Monday December 21, 2009

Your Local Executive VALLEY CENTER, CA

Summary Single Family Homes

This Week
Real-Time Market Profile Trend
Median List Price $ 510,000 ≠≠
Asking Price Per Square Foot $ 188 ±+
The median list price in VALLEY CENTER, CA this week is $510,000. Average Days on Market (DOM) 196 ==
Percent of Properties with Price Decrease 35 %
Percent Relisted (reset DOM) 6%
Inventory has been lightening lately and the Market Action Index
has been trending up. Though days-on-market is increasing, these Percent Flip (price increased) 6%
are mildly positive indications for the market. Median House Size (sq ft) 2957
Median Lot Size 2.5 - 5.0 acres
Median Number of Bedrooms 4.0
Median Number of Bathrooms 3.0

Supply and Demand Market Action Index Strong Buyer's 16.0 ==

Home sales have been exceeding new inventory for several weeks. ±+ No change == Strong upward trend ≠≠ Strong downward trend
However because of excess inventory, prices have not yet stopped
falling. Should the sales trend continue, expect prices to level off = Slight upward trend ≠ Slight downward trend
soon and potentially to resume their climb from there. Watch prices
as the market transitions from a Buyer's market to a Seller's market.

Price
Market Action Index The market has been on a downward trend recently and this
week, while essentially flat, doesn't break us out of that cycle.

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
5.0 - 10
Top/First $ 1,075,000 3487 acres 4.0 3.0 16 31 0 0 257 Most expensive 25% of properties

2.5 - 5.0
Upper/Second $ 625,000 3299 acres 4.5 3.2 13 32 1 4 227 Upper-middle 25% of properties

1.0 - 2.5
Lower/Third $ 453,950 2978 acres 4.0 3.0 10 32 1 2 153 Lower-middle 25% of properties

2.5 - 5.0
Bottom/Fourth $ 335,000 1928 acres 3.0 2.0 26 32 1 3 147 Least expensive 25% of properties

Pickford Escrow and The Escrow Firm

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