MARKET ACTION REPORT

Egen Warner

October 2011
Broker Associate 914-424-7231 egen.warner@cbmoves.com (914) 633-5540
Trending Versus*: Trending Versus*:

City: Mount Vernon

Price Range: ALL | Properties: Co-Op

Market Profile & Trends Overview

Median List Price of all Current Listings Average List Price of all Current Listings October Median Sales Price October Average Sales Price Total Properties Currently for Sale (Inventory) October Number of Properties Sold October Average Days on Market (Solds) October Month's Supply of Inventory October Sale Price vs List Price Ratio

Month

LM

L3M PYM
50% 28% 23% 81% -5%

LY

YTD
$117,500 $127,607 55 223 32.6 93.2%

PriorYTD
6% 3% -31% -6% 42% 0.1%

PriorYear
1% 0% -7% 19%

$115,000 -2% $129,684 1% $145,000 55% $145,000 39% 141 -10% 2 -67% 248 -3% 70.5 169% 87.8% -9.0%

-2% 4% -9% 25% -14% 14% -6% -67% 9% 3% 182% 156% -6% -5.7%

* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year / YTD = Year-to-date

Property Sales
October Property sales were 2, down -66.7% from 6 in October of 2010 and -66.7% lower than the 6 sales last month. October 2011 sales were at their lowest level compared to October of 2010 and 2009. October YTD sales of 55 are running -31.3% behind last year's year-to-date sales of 80.

Prices
The Median Sales Price in October was $145,000, down -9.4% from $160,000 in October of 2010 and up 54.7% from $93,750 last month. The Average Sales Price in October was $145,000, down -13.6% from $167,833 in October of 2010 and up 39.0% from $104,333 last month. October 2011 ASP was at a mid range compared to October of 2010 and 2009.

Based on information from Empire Access Multiple Listing Service, Inc. for the period 11/1/2008 through 10/31/2011. Due to MLS reporting methods and allowable reporting policy, this data is only informational and may not be completely accurate. Therefore, Coldwell Banker Residential Brokerage does not guarantee the data accuracy. Data maintained by the MLS's may not reflect all real estate activity in the market.

MARKET ACTION REPORT

Egen Warner

October 2011
Broker Associate 914-424-7231 egen.warner@cbmoves.com (914) 633-5540

City: Mount Vernon

Price Range: ALL | Properties: Co-Op

Inventory & MSI

The Total Inventory of Properties available for sale as of October was 141, down -10.2% from 157 last month and down -6.0% from 150 in October of last year. October 2011 Inventory was at the lowest level compared to October of 2010 and 2009. A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers. The October 2011 MSI of 70.5 months was at its highest level compared with October of 2010 and 2009.

Market Time
The average Days On Market(DOM) shows how many days the average Property is on the Market before it sells. An upward trend in DOM tends to indicate a move towards more of a Buyer's market, a downward trend a move towards more of a Seller's market. The DOM for October was 248, down -2.7% from 255 days last month and up 9.3% from 227 days in October of last year. The October 2011 DOM was at its highest level compared with October of 2010 and 2009.

Selling Price vs Original Listing Price

The Selling Price vs Original Listing Price reveals the average amount that Sellers are agreeing to come down from their original list price. The lower the ratio is below 100% the more of a Buyer's market exists, a ratio at or above 100% indicates more of a Seller's market. The October 2011 Selling Price vs Original List Price of 87.8% was down from 96.5% last month and down from 93.1% in October of last year.

Based on information from Empire Access Multiple Listing Service, Inc. for the period 11/1/2008 through 10/31/2011. Due to MLS reporting methods and allowable reporting policy, this data is only informational and may not be completely accurate. Therefore, Coldwell Banker Residential Brokerage does not guarantee the data accuracy. Data maintained by the MLS's may not reflect all real estate activity in the market.

MARKET ACTION REPORT

Egen Warner

October 2011
Broker Associate 914-424-7231 egen.warner@cbmoves.com (914) 633-5540

City: Mount Vernon

Price Range: ALL | Properties: Co-Op

Inventory / New Listings / Sales

'This last view of the market combines monthly inventory of Properties for sale along with New Listings and Sales. The graph shows the basic annual seasonality of the market as well as the relationship between these items. The number of New Listings in October 2011 was 18, down 25.0% from 24 last month and down -35.7% from 28 in October of last year.

Based on information from Empire Access Multiple Listing Service, Inc. for the period 11/1/2008 through 10/31/2011. Due to MLS reporting methods and allowable reporting policy, this data is only informational and may not be completely accurate. Therefore, Coldwell Banker Residential Brokerage does not guarantee the data accuracy. Data maintained by the MLS's may not reflect all real estate activity in the market.