MARKET ACTION REPORT March 2011

Scott McIntosh
MLS Area: Westwood - Century Realtor
310-500-6107
City scott@scott-mcintosh.com
www.thewestwoodblog.com
Price Range: ALL | Properties: Single Family Home
Trending Versus*: Trending Versus*:
Market Profile & Trends Overview Month LM L3M PYM LY YTD PriorYTD PriorYear
Median List Price of all Current Listings $1,469,500
Average List Price of all Current Listings $1,690,696
March Median Sales Price $1,515,000 $1,201,437
March Average Sales Price $1,838,055 $1,501,619
Total Properties Currently for Sale (Inventory) 50
March Number of Properties Sold 13 33
March Average Days on Market (Solds) 49 69
Asking Price per Square Foot (based on New Listings) $614 $611
March Sold Price per Square Foot $640 $573
March Month's Supply of Inventory 3.8 3.7
March Sale Price vs List Price Ratio 95.1% 95.2%
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year / YTD = Year-to-date

Property Sales
March Property sales were 13, up 30.0% from 10 in March of 2010 and 44.4% higher than the 9 sales last month. March 2011 sales were at
their highest level compared to March of 2010 and 2009. March YTD sales of 33 are running 94.1% ahead of last year's year-to-date sales of
17.

Prices
The Median Sales Price in March was $1,515,000, up 4.5% from $1,450,000 in March of 2010 and up 35.8% from $1,116,000 last month. The
Average Sales Price in March was $1,838,055, up 16.3% from $1,580,100 in March of 2010 and up 44.4% from $1,273,222 last month. March
2011 ASP was at highest level compared to March of 2010 and 2009.

Based on information from The MLS®/CLAW Combined LA Westside MLS Inc. for the period 4/1/2008 through 3/31/2011. Due to MLS reporting methods and
allowable reporting policy, this data is only informational and may not be completely accurate. Therefore, Coldwell Banker Residential Brokerage does notguarantee
the data accuracy. Data maintained by the MLS's may not reflect all real estate activity in the market.
MARKET ACTION REPORT March 2011
Scott McIntosh
MLS Area: Westwood - Century Realtor
310-500-6107
City scott@scott-mcintosh.com
www.thewestwoodblog.com
Price Range: ALL | Properties: Single Family Home
Inventory & MSI
The Total Inventory of Properties available for sale as of March was 50, up 47.1% from 34 last month and down -26.5% from 68 in March of
last year. March 2011 Inventory was at the lowest level compared to March of 2010 and 2009.

A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers. The March 2011 MSI of 3.8 months was at
its lowest level compared with March of 2010 and 2009.

Market Time
The average Days On Market(DOM) shows how many days the average Property is on the Market before it sells. An upward trend in DOM
tends to indicate a move towards more of a Buyer's market, a downward trend a move towards more of a Seller's market. The DOM for March
was 49, down -66.7% from 147 days last month and down -24.6% from 65 days in March of last year. The March 2011 DOM was at its lowest
level compared with March of 2010 and 2009.

Selling Price per Square Foot

The Selling Price per Square Foot is a great indicator for the direction of Property values. Since Median Sales Price and Average Sales price
can be impacted by the 'mix' of high or low end Properties in the market, the selling price per square foot is a more normalized indicator on the
direction of Property values. The March 2011 Selling Price per Square Foot of $640 was up 23.1% from $520 last month and up 6.0% from
$604 in March of last year.

Based on information from The MLS®/CLAW Combined LA Westside MLS Inc. for the period 4/1/2008 through 3/31/2011. Due to MLS reporting methods and
allowable reporting policy, this data is only informational and may not be completely accurate. Therefore, Coldwell Banker Residential Brokerage does notguarantee
the data accuracy. Data maintained by the MLS's may not reflect all real estate activity in the market.
MARKET ACTION REPORT March 2011
Scott McIntosh
MLS Area: Westwood - Century Realtor
310-500-6107
City scott@scott-mcintosh.com
www.thewestwoodblog.com
Price Range: ALL | Properties: Single Family Home
Selling Price vs Original Listing Price
The Selling Price vs Original Listing Price reveals the average amount that Sellers are agreeing to come down from their original list price.
The lower the ratio is below 100% the more of a Buyer's market exists, a ratio at or above 100% indicates more of a Seller's market. The
March 2011 Selling Price vs Original List Price of 95.1% was up from 94.3% last month and down from 99.4% in March of last year.

Inventory / New Listings / Sales

'This last view of the market combines monthly inventory of Properties for sale along with New Listings and Sales. The graph shows the basic
annual seasonality of the market as well as the relationship between these items. The number of New Listings in March 2011 was 25, up
92.3% from 13 last month and down -16.7% from 30 in March of last year.

Based on information from The MLS®/CLAW Combined LA Westside MLS Inc. for the period 4/1/2008 through 3/31/2011. Due to MLS reporting methods and
allowable reporting policy, this data is only informational and may not be completely accurate. Therefore, Coldwell Banker Residential Brokerage does notguarantee
the data accuracy. Data maintained by the MLS's may not reflect all real estate activity in the market.