Monday May 3, 2010

Your Local Executive SAN DIEGO, CA 92130

Summary Single Family Homes

This Week
Real-Time Market Profile Trend
Median List Price $ 1,299,500 ±+
Asking Price Per Square Foot $ 370 ±+
The median list price in SAN DIEGO, CA 92130 this week is Average Days on Market (DOM) 149 ±+
$1,299,500.
Percent of Properties with Price Decrease 34 %
Percent Relisted (reset DOM) 11 %
The Market Action Index has been trending down lately, while
inventory is climbing. These trends imply a weakening market. Percent Flip (price increased) 4%
Median House Size (sq ft) 3726
Median Lot Size 0.25 - 0.50 acre
Median Number of Bedrooms 5.0
Median Number of Bathrooms 4.5

Supply and Demand Market Action Index Strong Buyer's 20.8 ≠≠

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 In the last few weeks we've seen prices in this zip code bouncing
around this plateau. Look for a persistent down-shift in the
Market Action Index before we see prices deviate 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
0.50 - 1.0
Top/First $ 2,795,000 5943 acre 5.0 5.5 5 45 1 1 217 Most expensive 25% of properties

0.25 - 0.50
Upper/Second $ 1,450,000 3972 acre 5.0 4.5 9 45 3 2 154 Upper-middle 25% of properties

6,501 -
Lower/Third $ 1,198,000 3523 8,000 sqft 5.0 3.5 9 45 3 2 113 Lower-middle 25% of properties

4,501 -
Bottom/Fourth $ 755,000 2191 6,500 sqft 4.0 2.5 9 45 5 6 111 Least expensive 25% of properties

Pickford Escrow and The Escrow Firm

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