Rancho Bernardo Attached

Kris Berg Median Sold Price by Month Aug-08 vs. Aug-09: The median sold price is down 9% San Diego Castles Realty Aug-08 vs. Aug-09 $XJ 290,000 MLS: Sandicor Property Types: ZIP Codes: 92128 $XJ 262,500 Time Period: 1 year (monthly) Price: All &KDQJH -27,500 Construction Type: All  -9% Bedrooms: All Bathrooms: All Single Family Residential: (Attached, Townhome, Twinhome) Statistics are based on closed MLS transactions. Each closing generates one transaction side only. &ODUXV 0DUNHW0HWULFVŠ 1 of 2 Information not guaranteed. © 2009-2010 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td). 09/01/2009 1 of 16 Kris Berg Median Sold Price by Month Aug-08 vs. Aug-09: The median sold price is down 9% San Diego Castles Realty Month Aug-09 Jul-09 Jun-09 May-09 Apr-09 Mar-09 Feb-09 Jan-09 Dec-08 Nov-08 Oct-08 Sep-08 Aug-08 Median Price 262,500 260,000 290,000 260,000 269,900 286,500 245,000 266,500 259,500 250,000 242,450 269,000 290,000 # Units 36 41 29 25 29 20 16 12 20 23 32 38 37 Average DOM 64 66 71 90 59 80 84 91 61 49 63 75 63 &ODUXV 0DUNHW0HWULFVŠ 2 of 2 Information not guaranteed. © 2009-2010 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td). 09/01/2009 2 of 16 Kris Berg The Number of Sold Properties by Month Aug-08 vs. Aug-09: The number of sold properties is down 3% San Diego Castles Realty Aug-08 vs. Aug-09 $XJ 37 MLS: Sandicor Property Types: ZIP Codes: 92128 $XJ 36 Time Period: 1 year (monthly) Price: All &KDQJH -1 Construction Type: All  -3% Bedrooms: All Bathrooms: All Single Family Residential: (Attached, Townhome, Twinhome) &ODUXV 0DUNHW0HWULFVŠ 1 of 2 Information not guaranteed. © 2009-2010 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td). 09/01/2009 3 of 16 Kris Berg The Number of Sold Properties by Month Aug-08 vs. Aug-09: The number of sold properties is down 3% San Diego Castles Realty Month Aug-09 Jul-09 Jun-09 May-09 Apr-09 Mar-09 Feb-09 Jan-09 Dec-08 Nov-08 Oct-08 Sep-08 Aug-08 # Units 36 41 29 25 29 20 16 12 20 23 32 38 37 Median Price 262,500 260,000 290,000 260,000 269,900 286,500 245,000 266,500 259,500 250,000 242,450 269,000 290,000 Average DOM 64 66 71 90 59 80 84 91 61 49 63 75 63 &ODUXV 0DUNHW0HWULFVŠ 2 of 2 Information not guaranteed. © 2009-2010 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td). 09/01/2009 4 of 16 Kris Berg The Number of For Sale Properties By Month Aug-08 vs. Aug-09: The number of for sale properties is down 45% San Diego Castles Realty Aug-08 vs. Aug-09 $XJ 201 MLS: Sandicor Property Types: ZIP Codes: 92128 $XJ 111 Time Period: 1 year (monthly) Price: All &KDQJH -90 Construction Type: All  -45% Bedrooms: All Bathrooms: All Single Family Residential: (Attached, Townhome, Twinhome) Statistics are based on closed MLS transactions. Each closing generates one transaction side only. &ODUXV 0DUNHW0HWULFVŠ 1 of 2 Information not guaranteed. © 2009-2010 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td). 09/01/2009 5 of 16 Kris Berg The Number of For Sale Properties By Month Aug-08 vs. Aug-09: The number of for sale properties is down 45% San Diego Castles Realty Month Aug-09 Jul-09 Jun-09 May-09 Apr-09 Mar-09 Feb-09 Jan-09 Dec-08 Nov-08 Oct-08 Sep-08 Aug-08 # Units 111 126 146 149 153 170 165 172 168 165 179 191 201 Median Price 249,000 249,450 255,000 264,500 265,000 284,000 279,000 279,000 282,750 295,000 295,000 299,900 299,000 Average DOM 72 81 83 90 93 97 100 99 116 108 95 97 100 &ODUXV 0DUNHW0HWULFVŠ 2 of 2 Information not guaranteed. © 2009-2010 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td). 09/01/2009 6 of 16 Kris Berg The Number of Under Contract Properties by Month Aug-08 vs. Aug-09: The number of under contract properties is up 14% San Diego Castles Realty Aug-08 vs. Aug-09 $XJ 36 MLS: Sandicor Property Types: ZIP Codes: 92128 $XJ 41 Time Period: 1 year (monthly) Price: All &KDQJH 5 Construction Type: All  +14% Bedrooms: All Bathrooms: All Single Family Residential: (Attached, Townhome, Twinhome) &ODUXV 0DUNHW0HWULFVŠ 1 of 2 Information not guaranteed. © 2009-2010 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td). 09/01/2009 7 of 16 Kris Berg The Number of Under Contract Properties by Month Aug-08 vs. Aug-09: The number of under contract properties is up 14% San Diego Castles Realty Month Aug-09 Jul-09 Jun-09 May-09 Apr-09 Mar-09 Feb-09 Jan-09 Dec-08 Nov-08 Oct-08 Sep-08 Aug-08 # Units 41 44 41 33 31 31 18 22 15 14 28 31 36 Median Price 255,000 300,500 259,900 299,000 249,000 310,000 240,950 270,000 258,800 271,950 271,500 269,000 267,500 Average DOM 69 58 60 78 72 83 60 72 91 78 63 53 87 &ODUXV 0DUNHW0HWULFVŠ 2 of 2 Information not guaranteed. © 2009-2010 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td). 09/01/2009 8 of 16 Kris Berg The Number of New Properties Listed by Month Aug-08 vs. Aug-09: The number of new properties is down 9% San Diego Castles Realty Aug-08 vs. Aug-09 $XJ 46 MLS: Sandicor Property Types: ZIP Codes: 92128 $XJ 42 Time Period: 1 year (monthly) Price: All &KDQJH -4 Construction Type: All  -9% Bedrooms: All Bathrooms: All Single Family Residential: (Attached, Townhome, Twinhome) &ODUXV 0DUNHW0HWULFVŠ 1 of 2 Information not guaranteed. © 2009-2010 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td). 09/01/2009 9 of 16 Kris Berg The Number of New Properties Listed by Month Aug-08 vs. Aug-09: The number of new properties is down 9% San Diego Castles Realty Month Aug-09 Jul-09 Jun-09 May-09 Apr-09 Mar-09 Feb-09 Jan-09 Dec-08 Nov-08 Oct-08 Sep-08 Aug-08 # Units 42 33 39 39 33 39 32 43 30 30 43 46 46 Median Price 285,000 260,000 255,000 275,000 259,900 289,000 292,450 280,000 256,900 249,900 273,000 277,500 297,500 &ODUXV 0DUNHW0HWULFVŠ 2 of 2 Information not guaranteed. © 2009-2010 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td). 09/01/2009 10 of 16 Kris Berg Supply & Demand by Month San Diego Castles Realty Aug-08 vs. Aug-09: The number of for sale properties is down 45% and the number of sold properties is down 3% Aug-08 vs. Aug-09 $XJ 201 MLS: Sandicor Property Types: ZIP Codes: 92128 Aug-08 vs. Aug-09  -45% Price: All $XJ 111 &KDQJH -90 Time Period: 1 year (monthly)  $XJ 37 $XJ 36 Bedrooms: All &KDQJH -1 -3% Bathrooms: All Construction Type: All Single Family Residential: (Attached, Townhome, Twinhome) &ODUXV 0DUNHW0HWULFVŠ 1 of 2 Information not guaranteed. © 2009-2010 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td). 09/01/2009 11 of 16 Supply & Demand by Month Aug-08 vs. Aug-09: The number of for sale properties is down 45% and the number of sold properties is down 3% Month Aug-09 Jul-09 Jun-09 May-09 Apr-09 Mar-09 Feb-09 Jan-09 Dec-08 Nov-08 Oct-08 Sep-08 Aug-08 111 126 146 149 153 170 165 172 168 165 179 191 201 # Units For Sale For Sale Average DOM 72 81 83 90 93 97 100 99 116 108 95 97 100 # Sold Units 36 41 29 25 29 20 16 12 20 23 32 38 37 Sold Average DOM 64 66 71 90 59 80 84 91 61 49 63 75 63 &ODUXV 0DUNHW0HWULFVŠ 2 of 2 Information not guaranteed. © 2009-2010 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td). 09/01/2009 12 of 16 Kris Berg The Average Days on Market by Month Aug-08 vs. Aug-09: The average days on market is down 21% San Diego Castles Realty Aug-08 vs. Aug-09 $XJ 87 MLS: Sandicor Property Types: ZIP Codes: 92128 $XJ 69 Time Period: 1 year (monthly) Price: All &KDQJH -18 Construction Type: All  -21% Bedrooms: All Bathrooms: All Single Family Residential: (Attached, Townhome, Twinhome) Statistics are based on closed MLS transactions. Each closing generates one transaction side only. &ODUXV 0DUNHW0HWULFVŠ 1 of 2 Information not guaranteed. © 2009-2010 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td). 09/01/2009 13 of 16 Kris Berg The Average Days on Market by Month Aug-08 vs. Aug-09: The average days on market is down 21% San Diego Castles Realty Month Aug-09 Jul-09 Jun-09 May-09 Apr-09 Mar-09 Feb-09 Jan-09 Dec-08 Nov-08 Oct-08 Sep-08 Aug-08 Average DOM 69 58 60 78 72 83 60 72 91 78 63 53 87 # UC Units 41 44 41 33 31 31 18 22 15 14 28 31 36 &ODUXV 0DUNHW0HWULFVŠ 2 of 2 Information not guaranteed. © 2009-2010 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td). 09/01/2009 14 of 16 Kris Berg Months Supply of Inventory Aug-08 vs. Aug-09: The average months supply of inventory is down 65% San Diego Castles Realty Aug-08 vs. Aug-09 $XJ 4.0 MLS: Sandicor Property Types: ZIP Codes: 92128 $XJ 1.4 Time Period: 1 year (monthly) Price: All &KDQJH -2.6 Construction Type: All  -65% Bedrooms: All Bathrooms: All Single Family Residential: (Attached, Townhome, Twinhome) Statistics are based on closed MLS transactions. Each closing generates one transaction side only. &ODUXV 0DUNHW0HWULFVŠ 1 of 2 Information not guaranteed. © 2009-2010 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td). 09/01/2009 15 of 16 Months Supply of Inventory Aug-08 vs. Aug-09: The average months supply of inventory is down 65% Month Aug-09 Jul-09 Jun-09 May-09 Apr-09 Mar-09 Feb-09 Jan-09 Dec-08 Nov-08 Oct-08 Sep-08 Aug-08 # Units For Sale Last Day of Month 57 69 93 107 110 120 131 133 129 138 135 136 145 # UC Units During Month 41 44 41 33 31 31 18 22 15 14 28 31 36 MSI 1 2 2 3 4 4 7 6 9 10 5 4 4 UC Average DOM 69 58 60 78 72 83 60 72 91 78 63 53 87 &ODUXV 0DUNHW0HWULFVŠ 2 of 2 Information not guaranteed. © 2009-2010 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td). 09/01/2009 16 of 16