Monday December 21, 2009

Your Local Executive VISTA, CA

Summary Single Family Homes

This Week
Real-Time Market Profile Trend
Median List Price $ 350,000 ±+
Asking Price Per Square Foot $ 196 ±+
The median list price in VISTA, CA this week is $350,000. Average Days on Market (DOM) 168 ==
Percent of Properties with Price Decrease 27 %
Percent Relisted (reset DOM) 6%
Inventory has been decreasing lately but the Market Action Index is
falling also. With days-on-market climbing, these are relatively Percent Flip (price increased) 7%
negative implications for the market. Median House Size (sq ft) 1807
Median Lot Size 0.50 - 1.0 acre
Median Number of Bedrooms 3.0
Median Number of Bathrooms 2.0

Supply and Demand Market Action Index Buyer's Advantage 23.5 ≠≠

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

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
1.0 - 2.5
Top/First $ 722,450 3011 acres 4.0 3.0 20 66 0 1 228 Most expensive 25% of properties

0.25 - 0.50
Upper/Second $ 417,450 2188 acre 3.0 2.5 25 66 9 7 133 Upper-middle 25% of properties

0.25 - 0.50
Lower/Third $ 300,000 1631 acre 3.0 2.0 29 67 9 8 164 Lower-middle 25% of properties

0.25 - 0.50
Bottom/Fourth $ 225,000 1248 acre 3.0 2.0 46 67 7 8 147 Least expensive 25% of properties

Pickford Escrow and The Escrow Firm

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