000

$220,000

1-2003 1-2004 1-2005 1-2006 1-2007 1-2008 1-2009 1-2010 1-2011 1-2012 1-2013

Historical Median Sales Price

2011 2012 2013

Average Sales Price Average sales price for all closed sales, not accounting for seller concessions, in a given month.

MonthPrior Year

Current Year

+/–

July $172,355 $174,808 +1.4%

August $175,904 $191,907 +9.1%

September $169,226 $181,369 +7.2%

October $160,965 $173,646 +7.9%

November $161,244 $176,453 +9.4%

December $163,620 $195,383 +19.4%

January $149,844 $167,872 +12.0%

February $157,135 $163,623 +4.1%

March $170,953 $186,982 +9.4%

April $179,709 $197,732 +10.0%

May $181,486 $199,011 +9.7%

June $198,128 $204,868 +3.4%

$182,256$198,128 $204,868

June

$164,608$175,254

$188,602

Year To Date

+ 7.6%+ 8.7% + 3.4% + 6.5%

12-Month Avg $171,482 $185,756 +8.3%

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2011 2012 2013

$140,000

$160,000

$180,000

$200,000

$220,000

$240,000

$260,000

$280,000

1-2003 1-2004 1-2005 1-2006 1-2007 1-2008 1-2009 1-2010 1-2011 1-2012 1-2013

Historical Average Sales Price

2011 2012 2013

Percent of Original List Price Received

MonthPrior Year

Current Year

+/–

July 89.1% 90.8% +1.9%

August 88.9% 91.5% +2.9%

September 89.0% 91.4% +2.7%

October 89.2% 91.4% +2.5%

November 89.8% 91.5% +1.9%

December 89.0% 91.9% +3.3%

January 88.9% 92.3% +3.8%

February 88.9% 92.1% +3.6%

March 89.7% 92.8% +3.5%

April 90.2% 93.6% +3.8%

May 91.0% 93.9% +3.2%

June 91.4% 94.4% +3.3%

Percentage found when dividing a property’s sales price by its original list price, then taking the average for all properties sold in a given month, not accounting for seller concessions.

87.9%91.4% 94.4%

June

87.3% 90.2% 93.3%

Year To Date

+3.4%+4.0% +3.3% +3.3%

12-Month Avg 89.7% 92.4% +3.0%

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2011 2012 2013

84%

86%

88%

90%

92%

94%

96%

98%

100%

1-2003 1-2004 1-2005 1-2006 1-2007 1-2008 1-2009 1-2010 1-2011 1-2012 1-2013

Historical Percent of Original List Price Received

2011 2012 2013

Percent of Properties Sold Over List Price

MonthPrior Year

Current Year

+/–

July 15.7% 16.2% +3.2%

August 12.7% 15.6% +22.8%

September 14.9% 17.2% +15.4%

October 14.1% 18.2% +29.1%

November 16.6% 16.9% +1.8%

December 15.1% 18.4% +21.9%

January 14.0% 19.0% +35.7%

February 14.8% 17.0% +14.9%

March 15.1% 18.9% +25.2%

April 14.7% 18.8% +27.9%

May 17.3% 19.0% +9.8%

June 16.2% 19.3% +19.1%

Percent of closed sales that sold for more than the most recent list price.

13.8%

16.2%

19.3%

June

14.4%15.5%

18.7%

Year To Date

+20.6%+17.0% +19.1% +7.6%

12-Month Avg 15.2% 17.9% +18.4%

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2011 2012 2013

6%

8%

10%

12%

14%

16%

18%

20%

1-2003 1-2004 1-2005 1-2006 1-2007 1-2008 1-2009 1-2010 1-2011 1-2012 1-2013

Historical Percent of Properties Sold Over List Price

2011 2012 2013

Housing Affordability Index

MonthPrior Year

Current Year

+/–

July 215 220 +2.3%

August 210 217 +3.3%

September 229 228 -0.4%

October 227 221 -2.6%

November 220 231 +5.0%

December 227 216 -4.8%

January 251 220 -12.4%

February 241 219 -9.1%

March 224 213 -4.9%

April 214 202 -5.6%

May 219 195 -11.0%

June 203 184 -9.4%

This index measures housing affordability for the region. An index of 120 means the median household income was 120% of what is necessary to qualify for the median-priced home under prevailing interest rates. A higher number means greater affordability.

210 203184

June

222 225

193

Year To Date

-14.2%-3.3% -9.4% +1.4%

12-Month Avg 223 214 -4.1%

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2011 2012 2013

100

120

140

160

180

200

220

240

260

1-2004 1-2005 1-2006 1-2007 1-2008 1-2009 1-2010 1-2011 1-2012 1-2013

Historical Housing Affordability Index

2011 2012 2013

Inventory of Homes for Sale The number of properties available for sale in active status at the end of the month.

MonthPrior Year

Current Year

+/–

July 13,095 11,094 -15.3%

August 12,842 10,887 -15.2%

September 12,631 10,741 -15.0%

October 12,502 10,517 -15.9%

November 12,247 10,111 -17.4%

December 11,428 9,249 -19.1%

January 11,498 9,229 -19.7%

February 11,605 9,152 -21.1%

March 11,527 8,960 -22.3%

April 11,560 8,730 -24.5%

May 11,425 8,351 -26.9%

June 11,279 7,982 -29.2%

13,386

11,279

7,982

June

-29.2%-15.7%

12-Month Avg 11,970 9,584 -20.1%

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2011 2012 2013

5,000

7,000

9,000

11,000

13,000

15,000

17,000

19,000

21,000

23,000

1-2003 1-2004 1-2005 1-2006 1-2007 1-2008 1-2009 1-2010 1-2011 1-2012 1-2013

Historical Inventory of Homes for Sale

Months Supply of Inventory The inventory of homes for sale at the end of a given month, divided by the average monthly pending sales from the last 12 months.

MonthPrior Year

Current Year

+/–

July 9.5 7.6 -20.0%

August 9.3 7.3 -21.5%

September 9.1 7.2 -20.9%

October 8.8 6.9 -21.6%

November 8.7 6.5 -25.3%

December 8.1 5.9 -27.2%

January 8.1 5.7 -29.6%

February 8.1 5.6 -30.9%

March 8.1 5.3 -34.6%

April 8.0 5.0 -37.5%

May 7.8 4.7 -39.7%

June 7.7 4.4 -42.9%

9.7

7.7

4.4

June

-42.9%-20.6%

12-Month Avg 8.4 6.0 -28.9%

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2011 2012 2013

2

4

6

8

10

12

14

16

18

1-2004 1-2005 1-2006 1-2007 1-2008 1-2009 1-2010 1-2011 1-2012 1-2013

Historical Months Supply of Inventory

June 2013 Quick Facts

Housing Supply Overview

A RESEARCH TOOL PROVIDED BY THENORTHEAST FLORIDA ASSOCIATION OF REALTORS

+ 41.7% + 28.8% + 27.4%

Price Range With Construction Status With Property Type With

$200,000 to $299,999 New Construction

Pending Sales 15Days on Market Until Sale 16Median Sales Price 17Percent of Original List Price Received 18Percent of Properties Sold Over List Price 19Inventory of Homes for Sale 20Months Supply of Inventory 21

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Single-Family

Click on desired metric to jump to that page.

Price Range With Strongest Sales:

Construction Status With Strongest Sales:

Property Type With Strongest Sales:

Pending Sales A count of properties on which offers have been accepted. Based on a rolling 12-month total.

9,852

2,558 2,767

1,598

556 180

11,291

3,5203,922

2,263

767193

$149,999 and Below

$150,000 to $199,999

$200,000 to $299,999

$300,000 to $499,999

$500,000 to $999,999

$1,000,000 and Above

By Price Range6-2012 6-2013

15,262

2,249

19,060

2,896

Previously Owned New Construction

By Construction Status6-2012 6-2013

+ 14.6%

14,352

3,159

18,285

3,671

Single-Family Condo-Townhouse

By Property Type6-2012 6-2013

+ 37.6% + 41.7% + 41.6% + 7.2% + 27.4% + 16.2%+ 24.9% + 28.8%+ 37.9%

By Price Range 6-2012 6-2013 Change 6-2012 6-2013 Change 6-2012 6-2013 Change

$149,999 and Below 9,852 11,291 + 14.6% 7,452 8,661 + 16.2% 2,400 2,630 + 9.6%

$150,000 to $199,999 2,558 3,520 + 37.6% 2,284 3,190 + 39.7% 274 330 + 20.4%

$200,000 to $299,999 2,767 3,922 + 41.7% 2,498 3,510 + 40.5% 269 412 + 53.2%

$300,000 to $499,999 1,598 2,263 + 41.6% 1,463 2,073 + 41.7% 135 190 + 40.7%

$500,000 to $999,999 556 767 + 37.9% 493 675 + 36.9% 63 92 + 46.0%

$1,000,000 and Above 180 193 + 7.2% 162 176 + 8.6% 18 17 - 5.6%

All Price Ranges 17,511 21,956 + 25.4% 14,352 18,285 + 27.4% 3,159 3,671 + 16.2%

By Construction Status 6-2012 6-2013 Change 6-2012 6-2013 Change 6-2012 6-2013 Change

Previously Owned 15,262 19,060 + 24.9% 12,525 15,878 + 26.8% 2,737 3,182 + 16.3%

New Construction 2,249 2,896 + 28.8% 1,827 2,407 + 31.7% 422 489 + 15.9%

All Property Types 17,511 21,956 + 25.4% 14,352 18,285 + 27.4% 3,159 3,671 + 16.2%

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All Properties Single-Family Condo-Townhouse

Days on Market Until Sale Average number of days between when a property is listed and when an offer is accepted. Based on a rolling 12-month average.

111120 115

125

166

199

98 101 101 107

145

185

$149,999 and Below

$150,000 to $199,999

$200,000 to $299,999

$300,000 to $499,999

$500,000 to $999,999

$1,000,000 and Above

By Price Range6-2012 6-2013

117114

101

108

Previously Owned New Construction

By Construction Status6-2012 6-2013

- 11.7%

117112

10395

Single-Family Condo-Townhouse

By Property Type6-2012 6-2013

- 16.2% - 12.2% - 14.7% - 7.1% - 11.8% - 15.3%- 13.3% - 5.4%- 12.4%

By Price Range 6-2012 6-2013 Change 6-2012 6-2013 Change 6-2012 6-2013 Change

$149,999 and Below 111 98 - 11.7% 113 103 - 8.8% 105 82 - 22.3%

$150,000 to $199,999 120 101 - 16.2% 120 99 - 17.3% 125 119 - 5.3%

$200,000 to $299,999 115 101 - 12.2% 114 99 - 13.4% 120 118 - 2.1%

$300,000 to $499,999 125 107 - 14.7% 122 102 - 15.9% 162 156 - 3.5%

$500,000 to $999,999 166 145 - 12.4% 160 138 - 13.8% 213 195 - 8.3%

$1,000,000 and Above 199 185 - 7.1% 200 189 - 5.2% 197 122 - 38.3%

All Price Ranges 116 102 - 12.3% 117 103 - 11.8% 112 95 - 15.3%

By Construction Status 6-2012 6-2013 Change 6-2012 6-2013 Change 6-2012 6-2013 Change

Previously Owned 117 101 - 13.3% 118 103 - 12.8% 110 92 - 16.4%

New Construction 114 108 - 5.4% 111 106 - 4.4% 128 119 - 7.1%

All Property Types 116 102 - 12.3% 117 103 - 11.8% 112 95 - 15.3%

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All Properties Single-Family Condo-Townhouse

Median Sales Price Median price point for all closed sales, not accounting for seller concessions. Based on a rolling 12-month median.

$115,000

$206,200

$127,078

$227,060

Previously Owned New Construction

By Construction Status6-2012 6-2013

$128,500$140,090

$78,500

$143,500$154,900

$94,990

All Properties Single Family Detached Condo Townhouse Attached

By Property Type6-2012 6-2013

+ 10.6% + 21.0%+ 10.5% + 11.7%+ 10.1%

By Construction Status 6-2012 6-2013 Change 6-2012 6-2013 Change 6-2012 6-2013 Change

Previously Owned $115,000 $127,078 + 10.5% $126,600 $139,000 + 9.8% $71,000 $87,000 + 22.5%

New Construction $206,200 $227,060 + 10.1% $218,310 $239,127 + 9.5% $151,000 $154,793 + 2.5%

All Construction Statuses $128,500 $143,500 + 11.7% $140,090 $154,900 + 10.6% $78,500 $94,990 + 21.0%

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All Properties Single-Family Detached Condo-Townhouse Attached

Previously Owned New Construction All Properties Single-Family Detached Condo-Townhouse Attached

Percent of Original List Price Received Percentage found when dividing a property’s sales price by its original list price, then taking the average for all properties sold, not accounting for seller concessions. Based on a rolling 12-month average.

88.5%

91.5% 91.9% 91.5%

87.4%

82.2%

91.1%

94.1% 94.5% 93.9%

91.1%

84.9%

$149,999 and Below

$150,000 to $199,999

$200,000 to $299,999

$300,000 to $499,999

$500,000 to $999,999

$1,000,000 and Above

By Price Range6-2012 6-2013

88.8%

95.3%

91.6%

98.1%

Previously Owned New Construction

By Construction Status6-2012 6-2013

+ 2.9%

89.1%

92.0%92.0%

94.6%

Single-Family Condo-Townhouse

By Property Type6-2012 6-2013

+ 2.8% + 2.9% + 2.7% + 3.3% + 3.2% + 2.9%+ 3.1% + 2.9%+ 4.2%

By Price Range 6-2012 6-2013 Change 6-2012 6-2013 Change 6-2012 6-2013 Change

$149,999 and Below 88.5% 91.1% + 2.9% 87.3% 89.8% + 2.9% 92.2% 95.1% + 3.1%

$150,000 to $199,999 91.5% 94.1% + 2.8% 91.3% 94.1% + 3.0% 92.9% 93.8% + 1.0%

$200,000 to $299,999 91.9% 94.5% + 2.9% 91.9% 94.4% + 2.8% 91.9% 95.6% + 4.0%

$300,000 to $499,999 91.5% 93.9% + 2.7% 91.7% 94.2% + 2.8% 89.6% 90.6% + 1.1%

$500,000 to $999,999 87.4% 91.1% + 4.2% 87.8% 91.3% + 3.9% 83.9% 89.8% + 7.0%

$1,000,000 and Above 82.2% 84.9% + 3.3% 81.8% 84.7% + 3.6% 87.8% 88.7% + 1.1%

All Price Ranges 89.7% 92.4% + 3.1% 89.1% 92.0% + 3.2% 92.0% 94.6% + 2.9%

By Construction Status 6-2012 6-2013 Change 6-2012 6-2013 Change 6-2012 6-2013 Change

Previously Owned 88.8% 91.6% + 3.1% 88.3% 91.1% + 3.2% 91.2% 94.0% + 3.0%

New Construction 95.3% 98.1% + 2.9% 95.0% 97.8% + 3.0% 96.7% 99.6% + 3.0%

All Property Types 89.7% 92.4% + 3.1% 89.1% 92.0% + 3.2% 92.0% 94.6% + 2.9%

All data provided by the Northeast Florida Multiple Listing Service. Powered by 10K Research and Marketing. | Click for Cover Page | 18

All Properties Single-Family Condo-Townhouse

Percent of Properties Sold Over List Price Percent of closed sales that sold for more than the most recent list price. Based on a rolling 12-month average.

20.1%

11.5%

8.7% 7.8%

5.1%

0.6%

23.9%

14.8%

12.2%

9.2%

5.9%3.4%

$149,999 and Below

$150,000 to $199,999

$200,000 to $299,999

$300,000 to $499,999

$500,000 to $999,999

$1,000,000 and Above

By Price Range6-2012 6-2013

15.1% 15.8%17.8%

19.2%

Previously Owned New Construction

By Construction Status6-2012 6-2013

+ 19.4%

14.3%

20.8%

17.5%

21.3%

Single-Family Condo-Townhouse

By Property Type6-2012 6-2013

+ 29.1% + 40.1% + 17.6% + 489.7% + 22.2% + 2.0%+ 17.9% + 21.9%+ 14.2%

By Price Range 6-2012 6-2013 Change 6-2012 6-2013 Change 6-2012 6-2013 Change

$149,999 and Below 20.1% 23.9% + 19.4% 18.7% 23.4% + 25.0% 26.4% 26.7% + 1.2%

$150,000 to $199,999 11.5% 14.8% + 29.1% 12.0% 15.2% + 26.3% 2.7% 7.9% + 189.5%

$200,000 to $299,999 8.7% 12.2% + 40.1% 9.0% 12.5% + 38.3% 4.7% 8.5% + 83.4%

$300,000 to $499,999 7.8% 9.2% + 17.6% 8.1% 9.5% + 17.6% 3.8% 3.9% + 1.6%

$500,000 to $999,999 5.1% 5.9% + 14.2% 5.8% 6.0% + 4.0% 0.0% 4.7% 0.0%

$1,000,000 and Above 0.6% 3.4% + 489.7% 0.6% 3.8% + 492.4% 0.0% 0.0% 0.0%

All Price Ranges 15.2% 17.9% + 18.4% 14.3% 17.5% + 22.2% 20.8% 21.3% + 2.0%

By Construction Status 6-2012 6-2013 Change 6-2012 6-2013 Change 6-2012 6-2013 Change

Previously Owned 15.1% 17.8% + 17.9% 14.0% 17.2% + 23.2% 22.2% 21.6% - 2.6%

New Construction 15.8% 19.2% + 21.9% 16.6% 19.4% + 16.6% 5.9% 16.4% + 177.6%

All Property Types 15.2% 17.9% + 18.4% 14.3% 17.5% + 22.2% 20.8% 21.3% + 2.0%

All data provided by the Northeast Florida Multiple Listing Service. Powered by 10K Research and Marketing. | Click for Cover Page | 19

All Properties Single-Family Condo-Townhouse

Inventory of Homes for Sale The number of properties available for sale in active status at the end of the most recent month. Based on one month of activity.

5,609

1,592 1,730

1,228782

338

3,049

1,0811,559

1,243

723327

$149,999 and Below

$150,000 to $199,999

$200,000 to $299,999

$300,000 to $499,999

$500,000 to $999,999

$1,000,000 and Above

By Price Range6-2012 6-2013

10,232

1,047

7,027

955

Previously Owned New Construction

By Construction Status6-2012 6-2013

- 45.6%

9,672

1,607

7,024

958

Single-Family Condo-Townhouse

By Property Type6-2012 6-2013

- 32.1% - 9.9% + 1.2% - 3.3% - 27.4% - 40.4%- 31.3% - 8.8%- 7.5%

By Price Range 6-2012 6-2013 Change 6-2012 6-2013 Change 6-2012 6-2013 Change

$149,999 and Below 5,609 3,049 - 45.6% 4,654 2,609 - 43.9% 955 440 - 53.9%

$150,000 to $199,999 1,592 1,081 - 32.1% 1,412 948 - 32.9% 180 133 - 26.1%

$200,000 to $299,999 1,730 1,559 - 9.9% 1,516 1,388 - 8.4% 214 171 - 20.1%

$300,000 to $499,999 1,228 1,243 + 1.2% 1,088 1,114 + 2.4% 140 129 - 7.9%

$500,000 to $999,999 782 723 - 7.5% 689 658 - 4.5% 93 65 - 30.1%

$1,000,000 and Above 338 327 - 3.3% 313 307 - 1.9% 25 20 - 20.0%

All Price Ranges 11,279 7,982 - 29.2% 9,672 7,024 - 27.4% 1,607 958 - 40.4%

By Construction Status 6-2012 6-2013 Change 6-2012 6-2013 Change 6-2012 6-2013 Change

Previously Owned 10,232 7,027 - 31.3% 8,841 6,173 - 30.2% 1,391 854 - 38.6%

New Construction 1,047 955 - 8.8% 831 851 + 2.4% 216 104 - 51.9%

All Property Types 11,279 7,982 - 29.2% 9,672 7,024 - 27.4% 1,607 958 - 40.4%

All data provided by the Northeast Florida Multiple Listing Service. Powered by 10K Research and Marketing. | Click for Cover Page | 20

All Properties Single-Family Condo-Townhouse

Months Supply of Inventory The inventory of homes for sale at the end of the most recent month, based on one month of activity, divided by the average monthly pending sales from the last 12 months.

6.8 7.5 7.59.2

16.9

22.5

3.2 3.74.8

6.6

11.3

20.3

$149,999 and Below

$150,000 to $199,999

$200,000 to $299,999

$300,000 to $499,999

$500,000 to $999,999

$1,000,000 and Above

By Price Range6-2012 6-2013

8.0

5.6

4.44.0

Previously Owned New Construction

By Construction Status6-2012 6-2013

- 52.6%

8.1

6.1

4.6

3.1

Single-Family Condo-Townhouse

By Property Type6-2012 6-2013

- 50.7% - 36.4% - 28.5% - 9.8% - 43.2% - 49.2%- 45.0% - 29.2%- 33.0%

By Price Range 6-2012 6-2013 Change 6-2012 6-2013 Change 6-2012 6-2013 Change

$149,999 and Below 6.8 3.2 - 52.6% 7.5 3.6 - 51.8% 4.8 2.0 - 58.0%

$150,000 to $199,999 7.5 3.7 - 50.7% 7.4 3.6 - 51.9% 7.9 4.8 - 38.6%

$200,000 to $299,999 7.5 4.8 - 36.4% 7.3 4.7 - 34.8% 9.5 5.0 - 47.8%

$300,000 to $499,999 9.2 6.6 - 28.5% 8.9 6.4 - 27.7% 12.4 8.1 - 34.5%

$500,000 to $999,999 16.9 11.3 - 33.0% 16.8 11.7 - 30.2% 17.7 8.5 - 52.1%

$1,000,000 and Above 22.5 20.3 - 9.8% 23.2 20.9 - 9.7% 13.9 10.6 - 23.8%

All Price Ranges 7.7 4.4 - 42.9% 8.1 4.6 - 43.2% 6.1 3.1 - 49.2%

By Construction Status 6-2012 6-2013 Change 6-2012 6-2013 Change 6-2012 6-2013 Change

Previously Owned 8.0 4.4 - 45.0% 8.5 4.7 - 44.9% 6.1 3.2 - 47.2%

New Construction 5.6 4.0 - 29.2% 5.5 4.2 - 22.3% 6.1 2.6 - 58.4%

All Property Types 7.7 4.4 - 42.9% 8.1 4.6 - 43.2% 6.1 3.1 - 49.2%

All data provided by the Northeast Florida Multiple Listing Service. Powered by 10K Research and Marketing. | Click for Cover Page | 21

All Properties Single-Family Condo-Townhouse

A RESEARCH TOOL PROVIDED BY THE NORTHEAST FLORIDA ASSOCIATION OF REALTORS®

2012 2013 + / – 2012 2013 + / –

New Listings 206 270 + 31.1% 1,350 1,586 + 17.5%

Closed Sales 171 233 + 36.3% 867 1,149 + 32.5%

Median Sales Price* $157,000 $184,950 + 17.8% $150,000 $165,000 + 10.0%

Percent of Original List Price Received* 91.7% 95.9% + 4.6% 90.8% 94.8% + 4.4%

Percent of Properties Sold Over List Price* 14.0% 17.2% + 22.9% 13.3% 18.5% + 39.1%

Days on Market Until Sale 104 71 - 31.7% 108 83 - 23.1%

Inventory of Homes for Sale 941 687 - 27.0% -- -- --

Months Supply of Inventory 6.4 3.6 - 43.8% -- -- --

Region 01 June Year to Date

Local Market Update – June 2013

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

Southside / Mandarin /

+ 31.1% + 36.3% + 17.8%Change in

New ListingsChange in

Closed SalesChange in

Median Sales Price

1,3501,586

1 149

Year to Date 2012 2013

206

270233

June 2012 2013

** 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 proportioned according to their share of sales during that period | Current as of July 8 2013 All data from Northeast Florida Multiple Listing Service | Powered by 10K Research and Marketing

All MLS

Southside / Mandarin / Bartram

- 25%

- 20%

- 15%

- 10%

- 5%

0%

+ 5%

+ 10%

+ 15%

+ 20%

1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011 1-2012 7-2012 1-2013

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

a

8671,149

New Listings Closed Sales+ 32.5%+ 17.5%

206171

New Listings Closed Sales+ 36.3%+ 31.1%

share of sales during that period. | Current as of July 8, 2013. All data from Northeast Florida Multiple Listing Service. | Powered by 10K Research and Marketing.

A RESEARCH TOOL PROVIDED BY THE NORTHEAST FLORIDA ASSOCIATION OF REALTORS®

2012 2013 + / – 2012 2013 + / –

New Listings 295 339 + 14.9% 1,735 1,875 + 8.1%

Closed Sales 244 248 + 1.6% 1,196 1,366 + 14.2%

Median Sales Price* $118,700 $143,650 + 21.0% $115,000 $134,500 + 17.0%

Percent of Original List Price Received* 92.4% 96.5% + 4.4% 91.2% 95.2% + 4.4%

Percent of Properties Sold Over List Price* 18.0% 21.8% + 21.1% 17.3% 20.8% + 20.2%

Days on Market Until Sale 90 69 - 23.3% 105 79 - 24.8%

Inventory of Homes for Sale 1,131 690 - 39.0% -- -- --

Months Supply of Inventory 5.5 2.9 - 47.3% -- -- --

Region 02 June Year to Date

Local Market Update – June 2013

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

Southside+ 14.9% + 1.6% + 21.0%

Change in New Listings

Change inClosed Sales

Change in Median Sales Price

1,7351,875

1,366

Year to Date 2012 2013

295339

248

June 2012 2013

** 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 proportioned according to their share of sales during that period | Current as of July 8 2013 All data from Northeast Florida Multiple Listing Service | Powered by 10K Research and Marketing

All MLS

Southside

- 30%

- 20%

- 10%

0%

+ 10%

+ 20%

+ 30%

+ 40%

1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011 1-2012 7-2012 1-2013

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

a

1,1961,366

New Listings Closed Sales+ 14.2%+ 8.1%

244 248

New Listings Closed Sales+ 1.6%+ 14.9%

share of sales during that period. | Current as of July 8, 2013. All data from Northeast Florida Multiple Listing Service. | Powered by 10K Research and Marketing.

A RESEARCH TOOL PROVIDED BY THE NORTHEAST FLORIDA ASSOCIATION OF REALTORS®

2012 2013 + / – 2012 2013 + / –

New Listings 51 74 + 45.1% 311 410 + 31.8%

Closed Sales 28 40 + 42.9% 182 244 + 34.1%

Median Sales Price* $247,500 $242,500 - 2.0% $189,000 $206,000 + 9.0%

Percent of Original List Price Received* 86.1% 92.4% + 7.3% 86.0% 90.9% + 5.7%

Percent of Properties Sold Over List Price* 3.6% 10.0% + 177.8% 6.6% 11.5% + 74.2%

Days on Market Until Sale 109 86 - 21.1% 123 109 - 11.4%

Inventory of Homes for Sale 301 228 - 24.3% -- -- --

Months Supply of Inventory 10.3 5.7 - 44.7% -- -- --

Region 03 June Year to Date

Local Market Update – June 2013

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

Riverside / Avondale / Ortega

+ 45.1% + 42.9% - 2.0%Change in

New ListingsChange in

Closed SalesChange in

Median Sales Price

311

410

Year to Date 2012 2013

51

74

June 2012 2013

** 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 proportioned according to their share of sales during that period | Current as of July 8 2013 All data from Northeast Florida Multiple Listing Service | Powered by 10K Research and Marketing

All MLS

Riverside / Avondale / Ortega

- 30%

- 25%

- 20%

- 15%

- 10%

- 5%

0%

+ 5%

+ 10%

+ 15%

+ 20%

1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011 1-2012 7-2012 1-2013

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

a

311

182244

New Listings Closed Sales+ 34.1%+ 31.8%

51

2840

New Listings Closed Sales+ 42.9%+ 45.1%

share of sales during that period. | Current as of July 8, 2013. All data from Northeast Florida Multiple Listing Service. | Powered by 10K Research and Marketing.

A RESEARCH TOOL PROVIDED BY THE NORTHEAST FLORIDA ASSOCIATION OF REALTORS®

2012 2013 + / – 2012 2013 + / –

New Listings 159 198 + 24.5% 981 1,098 + 11.9%

Closed Sales 125 127 + 1.6% 649 834 + 28.5%

Median Sales Price* $106,000 $129,000 + 21.7% $97,250 $118,500 + 21.9%

Percent of Original List Price Received* 89.5% 94.5% + 5.6% 89.2% 93.2% + 4.5%

Percent of Properties Sold Over List Price* 17.7% 19.7% + 11.3% 18.1% 22.8% + 26.0%

Days on Market Until Sale 95 89 - 6.3% 112 87 - 22.3%

Inventory of Homes for Sale 711 443 - 37.7% -- -- --

Months Supply of Inventory 6.4 3.1 - 51.6% -- -- --

Region 04 June Year to Date

Local Market Update – June 2013

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

Arlington / Fort Caroline

+ 24.5% + 1.6% + 21.7%Change in

New ListingsChange in

Closed SalesChange in

Median Sales Price

9811,098

834

Year to Date 2012 2013

159198

June 2012 2013

** 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 proportioned according to their share of sales during that period | Current as of July 8 2013 All data from Northeast Florida Multiple Listing Service | Powered by 10K Research and Marketing

All MLS

Arlington / Fort Caroline

- 25%

- 20%

- 15%

- 10%

- 5%

0%

+ 5%

+ 10%

+ 15%

+ 20%

+ 25%

1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011 1-2012 7-2012 1-2013

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

a

649

New Listings Closed Sales+ 28.5%+ 11.9%

159125 127

New Listings Closed Sales+ 1.6%+ 24.5%

share of sales during that period. | Current as of July 8, 2013. All data from Northeast Florida Multiple Listing Service. | Powered by 10K Research and Marketing.

A RESEARCH TOOL PROVIDED BY THE NORTHEAST FLORIDA ASSOCIATION OF REALTORS®

2012 2013 + / – 2012 2013 + / –

New Listings 105 104 - 1.0% 607 685 + 12.9%

Closed Sales 49 78 + 59.2% 372 425 + 14.2%

Median Sales Price* $45,000 $58,900 + 30.9% $49,750 $50,000 + 0.5%

Percent of Original List Price Received* 94.0% 92.1% - 2.0% 88.9% 90.2% + 1.5%

Percent of Properties Sold Over List Price* 34.7% 26.0% - 25.1% 21.2% 23.8% + 12.3%

Days on Market Until Sale 112 77 - 31.3% 105 87 - 17.1%

Inventory of Homes for Sale 497 298 - 40.0% -- -- --

Months Supply of Inventory 7.8 3.7 - 52.6% -- -- --

Region 05 June Year to Date

Local Market Update – June 2013

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

Hyde Grove / Murray Hill / Lakeshore / Wesconnett

- 1.0% + 59.2% + 30.9%Change in

New ListingsChange in

Closed SalesChange in

Median Sales Price

607685

Year to Date 2012 2013

105 104

78

June 2012 2013

** 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 proportioned according to their share of sales during that period | Current as of July 8 2013 All data from Northeast Florida Multiple Listing Service | Powered by 10K Research and Marketing

All MLS

Hyde Grove / Murray Hill / Lakeshore / Wesconnett

- 50%

- 40%

- 30%

- 20%

- 10%

0%

+ 10%

+ 20%

1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011 1-2012 7-2012 1-2013

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

a

372425

New Listings Closed Sales+ 14.2%+ 12.9%

49

78

New Listings Closed Sales+ 59.2%- 1.0%

share of sales during that period. | Current as of July 8, 2013. All data from Northeast Florida Multiple Listing Service. | Powered by 10K Research and Marketing.

A RESEARCH TOOL PROVIDED BY THE NORTHEAST FLORIDA ASSOCIATION OF REALTORS®

2012 2013 + / – 2012 2013 + / –

New Listings 118 149 + 26.3% 835 853 + 2.2%

Closed Sales 116 82 - 29.3% 538 619 + 15.1%

Median Sales Price* $90,450 $112,500 + 24.4% $83,550 $99,000 + 18.5%

Percent of Original List Price Received* 90.3% 97.4% + 7.9% 89.3% 94.4% + 5.7%

Percent of Properties Sold Over List Price* 12.9% 30.5% + 136.4% 15.6% 28.5% + 82.7%

Days on Market Until Sale 108 69 - 36.1% 104 91 - 12.5%

Inventory of Homes for Sale 644 342 - 46.9% -- -- --

Months Supply of Inventory 7.1 2.9 - 59.2% -- -- --

Region 06 June Year to Date

Local Market Update – June 2013

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

West Jacksonville+ 26.3% - 29.3% + 24.4%

Change in New Listings

Change inClosed Sales

Change in Median Sales Price

835 853

619

Year to Date 2012 2013

118 116

149

June 2012 2013

** 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 proportioned according to their share of sales during that period | Current as of July 8 2013 All data from Northeast Florida Multiple Listing Service | Powered by 10K Research and Marketing

All MLS

West Jacksonville

- 25%

- 20%

- 15%

- 10%

- 5%

0%

+ 5%

+ 10%

+ 15%

+ 20%

+ 25%

1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011 1-2012 7-2012 1-2013

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

a

538619

New Listings Closed Sales+ 15.1%+ 2.2%

82

New Listings Closed Sales- 29.3%+ 26.3%

share of sales during that period. | Current as of July 8, 2013. All data from Northeast Florida Multiple Listing Service. | Powered by 10K Research and Marketing.

A RESEARCH TOOL PROVIDED BY THE NORTHEAST FLORIDA ASSOCIATION OF REALTORS®

2012 2013 + / – 2012 2013 + / –

New Listings 124 138 + 11.3% 797 827 + 3.8%

Closed Sales 62 69 + 11.3% 425 422 - 0.7%

Median Sales Price* $20,075 $26,000 + 29.5% $20,000 $24,725 + 23.6%

Percent of Original List Price Received* 89.4% 90.5% + 1.2% 87.6% 87.2% - 0.5%

Percent of Properties Sold Over List Price* 19.4% 26.1% + 34.5% 18.6% 20.7% + 11.3%

Days on Market Until Sale 100 88 - 12.0% 95 104 + 9.5%

Inventory of Homes for Sale 664 473 - 28.8% -- -- --

Months Supply of Inventory 9.6 6.0 - 37.5% -- -- --

Region 07 June Year to Date

Local Market Update – June 2013

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

Springfield / Downtown / Paxon / Trout River South

+ 11.3% + 11.3% + 29.5%Change in

New ListingsChange in

Closed SalesChange in

Median Sales Price

797 827

Year to Date 2012 2013

124138

June 2012 2013

** 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 proportioned according to their share of sales during that period | Current as of July 8 2013 All data from Northeast Florida Multiple Listing Service | Powered by 10K Research and Marketing

All MLS

Springfield / Downtown / Paxon / Trout River South

- 60%

- 50%

- 40%

- 30%

- 20%

- 10%

0%

+ 10%

+ 20%

+ 30%

+ 40%

+ 50%

1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011 1-2012 7-2012 1-2013

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

a

425 422

New Listings Closed Sales- 0.7%+ 3.8%

62 69

New Listings Closed Sales+ 11.3%+ 11.3%

share of sales during that period. | Current as of July 8, 2013. All data from Northeast Florida Multiple Listing Service. | Powered by 10K Research and Marketing.

A RESEARCH TOOL PROVIDED BY THE NORTHEAST FLORIDA ASSOCIATION OF REALTORS®

2012 2013 + / – 2012 2013 + / –

New Listings 15 27 + 80.0% 134 155 + 15.7%

Closed Sales 15 18 + 20.0% 73 105 + 43.8%

Median Sales Price* $107,950 $142,000 + 31.5% $129,000 $130,500 + 1.2%

Percent of Original List Price Received* 88.9% 97.2% + 9.3% 90.4% 91.0% + 0.7%

Percent of Properties Sold Over List Price* 0.0% 33.3% -- 12.5% 16.3% + 30.4%

Days on Market Until Sale 94 104 + 10.6% 131 124 - 5.3%

Inventory of Homes for Sale 135 86 - 36.3% -- -- --

Months Supply of Inventory 11.3 4.9 - 56.6% -- -- --

Region 08 June Year to Date

Local Market Update – June 2013

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

Marietta / Whitehouse / Baldwin / Garden St /

Dinsmore

+ 80.0% + 20.0% + 31.5%Change in

New ListingsChange in

Closed SalesChange in

Median Sales Price

134155

Year to Date 2012 2013

27

June 2012 2013

** 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 proportioned according to their share of sales during that period | Current as of July 8 2013 All data from Northeast Florida Multiple Listing Service | Powered by 10K Research and Marketing

All MLS

Marietta / Whitehouse / Baldwin / Garden St / Dinsmore

- 40%

- 20%

0%

+ 20%

+ 40%

+ 60%

+ 80%

+ 100%

+ 120%

+ 140%

1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011 1-2012 7-2012 1-2013

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

a

73

105

New Listings Closed Sales+ 43.8%+ 15.7%

15 1518

New Listings Closed Sales+ 20.0%+ 80.0%

share of sales during that period. | Current as of July 8, 2013. All data from Northeast Florida Multiple Listing Service. | Powered by 10K Research and Marketing.

A RESEARCH TOOL PROVIDED BY THE NORTHEAST FLORIDA ASSOCIATION OF REALTORS®

2012 2013 + / – 2012 2013 + / –

New Listings 128 147 + 14.8% 695 764 + 9.9%

Closed Sales 75 79 + 5.3% 437 543 + 24.3%

Median Sales Price* $125,000 $141,525 + 13.2% $125,000 $141,000 + 12.8%

Percent of Original List Price Received* 88.1% 94.0% + 6.7% 90.6% 94.4% + 4.2%

Percent of Properties Sold Over List Price* 16.0% 20.5% + 28.1% 17.8% 20.9% + 17.4%

Days on Market Until Sale 111 89 - 19.8% 115 103 - 10.4%

Inventory of Homes for Sale 573 352 - 38.6% -- -- --

Months Supply of Inventory 7.9 3.6 - 54.4% -- -- --

Region 09 June Year to Date

Local Market Update – June 2013

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

Jacksonville - North

+ 14.8% + 5.3% + 13.2%Change in

New ListingsChange in

Closed SalesChange in

Median Sales Price

695764

Year to Date 2012 2013

128147

June 2012 2013

** 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 proportioned according to their share of sales during that period | Current as of July 8 2013 All data from Northeast Florida Multiple Listing Service | Powered by 10K Research and Marketing

All MLS

Jacksonville - North

- 20%

- 15%

- 10%

- 5%

0%

+ 5%

+ 10%

+ 15%

+ 20%

+ 25%

+ 30%

1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011 1-2012 7-2012 1-2013

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

a

437543

New Listings Closed Sales+ 24.3%+ 9.9%

75 79

New Listings Closed Sales+ 5.3%+ 14.8%

share of sales during that period. | Current as of July 8, 2013. All data from Northeast Florida Multiple Listing Service. | Powered by 10K Research and Marketing.

A RESEARCH TOOL PROVIDED BY THE NORTHEAST FLORIDA ASSOCIATION OF REALTORS®

2012 2013 + / – 2012 2013 + / –

New Listings 43 85 + 97.7% 326 404 + 23.9%

Closed Sales 60 38 - 36.7% 197 228 + 15.7%

Median Sales Price* $225,500 $205,000 - 9.1% $203,000 $205,500 + 1.2%

Percent of Original List Price Received* 91.6% 98.3% + 7.3% 91.8% 95.4% + 3.9%

Percent of Properties Sold Over List Price* 11.7% 21.1% + 80.3% 14.7% 17.5% + 19.0%

Days on Market Until Sale 122 33 - 73.0% 127 83 - 34.6%

Inventory of Homes for Sale 254 191 - 24.8% -- -- --

Months Supply of Inventory 7.3 4.6 - 37.0% -- -- --

Region 12 June Year to Date

Local Market Update – June 2013

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

Fleming Island Area

+ 97.7% - 36.7% - 9.1%Change in

New ListingsChange in

Closed SalesChange in

Median Sales Price

326

404

Year to Date 2012 2013

60

85

June 2012 2013

** 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 proportioned according to their share of sales during that period | Current as of July 8 2013 All data from Northeast Florida Multiple Listing Service | Powered by 10K Research and Marketing

All MLS

Fleming Island Area

- 25%

- 20%

- 15%

- 10%

- 5%

0%

+ 5%

+ 10%

+ 15%

+ 20%

1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011 1-2012 7-2012 1-2013

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

a

197228

New Listings Closed Sales+ 15.7%+ 23.9%

43

60

38

New Listings Closed Sales- 36.7%+ 97.7%

share of sales during that period. | Current as of July 8, 2013. All data from Northeast Florida Multiple Listing Service. | Powered by 10K Research and Marketing.

A RESEARCH TOOL PROVIDED BY THE NORTHEAST FLORIDA ASSOCIATION OF REALTORS®

2012 2013 + / – 2012 2013 + / –

New Listings 134 178 + 32.8% 858 1,029 + 19.9%

Closed Sales 94 117 + 24.5% 498 666 + 33.7%

Median Sales Price* $129,250 $127,000 - 1.7% $119,950 $127,000 + 5.9%

Percent of Original List Price Received* 92.8% 97.3% + 4.8% 91.7% 95.2% + 3.8%

Percent of Properties Sold Over List Price* 21.3% 29.9% + 40.4% 20.1% 23.6% + 17.4%

Days on Market Until Sale 101 57 - 43.6% 106 82 - 22.6%

Inventory of Homes for Sale 616 428 - 30.5% -- -- --

Months Supply of Inventory 7.0 3.5 - 50.0% -- -- --

Region 13 June Year to Date

Local Market Update – June 2013

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

Orange Park+ 32.8% + 24.5% - 1.7%

Change in New Listings

Change inClosed Sales

Change in Median Sales Price

8581,029

Year to Date 2012 2013

134

178

June 2012 2013

** 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 proportioned according to their share of sales during that period | Current as of July 8 2013 All data from Northeast Florida Multiple Listing Service | Powered by 10K Research and Marketing

All MLS

Orange Park

- 20%

- 15%

- 10%

- 5%

0%

+ 5%

+ 10%

+ 15%

+ 20%

1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011 1-2012 7-2012 1-2013

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

a

498666

New Listings Closed Sales+ 33.7%+ 19.9%

134

94117

New Listings Closed Sales+ 24.5%+ 32.8%

share of sales during that period. | Current as of July 8, 2013. All data from Northeast Florida Multiple Listing Service. | Powered by 10K Research and Marketing.

A RESEARCH TOOL PROVIDED BY THE NORTHEAST FLORIDA ASSOCIATION OF REALTORS®

2012 2013 + / – 2012 2013 + / –

New Listings 74 97 + 31.1% 455 535 + 17.6%

Closed Sales 69 56 - 18.8% 267 339 + 27.0%

Median Sales Price* $145,000 $125,450 - 13.5% $134,000 $126,000 - 6.0%

Percent of Original List Price Received* 94.6% 94.5% - 0.1% 91.0% 92.5% + 1.6%

Percent of Properties Sold Over List Price* 27.5% 25.0% - 9.1% 19.5% 22.7% + 16.4%

Days on Market Until Sale 91 90 - 1.1% 119 105 - 11.8%

Inventory of Homes for Sale 377 264 - 30.0% -- -- --

Months Supply of Inventory 7.3 4.5 - 38.4% -- -- --

Region 14 June Year to Date

Local Market Update – June 2013

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

Middleburg Vicinity

+ 31.1% - 18.8% - 13.5%Change in

New ListingsChange in

Closed SalesChange in

Median Sales Price

455535

Year to Date 2012 2013

74

97

June 2012 2013

** 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 proportioned according to their share of sales during that period | Current as of July 8 2013 All data from Northeast Florida Multiple Listing Service | Powered by 10K Research and Marketing

All MLS

Middleburg Vicinity

- 20%

- 15%

- 10%

- 5%

0%

+ 5%

+ 10%

+ 15%

+ 20%

1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011 1-2012 7-2012 1-2013

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

a

267339

New Listings Closed Sales+ 27.0%+ 17.6%

74 6956

New Listings Closed Sales- 18.8%+ 31.1%

share of sales during that period. | Current as of July 8, 2013. All data from Northeast Florida Multiple Listing Service. | Powered by 10K Research and Marketing.

A RESEARCH TOOL PROVIDED BY THE NORTHEAST FLORIDA ASSOCIATION OF REALTORS®

2012 2013 + / – 2012 2013 + / –

New Listings 16 15 - 6.3% 120 134 + 11.7%

Closed Sales 11 9 - 18.2% 48 54 + 12.5%

Median Sales Price* $89,000 $95,000 + 6.7% $62,350 $81,500 + 30.7%

Percent of Original List Price Received* 85.3% 88.7% + 4.0% 86.6% 87.4% + 0.9%

Percent of Properties Sold Over List Price* 9.1% 0.0% - 100.0% 8.3% 5.6% - 32.5%

Days on Market Until Sale 98 150 + 53.1% 128 147 + 14.8%

Inventory of Homes for Sale 180 148 - 17.8% -- -- --

Months Supply of Inventory 20.6 14.2 - 31.1% -- -- --

Region 15 June Year to Date

Local Market Update – June 2013

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

Keystone Heights Vicinity

- 6.3% - 18.2% + 6.7%Change in

New ListingsChange in

Closed SalesChange in

Median Sales Price

120134

Year to Date 2012 2013

16 15

June 2012 2013

** 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 proportioned according to their share of sales during that period | Current as of July 8 2013 All data from Northeast Florida Multiple Listing Service | Powered by 10K Research and Marketing

All MLS

Keystone Heights Vicinity

- 40%

- 30%

- 20%

- 10%

0%

+ 10%

+ 20%

+ 30%

+ 40%

+ 50%

+ 60%

1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011 1-2012 7-2012 1-2013

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

a

48 54

New Listings Closed Sales+ 12.5%+ 11.7%

119

New Listings Closed Sales- 18.2%- 6.3%

share of sales during that period. | Current as of July 8, 2013. All data from Northeast Florida Multiple Listing Service. | Powered by 10K Research and Marketing.

A RESEARCH TOOL PROVIDED BY THE NORTHEAST FLORIDA ASSOCIATION OF REALTORS®

2012 2013 + / – 2012 2013 + / –

New Listings 25 26 + 4.0% 122 153 + 25.4%

Closed Sales 8 14 + 75.0% 50 72 + 44.0%

Median Sales Price* $147,305 $132,500 - 10.1% $164,500 $134,900 - 18.0%

Percent of Original List Price Received* 81.8% 89.0% + 8.8% 85.8% 89.2% + 4.0%

Percent of Properties Sold Over List Price* 12.5% 0.0% - 100.0% 8.0% 11.1% + 38.8%

Days on Market Until Sale 115 110 - 4.3% 154 130 - 15.6%

Inventory of Homes for Sale 113 97 - 14.2% -- -- --

Months Supply of Inventory 9.8 7.4 - 24.5% -- -- --

Region 16 June Year to Date

Local Market Update – June 2013

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

Green Cove Springs

+ 4.0% + 75.0% - 10.1%Change in

New ListingsChange in

Closed SalesChange in

Median Sales Price

122

153

Year to Date 2012 2013

25 26

June 2012 2013

** 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 proportioned according to their share of sales during that period | Current as of July 8 2013 All data from Northeast Florida Multiple Listing Service | Powered by 10K Research and Marketing

All MLS

Green Cove Springs

- 40%

- 30%

- 20%

- 10%

0%

+ 10%

+ 20%

+ 30%

+ 40%

+ 50%

1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011 1-2012 7-2012 1-2013

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

a

122

5072

New Listings Closed Sales+ 44.0%+ 25.4%

8

14

New Listings Closed Sales+ 75.0%+ 4.0%

share of sales during that period. | Current as of July 8, 2013. All data from Northeast Florida Multiple Listing Service. | Powered by 10K Research and Marketing.

A RESEARCH TOOL PROVIDED BY THE NORTHEAST FLORIDA ASSOCIATION OF REALTORS®

2012 2013 + / – 2012 2013 + / –

New Listings 66 64 - 3.0% 336 454 + 35.1%

Closed Sales 50 51 + 2.0% 245 313 + 27.8%

Median Sales Price* $259,000 $280,000 + 8.1% $248,000 $275,000 + 10.9%

Percent of Original List Price Received* 95.9% 95.8% - 0.1% 92.8% 95.2% + 2.6%

Percent of Properties Sold Over List Price* 12.0% 25.5% + 112.5% 12.3% 19.2% + 56.1%

Days on Market Until Sale 117 72 - 38.5% 113 83 - 26.5%

Inventory of Homes for Sale 222 176 - 20.7% -- -- --

Months Supply of Inventory 5.4 3.5 - 35.2% -- -- --

Region 21 June Year to Date

Local Market Update – June 2013

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

Jacksonville Beach- 3.0% + 2.0% + 8.1%

Change in New Listings

Change inClosed Sales

Change in Median Sales Price

336

454

313

Year to Date 2012 2013

66

50

64

51

June 2012 2013

** 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 proportioned according to their share of sales during that period | Current as of July 8 2013 All data from Northeast Florida Multiple Listing Service | Powered by 10K Research and Marketing

All MLS

Jacksonville Beach

- 30%

- 20%

- 10%

0%

+ 10%

+ 20%

+ 30%

1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011 1-2012 7-2012 1-2013

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

a

336

245313

New Listings Closed Sales+ 27.8%+ 35.1%

New Listings Closed Sales+ 2.0%- 3.0%

share of sales during that period. | Current as of July 8, 2013. All data from Northeast Florida Multiple Listing Service. | Powered by 10K Research and Marketing.

A RESEARCH TOOL PROVIDED BY THE NORTHEAST FLORIDA ASSOCIATION OF REALTORS®

2012 2013 + / – 2012 2013 + / –

New Listings 5 9 + 80.0% 68 69 + 1.5%

Closed Sales 12 3 - 75.0% 46 58 + 26.1%

Median Sales Price* $412,000 $324,000 - 21.4% $253,500 $302,500 + 19.3%

Percent of Original List Price Received* 94.0% 97.9% + 4.1% 92.3% 94.1% + 2.0%

Percent of Properties Sold Over List Price* 41.7% 0.0% - 100.0% 13.0% 15.5% + 19.2%

Days on Market Until Sale 120 36 - 70.0% 130 100 - 23.1%

Inventory of Homes for Sale 48 35 - 27.1% -- -- --

Months Supply of Inventory 6.9 4.0 - 42.0% -- -- --

Region 22 June Year to Date

Local Market Update – June 2013

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

Neptune Beach+ 80.0% - 75.0% - 21.4%

Change in New Listings

Change inClosed Sales

Change in Median Sales Price

68 6958

Year to Date 2012 2013

12

9

June 2012 2013

** 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 proportioned according to their share of sales during that period | Current as of July 8 2013 All data from Northeast Florida Multiple Listing Service | Powered by 10K Research and Marketing

All MLS

Neptune Beach

- 60%

- 40%

- 20%

0%

+ 20%

+ 40%

+ 60%

+ 80%

1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011 1-2012 7-2012 1-2013

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

a

46

New Listings Closed Sales+ 26.1%+ 1.5%

5

9

3

New Listings Closed Sales- 75.0%+ 80.0%

share of sales during that period. | Current as of July 8, 2013. All data from Northeast Florida Multiple Listing Service. | Powered by 10K Research and Marketing.

A RESEARCH TOOL PROVIDED BY THE NORTHEAST FLORIDA ASSOCIATION OF REALTORS®

2012 2013 + / – 2012 2013 + / –

New Listings 26 42 + 61.5% 169 230 + 36.1%

Closed Sales 13 29 + 123.1% 120 145 + 20.8%

Median Sales Price* $295,000 $301,000 + 2.0% $208,450 $215,250 + 3.3%

Percent of Original List Price Received* 91.7% 94.3% + 2.8% 89.0% 92.0% + 3.4%

Percent of Properties Sold Over List Price* 15.4% 20.7% + 34.4% 6.7% 11.0% + 64.2%

Days on Market Until Sale 94 60 - 36.2% 122 85 - 30.3%

Inventory of Homes for Sale 114 112 - 1.8% -- -- --

Months Supply of Inventory 5.9 4.9 - 16.9% -- -- --

Region 23 June Year to Date

Local Market Update – June 2013

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

Atlantic Beach+ 61.5% + 123.1% + 2.0%

Change in New Listings

Change inClosed Sales

Change in Median Sales Price

169

230

Year to Date 2012 2013

42

29

June 2012 2013

** 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 proportioned according to their share of sales during that period | Current as of July 8 2013 All data from Northeast Florida Multiple Listing Service | Powered by 10K Research and Marketing

All MLS

Atlantic Beach

- 40%

- 30%

- 20%

- 10%

0%

+ 10%

+ 20%

+ 30%

+ 40%

+ 50%

+ 60%

1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011 1-2012 7-2012 1-2013

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

a

169

120145

New Listings Closed Sales+ 20.8%+ 36.1%

26

13

29

New Listings Closed Sales+ 123.1%+ 61.5%

share of sales during that period. | Current as of July 8, 2013. All data from Northeast Florida Multiple Listing Service. | Powered by 10K Research and Marketing.

A RESEARCH TOOL PROVIDED BY THE NORTHEAST FLORIDA ASSOCIATION OF REALTORS®

2012 2013 + / – 2012 2013 + / –

New Listings 20 25 + 25.0% 164 143 - 12.8%

Closed Sales 20 17 - 15.0% 109 101 - 7.3%

Median Sales Price* $516,000 $762,000 + 47.7% $370,000 $400,000 + 8.1%

Percent of Original List Price Received* 95.7% 90.4% - 5.5% 90.0% 91.7% + 1.9%

Percent of Properties Sold Over List Price* 20.0% 5.9% - 70.5% 13.8% 13.9% + 0.7%

Days on Market Until Sale 62 133 + 114.5% 142 132 - 7.0%

Inventory of Homes for Sale 136 87 - 36.0% -- -- --

Months Supply of Inventory 7.8 5.0 - 35.9% -- -- --

Region 25 June Year to Date

Local Market Update – June 2013

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

Ponte Vedra Beach North

+ 25.0% - 15.0% + 47.7%Change in

New ListingsChange in

Closed SalesChange in

Median Sales Price

164143

Year to Date 2012 2013

20 20

25

June 2012 2013

** 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 proportioned according to their share of sales during that period | Current as of July 8 2013 All data from Northeast Florida Multiple Listing Service | Powered by 10K Research and Marketing

All MLS

Ponte Vedra Beach North

- 80%

- 60%

- 40%

- 20%

0%

+ 20%

+ 40%

+ 60%

+ 80%

+ 100%

+ 120%

+ 140%

1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011 1-2012 7-2012 1-2013

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

a

109 101

New Listings Closed Sales- 7.3%- 12.8%

20 2017

New Listings Closed Sales- 15.0%+ 25.0%

share of sales during that period. | Current as of July 8, 2013. All data from Northeast Florida Multiple Listing Service. | Powered by 10K Research and Marketing.

A RESEARCH TOOL PROVIDED BY THE NORTHEAST FLORIDA ASSOCIATION OF REALTORS®

2012 2013 + / – 2012 2013 + / –

New Listings 135 129 - 4.4% 771 856 + 11.0%

Closed Sales 121 106 - 12.4% 448 564 + 25.9%

Median Sales Price* $337,600 $353,800 + 4.8% $300,000 $315,000 + 5.0%

Percent of Original List Price Received* 92.1% 95.4% + 3.6% 92.1% 95.0% + 3.1%

Percent of Properties Sold Over List Price* 9.9% 14.2% + 43.4% 12.1% 15.8% + 30.6%

Days on Market Until Sale 118 79 - 33.1% 125 87 - 30.4%

Inventory of Homes for Sale 556 411 - 26.1% -- -- --

Months Supply of Inventory 7.7 4.2 - 45.5% -- -- --

Region 26 June Year to Date

Local Market Update – June 2013

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

Ponte Vedra Bch / S Ponte Vedra Beach / Vilano Bch / Palm Valley / Ponte

Vedra / Nocatee

- 4.4% - 12.4% + 4.8%Change in

New ListingsChange in

Closed SalesChange in

Median Sales Price

771856

564

Year to Date 2012 2013

135121129

106

June 2012 2013

** 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 proportioned according to their share of sales during that period | Current as of July 8 2013 All data from Northeast Florida Multiple Listing Service | Powered by 10K Research and Marketing

All MLS

Ponte Vedra Bch / S Ponte Vedra Beach / Vilano Bch / Palm Valley / Ponte Vedra / Nocatee

- 30%

- 25%

- 20%

- 15%

- 10%

- 5%

0%

+ 5%

+ 10%

+ 15%

+ 20%

1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011 1-2012 7-2012 1-2013

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

a

448564

New Listings Closed Sales+ 25.9%+ 11.0%

106

New Listings Closed Sales- 12.4%- 4.4%

share of sales during that period. | Current as of July 8, 2013. All data from Northeast Florida Multiple Listing Service. | Powered by 10K Research and Marketing.

A RESEARCH TOOL PROVIDED BY THE NORTHEAST FLORIDA ASSOCIATION OF REALTORS®

2012 2013 + / – 2012 2013 + / –

New Listings 213 232 + 8.9% 1,210 1,346 + 11.2%

Closed Sales 163 190 + 16.6% 734 970 + 32.2%

Median Sales Price* $233,999 $245,350 + 4.9% $219,216 $240,000 + 9.5%

Percent of Original List Price Received* 94.7% 94.8% + 0.1% 93.8% 95.9% + 2.2%

Percent of Properties Sold Over List Price* 16.0% 11.6% - 27.5% 15.7% 15.2% - 3.2%

Days on Market Until Sale 87 85 - 2.3% 106 98 - 7.5%

Inventory of Homes for Sale 831 547 - 34.2% -- -- --

Months Supply of Inventory 6.5 3.3 - 49.2% -- -- --

Region 30 June Year to Date

Local Market Update – June 2013

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

St. Johns County - NW

+ 8.9% + 16.6% + 4.9%Change in

New ListingsChange in

Closed SalesChange in

Median Sales Price

1,2101,346

Year to Date 2012 2013

213

163

232

190

June 2012 2013

** 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 proportioned according to their share of sales during that period | Current as of July 8 2013 All data from Northeast Florida Multiple Listing Service | Powered by 10K Research and Marketing

All MLS

St. Johns County - NW

- 20%

- 15%

- 10%

- 5%

0%

+ 5%

+ 10%

+ 15%

+ 20%

1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011 1-2012 7-2012 1-2013

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

a

734970

New Listings Closed Sales+ 32.2%+ 11.2%

163

New Listings Closed Sales+ 16.6%+ 8.9%

share of sales during that period. | Current as of July 8, 2013. All data from Northeast Florida Multiple Listing Service. | Powered by 10K Research and Marketing.

A RESEARCH TOOL PROVIDED BY THE NORTHEAST FLORIDA ASSOCIATION OF REALTORS®

2012 2013 + / – 2012 2013 + / –

New Listings 12 11 - 8.3% 117 114 - 2.6%

Closed Sales 9 14 + 55.6% 65 87 + 33.8%

Median Sales Price* $389,000 $351,450 - 9.7% $251,500 $285,000 + 13.3%

Percent of Original List Price Received* 86.5% 95.5% + 10.4% 87.8% 93.1% + 6.0%

Percent of Properties Sold Over List Price* 11.1% 14.3% + 28.8% 6.2% 13.8% + 122.6%

Days on Market Until Sale 128 78 - 39.1% 142 92 - 35.2%

Inventory of Homes for Sale 88 68 - 22.7% -- -- --

Months Supply of Inventory 7.2 5.2 - 27.8% -- -- --

Region 31 June Year to Date

Local Market Update – June 2013

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

St. Johns County - NE

- 8.3% + 55.6% - 9.7%Change in

New ListingsChange in

Closed SalesChange in

Median Sales Price

117 114

87

Year to Date 2012 2013

12 11

14

June 2012 2013

** 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 proportioned according to their share of sales during that period | Current as of July 8 2013 All data from Northeast Florida Multiple Listing Service | Powered by 10K Research and Marketing

All MLS

St. Johns County - NE

- 60%

- 40%

- 20%

0%

+ 20%

+ 40%

+ 60%

1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011 1-2012 7-2012 1-2013

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

a

6587

New Listings Closed Sales+ 33.8%- 2.6%

911

New Listings Closed Sales+ 55.6%- 8.3%

share of sales during that period. | Current as of July 8, 2013. All data from Northeast Florida Multiple Listing Service. | Powered by 10K Research and Marketing.

A RESEARCH TOOL PROVIDED BY THE NORTHEAST FLORIDA ASSOCIATION OF REALTORS®

2012 2013 + / – 2012 2013 + / –

New Listings 9 11 + 22.2% 83 72 - 13.3%

Closed Sales 9 7 - 22.2% 43 38 - 11.6%

Median Sales Price* $225,100 $260,000 + 15.5% $208,750 $218,000 + 4.4%

Percent of Original List Price Received* 87.1% 89.9% + 3.2% 86.3% 90.1% + 4.4%

Percent of Properties Sold Over List Price* 22.2% 0.0% - 100.0% 11.6% 7.9% - 31.9%

Days on Market Until Sale 103 83 - 19.4% 117 130 + 11.1%

Inventory of Homes for Sale 65 49 - 24.6% -- -- --

Months Supply of Inventory 8.8 7.7 - 12.5% -- -- --

Region 32 June Year to Date

Local Market Update – June 2013

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

St. John's County - St. Augustine Area - East of US 1

+ 22.2% - 22.2% + 15.5%Change in

New ListingsChange in

Closed SalesChange in

Median Sales Price

8372

Year to Date 2012 2013

9 9

11

June 2012 2013

** 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 proportioned according to their share of sales during that period | Current as of July 8 2013 All data from Northeast Florida Multiple Listing Service | Powered by 10K Research and Marketing

All MLS

St. John's County - St. Augustine Area - East of US 1

- 50%

- 40%

- 30%

- 20%

- 10%

0%

+ 10%

+ 20%

+ 30%

+ 40%

+ 50%

+ 60%

1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011 1-2012 7-2012 1-2013

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

a

43 38

New Listings Closed Sales- 11.6%- 13.3%

7

New Listings Closed Sales- 22.2%+ 22.2%

share of sales during that period. | Current as of July 8, 2013. All data from Northeast Florida Multiple Listing Service. | Powered by 10K Research and Marketing.

A RESEARCH TOOL PROVIDED BY THE NORTHEAST FLORIDA ASSOCIATION OF REALTORS®

2012 2013 + / – 2012 2013 + / –

New Listings 61 102 + 67.2% 474 506 + 6.8%

Closed Sales 50 53 + 6.0% 288 308 + 6.9%

Median Sales Price* $154,250 $155,500 + 0.8% $154,500 $168,148 + 8.8%

Percent of Original List Price Received* 92.1% 93.9% + 2.0% 89.4% 92.6% + 3.6%

Percent of Properties Sold Over List Price* 12.0% 18.9% + 57.5% 7.7% 10.4% + 35.1%

Days on Market Until Sale 117 115 - 1.7% 128 121 - 5.5%

Inventory of Homes for Sale 402 322 - 19.9% -- -- --

Months Supply of Inventory 8.7 6.0 - 31.0% -- -- --

Region 33 June Year to Date

Local Market Update – June 2013

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

St. Johns County - SE

+ 67.2% + 6.0% + 0.8%Change in

New ListingsChange in

Closed SalesChange in

Median Sales Price

474 506

Year to Date 2012 2013

102

June 2012 2013

** 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 proportioned according to their share of sales during that period | Current as of July 8 2013 All data from Northeast Florida Multiple Listing Service | Powered by 10K Research and Marketing

All MLS

St. Johns County - SE

- 30%

- 25%

- 20%

- 15%

- 10%

- 5%

0%

+ 5%

+ 10%

+ 15%

+ 20%

+ 25%

1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011 1-2012 7-2012 1-2013

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

a

288 308

New Listings Closed Sales+ 6.9%+ 6.8%

6150 53

New Listings Closed Sales+ 6.0%+ 67.2%

share of sales during that period. | Current as of July 8, 2013. All data from Northeast Florida Multiple Listing Service. | Powered by 10K Research and Marketing.

A RESEARCH TOOL PROVIDED BY THE NORTHEAST FLORIDA ASSOCIATION OF REALTORS®

2012 2013 + / – 2012 2013 + / –

New Listings 9 17 + 88.9% 77 88 + 14.3%

Closed Sales 9 4 - 55.6% 46 60 + 30.4%

Median Sales Price* $91,000 $113,500 + 24.7% $71,525 $123,800 + 73.1%

Percent of Original List Price Received* 90.9% 84.5% - 7.0% 87.1% 88.0% + 1.0%

Percent of Properties Sold Over List Price* 11.1% 0.0% - 100.0% 8.7% 5.0% - 42.5%

Days on Market Until Sale 55 93 + 69.1% 86 98 + 14.0%

Inventory of Homes for Sale 80 61 - 23.8% -- -- --

Months Supply of Inventory 10.5 6.4 - 39.0% -- -- --

Region 34 June Year to Date

Local Market Update – June 2013

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

St. Johns County - SW

+ 88.9% - 55.6% + 24.7%Change in

New ListingsChange in

Closed SalesChange in

Median Sales Price

7788

Year to Date 2012 2013

17

June 2012 2013

** 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 proportioned according to their share of sales during that period | Current as of July 8 2013 All data from Northeast Florida Multiple Listing Service | Powered by 10K Research and Marketing

All MLS

St. Johns County - SW

- 60%

- 40%

- 20%

0%

+ 20%

+ 40%

+ 60%

+ 80%

1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011 1-2012 7-2012 1-2013

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

a

4660

New Listings Closed Sales+ 30.4%+ 14.3%

9 9

4

New Listings Closed Sales- 55.6%+ 88.9%

share of sales during that period. | Current as of July 8, 2013. All data from Northeast Florida Multiple Listing Service. | Powered by 10K Research and Marketing.

A RESEARCH TOOL PROVIDED BY THE NORTHEAST FLORIDA ASSOCIATION OF REALTORS®

2012 2013 + / – 2012 2013 + / –

New Listings 64 89 + 39.1% 396 432 + 9.1%

Closed Sales 34 51 + 50.0% 209 279 + 33.5%

Median Sales Price* $177,450 $177,000 - 0.3% $147,000 $157,500 + 7.1%

Percent of Original List Price Received* 90.3% 93.2% + 3.2% 90.5% 91.6% + 1.2%

Percent of Properties Sold Over List Price* 11.8% 11.8% 0.0% 15.3% 9.7% - 36.6%

Days on Market Until Sale 119 108 - 9.2% 108 137 + 26.9%

Inventory of Homes for Sale 383 310 - 19.1% -- -- --

Months Supply of Inventory 11.1 6.6 - 40.5% -- -- --

Region 40 June Year to Date

Local Market Update – June 2013

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

Nassau County+ 39.1% + 50.0% - 0.3%

Change in New Listings

Change inClosed Sales

Change in Median Sales Price

396432

Year to Date 2012 2013

64

89

June 2012 2013

** 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 proportioned according to their share of sales during that period | Current as of July 8 2013 All data from Northeast Florida Multiple Listing Service | Powered by 10K Research and Marketing

All MLS

Nassau County

- 25%

- 20%

- 15%

- 10%

- 5%

0%

+ 5%

+ 10%

+ 15%

+ 20%

+ 25%

1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011 1-2012 7-2012 1-2013

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

a

209279

New Listings Closed Sales+ 33.5%+ 9.1%

64

34

51

New Listings Closed Sales+ 50.0%+ 39.1%

share of sales during that period. | Current as of July 8, 2013. All data from Northeast Florida Multiple Listing Service. | Powered by 10K Research and Marketing.

A RESEARCH TOOL PROVIDED BY THE NORTHEAST FLORIDA ASSOCIATION OF REALTORS®

2012 2013 + / – 2012 2013 + / –

New Listings 21 18 - 14.3% 123 150 + 22.0%

Closed Sales 11 15 + 36.4% 59 74 + 25.4%

Median Sales Price* $128,000 $135,000 + 5.5% $125,000 $113,500 - 9.2%

Percent of Original List Price Received* 92.8% 89.4% - 3.7% 88.1% 87.2% - 1.0%

Percent of Properties Sold Over List Price* 18.2% 20.0% + 9.9% 20.3% 10.8% - 46.8%

Days on Market Until Sale 73 91 + 24.7% 121 85 - 29.8%

Inventory of Homes for Sale 114 103 - 9.6% -- -- --

Months Supply of Inventory 11.1 8.8 - 20.7% -- -- --

Region 50 June Year to Date

Local Market Update – June 2013

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

Baker County- 14.3% + 36.4% + 5.5%

Change in New Listings

Change inClosed Sales

Change in Median Sales Price

123

150

Year to Date 2012 2013

2118

June 2012 2013

** 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 proportioned according to their share of sales during that period | Current as of July 8 2013 All data from Northeast Florida Multiple Listing Service | Powered by 10K Research and Marketing

All MLS

Baker County

- 40%

- 30%

- 20%

- 10%

0%

+ 10%

+ 20%

+ 30%

+ 40%

1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011 1-2012 7-2012 1-2013

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

a

5974

New Listings Closed Sales+ 25.4%+ 22.0%

1115

New Listings Closed Sales+ 36.4%- 14.3%

share of sales during that period. | Current as of July 8, 2013. All data from Northeast Florida Multiple Listing Service. | Powered by 10K Research and Marketing.

A RESEARCH TOOL PROVIDED BY THE NORTHEAST FLORIDA ASSOCIATION OF REALTORS®

2012 2013 + / – 2012 2013 + / –

New Listings 39 41 + 5.1% 272 245 - 9.9%

Closed Sales 23 17 - 26.1% 114 110 - 3.5%

Median Sales Price* $57,500 $56,300 - 2.1% $59,000 $68,660 + 16.4%

Percent of Original List Price Received* 81.4% 80.8% - 0.7% 83.6% 81.2% - 2.9%

Percent of Properties Sold Over List Price* 18.2% 5.9% - 67.6% 12.5% 5.5% - 56.0%

Days on Market Until Sale 126 228 + 81.0% 127 158 + 24.4%

Inventory of Homes for Sale 336 291 - 13.4% -- -- --

Months Supply of Inventory 18.8 15.1 - 19.7% -- -- --

Region 56 June Year to Date

Local Market Update – June 2013

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

Putnam County NE+ 5.1% - 26.1% - 2.1%

Change in New Listings

Change inClosed Sales

Change in Median Sales Price

272245

Year to Date 2012 2013

39 41

June 2012 2013

** 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 proportioned according to their share of sales during that period | Current as of July 8 2013 All data from Northeast Florida Multiple Listing Service | Powered by 10K Research and Marketing

All MLS

Putnam County NE

- 40%

- 30%

- 20%

- 10%

0%

+ 10%

+ 20%

+ 30%

+ 40%

+ 50%

+ 60%

1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011 1-2012 7-2012 1-2013

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

a

114 110

New Listings Closed Sales- 3.5%- 9.9%

2317

New Listings Closed Sales- 26.1%+ 5.1%

share of sales during that period. | Current as of July 8, 2013. All data from Northeast Florida Multiple Listing Service. | Powered by 10K Research and Marketing.

A RESEARCH TOOL PROVIDED BY THE NORTHEAST FLORIDA ASSOCIATION OF REALTORS®

2012 2013 + / – 2012 2013 + / –

New Listings 19 31 + 63.2% 149 196 + 31.5%

Closed Sales 11 16 + 45.5% 63 88 + 39.7%

Median Sales Price* $49,000 $50,650 + 3.4% $47,250 $32,000 - 32.3%

Percent of Original List Price Received* 81.9% 84.1% + 2.7% 78.1% 79.4% + 1.7%

Percent of Properties Sold Over List Price* 18.2% 6.3% - 65.4% 12.9% 3.4% - 73.6%

Days on Market Until Sale 194 111 - 42.8% 153 120 - 21.6%

Inventory of Homes for Sale 185 211 + 14.1% -- -- --

Months Supply of Inventory 17.1 17.5 + 2.3% -- -- --

Region 57 June Year to Date

Local Market Update – June 2013

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

Putnam County - West

+ 63.2% + 45.5% + 3.4%Change in

New ListingsChange in

Closed SalesChange in

Median Sales Price

196

Year to Date 2012 2013

31

June 2012 2013

** 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 proportioned according to their share of sales during that period | Current as of July 8 2013 All data from Northeast Florida Multiple Listing Service | Powered by 10K Research and Marketing

All MLS

Putnam County - West

- 50%

- 40%

- 30%

- 20%

- 10%

0%

+ 10%

+ 20%

+ 30%

+ 40%

+ 50%

1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011 1-2012 7-2012 1-2013

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

a

149

6388

New Listings Closed Sales+ 39.7%+ 31.5%

19

1116

New Listings Closed Sales+ 45.5%+ 63.2%

share of sales during that period. | Current as of July 8, 2013. All data from Northeast Florida Multiple Listing Service. | Powered by 10K Research and Marketing.

A RESEARCH TOOL PROVIDED BY THE NORTHEAST FLORIDA ASSOCIATION OF REALTORS®

2012 2013 + / – 2012 2013 + / –

New Listings 34 25 - 26.5% 190 168 - 11.6%

Closed Sales 8 19 + 137.5% 75 104 + 38.7%

Median Sales Price* $51,900 $90,000 + 73.4% $52,500 $59,900 + 14.1%

Percent of Original List Price Received* 77.1% 81.6% + 5.8% 78.5% 81.8% + 4.2%

Percent of Properties Sold Over List Price* 0.0% 5.3% -- 1.3% 3.8% + 192.3%

Days on Market Until Sale 268 165 - 38.4% 210 175 - 16.7%

Inventory of Homes for Sale 281 193 - 31.3% -- -- --

Months Supply of Inventory 24.3 12.2 - 49.8% -- -- --

Region 58 June Year to Date

Local Market Update – June 2013

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

Putnam County - South

- 26.5% + 137.5% + 73.4%Change in

New ListingsChange in

Closed SalesChange in

Median Sales Price

190168

Year to Date 2012 2013

34

25

June 2012 2013

** 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 proportioned according to their share of sales during that period | Current as of July 8 2013 All data from Northeast Florida Multiple Listing Service | Powered by 10K Research and Marketing

All MLS

Putnam County - South

- 40%

- 20%

0%

+ 20%

+ 40%

+ 60%

+ 80%

1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011 1-2012 7-2012 1-2013

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

a

75104

New Listings Closed Sales+ 38.7%- 11.6%

8

2519

New Listings Closed Sales+ 137.5%- 26.5%

share of sales during that period. | Current as of July 8, 2013. All data from Northeast Florida Multiple Listing Service. | Powered by 10K Research and Marketing.