Valencia CA real estate housing market update May 12, 2014

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05/12/2014 Clarus MarketMetrics® Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td). Connor and Paris MacIVOR RE/MAX's Paris911 Team Market Dynamics 1 of 21

description

This week in Valencia CA real estate we have a median listing price of $599,900. There are 93 real estate listings that have been on the market in Valencia CA for an average of 52 days. The market action index has been trending down lately while inventory and days on market are climbing. The trends imply the Valencia CA single family housing real estate market are weakening a bit. Reference to the Supply and demand in Valencia CA, during the past few weeks, the Valencia CA market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to continue keeping us in a sellers real estate market. But be prepared that we should fall back into a buyers market with more inventory and buyers slowing their approach to the Valencia CA real estate procurement. We are the Paris911 Team of Realtors at REMAX of Valencia CA http://paris911.com and we would be glad to serve your real estate needs. Be safe - search well and let my team and I know when you are ready for our assistance with everything that is Valencia CA and greater Los Angeles real estate.

Transcript of Valencia CA real estate housing market update May 12, 2014

Page 1: Valencia CA real estate housing market update May 12, 2014

05/12/2014Clarus MarketMetrics®Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

Connor and Paris MacIVORRE/MAX's Paris911 Team

Market Dynamics

1 of 21

Page 2: Valencia CA real estate housing market update May 12, 2014

Apr-14527,500

Apr-13465,000

%+13%

Change62,500

Apr-13 vs. Apr-14: The median sold price is up 13%Median Sold Price by Month

RE/MAX's Paris911 Team

Apr-13 vs. Apr-14

Connor and Paris MacIVOR

Clarus MarketMetrics® 1 of 2 05/12/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

AllBathrooms:MLS: AllAllSq Ft:

ValenciaResidential: (Single Family Residence)Period: All All

Property Types:Cities:

AllConstruction Type:Price: Lot Size:Bedrooms:1 year (monthly)CRMLS

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Page 3: Valencia CA real estate housing market update May 12, 2014

Median Sold Price by MonthApr-13 vs. Apr-14: The median sold price is up 13%

RE/MAX's Paris911 TeamConnor and Paris MacIVOR

Time Period Median Price # Units Average DOMApr-14 527,500 68 50Mar-14 485,000 43 73Feb-14 515,000 34 55Jan-14 470,000 54 61Dec-13 472,500 58 66Nov-13 484,000 49 51Oct-13 487,000 64 47Sep-13 515,000 47 44Aug-13 480,000 61 43Jul-13 457,000 71 42Jun-13 467,500 60 47May-13 450,000 67 40Apr-13 465,000 71 46

Clarus MarketMetrics® 2 of 2 05/12/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

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Page 4: Valencia CA real estate housing market update May 12, 2014

Apr-13 vs. Apr-14: The median price of for sale properties is up 24% and the median price of sold properties is up 13%

RE/MAX's Paris911 Team

Apr-13 vs. Apr-14

480,000 +24%

Connor and Paris MacIVOR

595,000Apr-14

Median For Sale vs. Median Sold

ChangeApr-13 %115,000

Apr-13 Apr-14 %465,000 +13%

Apr-13 vs. Apr-14

527,500Change62,500

Clarus MarketMetrics® 1 of 2 05/12/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

AllBathrooms:MLS: AllAllSq Ft:

ValenciaResidential: (Single Family Residence)Period: All All

Property Types:Cities:

AllConstruction Type:Price: Lot Size:Bedrooms:1 year (monthly)CRMLS

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Page 5: Valencia CA real estate housing market update May 12, 2014

Median For Sale vs. Median SoldApr-13 vs. Apr-14: The median price of for sale properties is up 24% and the median price of sold properties is up 13%

RE/MAX's Paris911 TeamConnor and Paris MacIVOR

Time Period For SaleMedian SoldMedianFor Sale # Properties # PropertiesSold Price

Difference

Apr-14 205 68595,000 527,500 -67,500Mar-14 198 43577,870 485,000 -92,870Feb-14 182 34584,870 515,000 -69,870Jan-14 187 54594,900 470,000 -124,900Dec-13 177 58549,000 472,500 -76,500Nov-13 206 49542,450 484,000 -58,450Oct-13 218 64539,950 487,000 -52,950Sep-13 233 47539,000 515,000 -24,000Aug-13 215 61530,000 480,000 -50,000Jul-13 197 71525,000 457,000 -68,000Jun-13 184 60499,950 467,500 -32,449May-13 163 67480,000 450,000 -30,000Apr-13 159 71480,000 465,000 -15,000

Clarus MarketMetrics®Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

2 of 2 05/12/2014

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Page 6: Valencia CA real estate housing market update May 12, 2014

Apr-1468

Apr-1371

%-4%

Change-3

Apr-13 vs. Apr-14: The number of Sold properties is down 4%Sold Properties by Month

RE/MAX's Paris911 Team

Apr-13 vs. Apr-14

Connor and Paris MacIVOR

Clarus MarketMetrics® 1 of 2 05/12/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

AllBathrooms:MLS: AllAllSq Ft:

ValenciaResidential: (Single Family Residence)Period: All All

Property Types:Cities:

AllConstruction Type:Price: Lot Size:Bedrooms:1 year (monthly)CRMLS

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Page 7: Valencia CA real estate housing market update May 12, 2014

Sold Properties by MonthApr-13 vs. Apr-14: The number of Sold properties is down 4%

RE/MAX's Paris911 TeamConnor and Paris MacIVOR

Time Period

Full Market# Properties Median Price Average DOM

Bank Properties# Properties % Bank Median Price

Non-Bank Properties# Properties % Non-Bank Median Price

Apr-14 527,50068 50 7 10.3 575,000 61 89.7 520,000Mar-14 485,00043 73 5 11.6 470,000 38 88.4 485,000Feb-14 515,00034 55 2 5.9 628,500 32 94.1 515,000Jan-14 470,00054 61 9 16.7 403,000 45 83.3 475,000Dec-13 472,50058 66 7 12.1 430,000 51 87.9 482,500Nov-13 484,00049 51 3 6.1 340,000 46 93.9 494,500Oct-13 487,00064 47 14 21.9 439,000 50 78.1 497,500Sep-13 515,00047 44 7 14.9 460,000 40 85.1 520,000Aug-13 480,00061 43 10 16.4 398,000 51 83.6 487,500Jul-13 457,00071 42 12 16.9 385,000 59 83.1 465,000Jun-13 467,50060 47 10 16.7 392,500 50 83.3 489,500May-13 450,00067 40 15 22.4 379,900 52 77.6 468,500Apr-13 465,00071 46 16 22.5 432,500 55 77.5 476,000

Clarus MarketMetrics® 2 of 2 05/12/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

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Page 8: Valencia CA real estate housing market update May 12, 2014

Apr-1470

Apr-1365

%+8%

Change5

Apr-13 vs. Apr-14: The number of Under Contract properties is up 8%Under Contract Properties by Month

RE/MAX's Paris911 Team

Apr-13 vs. Apr-14

Connor and Paris MacIVOR

Clarus MarketMetrics® 1 of 2 05/12/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

AllBathrooms:MLS: AllAllSq Ft:

ValenciaResidential: (Single Family Residence)Period: All All

Property Types:Cities:

AllConstruction Type:Price: Lot Size:Bedrooms:1 year (monthly)CRMLS

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Page 9: Valencia CA real estate housing market update May 12, 2014

Under Contract Properties by MonthApr-13 vs. Apr-14: The number of Under Contract properties is up 8%

RE/MAX's Paris911 TeamConnor and Paris MacIVOR

Time Period

Full Market# Properties Median Price Average DOM

Bank Properties# Properties % Bank Median Price

Non-Bank Properties# Properties % Non-Bank Median Price

Apr-14 532,45070 41 545,00088.662466,61511.48Mar-14 520,00059 53 520,00089.853508,50010.26Feb-14 530,00057 58 539,00086.049512,50014.08Jan-14 510,00053 67 499,98084.945555,00015.18Dec-13 462,50038 55 481,95089.534394,45010.54Nov-13 489,95046 68 483,70091.342520,5508.74Oct-13 485,00061 57 497,45088.554389,00011.57Sep-13 489,00057 59 500,00080.746449,00019.311Aug-13 527,45052 46 530,00086.545475,00013.57Jul-13 475,00055 50 477,45087.348409,90012.77Jun-13 469,99059 37 475,00086.451425,00013.68May-13 449,99959 32 450,00089.853424,90010.26Apr-13 475,00065 31 475,00084.655447,00015.410

Clarus MarketMetrics® 2 of 2 05/12/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

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Page 10: Valencia CA real estate housing market update May 12, 2014

Apr-1479

Apr-1378

%+1%

Change1

Apr-13 vs. Apr-14: The number of New properties is up 1%New Properties by Month

RE/MAX's Paris911 Team

Apr-13 vs. Apr-14

Connor and Paris MacIVOR

Clarus MarketMetrics® 1 of 2 05/12/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

AllBathrooms:MLS: AllAllSq Ft:

ValenciaResidential: (Single Family Residence)Period: All All

Property Types:Cities:

AllConstruction Type:Price: Lot Size:Bedrooms:1 year (monthly)CRMLS

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Page 11: Valencia CA real estate housing market update May 12, 2014

New Properties by MonthApr-13 vs. Apr-14: The number of New properties is up 1%

RE/MAX's Paris911 TeamConnor and Paris MacIVOR

Time Period # Properties

Full MarketMedian Price

Bank Properties# Properties % Bank Median Price

Non-Bank Properties# Properties % Non-Bank Median Price

Apr-14 535,00079 7 8.9 500,000 72 91.1 539,900Mar-14 539,95091 8 8.8 486,615 83 91.2 550,000Feb-14 540,00067 8 11.9 487,500 59 88.1 544,900Jan-14 565,00071 3 4.2 695,000 68 95.8 553,750Dec-13 502,50030 5 16.7 495,000 25 83.3 515,000Nov-13 510,00061 4 6.6 409,950 57 93.4 530,000Oct-13 499,99058 5 8.6 389,000 53 91.4 500,000Sep-13 539,00089 12 13.5 476,500 77 86.5 539,900Aug-13 530,00092 11 12.0 501,100 81 88.0 530,000Jul-13 509,47584 18 21.4 414,450 66 78.6 547,450Jun-13 489,90087 10 11.5 465,600 77 88.5 499,000May-13 487,45082 9 11.0 415,000 73 89.0 509,000Apr-13 475,00078 8 10.3 441,450 70 89.7 475,000

Clarus MarketMetrics® 2 of 2 05/12/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

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Page 12: Valencia CA real estate housing market update May 12, 2014

Apr-14205

Apr-13159

%+29%

Change46

Apr-13 vs. Apr-14: The number of For Sale properties is up 29%For Sale Properties by Month

RE/MAX's Paris911 Team

Apr-13 vs. Apr-14

Connor and Paris MacIVOR

Clarus MarketMetrics® 1 of 2 05/12/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

AllBathrooms:MLS: AllAllSq Ft:

ValenciaResidential: (Single Family Residence)Period: All All

Property Types:Cities:

AllConstruction Type:Price: Lot Size:Bedrooms:1 year (monthly)CRMLS

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Page 13: Valencia CA real estate housing market update May 12, 2014

For Sale Properties by MonthApr-13 vs. Apr-14: The number of For Sale properties is up 29%

RE/MAX's Paris911 TeamConnor and Paris MacIVOR

# PropertiesTime Period

Full Market# Properties Median Price Average DOM

Bank Properties Non-Bank Properties% Bank Median Price # Properties % Non-Bank Median Price

Apr-14 595,000205 50 21 10.2 500,000 184 89.8 599,000Mar-14 577,870198 55 20 10.1 500,000 178 89.9 598,388Feb-14 584,870182 67 26 14.3 481,000 156 85.7 594,950Jan-14 594,900187 75 27 14.4 510,000 160 85.6 599,000Dec-13 549,000177 83 30 16.9 449,950 147 83.0 594,900Nov-13 542,450206 73 32 15.5 442,500 174 84.5 549,950Oct-13 539,950218 65 36 16.5 458,500 182 83.5 554,950Sep-13 539,000233 60 45 19.3 450,000 188 80.7 550,000Aug-13 530,000215 58 43 20.0 459,000 172 80.0 549,900Jul-13 525,000197 58 43 21.8 429,900 154 78.2 552,500Jun-13 499,950184 56 36 19.6 422,450 148 80.4 523,000May-13 480,000163 58 33 20.2 415,000 130 79.8 525,000Apr-13 480,000159 60 35 22.0 425,000 124 78.0 527,000

Clarus MarketMetrics® 2 of 2 05/12/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

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Page 14: Valencia CA real estate housing market update May 12, 2014

Apr-1422

Apr-1313

%+69%

Change9

Apr-13 vs. Apr-14: The number of Expired properties is up 69%Expired Properties by Month

RE/MAX's Paris911 Team

Apr-13 vs. Apr-14

Connor and Paris MacIVOR

Clarus MarketMetrics® 1 of 2 05/12/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

AllBathrooms:MLS: AllAllSq Ft:

ValenciaResidential: (Single Family Residence)Period: All All

Property Types:Cities:

AllConstruction Type:Price: Lot Size:Bedrooms:1 year (monthly)CRMLS

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Page 15: Valencia CA real estate housing market update May 12, 2014

Expired Properties by MonthApr-13 vs. Apr-14: The number of Expired properties is up 69%

RE/MAX's Paris911 TeamConnor and Paris MacIVOR

Time Period Median Price# Properties Average DOM

Full Market# Properties % Bank Median Price Median Price# Properties

Bank Properties% Non-Bank

Non-Bank Properties

Apr-14 567,00022 51 4 18.2 459,500 18 81.8 667,450Mar-14 679,79913 95 0 13 100.0 679,799Feb-14 484,45018 50 6 33.3 392,500 12 66.7 557,450Jan-14 667,34019 74 1 5.3 639,900 18 94.7 708,420Dec-13 635,00023 71 2 8.7 417,500 21 91.3 639,900Nov-13 570,00013 127 3 23.1 350,000 10 76.9 624,900Oct-13 632,50012 44 1 8.3 615,000 11 91.7 650,000Sep-13 557,45016 91 3 18.8 429,900 13 81.2 575,000Aug-13 530,00019 43 3 15.8 533,500 16 84.2 525,000Jul-13 619,99019 52 4 21.1 360,000 15 79.0 629,000Jun-13 510,44412 28 3 25.0 325,000 9 75.0 559,000May-13 495,0007 142 1 14.3 425,000 6 85.7 502,500Apr-13 775,00013 97 1 7.7 295,000 12 92.3 837,000

Clarus MarketMetrics® 2 of 2 05/12/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

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Page 16: Valencia CA real estate housing market update May 12, 2014

Apr-13 vs. Apr-14: The number of for sale properties is up 29% and the number of sold properties is down 4%

RE/MAX's Paris911 Team

Apr-13 vs. Apr-14

159 +29%

Connor and Paris MacIVOR

205Apr-14

Supply & Demand by Month

ChangeApr-13 %46

Apr-13 Apr-14 %71 -4%

Apr-13 vs. Apr-14

68Change

-3

Clarus MarketMetrics® 1 of 2 05/12/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

AllBathrooms:MLS: AllAllSq Ft:

ValenciaResidential: (Single Family Residence)Period: All All

Property Types:Cities:

AllConstruction Type:Price: Lot Size:Bedrooms:1 year (monthly)CRMLS

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Page 17: Valencia CA real estate housing market update May 12, 2014

Supply & Demand by MonthApr-13 vs. Apr-14: The number of for sale properties is up 29% and the number of sold properties is down 4%

Connor and Paris MacIVOR RE/MAX's Paris911 Team

Time Period For SaleFor Sale SoldSold# Properties Average DOM Average DOM# Properties

Apr-14 50 50205 68Mar-14 55 73198 43Feb-14 67 55182 34Jan-14 75 61187 54Dec-13 83 66177 58Nov-13 73 51206 49Oct-13 65 47218 64Sep-13 60 44233 47Aug-13 58 43215 61Jul-13 58 42197 71Jun-13 56 47184 60May-13 58 40163 67Apr-13 60 46159 71

Clarus MarketMetrics® 2 of 2 05/12/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

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Page 18: Valencia CA real estate housing market update May 12, 2014

Apr-1441

Apr-1331

%+35%

Change11

Apr-13 vs. Apr-14: The average days on market is up 35%The Average Days on Market by Month

RE/MAX's Paris911 Team

Apr-13 vs. Apr-14

Connor and Paris MacIVOR

Clarus MarketMetrics® 1 of 2 05/12/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

AllBathrooms:MLS: AllAllSq Ft:

ValenciaResidential: (Single Family Residence)Period: All All

Property Types:Cities:

AllConstruction Type:Price: Lot Size:Bedrooms:1 year (monthly)CRMLS

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Page 19: Valencia CA real estate housing market update May 12, 2014

The Average Days on Market by MonthApr-13 vs. Apr-14: The average days on market is up 35%

RE/MAX's Paris911 TeamConnor and Paris MacIVOR

Time Period # UC UnitsAverage DOMApr-14 7041Mar-14 5953Feb-14 5758Jan-14 5367Dec-13 3855Nov-13 4668Oct-13 6157Sep-13 5759Aug-13 5246Jul-13 5550Jun-13 5937May-13 5932Apr-13 6531

Clarus MarketMetrics® 2 of 2 05/12/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

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Page 20: Valencia CA real estate housing market update May 12, 2014

Apr-13 vs. Apr-14: The average months supply of inventory is up 30%

RE/MAX's Paris911 Team

Apr-13 vs. Apr-14

1.2 +30%

Connor and Paris MacIVOR

1.6Apr-14

Months Supply of Inventory

ChangeApr-13 %0.4

Clarus MarketMetrics® 1 of 2 05/12/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

AllBathrooms:MLS: AllAllSq Ft:

ValenciaResidential: (Single Family Residence)Period: All All

Property Types:Cities:

AllConstruction Type:Price: Lot Size:Bedrooms:1 year (monthly)CRMLS

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Page 21: Valencia CA real estate housing market update May 12, 2014

Months Supply of InventoryApr-13 vs. Apr-14: The average months supply of inventory is up 30%

Connor and Paris MacIVOR RE/MAX's Paris911 Team

Time Period During MonthLast Day of Month DOMMSI# Units For Sale # UC Units UC Average

Apr-14 70 41113 1.6Mar-14 59 53126 2.1Feb-14 57 58107 1.9Jan-14 53 67115 2.2Dec-13 38 55116 3.1Nov-13 46 68147 3.2Oct-13 61 57145 2.4Sep-13 57 59160 2.8Aug-13 52 46144 2.8Jul-13 55 50123 2.2Jun-13 59 37113 1.9May-13 59 3297 1.6Apr-13 65 3181 1.2

Clarus MarketMetrics® 2 of 2 05/12/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

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