Monday January 4, 2010

Your Local Executive OCEANSIDE, CA

Summary Single Family Homes

This Week
Real-Time Market Profile Trend
Median List Price $ 850,000 ±+
Asking Price Per Square Foot $ 374 ±+
The median list price in OCEANSIDE, CA this week is $850,000. Average Days on Market (DOM) 211 ≠≠
Percent of Properties with Price Decrease 27 %
Percent Relisted (reset DOM) 6%
Inventory has been tightening and days-on-market decreasing
recently. The Market Action Index has been basically flat, not Percent Flip (price increased) 8%
providing strong indication for market conditions. Median House Size (sq ft) 2508
Median Lot Size 4,501 - 6,500 sqft
Median Number of Bedrooms 4.0
Median Number of Bathrooms 2.5

Supply and Demand Market Action Index Buyer's Advantage 25.8 ±+

The market has shown some evidence of slowing recently. Both ±+ No change == Strong upward trend ≠≠ Strong downward trend
prices and inventory levels are relatively unchanged in recent weeks.
Watch the Market Action Index for changes as it can be a leading = Slight upward trend ≠ Slight downward trend
indicator for price changes.

Price
Market Action Index The market seems to have paused around this plateau. The
Market Action Index is a good leading indicator for the durability
of this trend.

Price Trends

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

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
7-Day Rolling Average 90-Day Rolling Average

Characteristics per Quartile Investigate the market in quartiles -

where each quartile is 25% of homes
ordered by price.
Quartile Median Price Sq. Ft. Lot Size Beds Baths Age Inventory New Absorbed DOM
8,001 -
Top/First $ 509,950 2672 10,000 sqft 4.0 3.0 16 83 3 11 126 Most expensive 25% of properties

6,501 -
Upper/Second $ 375,000 2098 8,000 sqft 4.0 2.5 14 83 7 9 135 Upper-middle 25% of properties

6,501 -
Lower/Third $ 299,900 1600 8,000 sqft 3.0 2.0 26 83 7 5 95 Lower-middle 25% of properties

4,501 -
Bottom/Fourth $ 219,000 1198 6,500 sqft 3.0 2.0 32 84 7 5 135 Least expensive 25% of properties

Pickford Escrow and The Escrow Firm

Powered by Altos Research LLC | www.altosresearch.com | Copyright ©2009 Altos Research LLC