san diego real estate market summary 92128 @ tri sean allen
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8/14/2019 San Diego Real Estate Market Summary 92128 @ Tri Sean Allen
1/1
26 03263
1172.0 24
3.0
2
134
3.0 32
164
4
1
0.25 - 0.50acre
40
$ 525,000
0
2
32
3.0
8,001 -10,000 sqft
32.5
1515 6,501 -8,000 sqft
31
$ 377,000
4.0
1486,501 -
8,000 sqft$ 635,000
5.0$ 899,999
21
1
2196
In the last few weeks we've seen prices in this zip code bouncingaround this plateau. Look for a persistent down-shift in theMarket Action Index before we see prices deviate from theselevels.
Home sales have been exceeding new inventory for several weeks.Since this is a Buyer's market prices are not yet moving higher as
excess inventory is consumed. However, the as supply and demandtrends continue, the market moves into the Seller's zone, and we arelikely to see upward pressure on pricing.
Inventory has been lightening lately and the Market Action Indexhas been trending up. Though days-on-market is increasing, theseare mildly positive indications for the market.
SAN DIEGO, CA 92128Your Local ExecutiveSummary
31
1762
2.0
Monday December 14, 2009
The median list price in SAN DIEGO, CA 92128 this week is$562,500.
Investigate the market in quartiles where each quartile is 25% of homordered by price.
Most expensive 25% of properties
Upper-middle 25% of properties
Lower-middle 25% of properties
Least expensive 25% of properties
Quartile Median Price Lot Size Beds Baths Age Inventory New Absorbed DOMSq. Ft.
Pickford Escrow and The Escrow Firm
No change Strong upward trend Strong downward trend
Slight upward trend Slight downward trend
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Single Family Homes
Median Lot Size
19.9
Percent Relisted (reset DOM)
1892
2.5
4 %
Median Number of Bathrooms
141
Median List Price
Average Days on Market (DOM)$ 290
Percent Flip (price increased)
8,001 - 10,000 sqftMedian House Size (sq ft)
$ 562,500
37 %
3.0
Market Action Index
Median Number of Bedrooms
Asking Price Per Square Foot
12 %Percent of Properties with Price Decrease
Strong Buyer's
+
+
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ttom/Fourth
Lower/Third
pper/Second
Top/First
This Week
Supply and Demand
Real-Time Market Profile Trend
Price
Price Tr
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
7-Day Rolling Average 90-Day Rolling Average Buyer/Seller Cutoff
7-Day Rolling Average 90-Day Rolling Average