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1 de 20
Ronny Budiutama                                                                                                                                                                            Intero Real Estate
                                                                            Median Sold Price by Month
                                                                       Jul-10 vs. Jul-12: The median sold price is up 2%




                                                                                   Jul-10 vs. Jul-12
                   Jul-10                                           Jul-12                                         Change                                              %
                  775,000                                          791,000                                         16,000                                             +2%


MLS: SFMLS        Period:   2 years (monthly)           Price:   All                         Construction Type:    All            Bedrooms:    All             Bathrooms:       All   Lot Size: All
Property Types:   Residential                                                                                                                                                         Sq Ft:    All
Cities:           San Francisco


Clarus MarketMetrics®                                                                                     1 of 2                                                                                      08/13/2012
                                                Information not guaranteed. © 2012 - 2013 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).




                                                                                                                                                1 of 20
Ronny Budiutama                                                                                                                                                        Intero Real Estate
                                                                    Median Sold Price by Month
                                                             Jul-10 vs. Jul-12: The median sold price is up 2%


Time Period             Median Price            # Units        Average DOM
Jul-12                      791,000                 205                     47
Jun-12                      794,500                 264                     59
May-12                      785,000                 234                     46
Apr-12                      760,000                 220                     53
Mar-12                      715,000                 220                     64
Feb-12                      637,000                 181                     63
Jan-12                      635,000                 128                     81
Dec-11                      610,000                 230                     63
Nov-11                      682,500                 232                     57
Oct-11                      743,000                 201                     54
Sep-11                      653,162                 210                     65
Aug-11                      698,810                 208                     64
Jul-11                      740,000                 203                     61
Jun-11                      744,225                 264                     59
May-11                      710,000                 221                     63
Apr-11                      701,000                 197                     67
Mar-11                      759,500                 216                     65
Feb-11                      625,000                 123                     82
Jan-11                      608,750                 160                     71
Dec-10                      705,000                 231                     66
Nov-10                      755,000                 184                     59
Oct-10                      731,500                 200                     56
Sep-10                      710,000                 175                     59
Aug-10                      716,500                 204                     57
Jul-10                      775,000                 199                     58




Clarus MarketMetrics®                                                                            2 of 2                                                                          08/13/2012
                                       Information not guaranteed. © 2012 - 2013 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).




                                                                                                                                        2 of 20
Ronny Budiutama                                                                                                                                                                                Intero Real Estate
                                                                          Median For Sale vs. Median Sold
                  Jul-10 vs. Jul-12: The median price of for sale properties is up 9% and the median price of sold properties is up 2%




                              Jul-10 vs. Jul-12                                                                                                                         Jul-10 vs. Jul-12
      Jul-10              Jul-12              Change                       %                                                                      Jul-10              Jul-12            Change             %
     724,500             789,000              64,500                      +9%                                                                    775,000             791,000            16,000            +2%


MLS: SFMLS          Period:   2 years (monthly)            Price:   All                        Construction Type:    All             Bedrooms:    All            Bathrooms:       All     Lot Size: All
Property Types:     Residential                                                                                                                                                           Sq Ft:    All
Cities:             San Francisco



Clarus MarketMetrics®                                                                                       1 of 2                                                                                         08/13/2012
                                                  Information not guaranteed. © 2012 - 2013 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).




                                                                                                                                                   3 of 20
Ronny Budiutama                                                                                                                                                   Intero Real Estate
                                                         Median For Sale vs. Median Sold
              Jul-10 vs. Jul-12: The median price of for sale properties is up 9% and the median price of sold properties is up 2%

                           For Sale             # Properties                         Sold                 # Properties                        Price
Time Period                 Median                  For Sale                       Median                        Sold                    Difference
Jul-12                      789,000                       573                     791,000                           205                        2,000
Jun-12                      809,500                       614                     794,500                           264                     -14,999
May-12                      768,000                       693                     785,000                           234                      17,000
Apr-12                      699,900                       697                     760,000                           220                      60,100
Mar-12                      699,000                       728                     715,000                           220                      16,000
Feb-12                      699,000                       683                     637,000                           181                     -62,000
Jan-12                      649,475                       630                     635,000                           128                     -14,475
Dec-11                      659,000                       637                     610,000                           230                     -49,000
Nov-11                      678,000                       829                     682,500                           232                        4,500
Oct-11                      668,000                     1,009                     743,000                           201                      75,000
Sep-11                      673,995                     1,053                     653,162                           210                     -20,833
Aug-11                      650,000                       969                     698,810                           208                      48,810
Jul-11                      659,000                       999                     740,000                           203                      81,000
Jun-11                      676,500                       974                     744,225                           264                      67,725
May-11                      689,000                       912                     710,000                           221                      21,000
Apr-11                      699,000                       922                     701,000                           197                        2,000
Mar-11                      675,000                       918                     759,500                           216                      84,500
Feb-11                      665,000                       819                     625,000                           123                     -40,000
Jan-11                      649,000                       761                     608,750                           160                     -40,250
Dec-10                      659,900                       817                     705,000                           231                      45,100
Nov-10                      699,000                     1,036                     755,000                           184                      56,000
Oct-10                      699,000                     1,151                     731,500                           200                      32,500
Sep-10                      709,000                     1,150                     710,000                           175                        1,000
Aug-10                      687,000                       994                     716,500                           204                      29,500
Jul-10                      724,500                     1,037                     775,000                           199                      50,500




Clarus MarketMetrics®                                                                       2 of 2                                                                          08/13/2012
                                  Information not guaranteed. © 2012 - 2013 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).




                                                                                                                                  4 of 20
Ronny Budiutama                                                                                                                                                                            Intero Real Estate
                                                                                  Sold Properties by Month
                                                                  Jul-10 vs. Jul-12: The number of Sold properties is up 3%




                                                                                    Jul-10 vs. Jul-12
                  Jul-10                                                 Jul-12                                    Change                                              %
                   199                                                    205                                        6                                                +3%


MLS: SFMLS        Period:   2 years (monthly)            Price:    All                       Construction Type:    All             Bedrooms:    All            Bathrooms:       All   Lot Size: All
Property Types:   Residential                                                                                                                                                         Sq Ft:    All
Cities:           San Francisco



Clarus MarketMetrics®                                                                                     1 of 2                                                                                      08/13/2012
                                                Information not guaranteed. © 2012 - 2013 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).




                                                                                                                                                 5 of 20
Ronny Budiutama                                                                                                                                                                      Intero Real Estate
                                                                        Sold Properties by Month
                                                       Jul-10 vs. Jul-12: The number of Sold properties is up 3%


                                       Full Market                                                 Bank Properties                                             Non-Bank Properties
Time Period             # Properties       Median Price         Average DOM              # Properties         % Bank            Median Price            # Properties    % Non-Bank        Median Price
Jul-12                          205              791,000                     47                     40            19.5                383,500                    165          80.5            900,000
Jun-12                          264              794,500                     59                     54            20.4                502,500                    210          79.5            852,500
May-12                          234              785,000                     46                     29            12.4                497,000                    205          87.6            839,000
Apr-12                          220              760,000                     53                     38            17.3                437,000                    182          82.7            803,500
Mar-12                          220              715,000                     64                     52            23.6                465,000                    168          76.4            787,000
Feb-12                          181              637,000                     63                     40            22.1                465,000                    141          77.9            700,000
Jan-12                          128              635,000                     81                     40            31.2                506,500                     88          68.8            729,750
Dec-11                          230              610,000                     63                     47            20.4                471,000                    183          79.6            686,000
Nov-11                          232              682,500                     57                     36            15.5                432,500                    196          84.5            749,750
Oct-11                          201              743,000                     54                     34            16.9                458,500                    167          83.1            792,000
Sep-11                          210              653,162                     65                     48            22.9                450,500                    162          77.1            732,000
Aug-11                          208              698,810                     64                     45            21.6                430,000                    163          78.4            753,500
Jul-11                          203              740,000                     61                     36            17.7                453,000                    167          82.3            842,000
Jun-11                          264              744,225                     59                     44            16.7                459,500                    220          83.3            767,500
May-11                          221              710,000                     63                     47            21.3                452,000                    174          78.7            757,500
Apr-11                          197              701,000                     67                     42            21.3                434,000                    155          78.7            825,000
Mar-11                          216              759,500                     65                     44            20.4                462,500                    172          79.6            811,000
Feb-11                          123              625,000                     82                     41            33.3                500,000                     82          66.7            730,000
Jan-11                          160              608,750                     71                     38            23.8                422,000                    122          76.2            657,500
Dec-10                          231              705,000                     66                     39            16.9                482,500                    192          83.1            777,000
Nov-10                          184              755,000                     59                     25            13.6                450,000                    159          86.4            800,000
Oct-10                          200              731,500                     56                     31            15.5                500,000                    169          84.5            770,000
Sep-10                          175              710,000                     59                     35            20.0                460,000                    140          80.0            752,000
Aug-10                          204              716,500                     57                     34            16.7                473,500                    170          83.3            757,500
Jul-10                          199              775,000                     58                     37            18.6                450,000                    162          81.4            826,000




Clarus MarketMetrics®                                                                             2 of 2                                                                                        08/13/2012
                                        Information not guaranteed. © 2012 - 2013 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).




                                                                                                                                         6 of 20
Ronny Budiutama                                                                                                                                                                            Intero Real Estate
                                                                    Under Contract Properties by Month
                                                     Jul-10 vs. Jul-12: The number of Under Contract properties is up 23%




                                                                                    Jul-10 vs. Jul-12
                  Jul-10                                                Jul-12                                     Change                                              %
                   202                                                   248                                         46                                               +23%


MLS: SFMLS        Period:   2 years (monthly)            Price:   All                        Construction Type:    All             Bedrooms:    All            Bathrooms:       All   Lot Size: All
Property Types:   Residential                                                                                                                                                         Sq Ft:    All
Cities:           San Francisco



Clarus MarketMetrics®                                                                                     1 of 2                                                                                      08/13/2012
                                                Information not guaranteed. © 2012 - 2013 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).




                                                                                                                                                 7 of 20
Ronny Budiutama                                                                                                                                                                      Intero Real Estate
                                                           Under Contract Properties by Month
                                             Jul-10 vs. Jul-12: The number of Under Contract properties is up 23%


                                       Full Market                                                 Bank Properties                                             Non-Bank Properties
Time Period             # Properties       Median Price         Average DOM              # Properties         % Bank            Median Price            # Properties    % Non-Bank        Median Price
Jul-12                          248              718,000                     39                     40            16.1                499,000                    208          83.9            777,000
Jun-12                          213              699,000                     42                     39            18.3                435,000                    174          81.7            799,000
May-12                          279              738,000                     48                     53            19.0                428,000                    226          81.0            804,500
Apr-12                          227              699,000                     47                     44            19.4                493,900                    183          80.6            799,000
Mar-12                          257              715,000                     49                     52            20.2                430,000                    205          79.8            799,000
Feb-12                          214              704,231                     63                     51            23.8                450,000                    163          76.2            775,000
Jan-12                          167              649,000                     67                     47            28.1                420,000                    120          71.9            765,000
Dec-11                          137              599,000                     75                     33            24.1                499,000                    104          75.9            677,000
Nov-11                          216              614,000                     71                     51            23.6                429,000                    165          76.4            699,000
Oct-11                          249              655,000                     67                     60            24.1                468,900                    189          75.9            775,000
Sep-11                          221              699,888                     61                     35            15.8                488,000                    186          84.2            787,000
Aug-11                          216              677,000                     62                     47            21.8                436,000                    169          78.2            738,000
Jul-11                          223              649,888                     57                     48            21.5                434,778                    175          78.5            725,000
Jun-11                          221              699,000                     64                     43            19.5                429,900                    178          80.5            762,000
May-11                          239              725,000                     57                     39            16.3                449,000                    200          83.7            798,000
Apr-11                          214              729,000                     57                     35            16.4                488,000                    179          83.6            788,000
Mar-11                          230              699,000                     68                     63            27.4                439,900                    167          72.6            799,000
Feb-11                          192              739,000                     64                     39            20.3                469,900                    153          79.7            799,000
Jan-11                          149              629,500                     82                     52            34.9                446,200                     97          65.1            699,900
Dec-10                          148              629,500                     80                     42            28.4                416,950                    106          71.6            674,500
Nov-10                          197              748,000                     69                     26            13.2                502,150                    171          86.8            789,000
Oct-10                          210              734,000                     58                     32            15.2                471,700                    178          84.8            798,500
Sep-10                          216              731,500                     56                     39            18.1                480,000                    177          81.9            799,000
Aug-10                          172              671,400                     65                     40            23.3                449,450                    132          76.7            744,000
Jul-10                          202              724,944                     60                     34            16.8                438,000                    168          83.2            799,000




Clarus MarketMetrics®                                                                             2 of 2                                                                                        08/13/2012
                                        Information not guaranteed. © 2012 - 2013 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).




                                                                                                                                         8 of 20
Ronny Budiutama                                                                                                                                                                            Intero Real Estate
                                                                                 New Properties by Month
                                                            Jul-10 vs. Jul-12: The number of New properties is down 27%




                                                                                    Jul-10 vs. Jul-12
                  Jul-10                                                Jul-12                                     Change                                               %
                   316                                                   230                                         -86                                              -27%


MLS: SFMLS        Period:   2 years (monthly)            Price:   All                        Construction Type:    All             Bedrooms:    All            Bathrooms:       All   Lot Size: All
Property Types:   Residential                                                                                                                                                         Sq Ft:    All
Cities:           San Francisco



Clarus MarketMetrics®                                                                                     1 of 2                                                                                      08/13/2012
                                                Information not guaranteed. © 2012 - 2013 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).




                                                                                                                                                 9 of 20
Ronny Budiutama                                                                                                                                                                   Intero Real Estate
                                                                       New Properties by Month
                                                   Jul-10 vs. Jul-12: The number of New properties is down 27%


                            Full Market                                    Bank Properties                                             Non-Bank Properties
Time Period             # Properties      Median Price            # Properties         % Bank             Median Price          # Properties       % Non-Bank          Median Price
Jul-12                          230             699,000                     31            13.5                498,000                     199               86.5           749,000
Jun-12                          252             829,000                     29            11.5                450,000                     223               88.5           849,000
May-12                          262             837,000                     42            16.0                444,000                     220               84.0           949,000
Apr-12                          267             720,000                     48            18.0                493,900                     219               82.0           799,000
Mar-12                          297             725,000                     49            16.5                431,700                     248               83.5           818,500
Feb-12                          262             749,000                     51            19.5                424,900                     211               80.5           830,000
Jan-12                          248             675,000                     61            24.6                415,000                     187               75.4           788,417
Dec-11                          121             559,900                     47            38.8                474,900                      74               61.2           644,000
Nov-11                          151             678,000                     39            25.8                459,999                     112               74.2           749,500
Oct-11                          260             678,500                     52            20.0                402,375                     208               80.0           727,500
Sep-11                          397             735,000                     74            18.6                462,450                     323               81.4           798,000
Aug-11                          289             649,000                     58            20.1                468,900                     231               79.9           715,000
Jul-11                          330             692,000                     62            18.8                492,450                     268               81.2           738,500
Jun-11                          349             698,000                     78            22.4                430,550                     271               77.7           775,000
May-11                          279             699,000                     65            23.3                430,000                     214               76.7           761,500
Apr-11                          293             779,000                     43            14.7                475,000                     250               85.3           849,500
Mar-11                          345             699,000                     75            21.7                439,900                     270               78.3           798,500
Feb-11                          287             690,000                     72            25.1                450,550                     215               74.9           799,000
Jan-11                          274             686,500                     69            25.2                467,500                     205               74.8           750,000
Dec-10                          103             560,000                     46            44.7                494,450                      57               55.3           695,000
Nov-10                          198             656,944                     64            32.3                414,800                     134               67.7           797,000
Oct-10                          320             699,500                     44            13.8                467,450                     276               86.2           768,500
Sep-10                          458             799,000                     63            13.8                460,900                     395               86.2           849,000
Aug-10                          277             650,000                     54            19.5                444,750                     223               80.5           699,000
Jul-10                          316             699,000                     63            19.9                479,400                     253               80.1           749,000




Clarus MarketMetrics®                                                                            2 of 2                                                                                     08/13/2012
                                       Information not guaranteed. © 2012 - 2013 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).




                                                                                                                                       10 of 20
Ronny Budiutama                                                                                                                                                                            Intero Real Estate
                                                                            For Sale Properties by Month
                                                         Jul-10 vs. Jul-12: The number of For Sale properties is down 45%




                                                                                    Jul-10 vs. Jul-12
                  Jul-10                                                Jul-12                                     Change                                               %
                  1,037                                                  573                                        -464                                              -45%


MLS: SFMLS        Period:   2 years (monthly)            Price:   All                        Construction Type:    All             Bedrooms:    All            Bathrooms:       All   Lot Size: All
Property Types:   Residential                                                                                                                                                         Sq Ft:    All
Cities:           San Francisco



Clarus MarketMetrics®                                                                                     1 of 2                                                                                      08/13/2012
                                                Information not guaranteed. © 2012 - 2013 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).




                                                                                                                                                11 of 20
Ronny Budiutama                                                                                                                                                                      Intero Real Estate
                                                                   For Sale Properties by Month
                                                 Jul-10 vs. Jul-12: The number of For Sale properties is down 45%


                                       Full Market                                                 Bank Properties                                             Non-Bank Properties
Time Period             # Properties       Median Price         Average DOM              # Properties         % Bank            Median Price            # Properties    % Non-Bank        Median Price
Jul-12                          573              789,000                     60                     83            14.5                484,000                    490          85.5            884,000
Jun-12                          614              809,500                     63                   104             16.9                450,000                    510          83.1            925,000
May-12                          693              768,000                     67                   146             21.1                452,250                    547          78.9            899,000
Apr-12                          697              699,900                     68                   158             22.7                466,944                    539          77.3            825,000
Mar-12                          728              699,000                     69                   172             23.6                449,700                    556          76.4            799,000
Feb-12                          683              699,000                     79                   189             27.7                450,000                    494          72.3            799,000
Jan-12                          630              649,475                     90                   197             31.3                450,000                    433          68.7            775,000
Dec-11                          637              659,000                    107                   189             29.7                470,000                    448          70.3            749,000
Nov-11                          829              678,000                     93                   213             25.7                459,000                    616          74.3            749,500
Oct-11                        1,009              668,000                     80                   256             25.4                456,400                    753          74.6            749,000
Sep-11                        1,053              673,995                     74                   261             24.8                467,900                    792          75.2            759,000
Aug-11                          969              650,000                     80                   256             26.4                456,950                    713          73.6            749,000
Jul-11                          999              659,000                     76                   267             26.7                449,900                    732          73.3            754,500
Jun-11                          974              676,500                     77                   264             27.1                435,000                    710          72.9            785,500
May-11                          912              689,000                     77                   232             25.4                446,944                    680          74.6            799,000
Apr-11                          922              699,000                     74                   222             24.1                449,925                    700          75.9            799,000
Mar-11                          918              675,000                     73                   258             28.1                448,944                    660          71.9            795,000
Feb-11                          819              665,000                     80                   238             29.1                454,600                    581          70.9            795,000
Jan-11                          761              649,000                     93                   234             30.8                449,925                    527          69.2            770,000
Dec-10                          817              659,900                    104                   231             28.3                435,000                    586          71.7            779,000
Nov-10                        1,036              699,000                     86                   233             22.5                439,900                    803          77.5            789,000
Oct-10                        1,151              699,000                     73                   215             18.7                450,000                    936          81.3            779,000
Sep-10                        1,150              709,000                     68                   229             19.9                460,900                    921          80.1            789,000
Aug-10                          994              687,000                     77                   235             23.6                459,000                    759          76.4            750,000
Jul-10                        1,037              724,500                     73                   233             22.5                469,965                    804          77.5            799,000




Clarus MarketMetrics®                                                                             2 of 2                                                                                        08/13/2012
                                        Information not guaranteed. © 2012 - 2013 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).




                                                                                                                                        12 of 20
Ronny Budiutama                                                                                                                                                                            Intero Real Estate
                                                                             Expired Properties by Month
                                                         Jul-10 vs. Jul-12: The number of Expired properties is down 53%




                                                                                    Jul-10 vs. Jul-12
                  Jul-10                                                Jul-12                                     Change                                               %
                   118                                                    55                                         -63                                              -53%


MLS: SFMLS        Period:   2 years (monthly)            Price:   All                        Construction Type:    All             Bedrooms:    All            Bathrooms:       All   Lot Size: All
Property Types:   Residential                                                                                                                                                         Sq Ft:    All
Cities:           San Francisco



Clarus MarketMetrics®                                                                                     1 of 2                                                                                      08/13/2012
                                                Information not guaranteed. © 2012 - 2013 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).




                                                                                                                                                13 of 20
Ronny Budiutama                                                                                                                                                                      Intero Real Estate
                                                                    Expired Properties by Month
                                                 Jul-10 vs. Jul-12: The number of Expired properties is down 53%


                                       Full Market                                                 Bank Properties                                             Non-Bank Properties
Time Period             # Properties      Median Price          Average DOM             # Properties          % Bank           Median Price            # Properties     % Non-Bank       Median Price
Jul-12                           55           1,499,990                      88                     11            20.0                470,000                     44          80.0          1,697,000
Jun-12                           58              899,000                     71                     13            22.4                420,000                     45          77.6          1,098,000
May-12                           52              688,500                     70                     18            34.6                454,750                     34          65.4           898,500
Apr-12                           39              699,000                     84                     10            25.6                493,000                     29          74.4           790,000
Mar-12                           41              675,000                     92                     10            24.4                462,500                     31          75.6           729,000
Feb-12                           38              649,500                    122                     15            39.5                484,950                     23          60.5           949,000
Jan-12                           42              599,450                    120                     12            28.6                444,500                     30          71.4           799,000
Dec-11                          118              772,500                    114                     20            16.9                489,000                     98          83.0           849,500
Nov-11                           97              679,000                     97                     20            20.6                454,500                     77          79.4           764,000
Oct-11                           82              629,250                    101                     22            26.8                449,500                     60          73.2           723,000
Sep-11                           83              669,000                    105                     22            26.5                402,500                     61          73.5           738,000
Aug-11                           97              770,000                     92                     22            22.7                449,419                     75          77.3           799,950
Jul-11                           96              699,475                     92                     21            21.9                435,000                     75          78.1           786,000
Jun-11                           84              769,000                    109                     16            19.1                404,500                     68          81.0           849,500
May-11                           48              784,000                    108                      7            14.6                434,900                     41          85.4           850,000
Apr-11                           75              685,000                    114                     20            26.7                425,000                     55          73.3           788,000
Mar-11                           59              670,000                    108                     16            27.1                524,500                     43          72.9           729,000
Feb-11                           54              622,000                    116                     16            29.6                479,500                     38          70.4           799,000
Jan-11                           80              699,000                    119                     16            20.0                409,500                     64          80.0           779,000
Dec-10                          182              799,000                    115                     24            13.2                421,000                    158          86.8           843,500
Nov-10                          125              738,000                    108                     22            17.6                488,500                    103          82.4           789,000
Oct-10                          103              695,000                     95                     14            13.6                446,000                     89          86.4           729,000
Sep-10                          103              749,000                    107                     19            18.4                569,000                     84          81.5           750,000
Aug-10                          130              799,000                    101                     29            22.3                479,900                    101          77.7           899,000
Jul-10                          118              848,500                     89                     18            15.2                468,700                    100          84.8           897,500




Clarus MarketMetrics®                                                                             2 of 2                                                                                        08/13/2012
                                        Information not guaranteed. © 2012 - 2013 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).




                                                                                                                                        14 of 20
Ronny Budiutama                                                                                                                                                                              Intero Real Estate
                                                                               Supply & Demand by Month
                   Jul-10 vs. Jul-12: The number of for sale properties is down 45% and the number of sold properties is up 3%




                            Jul-10 vs. Jul-12                                                                                                                         Jul-10 vs. Jul-12
      Jul-10            Jul-12              Change                        %                                                                    Jul-10               Jul-12            Change             %
      1,037              573                 -464                       -45%                                                                    199                  205                6               +3%


MLS: SFMLS        Period:   2 years (monthly)            Price:   All                        Construction Type:    All             Bedrooms:    All            Bathrooms:       All     Lot Size: All
Property Types:   Residential                                                                                                                                                           Sq Ft:    All
Cities:           San Francisco



Clarus MarketMetrics®                                                                                     1 of 2                                                                                         08/13/2012
                                                Information not guaranteed. © 2012 - 2013 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).




                                                                                                                                                15 of 20
Ronny Budiutama                                                                                                                                                     Intero Real Estate
                                                                Supply & Demand by Month
                  Jul-10 vs. Jul-12: The number of for sale properties is down 45% and the number of sold properties is up 3%

                         # Properties           Average DOM                    # Properties               Average DOM
Time Period                  For Sale                For Sale                         Sold                        Sold
Jul-12                           573                          60                         205                           47
Jun-12                           614                          63                         264                           59
May-12                           693                          67                         234                           46
Apr-12                           697                          68                         220                           53
Mar-12                           728                          69                         220                           64
Feb-12                           683                          79                         181                           63
Jan-12                           630                          90                         128                           81
Dec-11                           637                        107                          230                           63
Nov-11                           829                          93                         232                           57
Oct-11                         1,009                          80                         201                           54
Sep-11                         1,053                          74                         210                           65
Aug-11                           969                          80                         208                           64
Jul-11                           999                          76                         203                           61
Jun-11                           974                          77                         264                           59
May-11                           912                          77                         221                           63
Apr-11                           922                          74                         197                           67
Mar-11                           918                          73                         216                           65
Feb-11                           819                          80                         123                           82
Jan-11                           761                          93                         160                           71
Dec-10                           817                        104                          231                           66
Nov-10                         1,036                          86                         184                           59
Oct-10                         1,151                          73                         200                           56
Sep-10                         1,150                          68                         175                           59
Aug-10                           994                          77                         204                           57
Jul-10                         1,037                          73                         199                           58




Clarus MarketMetrics®                                                                          2 of 2                                                                         08/13/2012
                                    Information not guaranteed. © 2012 - 2013 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).




                                                                                                                                   16 of 20
Ronny Budiutama                                                                                                                                                                            Intero Real Estate
                                                                  The Average Days on Market by Month
                                                             Jul-10 vs. Jul-12: The average days on market is down 36%




                                                                                    Jul-10 vs. Jul-12
                  Jul-10                                                Jul-12                                     Change                                               %
                    60                                                    39                                         -22                                              -36%


MLS: SFMLS        Period:   2 years (monthly)            Price:   All                        Construction Type:    All             Bedrooms:    All            Bathrooms:       All   Lot Size: All
Property Types:   Residential                                                                                                                                                         Sq Ft:    All
Cities:           San Francisco



Clarus MarketMetrics®                                                                                     1 of 2                                                                                      08/13/2012
                                                Information not guaranteed. © 2012 - 2013 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).




                                                                                                                                                17 of 20
Ronny Budiutama                                                                                                                                                       Intero Real Estate
                                                      The Average Days on Market by Month
                                                   Jul-10 vs. Jul-12: The average days on market is down 36%


Time Period             Average DOM       # UC Units
Jul-12                           39               248
Jun-12                           42               213
May-12                           48               279
Apr-12                           47               227
Mar-12                           49               257
Feb-12                           63               214
Jan-12                           67               167
Dec-11                           75               137
Nov-11                           71               216
Oct-11                           67               249
Sep-11                           61               221
Aug-11                           62               216
Jul-11                           57               223
Jun-11                           64               221
May-11                           57               239
Apr-11                           57               214
Mar-11                           68               230
Feb-11                           64               192
Jan-11                           82               149
Dec-10                           80               148
Nov-10                           69               197
Oct-10                           58               210
Sep-10                           56               216
Aug-10                           65               172
Jul-10                           60               202




Clarus MarketMetrics®                                                                           2 of 2                                                                          08/13/2012
                                      Information not guaranteed. © 2012 - 2013 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).




                                                                                                                                      18 of 20
Ronny Budiutama                                                                                                                                                                            Intero Real Estate
                                                                             Months Supply of Inventory
                                                   Jul-10 vs. Jul-12: The average months supply of inventory is down 69%




                                                                                   Jul-10 vs. Jul-12
                  Jul-10                                               Jul-12                                      Change                                               %
                   3.5                                                  1.1                                         -2.5                                              -69%


MLS: SFMLS        Period:   2 years (monthly)           Price:   All                         Construction Type:    All            Bedrooms:    All             Bathrooms:       All   Lot Size: All
Property Types:   Residential                                                                                                                                                         Sq Ft:    All
Cities:           San Francisco


Clarus MarketMetrics®                                                                                     1 of 2                                                                                      08/13/2012
                                                Information not guaranteed. © 2012 - 2013 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).




                                                                                                                                               19 of 20
Ronny Budiutama                                                                                                                                                          Intero Real Estate
                                                                      Months Supply of Inventory
                                             Jul-10 vs. Jul-12: The average months supply of inventory is down 69%

                          # Units For Sale       # UC Units                                   UC Average
Time Period             Last Day of Month      During Month                      MSI                DOM
Jul-12                      270                            248                    1.1                       39
Jun-12                      343                            213                    1.6                       42
May-12                      362                            279                    1.3                       48
Apr-12                      431                            227                    1.9                       47
Mar-12                      430                            257                    1.7                       49
Feb-12                      431                            214                    2.0                       63
Jan-12                      421                            167                    2.5                       67
Dec-11                      382                            137                    2.8                       75
Nov-11                      516                            216                    2.4                       71
Oct-11                      678                            249                    2.7                       67
Sep-11                      749                            221                    3.4                       61
Aug-11                      656                            216                    3.0                       62
Jul-11                      680                            223                    3.0                       57
Jun-11                      669                            221                    3.0                       64
May-11                      625                            239                    2.6                       57
Apr-11                      633                            214                    3.0                       57
Mar-11                      629                            230                    2.7                       68
Feb-11                      573                            192                    3.0                       64
Jan-11                      532                            149                    3.6                       82
Dec-10                      487                            148                    3.3                       80
Nov-10                      714                            197                    3.6                       69
Oct-10                      838                            210                    4.0                       58
Sep-10                      831                            216                    3.8                       56
Aug-10                      692                            172                    4.0                       65
Jul-10                      717                            202                    3.5                       60




Clarus MarketMetrics®                                                                              2 of 2                                                                          08/13/2012
                                         Information not guaranteed. © 2012 - 2013 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).




                                                                                                                                        20 of 20

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San Francisco Residential Market July 2010 - July 2012

  • 1. Ronny Budiutama Intero Real Estate Median Sold Price by Month Jul-10 vs. Jul-12: The median sold price is up 2% Jul-10 vs. Jul-12 Jul-10 Jul-12 Change % 775,000 791,000 16,000 +2% MLS: SFMLS Period: 2 years (monthly) Price: All Construction Type: All Bedrooms: All Bathrooms: All Lot Size: All Property Types: Residential Sq Ft: All Cities: San Francisco Clarus MarketMetrics® 1 of 2 08/13/2012 Information not guaranteed. © 2012 - 2013 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td). 1 of 20
  • 2. Ronny Budiutama Intero Real Estate Median Sold Price by Month Jul-10 vs. Jul-12: The median sold price is up 2% Time Period Median Price # Units Average DOM Jul-12 791,000 205 47 Jun-12 794,500 264 59 May-12 785,000 234 46 Apr-12 760,000 220 53 Mar-12 715,000 220 64 Feb-12 637,000 181 63 Jan-12 635,000 128 81 Dec-11 610,000 230 63 Nov-11 682,500 232 57 Oct-11 743,000 201 54 Sep-11 653,162 210 65 Aug-11 698,810 208 64 Jul-11 740,000 203 61 Jun-11 744,225 264 59 May-11 710,000 221 63 Apr-11 701,000 197 67 Mar-11 759,500 216 65 Feb-11 625,000 123 82 Jan-11 608,750 160 71 Dec-10 705,000 231 66 Nov-10 755,000 184 59 Oct-10 731,500 200 56 Sep-10 710,000 175 59 Aug-10 716,500 204 57 Jul-10 775,000 199 58 Clarus MarketMetrics® 2 of 2 08/13/2012 Information not guaranteed. © 2012 - 2013 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td). 2 of 20
  • 3. Ronny Budiutama Intero Real Estate Median For Sale vs. Median Sold Jul-10 vs. Jul-12: The median price of for sale properties is up 9% and the median price of sold properties is up 2% Jul-10 vs. Jul-12 Jul-10 vs. Jul-12 Jul-10 Jul-12 Change % Jul-10 Jul-12 Change % 724,500 789,000 64,500 +9% 775,000 791,000 16,000 +2% MLS: SFMLS Period: 2 years (monthly) Price: All Construction Type: All Bedrooms: All Bathrooms: All Lot Size: All Property Types: Residential Sq Ft: All Cities: San Francisco Clarus MarketMetrics® 1 of 2 08/13/2012 Information not guaranteed. © 2012 - 2013 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td). 3 of 20
  • 4. Ronny Budiutama Intero Real Estate Median For Sale vs. Median Sold Jul-10 vs. Jul-12: The median price of for sale properties is up 9% and the median price of sold properties is up 2% For Sale # Properties Sold # Properties Price Time Period Median For Sale Median Sold Difference Jul-12 789,000 573 791,000 205 2,000 Jun-12 809,500 614 794,500 264 -14,999 May-12 768,000 693 785,000 234 17,000 Apr-12 699,900 697 760,000 220 60,100 Mar-12 699,000 728 715,000 220 16,000 Feb-12 699,000 683 637,000 181 -62,000 Jan-12 649,475 630 635,000 128 -14,475 Dec-11 659,000 637 610,000 230 -49,000 Nov-11 678,000 829 682,500 232 4,500 Oct-11 668,000 1,009 743,000 201 75,000 Sep-11 673,995 1,053 653,162 210 -20,833 Aug-11 650,000 969 698,810 208 48,810 Jul-11 659,000 999 740,000 203 81,000 Jun-11 676,500 974 744,225 264 67,725 May-11 689,000 912 710,000 221 21,000 Apr-11 699,000 922 701,000 197 2,000 Mar-11 675,000 918 759,500 216 84,500 Feb-11 665,000 819 625,000 123 -40,000 Jan-11 649,000 761 608,750 160 -40,250 Dec-10 659,900 817 705,000 231 45,100 Nov-10 699,000 1,036 755,000 184 56,000 Oct-10 699,000 1,151 731,500 200 32,500 Sep-10 709,000 1,150 710,000 175 1,000 Aug-10 687,000 994 716,500 204 29,500 Jul-10 724,500 1,037 775,000 199 50,500 Clarus MarketMetrics® 2 of 2 08/13/2012 Information not guaranteed. © 2012 - 2013 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td). 4 of 20
  • 5. Ronny Budiutama Intero Real Estate Sold Properties by Month Jul-10 vs. Jul-12: The number of Sold properties is up 3% Jul-10 vs. Jul-12 Jul-10 Jul-12 Change % 199 205 6 +3% MLS: SFMLS Period: 2 years (monthly) Price: All Construction Type: All Bedrooms: All Bathrooms: All Lot Size: All Property Types: Residential Sq Ft: All Cities: San Francisco Clarus MarketMetrics® 1 of 2 08/13/2012 Information not guaranteed. © 2012 - 2013 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td). 5 of 20
  • 6. Ronny Budiutama Intero Real Estate Sold Properties by Month Jul-10 vs. Jul-12: The number of Sold properties is up 3% Full Market Bank Properties Non-Bank Properties Time Period # Properties Median Price Average DOM # Properties % Bank Median Price # Properties % Non-Bank Median Price Jul-12 205 791,000 47 40 19.5 383,500 165 80.5 900,000 Jun-12 264 794,500 59 54 20.4 502,500 210 79.5 852,500 May-12 234 785,000 46 29 12.4 497,000 205 87.6 839,000 Apr-12 220 760,000 53 38 17.3 437,000 182 82.7 803,500 Mar-12 220 715,000 64 52 23.6 465,000 168 76.4 787,000 Feb-12 181 637,000 63 40 22.1 465,000 141 77.9 700,000 Jan-12 128 635,000 81 40 31.2 506,500 88 68.8 729,750 Dec-11 230 610,000 63 47 20.4 471,000 183 79.6 686,000 Nov-11 232 682,500 57 36 15.5 432,500 196 84.5 749,750 Oct-11 201 743,000 54 34 16.9 458,500 167 83.1 792,000 Sep-11 210 653,162 65 48 22.9 450,500 162 77.1 732,000 Aug-11 208 698,810 64 45 21.6 430,000 163 78.4 753,500 Jul-11 203 740,000 61 36 17.7 453,000 167 82.3 842,000 Jun-11 264 744,225 59 44 16.7 459,500 220 83.3 767,500 May-11 221 710,000 63 47 21.3 452,000 174 78.7 757,500 Apr-11 197 701,000 67 42 21.3 434,000 155 78.7 825,000 Mar-11 216 759,500 65 44 20.4 462,500 172 79.6 811,000 Feb-11 123 625,000 82 41 33.3 500,000 82 66.7 730,000 Jan-11 160 608,750 71 38 23.8 422,000 122 76.2 657,500 Dec-10 231 705,000 66 39 16.9 482,500 192 83.1 777,000 Nov-10 184 755,000 59 25 13.6 450,000 159 86.4 800,000 Oct-10 200 731,500 56 31 15.5 500,000 169 84.5 770,000 Sep-10 175 710,000 59 35 20.0 460,000 140 80.0 752,000 Aug-10 204 716,500 57 34 16.7 473,500 170 83.3 757,500 Jul-10 199 775,000 58 37 18.6 450,000 162 81.4 826,000 Clarus MarketMetrics® 2 of 2 08/13/2012 Information not guaranteed. © 2012 - 2013 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td). 6 of 20
  • 7. Ronny Budiutama Intero Real Estate Under Contract Properties by Month Jul-10 vs. Jul-12: The number of Under Contract properties is up 23% Jul-10 vs. Jul-12 Jul-10 Jul-12 Change % 202 248 46 +23% MLS: SFMLS Period: 2 years (monthly) Price: All Construction Type: All Bedrooms: All Bathrooms: All Lot Size: All Property Types: Residential Sq Ft: All Cities: San Francisco Clarus MarketMetrics® 1 of 2 08/13/2012 Information not guaranteed. © 2012 - 2013 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td). 7 of 20
  • 8. Ronny Budiutama Intero Real Estate Under Contract Properties by Month Jul-10 vs. Jul-12: The number of Under Contract properties is up 23% Full Market Bank Properties Non-Bank Properties Time Period # Properties Median Price Average DOM # Properties % Bank Median Price # Properties % Non-Bank Median Price Jul-12 248 718,000 39 40 16.1 499,000 208 83.9 777,000 Jun-12 213 699,000 42 39 18.3 435,000 174 81.7 799,000 May-12 279 738,000 48 53 19.0 428,000 226 81.0 804,500 Apr-12 227 699,000 47 44 19.4 493,900 183 80.6 799,000 Mar-12 257 715,000 49 52 20.2 430,000 205 79.8 799,000 Feb-12 214 704,231 63 51 23.8 450,000 163 76.2 775,000 Jan-12 167 649,000 67 47 28.1 420,000 120 71.9 765,000 Dec-11 137 599,000 75 33 24.1 499,000 104 75.9 677,000 Nov-11 216 614,000 71 51 23.6 429,000 165 76.4 699,000 Oct-11 249 655,000 67 60 24.1 468,900 189 75.9 775,000 Sep-11 221 699,888 61 35 15.8 488,000 186 84.2 787,000 Aug-11 216 677,000 62 47 21.8 436,000 169 78.2 738,000 Jul-11 223 649,888 57 48 21.5 434,778 175 78.5 725,000 Jun-11 221 699,000 64 43 19.5 429,900 178 80.5 762,000 May-11 239 725,000 57 39 16.3 449,000 200 83.7 798,000 Apr-11 214 729,000 57 35 16.4 488,000 179 83.6 788,000 Mar-11 230 699,000 68 63 27.4 439,900 167 72.6 799,000 Feb-11 192 739,000 64 39 20.3 469,900 153 79.7 799,000 Jan-11 149 629,500 82 52 34.9 446,200 97 65.1 699,900 Dec-10 148 629,500 80 42 28.4 416,950 106 71.6 674,500 Nov-10 197 748,000 69 26 13.2 502,150 171 86.8 789,000 Oct-10 210 734,000 58 32 15.2 471,700 178 84.8 798,500 Sep-10 216 731,500 56 39 18.1 480,000 177 81.9 799,000 Aug-10 172 671,400 65 40 23.3 449,450 132 76.7 744,000 Jul-10 202 724,944 60 34 16.8 438,000 168 83.2 799,000 Clarus MarketMetrics® 2 of 2 08/13/2012 Information not guaranteed. © 2012 - 2013 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td). 8 of 20
  • 9. Ronny Budiutama Intero Real Estate New Properties by Month Jul-10 vs. Jul-12: The number of New properties is down 27% Jul-10 vs. Jul-12 Jul-10 Jul-12 Change % 316 230 -86 -27% MLS: SFMLS Period: 2 years (monthly) Price: All Construction Type: All Bedrooms: All Bathrooms: All Lot Size: All Property Types: Residential Sq Ft: All Cities: San Francisco Clarus MarketMetrics® 1 of 2 08/13/2012 Information not guaranteed. © 2012 - 2013 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td). 9 of 20
  • 10. Ronny Budiutama Intero Real Estate New Properties by Month Jul-10 vs. Jul-12: The number of New properties is down 27% Full Market Bank Properties Non-Bank Properties Time Period # Properties Median Price # Properties % Bank Median Price # Properties % Non-Bank Median Price Jul-12 230 699,000 31 13.5 498,000 199 86.5 749,000 Jun-12 252 829,000 29 11.5 450,000 223 88.5 849,000 May-12 262 837,000 42 16.0 444,000 220 84.0 949,000 Apr-12 267 720,000 48 18.0 493,900 219 82.0 799,000 Mar-12 297 725,000 49 16.5 431,700 248 83.5 818,500 Feb-12 262 749,000 51 19.5 424,900 211 80.5 830,000 Jan-12 248 675,000 61 24.6 415,000 187 75.4 788,417 Dec-11 121 559,900 47 38.8 474,900 74 61.2 644,000 Nov-11 151 678,000 39 25.8 459,999 112 74.2 749,500 Oct-11 260 678,500 52 20.0 402,375 208 80.0 727,500 Sep-11 397 735,000 74 18.6 462,450 323 81.4 798,000 Aug-11 289 649,000 58 20.1 468,900 231 79.9 715,000 Jul-11 330 692,000 62 18.8 492,450 268 81.2 738,500 Jun-11 349 698,000 78 22.4 430,550 271 77.7 775,000 May-11 279 699,000 65 23.3 430,000 214 76.7 761,500 Apr-11 293 779,000 43 14.7 475,000 250 85.3 849,500 Mar-11 345 699,000 75 21.7 439,900 270 78.3 798,500 Feb-11 287 690,000 72 25.1 450,550 215 74.9 799,000 Jan-11 274 686,500 69 25.2 467,500 205 74.8 750,000 Dec-10 103 560,000 46 44.7 494,450 57 55.3 695,000 Nov-10 198 656,944 64 32.3 414,800 134 67.7 797,000 Oct-10 320 699,500 44 13.8 467,450 276 86.2 768,500 Sep-10 458 799,000 63 13.8 460,900 395 86.2 849,000 Aug-10 277 650,000 54 19.5 444,750 223 80.5 699,000 Jul-10 316 699,000 63 19.9 479,400 253 80.1 749,000 Clarus MarketMetrics® 2 of 2 08/13/2012 Information not guaranteed. © 2012 - 2013 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td). 10 of 20
  • 11. Ronny Budiutama Intero Real Estate For Sale Properties by Month Jul-10 vs. Jul-12: The number of For Sale properties is down 45% Jul-10 vs. Jul-12 Jul-10 Jul-12 Change % 1,037 573 -464 -45% MLS: SFMLS Period: 2 years (monthly) Price: All Construction Type: All Bedrooms: All Bathrooms: All Lot Size: All Property Types: Residential Sq Ft: All Cities: San Francisco Clarus MarketMetrics® 1 of 2 08/13/2012 Information not guaranteed. © 2012 - 2013 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td). 11 of 20
  • 12. Ronny Budiutama Intero Real Estate For Sale Properties by Month Jul-10 vs. Jul-12: The number of For Sale properties is down 45% Full Market Bank Properties Non-Bank Properties Time Period # Properties Median Price Average DOM # Properties % Bank Median Price # Properties % Non-Bank Median Price Jul-12 573 789,000 60 83 14.5 484,000 490 85.5 884,000 Jun-12 614 809,500 63 104 16.9 450,000 510 83.1 925,000 May-12 693 768,000 67 146 21.1 452,250 547 78.9 899,000 Apr-12 697 699,900 68 158 22.7 466,944 539 77.3 825,000 Mar-12 728 699,000 69 172 23.6 449,700 556 76.4 799,000 Feb-12 683 699,000 79 189 27.7 450,000 494 72.3 799,000 Jan-12 630 649,475 90 197 31.3 450,000 433 68.7 775,000 Dec-11 637 659,000 107 189 29.7 470,000 448 70.3 749,000 Nov-11 829 678,000 93 213 25.7 459,000 616 74.3 749,500 Oct-11 1,009 668,000 80 256 25.4 456,400 753 74.6 749,000 Sep-11 1,053 673,995 74 261 24.8 467,900 792 75.2 759,000 Aug-11 969 650,000 80 256 26.4 456,950 713 73.6 749,000 Jul-11 999 659,000 76 267 26.7 449,900 732 73.3 754,500 Jun-11 974 676,500 77 264 27.1 435,000 710 72.9 785,500 May-11 912 689,000 77 232 25.4 446,944 680 74.6 799,000 Apr-11 922 699,000 74 222 24.1 449,925 700 75.9 799,000 Mar-11 918 675,000 73 258 28.1 448,944 660 71.9 795,000 Feb-11 819 665,000 80 238 29.1 454,600 581 70.9 795,000 Jan-11 761 649,000 93 234 30.8 449,925 527 69.2 770,000 Dec-10 817 659,900 104 231 28.3 435,000 586 71.7 779,000 Nov-10 1,036 699,000 86 233 22.5 439,900 803 77.5 789,000 Oct-10 1,151 699,000 73 215 18.7 450,000 936 81.3 779,000 Sep-10 1,150 709,000 68 229 19.9 460,900 921 80.1 789,000 Aug-10 994 687,000 77 235 23.6 459,000 759 76.4 750,000 Jul-10 1,037 724,500 73 233 22.5 469,965 804 77.5 799,000 Clarus MarketMetrics® 2 of 2 08/13/2012 Information not guaranteed. © 2012 - 2013 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td). 12 of 20
  • 13. Ronny Budiutama Intero Real Estate Expired Properties by Month Jul-10 vs. Jul-12: The number of Expired properties is down 53% Jul-10 vs. Jul-12 Jul-10 Jul-12 Change % 118 55 -63 -53% MLS: SFMLS Period: 2 years (monthly) Price: All Construction Type: All Bedrooms: All Bathrooms: All Lot Size: All Property Types: Residential Sq Ft: All Cities: San Francisco Clarus MarketMetrics® 1 of 2 08/13/2012 Information not guaranteed. © 2012 - 2013 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td). 13 of 20
  • 14. Ronny Budiutama Intero Real Estate Expired Properties by Month Jul-10 vs. Jul-12: The number of Expired properties is down 53% Full Market Bank Properties Non-Bank Properties Time Period # Properties Median Price Average DOM # Properties % Bank Median Price # Properties % Non-Bank Median Price Jul-12 55 1,499,990 88 11 20.0 470,000 44 80.0 1,697,000 Jun-12 58 899,000 71 13 22.4 420,000 45 77.6 1,098,000 May-12 52 688,500 70 18 34.6 454,750 34 65.4 898,500 Apr-12 39 699,000 84 10 25.6 493,000 29 74.4 790,000 Mar-12 41 675,000 92 10 24.4 462,500 31 75.6 729,000 Feb-12 38 649,500 122 15 39.5 484,950 23 60.5 949,000 Jan-12 42 599,450 120 12 28.6 444,500 30 71.4 799,000 Dec-11 118 772,500 114 20 16.9 489,000 98 83.0 849,500 Nov-11 97 679,000 97 20 20.6 454,500 77 79.4 764,000 Oct-11 82 629,250 101 22 26.8 449,500 60 73.2 723,000 Sep-11 83 669,000 105 22 26.5 402,500 61 73.5 738,000 Aug-11 97 770,000 92 22 22.7 449,419 75 77.3 799,950 Jul-11 96 699,475 92 21 21.9 435,000 75 78.1 786,000 Jun-11 84 769,000 109 16 19.1 404,500 68 81.0 849,500 May-11 48 784,000 108 7 14.6 434,900 41 85.4 850,000 Apr-11 75 685,000 114 20 26.7 425,000 55 73.3 788,000 Mar-11 59 670,000 108 16 27.1 524,500 43 72.9 729,000 Feb-11 54 622,000 116 16 29.6 479,500 38 70.4 799,000 Jan-11 80 699,000 119 16 20.0 409,500 64 80.0 779,000 Dec-10 182 799,000 115 24 13.2 421,000 158 86.8 843,500 Nov-10 125 738,000 108 22 17.6 488,500 103 82.4 789,000 Oct-10 103 695,000 95 14 13.6 446,000 89 86.4 729,000 Sep-10 103 749,000 107 19 18.4 569,000 84 81.5 750,000 Aug-10 130 799,000 101 29 22.3 479,900 101 77.7 899,000 Jul-10 118 848,500 89 18 15.2 468,700 100 84.8 897,500 Clarus MarketMetrics® 2 of 2 08/13/2012 Information not guaranteed. © 2012 - 2013 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td). 14 of 20
  • 15. Ronny Budiutama Intero Real Estate Supply & Demand by Month Jul-10 vs. Jul-12: The number of for sale properties is down 45% and the number of sold properties is up 3% Jul-10 vs. Jul-12 Jul-10 vs. Jul-12 Jul-10 Jul-12 Change % Jul-10 Jul-12 Change % 1,037 573 -464 -45% 199 205 6 +3% MLS: SFMLS Period: 2 years (monthly) Price: All Construction Type: All Bedrooms: All Bathrooms: All Lot Size: All Property Types: Residential Sq Ft: All Cities: San Francisco Clarus MarketMetrics® 1 of 2 08/13/2012 Information not guaranteed. © 2012 - 2013 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td). 15 of 20
  • 16. Ronny Budiutama Intero Real Estate Supply & Demand by Month Jul-10 vs. Jul-12: The number of for sale properties is down 45% and the number of sold properties is up 3% # Properties Average DOM # Properties Average DOM Time Period For Sale For Sale Sold Sold Jul-12 573 60 205 47 Jun-12 614 63 264 59 May-12 693 67 234 46 Apr-12 697 68 220 53 Mar-12 728 69 220 64 Feb-12 683 79 181 63 Jan-12 630 90 128 81 Dec-11 637 107 230 63 Nov-11 829 93 232 57 Oct-11 1,009 80 201 54 Sep-11 1,053 74 210 65 Aug-11 969 80 208 64 Jul-11 999 76 203 61 Jun-11 974 77 264 59 May-11 912 77 221 63 Apr-11 922 74 197 67 Mar-11 918 73 216 65 Feb-11 819 80 123 82 Jan-11 761 93 160 71 Dec-10 817 104 231 66 Nov-10 1,036 86 184 59 Oct-10 1,151 73 200 56 Sep-10 1,150 68 175 59 Aug-10 994 77 204 57 Jul-10 1,037 73 199 58 Clarus MarketMetrics® 2 of 2 08/13/2012 Information not guaranteed. © 2012 - 2013 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td). 16 of 20
  • 17. Ronny Budiutama Intero Real Estate The Average Days on Market by Month Jul-10 vs. Jul-12: The average days on market is down 36% Jul-10 vs. Jul-12 Jul-10 Jul-12 Change % 60 39 -22 -36% MLS: SFMLS Period: 2 years (monthly) Price: All Construction Type: All Bedrooms: All Bathrooms: All Lot Size: All Property Types: Residential Sq Ft: All Cities: San Francisco Clarus MarketMetrics® 1 of 2 08/13/2012 Information not guaranteed. © 2012 - 2013 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td). 17 of 20
  • 18. Ronny Budiutama Intero Real Estate The Average Days on Market by Month Jul-10 vs. Jul-12: The average days on market is down 36% Time Period Average DOM # UC Units Jul-12 39 248 Jun-12 42 213 May-12 48 279 Apr-12 47 227 Mar-12 49 257 Feb-12 63 214 Jan-12 67 167 Dec-11 75 137 Nov-11 71 216 Oct-11 67 249 Sep-11 61 221 Aug-11 62 216 Jul-11 57 223 Jun-11 64 221 May-11 57 239 Apr-11 57 214 Mar-11 68 230 Feb-11 64 192 Jan-11 82 149 Dec-10 80 148 Nov-10 69 197 Oct-10 58 210 Sep-10 56 216 Aug-10 65 172 Jul-10 60 202 Clarus MarketMetrics® 2 of 2 08/13/2012 Information not guaranteed. © 2012 - 2013 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td). 18 of 20
  • 19. Ronny Budiutama Intero Real Estate Months Supply of Inventory Jul-10 vs. Jul-12: The average months supply of inventory is down 69% Jul-10 vs. Jul-12 Jul-10 Jul-12 Change % 3.5 1.1 -2.5 -69% MLS: SFMLS Period: 2 years (monthly) Price: All Construction Type: All Bedrooms: All Bathrooms: All Lot Size: All Property Types: Residential Sq Ft: All Cities: San Francisco Clarus MarketMetrics® 1 of 2 08/13/2012 Information not guaranteed. © 2012 - 2013 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td). 19 of 20
  • 20. Ronny Budiutama Intero Real Estate Months Supply of Inventory Jul-10 vs. Jul-12: The average months supply of inventory is down 69% # Units For Sale # UC Units UC Average Time Period Last Day of Month During Month MSI DOM Jul-12 270 248 1.1 39 Jun-12 343 213 1.6 42 May-12 362 279 1.3 48 Apr-12 431 227 1.9 47 Mar-12 430 257 1.7 49 Feb-12 431 214 2.0 63 Jan-12 421 167 2.5 67 Dec-11 382 137 2.8 75 Nov-11 516 216 2.4 71 Oct-11 678 249 2.7 67 Sep-11 749 221 3.4 61 Aug-11 656 216 3.0 62 Jul-11 680 223 3.0 57 Jun-11 669 221 3.0 64 May-11 625 239 2.6 57 Apr-11 633 214 3.0 57 Mar-11 629 230 2.7 68 Feb-11 573 192 3.0 64 Jan-11 532 149 3.6 82 Dec-10 487 148 3.3 80 Nov-10 714 197 3.6 69 Oct-10 838 210 4.0 58 Sep-10 831 216 3.8 56 Aug-10 692 172 4.0 65 Jul-10 717 202 3.5 60 Clarus MarketMetrics® 2 of 2 08/13/2012 Information not guaranteed. © 2012 - 2013 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td). 20 of 20