| Residential Contracts Reported | |||||||||||||||
| 5/6/2009 | 6/6/2009 | 7/6/2009 | 8/6/2009 | 9/6/2009 | 10/6/2009 | 11/6/2009 | 12/9/2009 | 1/6/2010 | 2/6/2010 | 3/6/2010 | 4/6/2010 | 5/6/2010 | 6/6/2010 | 7/6/2010 | 12 Mon. Avg. |
| 2,350 | 2,167 | 2,341 | 2,434 | 2,199 | 2,400 | 1,645 | 1,466 | 1,833 | 1,954 | 2,498 | 2,988 | 2,059 | 1,880 | 1,802 | 2,097 |
| Residential contracts reported from July 6, 2010 through Aug. 5, 2010 increased 23% over the same period a year ago. | |||||||||||||||
| Residential Closings Reported | |||||||||||||||
| 5/6/2009 | 6/6/2009 | 7/6/2009 | 8/6/2009 | 9/6/2009 | 10/6/2009 | 11/6/2009 | 12/9/2009 | 1/6/2010 | 2/6/2010 | 3/6/2010 | 4/6/2010 | 5/6/2010 | 6/6/2010 | 7/6/2010 | 12 Mon. Avg. |
| 1,912 | 2,024 | 2,223 | 2,221 | 1,945 | 2,210 | 2,000 | 1,527 | 1,363 | 1,397 | 1,900 | 2,220 | 2,537 | 2,324 | 1,968 | 1,968 |
| Residential closings reported fromJluly 6, 2010 through Aug.5, 2010 decreased 11.5% when compared to the same period a year ago. | |||||||||||||||
| Average Residential Closing Prices | |||||||||||||||
| 5/6/2009 | 6/6/2009 | 7/6/2009 | 8/6/2009 | 9/6/2009 | 10/6/2009 | 11/6/2009 | 12/9/2009 | 1/6/2010 | 2/6/2010 | 3/6/2010 | 4/6/2010 | 5/6/2010 | 6/6/2010 | 7/6/2010 | 12 Mon. Avg. |
| $199,243 | $218,728 | $212,977 | $209,245 | $196,760 | $196,204 | $195,244 | $211,705 | $200,592 | $191,288 | $197,564 | $201,410 | $212,454 | $215,559 | $217,320 | $ 203,778.75 |
| Residential closing price reported from July 6, 2010 through Aug. 5, 2010 increased 2% when compared to the same period a year ago. | |||||||||||||||
| Mortgage Rates | |||||||||||||||
| 5/6/2009 | 6/6/2009 | 7/6/2009 | 8/6/2009 | 9/6/2009 | 10/6/2009 | 11/6/2009 | 12/6/2009 | 1/1/2010 | 2/1/2010 | 3/1/2010 | 4/1/2010 | 5/1/2010 | 6/1/2010 | 7/1/2010 | |
| 4.91 | 5.42 | 5.25 | 5.14 | 5.04 | 5.03 | 4.78 | 5.14 | 4.89 | 5.05 | 4.99 | 5.06 | 4.78 | 4.74 | 4.50 | |
| Source: Freddie Mac, Primary Market Survey, 30 yr. Fixed Mortgage Rate, compilation of Weekly Surveys | |||||||||||||||
| Listing to Sales Price | |||||||||||||||
| List Price | Sales Price | Ratio | |||||||||||||
| $247,660 | $217,320 | 88% | |||||||||||||
| Listings Closed By Price Range | Active | Days On Market | List To Close | ||||||||||||
| <$120K | 696 | <$120K | 9108 | 0-30 | 441 | 0-30 | 71 | ||||||||
| $120K-$150K | 248 | $120K-$150K | 3259 | 31-61 | 374 | 31-61 | 321 | ||||||||
| $150K-$190K | 232 | $150K-$190K | 3540 | 61-90 | 306 | 61-90 | 397 | ||||||||
| $190K-$250K | 244 | $190K-$250K | 3854 | 91-120 | 265 | 91-120 | 340 | ||||||||
| $250K-$350K | 250 | $250K-$350K | 3555 | 121+ | 582 | 121+ | 839 | ||||||||
| $350K-$500K | 141 | $350K-$500K | 2588 | Average | 105.6 | Average | 142.9 | ||||||||
| $500K-$1M | 132 | $500K-$1M | 2198 | ||||||||||||
| $1M+ | 25 | $1M+ | 716 | ||||||||||||
| Total | 1968 | Total | 25818 | ||||||||||||
| Average Sales price by County 2008-2009 | |||||||||||||||
| 2008 Avg. Sales Price | 2009 Avg. Sales Price | % Change (Yr.) | 2008 Closings | 2009 Closings | % Change (Yr.) | ||||||||||
| Alexander | $141,536 | $137,484 | -2.9% | 96 | 81 | -15.6% | |||||||||
| Anson | $72,129 | $85,621 | 18.7% | 111 | 64 | -42.3% | |||||||||
| Cabarrus | $193,305 | $179,701 | -7.0% | 2035 | 1624 | -20.2% | |||||||||
| Gaston | $133,535 | $124,298 | -6.9% | 2100 | 1711 | -18.5% | |||||||||
| Iredell | $236,837 | $233,595 | -1.4% | 1677 | 1439 | -14.2% | |||||||||
| Lincoln | $221,988 | $193,297 | -12.9% | 794 | 635 | -20.0% | |||||||||
| Mecklenburg | $235,497 | $210,533 | -10.6% | 13105 | 10456 | -20.2% | |||||||||
| Stanly | $143,705 | $138,424 | -3.7% | 282 | 293 | 3.9% | |||||||||
| Union | $284,999 | $259,125 | -9.1% | 2504 | 2161 | -13.7% | |||||||||