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2ia(c) From: Shuffield, Ron Sent: Tuesday, January 19, 2010 12:04 PM To: 'Carlton, Roger' Subject: South Miami Single-Family and Condo Inventory & Sales + South Miami Rental Statistics Attached are the inventory and sale numbers for single-family homes and condos within the City of South Miami, as well as rental numbers for all properties. As you will see, the closings for single-family homes saw a steep increase in sales in December... the highest number in many years, While that is an encouraging sign, it's too early to know if sales will continue at this pace. Condo sales are virtually non-existent, with only an average of about one sale per month. Like all of Miami-Dade County, the inventory levels in South Miami have seen a sharp decline from their peak levels in 2007. At the peak • the market, there were 200 properties listed for salt through Realtors in the City of South Miami. By the end • December, 200• , there were 117 properties listed, a 42% decrease in inventory. We have also seen a decrease in the number of new properties being listed each month across Miami-Dade for much of 2009 . This, coupled with the fact that sales have been increasing, account for the lower inventory numbers. 92 single-family homes were sold in South Miami through the Realtors' MLS system in 2009, compared with 73 sales in 2008, an increase in sales of 26%. 16 condos were sold throughout the City in 9009 compared with 15 sales in 2008, an increase of 7%. The "bigger story" is the fact that the median prices have fallen dramatically from their peak levels. The peak median price for a single-family home in South Miami occurred in the second quarter • 2007, when it was $ 661,000. The median price • a single-family home sold during the fourth quarter • 200• was $ 281,000, reflecting a drop of 57%. The peak median price of a condo occurred in the fourth quarter of 2005, when it was $402,000. The median price of a ZV41#1 30 P of 68% in median value. ,= reflectine-a-cLa If you need any further clarification, please feel free to have anyone call me. I'll also be happy to meet with your people if that would help. Lastly, you probably should check the public record ,JJ,f I transfers. Remember, my numbers only include those properties sold by Realtors, not for-sale- by-owners, some builders, etc. While our numbers do notlinclude every sale, we have enough of the total sales to show what the trends are. Good luck...... 305-444-0185 fax shuffieldRewm,scam www.ewm.com Sent: Tuesday, January 19, 2010 8.,24 AM To: Shuffield, Ron Subject: Real Estate Sales and Inventory Study hand out at Business Network, This cold dose of reality will help me begin budget discussions with the City Commission. Thanks. Facts and Trends"" Published Jan, 2010" Location * South Miami (MC 09) Number of Horges For Sale vs. Sold r - D 009) Price Range $0!: No Limit, SOFT Range: 0 - No Limit tental -Alt Prai nprtip-q FOR SALE SOLD Wfl) 0 r j "I 1 M 11108 12108 V09 Mg 3109 009 510 609 7M 8109 M9 -1010!3 .l 1109 12109 Copyright 0, Trendgraphix, too. littp://w�vw.trendgraptiix,com/default.asp 1/19/2010 1 month I year 15 111011(115 Nov 09 Dec 09 14 Change Dec Oil UPC 09 % Chantle Oct 08 Dec 09 Change For Salo 67 55 -17,90 59 55 -6,8% R 60 55 -8.3% Sold 5 Q 1140%, 4 12 200% 1"( to 12 20% f]) Dato 10108 11108 12108 1109, 2100 3109 4M9 51*09 61109 M9 81109 9109 ifflog 11109 Fat Sal, 60 56 59 46 35 28 37 42 62 56 60 67 68 67 New Listing 20 13 17 12 4 11 18 IG 30 17 21 Is 5t 19 Sold 10 11 4 17 9 14 6 6 4 I'll 16 a 9 5 Fender! a 0 0 G 0 0 0 0 0 0 0 a 0 a Man of W an SoW 6 51 148 27 39 21 62 7 iss 41 3e 84 76 134 Mon of Inv on Fended n/a nha n1a 111a n47 n1a ne.'l (Va Wa n1a rVa n"a (11fa, wal Abscaplion Rt on Sold 16_7 196 6'8 37 251 so I G 2 14,3 G's 232 26T 11.111 t32 7.5 Afisofj%an R1 on 0 0 Q 0 l3 0 0 0 a 0 0 a 0 0 Pendod Avg Act Price 2 2 1 Avg Sfd ('e ce 2 2 1 1 1 1 1 1 2 1 1 1 1 1 Avg Scil'(Pace 1,9 14 12 26 1,6 3.4 Ili 29 t2 I's 22 21 is 22 Wd1lst Ddf 51, 69 92 as 96 as 87 IGQ 100 too Ica 104 100 Ice 100 Days on Marvct 167 92 73 66 95 'ITS %11 W 53 53 67 SG 9-1 62 Scad,Onq LP DO 96 92 100 93 as vs lit too 114 lit 113 122 120 Ica Avg CDOM 0 0 0 a 0 0 SY a 0 0 a a 0 0 hiLdvin Pitco 2 2 2 2 2 1 2 1 2 2 2 2 2 2 littp://w�vw.trendgraptiix,com/default.asp 1/19/2010 af,L. FJ`A`E OORTGAUE FCi k! E at1L h l a Od, zoo &I c4 tti a`i aGk a Cti c a Ct3 N L3 N to (N C<ipyt a1 G Toe d4raGttar;, tro, Iittp:[ /www.treradgrapiii .com/d L�ult.iii 1119/2010 I month I year 7 years Sett 09 Dec Q9 % Chafqo, Occ 46 Glee 09 °. Ch oqQ UPC 02 Dec 419 % Change For Sala 39 45 ad;�0 5 42 45 ,.1 + � � 45 tQQ 5 Gam§ Sotd 2 1 -so%# 1 1 0% 1 1 014 Date 12JQ2 610, 12103 61014 12J04 Was IWO5 6MQ 12106 61+37 12107 raloa S R 6109 121,04 For Sale 5 3 3 €t 5 4 at 29 4.4 62 61 62 42 -15 45 Now LnVn 1 3 1 4 1 2 5 9 9 9 9 9 S 11 5 Saa €4 5 2 2 3 0 1 2 3 1 2 1 1 1 2 t pended € 3 1 5 0 1 2 4 t 1 1 2 a a 2 MoV on S(9d - 5 i's is 27 a11a 4 fat 5 9 7 44 at 61 Cat 42 22,5 45 P. oV an Ponded 5 1 3 16 n, +a 4 1116 73 44 62 at 31 nfd a 22 a AR* on SoM 20 667 647 37 m 4 25 %5 10 3 23 32 le 16 2.4 4.4 22 At„ on Pended 20 100 33.3 62S €1 25 %5 13 3 23 ..... i1, 16 32 Q 111 44 Ava Act Pffice 1+113 378 44% 396 4444 365 382 202 34 1 30 274 217 2755 235 215 . r4v{1 Std Pace 161 as 260 260 0 322 405 3668 263 340 272 342 af8 125 136 Avg do Ft Prico 94.3 73.1 138,9 1723 to 244312 251.5 : 36C3 6 3062 3311 2aS 9 215.5 2112,2 t3t:8 14016 SP1LP Diff % 96 93 94 98 41 96 47 W 9% 95 81 95 94 95 92 Days an lAwl It 87 73 71 314 Q 39 34 130 39 178 19Z 11.4 47 1^43 64 SP7r3LP liiM Is Q Q _Q Q 0 96 VO U4 101 94 es 117 93 72 ad Avq GDOM Q a a 41 Q a 0 Q Q a 0 Q Q. Q kledianPrice 661 87 N2 297 Q 322 4112 37% 263 343 272 3111 166 119 t3o *MOI: Morltll,5 of Crtverttor r iw e..d— - 44 —V.1t r as , mm x arac V. rru ? «o- y�YS c tr rr ¢rc�s enx affirm w aae R 3&aXB:k rc�ntq�r'Yn&rrrk B"kaaRC�.&vM aw N�*�ay..smia+ &wv'�3.acsS i`k`!a"4"at *5.tltdxam uwaa tapnc Ctme�gs,'.� t � +w+* G,v�.am05Crn�ac "� -c�mk- ar�sSa wssw0.+F�L, skts�A.rma G�lrt"y.,,w`m "3nMm %liMe Iittp:[ /www.treradgrapiii .com/d L�ult.iii 1119/2010 Facts and Trends"" Published Jan. 2010*1 Location . South Miami eMC 09) Median Price Sold - Last 7 years (Quarterly) IE Median Price .1. -- ., A - 15OL't4f, Alicti�1'I 10, Adds ,7 w M rtt It LD (D CO W N CO M 0) N W N (D N W N LO i i (D 04 to N CO N Copyright Q Trea4graplik. KO. 1 month I year 7 years Sep 09 Dec 09 p14 Change Dec 08 Dec 09 1,10 Change Dec 02 Dec 09 % Ghanqe 97 130 34% 1.) 168 130 -22,61% $ 101 130 -19,3% 111 12(02 6103 12103 6104 12104 6105 12105 6106 12+06 W07 12107 611011 12100 6109 12109 5 3 3 a 5 4 21 29 44 62 61 02 42 45 45 4 1 2 5 9 9 9 9 9 5 11 s 3 0 1 2 a 1 2 A 1 2 1 1 3 1 5 a 1 2 4 1 1 1 .7 5 2 1 6 15 1,5 2,7 Wa 4 105 9,7 44 31 fil 62 42 22,5 45 Ad, 5 1 a 1,6 rva 4 log 7,3 44 62 fit 31 (AIR q 22,5 20 667 663 3715 0 25 95 to:) 22 32 I'S T-e 2A 4A 2,2 d 20 too 33,3 62,5 G 25 q 5 130 23 16 I'a 32 0 11,1 4A t4a 370 440 396 444 365 302 282 341 M 274 -777 275 231 215 161 86 260 268 0 322 405 389 20 3-AO 27-1 342 MAI 125 130 94,3 711 139.9 179,3 0 243 2 2515 3096 306.2 3331 255,6 215,5 202,2 131,0 140,6 96 93 94 90 0 so 97 W 69 95 91 95 94 95 92 it 87 73 71 38 0 39 34 t34 11 178 197' AM 47 143 64 a4 0 0 r) 0 a 96 96 tA4 tol IM Sa 87 93 72 08 0 0 Q 0 0 0 0 Q�I," 07 262 297 a 322 402 379 263 343 272 318 16a 119 13 'r — litti):Il�NivNv.tren(igra phi x.conVdef,it,ill.asp 1/19/2010 Page I ON For Sale sold FOR SALE SOLD L]22212� m 10108 11108 12108 V09 2109 3109 4109 5109 6109 7109 8109 9109 10f U9 11fU9 1 M Copyright OToindgraphix, Im littp://www,treiidgrapliix.conVder�,itilt.asp 1/19/2010 1 month I year 15 inonths, Nov 09 Dec 09 Change Dec 08 Dec 09 Change Oct 08 Dec 01a % Changle 46 I 115 30 46 1 47 46 ,-m% 4 45 2,2% 21A% 0 1 din 0 1 IVA 0 1 flia 10100 111013 1210a 11013 2A69 3109 4M9 5M9 61,09 7109 8109 9409 Was M09 12M 47 41 311 30 41 41 40 43 47 40 35 41 46 45 46 6 1 9 9 4 6 6 W Q 6 3 12 a 4 4 0 2 0 1 0 1 2 4 0 2 2 1 1 0 0 1 1 4 3 5 6 6 3 5 2 Sold f1fa 20,5 (1/3 30 n1a 41 20 12 Wa 20 175 2015 45 n1a 4G onded 47 not fda 38 41 10,3 113 96 7'a 6,7 117 137 22,5 45 23 n Sold 0 49 0 26 0 24 5 83 0 5 S7 49 27 2 0 22 an 2t 0 0 26 2.1 9'8 75 104 12,8 15 66 73 44 22 43 269 200 277 247 242 244 228 226 237 229 237 239 226 212 206 0 168 0 182 a 17U 167 104 a 96 87 104 140 0 Q0 0 2012 a 180,2 a f68,3 1577 1184 'a 0 129,15 t3 7... 97,5:.. 7,5 W38,6 0 1425 0 04 0 too 0 loa an 99 0 97 90 95 68 0 9G kilt , 0 47 to 32 0 12 164 112 0 42 206 14 61 0 Go iff ly. 0 93 0 tat 0 tot as 75 0 91 63 95 do 0 97 0 0 0 a a 0 a 0 0 0 0 0 0 0 0 a 160 0 182 0 170 168 95 0 so 811 104 140 0 120 littp://www,treiidgrapliix.conVder�,itilt.asp 1/19/2010 Published 0 4. a a m o- ♦ r ♦ Pft � 2 .n.. FOR SALE SOLD w 1S 3 °E MA 151GI E W M ' €I CE a 115w =d3 #€'1 1 month Nov 09 Dec 09 % Change Dec 08 For Sale 30 30 00/0 15 Sold 0 1' nta 0 Copyrdght 0 Trendgraphix, [no. 1 year 15 months Dec 09 % change tact Oil 13ec 09 % Change 30 100-A 20 30 50% t 01 0 1 nta 2109 Wag 4103 51113 6F09 7109 woo 914% 1010% 11109 12199 22 21 24 2% 29 26 21 26 30 30 30 3 2 5 11 9 5 2 9 4 4 3 0 1 1 1 to 2 2 2 1 Q 1 1 4 3 5 6 6 3 3 2 1 2_ 21 24 73 Wa 13 10.5 13.. 30 n11a 30 a111 22 53 a 56 4.8 43 7 61 1S 30 15 0 46 47 U8 €F 77 95 77 33 0 33 45 19 12s 172 201 23.1 143 115 6.7 3.3 67 137 137 142 M 151 154 1"50 1555 154 146 141 0 170 55 10,1 0 96 57 104 140 a 120 0 16133 : a6 9 1 l a$ 0 129.6 1351 97.5 136.6 0 142.5 0 100 as 99 0 97 98 95 M 0 96 0 12 221 132 0 42 20€1 14 61 0 61 6 101 65 75 a 91 63 95 aft 0 97 0 0 0 0 0 Q. 0 a 0 0 0 n axn 19 95 0 98 OR 144 140 0 129 littp://www,trendgraphix.coii-ddefatilt.asp 1/19/2010 Facts and Trends"' 'Published Jan. 2410" Location. Soutil Miami C09) er-of—nj Mora 0 (Oct. 2008 - Dec. 200-9) FOR SALE �80 L D� F trj IVA, 4 RIUAGE Cot mw W M 1101LI V f Nsuqlfirt 10108 II108 12108 1109 2109 X09 V09 -51U9 bfUU ffUU URA! WU -I 111;.1 1-Pull I-f)UU littp://\vww.trendgraph,ix.com/defaut(.asp 1/19/2010 Copyright 0 Tireodgraphix. Ina. 1 month t year to months Nov 09 ' Dec 09 % Change Dec OR, Dec 09 % Change Oct 08 Dec 09 % Change For Safe Is 16 61% 2o 16 .20,,, a 22 16 -27,3`4 Soto 0 0 "fa 0 0 n1a 0 0 nta Date 1010a M018 12/0a 1109 W09 1110 4109 S�0% W09 7109 evall 91019 1 QJQ5 11109 12109 For Sale 22 22 20 16 Is 14 16 17 14 14 is 1� is 16 New Listing 4 1 1 1 1 4 1 3 3 1 1 3 4 0 1 Sold Q 0 0 0 0 0 1 0 a G 0 0 0 0 0 Pended 0, 0 Q a 0 0 0 0 0 0 0 0 0 0 Man of Inv, on Sold n1 W4 Ilia "fa (113 rVa 14 111.11 Wa nia ftla n/a 0,114 n1a (11,111 Man of Inv. on PendLd olia 1114 We ala We net W (114 n1a n1a Iva ftfa Ilia oft rVa Abstaphoo M. on Sold a 0 0 0 0 a 71 0 a 0 0 0 0 0 0 Absorption Rt on 0 0 0 0 0 0 0 0 0 0 0 @ 0 0 0 Panned Avit Act Price 312 324 333 335 332 337 332 332 368 360 367 385 i72 343 333 A%,,q Sid Prize 0 0 0 0 0 a 280 0 0 0 D a 0 0 0 Avg, Sri Ft Price 0 a 0 0 0 0 118 TO a 0 a a 0 0 a 0 SoldlUst 0iff. % 0, a 0 0 69 0 0 0 D 0 0 0 0 Days on Market 0 0 a 0 0 104 a 0 0 0 0 0 SoldlOnit LP Diff. % 0 a 0 0 0 0 65 0 0 0 0 0. 0 0 Avii CDOM 0 a 0 0 a G a f9 0 0 0 0 0 a Inedtan Pnize, 0 0 0 0 G 0 280 0 Q 0 0 Q 0 0 littp://\vww.trendgraph,ix.com/defaut(.asp 1/19/2010 Published Jan. 2010** f i lim FOR sAL� SOLD PIEK, ESIM VORTUGE Ke-iim NILE Ok 10108 11108 12108 1109 2109 3 9 4109 5!09 6109 TfU9 8fU9 WU9 1 UIU9 111U9 1-dMi Copydght (K) Tm-ridgraphix. Inc. http://www.trendgrapliix.cotn/default.asp 1/1912010 I month I year 1st ninths Nov 09 Dec 09 Change Dec 08 Dec 09 % Change Oct 08 Dec 09 Change For Sate 0 0 n1a 3 0 -1001,10 0 -100% 411 Sold 0 0 Wit 0 it 0111 0 0 wa Date 10108 11/03 1211)8 1109 2109 1,09 4109 5109 6109 7'09 8t09 9109 10109 11109 12109 For Sato 5 4 3 2 3 2 2 3 1 a 0 0 a 0 0 New Listinq 0 Q 1 0 a 0 0 a 0 0 0 a:.. Q. 0 0 Sold 0 0 0 0 0 0 a a 0 0 0 a 0 0 0 Perided a 0 0 a 0 0 0 a Q 0 0 0 0 0 0 Mort of lnv, on Sold n1a Ald roll rVa nfa n/a nra nf"j 013 not nfa "fa nfa nra inn Men of Inv. on Pendcd n/a afa pla m(a ata 013 MIA W, 17 n1a W.IX m1a Eva Pla W11w nfa Absoiption Rt on Sold 0 0 0 G 0 0 0 0 a Wit (Va n1a n1a (eta n1a Abtmrpbon or *n 0 0 0 0 0 0 0 0 a n1a Wa n111 rula Wit n+a perldLa Avg, Act Prim 549 560 560 52a 528 523 523 575 507 0 0 0 0 0 0 Avg Sid Pime 0 0 0 0 0 0 0 0 a a 0 0 0 0 0 Avg, Sq Ft Price 0 0 0 0 a 0 0 0 it 0 0 0 a 0 is Sotd,'List Ddf, 'k a 0 0 0 0 0 0 0 0 0 0 0 a a 0 Days an Mannar 0 0 a 0 0 0 0 0 a 0 0 0 0 0 0 Sold/Orio, LP Dff, In, 0 0 0 0 0 0 Q 0 a 0 0 0 0 0 0 Avg CDOM 0 0 0 ti 0 0 0 0 0 0 0 0 0 a 0 Median Price 0 a a it 0 a 0 _0 ra 0 0 0 0 0 0 http://www.trendgrapliix.cotn/default.asp 1/1912010 ruvcv Published Jam 2010- Page I of I 01 w M M Copyright 0 Nndgraphix, Inc. I month I year Nov 09 Dee 00 % Change Dec 08 Dec 09 Change For Site 0 0 n/a 0 D n/11 Sold 0 0 n1a 0 a Iva 15 months Oct 08 Dec 09 Change 0 0 rwa 0 0 n1a 5109 6109 7/09 8100 9AKI to109 11109 12109 a 0 a 0 0 0 0 0 0 0 0 0 a 0 0 0 0 a 0 0 0 0 0 0 0 0 0 0 a 0 0 a 013 4-13 Iva rate nfa (Va Wa W11 n1a n/a Wa Ala Wa n/a wa W111 rata WS rVa Wa nfa Wa n/a n1a Wo RIA W3 W"t wa n13:. n1a 11"a 0 0 a 0 a 0 0 0 0 0 G 0 a 0 a 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 a 0 0 0 0 0 a 0 0 a 0 0 0 0 a a a 0 a 0 0 0 littp://www,tyendgraphix.coiDIdefault.a.sp 1/19/2010 Fticts and Trends"' Published Jan. 2010" -40 feder 7 Page I of I RM EST-UF YORMIGE F..:,WM THIE ,w- v I MSVIKE FOR SALE SOLD tc -. JGil I 011AVd, ?-06-7 littp://,,vww.trendgraphix.com/default.asp 1/19/2010 -It Lf) to W to N t- co CD 0) (D (D r14 (D (N L0 ("I (D T11 (14 co (14 to C\1 (D N Copy4ht@Tmndgrjphix, 1w 1 month I year 7 years Sep 09 00009 % Change Dec 08 Dec 09 % Change Dec 02 Dec 09 % Change For Sale 65 69 6.2% 104 69 -33.7% 32 69 115.6% Sold a 8 0% 6 33:3% 11 7 Mr/6 Date 12102 6103 12103 6104 12/04 6105 62105 6106 Was, W07 62107 6108 12108 6109 IWOR For Sale 32 35 48 34 31 31 40 so 96 130 129 127 104 79 69 New Listing I I Vs 13 14 10 is 13 20 23 27 22 21 15 12 16 Said 7 8 9 11 7 11 7 7 a 7 5 9 6 9 a Perided 6 9 7 11 5 11 9 7 6 7 5 12 5 10 to M01' on Sold 44 4A 53 3.1 4.4 2.8 6,9 11.4 16 16,6 25,8 19.1 IT3 8.8 OR 001* on Penned 53 3.9 6 9 31 6,2 2A 5,3 11.4 16 18,11 25's 10,6 26.9 7,9 6.9 All' an Sold 21,9 229 1 &.8 314 22,6 35'5 13.6 (La 6,3 SA 3,9 7.1 5'8 11.4 11,6 Won Pended 1818 25,7 14,6 32.4 16,11 35,5 16.8 8.8 15.3 5.4 3,9 9A 4,8 12.7 t4.5 A% Act Price 528 496 634 532 735 861 722 0,42 862 000 695 690 664 567 569 Avg, Sid Price 284 394 382 445 53S 573 494 651 658 843 $73 516 391 487 284 Aug. Sq F1 Price' 150.2 176A 16&5 211.7 232,6 262.6 289,7 297»5 2504 331,3 251.5 203,7 192.7 193,0 167.3 IsPiLp Diff, % 96 94 92 97 u's 97 96 Us 95 95 9a 90 911 90 97 Days on Market 44 01 56 58 66 60 60 65 97 90 136 115 122 119 94 SPIOLP OR % 0 0 0 0 0 95 04 93 94 93 So 82 79 79 80 Aug CDOM 0 0 0 a 0 0 a G 0 0 0 0 0 0 0 Median Price 274 321 369 384 479 476 Sol 560 564 661 479 432 344 390 281 *M01: Months of Inventory littp://,,vww.trendgraphix.com/default.asp 1/19/2010 Wished Jan. 2010** M MI. IMWf 'Y � ,,:I q ZO. rl f 1) C, m 17i 1-t ILI 'T to M 'Y � ,,:I q ZO. rl f 1) littp://kvww.tretidgrapliix.con-ddef-,iull.asp 1/19/2010 m m It 'T to M to CO r- t- m m m 01 to N to IN to N to N 0 N T_ to N I month I year 7 years Sep 09 Dec 09 % Change Dec, 08 Dec 09 % Change Dec 02 Dec 09 % Change Medlin 230 281 344 281 ,R� 274 281 2,6% LY Price 222% -18311,14 Date 12(02 6103 M03 6104 12104 6105 12105 WOO 12M 6107 M07 610a 12r08 6109 1 V09 For Sile 32 35 48 34 31 at 46 00 96 00 129 127 104 79 69 Nom Usung 11 15 13 14 to ts 13 20 23 27 221 21 15 12 16 Sold 7 a 9 11, 7 11 7 7 6 7 5 9 a a a Pended 6 9 7 11 5 11 9 7 6 7 5 12 5 10 10 MOI* on Sold 46 44 51 3,1 44 2,6 60 t14 is 106 25,8 14, t 17,3 all 86 M04' an Pended 53 19 6-9 3,1 62 26 53 114 16 1 GA 25.8 10.0 20's 7,9 6,9 AR* on Sold 21,9 22,9 Me 32,4 224 35,5 WO it 6,3 54 3,9 7.1 5'8 114 Me AR* on Peaded 18,9 257 We 32A tea.! WS 16,11 a'" 6,3 54 3.9 9A 41 121 145 AvQ Act Pk e 520 496 534 532 735 ENO 721 042 862 ace 695 690 664 567 565 A,41 Sid Pme 284 394 M 44S 535 573 4!r4 651 6513 w $73 Ste 391 407 284 A,vg Sq Ft Price 1602 178 4 1605 2117 2326 2626 28917 2975 250.5 3313 251,5 2037 1927 *3 6 1573 MW Diff, % Ra 94 92 97 96 97 96 96 95 95 93 90 91 90 57 Days on Matter 44 81 56 so 66 60 60 65 rt 9B 136 t15 122 119 94 SPIOLP Diff, IYP 0 0 0 95 911 93 94 93 80 82 79 79 89 INVO COOM 0 a 0 0 a 0 0 0 0 0 0 a Mailtarr Price 321 369 384 4 7% 476 Set Wo 564 661 479 432 344 390 OMOI: Mondis of Inventory littp://kvww.tretidgrapliix.con-ddef-,iull.asp 1/19/2010 Facts and Tren&"' Published 201V Location, South'Miaral (MC 0• ) HuniberotHomes For Sale vs. Sold (Oct.2008-Deo.2009) Pews ti ae: so - VM 71 it. SOFT Ranne: 0 - No Limit I 44A SOL'4-At1 VY116Jr""I' ce =FOR SALE SOLD N�� iew., REA" ESTATE MIMI I EE' W M TiM 114SURAU NNNUA _ * L; Copyright (RITmildigraphix, Ino. I tittp://-vvww.trendgrapt-Ax.coin/default.asp 1/19/2010 I month I year Is months Nov 09 Doe 09 % Change Dec 08 Der; 09 Change Oct 08 Del; 09 % Change For Sale 67 71 6%11, 103 71 -31A% 104 71 -31.7%4 Sold 4 16 300% ,1 6 16 166,7% s 16 LOU% Date IQlas $Vas 12108 1109 2109 3109 4109 Soros 6109 7109 alas 9109 10/09 11109 12/09 For $are 104 104 103 97 99 92 87 79 70 64 62 70 69 67 71 New Listing 11 17 is 19 17 19 14 12 to 11 is 22 Is t4 Is Sold 6 5 6 5 5 a to 6 Q a a a 4 4 16 Pended 3 6 5, to 10 a 9 11 it 10 10 a to 11 9 Mon of Inv, on Sold 17.3 20,8 172 19,4 Isla 1,5,3 017 13.2 54 a 7.8 8,8 17,3 Is's 4,4 Man of Inv, on Perided 39.7 17.3 20.6 9.7 9.9 tt's 91 72 SA SA 6.2 &B 6,9 611 7.9 Absorption RC on Sold 5,8 4,0 5,8 52 $1 63 tl.s 7,6 97,1 1215 12.9 11A 5.8 a 225 Absorption Rt ' on 2.9 s.a 4,9 10,3 10.1 8,7 10-3 t3,9 15-7 ISA 16.1 11A 14:5 166 12,7 flooded Avq. Act Price 702 672 618 593 Gas 611 681 553 565 554 664 $68 564 Soo $82 Avg, Sid Price 364 279 611 243 896 614 591 374 45e 155 362 372 267 405 261 Avg. Sq Ft Price 159.9 185.9 231,3 138.1 216.6 227,2 24I-8 tQ316 184 433.4 170,9 1764 162A 217,11 140.9 Sold/ List Dift % 93 96 as as 85 so 89 95 as Be 88 92 96 IGG 97 Days on Market 115 ill 137 41 138 74 Ita 95 135 W 165 129 as 47 108 Sold/069 LP OR % 80 82 75 66 79 47 74 87 79 84 77 82 87 87 go Avg CDOM 0 0 0 0 0 0 0 0 0 a 0 0 0 0 0 Median Price 335 260 422 230 765 594 431 380 360 135 290 258 283 325 270 I tittp://-vvww.trendgrapt-Ax.coin/default.asp 1/19/2010 M� REX ESTATE Facts and Trend F.". w M For Sale Sold Date For Sale New Lisfir Sold FOR SALE SOLD M it 7-108 U09 2fG9 3119 4119 0lUV 011 U fitu U) t* W19`11 I Ill" I ft`v;�` 141"'a M Copy fight a) Trendaraphix, Inc. littp://www.tre 1/1912010 ndgraphix.com/default,asp 1 month 1 Year 16 months Nov 09 Dec 09 % Change Dec 08 Dec 09 % Change Woo Dec g9 % Change a 00 14 i4 4219% 0% 3 200% 3 20001. U 0 3 n/a Was 11100 Mae 1109 2J09 3109 410% 5109 efog 7109 13109 9109 10109 11109 12109 a 11 14 11 i1 7 9 11 9 8 7 a 7 a 2 5 3 1 2 2 2 1 5 1 5 1 1 3 3 0 1 1 2 2 a 2 1 0 1 2 1 1 3 0 1 0 4 3 1 0 a 5 2 3 1 2 2 0 So(d n/a 11 14 5,5 &5 nfa 4.5 11 nfa 1.3 7 4 7 a 2,7 On 'ended n/a 11 ftla 2.8 3,7 7 n/a (Va I's 0 4 75 2,3 14.3 a 25 15 143 4 12-5 37,5 rn Sold a 911 7.1 18.2 18,2 0 22.2 9.1 L on 0 9.1 0 36.4 27.3 14,3 0 0 SS'S 25 42.9 12'5 20,0 25 0 ice 169 169 165 156 178 173 170 160 154 147 134 120 137 124 140 130 ice 0 100 164 159 145 0 Ise 112 0 114 130 117 140 too rice a 94,4 132'8 82,2 105,1 0 125.4 Sal 0 108.4 100,4 69 115.4 Sal 113'6 F.% 0 83 75 as 99 0 too 100 a as 104 96 too as 93 rket 0 190 157 as IDS 0 49 3 G 61 2 134 to 43 as 57 102 Tiff, 0 52 71 74 81 0 97 too 0 86 105 71 101 0 t11 0 Q 0 0 a 145 0 0 0 167 0 112 0 0 a 123 0 130 a 117 0 140 0 too too cc 0 100 164 M littp://www.tre 1/1912010 ndgraphix.com/default,asp Facts and Trendv"" Published 20 .. • rem r rr US, 10108 11108 1 2108 1/119 W09 3109 4f09 5109 W9 hilt ! M9 8109 W9 10/09 11119 1 2109 Copyright t- Tm- ndgcaph x, trio; ^9, m tt Taa m ,iii: 1 year 10108 11108 1 2108 1/119 W09 3109 4f09 5109 W9 hilt ! M9 8109 W9 10/09 11119 1 2109 Copyright t- Tm- ndgcaph x, trio; littp://www.trendgrapliix.com/defatift.asp 1/19/2010 I month 1 year 15 rt orgh Nov 09 Dec 0 % Change Dec 08 Dec 09 % Change Oct 0a Dec 09 % Change Par Sale 28 24 011/0 44 28 -36,4% Ul 43 28 - 34,0% Sishi 2 13 33x.3 " t Q . Date t0108 11108 12700 1109 2109 3109 41'09 5109 6109 7109 8109 9109 10109 11109 12109 For Sato 43 46 44 43 43 44 41 30 32 32 30 32 31 28 20 New Ustnq 5 9 5 6 8 12 9 6 4 7 10 Is t0 8 6 Said _ 5 4 3 3 0 3 3 4 a 2 6 5 3 2, 13 Fended 3 4 3 1 4 4 6 €t 5 6 7 6_. e_ 9 7 Man at Inv an Sold 86 it's 19 7 143 not t4,? 137 9 4 16 5 64 W 14 22 Mott of Inv, an Panned 14.3 14.5 14 7 43 1€F t 1 60 45 64 5,3 43 53 3,9 31 4 A b..arphon ftt an Sall 116 87 6,8 7 a 68 73 t t 1 25 6,3 20 156 97 Ti 4q4 Absaept,an fit on , Panded 7 8:7 68 21 '3 3 9.1 14 6 22 2 15.6 18.S 233 .188 258 321 25 Av .loot Pf ice 360 354 362 367 377 363 3561 355 351 346 354 346 332 336 M2 Avg. Std Ptice 317 324 395 299 0 354 247 358 348 277 335 208 297, 325 291 Avg, Sq Ft Pow 147.6 201 24114 102 0 170 159 1793 1591 106.8 170 1659 1735 198.5 144,5 SakilList Clan. 11. . 93 97 91 91 0 88 91 92 86 92 05 95 95 t08 97 Days an Maikrat 73 89 87 12 0 46 49 135 160 244 t89 1 t4 108 W 119 , Sald7 ng LP Daft, 114 C 46 86 82 `31 0 86 87 81 78 03 73 84 BS., 1013 0 Avg CDO 0 0 0 0 0 0 0 a 0 9 a 0 0, p Median Pnrco 279 395 430 320 0 300 270 380 273 278 298 265 300 325 285 littp://www.trendgrapliix.com/defatift.asp 1/19/2010 Facts and Trends" Published Jan. 2010** Location : South Miami (MC 09) (Oct. 2008 - Dec. 2009) ''Pricer Range: $500,000 -$999,09 SOFT Range: 0- No Limit ,Sim tle Famliv Homes -.ill Pronertres FOR SALE SOLD Page I of I UA: rs'Allf r PafiTSAGE 'Utt NS�1114 Vi iittl),/Iwww,t ndgraphix.cotii/dcra tilt. ,a.sp 1119/2010 10108 11108 121018 1109 2109 N09 Q09 W9 W9 11 9 8109 9/09 10109 liffig 12f09 Copyright 0 Trendqr3phix. Inc. 1 month I year 15 months Nov 09 Dec 09 Change Dec 08 Dec 09 % Change Oct 06 Dec 09 Change For Sale 24 28 16-7% i i 29 28 -3.4%,g 34 28 -101,60% 'Fit Sold 1 0 -100%,R 1 0 100% Sit t 0 -100% 41 Date 10108 11108 12106 1100 2109 3109 •fQ9 51109 aids 7x`09 8109 91,09 Was 11fo5 11,09 For Sale 34 29 29 31 33 29 26 23 20 17 19 22 23 24 28 Now Listing 4 1 5 to 4 2 2 3 1 2 3 7 4 3 a Sold 1 0 1 0 1 2 3 0 1 0 0 1 0 Pended 0 1 0 3 2 1 3 2 1 1 a 1 0 0 2 Von ct (AV an Sold 34 n1a 29 acre 33 14,5 87 23 07 Ala is n/4 AM 24 Wit Mon in lov- on Fended ft/111 29 AM Iola 16'5 219 117 It's 20 17 0,111 22 Wa Ala 14 Abcorpuaft RL on Sold 2,9 0 34 0 3 6,9 it's 43 15 0 5,3 0 0 4 2 0 A61,otpWit Rt, an 0 3.4 Q 07 61 3,4 Ms 87 5 5.9 a 4S 0 0 7.1 Panded tkvg, Act Price 707 704 677 669 076 654 ()so 659 697 735 730 709 69t 699 697 Avg, Sid Price 600 0 $119 0 765 624 605 Too 654 0 755 0 0 870 0 Avq, So FI Price 2040 0 2633 0 263 t 220 3 t97.3 1746 230 , I a *22 0 0 278 0 Sold/List Dift, % 92 0 so a 96 go 90 100 09 a 94 0 0 97 0 Days on Markin 328 0 253 a 111 63 207 26 82 a 184 0 0 114 0 soldfoho LP 00. % 67 0 43 0 as 90 65 100 02 a as a 0 76 0 Avo COOM 0 0 0 a a 0 0 0 0 0 0 0 0 0 0 Median Prim 600 0 519 0 765 624 604 700 640 Q 755 0 0 670 0 iittl),/Iwww,t ndgraphix.cotii/dcra tilt. ,a.sp 1119/2010 Facts and Trendv"" Published Jan, 20101* Location * South Miami (MC 09) *a—bScof Hans.Ext ate vs. Sold (Oct. 2008 - Dec. 2009) p al 0- OEM, FOR SALE SOLD r w M * Copytight 0 Tmndgmphix, too, littl)://Nvk,v,xv.trendgrapliix.com/default.asl) 1/19/2010 I month I year IS months Nov 09 Dec 09 % Change Dec 08 Dec 09 Change Oct 08 Dec 09 % Change For Sale 7 7 01,114 16 7 •56 2% 1j, to 7 -63,2%4 Sold 0 0 Na 1 0 0 % lQ1, 0 0 n/a Date 10100 11108 12108 1109 Vag 3109 44'09 S1145 6109 7,109 eta!) 91,09 10109 11109 1:'UOD For Sale to to 16 12 12 12 t 1 9 9 7 6 a a 7 7 Now Listing 0 2 3 2 3 3 1 2 a 1 0 4 0 0 1 Sold 0 0 1 0 2 1 2 0 1 Q 0 1 0 0 0 Penned a 0 2 2 1 2 0 t 0 1 0 0 0 0 0 Mon of Inv on Sold Vol n/a 16 Ah'i 6 12 55 Wa 9 n1a nra a n1a n/a W1 Lion of Inv an Pended n1a Ina a 6 12 6 Wa 9 n1a 7 Wa Ala fita Wit Wa Absorpton Rt on Sold a 0 63 a 161 63 to 2 a fit a 0 125 0 0 0 Abrairamn Flt on fended a 0 12,5 167 8.3 167 0 11 1 a 14,3 0 a 0 0 0 Av(1.Act Price 1694 1715 1612 tGog 1614 1590 1508 1449 1443 1528 t482 1506 1469 1480 1580 Avg, old Price a a 1200 0 1212 1365 1521 0 1050 0 a 1300 0 0 0 Avq Sit Ft Price 0 0 233,9 0 249 300,6 285-4 a 0 0 0 269,5 0 0 0 SoldiList Diff, % a a 77 0 at BG 96 0 88 0 a as a 0 0 Days on Ma*et. 0 a 155 0 184 102 131 0 95 a 0 195 0 0 0 SoldlOnq LP DO a- 0 67 0 77 so 75 0 75 0 0 83 a 0 0 "wo COOM 0 a 0 0 a 0 a a a a a a 0 0 0 Medmn Pme 0 0 L200 0 1212 1365 152t 0 1050 a 0 1300 0 a 0 littl)://Nvk,v,xv.trendgrapliix.com/default.asl) 1/19/2010