This Week Supply and Demand Pricereallivingimages.fnistools.com/Uploads/Teams/444721/... · 2011....

10
25 3 1492 162 2.0 30 2.0 0 165 2.0 22 137 2 2 37 $ 104,875 4 2 23 2.0 2 2.0 856 22 $ 73,000 2.0 157 $ 159,550 2.5 $ 200,000 29 3 1222 The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend. Home sales have been exceeding new inventory for several weeks. Since this is a Buyer's market prices are not yet moving higher as excess inventory is consumed. However, as the supply and demand trends continue, the market moves into the Seller's zone, and we are likely to see upward pressure on pricing. Even though the days-on-market is trending higher, so is the Market Action Index at these inventory levels, providing a neutral outlook for the market. ESCONDIDO, CA Real Living Lifestyles Executive Summary 22 929 1.0 Monday August 8, 2011 The median list price in ESCONDIDO, CA this week is $130,000. Investigate the market in quartiles - where each quartile is 25% of homes ordered by price. Most expensive 25% of properties Upper-middle 25% of properties Lower-middle 25% of properties Least expensive 25% of properties Quartile Median Price Beds Baths Age Inventory New Absorbed DOM Square Feet Real Living LIFESTYLES | 1-877-433-9469 | [email protected] No change Strong upward trend Strong downward trend Slight upward trend Slight downward trend ±+ == ≠≠ = Powered by Altos Research LLC | www.altosresearch.com | Copyright ©2010 Altos Research LLC Condos - Townhomes - TICs 22.9 Percent Relisted (reset DOM) 1164 2.0 11 % Median Number of Bathrooms 155 Median List Price Average Days on Market (DOM) $ 115 Percent Flip (price increased) Median House Size (sq ft) $ 130,000 22 % 2.0 Market Action Index Median Number of Bedrooms Asking Price Per Square Foot 8 % Percent of Properties with Price Decrease Strong Buyer's ±+ ±+ == == Bottom/Fourth Lower/Third Upper/Second Top/First This Week Supply and Demand Real-Time Market Profile Trend Price Price Trends Market Action Index The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer. Quartiles Characteristics per Quartile 90-Day Rolling Average 7-Day Rolling Average Buyer/Seller Cutoff 90-Day Rolling Average 7-Day Rolling Average

Transcript of This Week Supply and Demand Pricereallivingimages.fnistools.com/Uploads/Teams/444721/... · 2011....

Page 1: This Week Supply and Demand Pricereallivingimages.fnistools.com/Uploads/Teams/444721/... · 2011. 8. 9. · Condos - Townhomes - TICs 14.9 Percent Relisted (reset DOM) 1395 3.0 4

25 31492

1622.0 30

2.0

0

165

2.0 22

137

2

2

37

$ 104,875

4

2

23

2.0

22.0

856

22

$ 73,000

2.0

157

$ 159,550

2.5$ 200,000

29

3

1222

The market seems to have paused around this plateau. TheMarket Action Index is a good leading indicator for the durabilityof this trend.

Home sales have been exceeding new inventory for several weeks.Since this is a Buyer's market prices are not yet moving higher asexcess inventory is consumed. However, as the supply and demandtrends continue, the market moves into the Seller's zone, and we arelikely to see upward pressure on pricing.

Even though the days-on-market is trending higher, so is the MarketAction Index at these inventory levels, providing a neutral outlookfor the market.

ESCONDIDO, CAReal Living LifestylesExecutive Summary

22

929

1.0

Monday August 8, 2011

The median list price in ESCONDIDO, CA this week is $130,000.

Investigate the market in quartiles -where each quartile is 25% of homesordered by price.

Most expensive 25% of properties

Upper-middle 25% of properties

Lower-middle 25% of properties

Least expensive 25% of properties

Quartile Median Price Beds Baths Age Inventory New Absorbed DOMSquare Feet

Real Living LIFESTYLES | 1-877-433-9469 | [email protected]

No change Strong upward trend Strong downward trend

Slight upward trend Slight downward trend±+ == ≠≠

≠=

Powered by Altos Research LLC | www.altosresearch.com | Copyright ©2010 Altos Research LLC

Condos - Townhomes - TICs

22.9

Percent Relisted (reset DOM)

1164

2.0

11 %

Median Number of Bathrooms

155

Median List Price

Average Days on Market (DOM)$ 115

Percent Flip (price increased)Median House Size (sq ft)

$ 130,000

22 %

2.0

Market Action Index

Median Number of Bedrooms

Asking Price Per Square Foot

8 %Percent of Properties with Price Decrease

Strong Buyer's

±+

±+

==

==

Bottom/Fourth

Lower/Third

Upper/Second

Top/First

This Week

Supply and Demand

Real-Time Market Profile Trend

Price

Price Trends

Market Action Index

The Market Action Index answers the question "How's theMarket?" by measuring the current rate of sale versus theamount of the inventory. Index above 30 implies Seller'sMarket conditions. Below 30, conditions favor the buyer.

QuartilesCharacteristics per Quartile

90-Day Rolling Average7-Day Rolling Average Buyer/Seller Cutoff

90-Day Rolling Average7-Day Rolling Average

Page 2: This Week Supply and Demand Pricereallivingimages.fnistools.com/Uploads/Teams/444721/... · 2011. 8. 9. · Condos - Townhomes - TICs 14.9 Percent Relisted (reset DOM) 1395 3.0 4

18 01406

933.0 26

3.0

0

111

2.5 6

221

2

1

27

$ 267,500

0

0

7

3.0

03.0

1179

6

$ 199,900

3.0

84

$ 302,200

3.0$ 332,000

24

1

1382

The market seems to have paused around this plateau. TheMarket Action Index is a good leading indicator for the durabilityof this trend.

Home sales have been exceeding new inventory for several weeks.Since this is a Buyer's market prices are not yet moving higher asexcess inventory is consumed. However, as the supply and demandtrends continue, the market moves into the Seller's zone, and we arelikely to see upward pressure on pricing.

Inventory has been lightening lately and the Market Action Indexhas been trending up. Though days-on-market is increasing, theseare mildly positive indications for the market.

POWAY, CAReal Living LifestylesExecutive Summary

6

1454

2.0

Monday August 8, 2011

The median list price in POWAY, CA this week is $285,083.

Investigate the market in quartiles -where each quartile is 25% of homesordered by price.

Most expensive 25% of properties

Upper-middle 25% of properties

Lower-middle 25% of properties

Least expensive 25% of properties

Quartile Median Price Beds Baths Age Inventory New Absorbed DOMSquare Feet

Real Living LIFESTYLES | 1-877-433-9469 | [email protected]

No change Strong upward trend Strong downward trend

Slight upward trend Slight downward trend±+ == ≠≠

≠=

Powered by Altos Research LLC | www.altosresearch.com | Copyright ©2010 Altos Research LLC

Condos - Townhomes - TICs

14.9

Percent Relisted (reset DOM)

1395

3.0

4 %

Median Number of Bathrooms

131

Median List Price

Average Days on Market (DOM)$ 202

Percent Flip (price increased)Median House Size (sq ft)

$ 285,083

64 %

3.0

Market Action Index

Median Number of Bedrooms

Asking Price Per Square Foot

8 %Percent of Properties with Price Decrease

Strong Buyer's

±+

±+

==

==

Bottom/Fourth

Lower/Third

Upper/Second

Top/First

This Week

Supply and Demand

Real-Time Market Profile Trend

Price

Price Trends

Market Action Index

The Market Action Index answers the question "How's theMarket?" by measuring the current rate of sale versus theamount of the inventory. Index above 30 implies Seller'sMarket conditions. Below 30, conditions favor the buyer.

QuartilesCharacteristics per Quartile

90-Day Rolling Average7-Day Rolling Average Buyer/Seller Cutoff

90-Day Rolling Average7-Day Rolling Average

Page 3: This Week Supply and Demand Pricereallivingimages.fnistools.com/Uploads/Teams/444721/... · 2011. 8. 9. · Condos - Townhomes - TICs 14.9 Percent Relisted (reset DOM) 1395 3.0 4

5 11491

1302.0 19

1.0

0

132

2.0 21

81

0

3

17

$ 200,000

2

2

21

3.0

32.0

756

20

$ 149,000

2.0

83

$ 282,450

3.0$ 399,450

16

1

1389

We continue to see prices in this zip code bouncing around thisplateau. Look for a persistent up-shift in the Market Action Indexbefore we see prices move from these levels.

Home sales have been exceeding new inventory for several weeks.Since this is a Buyer's market prices are not yet moving higher asexcess inventory is consumed. However, as the supply and demandtrends continue, the market moves into the Seller's zone, and we arelikely to see upward pressure on pricing.

Inventory is tightening and days-on-market is falling. The MarketAction Index shows demand heating up. These are relatively bullishsigns for prices.

SAN DIEGO, CA 92127 -Real Living LifestylesExecutive Summary

20

968

1.0

Monday August 8, 2011

The median list price in SAN DIEGO, CA 92127 - Rancho Bernardothis week is $228,950.

Investigate the market in quartiles -where each quartile is 25% of homesordered by price.

Most expensive 25% of properties

Upper-middle 25% of properties

Lower-middle 25% of properties

Least expensive 25% of properties

Quartile Median Price Beds Baths Age Inventory New Absorbed DOMSquare Feet

Real Living LIFESTYLES | 1-877-433-9469 | [email protected]

No change Strong upward trend Strong downward trend

Slight upward trend Slight downward trend±+ == ≠≠

≠=

Powered by Altos Research LLC | www.altosresearch.com | Copyright ©2010 Altos Research LLC

Condos - Townhomes - TICs

16.8

Percent Relisted (reset DOM)

1085

2.0

11 %

Median Number of Bathrooms

106

Median List Price

Average Days on Market (DOM)$ 216

Percent Flip (price increased)Median House Size (sq ft)

$ 228,950

40 %

2.0

Market Action Index

Median Number of Bedrooms

Asking Price Per Square Foot

7 %Percent of Properties with Price Decrease

Strong Buyer's

±+

±+

≠≠

==

Bottom/Fourth

Lower/Third

Upper/Second

Top/First

This Week

Supply and Demand

Real-Time Market Profile Trend

Price

Price Trends

Market Action Index

The Market Action Index answers the question "How's theMarket?" by measuring the current rate of sale versus theamount of the inventory. Index above 30 implies Seller'sMarket conditions. Below 30, conditions favor the buyer.

QuartilesCharacteristics per Quartile

90-Day Rolling Average7-Day Rolling Average Buyer/Seller Cutoff

90-Day Rolling Average7-Day Rolling Average

Page 4: This Week Supply and Demand Pricereallivingimages.fnistools.com/Uploads/Teams/444721/... · 2011. 8. 9. · Condos - Townhomes - TICs 14.9 Percent Relisted (reset DOM) 1395 3.0 4

20 41449

1472.0 26

2.0

1

140

2.0 47

132

2

3

25

$ 234,500

2

1

47

3.0

22.0

1016

46

$ 185,000

2.0

118

$ 282,500

3.0$ 370,000

18

1

1227

We continue to see prices in this zip code bouncing around thisplateau. Look for a persistent up-shift in the Market Action Indexbefore we see prices move from these levels.

Home sales have been exceeding new inventory for several weeks.Since this is a Buyer's market prices are not yet moving higher asexcess inventory is consumed. However, as the supply and demandtrends continue, the market moves into the Seller's zone, and we arelikely to see upward pressure on pricing.

Inventory has been lightening lately and the Market Action Indexhas been trending up. Though days-on-market is increasing, theseare mildly positive indications for the market.

SAN DIEGO, CA 92128 -Real Living LifestylesExecutive Summary

46

1190

2.0

Monday August 8, 2011

The median list price in SAN DIEGO, CA 92128 - Rancho Bernardothis week is $257,925.

Investigate the market in quartiles -where each quartile is 25% of homesordered by price.

Most expensive 25% of properties

Upper-middle 25% of properties

Lower-middle 25% of properties

Least expensive 25% of properties

Quartile Median Price Beds Baths Age Inventory New Absorbed DOMSquare Feet

Real Living LIFESTYLES | 1-877-433-9469 | [email protected]

No change Strong upward trend Strong downward trend

Slight upward trend Slight downward trend±+ == ≠≠

≠=

Powered by Altos Research LLC | www.altosresearch.com | Copyright ©2010 Altos Research LLC

Condos - Townhomes - TICs

16.0

Percent Relisted (reset DOM)

1204

2.0

5 %

Median Number of Bathrooms

134

Median List Price

Average Days on Market (DOM)$ 213

Percent Flip (price increased)Median House Size (sq ft)

$ 257,925

48 %

2.0

Market Action Index

Median Number of Bedrooms

Asking Price Per Square Foot

12 %Percent of Properties with Price Decrease

Strong Buyer's

±+

±+

==

==

Bottom/Fourth

Lower/Third

Upper/Second

Top/First

This Week

Supply and Demand

Real-Time Market Profile Trend

Price

Price Trends

Market Action Index

The Market Action Index answers the question "How's theMarket?" by measuring the current rate of sale versus theamount of the inventory. Index above 30 implies Seller'sMarket conditions. Below 30, conditions favor the buyer.

QuartilesCharacteristics per Quartile

90-Day Rolling Average7-Day Rolling Average Buyer/Seller Cutoff

90-Day Rolling Average7-Day Rolling Average

Page 5: This Week Supply and Demand Pricereallivingimages.fnistools.com/Uploads/Teams/444721/... · 2011. 8. 9. · Condos - Townhomes - TICs 14.9 Percent Relisted (reset DOM) 1395 3.0 4

14 01547

1122.0 14

2.0

2

119

2.0 16

122

0

1

26

$ 270,000

0

0

17

3.0

13.0

1052

16

$ 210,000

2.0

98

$ 334,500

3.0$ 464,450

15

1

1318

Again this week in this zip code we see a downward notch forprices. Pricing has been weak in recent weeks and versus theirabsolute-high level. At this point, we will be looking for apersistent upward shift in the Market Action Index as a leadingindicator for a trough in prices.

The market has settled in at a relative stasis in inventory and salesconditions. It's a Buyer's market that has seen prices trend lower.Expect that consistent up trends in demand will be required beforeprice trends change significantly.

Inventory has been tightening and days-on-market increasingrecently. The Market Action Index has been basically flat, notproviding strong indication for market conditions.

SAN DIEGO, CA 92131Real Living LifestylesExecutive Summary

16

1094

2.0

Monday August 8, 2011

The median list price in SAN DIEGO, CA 92131 this week is$290,000.

Investigate the market in quartiles -where each quartile is 25% of homesordered by price.

Most expensive 25% of properties

Upper-middle 25% of properties

Lower-middle 25% of properties

Least expensive 25% of properties

Quartile Median Price Beds Baths Age Inventory New Absorbed DOMSquare Feet

Real Living LIFESTYLES | 1-877-433-9469 | [email protected]

No change Strong upward trend Strong downward trend

Slight upward trend Slight downward trend±+ == ≠≠

≠=

Powered by Altos Research LLC | www.altosresearch.com | Copyright ©2010 Altos Research LLC

Condos - Townhomes - TICs

14.7

Percent Relisted (reset DOM)

1264

3.0

6 %

Median Number of Bathrooms

113

Median List Price

Average Days on Market (DOM)$ 254

Percent Flip (price increased)Median House Size (sq ft)

$ 290,000

54 %

2.0

Market Action Index

Median Number of Bedrooms

Asking Price Per Square Foot

3 %Percent of Properties with Price Decrease

Strong Buyer's

≠≠

≠≠

==

±+

Bottom/Fourth

Lower/Third

Upper/Second

Top/First

This Week

Supply and Demand

Real-Time Market Profile Trend

Price

Price Trends

Market Action Index

The Market Action Index answers the question "How's theMarket?" by measuring the current rate of sale versus theamount of the inventory. Index above 30 implies Seller'sMarket conditions. Below 30, conditions favor the buyer.

QuartilesCharacteristics per Quartile

90-Day Rolling Average7-Day Rolling Average Buyer/Seller Cutoff

90-Day Rolling Average7-Day Rolling Average

Page 6: This Week Supply and Demand Pricereallivingimages.fnistools.com/Uploads/Teams/444721/... · 2011. 8. 9. · Condos - Townhomes - TICs 14.9 Percent Relisted (reset DOM) 1395 3.0 4

19 93447

1352.0 33

3.0

20

138

3.0 191

143

10

17

1.0 - 2.5acres

44

$ 309,000

12

22

192

4.0

8,001 -10,000 sqft

133.0

1264 6,501 -8,000 sqft

191

$ 228,250

4.0

157

0.25 - 0.50acre$ 449,900

4.0$ 725,000

21

16

2604

Despite this week's up tic, the market seems to have pausedaround this plateau. The Market Action Index is a good leadingindicator for the durability of this shift.

Home sales have been exceeding new inventory for several weeks.Since this is a Buyer's market prices are not yet moving higher asexcess inventory is consumed. However, as the supply and demandtrends continue, the market moves into the Seller's zone, and we arelikely to see upward pressure on pricing.

Even though the days-on-market is trending higher, so is the MarketAction Index at these inventory levels, providing a neutral outlookfor the market.

ESCONDIDO, CAReal Living LifestylesExecutive Summary

191

1649

2.0

Monday August 8, 2011

The median list price in ESCONDIDO, CA this week is $359,676.

Investigate the market in quartiles -where each quartile is 25% of homesordered by price.

Most expensive 25% of properties

Upper-middle 25% of properties

Lower-middle 25% of properties

Least expensive 25% of properties

Quartile Median Price Lot Size Beds Baths Age Inventory New Absorbed DOMSq. Ft.

Real Living LIFESTYLES | 1-877-433-9469 | [email protected]

No change Strong upward trend Strong downward trend

Slight upward trend Slight downward trend±+ == ≠≠

≠=

Powered by Altos Research LLC | www.altosresearch.com | Copyright ©2010 Altos Research LLC

Single Family Homes

Median Lot Size

17.2

Percent Relisted (reset DOM)

2048

3.0

6 %

Median Number of Bathrooms

143

Median List Price

Average Days on Market (DOM)$ 185

Percent Flip (price increased)

0.25 - 0.50 acreMedian House Size (sq ft)

$ 359,676

42 %

3.0

Market Action Index

Median Number of Bedrooms

Asking Price Per Square Foot

12 %Percent of Properties with Price Decrease

Strong Buyer's

±+

±+

==

==

Bottom/Fourth

Lower/Third

Upper/Second

Top/First

This Week

Supply and Demand

Real-Time Market Profile Trend

Price

Price Trends

Market Action Index

The Market Action Index answers the question "How's theMarket?" by measuring the current rate of sale versus theamount of the inventory. Index above 30 implies Seller'sMarket conditions. Below 30, conditions favor the buyer.

QuartilesCharacteristics per Quartile

7-Day Rolling Average 90-Day Rolling Average Buyer/Seller Cutoff

7-Day Rolling Average 90-Day Rolling Average

Page 7: This Week Supply and Demand Pricereallivingimages.fnistools.com/Uploads/Teams/444721/... · 2011. 8. 9. · Condos - Townhomes - TICs 14.9 Percent Relisted (reset DOM) 1395 3.0 4

11 34919

942.0 33

3.0

7

127

4.0 57

110

4

3

1.0 - 2.5acres

41

$ 549,000

4

1

58

5.0

0.25 - 0.50acre

63.0

1332 6,501 -8,000 sqft

57

$ 335,000

4.0

200

0.50 - 1.0acre$ 869,900

5.0$ 1,500,000

23

5

3093

Despite this week's down tic, the market seems to have pausedaround this plateau. The Market Action Index is a good leadingindicator for the durability of this shift.

Home sales have been exceeding new inventory for several weeks.Since this is a Buyer's market prices are not yet moving higher asexcess inventory is consumed. However, as the supply and demandtrends continue, the market moves into the Seller's zone, and we arelikely to see upward pressure on pricing.

Inventory has been lightening lately and the Market Action Indexhas been trending up. These are mildly positive indications for themarket.

POWAY, CAReal Living LifestylesExecutive Summary

57

2100

2.0

Monday August 8, 2011

The median list price in POWAY, CA this week is $729,000.

Investigate the market in quartiles -where each quartile is 25% of homesordered by price.

Most expensive 25% of properties

Upper-middle 25% of properties

Lower-middle 25% of properties

Least expensive 25% of properties

Quartile Median Price Lot Size Beds Baths Age Inventory New Absorbed DOMSq. Ft.

Real Living LIFESTYLES | 1-877-433-9469 | [email protected]

No change Strong upward trend Strong downward trend

Slight upward trend Slight downward trend±+ == ≠≠

≠=

Powered by Altos Research LLC | www.altosresearch.com | Copyright ©2010 Altos Research LLC

Single Family Homes

Median Lot Size

18.1

Percent Relisted (reset DOM)

2520

3.0

7 %

Median Number of Bathrooms

133

Median List Price

Average Days on Market (DOM)$ 280

Percent Flip (price increased)

0.50 - 1.0 acreMedian House Size (sq ft)

$ 729,000

41 %

4.0

Market Action Index

Median Number of Bedrooms

Asking Price Per Square Foot

12 %Percent of Properties with Price Decrease

Strong Buyer's

±+

±+

±+

==

Bottom/Fourth

Lower/Third

Upper/Second

Top/First

This Week

Supply and Demand

Real-Time Market Profile Trend

Price

Price Trends

Market Action Index

The Market Action Index answers the question "How's theMarket?" by measuring the current rate of sale versus theamount of the inventory. Index above 30 implies Seller'sMarket conditions. Below 30, conditions favor the buyer.

QuartilesCharacteristics per Quartile

7-Day Rolling Average 90-Day Rolling Average Buyer/Seller Cutoff

7-Day Rolling Average 90-Day Rolling Average

Page 8: This Week Supply and Demand Pricereallivingimages.fnistools.com/Uploads/Teams/444721/... · 2011. 8. 9. · Condos - Townhomes - TICs 14.9 Percent Relisted (reset DOM) 1395 3.0 4

5 74854

993.0 5

3.0

3

119

4.0 66

114

7

4

0.50 - 1.0acre

22

$ 669,000

3

5

66

5.0

4,501 -6,500 sqft

74.0

1854 4,501 -6,500 sqft

66

$ 494,000

4.0

176

8,001 -10,000 sqft$ 872,444

5.0$ 1,765,000

8

3

3710

Prices in this zip code have been on a downward trend recentlyand this week, while essentially flat, doesn't break us out of thatcycle.

Home sales have been exceeding new inventory for several weeks.However because of excess inventory, prices have not yet stoppedfalling. Should the sales trend continue, expect prices to level offsoon and potentially to resume their climb from there. Watch pricesas the market transitions from a Buyer's market to a Seller's market.

Inventory and days-on-market are both trending higher recently.However, the improving Market Action Index implies someincreased demand will temper the negative trends.

SAN DIEGO, CA 92127 -Real Living LifestylesExecutive Summary

65

3014

3.0

Monday August 8, 2011

The median list price in SAN DIEGO, CA 92127 - Rancho Bernardothis week is $752,423.

Investigate the market in quartiles -where each quartile is 25% of homesordered by price.

Most expensive 25% of properties

Upper-middle 25% of properties

Lower-middle 25% of properties

Least expensive 25% of properties

Quartile Median Price Lot Size Beds Baths Age Inventory New Absorbed DOMSq. Ft.

Real Living LIFESTYLES | 1-877-433-9469 | [email protected]

No change Strong upward trend Strong downward trend

Slight upward trend Slight downward trend±+ == ≠≠

≠=

Powered by Altos Research LLC | www.altosresearch.com | Copyright ©2010 Altos Research LLC

Single Family Homes

Median Lot Size

16.3

Percent Relisted (reset DOM)

3224

4.0

5 %

Median Number of Bathrooms

127

Median List Price

Average Days on Market (DOM)$ 260

Percent Flip (price increased)

8,001 - 10,000 sqftMedian House Size (sq ft)

$ 752,423

42 %

4.0

Market Action Index

Median Number of Bedrooms

Asking Price Per Square Foot

10 %Percent of Properties with Price Decrease

Strong Buyer's

≠≠

≠≠

==

==

Bottom/Fourth

Lower/Third

Upper/Second

Top/First

This Week

Supply and Demand

Real-Time Market Profile Trend

Price

Price Trends

Market Action Index

The Market Action Index answers the question "How's theMarket?" by measuring the current rate of sale versus theamount of the inventory. Index above 30 implies Seller'sMarket conditions. Below 30, conditions favor the buyer.

QuartilesCharacteristics per Quartile

7-Day Rolling Average 90-Day Rolling Average Buyer/Seller Cutoff

7-Day Rolling Average 90-Day Rolling Average

Page 9: This Week Supply and Demand Pricereallivingimages.fnistools.com/Uploads/Teams/444721/... · 2011. 8. 9. · Condos - Townhomes - TICs 14.9 Percent Relisted (reset DOM) 1395 3.0 4

23 33086

1062.0 25

2.0

5

123

3.0 53

118

7

4

0.25 - 0.50acre

39

$ 500,000

8

1

53

3.0

6,501 -8,000 sqft

43.0

1500 6,501 -8,000 sqft

52

$ 399,000

4.0

108

6,501 -8,000 sqft$ 575,000

4.0$ 804,000

24

7

2156

Recently prices in this zip have settled at a plateau even thoughthey dipped this week. Look for a persistent up-shift in theMarket Action Index before we see prices significantly movefrom these levels.

Home sales have been exceeding new inventory for several weeks.Since this is a Buyer's market prices are not yet moving higher asexcess inventory is consumed. However, as the supply and demandtrends continue, the market moves into the Seller's zone, and we arelikely to see upward pressure on pricing.

Demand measured by the Market Action Index is increasing anddays-on-market is holding steady. With more properties comingavailable, conditions are mildly positive.

SAN DIEGO, CA 92128 -Real Living LifestylesExecutive Summary

52

1750

2.0

Monday August 8, 2011

The median list price in SAN DIEGO, CA 92128 - Rancho Bernardothis week is $542,500.

Investigate the market in quartiles -where each quartile is 25% of homesordered by price.

Most expensive 25% of properties

Upper-middle 25% of properties

Lower-middle 25% of properties

Least expensive 25% of properties

Quartile Median Price Lot Size Beds Baths Age Inventory New Absorbed DOMSq. Ft.

Real Living LIFESTYLES | 1-877-433-9469 | [email protected]

No change Strong upward trend Strong downward trend

Slight upward trend Slight downward trend±+ == ≠≠

≠=

Powered by Altos Research LLC | www.altosresearch.com | Copyright ©2010 Altos Research LLC

Single Family Homes

Median Lot Size

15.9

Percent Relisted (reset DOM)

1985

3.0

5 %

Median Number of Bathrooms

114

Median List Price

Average Days on Market (DOM)$ 266

Percent Flip (price increased)

8,001 - 10,000 sqftMedian House Size (sq ft)

$ 542,500

50 %

3.0

Market Action Index

Median Number of Bedrooms

Asking Price Per Square Foot

16 %Percent of Properties with Price Decrease

Strong Buyer's

±+

≠≠

±+

==

Bottom/Fourth

Lower/Third

Upper/Second

Top/First

This Week

Supply and Demand

Real-Time Market Profile Trend

Price

Price Trends

Market Action Index

The Market Action Index answers the question "How's theMarket?" by measuring the current rate of sale versus theamount of the inventory. Index above 30 implies Seller'sMarket conditions. Below 30, conditions favor the buyer.

QuartilesCharacteristics per Quartile

7-Day Rolling Average 90-Day Rolling Average Buyer/Seller Cutoff

7-Day Rolling Average 90-Day Rolling Average

Page 10: This Week Supply and Demand Pricereallivingimages.fnistools.com/Uploads/Teams/444721/... · 2011. 8. 9. · Condos - Townhomes - TICs 14.9 Percent Relisted (reset DOM) 1395 3.0 4

5 34035

1163.0 16

3.0

6

131

4.0 29

136

2

5

0.25 - 0.50acre

15

$ 667,000

2

2

30

5.0

6,501 -8,000 sqft

43.0

1722 4,501 -6,500 sqft

29

$ 525,000

4.0

157

8,001 -10,000 sqft$ 799,000

5.0$ 979,000

12

6

3258

In this zip code this week saw relatively little price change fromlast week. However, we continue to demonstrate a nice up trendin general over the last several weeks.

Home sales have been exceeding new inventory for several weeks.While still a Buyer's market, prices seem to have responded bymoving upward. If the demand trends continue, expect prices tokeep marching upward, especially once we see a Seller's Market.

Inventory has been lightening lately and the Market Action Indexhas been trending up. Though days-on-market is increasing, theseare mildly positive indications for the market.

SAN DIEGO, CA 92131Real Living LifestylesExecutive Summary

29

2523

3.0

Monday August 8, 2011

The median list price in SAN DIEGO, CA 92131 this week is$715,000.

Investigate the market in quartiles -where each quartile is 25% of homesordered by price.

Most expensive 25% of properties

Upper-middle 25% of properties

Lower-middle 25% of properties

Least expensive 25% of properties

Quartile Median Price Lot Size Beds Baths Age Inventory New Absorbed DOMSq. Ft.

Real Living LIFESTYLES | 1-877-433-9469 | [email protected]

No change Strong upward trend Strong downward trend

Slight upward trend Slight downward trend±+ == ≠≠

≠=

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Single Family Homes

Median Lot Size

18.4

Percent Relisted (reset DOM)

2864

3.0

3 %

Median Number of Bathrooms

135

Median List Price

Average Days on Market (DOM)$ 264

Percent Flip (price increased)

8,001 - 10,000 sqftMedian House Size (sq ft)

$ 715,000

46 %

4.0

Market Action Index

Median Number of Bedrooms

Asking Price Per Square Foot

12 %Percent of Properties with Price Decrease

Strong Buyer's

==

±+

==

==

Bottom/Fourth

Lower/Third

Upper/Second

Top/First

This Week

Supply and Demand

Real-Time Market Profile Trend

Price

Price Trends

Market Action Index

The Market Action Index answers the question "How's theMarket?" by measuring the current rate of sale versus theamount of the inventory. Index above 30 implies Seller'sMarket conditions. Below 30, conditions favor the buyer.

QuartilesCharacteristics per Quartile

7-Day Rolling Average 90-Day Rolling Average Buyer/Seller Cutoff

7-Day Rolling Average 90-Day Rolling Average