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Monday May 10, 2010

Your Local Executive SAN DIEGO, CA 92130


Summary Single Family Homes

This Week
Real-Time Market Profile Trend
Median List Price $ 1,298,500 ≠≠
Asking Price Per Square Foot $ 367 ±+
The median list price in SAN DIEGO, CA 92130 this week is Average Days on Market (DOM) 149 ==
$1,298,500.
Percent of Properties with Price Decrease 38 %
Percent Relisted (reset DOM) 9%
The Market Action Index has been trending down lately, while
inventory and days-on-market are climbing. The trends imply a Percent Flip (price increased) 3%
weakening market. Median House Size (sq ft) 3700
Median Lot Size 0.25 - 0.50 acre
Median Number of Bedrooms 5.0
Median Number of Bathrooms 4.5

Supply and Demand Market Action Index Strong Buyer's 20.1 ≠≠

The market has been consistently cool for several weeks. Demand ±+ No change == Strong upward trend ≠≠ Strong downward trend
level are low relative to the available inventory. It's a Buyer's
market and prices continue to fall. Look for a persistent shift in = Slight upward trend ≠ Slight downward trend
Market Action before prices plateau or begin to rise again.

Price
Market Action Index Prices in this zip code have been on a downward trend recently
and this week, while essentially flat, doesn't break us out of that
cycle.

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
0.50 - 1.0
Top/First $ 2,795,000 6014 acre 5.0 5.5 5 44 0 0 213 Most expensive 25% of properties

8,001 -
Upper/Second $ 1,449,000 3922 10,000 sqft 5.0 4.5 9 44 3 7 164 Upper-middle 25% of properties

6,501 -
Lower/Third $ 1,180,000 3377 8,000 sqft 5.0 3.5 10 45 3 2 120 Lower-middle 25% of properties

4,501 -
Bottom/Fourth $ 750,000 2181 6,500 sqft 4.0 2.5 10 45 2 2 103 Least expensive 25% of properties

Pickford Escrow and The Escrow Firm

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