Stevenson Ranch real estate and home update by Paris911 REMAX
 

Stevenson Ranch real estate and home update by Paris911 REMAX

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http://paris911.com/default.asp.pg-CustomSantaClaritaMarketReportRequestform

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Stevenson Ranch real estate and home update by Paris911 REMAX Stevenson Ranch real estate and home update by Paris911 REMAX Document Transcript

  • Monday September 1, 2014 STEVENSON RANCH, CA Paris911 Intel Reports Executive Summary This Week The median list price in STEVENSON RANCH, CA this week is $369,250. Inventory is up and Market Action is trending down recently. While days-on-market appears to be trending lower, the overall conditions are weakening a bit. Supply and Demand $ 529,995 3.0 Condos - Townhomes 0 % Asking Price Per Square Foot Median Number of Bedrooms No change Strong upward trend Strong downward trend ±+ == ≠≠ = ≠ 1979 8 0 2.5 0 2.0 0 Slight upward trend Slight downward trend 2.5 24 155 2.0 1 49 3.0 5 27 0 1 24 $ 364,900 1 5 964 4 $ 319,950 2.0 40 $ 414,900 10 0 1576 The market is hovering around this plateau. Look for a persistent change in the Market Action Index before we see prices deviate from these levels. The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we're in the Seller's zone. Watch for changes in MAI. If the MAI resumes it's climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer's zone, watch for downward pressure on prices. 4 1459 2.0 Investigate the market in quartiles - where each quartile is 25% of homes ordered 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 Square Feet Beds Baths Age Inventory New Absorbed DOM The Paris911 Team | www.Paris911.com | 661-400-1720 Powered by Altos Research LLC | www.altosresearch.com | Copyright ©2005-2014 Altos Research LLC 41.9 Percent Relisted (reset DOM) 1474 2.0 Median Number of Bathrooms 70 Median List Price Average Days on Market (DOM) $ 275 Percent Flip (price increased) Median House Size (sq ft) $ 369,250 50 % 2.5 Market Action Index 11 % Percent of Properties with Price Decrease Seller's Advantage ±+ ±+ ≠≠ ≠≠ Top/First Upper/Second Lower/Third Bottom/Fourth Real-Time Market Profile Trend Price Price Trends Market Action Index 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 Seller's Market conditions. Below 30, conditions favor the buyer. Quartiles Characteristics per Quartile 7-Day Rolling Average 90-Day Rolling Average Buyer/Seller Cutoff 7-Day Rolling Average 90-Day Rolling Average