Monthly Market Watch offered by Janet Zamora

16
May 2016 Monthly Market Watch San Diego North Inland Area

Transcript of Monthly Market Watch offered by Janet Zamora

May2016

MonthlyMarketWatch

San Diego North Inland Area

ReportOverviewThisreportincludesMLSdataforallresidentialhomesold intheSanDiegoNorthInlandareaincluding zipcodes92126, 92127,92128,92129,92131and92064whichinclude thecommunities ofRanchoBernardo,CarmelMountainRanch,SabreSprings, 4SRanch,TorreyHighlands,DelSur,SantaLuz,RanchoPenasquitos, Scripps Ranch,Poway,andMiraMesaasprovidedbyourMultiple ListingService(MLS) system.

Thisreportincludes thefollowingMLSdata:NumberofHomesSoldCompareRegularSales, ShortSales,andREOSalesAverageSalesPriceofHomesSoldSold PriceperSquareFootAverageDaysonMarketofHomesSoldActiveResidentialListings(Inventory)MonthsofResidentialInventory30-YearFixedInterestRateNationalStatisticsandTrends(1Q2016)

Allinformationisdeemedreliablebutnotguaranteed.

TotalNumberofHomesSOLDinTheSanDiegoNorthInlandArea

JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC2014 237 229 318 405 374 404 371 351 325 338 265 3482015 198 263 321 430 417 460 437 390 357 298 229 3202016 206 243 342 397

0

50

100

150

200

250

300

350

400

450

500

UNITSSO

LD

Source: Sandicor MLS. All InventoryInformation deemed reliable but not guaranteed

REO,Short,andRegularHomesSoldinTheSanDiegoNorthInlandArea

1Q13 2Q13 3Q13 4Q13 1Q14 2Q14 3Q14 4Q14 1Q15 2Q15 3Q15 4Q15 1Q16RegularSales 602 1008 1212 869 694 1088 986 895 729 1233 1143 822 762ShortSales 196 156 93 68 51 32 32 23 27 31 29 23 20REOSales 54 40 16 17 23 21 10 8 16 7 9 4 4

0200400600800100012001400

HomesSold

QuarterlyView

Source: Sandicor MLS. All InventoryInformation deemed reliable but not guaranteed

AverageSalesPriceofHomesSoldinTheSanDiegoNorthInlandArea

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec2014 $541,000 $548,000 $596,000 $607,000 $594,000 $630,000 $592,000 $625,000 $648,000 $615,000 $584,000 $639,0002015 $575,000 $662,000 $627,000 $642,000 $636,000 $658,000 $632,000 $635,000 $604,000 $601,000 $632,000 $622,0002016 $630,000 $615,000 $643,000 $640,000

$350,000

$400,000

$450,000

$500,000

$550,000

$600,000

$650,000

$700,000

AverageS

alesPrice

Source: Sandicor MLS. All InventoryInformation deemed reliable but not guaranteed

SoldPriceperSquareFootinTheSanDiegoNorthInlandArea

JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC2014 296 307 305 311 312 317 311 318 312 315 312 3122015 313 314 316 323 324 329 330 326 327 323 328 3262016 322 336 334 340

240

260

280

300

320

340

360

$/Sq

uareFo

otSource: Sandicor MLS. All Inventory

Information deemed reliable but not guaranteed

AverageDaysonMarketofHomesSoldinTheSanDiegoNorthInlandArea

JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC2014 48 39 47 39 35 34 38 38 41 41 43 482015 46 49 41 36 29 31 29 32 34 39 38 412016 44 45 31 27

0

10

20

30

40

50

60

DaysonTh

eMarket

Source: Sandicor MLS. All InventoryInformation deemed reliable but not guaranteed

ActiveResidentialListings(Inventory)inTheSanDiegoNorthInlandArea

JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC2014 512 480 556 600 695 776 929 936 877 843 673 5332015 526 538 563 631 635 692 766 762 731 666 569 4372016 448 481 526 595

0

100

200

300

400

500

600

700

800

900

1000

HomesForSale

Source: Sandicor MLS. All InventoryInformation deemed reliable but not guaranteed

MonthsofResidentialInventoryinTheSanDiegoNorthInlandArea

JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC2014 2.16 2.1 1.75 1.48 1.86 1.92 2.5 2.67 2.7 2.49 2.54 1.532015 2.66 2.05 1.75 1.47 1.52 1.5 1.75 1.95 2.05 2.23 2.48 1.322016 2.17 1.98 1.54 1.75

0

0.5

1

1.5

2

2.5

3

3.5

Mon

thso

fInv

entory

Source: Sandicor MLS. All InventoryInformation deemed reliable but not guaranteed

30-YearFixedInterestRate(%)

JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC2014 4.43 4.3 4.34 4.34 4.19 4.18 4.13 4.12 4.16 4.04 4 3.862015 3.67 3.71 3.77 3.67 3.84 3.98 4.05 3.91 3.89 3.8 3.94 3.962016 3.88 3.66 3.69 3.63

3.003.203.403.603.804.004.204.404.604.805.005.205.405.605.806.00

Percen

tSource: Federal Home Loan Corporation (Freddie Mac)

KellerWilliamsRealtyvs.SandicorMLSTotalsChangeinYearoverYearStatistics

Rolling12Months,April30th 2016/2015

SDCounty2016/2015

KWSDNI2016/2015

KWSDNI/SDMLS

RealtorCount 0.8% 24.1% 23.3%ListingsTakenUnits -4.3% 7.2% 11.4%ListingsTakenVolume 1.5% 23.5% 22.1%ListingsSoldUnits 3.0% 8.0% 5.0%ListingsSoldVolume 4.5% 20.6% 16.1%ContractsWrittenUnits 3.0% -5.2% -8.2%ContractsWrittenVolume 2.8% 6.9% 4.1%ContractsClosedUnits 3.0% 5.7% 2.6%ContractsClosedVolume 4.5% 19.9% 15.4%

Source: Sandicor MLS. All Inventory Information deemed reliable but not guaranteedSandicor MLS totals taken from respective residential search results for all of San Diego County

Keller Williams Realty (KWR) totals account for all respective business conducted by KWR San Diego North Inland

KellerWilliamsRealtyvs.SandicorMLSTotalsChangeinYearoverYearStatistics

Rolling12Months,April30th 2016/2015

Source: Sandicor MLS, All Inventory Information deemed reliable but not guaranteed. Sandicor MLS totals taken from respective residential search results for all of San Diego County, Keller Williams Realty (KWR) totals account for all respective business conducted by KWR San Diego North Inland.

-10%

-5%

0%

5%

10%

15%

20%

25%

Realtor Count

Listings Taken Units

Listings Taken

Volume

Listings Sold Units

Listings Sold

Volume

Contracts Written Units

Contracts Written Volume

Contracts Closed Units

Contracts Closed Volume

0.8%

-4.3%

1.5%3.0%

4.5%3.0% 2.8% 3.0%

4.5%

24.1%

7.2%

23.5%

8.0%

20.6%

-5.2%

6.9%5.7%

19.9%

23.3%

11.4%

22.1%

5.0%

16.1%

-8.2%

4.1%2.6%

15.4%

Realtor Count ListingsTakenUnits

ListingsTakenVolume

ListingsSoldUnits

ListingsSoldVolume

ContractsWritten Units

ContractsWritten Volume

ContractsClosedUnits

ContractsClosedVolume

Region 0.8% -4.3% 1.5% 3.0% 4.5% 3.0% 2.8% 3.0% 4.5%

KW 24.1% 7.2% 23.5% 8.0% 20.6% -5.2% 6.9% 5.7% 19.9%

KWDifference 23.3% 11.4% 22.1% 5.0% 16.1% -8.2% 4.1% 2.6% 15.4%

Top Five Inland Corridor Brokers Homes Sold, Market Share Comparison (Volume)

Rolling 12 Months, April 30th 2016

Source: BrokerMetrics - All Inventory Information deemed reliable but not guaranteedBrokerage totals account for all residential sales closed within San Diego County by each listed broker office

36.10%

20.75%

20.68%

12.63%

9.85%

KellerWilliamsRealty13400SabreSpringsPkwySanDiego,CA9212836.10%MktShare883Units$552,996,001Volume

ColdwellBanker16363BernardoCenterDrSanDiego,CA9212820.75%MktShare539Units$317,861,613Volume

Windemere16783BernardoCenterDrSanDiego,CA9212820.68%MktShare518Units$316,835,527Volume

RE/MAX16787BernardoCenterDr#6SanDiego,CA9212812.63%MktShare344Units$193,492,888Volume

BerkshireHathaway16969BernardoCenterDrSanDiego,CA921289.85%MktShare245Units$150,857,506Volume