Jennifer Pritchett

MARKET UPDATE
LADERA RANCH, CA

· Current Real Estate Market Conditions for Single Family Homes

· Trends in Pricing
· Current Levels of Supply and Demand
· Value Metrics

· Report for the week of

February 15, 2010

· Presented by Your Orange County Real Estate Connection

Coldwell Banker Residential Brokerage
jpritchett@coldwellbanke.com
949-212-5279

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 City Overview Single Family Homes in

Jennifer Pritchett Account | Coldwell Banker | 949-212-5279

LADERA
RANCH, CA
This Week Real-Time Market Profile Trend
The median list price in LADERA Median List Price $ 799,000 ±+
RANCH, CA this week is $799,000. The Average List Price $ 952,614
151 properties have been on the Asking Price Per Square Foot $ 268 ±+
market for an average of 209 days. Average Days on Market (DoM) 209 ==

Inventory of Properties Listed 151 ==

Most Expensive Listing $ 4,275,000

Inventory and days-on-market are Least Expensive Listing $ 399,000

climbing, while the Market Action Average Age of Listing 6

Index has been flat recently. The Percent of Properties with Price Decrease 22 %
trends point to a weakening market. Percent Relisted (reset DOM) 7%
Percent Flip (price increased) 5%
Median House Size (sq ft) 2936
Median Lot Size 4,501 - 6,500 sqft
Median Number of Bedrooms 4.0

Supply and Demand

Median Number of Bathrooms 3.0

Altos Research Value Statistics

The market has shown some Market Action Index Strong Buyer's 22.8 ±+
evidence of slowing recently. Both 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
prices and inventory levels are implies a seller's advantage. Below 30, conditions give the advantage to the
relatively unchanged in recent buyer.
weeks. Watch the Market Action
Index for changes as it can be a Trend Key: == Strong upward trend ≠≠ Strong downward trend
leading indicator for price changes. ±+ No change = Slight upward trend ≠ Slight downward trend

Characteristics per Quartile

Quartile Median Price Sq. Ft. Lot Size Beds Baths Age Inventory New Absorbed DOM

0.25 - 0.50
Top/First $ 1,349,000 4655 acre 5.0 5.5 4 37 3 1 274 Most expensive 25% of properties

6,501 -
Upper/Second $ 899,950 3800 8,000 sqft 5.0 3.5 6 38 5 1 244 Upper-middle 25% of properties

4,501 -
Lower/Third $ 699,000 2500 6,500 sqft 4.0 2.5 8 38 4 2 157 Lower-middle 25% of properties

Less than
Bottom/Fourth $ 499,950 1900 4,500 sqft 3.0 2.5 8 38 4 3 165 Least expensive 25% of properties

Page 2 of 6 Monday February 15, 2010

 Single Family Homes in
City Overview
Jennifer Pritchett Account | Coldwell Banker | 949-212-5279
LADERA
RANCH, CA

Median Price
Despite this week's up tic, the market seems to have paused around this plateau. The Market Action Index is a good leading
indicator for the durability of this shift.

7-day Average 90-day Average

Quartile Prices
Prices have generally settled at a plateau, although Quartile 1 has been trending a bit downward in recent weeks. We'll need to
see a persistent shift in the Market Action Index before we see prices across the board move from these levels.

First/Top Second/Upper Third/Lower Fourth/Bottom

Page 3 of 6 Monday February 15, 2010

 Single Family Homes in
City Overview
Jennifer Pritchett Account | Coldwell Banker | 949-212-5279
LADERA
RANCH, CA

Price per Square Foot

The market plateau is seen across the price and value. The price per square foot and median list price have both been
reasonably stagnant. Watch the Market Action Index for persistent changes as a leading indicator before the market moves from
these levels.

7-day Average 90-day Average

Inventory of Properties Listed for Sale

Inventory has been climbing lately. Note that rising inventory alone does not signal a weakening market. Look to the Market
Action Index and Days on Market trends to gauge whether buyer interest is keeping up with available supply.

7-day Average 90-day Average

Page 4 of 6 Monday February 15, 2010

 Single Family Homes in
City Overview
Jennifer Pritchett Account | Coldwell Banker | 949-212-5279
LADERA
RANCH, CA

Market Action Index

The LADERA RANCH market is currently quite strongly in the Buyer's Advantage zone (below 30). The 90-day Market Action Index
stands at 22.77. With several months of inventory available at the current sales rate, buyers should find ample choice.

90-day Average Buyers/Sellers Cutoff

Market Action Index per Quartile

Not surprisingly given the overall Market Action Index, all quartiles are in the Buyer's Market zone with several months of
inventory given the current rate of demand for homes in the quartile. Watch the quartile for changes before the overall market
shifts. Often one end of the market (e.g. the low end) will improve and signal a strengthening market before the whole group

First/Top Second/Upper Third/Lower Fourth/Bottom

Buyers/Sellers Cutoff
Residential house prices are a function of supply and demand, and market conditions can be characterized by
analyzing those factors. Watch this index for sustained changes: if the index falls into the Buyer’s Advantage
zone (below 30) for a long period, prices are likely in for a downward correction.

The Market Action Index (MAI) illustrates a blance between supply and demand using a statistical function of the
current rate of sale versus current inventory.

Page 5 of 6 Monday February 15, 2010

 Single Family Homes in
City Overview
Jennifer Pritchett Account | Coldwell Banker | 949-212-5279
LADERA
RANCH, CA

Days on Market
The properties have been on the market for an average of 209 days. Half of the listings have come newly on the market in the
past 126 or so days.

7-day Average 90-day Average

Days on Market per Quartile

It is not uncommon for the higher priced homes in an area to take longer to sell than those in the lower quartiles.

First/Top Second/Upper Third/Lower Fourth/Bottom

Page 6 of 6 Monday February 15, 2010