The Woodlands Texas real estate market update as of April 2012

1. Total Active Listings
The Woodlands
950
900
850
800
Total Number of 750
Listings
700
650
600
550
500
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2012 Active Listings 519 523 513 526
2011 Active Listings 678 709 740 823 879 865 781 739 672 651 618 571
2010 Active Listings 544 628 651 751 764 798 883 893 848 818 770 743
Months

2. Total New Contracts Written
The Woodlands
250
200
150
Total Number of
Contracts
100
50
0
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2012 Contracts 110 147 232
2011 Contracts 135 127 208 199 227 186 210 173 127 113 101 95
2010 Contracts 99 141 183 227 165 156 168 157 131 127 108 102
Month

3. Average Days On Market
The Woodlands
220.0
200.0
180.0
160.0
Number of Days 140.0
120.0
100.0
80.0
60.0
40.0
20.0
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2012 Days-On-Market 100.6 78.1 108.7
2011 Days-On-Market 115.1 135.8 86.9 191.8 74.1 71.5 109.6 80.4 61.9 59.3 90.7 137.5
2010 Days-On-Market 87.9 124.3 134.9 88.8 71.9 78.3 97.9 86.3 82.8 91.0 100.8 120.3
Month

4. Average List Price vs Sale Price
The Woodlands
98.0
96.0
94.0
92.0
90.0
% of List Price
88.0
86.0
84.0
82.0
80.0
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2012 LP/SP% 94.5 94.8 96.1
2011 LP/SP% 94.9 94.7 96.1 96.6 95.3 96.7 96.0 96.0 95.2 95.3 95.3 96.5
2010 LP/SP% 95.2 95.2 95.3 96.1 95.5 95.7 96.0 95.3 96.0 95.9 95.9 96.1
Months

5. Average Months Of Inventory
The Woodlands
8.0
7.0
6.0
5.0
Months
4.0
3.0
2.0
1.0
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2012 Months Of Inventory 3.8 3.8 3.8 3.9
2011 Months Of Inventory 5.5 5.7 5.9 6.6 7.0 6.9 6.2 5.6 4.9 4.7 4.5 4.2
2010 Months Of Inventory 4.4 5.1 5.3 6.0 6.1 6.3 7.0 7.2 6.9 6.6 6.2 6.1

6. All Showings
The Woodlands
8000
7000
6000
5000
T OTAL 4000
S HOWINGS
3000
2000
1000
0
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2012 Showings 4288 4561 5730
2011 Showings 4517 4324 6045 6744 5760 6121 5570 4399 3930 4174 3081 2883
2010 Showings 4572 4698 6217 6672 5432 4890 5427 5218 4424 4350 3824 3000

7. April 2012 Active Listings
$1MM+
71 $100-200M
$900-1MM 79
24
$800-900M
22
$700-800M
28
$200-300M
134
$600-700M
31
$500-
600M
28
$400-500M
42 $300-400M
67

8. March 2012 New Listings
$1MM+
$900-1MM
5
7
$800-900M
8
$700-800M
6
$100-200M
$600-700M 34
9
$500-600M
10
$400-500M $200-300M
26 47
$300-400M
32

9. $900-1MM
March 2012 Contracts
3
$800-900M $1MM+
4 11
$600-700M $700- $100-200M
10 800M 36
10
$500-600M
20
$400-500M $200-300M
25 65
$300-400M
48

10. March 2012 Days On Market
$100-200M
26
$300-400M
$1MM+ $200- 50
$900-1MM
113 300M
37 $400-500M
51
54
$500-600M
48
$600-700M
48
$700-800M
27
$800-900M
589

11. March 2012 Percentage List vs Sale Price
$1MM+ $100-200M
94 97
$900-1MM $200-300M
96 96
$800-900M $300-400M
100 98
$700-800M $400-500M
91 98
$600-700M $500-600M
96 95

12. April 2012 Months Of Inventory
$100-200M
2.3
$200- $300-400M
$1MM+ 300M 2.9
10.9 3.7
$400-500M
3.1
$500-600M
2.8
$900-1MM
10.4 $600-700M
5.5
$700-800M
$800-900M 8.0
9.3

13. March 2012 Showings
$800-900M
130 $900-1MM $1MM+
123 171
$700-800M
229
$600-700M
291
$100-200M
1459
$500-600M
400
$400-500M
727
$200-300M
1879
$300-400M
1048