san marcos market update

MARKET UPDATESolutions Real Estate

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

· Report for the week ofMarch 26, 2012

· Presented by David DionSolutions Real Estatewww.SolutionsRealEstate.com - [email protected]

SAN MARCOS, CA

Powered by Altos Research LLC | www.altosresearch.com | Copyright ©2005-2010 Altos Research LLC

Presented by Crystal Jordan Solutions Real Estate www.CrystalClearSolutionsRE.com ~ [email protected] (760) 586 8552

Median List Price

Median Lot Size

22.9

Percent Relisted (reset DOM)

1712

2.5

5 %

Median Number of Bathrooms

126

Inventory of Properties Listed

$ 181

Percent Flip (price increased)

0.50 - 1.0 acre

Median House Size (sq ft)

$ 344,450

29 %

3.0

Market Action Index

Median Number of Bedrooms

Asking Price Per Square Foot

n/a

Percent of Properties with Price Decrease

Strong Buyer's

±+

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±+

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Altos Research Value Statistics

Most Expensive Listing

Average Days on Market (DoM)

Bottom/Fourth

Lower/Third

Upper/Second

Top/First

This Week Real-Time Market Profile Trend

The Market Action Index answers the question "How's the Market?" by measuringthe current rate of sale versus the amount of the inventory. Index above 30implies a seller's advantage. Below 30, conditions give the advantage to thebuyer.

Supply and Demand

Characteristics per Quartile

9 123059

1102.5 10

2.0

8

125

3.0 62

82

9

10

1.0 - 2.5acres

35

$ 299,000

7

2

62

3.0

0.25 - 0.50acre

73.0

1365 2.5 - 5.0acres

62

$ 132,450

4.0

186

0.25 - 0.50acre$ 399,950

4.0$ 609,500

13

7

2276

The Market Action Index has beenclimbing lately while days-on-marketare trending down, these point to apositive near-term outlook for themarket.

Monday March 26, 2012

David Dion | Solutions Real Estate | 480-332-5942 | www.

62

1482

2.0

The median list price in SAN MARCOS,CA this week is $344,450. The 248properties have been on the marketfor an average of 126 days.

Most expensive 25% of properties

Upper-middle 25% of properties

Lower-middle 25% of properties

Least expensive 25% of properties

Quartile Median Price Lot Size Beds Baths Age Inventory New Absorbed DOMSq. Ft.

No change

Strong upward trend Strong downward trend

Slight upward trend Slight downward trend±+

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SAN MARCOS, CACity Overview

Least Expensive Listing

Average List Price

Average Age of Listing

248

$ 3,500,000

$ 42,500

$ 391,118

20

Trend Key:

The market has shown someevidence of slowing recently. Bothprices and inventory levels arerelatively unchanged in recentweeks. Watch the Market ActionIndex for changes as it can be aleading indicator for price changes.

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Single Family Homes in

CRYSTAL JORDAN / SOLUTIONS REAL ESTATE / 760 586 8552


City OverviewSAN MARCOS, CA


Median PriceAgain this week we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-highlevels. The Market Action Index is a good leading indicator for the durability of this trend.

90-day Average7-day Average

Quartile PricesPrices 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.

First/Top Second/Upper Third/Lower Fourth/Bottom

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Price per Square FootDespite recently falling prices, the price per square foot has stayed reasonably flat. This implies that there's a portion of themarket being priced at a premium. You can investigate this condition in the quartile details.


Inventory of Properties Listed for SaleInventory has been relatively steady around these levels in recent weeks.


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Market Action IndexThe SAN MARCOS market is currently quite strongly in the Buyer's Advantage zone (below 30). The 90-day Market Action Indexstands at 22.85. With several months of inventory available at the current sales rate, buyers should find ample choice.

Buyers/Sellers Cutoff90-day Average

Market Action Index per QuartileNot surprisingly given the overall Market Action Index, all quartiles are in the Buyer's Market zone with several months ofinventory given the current rate of demand for homes in the quartile. Watch the quartile for changes before the overall marketshifts. Often one end of the market (e.g. the low end) will improve and signal a strengthening market before the whole groupchanges.


Buyers/Sellers Cutoff

Residential house prices are a function of supply and demand, and market conditions can be characterizedby analyzing those factors. Watch this index for sustained changes: if the index falls into the Buyer’sAdvantage zone (below 30) for a long period, prices are likely in for a downward correction.

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Days on MarketThe properties have been on the market for an average of 126 days. Half of the listings have come newly on the market in thepast 63 or so days.


Days on Market per QuartileIt is not uncommon for the higher priced homes in an area to take longer to sell than those in the lower quartiles.


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san marcos market update

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