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Monday January 24, 2011

Your Local Executive SAN DIEGO, CA 92130


Summary Single Family Homes

This Week
Real-Time Market Profile Trend
Median List Price $ 1,057,500 ±+
Asking Price Per Square Foot $ 354 ±+
The median list price in SAN DIEGO, CA 92130 this week is Average Days on Market (DOM) 137 ≠≠
$1,057,500.
Percent of Properties with Price Decrease 41 %
Percent Relisted (reset DOM) 13 %
Inventory is tightening and days-on-market is falling. But demand
as measured by the Market Action Index is also trending down. The Percent Flip (price increased) 4%
market is not giving strong up or down signals from these data. Median House Size (sq ft) 3082
Median Lot Size 8,001 - 10,000 sqft
Median Number of Bedrooms 5.0
Median Number of Bathrooms 4.0

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

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 Recently prices in this zip have settled at a plateau even though
they dipped this week. Look for a persistent up-shift in the
Market Action Index before we see prices significantly 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 $ 2,385,000 5664 acre 5.0 6.0 8 45 1 3 204 Most expensive 25% of properties

6,501 -
Upper/Second $ 1,179,000 3476 8,000 sqft 5.0 4.0 11 45 0 1 155 Upper-middle 25% of properties

4,501 -
Lower/Third $ 939,000 2796 6,500 sqft 4.0 3.0 11 45 3 1 86 Lower-middle 25% of properties

4,501 -
Bottom/Fourth $ 685,000 2007 6,500 sqft 3.0 3.0 13 45 3 3 103 Least expensive 25% of properties

Pickford Escrow and The Escrow Firm

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