Mar-10590,000

Mar-09545,000

%+8%

Change45,000

Mar-09 vs. Mar-10: The median sold price is up 8%Median Sold Price by Month Windermere Real Estate

92130, 92008, 92009, 92054, 92024, 92007, 92014, 92067, 92075, 92010, 92011Property Types:

Bedrooms: Bathrooms:SANDICOR 1 year (monthly) AllConstruction Type: All All

Statistics are based on closed MLS transactions. Each closing generates one transaction side only.

Time Period:

ZIP Codes:Single Family Residential: (Detached, Attached, Townhome, Twinhome, Rowhouse)

MLS: AllPrice:

Mar-09 vs. Mar-10

Loren Sanders

+8%

Clarus MarketMetrics® 1 of 2 04/05/2010Information not guaranteed. © 2009-2010 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

1 of 21

Median Sold Price by MonthMar-09 vs. Mar-10: The median sold price is up 8%

Windermere Real EstateLoren Sanders

Time Period Median Price # Units Average DOMMar-10 590,000 311 71Feb-10 620,000 219 75Jan-10 690,000 196 79Dec-09 580,000 354 79Nov-09 595,000 295 72Oct-09 589,000 318 77Sep-09 621,500 362 75Aug-09 617,500 320 72Jul-09 570,000 356 67Jun-09 592,050 310 69May-09 554,500 290 74Apr-09 552,550 274 70Mar-09 545,000 193 71

Clarus MarketMetrics® 2 of 2 04/05/2010Information not guaranteed. © 2009-2010 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

2 of 21

Mar-09 vs. Mar-10: The median price of for sale properties is down 6% and the median price of sold properties is up 8%

SANDICOR Time Period: 1 year (monthly) All Bathrooms:Single Family Residential: (Detached, Attached, Townhome, Twinhome, Rowhouse)

Price: Construction Type: AllMLS:

92130, 92008, 92009, 92054, 92024, 92007, 92014, 92067, 92075, 92010, 92011Property Types:

Bedrooms:All

ZIP Codes:

All

Windermere Real Estate

Mar-09 vs. Mar-10

859,000 -6%

Loren Sanders

807,000Mar-10

Median For Sale vs. Median Sold

ChangeMar-09 %-52,000

Mar-09 Mar-10 %545,000 +8%

Mar-09 vs. Mar-10

590,000Change45,000

-6% +8%

Clarus MarketMetrics® 1 of 2 04/05/2010Information not guaranteed. © 2009-2010 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

3 of 21

Median For Sale vs. Median SoldMar-09 vs. Mar-10: The median price of for sale properties is down 6% and the median price of sold properties is up 8%

Windermere Real EstateLoren Sanders

Time Period Average DOMFor Sale Average DOM# Sold Units# Units For Sale Sold

Mar-10 100 712,615 311Feb-10 126 752,443 219Jan-10 145 792,400 196Dec-09 165 792,346 354Nov-09 167 722,556 295Oct-09 171 772,744 318Sep-09 174 752,888 362Aug-09 175 722,983 320Jul-09 175 673,057 356Jun-09 176 693,074 310May-09 178 743,055 290Apr-09 178 703,059 274Mar-09 180 712,975 193

Clarus MarketMetrics®Information not guaranteed. © 2009-2010 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

2 of 2 04/05/2010

4 of 21

Mar-10311

Mar-09193

%+61%

Change118

Mar-09 vs. Mar-10: The number of sold properties is up 61%The Number of Sold Properties by Month Windermere Real Estate

92130, 92008, 92009, 92054, 92024, 92007, 92014, 92067, 92075, 92010, 92011Property Types:

Bedrooms: Bathrooms:SANDICOR 1 year (monthly) AllConstruction Type: All AllTime Period:

ZIP Codes:Single Family Residential: (Detached, Attached, Townhome, Twinhome, Rowhouse)

MLS: AllPrice:

Mar-09 vs. Mar-10

Loren Sanders

+61%

Clarus MarketMetrics® 1 of 2 04/05/2010Information not guaranteed. © 2009-2010 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

5 of 21

The Number of Sold Properties by MonthMar-09 vs. Mar-10: The number of sold properties is up 61%

Windermere Real EstateLoren Sanders

Time Period Median Price# Units Average DOMMar-10 590,000311 71Feb-10 620,000219 75Jan-10 690,000196 79Dec-09 580,000354 79Nov-09 595,000295 72Oct-09 589,000318 77Sep-09 621,500362 75Aug-09 617,500320 72Jul-09 570,000356 67Jun-09 592,050310 69May-09 554,500290 74Apr-09 552,550274 70Mar-09 545,000193 71

Clarus MarketMetrics® 2 of 2 04/05/2010Information not guaranteed. © 2009-2010 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

6 of 21

Mar-10414

Mar-09275

%+51%

Change139

Mar-09 vs. Mar-10: The number of under contract properties is up 51%The Number of Under Contract Properties by Month Windermere Real Estate

92130, 92008, 92009, 92054, 92024, 92007, 92014, 92067, 92075, 92010, 92011Property Types:

Bedrooms: Bathrooms:SANDICOR 1 year (monthly) AllConstruction Type: All AllTime Period:

ZIP Codes:Single Family Residential: (Detached, Attached, Townhome, Twinhome, Rowhouse)

MLS: AllPrice:

Mar-09 vs. Mar-10

Loren Sanders

+51%

Clarus MarketMetrics® 1 of 2 04/05/2010Information not guaranteed. © 2009-2010 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

7 of 21

The Number of Under Contract Properties by MonthMar-09 vs. Mar-10: The number of under contract properties is up 51%

Windermere Real EstateLoren Sanders

Time Period Median Price# Units Average DOMMar-10 625,000414 59Feb-10 631,950298 73Jan-10 649,000284 67Dec-09 599,000220 79Nov-09 600,450280 78Oct-09 649,000321 78Sep-09 620,000361 78Aug-09 674,900321 76Jul-09 599,950336 69Jun-09 600,000335 72May-09 624,900321 74Apr-09 589,900329 73Mar-09 550,000275 63

Clarus MarketMetrics® 2 of 2 04/05/2010Information not guaranteed. © 2009-2010 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

8 of 21

Mar-10717

Mar-09672

%+7%

Change45

Mar-09 vs. Mar-10: The number of new properties is up 7%The Number of New Properties Listed by Month Windermere Real Estate

92130, 92008, 92009, 92054, 92024, 92007, 92014, 92067, 92075, 92010, 92011Property Types:

Bedrooms: Bathrooms:SANDICOR 1 year (monthly) AllConstruction Type: All AllTime Period:

ZIP Codes:Single Family Residential: (Detached, Attached, Townhome, Twinhome, Rowhouse)

MLS: AllPrice:

Mar-09 vs. Mar-10

Loren Sanders

+7%

Clarus MarketMetrics® 1 of 2 04/05/2010Information not guaranteed. © 2009-2010 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

9 of 21

The Number of New Properties Listed by MonthMar-09 vs. Mar-10: The number of new properties is up 7%

Windermere Real EstateLoren Sanders

Time Period Median Price# UnitsMar-10 737,000717Feb-10 743,500656Jan-10 685,000645Dec-09 604,950356Nov-09 699,000427Oct-09 728,000553Sep-09 745,000519Aug-09 747,000566Jul-09 729,000623Jun-09 794,900643May-09 799,000607Apr-09 829,900641Mar-09 789,000672

Clarus MarketMetrics® 2 of 2 04/05/2010Information not guaranteed. © 2009-2010 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

10 of 21

Mar-102,615

Mar-092,975

%-12%

Change-360

Mar-09 vs. Mar-10: The number of for sale properties is down 12%The Number of For Sale Properties By Month Windermere Real Estate

92130, 92008, 92009, 92054, 92024, 92007, 92014, 92067, 92075, 92010, 92011Property Types:

Bedrooms: Bathrooms:SANDICOR 1 year (monthly) AllConstruction Type: All All

Statistics are based on closed MLS transactions. Each closing generates one transaction side only.

Time Period:

ZIP Codes:Single Family Residential: (Detached, Attached, Townhome, Twinhome, Rowhouse)

MLS: AllPrice:

Mar-09 vs. Mar-10

Loren Sanders

-12%

Clarus MarketMetrics® 1 of 2 04/05/2010Information not guaranteed. © 2009-2010 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

11 of 21

The Number of For Sale Properties By MonthMar-09 vs. Mar-10: The number of for sale properties is down 12%

Windermere Real EstateLoren Sanders

Time Period Median Price# Units Average DOMMar-10 807,0002,615 100Feb-10 800,0002,443 126Jan-10 825,0002,400 145Dec-09 875,0002,346 165Nov-09 895,0002,556 167Oct-09 899,0002,744 171Sep-09 899,0002,888 174Aug-09 899,0002,983 175Jul-09 899,0003,057 175Jun-09 895,0003,074 176May-09 895,0003,055 178Apr-09 879,0003,059 178Mar-09 859,0002,975 180

Clarus MarketMetrics® 2 of 2 04/05/2010Information not guaranteed. © 2009-2010 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

12 of 21

Mar-10299

Mar-09282

%+6%

Change17

Mar-09 vs. Mar-10: The number of expired properties is up 6%The Number of Expired Properties by Month Windermere Real Estate

92130, 92008, 92009, 92054, 92024, 92007, 92014, 92067, 92075, 92010, 92011Property Types:

Bedrooms: Bathrooms:SANDICOR 1 year (monthly) AllConstruction Type: All AllTime Period:

ZIP Codes:Single Family Residential: (Detached, Attached, Townhome, Twinhome, Rowhouse)

MLS: AllPrice:

Mar-09 vs. Mar-10

Loren Sanders

+6%

Clarus MarketMetrics® 1 of 2 04/05/2010Information not guaranteed. © 2009-2010 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

13 of 21

The Number of Expired Properties by MonthMar-09 vs. Mar-10: The number of expired properties is up 6%

Windermere Real EstateLoren Sanders

Time Period Median Price# Units Average DOMMar-10 849,000299 134Feb-10 849,000247 146Jan-10 910,000329 146Dec-09 985,000371 149Nov-09 997,000286 138Oct-09 1,099,500294 170Sep-09 1,099,000336 149Aug-09 879,000293 135Jul-09 997,000304 135Jun-09 955,000305 130May-09 979,000303 131Apr-09 949,000282 131Mar-09 895,000282 140

Clarus MarketMetrics® 2 of 2 04/05/2010Information not guaranteed. © 2009-2010 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

14 of 21

Mar-09 vs. Mar-10: The number of for sale properties is down 12% and the number of sold properties is up 61%

SANDICOR Time Period: 1 year (monthly) All Bathrooms:Single Family Residential: (Detached, Attached, Townhome, Twinhome, Rowhouse)

Price: Construction Type: AllMLS:

92130, 92008, 92009, 92054, 92024, 92007, 92014, 92067, 92075, 92010, 92011Property Types:

Bedrooms:All

ZIP Codes:

All

Windermere Real Estate

Mar-09 vs. Mar-10

2,975 -12%

Loren Sanders

2,615Mar-10

Supply & Demand by Month

ChangeMar-09 %-360

Mar-09 Mar-10 %193 +61%

Mar-09 vs. Mar-10

311Change

118-12% +61%

Clarus MarketMetrics® 1 of 2 04/05/2010Information not guaranteed. © 2009-2010 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

15 of 21

Supply & Demand by MonthMar-09 vs. Mar-10: The number of for sale properties is down 12% and the number of sold properties is up 61%

Loren Sanders Windermere Real Estate

Time Period Average DOMFor Sale Average DOM# Sold Units# Units For Sale Sold

Mar-10 100 712,615 311Feb-10 126 752,443 219Jan-10 145 792,400 196Dec-09 165 792,346 354Nov-09 167 722,556 295Oct-09 171 772,744 318Sep-09 174 752,888 362Aug-09 175 722,983 320Jul-09 175 673,057 356Jun-09 176 693,074 310May-09 178 743,055 290Apr-09 178 703,059 274Mar-09 180 712,975 193

Clarus MarketMetrics® 2 of 2 04/05/2010Information not guaranteed. © 2009-2010 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

16 of 21

Mar-1059

Mar-0963

%-6%

Change-4

Mar-09 vs. Mar-10: The average days on market is down 6%The Average Days on Market by Month Windermere Real Estate

92130, 92008, 92009, 92054, 92024, 92007, 92014, 92067, 92075, 92010, 92011Property Types:

Bedrooms: Bathrooms:SANDICOR 1 year (monthly) AllConstruction Type: All All

Statistics are based on closed MLS transactions. Each closing generates one transaction side only.

Time Period:

ZIP Codes:Single Family Residential: (Detached, Attached, Townhome, Twinhome, Rowhouse)

MLS: AllPrice:

Mar-09 vs. Mar-10

Loren Sanders

-6%

Clarus MarketMetrics® 1 of 2 04/05/2010Information not guaranteed. © 2009-2010 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

17 of 21

The Average Days on Market by MonthMar-09 vs. Mar-10: The average days on market is down 6%

Windermere Real EstateLoren Sanders

Time Period # UC UnitsAverage DOMMar-10 41459Feb-10 29873Jan-10 28467Dec-09 22079Nov-09 28078Oct-09 32178Sep-09 36178Aug-09 32176Jul-09 33669Jun-09 33572May-09 32174Apr-09 32973Mar-09 27563

Clarus MarketMetrics® 2 of 2 04/05/2010Information not guaranteed. © 2009-2010 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

18 of 21

Mar-09 vs. Mar-10: The average months supply of inventory is down 48%

SANDICOR Time Period: 1 year (monthly) All Bathrooms:Single Family Residential: (Detached, Attached, Townhome, Twinhome, Rowhouse)

Price: Construction Type: AllMLS:

92130, 92008, 92009, 92054, 92024, 92007, 92014, 92067, 92075, 92010, 92011Property Types:

Bedrooms:All

ZIP Codes:

All

Statistics are based on closed MLS transactions. Each closing generates one transaction side only.

Windermere Real Estate

Mar-09 vs. Mar-10

8.8 -48%

Loren Sanders

4.6Mar-10

Months Supply of Inventory

ChangeMar-09 %-4.2

-48%

Clarus MarketMetrics® 1 of 2 04/05/2010Information not guaranteed. © 2009-2010 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

19 of 21

Months Supply of InventoryMar-09 vs. Mar-10: The average months supply of inventory is down 48%

Loren Sanders Windermere Real Estate

Time Period During MonthLast Day of Month DOMMSI# Units For Sale # UC Units UC Average

Mar-10 414 591,902 5Feb-10 298 731,898 6Jan-10 284 671,787 6Dec-09 220 791,755 8Nov-09 280 781,990 7Oct-09 321 782,129 7Sep-09 361 782,191 6Aug-09 321 762,369 7Jul-09 336 692,417 7Jun-09 335 722,434 7May-09 321 742,431 8Apr-09 329 732,448 7Mar-09 275 632,418 9

Clarus MarketMetrics® 2 of 2 04/05/2010Information not guaranteed. © 2009-2010 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

20 of 21

04/05/2010Clarus MarketMetrics®Information not guaranteed. © 2009-2010 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

Loren SandersWindermere Real Estate

Market Dynamics

21 of 21