Home Sales

MARKET SNAPSHOT

Change in median price, June ’08 - June ’09

The volume of homes sold in June continued to shrink throughout much of the Houston area while price trends were mixed. Sales by region in June compared with the same month one year ago: 60

39

WALLER CO.

19 45

15

MONTGOMERY CO.

40

14 HARRIS CO.

26

35

13

8 10

36 37

30

FORT BEND CO. 59

8

11

Map area/description

38

LIBERTY CO.

1960

1

9

8

52

2 10

4

610

6

3

288

6

5

BRAZORIA CO.

June ’09 sales

Change in sales, June ’08June ’09

213 151 149 34 268 102 182 192 177 181 89 155 243 138 359 65 125 17 59 102 21 54 66 65 240 14 55 148 127 61 126 352 21 129 305 186 123 111 50 23 4

-13.4% -16.6% -10.8% 6.3% -8.2% -16.4% -9.0% -13.9% -17.7% -17.7% -15.2% -9.4% -1.6% -25.8% -12.7% -27.8% -5.3% -39.3% -26.3% -15.7% -22.2% -10.0% -22.4% -17.7% -1.6% -54.8% -3.5% -24.1% 11.4% -40.2% 18.9% -12.4% -25.0% -3.7% -6.4% -3.6% -42.0% -14.6% 25.0% -17.9% -50.0%

1 - Northeast 2 - East 3 - Southeast 4 - South 5 - Brazoria County 6 - Pasadena Area 7 - Clear Lake Area 8 - Hwy. 6 North 9 - Central North 10 - Cy-Fair 11 - Near North 12 - North 13 - Northwest 14 - Far Northwest 15 - Montgomery Co. SW 16 - Central 17 - Southwest 18 - South Central 19 - Mongomery Co. NE 20 - Bellaire South 21 - Bellaire West 22 - Central West 23 - Memorial 24 - Spring Branch 25 - Far West 26 - Waller County 28 - Alief Area 29 - Fort Bend Central 30 - Fort Bend Southwest 31 - West 32 - Far Northeast 33 - Galveston County 34 - Aldine-Westfield 35 - Tomball/Cypress 36 - South Katy Area 37 - Fort Bend West 38 - Fort Bend East 39 - Montgomery Co. NW 40 - Montgomery Co. SE 52 - Liberty County 60 - Grimes County

32

34

24 23 22 16 31 17 28 21 20 18 29

59

12

10

25

Up more than 10% Up less than 10% No change Down less than 10% Down more than 10%

45

7 Galveston Bay 33

GALVESTON CO. Change June ’09 in price, median June ’08price June ’09

$159,900 $84,000 $92,000 $77,000 $170,000 $125,250 $164,950 $154,000 $250,000 $165,000 $94,400 $97,950 $142,900 $158,250 $235,000 $366,700 $677,500 $84,450 $104,120 $145,500 $120,000 $445,000 $597,780 $219,000 $121,000 $109,900 $88,680 $251,200 $197,450 $224,000 $196,000 $171,000 $70,000 $182,730 $249,500 $163,000 $125,500 $192,000 $150,000 $118,700 $48,250

2.2% -4.5% -14.0% -22.4% 1.9% 6.2% 1.2% -1.2% 1.6% 3.2% 5.2% -11.0% -2.4% 5.5% 0.0% -9.0% 2.8% 54.2% -9.6% -9.1% -11.0% -14.1% 4.0% 13.2% -1.4% 2.6% -10.9% 3.8% -2.5% -4.1% -3.9% -0.7% -9.3% 7.8% 7.5% 8.7% -0.7% -3.5% 6.0% 45.6% -66.1%

Sources: Real Estate Center at Texas A&M University; Houston Association of Realtors JAY CARR : C H R O N I C L E