SF Bay Area Housing on May 31, 2006                            SF Bay Area Housing on May 31, 2007

                                 Average    Median  Average                                     Average    Median  Average      Change     Change
                                 List       List    Days                                        List       List    Days         In         In
                                 Price      Price   On Market                                   Price      Price   On Market    Average    Median
                                                                                                                                List       List
                                                                                                                                Price      Price
Santa Clara County, CA                                         Santa Clara County, CA        
    Single Family < 1M          $752,378   $739,750  31            Single Family < 1M          $715,953   $695,000  55            -5%        -6%
    Single Family > 1M        $2,165,280 $1,598,000  49            Single Family > 1M        $2,016,393 $1,589,000  66            -7%        -1%
    Condo < 600K                $465,026   $464,950  30            Condo < 600K                $445,369   $439,000  52            -4%        -6%
    Condo > 600K                $740,099   $695,000  30            Condo > 600K                $736,903   $686,000  37             0%        -1%
                                                                                                                                  
San Mateo County, CA                                           San Mateo County, CA                                           
    Single Family < 1M          $788,274   $779,000  38            Single Family < 1M          $749,193   $739,000  54            -5%        -5%
    Single Family > 1M        $2,808,338 $1,798,000  55            Single Family > 1M        $2,590,887 $1,660,000  55            -8%        -8%
    Condo < 600K                $466,829   $485,000  43            Condo < 600K                $458,972   $475,000  59            -2%        -2%
    Condo > 600K                $836,655   $735,000  39            Condo > 600K                $931,285   $790,000  71            11%         7%
                                                                                                                                  
Contra Costa County, CA                                        Contra Costa County, CA                                   
    Single Family < 1M          $614,576   $589,000  37            Single Family < 1M          $555,069   $525,000  56           -10%       -11%
    Single Family > 1M        $1,631,339 $1,325,000  34            Single Family > 1M        $1,724,241 $1,399,000  52             6%         6%
    Condo < 600K                $393,073   $382,950  39            Condo < 600K                $365,282   $356,900  56            -7%        -7%
    Condo > 600K                $714,004   $699,000  30            Condo > 600K                $719,740   $687,900  50             1%        -2%
                                                                                                                                 
Alameda County, CA                                             Alameda County, CA                                        
    Single Family < 1M          $645,401   $629,900  34            Single Family < 1M          $599,940   $580,000  49            -7%        -8%
    Single Family > 1M        $1,695,852 $1,350,000  41            Single Family > 1M        $1,731,729 $1,400,000  58             2%         4%
    Condo < 600K                $440,946   $439,500  36            Condo < 600K                $426,059   $419,500  48            -3%        -5%
    Condo > 600K                $704,111   $660,000  33            Condo > 600K                $699,691   $650,990  44            -1%        -1%
                                                                                                                    
Santa Cruz County, CA                                          Santa Cruz County, CA                                          
    Single Family < 1M          $731,838   $745,000  59            Single Family < 1M          $681,253   $688,900  78            -7%        -8%
    Single Family > 1M        $1,814,947 $1,429,000  67            Single Family > 1M        $1,886,481 $1,479,000  89             4%         3%
    Condo < 600K                $490,220   $499,000  50            Condo < 600K                $476,862   $499,000  75            -3%         0%
    Condo > 600K                $913,688   $799,000  42            Condo > 600K                $865,945   $699,500  87            -5%       -12%
                                                                                                                                  
Monterey County, CA                                            Monterey County, CA                                            
    Single Family < 1M          $657,586   $645,000  73            Single Family < 1M          $606,091   $585,000  91            -8%        -9%
    Single Family > 1M        $2,586,191 $1,700,000 100            Single Family > 1M        $2,428,313 $1,650,000 116            -6%        -3%  
    Condo < 600K                $427,196   $400,000  65            Condo < 600K                $396,185   $370,000 107            -7%        -8%  
    Condo > 600K              $1,129,612   $775,000  83            Condo > 600K                $908,049   $779,500  97           -20%         1%
                                                                                                                             
Data from MLS