10 10 J918

180 2.0 52
J.0
10
189
4.0 278
19J
11
17
0.25 0.50
acre
69
S 1J4,900
12
8
278
J.0
8,001
10,000 sqft
15 J.0
1600
6,501
8,000 sqft
278
S 79,998
4.0
199
0.25 0.50
acre
S 198,250
5.0 S J48,500
17
17
252J
The market seems to have paused around thIs plateau. The
|arket ActIon ndex Is a good leadIng IndIcator for the durabIlIty
of thIs trend.
Home sales have been exceedIng new Inventory for several weeks.
SInce thIs Is a 8uyer's market prIces are not yet movIng hIgher as
excess Inventory Is consumed. However, as the supply and demand
trends contInue, the market moves Into the Seller's zone, and we are
lIkely to see upward pressure on prIcIng.
nventory has been lIghtenIng lately and the |arket ActIon ndex
has been trendIng up. Though daysonmarket Is IncreasIng, these
are mIldly posItIve IndIcatIons for the market.
CGEE!, LT
LCI FLH~I~G'5 EHCL7I\H
EL~~A
278
1858
1.0
!C~LA UA~LA Z, ZO!Z
The medIan lIst prIce In DC0EN, UT thIs week Is S160,000.
nvestIgate the market In quartIles
where each quartIle Is 25 of homes
ordered by prIce.
|ost expensIve 25 of propertIes
UppermIddle 25 of propertIes
LowermIddle 25 of propertIes
Least expensIve 25 of propertIes
QuartIle |edIan PrIce Lot SIze 8eds 8aths Age nventory New Absorbed 0D| Sq. Ft.
LCI FLH~I~G CH~7L Z! GCLLH~ EIPH FHAL7 (EO!} O4O-OEGO
No change Strong upward trend Strong downward trend
SlIght upward trend SlIght downward trend


Puwcrco by ^llus Rcscarch IIC www.allusrcscarch.cum Cuyriqhl 200b-20I0 ^llus Rcscarch IIC
Single Family Homes
|edIan Lot SIze
15.4
Percent FelIsted (reset 0D|)
2188
2.0
4
|edIan Number of 8athrooms
190
|edIan LIst PrIce
Average 0ays on |arket (0D|)
S 75
Percent FlIp (prIce Increased)
8,001 10,000 sqft
|edIan House SIze (sq ft)
S 160,000
J9
4.0
|arket ActIon ndex
|edIan Number of 8edrooms
AskIng PrIce Per Square Foot
n/a
Percent of PropertIes wIth PrIce 0ecrease
Strong 8uyer's

8ottom/Fourth
Lower/ThIrd
Upper/Second
Top/FIrst
1his Wcck
SuIy and 0cmand
FealTIme |arket ProfIle Trend
Pricc
PrIce Trends
|arket ActIon ndex
The |arket ActIon ndex answers the questIon How's the
|arket: by measurIng the current rate of sale versus the
amount of the Inventory. ndex above J0 ImplIes Seller's
|arket condItIons. 8elow J0, condItIons favor the buyer.
0uartiIcs
CharacterIstIcs per QuartIle
70ay FollIng Average 900ay FollIng Average 8uyer/Seller Cutoff
70ay FollIng Average 900ay FollIng Average