714.389.4099

Market Summary | June 2013 R E A L E S T A T ER E A L E S T A T E

800.955.7356

Market Summary | June 2013 R E A L E S T A T ER E A L E S T A T E

800.955.7356 | sevengables.com

market summary june 2013

Seven Gables Real Estate

Jaci Woods | CRS®, GRI®, SRES®, ABR®714.389.4099jaci@jaciwoods.com

Jaci WoodsSeven Gables Real Estate

orange county

714.389.4099

Market Summary | June 2013 3

800.955.7356

Market Summary | June 2013 3

•Comparing June year over year, pended sales were down less than 1% over a year ago, while homes available for buyers were also down 17.4%

•Closed sales were down 1.5% over a year ago

•The effect of increased listings and a steady level of pended sales, also known as supply and demand, is clearly illustrated in the Months of Inventory/Closed Sales (1.6 months) and Months of Inventory/Pended Sales (1.5 month). Generally, in a balanced market the Months of Inventory would be 5-6 months. Using the balanced market figures as a benchmark, it is clear that the inventory of homes remains near all-time lows

•Compared to a year ago, the average price per square foot was up 18%

•The differential percentage was actually better than a year ago. The 1% figure represents how buyers and seller are negotiating with each other, tells us how buyers and sellers should strategize to list their property and how to strategize writing an offer to obtain the best results and also indicates the low level of homes for sale

•Overall, the supply of homes has increased but remains near all-time low levels and pended sales have increased significantly. Although, a trend maybe developing as the last six months have shown month over month an increase in homes for sale. In fact, there were 4,574 listings in June and that represents the highest number in 9 months. If the current trend continues, we expect the local markets to continue to appreciate but at a slower rate. Overall, in June there were 1,176 fewer homes available and 465 more homes sold in June 2013 as compared to June 2012. Overall in Orange County, 86.8% of the supply of the homes available in June 2013 sold

Jaci Woods

table of contents

714.389.4099

Market Summary | June 2013 5

Orange County 3

Tustin 7

North Tustin 9

Tustin Ranch 11

Orange 13

Irvine 92620 15

Irvine 92602 17

Irvine 92603 19

Irvine 92604 21

Irvine 92606 23

Irvine 92612 25

Irvine 92618 27

Newport Coast 29

Corona del Mar 31

Market Charts 33

Jaci WoodsSeven Gables Real Estate

tustin

714.389.4099

Market Summary | June 2013 7

800.955.7356

Market Summary | June 2013 7

•Comparing June 2012 to June 2013, pended sales increased by 17.9%, and the number of homes available also increased by 30%

•Closed sales were up 112% over a year ago

•The effect of fewer listings and more pended sales (supply and demand) is clearly illustrated in the Months of Inventory/Closed Sales (1.1 months) and Months of Inventory/Pended Sales (1.2 months)

•Compared to a year ago, the average price per square foot has increased from $233 to $284

•The difference between the list price and the eventual sale price was 0%

92780

Jaci WoodsSeven Gables Real Estate

north tustin

714.389.4099

Market Summary | June 2013 9

800.955.7356

Market Summary | June 2013 9

92705

•Comparing June 2012 to June 2013, pended sales decreased by 2.4%, while homes available were also down 33.7%

•Closed sales were up 22.6% over a year ago

•The effect of fewer listings and more pended sales (supply and demand) is clearly illustrated in Months of Inventory/Closings Sales (1.7 months) and Months of Inventory/Pended Sales (1.6 month)

•Compared to a year ago, the average price per square foot has increased from $268 to $320

•The difference between the list price and the eventual sales price was 4%

Jaci WoodsSeven Gables Real Estate

tustin ranch

714.389.4099

Market Summary | June 2013 11

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Market Summary | June 2013 11

92782

•Comparing June 2013 to June 2012, pended sales were down 20.5%, while homes available were also down 41.2%

•Closed sales were up 25% over a year ago

•The effect of fewer listings and more pended sales (supply and demand) is clearly illustrated in Months of Inventory/Closings (0.9 months) and Months of Inventory/Pended Sales (1.3 months) indicate a low supply and high demand

•The average price per square foot has increased slightly from a year ago from $316 to $357

•The difference between the list price and the eventual sales price was 0%

Jaci Woods

orange

714.389.4099

Market Summary | June 2013 13

•Comparing June 2013 to June 2012, pended sales were down 4.3%, while homes available were also down 12.6%

•Closed sales were down 16.1%

•The effect of fewer listings and more pended sales (supply and demand) is clearly illustrated in Months of Inventory/Closings (1.5 months) and Months of Inventory/Pended Sales (1.2 months) indicate an extremely low supply of homes in the market

•The average price per square foot has increased from $243 to $305

•The difference between list price and eventual sales price was 2%

Jaci Woods

irvine

714.389.4099

Market Summary | June 2013 15

92620

•Comparing June 2013 to June 2012, pended sales were up 36.2%, while homes available decreased by 7.7%

•Closed sales were up 42.2% over a year ago

•The effect of fewer listings and more pended sales (supply and demand) is clearly illustrated in the Months of Inventory/Closed Sales (1.3 months) and Months of Inventory/Pended Sales (1.3 months)

•Compared to a year ago, the average price per square foot has increased from $313 to $398

•The difference between list price and eventual sales price was zero

Jaci Woods

irvine

714.389.4099

Market Summary | June 2013 17

•Comparing June 2013 to June 2012, pended sales were down 6.9%, while homes available were also down 34.1%

•Closed sales were down 14.3%

•The effect of fewer listings and more pended sales (supply and demand) is clearly illustrated in Months of Inventory/Closings (1.2 months) and Months of Inventory/Pended Sales (1.1 months) indicate an extremely low supply of homes in the market

•The average price per square foot is up from $296 to $378

•The difference between list price and eventual sale price was zero

92602

Jaci Woods

irvine

714.389.4099

Market Summary | June 2013 19

•Comparing June 2013 to June 2012, pended sales were down 17.1% over the prior year, while homes available also decreased by 13.8%

•Closed sales were down 17.9% over a year ago

•The effect of fewer listings and more pended sales (supply and demand) is clearly illustrated in the Months of Inventory/Closed Sales (2.5 months) and Months of Inventory/Pended Sales (2.8 month)

•Compared to a year ago, the average price per square foot has increased from $473 to $493

•The difference between list price and eventual sales price was 1%

92603

Jaci Woods

irvine

714.389.4099

Market Summary | June 2013 21

•Comparing June 2013 to June 2012, pended sales were down by 28.6% over a year ago, while homes available were up 8.3%

•Closed sales were down 23.1% over a year ago

•The effect of fewer listings and more pended sales (supply and demand) is clearly illustrated in the Months of Inventory/Closed Sales (2 months) and Months of Inventory/Pended Sales (2 months)

•Compared to a year ago, the average price per square foot has increased from $302 to $364

•The difference between list price and eventual sales price was zero

92604

Jaci Woods

irvine

714.389.4099

Market Summary | June 2013 23

•Comparing June 2013 to June 2012, pended sales were down 17.4%, while homes available were up by 100%

•Closed sales were up 33.3% year over year

•The effect of fewer listings and more pended sales (supply and demand) is clearly illustrated in Months of Inventory/Closed Sales (2 months) and Months of Inventory/Pended Sales (1.5 months)

•Compared to a year ago, the average price per square foot has increased from $307 to $364

•The difference between list price and eventual sale price was zero

92606

Jaci Woods

irvine

714.389.4099

Market Summary | June 2013 25

•Comparing June 2013 to June 2012, pended sales were down 15.6% over a year ago, while homes available were up by 23.7%

•Closed sales were down 8.1% over a year ago

•The effect of fewer listings and more pended sales (supply and demand) is clearly illustrated in the Months of Inventory/Closed Sales (2.1 months) and Months of Inventory/Pended Sales (2.7 months)

•Compared to a year ago, the average price per square foot has increased from $327 to $396

•The difference between list price and eventual sales price was 0%

92612

Jaci Woods

irvine

714.389.4099

Market Summary | June 2013 27

•Comparing June 2013 to June 2012, pended sales were up 47.6% over a year ago, while homes available decreased by 25.5%

•Closed sales were up 3.3% over a year ago

•The effect of fewer listings and more pended sales (supply and demand) is clearly illustrated in the Months of Inventory/Closed Sales (1.3 months) and Months of Inventory/Pended Sales (1.3 months)

•Compared to a year ago, the average price per square foot increased from $327 to $365

•The difference between list price and eventual sales price was zero

92618

Jaci Woods

newport coast

714.389.4099

Market Summary | June 2013 29

•Comparing June 2013 to June 2012, pended sales were down 16.7% over a year ago, while homes available were also down 39.2%

•Closed sales were down 10.7%

•The effect of fewer listings and more pended sales (supply and demand) is clearly illustrated in Months of Inventory/Closed Sales (2.9 months) and Months of Inventory/Pended Sales (4.9 months)

•Compared to a year ago, the average price per square foot has increased from $664 to $737

•The difference between list price and eventual sales price was 7%

92657

Jaci Woods

corona del mar

714.389.4099

Market Summary | June 2013 31

•Comparing June 2013 to June 2012, pended sales were down 7.7% over a year ago, while homes available decreased by 27.3%

•Closed sales were down by 25.7% over a year ago

•The effect of fewer listings and more pended sales (supply and demand) is clearly illustrated in the Months of Inventory/Closed Sales (2.8 months) and Months of Inventory/Pended Sales (3 months)

•Compared to a year ago, the average price per square foot has decreased from $859 to $813

•The difference between list price and eventual sales price was 0%

92625

Jaci WoodsSeven Gables Real Estate

proven leaders in North Tustin

714.389.4099

Market Summary | June 2013 33

800.955.7356

Market Summary | June 2013 37

proven leaders in North Tustin

June 2013 - 92705 (Last 12 months - $0-No Limit)Company Total Sales in $,000Seven Gables Real Estate 137,886First Team 92,941Prudential CA 33,193North Hills 28,587CB Residential 19,065

$0

$20,000

$40,000

$60,000

$80,000

$100,000

$120,000

$140,000

Seven Gables Real Estate

First Team Prudential CA North Hills CB Residential

$137,886

$92,941

$33,193 $28,587

$19,065

All reports are published July 2013, based on data available at the end of June 2013. All reports presented are based on data supplied by the SCMLS or its member associations/brokers. Neither the MLS nor their members are in anyway responsible for their accuracy. Data maintained by the MLS or their members may not reflect all real estate activities in the market. Information deemed reliable but not guaranteed. COPYRIGHT (c) TRENDGRAPHIX, Inc

June 2013 - 92705 (Last 12 months - $1mil-No Limit)Company Total Sales in $,000Seven Gables Real Estate 72,870First Team 38,678Prudential CA 15,711North Hills 14,031Surterre Prop 6,548

$0

$10,000

$20,000

$30,000

$40,000

$50,000

$60,000

$70,000

$80,000

Seven Gables Real Estate

First Team Prudential CA North Hills Surterre Prop

$72,870

$38,678

$15,711 $14,031

$6,548

All reports are published July 2013, based on data available at the end of June 2013. All reports presented are based on data supplied by the SCMLS or its member associations/brokers. Neither the MLS nor their members are in anyway responsible for their accuracy. Data maintained by the MLS or their members may not reflect all real estate activities in the market. Information deemed reliable but not guaranteed. COPYRIGHT (c) TRENDGRAPHIX, Inc

92705$0 - No Limit

June 2012 - June 2013Total Sales in $,000

92705$1Million - No Limit

June 2012 - June 2013Total Sales in $,000

Jaci WoodsSeven Gables Real Estate

luxury leaders in our markets

714.389.4099

Market Summary | June 2013

800.955.7356

Market Summary | June 2013 39

92705 • 92706 • 9278092801 • 92802 • 92807

June 2013 - Our Markets (Last 12 months - $1mil-No Limit)Company Total Sales in $,000Seven Gables Real Estate 93,013First Team 44,673Prudential CA 37,513North Hills 14,031Keller Williams 9,480

$0

$10,000

$20,000

$30,000

$40,000

$50,000

$60,000

$70,000

$80,000

$90,000

$100,000

Seven Gables Real Estate

First Team Prudential CA North Hills Keller Williams

$93,013

$44,673

$37,513

$14,031 $9,480

All reports are published July 2013, based on data available at the end of June 2013. All reports presented are based on data supplied by the SCMLS or its member associations/brokers. Neither the MLS nor their members are in anyway responsible for their accuracy. Data maintained by the MLS or their members may not reflect all real estate activities in the market. Information deemed reliable but not guaranteed. COPYRIGHT (c) TRENDGRAPHIX, Inc

Our Markets$1Million - No Limit

June 2012 - June 2013Total Sales in $,000

35

Jaci WoodsSeven Gables Real Estate

*All information presented is based on data supplied by the CRMLS or its member associations/brokers. Information deemed reliable but not guaranteed. TrendGraphix charts/reports are published July 2013, based on data available at the end of June 2013. Neither the MLS nor their members are in anyway responsible for their accuracy. Data maintained by the MLS or their members may not reflect all real estate activities in the market. COPYRIGHT (c) TRENDGRAPHIX, Inc.

market summary june 2013

800.955.7356 | sevengables.com

R E A L

E S T A T ER E A L E S T A T E

Seven Gables Real Estate

*All information presented is based on data supplied by the CRMLS or its member associations/brokers. Information deemed reliable but not guaranteed. TrendGraphix charts/reports are published July 2013, based on data available at the end of June 2013. Neither the MLS nor their members are in anyway responsible for their accuracy. Data maintained by the MLS or their members may not reflect all real estate activities in the market. COPYRIGHT (c) TRENDGRAPHIX, Inc.

market summary june 2013

800.955.7356 | sevengables.com

R E A L

E S T A T ER E A L E S T A T E

Jaci Woods | CRS®, GRI®, SRES®, ABR®BRE #01261744714.389.4099jaci@jaciwoods.comwww.jaciwoods.com