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Evaluation Date 8/12/2010   Prior 7-12 Months  Prior 4-6 Months Current - 3 Months
3 Months Ago 5/13/2010 Comp Sales 5 0 0
6 Months ago 2/10/2010 Absorption Rate (sales/month) 0.8 0.0 0.0
12 Months ago 8/12/2009 Total Active Comps 5 2 0
Months of Housing Supply 6.0    
Tax Folio ID  
494319AA Sold Comp Median Sales Price $250,000    
Sold Comp Median DOM 39    
# Bedrms All Comps Median List price $269,000 $307,000  
2 All Comps Median DOM 39 128.5  
Sold Comp Median SP/LP% 92.08%    
This report shows market trends for the property : OCEAN SUMMIT      
             
located in the tax assessors grid boundary defined as 494319AA of the Broward County Florida tax rolls.
             
             
The reporting period is for the time frames of:        
6 month period of Prior 7-12 month period = 8/12/2009 to 2/10/2010    
3 month period of Prior 4-6  month period = 2/10/2010 to 5/13/2010      
3 month period of Current 3  month period = 5/13/2010 to 8/12/2010    
             
The Reported Trend shows comparison of Prior 7-12 Months ago to Current 3 months:  
Comp sales have DECREASED from    5.00  to  0.00
             
Absorption rate has DECREASED from    0.83  to  0.00
             
Total Active Comps has DECREASED from    5.00  to  0.00
             
Months of Housing Supply has INCREASED from    6.00  to   
             
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Sold Comp MEDIAN SALES PRICE has INCREASED from  $250,000  to   
             
Sold Comp MEDIAN DOM has INCREASED from    39.00  to   
             
ALL Comps MEDIAN LIST PRICE has INCREASED from  $269,000  to   
             
ALL Comps MEDIAN DOM has INCREASED from    39.00  to   
             
Sold Comp MEDIAN SP/LP% has INCREASED from    92.08%  to   
             
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COMP SALES are the number of sales for the Prior 7-12 months period from 12 months to 6 months  
from the evaluation date. Followed by the Prior 4-6 months period of 6 months to 3 months from  
the evaluation date and finally within the most current 3 months.      
ABSORPTION RATE is the number of comp sales divided by the number of months reported:  
6, 3 and 3 respectively.          
TOTAL ACTIVE COMPS are the number of PENDING DATES falling in the time frames of:  
Prior 7-12 months (6 month period) within the last year of the Evaluation Date then    
Prior 4-6 months (3 month period) of the Evaluation Date then       
Current 3 months from the Evaluation Date.        
MONTHS OF HOUSING SUPPLY is the Total Active Comps divided by the Absorbtion Rate.  
SOLD COMP MEDIAN SALES PRICE is the middle price found in a column when all data for a  
specified time frame is selected in the SALES PRICE column shown for that time period.  
The same process is used to find ALL Comp Median of DOM, List Price, and DOM    
using the Pending Date Column within the specified time frame and SP/LP% for Sold Comps.  
             
8/12/2010 Update on Current Sales for '=====================================================   
OCEAN SUMMIT 2 Bedroom          
494319AA Area             
The NO ACTIVITY Trend of Sales has gone from:         
6 month period of Prior 7-12 month period =  5        
3 month period of Prior 4-6  month period =  0        
3 month period of Current 3  month period =  0        
The Trend of Monthly Housing Supply has gone from:      
6 month period of Prior 7-12 month period =  6        
3 month period of Prior 4-6  month period =          
3 month period of Current 3  month period =          
0.00%  Change ( / ) in Housing Supply        
THE LAST 90 DAYS ACTIVITY within the local MLS:         
Since 5/13/2010 there have been > 0 < Sold        
Sale Price to List Price Percentage Summary:        
0.00%  sold at or more than list price        
0.00%  sold in the 90-100% of list price,        
0.00%  sold in the 80-90% of list price,        
0.00%  sold in the 70-80% of list price,        
0.00%  sold below 70% of the list price.        
             
As for Days on Market (DOM)          
0  sold in less than 10 days          
0  sold in 11-30 days          
0  sold in 31-60 days          
0  sold in 61-90 days          
0  sold in 91-180 days          
0  sold in more than 6 months but less than 9 months      
0  sold in more than 9 months but less than 1 year        
0  sold in more than 1 years but less than 2 years        
0  sold in more than 2 years on the market.        
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SP/LP% List Price Sale Price Status Change Date List Date Pending Date Closing Date Days on Market
100% + 76.81% 345,000 265,000 2/10/2010 6/15/2009 1/19/2010 2/9/2010 218
90 - 100% 92.94% 269,000 250,000 2/10/2010 11/16/2009 12/25/2009 2/5/2010 39
70 - 90% 90.42% 259,900 235,000 12/29/2009 10/3/2009 10/9/2009 12/28/2009 6
92.08% 259,000 238,500 11/30/2009 10/14/2009 11/5/2009 11/30/2009 22
94.44% 270,000 255,000 10/1/2009 3/20/2008 8/19/2009 10/1/2009 517