Residential Contracts Reported                          
1/6/2009 2/6/2009 3/6/2009 4/6/2009 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 12 Mon. Avg.
1,841 1,712 2,028 2,269 2,350 2,167 2,341 2,434 2,199 2,400 1,645 1,466 1,833 1,954 2,498 2,130
Residential contracts reported from Mar. 6, 2010 through April 5, 2010 increased 23.2 % over the same period a year ago.          
Residential Closings Reported                          
1/6/2009 2/6/2009 3/6/2009 4/6/2009 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 12 Mon. Avg.
1,258 1,348 1,671 1,773 1,912 2,024 2,223 2,221 1,945 2,210 2,000 1,527 1,363 1,397 1,900 1,875
Residential closings reported from Mar. 6, 2010 through April 5, 2010 increased 13.7% when compared to the same period a year ago.        
Average Residential Closing Prices                          
1/6/2009 2/6/2009 3/6/2009 4/6/2009 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 12 Mon. Avg.
$189,048 $182,865 $191,433 $201,352 $199,243 $218,728 $212,977 $209,245 $196,760 $196,204 $195,244 $211,705 $200,592 $191,288 $197,564 202,575
Residential closing price reported from Mar. 6, 2010 through April. 5, 2010 increased 3.2% when compared to the same period a year ago.        
Mortgage Rates                      
3/6/2009 4/6/2009 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
4.85 4.78 4.91 5.42 5.25 5.14 5.04 5.03 4.78 5.14 4.89 5.05 4.99
Source: Freddie Mac, Primary Market Survey, 30 yr. Fixed Mortgage Rate, compilation of Weekly Surveys        
Listing to Sales Price  
List Price Sales Price Ratio 
$223,319 $197,564 88%
Listings Closed By Price Range Active   Days On Market List To Close
<$120K 675   <$120K 5553 0-30 413 0-30 98
$120K-$150K 290   $120K-$150K 3192 31-61 359 31-61 348
$150K-$190K 277   $150K-$190K 3604 61-90 261 61-90 345
$190K-$250K 256   $190K-$250K 3825 91-120 201 91-120 232
$250K-$350K 184   $250K-$350K 3578 121+ 666 121+ 877
$350K-$500K 113   $350K-$500K 2717 Average 118 Average 144.9
$500K-$1M 89   $500K-$1M 2294
$1M+ 16   $1M+ 773
Total 1900   Total 25536
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%