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Monday January 11, 2010

Your Local Executive BONSALL, CA


Summary Single Family Homes

This Week
Real-Time Market Profile Trend
Median List Price $ 1,195,000 ±+
Asking Price Per Square Foot $ 344 ±+
The median list price in BONSALL, CA this week is $1,195,000. Average Days on Market (DOM) 288 ≠≠
Percent of Properties with Price Decrease 15 %
Percent Relisted (reset DOM) 26 %
Inventory is tightening and days-on-market is falling. The Market
Action Index shows demand heating up. These are relatively bullish Percent Flip (price increased) 4%
signs for prices. Median House Size (sq ft) 3702
Median Lot Size 2.5 - 5.0 acres
Median Number of Bedrooms 4.0
Median Number of Bathrooms 3.2

Supply and Demand Market Action Index Strong Buyer's 17.1 ==

Home sales continue to outstrip supply and the Market Action Index ±+ No change == Strong upward trend ≠≠ Strong downward trend
has been moving higher for several weeks. This is a Seller's market
so watch for upward pricing pressure in the near future if the trend = Slight upward trend ≠ Slight downward trend
continues.

Price
Market Action Index Despite this week's down 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.

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
2.5 - 5.0
Top/First $ 2,349,000 5750 acres 5.0 5.5 6 6 0 4 301 Most expensive 25% of properties

5.0 - 10
Upper/Second $ 1,495,000 4152 acres 3.0 3.5 6 7 1 1 329 Upper-middle 25% of properties

2.5 - 5.0
Lower/Third $ 965,000 3702 acres 4.0 3.5 21 7 2 1 304 Lower-middle 25% of properties

2.5 - 5.0
Bottom/Fourth $ 391,900 2191 acres 3.0 2.5 20 7 2 0 221 Least expensive 25% of properties

Pickford Escrow and The Escrow Firm

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