5
25 2 1419 97 2.0 28 2.0 0 87 2.0 10 139 1 4 30 $ 239,450 1 1 10 2.0 1 2.0 848 10 $ 213,999 2.0 89 $ 267,448 3.0 $ 329,998 26 3 1127 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. The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, 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. Even though the days-on-market is trending higher, so is the Market Action Index at these inventory levels, providing a neutral outlook for the market. CANYON COUNTRY, CA Paris911 Intel Reports Executive Summary 10 1007 2.0 Monday March 2, 2015 The median list price in CANYON COUNTRY, CA this week is $252,400. Investigate the market in quartiles - where each quartile is 25% of homes ordered by price. Most expensive 25% of properties Upper-middle 25% of properties Lower-middle 25% of properties Least expensive 25% of properties Quartile Median Price Beds Baths Age Inventory New Absorbed DOM Square Feet The Paris911 Team | www.Paris911.com | 661-400-1720 No change Strong upward trend Strong downward trend Slight upward trend Slight downward trend ±+ == ≠≠ = Powered by Altos Research LLC | www.altosresearch.com | Copyright ©2005-2014 Altos Research LLC Condos - Townhomes 45.8 Percent Relisted (reset DOM) 1071 2.0 5 % Median Number of Bathrooms 103 Median List Price Average Days on Market (DOM) $ 234 Percent Flip (price increased) Median House Size (sq ft) $ 252,400 28 % 2.0 Market Action Index Median Number of Bedrooms Asking Price Per Square Foot 18 % Percent of Properties with Price Decrease Strong Seller's ±+ ±+ == ≠≠ Bottom/Fourth Lower/Third Upper/Second Top/First This Week Supply and Demand Real-Time Market Profile Trend Price Price Trends Market Action Index 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 Characteristics per Quartile 90-Day Rolling Average 7-Day Rolling Average Buyer/Seller Cutoff 90-Day Rolling Average 7-Day Rolling Average

Santa Clarita valley condo and townhome update March 5, 2015

Embed Size (px)

Citation preview

25 21419

972.0 28

2.0

0

87

2.0 10

139

1

4

30

$ 239,450

1

1

10

2.0

12.0

848

10

$ 213,999

2.0

89

$ 267,448

3.0$ 329,998

26

3

1127

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

The market has been cooling over time and prices plateaued for awhile. Despite the consistent decrease in MAI, we're in the Seller'szone. Watch for changes in MAI. If the MAI resumes it's climb, priceswill likely follow suit. If the MAI drops consistently or falls into theBuyer's zone, watch for downward pressure on prices.

Even though the days-on-market is trending higher, so is theMarket Action Index at these inventory levels, providing a neutraloutlook for the market.

CANYON COUNTRY, CAParis911 Intel ReportsExecutive Summary

10

1007

2.0

Monday March 2, 2015

The median list price in CANYON COUNTRY, CA this week is$252,400.

Investigate the market in quartiles -where each quartile is 25% of homesordered by price.

Most expensive 25% of properties

Upper-middle 25% of properties

Lower-middle 25% of properties

Least expensive 25% of properties

Quartile Median Price Beds Baths Age Inventory New Absorbed DOMSquare Feet

The Paris911 Team | www.Paris911.com | 661-400-1720

No change Strong upward trend Strong downward trend

Slight upward trend Slight downward trend±+ == ≠≠

≠=

Powered by Altos Research LLC | www.altosresearch.com | Copyright ©2005-2014 Altos Research LLC

Condos - Townhomes

45.8

Percent Relisted (reset DOM)

1071

2.0

5 %

Median Number of Bathrooms

103

Median List Price

Average Days on Market (DOM)$ 234

Percent Flip (price increased)Median House Size (sq ft)

$ 252,400

28 %

2.0

Market Action Index

Median Number of Bedrooms

Asking Price Per Square Foot

18 %Percent of Properties with Price Decrease

Strong Seller's

±+

±+

==

≠≠

Bottom/Fourth

Lower/Third

Upper/Second

Top/First

This Week

Supply and Demand

Real-Time Market Profile Trend

Price

Price Trends

Market Action Index

The Market Action Index answers the question "How's theMarket?" by measuring the current rate of sale versus theamount of the inventory. Index above 30 implies Seller'sMarket conditions. Below 30, conditions favor the buyer.

QuartilesCharacteristics per Quartile

90-Day Rolling Average7-Day Rolling Average Buyer/Seller Cutoff

90-Day Rolling Average7-Day Rolling Average

42 11228

192.0 26

2.0

1

42

2.0 6

111

0

1

52

$ 231,500

2

0

7

2.0

12.0

864

6

$ 173,500

2.0

111

$ 245,000

2.0$ 323,850

48

1

1109

The market seems to have paused around this plateau. TheMarket Action Index is a good leading indicator for the durabilityof this trend.

In the last few weeks the market has achieved a relative stasis pointin terms of sales to inventory. However, inventory is sufficiently lowto 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.

The Market Action Index has been trending down recently, but asdays-on-market decreases also, there are not strong signals for thedirection of the market.

NEWHALL, CAParis911 Intel ReportsExecutive Summary

6

968

1.5

Monday March 2, 2015

The median list price in NEWHALL, CA this week is $239,000.

Investigate the market in quartiles -where each quartile is 25% of homesordered by price.

Most expensive 25% of properties

Upper-middle 25% of properties

Lower-middle 25% of properties

Least expensive 25% of properties

Quartile Median Price Beds Baths Age Inventory New Absorbed DOMSquare Feet

The Paris911 Team | www.Paris911.com | 661-400-1720

No change Strong upward trend Strong downward trend

Slight upward trend Slight downward trend±+ == ≠≠

≠=

Powered by Altos Research LLC | www.altosresearch.com | Copyright ©2005-2014 Altos Research LLC

Condos - Townhomes

47.8

Percent Relisted (reset DOM)

970

2.0

0 %

Median Number of Bathrooms

72

Median List Price

Average Days on Market (DOM)$ 227

Percent Flip (price increased)Median House Size (sq ft)

$ 239,000

12 %

2.0

Market Action Index

Median Number of Bedrooms

Asking Price Per Square Foot

8 %Percent of Properties with Price Decrease

Strong Seller's

±+

±+

≠≠

±+

Bottom/Fourth

Lower/Third

Upper/Second

Top/First

This Week

Supply and Demand

Real-Time Market Profile Trend

Price

Price Trends

Market Action Index

The Market Action Index answers the question "How's theMarket?" by measuring the current rate of sale versus theamount of the inventory. Index above 30 implies Seller'sMarket conditions. Below 30, conditions favor the buyer.

QuartilesCharacteristics per Quartile

90-Day Rolling Average7-Day Rolling Average Buyer/Seller Cutoff

90-Day Rolling Average7-Day Rolling Average

1 02409

942.0 10

2.0

1

110

2.0 6

82

0

0

20

$ 327,450

1

0

6

4.0

12.2

1001

6

$ 267,500

3.0

48

$ 377,972

5.0$ 492,101

18

0

1422

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

The market has been cooling over time and prices plateaued for awhile. Despite the consistent decrease in MAI, we're in the Seller'szone. Watch for changes in MAI. If the MAI resumes it's climb, priceswill likely follow suit. If the MAI drops consistently or falls into theBuyer's zone, watch for downward pressure on prices.

Inventory is up and Market Action is trending down recently. Whiledays-on-market appears to be trending lower, the overallconditions are weakening a bit.

SANTA CLARITA, CAParis911 Intel ReportsExecutive Summary

5

1404

2.0

Monday March 2, 2015

The median list price in SANTA CLARITA, CA this week is $355,000.

Investigate the market in quartiles -where each quartile is 25% of homesordered by price.

Most expensive 25% of properties

Upper-middle 25% of properties

Lower-middle 25% of properties

Least expensive 25% of properties

Quartile Median Price Beds Baths Age Inventory New Absorbed DOMSquare Feet

The Paris911 Team | www.Paris911.com | 661-400-1720

No change Strong upward trend Strong downward trend

Slight upward trend Slight downward trend±+ == ≠≠

≠=

Powered by Altos Research LLC | www.altosresearch.com | Copyright ©2005-2014 Altos Research LLC

Condos - Townhomes

44.6

Percent Relisted (reset DOM)

1404

2.0

4 %

Median Number of Bathrooms

85

Median List Price

Average Days on Market (DOM)$ 258

Percent Flip (price increased)Median House Size (sq ft)

$ 355,000

30 %

3.0

Market Action Index

Median Number of Bedrooms

Asking Price Per Square Foot

13 %Percent of Properties with Price Decrease

Seller's Advantage

±+

=

≠≠

≠≠

Bottom/Fourth

Lower/Third

Upper/Second

Top/First

This Week

Supply and Demand

Real-Time Market Profile Trend

Price

Price Trends

Market Action Index

The Market Action Index answers the question "How's theMarket?" by measuring the current rate of sale versus theamount of the inventory. Index above 30 implies Seller'sMarket conditions. Below 30, conditions favor the buyer.

QuartilesCharacteristics per Quartile

90-Day Rolling Average7-Day Rolling Average Buyer/Seller Cutoff

90-Day Rolling Average7-Day Rolling Average

12 01838

582.5 25

2.0

0

112

3.0 3

77

0

1

25

$ 350,000

1

0

3

2.5

02.0

963

2

$ 309,900

3.0

24

$ 472,450

3.0$ 565,000

12

0

1680

The market is hovering around this plateau. Look for a persistentchange in the Market Action Index before we see prices deviatefrom these levels.

Home sales continue to outstrip supply and the Market Action Indexhas been moving higher for several weeks. This is a Seller's marketso watch for upward pricing pressure in the near future if the trendcontinues.

The Market Action index has been trending down lately, whiledays-on-market is climbing, providing mostly bearish signs for themarket.

STEVENSON RANCH, CAParis911 Intel ReportsExecutive Summary

2

1232

2.0

Monday March 2, 2015

The median list price in STEVENSON RANCH, CA this week is$372,500.

Investigate the market in quartiles -where each quartile is 25% of homesordered by price.

Most expensive 25% of properties

Upper-middle 25% of properties

Lower-middle 25% of properties

Least expensive 25% of properties

Quartile Median Price Beds Baths Age Inventory New Absorbed DOMSquare Feet

The Paris911 Team | www.Paris911.com | 661-400-1720

No change Strong upward trend Strong downward trend

Slight upward trend Slight downward trend±+ == ≠≠

≠=

Powered by Altos Research LLC | www.altosresearch.com | Copyright ©2005-2014 Altos Research LLC

Condos - Townhomes

48.1

Percent Relisted (reset DOM)

1403

2.0

0 %

Median Number of Bathrooms

68

Median List Price

Average Days on Market (DOM)$ 287

Percent Flip (price increased)Median House Size (sq ft)

$ 372,500

30 %

3.0

Market Action Index

Median Number of Bedrooms

Asking Price Per Square Foot

0 %Percent of Properties with Price Decrease

Strong Seller's

±+

=

=

==

Bottom/Fourth

Lower/Third

Upper/Second

Top/First

This Week

Supply and Demand

Real-Time Market Profile Trend

Price

Price Trends

Market Action Index

The Market Action Index answers the question "How's theMarket?" by measuring the current rate of sale versus theamount of the inventory. Index above 30 implies Seller'sMarket conditions. Below 30, conditions favor the buyer.

QuartilesCharacteristics per Quartile

90-Day Rolling Average7-Day Rolling Average Buyer/Seller Cutoff

90-Day Rolling Average7-Day Rolling Average

14 11936

722.0 20

1.0

4

62

2.0 13

68

0

2

27

$ 329,000

3

3

13

3.0

12.0

790

13

$ 245,500

3.0

73

$ 360,000

3.0$ 489,900

12

2

1320

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

The market remains in a relative stasis in terms of sales toinventory. Prices have not been moving higher for several weeks.However, inventory is sufficiently low to keep us in the Seller'sMarket zone so watch changes in the MAI. If the market heats uppersistently, prices are likely to resume an upward climb.

Inventory is up and Market Action is trending down recently. Whiledays-on-market appears to be trending lower, the overallconditions are weakening a bit.

VALENCIA, CAParis911 Intel ReportsExecutive Summary

13

1120

1.0

Monday March 2, 2015

The median list price in VALENCIA, CA this week is $344,995.

Investigate the market in quartiles -where each quartile is 25% of homesordered by price.

Most expensive 25% of properties

Upper-middle 25% of properties

Lower-middle 25% of properties

Least expensive 25% of properties

Quartile Median Price Beds Baths Age Inventory New Absorbed DOMSquare Feet

The Paris911 Team | www.Paris911.com | 661-400-1720

No change Strong upward trend Strong downward trend

Slight upward trend Slight downward trend±+ == ≠≠

≠=

Powered by Altos Research LLC | www.altosresearch.com | Copyright ©2005-2014 Altos Research LLC

Condos - Townhomes

44.4

Percent Relisted (reset DOM)

1218

2.0

0 %

Median Number of Bathrooms

69

Median List Price

Average Days on Market (DOM)$ 285

Percent Flip (price increased)Median House Size (sq ft)

$ 344,995

19 %

2.0

Market Action Index

Median Number of Bedrooms

Asking Price Per Square Foot

8 %Percent of Properties with Price Decrease

Seller's Advantage

±+

±+

≠≠

±+

Bottom/Fourth

Lower/Third

Upper/Second

Top/First

This Week

Supply and Demand

Real-Time Market Profile Trend

Price

Price Trends

Market Action Index

The Market Action Index answers the question "How's theMarket?" by measuring the current rate of sale versus theamount of the inventory. Index above 30 implies Seller'sMarket conditions. Below 30, conditions favor the buyer.

QuartilesCharacteristics per Quartile

90-Day Rolling Average7-Day Rolling Average Buyer/Seller Cutoff

90-Day Rolling Average7-Day Rolling Average