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    This Week: San Diego, Ca

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    The median list price in SAN DIEGO, CA this week is $525,000. The Market Action Index has been trending down lately, while inventory is climbing. This trend may be a result of improved quality (newer, larger homes) of the homes being listed.

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    This Week: San Diego, Ca

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    The median list price in SAN DIEGO, CA this week is $525,000. The Market Action Index has been trending down lately, while inventory is climbing. This trend may be a result of improved quality (newer, larger homes) of the homes being listed.

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    The median list price in SAN DIEGO, CA this week is $525,000. The Market Action Index has been trending down lately, while inventory is climbing. This trend may be a result of improved quality (newer, larger homes) of the homes being listed.

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    38 views1 page

    This Week: San Diego, Ca

    Uploaded by

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    The median list price in SAN DIEGO, CA this week is $525,000. The Market Action Index has been trending down lately, while inventory is climbing. This trend may be a result of improved quality (newer, larger homes) of the homes being listed.

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    Monday May 31, 2010

    Joseph R. Marciano's SAN DIEGO, CA


    Executive Summary Single Family Homes

    This Week
    Real-Time Market Profile Trend
    Median List Price $ 525,000 ==
    Asking Price Per Square Foot $ 286 ±+
    The median list price in SAN DIEGO, CA this week is $525,000. Average Days on Market (DOM) 98 ±+
    Percent of Properties with Price Decrease 35 %
    Percent Relisted (reset DOM) 8%
    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) 1798
    Median Lot Size 6,501 - 8,000 sqft
    Median Number of Bedrooms 4.0
    Median Number of Bathrooms 2.5

    Supply and Demand Market Action Index Strong Buyer's 22.5 ≠≠

    In terms of supply and demand, the market is getting cooler - more ±+ No change == Strong upward trend ≠≠ Strong downward trend
    supply is coming on the market relative to the sales demand.
    However, in recent weeks prices have been moving higher. Since it is = Slight upward trend ≠ Slight downward trend
    technically a Buyer's market, this price trend may be a result of
    improved quality (newer, larger homes) of the homes being listed.
    Look at the descriptive statistics where you may notice the homes
    being listed are larger and younger than they have been in the past. Price
    Market Action Index This week saw relatively little price change from last week.
    However, prices continue demonstrate a nice up trend in general
    over the last several weeks.

    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 $ 1,199,444 3408 acre 4.0 3.5 10 656 51 33 132 Most expensive 25% of properties

    6,501 -
    Upper/Second $ 649,000 2058 8,000 sqft 4.0 2.5 32 656 61 64 80 Upper-middle 25% of properties

    4,501 -
    Lower/Third $ 409,950 1513 6,500 sqft 3.0 2.0 44 656 68 68 84 Lower-middle 25% of properties

    4,501 -
    Bottom/Fourth $ 240,000 1229 6,500 sqft 3.0 2.0 50 657 64 74 95 Least expensive 25% of properties

    Joseph R. Marciano | Prudential California Realty | 951.553.5109

    Powered by Altos Research LLC | www.altosresearch.com | Copyright ©2010 Altos Research LLC

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