MARKET UPDATEIntero Real Estate Services

· Current Real Estate Market Conditions for Single Family Homes· Trends in Pricing· Current Levels of Supply and Demand· Value Metrics

· Report for the week ofMay 19, 2014

· Presented by Intero Real Estate ServicesIntero Real Estate Serviceswww.Facebook.com/InteroEastBay510.651.6500

HAYWARD, CA

Powered by Altos Research LLC | www.altosresearch.com | Copyright ©2005-2013 Altos Research LLC

Median List Price

Median Lot Size

62.9

Percent Relisted (reset DOM)

1402

2.0

6 %

Median Number of Bathrooms

48

Inventory of Properties Listed

$ 314

Percent Flip (price increased)

4,501 - 6,500 sqft

Median House Size (sq ft)

$ 464,950

20 %

3.0

Market Action Index

Median Number of Bedrooms

Asking Price Per Square Foot

8 %

Percent of Properties with Price Decrease

Strong Seller's

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±+

±+

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≠

Altos Research Value Statistics

Most Expensive Listing

Average Days on Market (DoM)

Bottom/Fourth

Lower/Third

Upper/Second

Top/First

This Week Real-Time Market Profile Trend

The Market Action Index answers the question "How's the Market?" by measuringthe current rate of sale versus the amount of the inventory. Index above 30implies a seller's advantage. Below 30, conditions give the advantage to thebuyer.

Supply and Demand

Characteristics per Quartile

20 42714

282.0 60

2.0

9

47

3.0 34

55

11

11

6,501 -8,000 sqft

63

$ 422,000

8

3

34

3.0

4,501 -6,500 sqft

92.0

1078 4,501 -6,500 sqft

34

$ 288,000

3.0

62

4,501 -6,500 sqft$ 507,250

4.0$ 755,000

58

7

1580

Inventory and days-on-market areboth trending higher recently.However, the improving MarketAction Index implies some increaseddemand will temper the negativetrends.

Monday May 19, 2014

Intero Real Estate Services | EastBay

34

1153

1.0

The median list price in HAYWARD,CA this week is $464,950. The 136properties have been on the marketfor an average of 48 days.

Most expensive 25% of properties

Upper-middle 25% of properties

Lower-middle 25% of properties

Least expensive 25% of properties

Quartile Median Price Lot Size Beds Baths Age Inventory New Absorbed DOMSq. Ft.

No change

Strong upward trend Strong downward trend

Slight upward trend Slight downward trend±+

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HAYWARD, CACity Overview

Least Expensive Listing

Average List Price

Average Age of Listing

136

$ 2,450,000

$ 59,900

$ 511,689

50

Trend Key:

The market has started cooling andprices have recently plateaued.Since we're in the Seller's zone,watch for changes in MAI. If the MAIresumes it's climb, prices will likelyfollow suit. If the MAI dropsconsistently or falls into the Buyer'szone, watch for downward pressureon prices.

Page 2 of 6

Single Family Homes in

Intero Real Estate Services | EastBay

City OverviewHAYWARD, CA

Monday May 19, 2014

Median PriceThe market appears to be hovering around this plateau. Look for a persistent change in the Market Action Index before we seeprices deviate from these levels.

90-day Average7-day Average

Quartile PricesPrices have settled at a price plateau across the board. Prices in all four quartiles are basically mixed. Look for a persistent shift(up or down) in the Market Action Index before prices move from these current levels.

First/Top Second/Upper Third/Lower Fourth/Bottom

Page 3 of 6

Single Family Homes in

Intero Real Estate Services | EastBay

City OverviewHAYWARD, CA

Monday May 19, 2014

Price per Square FootThe market plateau is seen across the price and value. The price per square foot and median list price have both beenreasonably stagnant. Watch the Market Action Index for persistent changes as a leading indicator before the market moves fromthese levels.

90-day Average7-day Average

Inventory of Properties Listed for SaleInventory has been climbing lately. Note that rising inventory alone does not signal a weakening market. Look to the MarketAction Index and Days on Market trends to gauge whether buyer interest is keeping up with available supply.

90-day Average7-day Average

Page 4 of 6

Single Family Homes in

Intero Real Estate Services | EastBay

City OverviewHAYWARD, CA

Monday May 19, 2014

Market Action IndexThe HAYWARD market is currently quite strongly in the Seller's Advantage zone (greater than 30). The 90-day Market ActionIndex stands at 62.94; indicating very little supply relative to the demand.

Buyers/Sellers Cutoff90-day Average

Market Action Index per QuartileNot surprisingly, all segments in the market are showing high levels of demand. Watch the quartiles for changes before thewhole market changes. Often one end of the market (e.g. the high-end) will weaken before the rest of the market and signal aslowdown for the whole group.

First/Top Second/Upper Third/Lower Fourth/Bottom

Buyers/Sellers Cutoff

Residential house prices are a function of supply and demand, and market conditions can be characterizedby analyzing those factors. Watch this index for sustained changes: if the index falls into the Buyer’sAdvantage zone (below 30) for a long period, prices are likely in for a downward correction.

Page 5 of 6

Single Family Homes in

Intero Real Estate Services | EastBay

City OverviewHAYWARD, CA

Monday May 19, 2014

Days on MarketThe properties have been on the market for an average of 48 days. Half of the listings have come newly on the market in thepast 28 or so days.

90-day Average7-day Average

Days on Market per QuartileIt is not uncommon for the higher priced homes in an area to take longer to sell than those in the lower quartiles.

First/Top Second/Upper Third/Lower Fourth/Bottom

Page 6 of 6

Single Family Homes in