To: Brokers and Agents
From: Utah County Association of Realtors®
Subject: Monthly Statistics--October 2007


1 Listing Count decreased 55 units from last month, but creates the third highest on record
behind August 2007 with 5323 active and under contract listings represents
5244 active and under contract listings represents an increase of about 50% over last year

2 Unit sales in Oct 07 of 338 units is 45% below 2006, 45.8% below 2005, and 28.1% below 2004.


3 If you look at the period of August to October 2007, sales number are 36.8% below 2006, 36.8% below
2005, and 17.1% below 2004 levels

4 The ratio of sales to listing during the summer of 2007 has been between 10.5 and 11.5%. This is well
below the 22% level of 2006 and the 15-17% level of 2005. Current numbers are tracking along the level
of 2003 and early 2004.

6 Inventory relative to sales has very slightly decreased in most categories--practically holding steady with last month.
We are still short on inventory under $200,000 price range.

7 Median and Average List Prices have been on a steady decline since February of 2007, but it has not
yet translated into a noticeable decline trend in sale prices.


8 Listings of homes over $500,000 continue to be up 51% over last year while YTD unit sales are up 3.6%

9 Condo listings are up 52% over last year with unit sales down 4.4% YTD.

Summary
10 The market has certainly changed over the last six months. It is not the fast and furious market of the last
two years. Homes are still selling and we appear to be in a stable market at this point. The fundamentals
for the future are still very strong.