Brian Ward Appraisal - (888) 844-1733 - www.brianward.

com

MARKET CONDITIONS IN SAN DIEGO, CA 92126 AS OF 05/10/2012

Key Statistics
Annual Home Value Change
Current Home Inventory (30 Days)
Median Marketing Time (30 Days)
Sales Price to List Price Ratio (6 Months)

-5%/Declining Property Values

2 Mo./Balanced Demand / Supply
35 days / 1.2 Mo.
97.8%

Period Comparisons
Median $/Sqft
Median Sale Price
Median List $/Sqft
Median List Price
Median Marketing Times (# of days)
Total Number of Sales
Total # Of Active Properties
Months of Inventory
Bank/Short Sales (likely)
Bank/Short Sale Ratio (likely)
Median $/Sqft
Median Sale Price
Median List $/Sqft
Median List Price
Median Marketing Times (# of days)
Total Number of Sales
Total # Of Active Properties
Months of Inventory
Bank/Short Sales (likely)
Bank/Short Sale Ratio (likely)

0-6 Mo. Ago

$238.81
$349,000
$244.13
$354,000
48
219
410
1.9
107
49%
0-6 Mo. Ago
$238.81
$349,000
$244.13
$354,000
48
219
410
1.9
107
49%

Other Trends
Recent 30 Day Period
Total # Props Listed During Past 30 Days
Total # of Sales Past 30 Days
Total # of Active Props. On Eff Date
New Listings Past 30 Days
Mo. Inventory Based on Past 1 Month

139
45
86
45
1.9

Recent 6 Month Period (0-6 Months)

New Listings Past 6 Months
# Props. Listed Past 6 Months That Sold
% of Props. Listed That Have Sold

240
92
38%

Sale Price Range Last 12 Months

Low Sale Price
High Sale Price
Predominant Sale Price
Median Sale Price

6-12 Mo. Ago

$245.70
$365,000
$253.17
$369,900
45
209
493
2.4
89
43%
12-18 Mo. Ago
$250.92
$370,000
$261.86
$385,000
43
191
512
2.7
83
43%

Bi-Annual Change %
-2.8%
-4.4%
-3.6%
-4.3%
6.7%
4.8%
-16.8%
-20.6%
20.2%
14.7%
Annual Change %
-4.8%
-5.7%
-6.8%
-8.1%
11.6%
14.7%
-19.9%
-30.2%
28.9%
12.4%

Property Ratios in Market Area

1 Bedroom
2 Bedroom
3 Bedroom
4 Bedroom
5+ Bedroom

0.0%
8.2%
43.1%
43.2%
5.5%

1 Bath
1.5 Bath
2 Bath
2.5 Bedroom
3+ Bedroom

6.1%
0.1%
60.5%
20.6%
12.6%

$166,200
$622,750
$329,000
$355,000

Property Ages Present (All Properties in Records)

Low Property Age
6 Years
High Property Age
112 Years
Predominant Property Age
40 Years
Median Age Present
39 Years
Property Living Area Sizes Present (All Properties in Records)
Low Property Living Area Size
744 Sqft
High Property Living Area Size
3,716 Sqft
Predominant Living Area Size
1,300 Sqft
One Standard Deviation Low
1,100 Sqft
One Standard Deviation High
1,900 Sqft
Median Living Area Size
1,600 Sqft
Bank/Short Sales Vs. Traditional Sales (12 Month Period)
Median $/Sqft of Bank/Short Sales
$228.01
Median $/Sqft of Traditional Sales
$248.62
% Bank/Short Sales Sell For Less
8%
% Traditional Sales Sell For More
9%

Brian Ward Appraisal - (888) 844-1733 - www.brianward.com

Brian Ward Appraisal - (888) 844-1733 - www.brianward.com

18 Month List and Sale $/Sqft Trend

$401.00
$351.00
$301.00

Sale $/Sqft
List $/Sqft

$251.00

Poly. (Sale $/Sqft)

Poly. (List $/Sqft)

$201.00
$151.00
$101.00
10/21/2010

1/29/2011

5/9/2011

8/17/2011

11/25/2011

3/4/2012

Listing & Sale $/Sqft Change Over Past 18 Months

$270.26

$263.40

$259.61
$254.83

$260.26

$248.51
$244.62

$250.26
$252.92

Median List $/Sqft

$241.02
$249.45

$240.26

Median Sale $/Sqft

$248.62
$242.92
$243.58

$230.26
$233.43

$220.26
11/2010 to
02/2011

02/2011 to
05/2011

05/2011 to
08/2011

08/2011 to
11/2011

11/2011 to
02/2012

02/2012 to
05/2012

Ratio of Total Sales over 18 Months

20.2%
19.2%
18.2%

19.1%

17.2%

18.3%

% of Total Sales

16.2%
16.3%

15.2%
14.2%

15.5%
15.2%

15.7%

11/2010 to
02/2011

02/2011 to
05/2011

13.2%
05/2011 to
08/2011

08/2011 to
11/2011

11/2011 to
02/2012

02/2012 to
05/2012

Brian Ward Appraisal - (888) 844-1733 - www.brianward.com