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Showing posts with label Market Update. Show all posts
Showing posts with label Market Update. Show all posts

Wednesday, July 8, 2015

Pick City: San Diego

San Diego - Week of July 5th, 2015

Single Family Homes




This Week

The median list price in SAN DIEGO, CA this week is $699,000. The 1679 properties have been on the market for an average of 62 days.

Demand measured by the Market Action Index is increasing and dayson-market is holding steady. With more properties coming available, conditions are mildly positive.

Supply and Demand

The market has started cooling and prices have recently plateaued. Since we're in the Seller's zone, watch for changes in MAI. If the MAI resumes it's climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer's zone, watch for downward pressure on prices.



Median Price


The market appears to be hovering around this plateau. Look for a persistent change in the Market Action Index before we see prices deviate from these levels.

Inventory of Properties Listed for Sale


Inventory has been climbing lately. Note that rising inventory alone does not signal a weakening market. Look to the Market Action Index and Days on Market trends to gauge whether buyer interest is keeping up with available supply.

Market Action Index



The SAN DIEGO market is currently in the Seller's Advantage zone (greater than 30). The 90-day Market Action Index stands at 41.33 which indicates that demand is strong and available supply of homes gets snapped up relatively quickly.

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Data Provided by and Copyright Altos Research LLC

Wednesday, July 1, 2015

Pick City: Chula Vista

Chula Vista - Week of June 28th, 2015

Single Family Homes




This Week

The median list price in CHULA VISTA, CA this week is $542,000. The 352 properties have been on the market for an average of 46 days.

Demand measured by the Market Action Index is increasing and dayson-market is trending downward. Even as more properties come available, these are positive trends for the market.

Supply and Demand

The market has started cooling and prices have recently plateaued. Since we're in the Seller's zone, watch for changes in MAI. If the MAI resumes it's climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer's zone, watch for downward pressure on prices.



Median Price


Despite this week's up tic, the market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this shift.

Inventory of Properties Listed for Sale


Inventory has been climbing lately. Note that rising inventory alone does not signal a weakening market. Look to the Market Action Index and Days on Market trends to gauge whether buyer interest is keeping up with available supply.

Market Action Index



The CHULA VISTA market is currently in the Seller's Advantage zone (greater than 30). The 90-day Market Action Index stands at 44.90 which indicates that demand is strong and available supply of homes gets snapped up relatively quickly.

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Data Provided by and Copyright Altos Research LLC

Wednesday, June 24, 2015

Pick City: Lakeside

Lakeside - Week of June 21st, 2015

Single Family Homes




This Week

The median list price in LAKESIDE, CA this week is $499,000. The 83 properties have been on the market for an average of 69 days.
The Market Action Index has been trending down lately, while inventory is climbing. These trends imply a weakening market.

Supply and Demand

The market has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we're in a Seller's Market (where significant demand leaves little inventory available). If the MAI begins to climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer's zone, watch for downward pressure.


Median Price


Prices hit another all time high this week. Given current conditions, prices continue to march higher. A persistent drop of the Market Action Index into the Buyer's zone will be a leading indicator of the price strength subsiding.

Inventory of Properties Listed for Sale


Inventory has been climbing lately. Note that rising inventory alone does not signal a weakening market. Look to the Market Action Index and Days on Market trends to gauge whether buyer interest is keeping up with available supply.

Market Action Index



The LAKESIDE market is currently in the Seller's Advantage zone (greater than 30). The 90-day Market Action Index stands at 43.40 which indicates that demand is strong and available supply of homes gets snapped up relatively quickly.

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Data Provided by and Copyright Altos Research LLC

Wednesday, June 17, 2015

Pick City: Ramona

Ramona - Week of June 14th, 2015

Single Family Homes




This Week

The median list price in RAMONA, CA this week is $505,000. The 149 properties have been on the market for an average of 87 days.

The Market Action Index has been trending down lately, while inventory is climbing. These trends imply a weakening market.

Supply and Demand

The market has started cooling and prices have recently plateaued. Since we're in the Seller's zone, watch for changes in MAI. If the MAI resumes it's climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer's zone, watch for downward pressure on prices.



Median Price


Again this week we see a downward notch for prices. Prices continue to pull back from the market's highs. The Market Action Index is a good leading indicator for the durability of this trend.

Inventory of Properties Listed for Sale


Inventory has been climbing lately. Note that rising inventory alone does not signal a weakening market. Look to the Market Action Index and Days on Market trends to gauge whether buyer interest is keeping up with available supply.

Market Action Index



The RAMONA market is currently in the Seller's Advantage zone (greater than 30). The 90-day Market Action Index stands at 37.72 which indicates that demand is strong and available supply of homes gets snapped up relatively quickly.

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Data Provided by and Copyright Altos Research LLC

Wednesday, June 10, 2015

Pick City: La Jolla

La Jolla - Week of June 7th, 2015

Single Family Homes




This Week

The median list price in LA JOLLA, CA this week is $2,850,000. The 189 properties have been on the market for an average of 141 days.

Demand measured by the Market Action Index is increasing and dayson-market is holding steady. With more properties coming available, conditions are mildly positive.

Supply and Demand

The market has shown some evidence of slowing recently. Both prices and inventory levels are relatively unchanged in recent weeks. Watch the Market Action Index for changes as it can be a leading indicator for price changes.



Median Price


Despite this week's up tic, the market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this shift.

Inventory of Properties Listed for Sale


Inventory has been climbing lately. Note that rising inventory alone does not signal a weakening market. Look to the Market Action Index and Days on Market trends to gauge whether buyer interest is keeping up with available supply.

Market Action Index



The LA JOLLA market is currently in the Buyer's Advantage zone (below 30), though not strongly so. The 90-day Market Action Index stands this week at 28.26 so buyers should expect to find reasonable levels of selection.

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Data Provided by and Copyright Altos Research LLC

Wednesday, June 3, 2015

Pick City: Mission Viejo

Mission Viejo - Week of June 1st

Single Family Homes




This Week

The median list price in MISSION VIEJO, CA this week is $729,750. The 160 properties have been on the market for an average of 55 days.

Inventory is up and Market Action is trending down recently. While dayson-market appears to be trending lower, the overall conditions are weakening a bit.

Supply and Demand

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller's market so watch for upward pricing pressure in the near future if the trend continues.



Median Price


Despite this week's up tic, the market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this shift.

Inventory of Properties Listed for Sale


Inventory has been climbing lately. Note that rising inventory alone does not signal a weakening market. Look to the Market Action Index and Days on Market trends to gauge whether buyer interest is keeping up with available supply.


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Data Provided by and Copyright Altos Research LLC

Wednesday, May 27, 2015

Pick City: Carlsbad

Carlsbad - Week of May 24th, 2015

Single Family Homes




This Week

The median list price in CARLSBAD, CA this week is $949,000. The 304 properties have been on the market for an average of 62 days.

Inventory is up and Market Action is trending down recently. While days on-market appears to be trending lower, the overall conditions are weakening a bit.

Supply and Demand

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller's Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.



Median Price


While this week the median didn't fluctuate much, prices continue to sit at all time highs. A persistent drop of the Market Action Index into the Buyer's zone will be a leading indicator of the price strength subsiding.

Inventory of Properties Listed for Sale



Inventory has been climbing lately. Note that rising inventory alone does not signal a weakening market. Look to the Market Action Index and Days on Market trends to gauge whether buyer interest is keeping up with available supply.

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Data Provided by and Copyright Altos Research LLC

Wednesday, May 20, 2015

Pick City: Lake Elsinore

Lake Elsinore - Week of May 17th, 2015

Single Family Homes




This Week

The median list price in LAKE ELSINORE, CA this week is $335,000. The 281 properties have been on the market for an average of 86 days.

Demand measured by the Market Action Index is increasing and days on-market is trending downward. Even as more properties come available, these are positive trends for the market.

Supply and Demand

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller's market so watch for upward pricing pressure in the near future if the trend continues.



Median Price


Prices appear to be hovering around their high point. Look for a persistent down-shift in the Market Action Index before we see prices deviate from these levels.

Inventory of Properties Listed for Sale


Inventory has been climbing lately. Note that rising inventory alone does not signal a weakening market. Look to the Market Action Index and Days on Market trends to gauge whether buyer interest is keeping up with available supply.


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Data Provided by and Copyright Altos Research LLC

Wednesday, May 13, 2015

Pick City: San Marcos

San Marcos - Week of May 10th, 2015

Single Family Homes




This Week

The median list price in SAN MARCOS, CA this week is $641,500. The 172 properties have been on the market for an average of 70 days.

The Market Action Index has been trending down lately, while inventory is climbing. These trends imply a weakening market.

Supply and Demand

The market has not shown strong directional trends in terms of supply and demand. However, inventory is sufficiently low to keep us in the Seller's Market zone and prices have been moving upward as evidence.



Median Price



The market seems to have paused around its high point. The Market Action Index is a good leading indicator for the durability of this trend.

Inventory of Properties Listed for Sale


Inventory has been climbing lately. Note that rising inventory alone does not signal a weakening market. Look to the Market Action Index and Days on Market trends to gauge whether buyer interest is keeping up with available supply.


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Data Provided by and Copyright Altos Research LLC

Wednesday, May 6, 2015

Pick City: Santee

Santee - Week of May 3rd, 2015

Single Family Homes




This Week

The median list price in SANTEE, CA this week is $450,000. The 59 properties have been on the market for an average of 56 days.

The Market Action Index has been trending down lately, while inventory is climbing. These trends imply a weakening market.

Supply and Demand

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller's market so watch for upward pricing pressure in the near future if the trend continues.



Median Price


Prices appear to be hovering around their high point. Look for a persistent down-shift in the Market Action Index before we see prices deviate from these levels.

Inventory of Properties Listed for Sale


Inventory has been climbing lately. Note that rising inventory alone does not signal a weakening market. Look to the Market Action Index and Days on Market trends to gauge whether buyer interest is keeping up with available supply.


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Data Provided by and Copyright Altos Research LLC

Wednesday, April 29, 2015

Pick City: Murrieta

Murrieta - Week of April 26th, 2015

Single Family Homes




This Week

The median list price in MURRIETA, CA this week is $419,900. The 442 properties have been on the market for an average of 97 days.

With inventory and days-on-market basically unchanged and the Market Action Index decreasing, the market is not sending strong directional signal for the near-term outlook.

Supply and Demand

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller's market so watch for upward pricing pressure in the near future if the trend continues.



Median Price


The market seems to have paused around its high point. The Market Action Index is a good leading indicator for the durability of this trend.

Inventory of Properties Listed for Sale


Inventory has been relatively steady around these levels in recent weeks.

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Data Provided by and Copyright Altos Research LLC

Wednesday, April 22, 2015

Pick City: Ramona

Ramona - Week of April 20th, 2015

Single Family Homes




This Week

The median list price in RAMONA, CA this week is $502,000. The 136 properties have been on the market for an average of 95 days.

Inventory is up and Market Action is trending down recently. While days on-market appears to be trending lower, the overall conditions are weakening a bit.

Supply and Demand

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller's Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.



Median Price


Despite this week's up tic, the market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this shift.

Inventory of Properties Listed for Sale


Inventory has been climbing lately. Note that rising inventory alone does not signal a weakening market. Look to the Market Action Index and Days on Market trends to gauge whether buyer interest is keeping up with available supply.


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Data Provided by and Copyright Altos Research LLC

Wednesday, April 15, 2015

Pick City: Santa Ana

Santa Ana - Week of April 12th, 2015

Single Family Homes




This Week

The median list price in SANTA ANA, CA this week is $729,000. The 225 properties have been on the market for an average of 96 days.

The Market Action index has been trending down lately, while days-onmarket is climbing, providing mostly bearish signs for the market.

Supply and Demand

The market has been strong for several consecutive weeks. Reflecting these inventory conditions, with the MAI in the Seller's zone, it is not surprising that prices have recently resumed their climb.



Median Price


Prices hit another all time high this week. Given current conditions, prices continue to march higher. A persistent drop of the Market Action Index into the Buyer's zone will be a leading indicator of the price strength subsiding.

Inventory of Properties Listed for Sale


Inventory has been relatively steady around these levels in recent weeks.


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Data Provided by and Copyright Altos Research LLC

Wednesday, April 8, 2015

Pick City: Coronado

Coronado - Week of April 5th, 2015

Single Family Homes




This Week

The median list price in CORONADO, CA this week is $2,772,500. The 76 properties have been on the market for an average of 172 days.

Inventory is tightening and days-on market is falling. The Market Action Index shows demand heating up. These are relatively bullish signs for prices.

Supply and Demand

Home sales have begun exceeding new inventory. This is a Buyer's market so prices are not yet moving higher as excess inventory is consumed. If the tightening continues and the market moves into the Seller's zone, we may see upward pressure on pricing.


Median Price


Though this week saw relatively little price change from last week, the market seems to be show some signs of strength. The Market Action Index is a good leading indicator for the durability of this trend.

Inventory of Properties Listed for Sale


Inventory has been falling in recent weeks. Note that declining inventory alone does not signal a strengthening market. Look to the Market Action Index and Days on Market trends to gauge whether buyer interest is changing with the available supply.


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Data Provided by and Copyright Altos Research LLC

Wednesday, April 1, 2015

Pick City: Fullerton

Fullerton - Week of March 28th, 2015

Single Family Homes




This Week

The median list price in FULLERTON, CA this week is $758,000. The 163 properties have been on the market for an average of 70 days.

Inventory has been lightening lately and the Market Action Index has been trending up. These are mildly positive indications for the market.

Supply and Demand

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller's market so watch for upward pricing pressure in the near future if the trend continues.



Median Price


Prices hit another all time high this week. Given current conditions, prices continue to march higher. A persistent drop of the Market Action Index into the Buyer's zone will be a leading indicator of the price strength subsiding.

Inventory of Properties Listed for Sale


Inventory has been falling in recent weeks. Note that declining inventory alone does not signal a strengthening market. Look to the Market Action Index and Days on Market trends to gauge whether buyer interest is changing with the available supply.


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Select your area below:



Data Provided by and Copyright Altos Research LLC

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