Brian Ward Appraisal - (888) 844-1733 - www.brianward.

com

MARKET CONDITIONS IN DEL MAR, CA AS OF 05/10/2012

Key Statistics
Annual Home Value Change
Current Home Inventory (30 Days)
Median Marketing Time (30 Days)
Sales Price to List Price Ratio (6 Months)

0%/Stable Property Values Trend

6 Mo./Balanced Demand / Supply
28.5 days / .9 Mo.
95.6%

Period Comparisons
Median $/Sqft
Median Sale Price
Median List $/Sqft
Median List Price
Median Marketing Times (# of days)
Total Number of Sales
Total # Of Active Properties
Months of Inventory
Bank/Short Sales (likely)
Bank/Short Sale Ratio (likely)
Median $/Sqft
Median Sale Price
Median List $/Sqft
Median List Price
Median Marketing Times (# of days)
Total Number of Sales
Total # Of Active Properties
Months of Inventory
Bank/Short Sales (likely)
Bank/Short Sale Ratio (likely)

0-6 Mo. Ago

$508.13
$1,350,000
$531.40
$1,475,000
60
63
294
4.7
9
14%
0-6 Mo. Ago
$508.13
$1,350,000
$531.40
$1,475,000
60
63
294
4.7
9
14%

Other Trends
Recent 30 Day Period
Total # Props Listed During Past 30 Days
Total # of Sales Past 30 Days
Total # of Active Props. On Eff Date
New Listings Past 30 Days
Mo. Inventory Based on Past 1 Month

140
18
106
28
5.9

Recent 6 Month Period (0-6 Months)

New Listings Past 6 Months
# Props. Listed Past 6 Months That Sold
% of Props. Listed That Have Sold

153
25
16%

Sale Price Range Last 12 Months

Low Sale Price
High Sale Price
Predominant Sale Price
Median Sale Price

6-12 Mo. Ago

$515.46
$1,300,000
$515.46
$1,395,000
68
89
328
3.7
13
15%
12-18 Mo. Ago
$509.63
$1,312,500
$553.57
$1,444,950
81
66
343
5.2
8
12%

Bi-Annual Change %
-1.4%
3.8%
3.1%
5.7%
-11.8%
-29.2%
-10.4%
26.6%
-30.8%
-2.2%
Annual Change %
-0.3%
2.9%
-4.0%
2.1%
-25.5%
-4.5%
-14.3%
-10.2%
12.5%
17.9%

Property Ratios in Market Area

1 Bedroom
2 Bedroom
3 Bedroom
4 Bedroom
5+ Bedroom

0.6%
6.3%
42.9%
36.8%
13.4%

1 Bath
1.5 Bath
2 Bath
2.5 Bedroom
3+ Bedroom

2.6%
0.5%
19.1%
25.0%
52.3%

$570,000
$6,300,000
$870,000
$1,331,000

Property Ages Present (All Properties in Records)

Low Property Age
0 Years
High Property Age
113 Years
Predominant Property Age
41 Years
Median Age Present
32 Years
Property Living Area Sizes Present (All Properties in Records)
Low Property Living Area Size
525 Sqft
High Property Living Area Size
11,319 Sqft
Predominant Living Area Size
2,900 Sqft
One Standard Deviation Low
1,600 Sqft
One Standard Deviation High
4,100 Sqft
Median Living Area Size
3,600 Sqft
Bank/Short Sales Vs. Traditional Sales (12 Month Period)
Median $/Sqft of Bank/Short Sales
$356.70
Median $/Sqft of Traditional Sales
$522.28
% Bank/Short Sales Sell For Less
32%
% Traditional Sales Sell For More
46%

Brian Ward Appraisal - (888) 844-1733 - www.brianward.com

Brian Ward Appraisal - (888) 844-1733 - www.brianward.com

18 Month List and Sale $/Sqft Trend

$1,853.00
$1,653.00
$1,453.00
$1,253.00
Sale $/Sqft
$1,053.00

List $/Sqft

$853.00

Poly. (Sale $/Sqft)

Poly. (List $/Sqft)

$653.00
$453.00
$253.00
$53.00
10/23/2010

1/31/2011

5/11/2011

8/19/2011

11/27/2011

3/6/2012

Listing & Sale $/Sqft Change Over Past 18 Months

$686.68
$678.35
$628.35
$648.22

$564.62

$565.48

$578.35

Median Sale $/Sqft

$493.72

$528.35

Median List $/Sqft

$479.89
$481.44
$533.67

$478.35

$510.22
$473.82

$428.35
$378.35
11/2010 to
02/2011

02/2011 to
05/2011

05/2011 to
08/2011

$447.01

$460.56

08/2011 to
11/2011

11/2011 to
02/2012

02/2012 to
05/2012

Ratio of Total Sales over 18 Months

22.1%
20.1%
21.1%

18.1%

19.7%

20.2%

16.1%

17.4%
% of Total Sales

14.1%
12.1%
10.1%
8.1%

11.5%
10.1%
11/2010 to
02/2011

02/2011 to
05/2011

05/2011 to
08/2011

08/2011 to
11/2011

11/2011 to
02/2012

02/2012 to
05/2012

Brian Ward Appraisal - (888) 844-1733 - www.brianward.com