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MARKET UPDATE
FULLERTON, CA
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City Overview Single Family Homes in
Quartile Median Price Sq. Ft. Lot Size Beds Baths Age Inventory New Absorbed DOM
0.25 - 0.50
Top/First $ 899,000 2978 acre 4.0 2.5 33 86 11 7 212 Most expensive 25% of properties
8,001 -
Upper/Second $ 650,000 2200 10,000 sqft 4.0 2.0 38 87 4 5 196 Upper-middle 25% of properties
6,501 -
Lower/Third $ 429,900 1572 8,000 sqft 3.0 2.0 54 87 15 6 142 Lower-middle 25% of properties
4,501 -
Bottom/Fourth $ 319,000 1280 6,500 sqft 3.0 1.0 56 87 13 7 210 Least expensive 25% of properties
Median Price
Again this week we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high
levels. The Market Action Index is a good leading indicator for the durability of this trend.
Quartile Prices
Prices have settled at a price plateau across the board. Prices in all four quartiles are basically mixed. Look for a persistent shift
(up or down) in the Market Action Index before prices move from these current levels.
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 Buyer’s Advantage
zone (below 30) for a long period, prices are likely in for a downward correction.
The Market Action Index (MAI) illustrates a blance between supply and demand using a statistical function of the
current rate of sale versus current inventory.
Days on Market
The properties have been on the market for an average of 190 days. Half of the listings have come newly on the market in the
past 105 or so days.
Quartile Median Price Sq. Ft. Lot Size Beds Baths Age Inventory New Absorbed DOM
0.50 - 1.0
Top/First $ 1,324,500 4043 acre 4.0 3.5 36 16 2 3 264 Most expensive 25% of properties
0.25 - 0.50
Upper/Second $ 839,500 2825 acre 4.0 2.2 48 16 4 3 252 Upper-middle 25% of properties
0.25 - 0.50
Lower/Third $ 670,000 2082 acre 4.0 2.0 47 16 1 1 170 Lower-middle 25% of properties
4,501 -
Bottom/Fourth $ 492,000 1830 6,500 sqft 3.0 2.0 36 16 2 2 123 Least expensive 25% of properties
Median Price
Prices in this zip code have been on a downward trend recently and this week, while essentially flat, doesn't break us out of that
cycle.
Quartile Prices
In the quartile market segments, we see prices in this zip code generally settled at a plateau, although Quartile 2 is on a bit of
an up trend 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.
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 Buyer’s Advantage
zone (below 30) for a long period, prices are likely in for a downward correction.
The Market Action Index (MAI) illustrates a blance between supply and demand using a statistical function of the
current rate of sale versus current inventory.
Days on Market
The properties have been on the market for an average of 202 days. Half of the listings have come newly on the market in the
past 126 or so days.
Quartile Median Price Sq. Ft. Lot Size Beds Baths Age Inventory New Absorbed DOM
6,501 -
Top/First $ 854,000 2930 8,000 sqft 4.0 2.5 8 40 4 1 197 Most expensive 25% of properties
6,501 -
Upper/Second $ 639,000 2200 8,000 sqft 4.0 2.5 30 40 1 4 201 Upper-middle 25% of properties
6,501 -
Lower/Third $ 399,000 1518 8,000 sqft 3.0 2.0 54 40 5 3 131 Lower-middle 25% of properties
6,501 -
Bottom/Fourth $ 299,850 1262 8,000 sqft 3.0 1.0 56 40 5 2 216 Least expensive 25% of properties
Median Price
Again this week in this zip code we see a downward notch for prices. Pricing has been weak in recent weeks and versus their
absolute-high level. At this point, we will be looking for a persistent upward shift in the Market Action Index as a leading
indicator for a trough in prices.
Quartile Prices
In the quartile market segments, we see prices in this zip code generally settled at a plateau, although Quartile 2 is on a bit of
an up trend 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.
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 Buyer’s Advantage
zone (below 30) for a long period, prices are likely in for a downward correction.
The Market Action Index (MAI) illustrates a blance between supply and demand using a statistical function of the
current rate of sale versus current inventory.
Days on Market
The properties have been on the market for an average of 186 days. Half of the listings have come newly on the market in the
past 112 or so days.
Quartile Median Price Sq. Ft. Lot Size Beds Baths Age Inventory New Absorbed DOM
6,501 -
Top/First $ 637,500 1844 8,000 sqft 3.0 2.0 82 12 0 0 250 Most expensive 25% of properties
4,501 -
Upper/Second $ 369,950 1314 6,500 sqft 3.0 1.0 56 12 2 0 198 Upper-middle 25% of properties
4,501 -
Lower/Third $ 325,000 1336 6,500 sqft 3.0 2.0 56 13 1 1 232 Lower-middle 25% of properties
4,501 -
Bottom/Fourth $ 269,000 1156 6,500 sqft 3.0 1.0 62 13 1 2 252 Least expensive 25% of properties
Median Price
We continue to see prices in this zip code hovering around these current levels, even though they bumped up a bit this week.
Look for a persistent up-shift in the Market Action Index before we see prices move significantly from here.
Quartile Prices
In the quartile market segments, we see pricing in this zip code is lacking strong directional indication lately. Quartiles 1 and 3
are up while Quartiles 2 and 4 are basically flat in recent weeks. Watch for persistent shifts in the Market Action Index for a
leading indicator of stronger price moves in the market as a whole.
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 Buyer’s Advantage
zone (below 30) for a long period, prices are likely in for a downward correction.
The Market Action Index (MAI) illustrates a blance between supply and demand using a statistical function of the
current rate of sale versus current inventory.
Days on Market
The properties have been on the market for an average of 233 days. Half of the listings have come newly on the market in the
past 116 or so days.
Quartile Median Price Sq. Ft. Lot Size Beds Baths Age Inventory New Absorbed DOM
0.25 - 0.50
Top/First $ 798,500 2594 acre 4.0 2.5 41 18 2 0 164 Most expensive 25% of properties
8,001 -
Upper/Second $ 629,450 2020 10,000 sqft 3.0 2.0 46 18 1 0 183 Upper-middle 25% of properties
6,501 -
Lower/Third $ 452,500 1675 8,000 sqft 3.0 1.8 54 18 7 0 121 Lower-middle 25% of properties
6,501 -
Bottom/Fourth $ 339,900 1350 8,000 sqft 3.0 1.0 55 19 5 3 157 Least expensive 25% of properties
Median Price
Again this week in this zip code we see a downward notch for prices. Pricing has been weak in recent weeks and versus their
absolute-high level. At this point, we will be looking for a persistent upward shift in the Market Action Index as a leading
indicator for a trough in prices.
Quartile Prices
In the quartile market segments, we see prices in this zip code generally settled at a plateau, although Quartile 2 is on a bit of
an up trend 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.
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 Buyer’s Advantage
zone (below 30) for a long period, prices are likely in for a downward correction.
The Market Action Index (MAI) illustrates a blance between supply and demand using a statistical function of the
current rate of sale versus current inventory.
Days on Market
The properties have been on the market for an average of 156 days. Half of the listings have come newly on the market in the
past 84 or so days.