Prepared by Forrest Barbee * Information deemed reliable, but not guaranteed * Resale Market Only

Equity Title of Nevada August 2013 Greater Las Vegas Market Update

REO8% Short 

Sales28%Classic

64%

July Closings by Type

Cash54%Con

27%

FHA12%

VA4%

Other2%

July Closings by Sold Terms

0.0%

10.0%

20.0%

30.0%

40.0%

50.0%

60.0%

70.0%

80.0%

90.0%

Closed Sales Trend by Type

REO Short Classic2009 20112010 2012 2013

 ‐

 50,000

 100,000

 150,000

 200,000

 250,000

 300,000

 350,000

 400,000

 450,000

 500,000

SFR Market Prices

Average Median Avg‐Traditional

Available Units

Average List Price

Average LP/Sq Ft

Pending Units

July Sold Units

30 Day Absorption

Rate

Median Sold Price

Average Sold Price

Average SP/Sq Ft

Average DOM

REO: 290 199,721 104 360 218 75.2% 172,950 202,395 96 48Short Sales: 512 218,702 97 6,219 844 164.8% 149,000 173,674 84 78

Classic: 4,475 448,952 141 2,730 1,869 41.8% 195,000 244,258 111 34Total GLVAR: 5,277 412,860 114 9,309 2,931 55.5% 180,000 220,835 102 48

Greater Las Vegas Snapshot by Sale Type - SFR Only

This data includes all GLVAR listings and sales within the Greater Las Vegas market area; SFR

Available Units

Average List Price

Average LP/Sq Ft

Pending Units

July Sold Units

30 Day Absorption

Rate

Median Sold Price

Average Sold Price

Average SP/Sq Ft

Average DOM

REO: 422 165,008 96 474 270 64.0% 157,450 178,605 90 49Short Sales: 689 184,169 91 7,470 1,023 148.5% 137,000 157,648 82 79

Classic: 5,706 379,175 132 3,178 2,324 40.7% 175,000 218,233 107 35Total GLVAR: 6,817 346,260 126 11,122 3,617 53.1% 163,500 198,151 98 48

Greater Las Vegas Snapshot by Sale Type

This data includes all GLVAR listings and sales within the Greater Las Vegas market area; SFR, CON, TWH, MAN

Prepared by Forrest Barbee * Information deemed reliable, but not guaranteed * Resale Market Only

Equity Title of Nevada August 2013 Greater Las Vegas Market Update

 ‐

 500

 1,000

 1,500

 2,000

 2,500

 3,000

 3,500

 4,000

Greater Las Vegas SFR Closings with Trend Line

2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013

1749  2217  1985  1778 1397 

983  2224  2608  2509  2931 2284 

1740  2431 2038 

1787 1407 

1098 

2288  2390  2591  3053 2639 

2187 

3460 3127 

2521 

1605 1478 

2980  3175  3384 3534 

2958 

2413 

3267 

2957 

2266 

1381 1794 

3198  2951  3084 3185 

3049 

2537 

3204 

3096 

2556 

1568 2026 

3255  2884  3111 3413 

3074 

2505 

3552 

3318 

2510 

1476  2226 

3785  3360 3629 

3212 

2964 

2983 

3397 

3240 

1996 

1318 2592 

3738 2948 

3164 2887 

2931 

2923 

3192 

3331 

2097 

1316 

2545 

3229 

2819 

3706  3076 2803 

2922 

2985 

1739 

990 

2783 

3358 

2806 

3242  2666 

2684 

2604 

2574 

1689 

974 

2718 

3535 

2599 

3118 2995 

2803 

2492 

2441 

1547 

968 

2183 

3117 

2777 

3159 2661 

2818 

2522 

2437 

1644 

879 

2498 

3420 

3117 

3456 

2961 

Single Family Residential Closings

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

Prepared by Forrest Barbee * Information deemed reliable, but not guaranteed * Resale Market Only

Equity Title of Nevada August 2013 Greater Las Vegas Market Update

0

20

40

60

80

100

120

140

160

Jan‐08

Mar‐08

May

‐08

Jul‐0

8

Sep‐08

Nov

‐08

Jan‐09

Mar‐09

May

‐09

Jul‐0

9

Sep‐09

Nov

‐09

Jan‐10

Mar‐10

May

‐10

Jul‐1

0

Sep‐10

Nov

‐10

Jan‐11

Mar‐11

May

‐11

Jul‐1

1

Sep‐11

Nov

‐11

Jan‐12

Mar‐12

May

‐12

Jul‐1

2

Sep‐12

Nov

‐12

Jan‐13

Mar‐13

May

‐13

Jul‐ 1

3

S

P

/

S

q

F

t

Sales Price per Square Foot TrendSingle Family Residences

0

500

1000

1500

2000

2500

3000

3500

4000

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul

1334  1280 1440 

1147  1098 908 

598  517  368  326  289  281  275  255  319  309  311  238  218 

825  912 

956 

983  1119 

1118 

1208  1337 

1217  1394 1140 

1417 

851  1040  1017  1012  1043 942 

844 

771 860 

1138 

1055 

1197 

1187 

1076 1222 

1081 

1276 

1232 

1263 

1157 

1344 

1622  1728  1720 1784 

1869 

SFR Monthly Closings By Type

REO Short Sales Classic

2012 2013

Prepared by Forrest Barbee * Information deemed reliable, but not guaranteed * Resale Market Only

Equity Title of Nevada August 2013 Greater Las Vegas Market Update

Cash51%Conv

22%

FHA21%

VA4%

Other2%

2011 YTD Closings By Sold Terms

REO49%

Short Sales24%

Classic27%

Greater Las Vegas ‐ YTD Closings By Type ‐ 2011

REO27%

Short Sales36%

Classic37%

Greater Las Vegas ‐ Closings By Type ‐ 2012

Cash53%

Conv24%

FHA17%

VA4%

Other2%

2012 Closings By Sold Terms

REO10%

Short Sales33%Classic

57%

Greater Las Vegas ‐ Closings By Type ‐ 2013

Cash57%

Conv25%

FHA12%

VA4%

Other2%

2013 Closings By Sold Terms

Prepared by Forrest Barbee * Information deemed reliable, but not guaranteed * Resale Market Only

Equity Title of Nevada August 2013 Greater Las Vegas Market Update

SFRConTwn

Total % Tot SFRConTwn

Total % Tot

$99,999 or Under 306 450 756 16% 268 380 648 18%$100,000 - 119,999 224 100 324 7% 190 86 276 8%$120,000 - 139,999 359 94 453 9% 298 59 357 10%$140,000 - 159,999 402 53 455 9% 347 39 386 11%$160,000 - 179,999 438 29 467 10% 354 14 368 10%$180,000 - 199,999 370 18 388 8% 272 14 286 8%$200,000 - 249,999 655 23 678 14% 484 19 503 14%$250,000 - 299,999 399 15 414 9% 264 4 268 8%$300,000 - 399,999 453 12 465 10% 251 3 254 7%$400,000 - 499,999 201 4 205 4% 95 6 101 3%$500,000 - 749,999 120 3 123 3% 69 3 72 2%$750,000 - 999,999 48 - 48 1% 20 1 21

$1,000,000 + 77 5 82 2% 19 - 19 1%Totals 4,052 806 4,858 100% 2,931 628 3,559 100%

Median Price 199,000 95,000 179,900 180,000 86,200 165,000 Average Price 273,546 115,755 247,421 220,829 103,975 200,210

Residential Home Listing and Sales Report * July 2013

SoldListed

SFRConTwn

Total % Tot SFRConTwn

Total % Tot

$99,999 or Under 5,440 6,134 11,574 23% 5,731 5,199 10,930 26%$100,000 - 119,999 3,302 966 4,268 9% 3,383 740 4,123 10%$120,000 - 139,999 4,895 707 5,602 11% 4,612 496 5,108 12%$140,000 - 159,999 4,489 406 4,895 10% 3,950 280 4,230 10%$160,000 - 179,999 4,101 229 4,330 9% 3,407 147 3,554 9%$180,000 - 199,999 3,037 129 3,166 6% 2,433 90 2,523 6%$200,000 - 249,999 5,392 187 5,579 11% 4,261 103 4,364 11%$250,000 - 299,999 3,282 80 3,362 7% 2,368 26 2,394 6%$300,000 - 399,999 3,249 50 3,299 7% 2,231 22 2,253 5%$400,000 - 499,999 1,299 33 1,332 3% 884 25 909 2%$500,000 - 749,999 995 23 1,018 2% 602 11 613 1%$750,000 - 999,999 407 3 410 1% 217 1 218 1%

$1,000,000 + 539 10 549 1% 218 2 220 1%Totals 40,427 8,957 49,384 100% 34,297 7,142 41,439 100%

Median Price 169,000 79,900 150,000 155,000 75,000 140,700 Average Price 231,680 94,933 206,892 194,630 86,378 175,973

Listed

Residential Listing and Sales Report * Rolling 12 Months * Ending July 2013

Sold

Prepared by Forrest Barbee * Information deemed reliable, but not guaranteed * Resale Market Only

Equity Title of Nevada August 2013 Greater Las Vegas Market Update

0

1000

2000

3000

4000

5000

6000

7000

8000

Residential Listings Taken vs Listings Sold

Sold

Listed

Available

Sold ‐

 2,000

 4,000

 6,000

 8,000

 10,000

 12,000

 14,000

 16,000

Single Family Residences (SFR)

Prepared by Forrest Barbee * Information deemed reliable, but not guaranteed * Resale Market Only

Equity Title of Nevada August 2013 Greater Las Vegas Market Update

Equity Title of Nevada (702)432-1111

www.equitynv.com

REO8% Short 

Sales28%Classic

64%

July Closings by Type

Cash54%Con

27%

FHA12%

VA4%

Other

2%

July Closings by Sold Terms

Available

Sold ‐

 2,000

 4,000

 6,000

 8,000

 10,000

 12,000

 14,000

 16,000

Single Family Residences (SFR)

YTD Closed 2012 YTD Closed 2013 Units Change % Change27,295 24,496 (2,799) -10.3%

AreaTotal

Currently Listed

REO Listed

SS Listed

Classic Listed

Sold % SoldMonths Supply

AvgDOM

Average List Price

Average Close Price

North (101, 103) 549 40 63 446 387 70% 1.4 41 191,272 161,303

East (201-204) 478 30 68 380 278 58% 1.7 49 150,481 121,162

South (301-303) 499 43 53 403 311 62% 1.6 50 267,856 173,814

NW (102, 401-403, 405) 1014 56 110 848 628 62% 1.6 41 293,299 196,741

Summerlin (404) 271 8 13 250 145 54% 1.9 47 780,043 402,457

SW (501-505) 1228 66 90 1072 612 50% 2.0 59 572,037 281,467

Henderson 792 28 68 696 495 63% 1.6 51 639,590 261,314

Boulder City 51 1 2 48 18 35% 2.8 95 589,405 254,272

Totals 4,882 272 467 4,143 2,874 59% 1.7 49 421,582 222,349

Single Family Residence - July 2013

AreaTotal

Currently Listed

REO Listed

SS Listed

Classic Listed

Sold % SoldMonths Supply

Avg DOM

Average List Price

Average Close Price

North (101, 103) 64 4 6 54 18 28% 3.6 42 83,366 89,750

East (201-204) 176 7 20 149 65 37% 2.7 59 90,236 59,066

South (301-303) 250 14 27 209 96 38% 2.6 50 91,835 86,241

NW (102, 401-403, 405) 273 26 34 213 146 53% 1.9 49 93,213 86,225

Summerlin (404) 56 2 3 51 39 70% 1.4 28 310,591 251,918

SW (501-505) 245 27 37 181 153 62% 1.6 51 122,928 95,985

Henderson 182 19 24 139 99 54% 1.8 46 176,369 132,829

Boulder City 12 1 1 10 6 50% 2.0 85 191,510 118,900

Totals 1258 100 152 1006 622 49% 2.0 49 120,415 104,014

Condominium & Townhouse - July 2013