santa clarita home market update march 5, 2015

14 03624

1132.0 31

3.0

1

158

3.0 13

99

1

0

2.5 - 5.0acres

38

$ 449,900

2

0

14

4.0

2.5 - 5.0acres

42.5

1278 1.0 - 2.5acres

13

$ 259,900

4.0

191

1.0 - 2.5acres$ 579,950

4.0$ 730,000

15

0

2686

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

The Market Action Index has been trending lower for several weekswhile prices have remained relatively stable. If inventory continuesto grow relative to demand however, it is likely that we will seedownward pressure on pricing.

Inventory has been tightening and days-on-market increasingrecently. The Market Action Index has been basically flat, notproviding strong indication for market conditions.

ACTON, CAParis911 Intel ReportsExecutive Summary

13

1836

2.0

Monday March 2, 2015

The median list price in ACTON, CA this week is $489,000.

Investigate the market in quartiles -where each quartile is 25% of homesordered 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.

The Paris911 Team | www.Paris911.com | 661-400-1720

No change Strong upward trend Strong downward trend

Slight upward trend Slight downward trend±+ == ≠≠

≠=

Powered by Altos Research LLC | www.altosresearch.com | Copyright ©2005-2014 Altos Research LLC

Single Family Homes

Median Lot Size

26.1

Percent Relisted (reset DOM)

2252

2.0

4 %

Median Number of Bathrooms

139

Median List Price

Average Days on Market (DOM)$ 210

Percent Flip (price increased)

2.5 - 5.0 acresMedian House Size (sq ft)

$ 489,000

38 %

3.0

Market Action Index

Median Number of Bedrooms

Asking Price Per Square Foot

25 %Percent of Properties with Price Decrease

Buyer's Advantage

±+

=

==

≠≠

Bottom/Fourth

Lower/Third

Upper/Second

Top/First

This Week

Supply and Demand

Real-Time Market Profile Trend

Price

Price Trends

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

26 14016

843.0 28

3.0

2

83

3.0 25

59

6

5

1.0 - 2.5acres

45

$ 469,999

6

1

25

4.0

8,001 -10,000 sqft

43.0

1374 6,501 -8,000 sqft

25

$ 385,000

4.0

141

8,001 -10,000 sqft$ 633,924

5.0$ 1,282,000

12

5

3105

The market appears to be hovering around this plateau. Look fora persistent change in the Market Action Index before we seeprices deviate from these levels.

While the Market Action Index shows some strengthening in the lastfew weeks, prices have not seemed to move from their plateau.Should the upward trend in sales relative to inventory continue,expect prices to resume an upward climb in tandem with the MAI.

Inventory is tightening and days-on-market is falling. The MarketAction Index shows demand heating up. These are relatively bullishsigns for prices.

CANYON COUNTRY, CAParis911 Intel ReportsExecutive Summary

24

1902

2.0


The median list price in CANYON COUNTRY, CA this week is$558,000.










≠=


Single Family Homes

Median Lot Size

43.1


2419

3.0

5 %


91

Median List Price



0.25 - 0.50 acreMedian House Size (sq ft)

$ 558,000

22 %

4.0

Market Action Index




Seller's Advantage

±+

±+

≠≠

=

Bottom/Fourth

Lower/Third

Upper/Second

Top/First

This Week

Supply and Demand


Price

Price Trends

Market Action Index





26 63121

622.0 29

3.0

5

54

3.0 14

64

3

6

1.0 - 2.5acres

28

$ 399,950

4

2

14

3.0

8,001 -10,000 sqft

23.0

1338 4,501 -6,500 sqft

14

$ 352,450

4.0

156

4,501 -6,500 sqft$ 509,450

4.0$ 749,000

14

4

2145

Despite this week's down tic, the market seems to have pausedaround this plateau. The Market Action Index is a good leadingindicator for the durability of this shift.

While the Market Action Index shows some strengthening in the lastfew weeks, prices have settled in a bit of a plateau. We currently ina Seller's market so prices will likely resume their climb should thistrend persist.

The Market Action Index has been climbing lately while days-on-market are trending down, these point to a positive near-termoutlook for the market.

CASTAIC, CAParis911 Intel ReportsExecutive Summary

13

1467

2.0


The median list price in CASTAIC, CA this week is $425,000.










≠=


Single Family Homes

Median Lot Size

44.5


1861

2.5

5 %


83

Median List Price



6,501 - 8,000 sqftMedian House Size (sq ft)

$ 425,000

25 %

3.0

Market Action Index




Seller's Advantage

±+

==

≠

=

Bottom/Fourth

Lower/Third

Upper/Second

Top/First

This Week

Supply and Demand


Price

Price Trends

Market Action Index





28 03636

803.0 30

4.0

1

82

4.0 11

76

2

3

0.50 - 1.0acre

49

$ 579,000

1

0

11

3.0

8,001 -10,000 sqft

03.0

1824 6,501 -8,000 sqft

11

$ 469,999

4.0

104

8,001 -10,000 sqft$ 680,000

4.0$ 974,000

30

3

2824

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

The market has been cooling over time and prices have recentlyflattened. Despite the consistent decrease in Market Action Index(MAI), we're in a Seller's Market (where significant demand leaveslittle inventory available). If the MAI begins to climb, prices willlikely follow suit. If the MAI drops consistently or falls into theBuyer's zone, watch for downward pressure on prices.

With inventory trending up but days-on-market trending down andthe Market Action Index essentially flat recently, conditions do notseem to have strong up or down pull.

NEWHALL, CAParis911 Intel ReportsExecutive Summary

10

2686

3.0


The median list price in NEWHALL, CA this week is $599,000.










≠=


Single Family Homes

Median Lot Size

36.6


2686

3.0

0 %


85

Median List Price




$ 599,000

35 %

4.0

Market Action Index




Seller's Advantage

±+

≠

≠≠

≠≠

Bottom/Fourth

Lower/Third

Upper/Second

Top/First

This Week

Supply and Demand


Price

Price Trends

Market Action Index





11 13246

813.0 24

3.0

2

68

4.0 30

57

4

5

6,501 -8,000 sqft

47

$ 519,950

6

4

30

3.5

6,501 -8,000 sqft

53.0

1504 6,501 -8,000 sqft

30

$ 407,000

4.0

132

8,001 -10,000 sqft$ 609,500

5.0$ 754,550

14

5

2701

The market is hovering around this plateau. Look for a persistentchange in the Market Action Index before we see prices deviatefrom these levels.

The market has been cooling over time and prices plateaued for awhile. Despite the consistent decrease in MAI, we're in the Seller'szone. Watch for changes in MAI. If the MAI resumes it's climb, priceswill likely follow suit. If the MAI drops consistently or falls into theBuyer's zone, watch for downward pressure on prices.

Demand measured by the Market Action Index is increasing anddays-on-market is trending downward. Even as more propertiescome available, these are positive trends for the market.

SANTA CLARITA, CAParis911 Intel ReportsExecutive Summary

30

2164

2.0


The median list price in SANTA CLARITA, CA this week is $549,500.










≠=


Single Family Homes

Median Lot Size

36.3


2266

3.0

11 %


84

Median List Price




$ 549,500

22 %

4.0

Market Action Index




Seller's Advantage

±+

=

≠

≠≠

Bottom/Fourth

Lower/Third

Upper/Second

Top/First

This Week

Supply and Demand


Price

Price Trends

Market Action Index





10 06446

863.0 14

4.0

3

46

5.0 8

68

0

2

0.25 - 0.50acre

22

$ 799,900

1

0

8

6.0

6,501 -8,000 sqft

04.0

2684 0.25 - 0.50acre

8

$ 643,500

4.5

109

6,501 -8,000 sqft$ 1,047,488

5.0$ 2,649,900

12

2

3432

Prices are climbing and we're nearing the market's all time high.A persistent drop of the Market Action Index into the Buyer'szone will be a leading indicator of the price strength subsiding.

Market conditions have been consistently cooling in the past severalweeks. Because we're still in the Seller's zone, prices have not yetbegun to drop. It may take a few more weeks of slack demand forprices to reflect and begin to fall. Expect prices to fall if the indexpersistently falls to the Buyer's zone.

The Market Action Index has been climbing lately while days-on-market are trending down, these point to a positive near-termoutlook for the market.

STEVENSON RANCH, CAParis911 Intel ReportsExecutive Summary

7

2865

2.8


The median list price in STEVENSON RANCH, CA this week is$925,000.










≠=


Single Family Homes

Median Lot Size

36.7


3379

4.0

3 %


76

Median List Price




$ 925,000

26 %

4.0

Market Action Index




Seller's Advantage

==

==

≠≠

≠≠

Bottom/Fourth

Lower/Third

Upper/Second

Top/First

This Week

Supply and Demand


Price

Price Trends

Market Action Index





15 13482

652.0 34

3.0

6

62

4.0 19

58

2

9

6,501 -8,000 sqft

33

$ 550,000

3

3

19

3.8

4,501 -6,500 sqft

23.0

1529 4,501 -6,500 sqft

18

$ 445,000

4.0

116

4,501 -6,500 sqft$ 655,000

5.0$ 836,900

17

6

2842

The market appears to be hovering around this plateau. Look fora persistent change in the Market Action Index before we seeprices deviate from these levels.

Home sales continue to outstrip supply and the Market Action Indexhas been moving higher for several weeks. This is a Seller's marketso watch for upward pricing pressure in the near future if the trendcontinues.

Inventory is tightening and days-on-market is falling. The MarketAction Index shows demand heating up. These are relatively bullishsigns for prices.

VALENCIA, CAParis911 Intel ReportsExecutive Summary

18

2012

2.0


The median list price in VALENCIA, CA this week is $599,000.










≠=


Single Family Homes

Median Lot Size

51.6


2364

3.0

4 %


75

Median List Price




$ 599,000

22 %

4.0

Market Action Index




Strong Seller's

±+

=

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==

Bottom/Fourth

Lower/Third

Upper/Second

Top/First

This Week

Supply and Demand


Price

Price Trends

Market Action Index





santa clarita home market update march 5, 2015

Real Estate