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Monday May 3, 2010

Your Local Executive CARLSBAD, CA 92009


Summary Single Family Homes

This Week
Real-Time Market Profile Trend
Median List Price $ 797,000 ±+
Asking Price Per Square Foot $ 276 ±+
The median list price in CARLSBAD, CA 92009 this week is Average Days on Market (DOM) 135 ±+
$797,000.
Percent of Properties with Price Decrease 39 %
Percent Relisted (reset DOM) 13 %
The Market Action Index has been trending down lately, while
inventory is climbing. These trends imply a weakening market. Percent Flip (price increased) 7%
Median House Size (sq ft) 3020
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 20.2 ≠≠

The Market Action Index has been trending lower for several weeks ±+ No change == Strong upward trend ≠≠ Strong downward trend
while prices have remained relatively stable. If inventory continues
to grow relative to demand however, it is likely that we will see = Slight upward trend ≠ Slight downward trend
downward pressure on pricing.

Price
Market Action Index We continue to see prices in this zip code bouncing around this
plateau. Look for a persistent up-shift in the Market Action Index
before we see prices move 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
0.25 - 0.50
Top/First $ 1,375,000 4390 acre 5.0 4.5 7 55 4 1 137 Most expensive 25% of properties

0.25 - 0.50
Upper/Second $ 867,000 3438 acre 4.0 4.0 8 56 4 3 153 Upper-middle 25% of properties

8,001 -
Lower/Third $ 722,450 2756 10,000 sqft 4.0 3.0 16 56 4 5 132 Lower-middle 25% of properties

6,501 -
Bottom/Fourth $ 550,000 2056 8,000 sqft 4.0 2.5 24 56 6 10 119 Least expensive 25% of properties

Pickford Escrow and The Escrow Firm

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