Monday April 12, 2010

Your Local Executive SAN DIEGO, CA 92130

Summary Single Family Homes

This Week
Real-Time Market Profile Trend
Median List Price $ 1,325,000 ==
Asking Price Per Square Foot $ 373 ±+
The median list price in SAN DIEGO, CA 92130 this week is Average Days on Market (DOM) 142 ≠≠
$1,325,000.
Percent of Properties with Price Decrease 30 %
Percent Relisted (reset DOM) 10 %
Demand measured by the Market Action Index is increasing and
days-on-market is trending downward. Even as more properties Percent Flip (price increased) 3%
come available, these are positive trends for the market. Median House Size (sq ft) 3708
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 21.2 ==

Home sales have been exceeding new inventory for several weeks. ±+ No change == Strong upward trend ≠≠ Strong downward trend
While still a Buyer's market, prices seem to have responded by
moving upward. If the demand trends continue, expect prices to = Slight upward trend ≠ Slight downward trend
keep marching upward, especially once we see a Seller's Market.

Price
Market Action Index Price trends in this zip code continued their recent uptrend this
week. While still below the market's high point, we've seen a
nice run recently.

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 $ 2,899,000 6134 acre 5.0 5.5 5 43 1 1 188 Most expensive 25% of properties

0.25 - 0.50
Upper/Second $ 1,499,938 4060 acre 5.0 4.5 9 44 3 2 163 Upper-middle 25% of properties

6,501 -
Lower/Third $ 1,182,500 3329 8,000 sqft 5.0 3.5 9 44 9 5 104 Lower-middle 25% of properties

4,501 -
Bottom/Fourth $ 749,999 2295 6,500 sqft 4.0 2.5 8 44 3 9 114 Least expensive 25% of properties

Pickford Escrow and The Escrow Firm

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