Monday November 30, 2009

Your Local Executive ENCINITAS, CA

Summary Single Family Homes

This Week
Real-Time Market Profile Trend
Median List Price $ 1,299,000 ±+
Asking Price Per Square Foot $ 389 ±+
The median list price in ENCINITAS, CA this week is $1,299,000. Average Days on Market (DOM) 192 ==
Percent of Properties with Price Decrease 44 %
Percent Relisted (reset DOM) 19 %
Inventory has been tightening and days-on-market increasing
recently. The Market Action Index has been basically flat, not Percent Flip (price increased) 2%
providing strong indication for market conditions. Median House Size (sq ft) 3219
Median Lot Size 0.25 - 0.50 acre
Median Number of Bedrooms 4.0
Median Number of Bathrooms 3.5

Supply and Demand Market Action Index Strong Buyer's 17.3 ±+

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
= Slight upward trend ≠ Slight downward trend
leading indicator for price changes.

Price
Market Action Index In the last few weeks we've seen prices in this zip code bouncing
around this plateau. Look for a persistent down-shift in the
Market Action Index before we see prices deviate from these
levels.

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
1.0 - 2.5
Top/First $ 2,800,000 5499 acres 5.0 4.5 10 45 1 1 231 Most expensive 25% of properties

0.50 - 1.0
Upper/Second $ 1,595,000 3967 acre 5.0 4.0 16 45 2 2 220 Upper-middle 25% of properties

0.25 - 0.50
Lower/Third $ 1,099,000 3125 acre 4.0 3.0 20 45 0 2 184 Lower-middle 25% of properties

8,001 -
Bottom/Fourth $ 645,000 1788 10,000 sqft 3.0 2.5 29 45 2 5 133 Least expensive 25% of properties

Pickford Escrow and The Escrow Firm

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