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Your Local Executive Summary

Monday February 1, 2010

VISTA, CA

Single Family Homes

Your Local Executive Summary Monday February 1, 2010 VISTA, CA Single Family Homes This Week The

This Week

The median list price in VISTA, CA this week is $350,000.

The Market Action Index has been trending down recently, but as days-on-market decreases also, there are not strong signals for the direction of the market.

Supply and Demand

The Market Action Index has been trending lower for several weeks while prices have remained relatively stable. If inventory continues to grow relative to demand however, it is likely that we will see downward pressure on pricing.

 

Real-Time Market Profile

 

Trend

 

Median List Price

$ 350,000

±+

Asking Price Per Square Foot

$ 191

±+

Average Days on Market (DOM)

175

≠≠

Percent of Properties with Price Decrease

27

%

Percent Relisted (reset DOM)

10

%

Percent Flip (price increased)

9 %

 

Median House Size (sq ft)

1810

0.50 - 1.0 acre

Median Lot Size Median Number of Bedrooms

3.0

Median Number of Bathrooms

2.5

Market Action Index

Strong Buyer's

22.6

≠≠

±+

No change

==

Strong upward trend

≠≠

Strong downward trend

 

=

Slight upward trend

Slight downward trend

Price

Market Action Index

7-Day Rolling Average 90-Day Rolling Average Buyer/Seller Cutoff
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

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

Price Trends 7-Day Rolling Average 90-Day Rolling Average
Price Trends
7-Day Rolling Average
90-Day Rolling Average

Characteristics per Quartile

Quartile

Median Price

Sq. Ft.

Lot Size

Beds

Baths

Age

Inventory

New

Absorbed DOM

Investigate the market in quartiles - where each quartile is 25% of homes ordered by price.

Top/First

$ 708,950

2994

1.0 - 2.5

acres

4.0

3.0

21

64

5

4

216

Most expensive 25% of properties

Upper/Second

$ 400,000

2212

0.25

- 0.50

acre

3.0

2.5

22

65

8

5

159

Upper-middle 25% of properties

Lower/Third

$ 309,900

1642

0.25

- 0.50

acre

3.0

2.0

33

65

8

8

169

Lower-middle 25% of properties

Bottom/Fourth

$ 225,000

1303

0.25

- 0.50

acre

3.0

2.0

48

65

7

4

156

Least expensive 25% of properties

Pickford Escrow and The Escrow Firm

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