The statistical information for the city of “San Clemente, California” is extracted using CRMLS on 05/01/2012. It includes four sections: “Active” (Seller has accepted no offers at this time. This metric provides useful insight into the overall supply of properties); “Backup Offers” (Seller has accepted an offer but is still soliciting more offers through the MLS); “Pending Sales”(Buyer and seller have successfully negotiated a purchase contract and have opened escrow. The property is not on the market at this time. This metric is a direct measure of current sales activity and a leading indicator of market demand); and “Summary” which reflects the information for all the previous mentioned sections combined. Current report shows a decrease on the number of “Active” properties, an increase for “Backup Offers”, while there is also a decrease on the number of properties “Pending Sale” compared to the last report which was extracted on 04/01/2012.