TABLE OF CONTENTS

Market Summary Table ………………………………………… Page 1

Glossary …………………………………………………………. Page 2

February

2010

Th Sa

13

Su T W F

12

M

1

18

8 9 10 11

17

65432

2725 2624

7

2014 15 16 19

21 22 23

28

MANDEVILLEMANDEVILLEMANDEVILLEMANDEVILLEWEEKLY REAL ESTATE MARKET REPORT

Keller Williams Realty

Services1522 W. Causeway Approach

Mandeville, La. 70471

(985) 727-7000

Real Market Reportswww.realmarketreports.com

MANDEVILLEMANDEVILLEMANDEVILLEMANDEVILLEWEEKLY REAL ESTATE MARKET REPORT

* Dates are from August 16, 2009 to February 15, 2010 Single-Family Residential Listings

Data believed to be accurate but not guaranteed.

Contracts Pending Expired Listings in the Last 6 Months* Absorption Rate

Homes For Sale Homes Sold in the Last 6 Months*

Total

Num

Total

Num

Price Range Total

Num

Avg

DOM

Avg

List Price

List to

SalesMos.

Min. Max.

Avg

DOM

Avg Orig

List Price

Avg Final

List Price

Avg

Sold Price

Total

Num

Pending

Ratio

$0 99,999$ 2 18 84,500$ 3 60.0% 1 4 36 97,050$ 87,050$ 77,686$ 89.2% 3.0

$100,000 199,999$ 87 158 165,568$ 20 18.7% 24 80 101 408,122$ 165,367$ 158,138$ 95.6% 6.5

$200,000 299,999$ 81 113 251,600$ 29 26.4% 46 93 97 262,510$ 255,190$ 246,383$ 96.5% 5.2

$300,000 399,999$ 55 138 353,207$ 16 22.5% 20 43 88 429,167$ 351,628$ 340,937$ 97.0% 7.7

$400,000 499,999$ 32 180 453,417$ 5 13.5% 12 19 73 473,561$ 456,612$ 435,516$ 95.4% 10.1

$500,000 599,999$ 18 146 551,717$ 5 21.7% 8 11 180 632,800$ 593,873$ 559,991$ 94.3% 9.8

$600,000 699,999$ 11 211 645,636$ 1 8.3% 4 1 161 779,000$ 779,000$ 650,000$ 83.4% 66.0

$700,000 799,999$ 7 117 766,514$ 1 12.5% 8 0 - - - - - -

$800,000 899,999$ 5 195 864,600$ 1 16.7% 5 1 370 975,000$ 899,000$ 815,000$ 90.7% 30.0

$900,000 999,999$ 4 143 955,750$ 0 - 3 0 - - - - - -

$1,000,000 1,099,999$ 0 - - 1 - 2 1 32 1,100,000$ 1,100,000$ 1,040,000$ 94.5% 0.0

$1,100,000 1,199,999$ 3 474 1,188,333$ 0 - 0 0 - - - - - -

$1,200,000 1,299,999$ 3 131 1,245,333$ 0 - 1 0 - - - - - -

$1,300,000 1,399,999$ 0 - - 0 - 0 0 - - - - - -

$1,400,000 + 4 185 1,848,700$ 0 - 2 0 - - - - - -

Market Summary >>> 312 148 365,798$ 82 20.8% 136 266,701$ 95.8% 7.4

Search: {201, 204}

253 99 374,380$ 278,326$

Real Market Reportswww.realmarketreports.com

Mandeville, Louisiana

Market Summary Table1

Monday, February 15, 2010 Keller Williams Realty Services

985-727-7000

MANDEVILLEMANDEVILLEMANDEVILLEMANDEVILLEWEEKLY REAL ESTATE MARKET REPORT

1. HOMES FOR SALE

a. Number Active: The number of listings for sale which are currently being marketed but do not yet have a purchase

agreement.

b. Average Days on Market (DOM): The average marketing period of currently active listings. This does not account

for some listings which have had a previous listing period, but were re-entered as a new listing.

c. Average List Price: The average price that a seller is currently asking.

2. CONTRACTS PENDING

a. Number Pending: The number of current listings for which a contract has been signed but has not yet closed.

b. Pending Ratio: Sometimes called a “list to pending ratio”. This is a measure of how fast homes are going under

contract vs. how fast they are being listed.

Pending Ratio = P (Number of Pending Listings)

A+P (Number of Active + Pending)

(P) represents homes that buyers have chosen

(A+P) represents the entire pool from which they have chosen

3. EXPIRED LISTINGS

a. Number Expired: The number of listing agreements that have expired in the last 6 months. Some owners may

choose to reoffer their home for sale.

4. HOMES SOLD

a. Number Sold: The number of homes that have gone to a closing in the last 6 months.

b. Average Days on Market (DOM): The average marketing time it has taken homes to sell in the last six (6) months.

c. Average Original List Price: The average price at which a sold home was originally marketed.

d. Average List Price: The average price at which a sold home was marketed just prior to selling.

e. Average Sold Price: The average price for which a home sold.

f. List to Sales Ratio: The percentage of the list price that the buyer ultimately paid for the home.

List to Sales Ratio = Average Sold Price

Average List Price

5. OTHER

a. Absorption Rate / Months of Inventory: An estimate of how fast listings are currently selling measured in months.

For example, if 100 homes sell per month and there are 800 homes for sale - there is an 8 month supply of inventory

before counting the additional homes that will come on the market.

Real Market Reportswww.realmarketreports.com

Mandeville, Louisiana

Glossary2

Monday, February 15, 2010 Keller Williams Realty Services

985-727-7000