Intero Real Estate ServicesMARKET UPDATE

HAYWARD, CA

Current Real Estate Market Conditions for Single Family Homes Trends in Pricing Current Levels of Supply and Demand Value Metrics

Report for the week of October 14, 2013

Presented by Intero Real Estate Services-Fremont Intero Real Estate Services www.Facebook.com/InteroEastBay 510.651.6500

Powered by Altos Research LLC | www.altosresearch.com | Copyright 2005-2013 Altos Research LLC

City Overview
Intero Real Estate Services | EastBay

Single Family Homes in

HAYWARD, CA

This Week
The median list price in HAYWARD, CA this week is $459,000. The 121 properties have been on the market for an average of 50 days.
Median List Price Average List Price

Real-Time Market Profile

$ 459,000 $ 531,349 $ 309 50 121 $ 1,695,000 $ 265,000 52 27 % 11 n/a % 4% 1546 4,501 - 6,500 sqft 3.0 2.0

Trend
+ == == +

Asking Price Per Square Foot Average Days on Market (DoM) Inventory of Properties Listed Most Expensive Listing

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

Least Expensive Listing Average Age of Listing Percent of Properties with Price Decrease Percent Relisted (reset DOM) Percent Flip (price increased) Median House Size (sq ft) Median Lot Size Median Number of Bedrooms

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 Number of Bathrooms

Altos Research Value Statistics

Market Action Index Strong Seller's 57.4 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 a seller's advantage. Below 30, conditions give the advantage to the buyer.

Trend Key:

No change

== Strong upward trend Strong downward trend = Slight upward trend Slight downward trend

Characteristics per Quartile

Quartile
Top/First Upper/Second Lower/Third Bottom/Fourth
Median Price Sq. Ft. Lot Size Beds Baths Age Inventory New Absorbed DOM

$ 722,500 $ 499,000 $ 412,500 $ 359,000

2692 1658 1312 1089

0.25 - 0.50 acre 4,501 6,500 sqft 4,501 6,500 sqft 4,501 6,500 sqft

4.0 4.0 3.0 3.0

3.0 2.2 2.0 1.0

37 49 58 62

30 30 30 31

5 5 6 7

3 2 6 7

56 63 45 38

Most expensive 25% of properties Upper-middle 25% of properties Lower-middle 25% of properties Least expensive 25% of properties

Page 2 of 6

Monday October 14, 2013

City Overview

Single Family Homes in

Intero Real Estate Services | EastBay

HAYWARD, CA

Median Price
Prices continue their climb again this week. We're a long way from the market's price high-point so watch the Market Action Index as an indicator of how long this trend will last.

7-day Average

90-day Average

Quartile Prices
Prices have generally settled at a plateau, although Quartile 1 has been trending a bit downward in recent weeks. We'll need to see a persistent shift in the Market Action Index before we see prices across the board move from these levels.

First/Top

Second/Upper

Third/Lower

Fourth/Bottom

Page 3 of 6

Monday October 14, 2013

City Overview

Single Family Homes in

Intero Real Estate Services | EastBay

HAYWARD, CA

Price per Square Foot

The market appears to be placing an increasing premium on homes. When list prices and price per square foot consistently increase in tandem, as they're doing now, you can often find short-term investment opportunities. Watch the Market Action Index for persistent changes as a leading indicator for these trends to flatten or drop.

7-day Average

90-day Average

Inventory of Properties Listed for Sale

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

7-day Average

90-day Average

Page 4 of 6

Monday October 14, 2013

City Overview

Single Family Homes in

Intero Real Estate Services | EastBay

HAYWARD, CA

Market Action Index

The HAYWARD market is currently quite strongly in the Seller's Advantage zone (greater than 30). The 90-day Market Action Index stands at 57.42; indicating very little supply relative to the demand.

90-day Average

Buyers/Sellers Cutoff

Market Action Index per Quartile

Not surprisingly, all segments in the market are showing high levels of demand. Watch the quartiles for changes before the whole market changes. Often one end of the market (e.g. the high-end) will weaken before the rest of the market and signal a slowdown for the whole group.

First/Top

Second/Upper

Third/Lower

Fourth/Bottom

Buyers/Sellers Cutoff
Residential house prices are a function of supply and demand, and market conditions can be characterized by analyzing those factors. Watch this index for sustained changes: if the index falls into the Buyers Advantage zone (below 30) for a long period, prices are likely in for a downward correction.

Page 5 of 6

Monday October 14, 2013

City Overview

Single Family Homes in

Intero Real Estate Services | EastBay

HAYWARD, CA

Days on Market
The properties have been on the market for an average of 50 days. Half of the listings have come newly on the market in the past 28 or so days.

7-day Average

90-day Average

Days on Market per Quartile

It is not uncommon for the higher priced homes in an area to take longer to sell than those in the lower quartiles.

First/Top

Second/Upper

Third/Lower

Fourth/Bottom

Page 6 of 6

Monday October 14, 2013