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Ronny Budiutama                                                                                                                                                                            Intero Real Estate
                                                                            Median Sold Price by Month
                                                                   Nov-10 vs. Nov-12: The median sold price is up 10%




                                                                                  Nov-10 vs. Nov-12
                  Nov-10                                           Nov-12                                          Change                                             %
                  755,000                                          830,000                                         75,000                                            +10%


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                                                                                      12/12/2012
                                                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
                                                          Nov-10 vs. Nov-12: The median sold price is up 10%


Time Period             Median Price            # Units        Average DOM
Nov-12                      830,000                 263                     42
Oct-12                      844,500                 250                     45
Sep-12                      722,500                 178                     46
Aug-12                      766,500                 240                     50
Jul-12                      759,000                 216                     47
Jun-12                      780,000                 267                     60
May-12                      783,000                 236                     47
Apr-12                      760,000                 221                     54
Mar-12                      713,250                 222                     64
Feb-12                      637,000                 181                     63
Jan-12                      620,000                 129                     81
Dec-11                      610,000                 231                     63
Nov-11                      682,500                 232                     57
Oct-11                      743,000                 201                     54
Sep-11                      652,325                 211                     65
Aug-11                      697,620                 209                     64
Jul-11                      735,000                 205                     62
Jun-11                      744,225                 264                     59
May-11                      709,500                 222                     63
Apr-11                      701,000                 197                     67
Mar-11                      759,500                 216                     65
Feb-11                      621,000                 124                     83
Jan-11                      610,000                 161                     71
Dec-10                      705,000                 231                     66
Nov-10                      755,000                 184                     59




Clarus MarketMetrics®                                                                            2 of 2                                                                          12/12/2012
                                       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
             Nov-10 vs. Nov-12: The median price of for sale properties is up 22% and the median price of sold properties is up 10%




                        Nov-10 vs. Nov-12                                                                                                                           Nov-10 vs. Nov-12
     Nov-10            Nov-12               Change                       %                                                                     Nov-10              Nov-12             Change             %
     699,000           850,000              151,000                     +22%                                                                   755,000             830,000            75,000            +10%


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                                                                                         12/12/2012
                                                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
              Nov-10 vs. Nov-12: The median price of for sale properties is up 22% and the median price of sold properties is up 10%

                             For Sale             # Properties                         Sold                 # Properties                        Price
Time Period                   Median                  For Sale                       Median                        Sold                    Difference
Nov-12                        850,000                       520                     830,000                           263                      -20,000
Oct-12                        834,500                       696                     844,500                           250                      10,000
Sep-12                        858,000                       669                     722,500                           178                     -135,500
Aug-12                        799,000                       595                     766,500                           240                      -32,500
Jul-12                        789,000                       627                     759,000                           216                      -30,000
Jun-12                        799,000                       636                     780,000                           267                      -19,000
May-12                        750,000                       705                     783,000                           236                      33,000
Apr-12                        699,000                       705                     760,000                           221                      61,000
Mar-12                        699,000                       734                     713,250                           222                      14,250
Feb-12                        699,000                       689                     637,000                           181                      -62,000
Jan-12                        649,000                       635                     620,000                           129                      -29,000
Dec-11                        659,000                       640                     610,000                           231                      -49,000
Nov-11                        678,000                       833                     682,500                           232                        4,500
Oct-11                        668,000                     1,013                     743,000                           201                      75,000
Sep-11                        674,498                     1,056                     652,325                           211                      -22,172
Aug-11                        650,000                       971                     697,620                           209                      47,620
Jul-11                        659,000                     1,001                     735,000                           205                      76,000
Jun-11                        678,000                       976                     744,225                           264                      66,225
May-11                        689,000                       914                     709,500                           222                      20,500
Apr-11                        699,000                       924                     701,000                           197                        2,000
Mar-11                        675,000                       919                     759,500                           216                      84,500
Feb-11                        666,500                       820                     621,000                           124                      -45,500
Jan-11                        649,000                       763                     610,000                           161                      -39,000
Dec-10                        659,900                       819                     705,000                           231                      45,100
Nov-10                        699,000                     1,038                     755,000                           184                      56,000




Clarus MarketMetrics®                                                                         2 of 2                                                                          12/12/2012
                                    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
                                                             Nov-10 vs. Nov-12: The number of Sold properties is up 43%




                                                                                  Nov-10 vs. Nov-12
                  Nov-10                                                Nov-12                                     Change                                              %
                   184                                                   263                                         79                                               +43%


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                                                                                      12/12/2012
                                                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
                                                     Nov-10 vs. Nov-12: The number of Sold properties is up 43%


                                       Full Market                                                 Bank Properties                                             Non-Bank Properties
Time Period             # Properties       Median Price         Average DOM              # Properties         % Bank            Median Price            # Properties    % Non-Bank        Median Price
Nov-12                          263              830,000                     42                     26             9.9                497,500                    237          90.1            860,000
Oct-12                          250              844,500                     45                     25            10.0                495,000                    225          90.0            925,000
Sep-12                          178              722,500                     46                     30            16.9                467,500                    148          83.2            779,000
Aug-12                          240              766,500                     50                     32            13.3                485,000                    208          86.7            810,750
Jul-12                          216              759,000                     47                     43            19.9                385,000                    173          80.1            890,000
Jun-12                          267              780,000                     60                     55            20.6                500,000                    212          79.4            842,500
May-12                          236              783,000                     47                     31            13.1                480,000                    205          86.9            839,000
Apr-12                          221              760,000                     54                     38            17.2                437,000                    183          82.8            801,000
Mar-12                          222              713,250                     64                     52            23.4                465,000                    170          76.6            783,000
Feb-12                          181              637,000                     63                     40            22.1                465,000                    141          77.9            700,000
Jan-12                          129              620,000                     81                     41            31.8                488,000                     88          68.2            729,750
Dec-11                          231              610,000                     63                     47            20.4                471,000                    184          79.7            685,500
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                          211              652,325                     65                     49            23.2                450,000                    162          76.8            732,000
Aug-11                          209              697,620                     64                     45            21.5                430,000                    164          78.5            751,750
Jul-11                          205              735,000                     62                     36            17.6                453,000                    169          82.4            825,000
Jun-11                          264              744,225                     59                     44            16.7                459,500                    220          83.3            767,500
May-11                          222              709,500                     63                     48            21.6                451,000                    174          78.4            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                          124              621,000                     83                     42            33.9                506,000                     82          66.1            730,000
Jan-11                          161              610,000                     71                     38            23.6                422,000                    123          76.4            660,000
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




Clarus MarketMetrics®                                                                             2 of 2                                                                                        12/12/2012
                                        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
                                                    Nov-10 vs. Nov-12: The number of Under Contract properties is up 12%




                                                                                  Nov-10 vs. Nov-12
                  Nov-10                                                Nov-12                                     Change                                              %
                   197                                                   221                                         24                                               +12%


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                                                                                      12/12/2012
                                                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
                                            Nov-10 vs. Nov-12: The number of Under Contract properties is up 12%


                                       Full Market                                                 Bank Properties                                             Non-Bank Properties
Time Period             # Properties       Median Price         Average DOM              # Properties         % Bank            Median Price            # Properties    % Non-Bank        Median Price
Nov-12                          221              765,000                     47                     29            13.1                464,900                    192          86.9            799,000
Oct-12                          297              799,000                     35                     29             9.8                460,000                    268          90.2            812,000
Sep-12                          227              799,000                     42                     27            11.9                457,900                    200          88.1            849,000
Aug-12                          200              699,000                     36                     23            11.5                410,000                    177          88.5            749,000
Jul-12                          238              727,000                     45                     35            14.7                499,000                    203          85.3            779,000
Jun-12                          204              699,000                     46                     33            16.2                399,999                    171          83.8            799,000
May-12                          277              738,000                     54                     52            18.8                446,250                    225          81.2            799,000
Apr-12                          224              699,000                     50                     41            18.3                465,000                    183          81.7            799,000
Mar-12                          256              717,450                     51                     51            19.9                425,000                    205          80.1            799,000
Feb-12                          214              704,231                     65                     51            23.8                450,000                    163          76.2            775,000
Jan-12                          166              649,000                     68                     46            27.7                420,000                    120          72.3            765,000
Dec-11                          134              604,500                     76                     30            22.4                494,450                    104          77.6            677,000
Nov-11                          216              614,000                     71                     51            23.6                429,000                    165          76.4            699,000
Oct-11                          248              660,000                     66                     59            23.8                469,900                    189          76.2            775,000
Sep-11                          220              699,944                     60                     34            15.4                488,500                    186          84.5            787,000
Aug-11                          214              679,000                     62                     45            21.0                444,900                    169          79.0            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                          213              729,000                     57                     35            16.4                488,000                    178          83.6            793,500
Mar-11                          229              699,000                     67                     62            27.1                434,900                    167          72.9            799,000
Feb-11                          192              739,000                     64                     39            20.3                469,900                    153          79.7            799,000
Jan-11                          150              630,315                     82                     52            34.7                446,200                     98          65.3            703,200
Dec-10                          147              630,000                     81                     41            27.9                419,900                    106          72.1            674,500
Nov-10                          197              748,000                     69                     26            13.2                502,150                    171          86.8            789,000




Clarus MarketMetrics®                                                                             2 of 2                                                                                        12/12/2012
                                        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
                                                          Nov-10 vs. Nov-12: The number of New properties is down 15%




                                                                                  Nov-10 vs. Nov-12
                  Nov-10                                                Nov-12                                     Change                                               %
                   198                                                   169                                         -29                                              -15%


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                                                                                      12/12/2012
                                                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
                                                 Nov-10 vs. Nov-12: The number of New properties is down 15%


                            Full Market                                    Bank Properties                                             Non-Bank Properties
Time Period             # Properties      Median Price            # Properties         % Bank             Median Price          # Properties       % Non-Bank          Median Price
Nov-12                          169             795,000                     23            13.6                559,000                     146               86.4           799,000
Oct-12                          290             789,000                     32            11.0                501,700                     258               89.0           799,000
Sep-12                          320             850,000                     32            10.0                454,500                     288               90.0           942,000
Aug-12                          256             795,000                     27            10.6                449,900                     229               89.5           825,000
Jul-12                          255             699,000                     33            12.9                498,000                     222               87.1           762,500
Jun-12                          260             829,000                     30            11.5                450,000                     230               88.5           871,000
May-12                          265             829,000                     43            16.2                449,000                     222               83.8           949,000
Apr-12                          267             720,000                     48            18.0                486,400                     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




Clarus MarketMetrics®                                                                            2 of 2                                                                                     12/12/2012
                                       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
                                                       Nov-10 vs. Nov-12: The number of For Sale properties is down 50%




                                                                                  Nov-10 vs. Nov-12
                  Nov-10                                                Nov-12                                     Change                                               %
                   1,038                                                 520                                        -518                                              -50%


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                                                                                      12/12/2012
                                                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
                                               Nov-10 vs. Nov-12: The number of For Sale properties is down 50%


                                       Full Market                                                 Bank Properties                                             Non-Bank Properties
Time Period             # Properties       Median Price         Average DOM              # Properties         % Bank            Median Price            # Properties    % Non-Bank        Median Price
Nov-12                          520              850,000                     60                     65            12.5                510,000                    455          87.5            929,000
Oct-12                          696              834,500                     54                     79            11.3                499,000                    617          88.7            899,000
Sep-12                          669              858,000                     54                     81            12.1                469,950                    588          87.9            949,000
Aug-12                          595              799,000                     59                     81            13.6                450,000                    514          86.4            877,000
Jul-12                          627              789,000                     63                   100             15.9                481,950                    527          84.0            889,000
Jun-12                          636              799,000                     65                   115             18.1                450,000                    521          81.9            929,000
May-12                          705              750,000                     69                   155             22.0                455,000                    550          78.0            899,000
Apr-12                          705              699,000                     70                   164             23.3                465,000                    541          76.7            825,000
Mar-12                          734              699,000                     71                   177             24.1                449,500                    557          75.9            799,000
Feb-12                          689              699,000                     80                   194             28.2                450,000                    495          71.8            799,000
Jan-12                          635              649,000                     92                   201             31.6                450,000                    434          68.3            775,000
Dec-11                          640              659,000                    108                   191             29.8                470,000                    449          70.2            749,000
Nov-11                          833              678,000                     94                   216             25.9                457,000                    617          74.1            750,000
Oct-11                        1,013              668,000                     81                   259             25.6                455,000                    754          74.4            749,000
Sep-11                        1,056              674,498                     75                   263             24.9                467,900                    793          75.1            759,000
Aug-11                          971              650,000                     80                   257             26.5                459,000                    714          73.5            749,000
Jul-11                        1,001              659,000                     76                   268             26.8                449,900                    733          73.2            759,000
Jun-11                          976              678,000                     77                   265             27.1                435,000                    711          72.8            786,000
May-11                          914              689,000                     77                   233             25.5                448,888                    681          74.5            799,000
Apr-11                          924              699,000                     74                   223             24.1                449,950                    701          75.9            799,000
Mar-11                          919              675,000                     74                   258             28.1                448,944                    661          71.9            795,000
Feb-11                          820              666,500                     80                   238             29.0                454,600                    582          71.0            796,225
Jan-11                          763              649,000                     94                   234             30.7                449,925                    529          69.3            775,000
Dec-10                          819              659,900                    104                   231             28.2                435,000                    588          71.8            779,000
Nov-10                        1,038              699,000                     87                   233             22.4                439,900                    805          77.5            790,000




Clarus MarketMetrics®                                                                             2 of 2                                                                                        12/12/2012
                                        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
                                                        Nov-10 vs. Nov-12: The number of Expired properties is down 74%




                                                                                  Nov-10 vs. Nov-12
                  Nov-10                                                Nov-12                                     Change                                               %
                   125                                                    33                                         -92                                              -74%


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                                                                                      12/12/2012
                                                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
                                                Nov-10 vs. Nov-12: The number of Expired properties is down 74%


                                       Full Market                                                 Bank Properties                                             Non-Bank Properties
Time Period             # Properties      Median Price          Average DOM             # Properties          % Bank           Median Price            # Properties     % Non-Bank       Median Price
Nov-12                           33           1,395,000                      81                      3             9.1                680,000                     30          90.9          1,622,500
Oct-12                           48              969,000                    124                      8            16.7                558,000                     40          83.3          1,219,000
Sep-12                           36              940,500                     75                      7            19.4                368,000                     29          80.6           999,000
Aug-12                           46              833,500                     85                      9            19.6                499,000                     37          80.4          1,059,000
Jul-12                           50           1,429,995                      85                     11            22.0                470,000                     39          78.0          1,699,000
Jun-12                           60              878,500                     72                     15            25.0                510,000                     45          75.0          1,095,000
May-12                           52              678,500                     69                     18            34.6                454,750                     34          65.4           898,500
Apr-12                           41              675,000                     81                     11            26.8                487,000                     30          73.2           789,000
Mar-12                           40              662,475                     89                     10            25.0                462,500                     30          75.0           764,000
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                          119              770,000                    113                     21            17.6                490,000                     98          82.3           849,500
Nov-11                           98              669,000                     96                     21            21.4                450,000                     77          78.6           764,000
Oct-11                           83              629,000                    101                     23            27.7                449,000                     60          72.3           723,000
Sep-11                           83              669,000                    105                     22            26.5                402,500                     61          73.5           738,000
Aug-11                           98              759,500                     92                     23            23.5                448,888                     75          76.5           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                           76              676,500                    113                     20            26.3                425,000                     56          73.7           786,500
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                          183              799,000                    115                     25            13.7                417,000                    158          86.3           843,500
Nov-10                          125              738,000                    108                     22            17.6                488,500                    103          82.4           789,000




Clarus MarketMetrics®                                                                             2 of 2                                                                                        12/12/2012
                                        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
                  Nov-10 vs. Nov-12: The number of for sale properties is down 50% and the number of sold properties is up 43%




                        Nov-10 vs. Nov-12                                                                                                                           Nov-10 vs. Nov-12
      Nov-10            Nov-12              Change                        %                                                                    Nov-10              Nov-12             Change             %
       1,038             520                 -518                       -50%                                                                    184                 263                 79              +43%


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                                                                                         12/12/2012
                                                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
                Nov-10 vs. Nov-12: The number of for sale properties is down 50% and the number of sold properties is up 43%

                        # Properties           Average DOM                    # Properties               Average DOM
Time Period                 For Sale                For Sale                         Sold                        Sold
Nov-12                          520                          60                         263                           42
Oct-12                          696                          54                         250                           45
Sep-12                          669                          54                         178                           46
Aug-12                          595                          59                         240                           50
Jul-12                          627                          63                         216                           47
Jun-12                          636                          65                         267                           60
May-12                          705                          69                         236                           47
Apr-12                          705                          70                         221                           54
Mar-12                          734                          71                         222                           64
Feb-12                          689                          80                         181                           63
Jan-12                          635                          92                         129                           81
Dec-11                          640                        108                          231                           63
Nov-11                          833                          94                         232                           57
Oct-11                        1,013                          81                         201                           54
Sep-11                        1,056                          75                         211                           65
Aug-11                          971                          80                         209                           64
Jul-11                        1,001                          76                         205                           62
Jun-11                          976                          77                         264                           59
May-11                          914                          77                         222                           63
Apr-11                          924                          74                         197                           67
Mar-11                          919                          74                         216                           65
Feb-11                          820                          80                         124                           83
Jan-11                          763                          94                         161                           71
Dec-10                          819                        104                          231                           66
Nov-10                        1,038                          87                         184                           59




Clarus MarketMetrics®                                                                         2 of 2                                                                         12/12/2012
                                   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
                                                            Nov-10 vs. Nov-12: The average days on market is down 32%




                                                                                  Nov-10 vs. Nov-12
                  Nov-10                                                Nov-12                                     Change                                               %
                    69                                                    47                                         -22                                              -32%


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                                                                                      12/12/2012
                                                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
                                                  Nov-10 vs. Nov-12: The average days on market is down 32%


Time Period             Average DOM       # UC Units
Nov-12                           47               221
Oct-12                           35               297
Sep-12                           42               227
Aug-12                           36               200
Jul-12                           45               238
Jun-12                           46               204
May-12                           54               277
Apr-12                           50               224
Mar-12                           51               256
Feb-12                           65               214
Jan-12                           68               166
Dec-11                           76               134
Nov-11                           71               216
Oct-11                           66               248
Sep-11                           60               220
Aug-11                           62               214
Jul-11                           57               223
Jun-11                           64               221
May-11                           57               239
Apr-11                           57               213
Mar-11                           67               229
Feb-11                           64               192
Jan-11                           82               150
Dec-10                           81               147
Nov-10                           69               197




Clarus MarketMetrics®                                                                           2 of 2                                                                          12/12/2012
                                      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
                                                 Nov-10 vs. Nov-12: The average months supply of inventory is down 67%




                                                                                  Nov-10 vs. Nov-12
                  Nov-10                                               Nov-12                                      Change                                               %
                   3.6                                                  1.2                                         -2.4                                              -67%


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                                                                                      12/12/2012
                                                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
                                             Nov-10 vs. Nov-12: The average months supply of inventory is down 67%

                          # Units For Sale       # UC Units                                   UC Average
Time Period             Last Day of Month      During Month                      MSI                DOM
Nov-12                      266                            221                    1.2                       47
Oct-12                      351                            297                    1.2                       35
Sep-12                      406                            227                    1.8                       42
Aug-12                      349                            200                    1.7                       36
Jul-12                      339                            238                    1.4                       45
Jun-12                      372                            204                    1.8                       46
May-12                      376                            277                    1.4                       54
Apr-12                      440                            224                    2.0                       50
Mar-12                      438                            256                    1.7                       51
Feb-12                      437                            214                    2.0                       65
Jan-12                      427                            166                    2.6                       68
Dec-11                      387                            134                    2.9                       76
Nov-11                      519                            216                    2.4                       71
Oct-11                      682                            248                    2.8                       66
Sep-11                      753                            220                    3.4                       60
Aug-11                      659                            214                    3.1                       62
Jul-11                      682                            223                    3.1                       57
Jun-11                      671                            221                    3.0                       64
May-11                      627                            239                    2.6                       57
Apr-11                      635                            213                    3.0                       57
Mar-11                      631                            229                    2.8                       67
Feb-11                      574                            192                    3.0                       64
Jan-11                      533                            150                    3.6                       82
Dec-10                      489                            147                    3.3                       81
Nov-10                      716                            197                    3.6                       69




Clarus MarketMetrics®                                                                              2 of 2                                                                          12/12/2012
                                         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 Real Estate Market Data November 2012

  • 1. Ronny Budiutama Intero Real Estate Median Sold Price by Month Nov-10 vs. Nov-12: The median sold price is up 10% Nov-10 vs. Nov-12 Nov-10 Nov-12 Change % 755,000 830,000 75,000 +10% 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 12/12/2012 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 Nov-10 vs. Nov-12: The median sold price is up 10% Time Period Median Price # Units Average DOM Nov-12 830,000 263 42 Oct-12 844,500 250 45 Sep-12 722,500 178 46 Aug-12 766,500 240 50 Jul-12 759,000 216 47 Jun-12 780,000 267 60 May-12 783,000 236 47 Apr-12 760,000 221 54 Mar-12 713,250 222 64 Feb-12 637,000 181 63 Jan-12 620,000 129 81 Dec-11 610,000 231 63 Nov-11 682,500 232 57 Oct-11 743,000 201 54 Sep-11 652,325 211 65 Aug-11 697,620 209 64 Jul-11 735,000 205 62 Jun-11 744,225 264 59 May-11 709,500 222 63 Apr-11 701,000 197 67 Mar-11 759,500 216 65 Feb-11 621,000 124 83 Jan-11 610,000 161 71 Dec-10 705,000 231 66 Nov-10 755,000 184 59 Clarus MarketMetrics® 2 of 2 12/12/2012 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 Nov-10 vs. Nov-12: The median price of for sale properties is up 22% and the median price of sold properties is up 10% Nov-10 vs. Nov-12 Nov-10 vs. Nov-12 Nov-10 Nov-12 Change % Nov-10 Nov-12 Change % 699,000 850,000 151,000 +22% 755,000 830,000 75,000 +10% 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 12/12/2012 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 Nov-10 vs. Nov-12: The median price of for sale properties is up 22% and the median price of sold properties is up 10% For Sale # Properties Sold # Properties Price Time Period Median For Sale Median Sold Difference Nov-12 850,000 520 830,000 263 -20,000 Oct-12 834,500 696 844,500 250 10,000 Sep-12 858,000 669 722,500 178 -135,500 Aug-12 799,000 595 766,500 240 -32,500 Jul-12 789,000 627 759,000 216 -30,000 Jun-12 799,000 636 780,000 267 -19,000 May-12 750,000 705 783,000 236 33,000 Apr-12 699,000 705 760,000 221 61,000 Mar-12 699,000 734 713,250 222 14,250 Feb-12 699,000 689 637,000 181 -62,000 Jan-12 649,000 635 620,000 129 -29,000 Dec-11 659,000 640 610,000 231 -49,000 Nov-11 678,000 833 682,500 232 4,500 Oct-11 668,000 1,013 743,000 201 75,000 Sep-11 674,498 1,056 652,325 211 -22,172 Aug-11 650,000 971 697,620 209 47,620 Jul-11 659,000 1,001 735,000 205 76,000 Jun-11 678,000 976 744,225 264 66,225 May-11 689,000 914 709,500 222 20,500 Apr-11 699,000 924 701,000 197 2,000 Mar-11 675,000 919 759,500 216 84,500 Feb-11 666,500 820 621,000 124 -45,500 Jan-11 649,000 763 610,000 161 -39,000 Dec-10 659,900 819 705,000 231 45,100 Nov-10 699,000 1,038 755,000 184 56,000 Clarus MarketMetrics® 2 of 2 12/12/2012 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 Nov-10 vs. Nov-12: The number of Sold properties is up 43% Nov-10 vs. Nov-12 Nov-10 Nov-12 Change % 184 263 79 +43% 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 12/12/2012 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 Nov-10 vs. Nov-12: The number of Sold properties is up 43% Full Market Bank Properties Non-Bank Properties Time Period # Properties Median Price Average DOM # Properties % Bank Median Price # Properties % Non-Bank Median Price Nov-12 263 830,000 42 26 9.9 497,500 237 90.1 860,000 Oct-12 250 844,500 45 25 10.0 495,000 225 90.0 925,000 Sep-12 178 722,500 46 30 16.9 467,500 148 83.2 779,000 Aug-12 240 766,500 50 32 13.3 485,000 208 86.7 810,750 Jul-12 216 759,000 47 43 19.9 385,000 173 80.1 890,000 Jun-12 267 780,000 60 55 20.6 500,000 212 79.4 842,500 May-12 236 783,000 47 31 13.1 480,000 205 86.9 839,000 Apr-12 221 760,000 54 38 17.2 437,000 183 82.8 801,000 Mar-12 222 713,250 64 52 23.4 465,000 170 76.6 783,000 Feb-12 181 637,000 63 40 22.1 465,000 141 77.9 700,000 Jan-12 129 620,000 81 41 31.8 488,000 88 68.2 729,750 Dec-11 231 610,000 63 47 20.4 471,000 184 79.7 685,500 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-11 211 652,325 65 49 23.2 450,000 162 76.8 732,000 Aug-11 209 697,620 64 45 21.5 430,000 164 78.5 751,750 Jul-11 205 735,000 62 36 17.6 453,000 169 82.4 825,000 Jun-11 264 744,225 59 44 16.7 459,500 220 83.3 767,500 May-11 222 709,500 63 48 21.6 451,000 174 78.4 757,500 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-11 124 621,000 83 42 33.9 506,000 82 66.1 730,000 Jan-11 161 610,000 71 38 23.6 422,000 123 76.4 660,000 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 Clarus MarketMetrics® 2 of 2 12/12/2012 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 Nov-10 vs. Nov-12: The number of Under Contract properties is up 12% Nov-10 vs. Nov-12 Nov-10 Nov-12 Change % 197 221 24 +12% 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 12/12/2012 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 Nov-10 vs. Nov-12: The number of Under Contract properties is up 12% Full Market Bank Properties Non-Bank Properties Time Period # Properties Median Price Average DOM # Properties % Bank Median Price # Properties % Non-Bank Median Price Nov-12 221 765,000 47 29 13.1 464,900 192 86.9 799,000 Oct-12 297 799,000 35 29 9.8 460,000 268 90.2 812,000 Sep-12 227 799,000 42 27 11.9 457,900 200 88.1 849,000 Aug-12 200 699,000 36 23 11.5 410,000 177 88.5 749,000 Jul-12 238 727,000 45 35 14.7 499,000 203 85.3 779,000 Jun-12 204 699,000 46 33 16.2 399,999 171 83.8 799,000 May-12 277 738,000 54 52 18.8 446,250 225 81.2 799,000 Apr-12 224 699,000 50 41 18.3 465,000 183 81.7 799,000 Mar-12 256 717,450 51 51 19.9 425,000 205 80.1 799,000 Feb-12 214 704,231 65 51 23.8 450,000 163 76.2 775,000 Jan-12 166 649,000 68 46 27.7 420,000 120 72.3 765,000 Dec-11 134 604,500 76 30 22.4 494,450 104 77.6 677,000 Nov-11 216 614,000 71 51 23.6 429,000 165 76.4 699,000 Oct-11 248 660,000 66 59 23.8 469,900 189 76.2 775,000 Sep-11 220 699,944 60 34 15.4 488,500 186 84.5 787,000 Aug-11 214 679,000 62 45 21.0 444,900 169 79.0 738,000 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-11 213 729,000 57 35 16.4 488,000 178 83.6 793,500 Mar-11 229 699,000 67 62 27.1 434,900 167 72.9 799,000 Feb-11 192 739,000 64 39 20.3 469,900 153 79.7 799,000 Jan-11 150 630,315 82 52 34.7 446,200 98 65.3 703,200 Dec-10 147 630,000 81 41 27.9 419,900 106 72.1 674,500 Nov-10 197 748,000 69 26 13.2 502,150 171 86.8 789,000 Clarus MarketMetrics® 2 of 2 12/12/2012 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 Nov-10 vs. Nov-12: The number of New properties is down 15% Nov-10 vs. Nov-12 Nov-10 Nov-12 Change % 198 169 -29 -15% 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 12/12/2012 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 Nov-10 vs. Nov-12: The number of New properties is down 15% Full Market Bank Properties Non-Bank Properties Time Period # Properties Median Price # Properties % Bank Median Price # Properties % Non-Bank Median Price Nov-12 169 795,000 23 13.6 559,000 146 86.4 799,000 Oct-12 290 789,000 32 11.0 501,700 258 89.0 799,000 Sep-12 320 850,000 32 10.0 454,500 288 90.0 942,000 Aug-12 256 795,000 27 10.6 449,900 229 89.5 825,000 Jul-12 255 699,000 33 12.9 498,000 222 87.1 762,500 Jun-12 260 829,000 30 11.5 450,000 230 88.5 871,000 May-12 265 829,000 43 16.2 449,000 222 83.8 949,000 Apr-12 267 720,000 48 18.0 486,400 219 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 Clarus MarketMetrics® 2 of 2 12/12/2012 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 Nov-10 vs. Nov-12: The number of For Sale properties is down 50% Nov-10 vs. Nov-12 Nov-10 Nov-12 Change % 1,038 520 -518 -50% 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 12/12/2012 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 Nov-10 vs. Nov-12: The number of For Sale properties is down 50% Full Market Bank Properties Non-Bank Properties Time Period # Properties Median Price Average DOM # Properties % Bank Median Price # Properties % Non-Bank Median Price Nov-12 520 850,000 60 65 12.5 510,000 455 87.5 929,000 Oct-12 696 834,500 54 79 11.3 499,000 617 88.7 899,000 Sep-12 669 858,000 54 81 12.1 469,950 588 87.9 949,000 Aug-12 595 799,000 59 81 13.6 450,000 514 86.4 877,000 Jul-12 627 789,000 63 100 15.9 481,950 527 84.0 889,000 Jun-12 636 799,000 65 115 18.1 450,000 521 81.9 929,000 May-12 705 750,000 69 155 22.0 455,000 550 78.0 899,000 Apr-12 705 699,000 70 164 23.3 465,000 541 76.7 825,000 Mar-12 734 699,000 71 177 24.1 449,500 557 75.9 799,000 Feb-12 689 699,000 80 194 28.2 450,000 495 71.8 799,000 Jan-12 635 649,000 92 201 31.6 450,000 434 68.3 775,000 Dec-11 640 659,000 108 191 29.8 470,000 449 70.2 749,000 Nov-11 833 678,000 94 216 25.9 457,000 617 74.1 750,000 Oct-11 1,013 668,000 81 259 25.6 455,000 754 74.4 749,000 Sep-11 1,056 674,498 75 263 24.9 467,900 793 75.1 759,000 Aug-11 971 650,000 80 257 26.5 459,000 714 73.5 749,000 Jul-11 1,001 659,000 76 268 26.8 449,900 733 73.2 759,000 Jun-11 976 678,000 77 265 27.1 435,000 711 72.8 786,000 May-11 914 689,000 77 233 25.5 448,888 681 74.5 799,000 Apr-11 924 699,000 74 223 24.1 449,950 701 75.9 799,000 Mar-11 919 675,000 74 258 28.1 448,944 661 71.9 795,000 Feb-11 820 666,500 80 238 29.0 454,600 582 71.0 796,225 Jan-11 763 649,000 94 234 30.7 449,925 529 69.3 775,000 Dec-10 819 659,900 104 231 28.2 435,000 588 71.8 779,000 Nov-10 1,038 699,000 87 233 22.4 439,900 805 77.5 790,000 Clarus MarketMetrics® 2 of 2 12/12/2012 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 Nov-10 vs. Nov-12: The number of Expired properties is down 74% Nov-10 vs. Nov-12 Nov-10 Nov-12 Change % 125 33 -92 -74% 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 12/12/2012 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 Nov-10 vs. Nov-12: The number of Expired properties is down 74% Full Market Bank Properties Non-Bank Properties Time Period # Properties Median Price Average DOM # Properties % Bank Median Price # Properties % Non-Bank Median Price Nov-12 33 1,395,000 81 3 9.1 680,000 30 90.9 1,622,500 Oct-12 48 969,000 124 8 16.7 558,000 40 83.3 1,219,000 Sep-12 36 940,500 75 7 19.4 368,000 29 80.6 999,000 Aug-12 46 833,500 85 9 19.6 499,000 37 80.4 1,059,000 Jul-12 50 1,429,995 85 11 22.0 470,000 39 78.0 1,699,000 Jun-12 60 878,500 72 15 25.0 510,000 45 75.0 1,095,000 May-12 52 678,500 69 18 34.6 454,750 34 65.4 898,500 Apr-12 41 675,000 81 11 26.8 487,000 30 73.2 789,000 Mar-12 40 662,475 89 10 25.0 462,500 30 75.0 764,000 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-11 119 770,000 113 21 17.6 490,000 98 82.3 849,500 Nov-11 98 669,000 96 21 21.4 450,000 77 78.6 764,000 Oct-11 83 629,000 101 23 27.7 449,000 60 72.3 723,000 Sep-11 83 669,000 105 22 26.5 402,500 61 73.5 738,000 Aug-11 98 759,500 92 23 23.5 448,888 75 76.5 799,950 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 76 676,500 113 20 26.3 425,000 56 73.7 786,500 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-10 183 799,000 115 25 13.7 417,000 158 86.3 843,500 Nov-10 125 738,000 108 22 17.6 488,500 103 82.4 789,000 Clarus MarketMetrics® 2 of 2 12/12/2012 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 Nov-10 vs. Nov-12: The number of for sale properties is down 50% and the number of sold properties is up 43% Nov-10 vs. Nov-12 Nov-10 vs. Nov-12 Nov-10 Nov-12 Change % Nov-10 Nov-12 Change % 1,038 520 -518 -50% 184 263 79 +43% 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 12/12/2012 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 Nov-10 vs. Nov-12: The number of for sale properties is down 50% and the number of sold properties is up 43% # Properties Average DOM # Properties Average DOM Time Period For Sale For Sale Sold Sold Nov-12 520 60 263 42 Oct-12 696 54 250 45 Sep-12 669 54 178 46 Aug-12 595 59 240 50 Jul-12 627 63 216 47 Jun-12 636 65 267 60 May-12 705 69 236 47 Apr-12 705 70 221 54 Mar-12 734 71 222 64 Feb-12 689 80 181 63 Jan-12 635 92 129 81 Dec-11 640 108 231 63 Nov-11 833 94 232 57 Oct-11 1,013 81 201 54 Sep-11 1,056 75 211 65 Aug-11 971 80 209 64 Jul-11 1,001 76 205 62 Jun-11 976 77 264 59 May-11 914 77 222 63 Apr-11 924 74 197 67 Mar-11 919 74 216 65 Feb-11 820 80 124 83 Jan-11 763 94 161 71 Dec-10 819 104 231 66 Nov-10 1,038 87 184 59 Clarus MarketMetrics® 2 of 2 12/12/2012 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 Nov-10 vs. Nov-12: The average days on market is down 32% Nov-10 vs. Nov-12 Nov-10 Nov-12 Change % 69 47 -22 -32% 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 12/12/2012 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 Nov-10 vs. Nov-12: The average days on market is down 32% Time Period Average DOM # UC Units Nov-12 47 221 Oct-12 35 297 Sep-12 42 227 Aug-12 36 200 Jul-12 45 238 Jun-12 46 204 May-12 54 277 Apr-12 50 224 Mar-12 51 256 Feb-12 65 214 Jan-12 68 166 Dec-11 76 134 Nov-11 71 216 Oct-11 66 248 Sep-11 60 220 Aug-11 62 214 Jul-11 57 223 Jun-11 64 221 May-11 57 239 Apr-11 57 213 Mar-11 67 229 Feb-11 64 192 Jan-11 82 150 Dec-10 81 147 Nov-10 69 197 Clarus MarketMetrics® 2 of 2 12/12/2012 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 Nov-10 vs. Nov-12: The average months supply of inventory is down 67% Nov-10 vs. Nov-12 Nov-10 Nov-12 Change % 3.6 1.2 -2.4 -67% 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 12/12/2012 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 Nov-10 vs. Nov-12: The average months supply of inventory is down 67% # Units For Sale # UC Units UC Average Time Period Last Day of Month During Month MSI DOM Nov-12 266 221 1.2 47 Oct-12 351 297 1.2 35 Sep-12 406 227 1.8 42 Aug-12 349 200 1.7 36 Jul-12 339 238 1.4 45 Jun-12 372 204 1.8 46 May-12 376 277 1.4 54 Apr-12 440 224 2.0 50 Mar-12 438 256 1.7 51 Feb-12 437 214 2.0 65 Jan-12 427 166 2.6 68 Dec-11 387 134 2.9 76 Nov-11 519 216 2.4 71 Oct-11 682 248 2.8 66 Sep-11 753 220 3.4 60 Aug-11 659 214 3.1 62 Jul-11 682 223 3.1 57 Jun-11 671 221 3.0 64 May-11 627 239 2.6 57 Apr-11 635 213 3.0 57 Mar-11 631 229 2.8 67 Feb-11 574 192 3.0 64 Jan-11 533 150 3.6 82 Dec-10 489 147 3.3 81 Nov-10 716 197 3.6 69 Clarus MarketMetrics® 2 of 2 12/12/2012 Information not guaranteed. © 2012 - 2013 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td). 20 of 20