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Stevenson Ranch California Homes and real estate housing report by Paris911 at REMAX

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

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

Published in: Real Estate

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  • 1. Monday September 1, 2014 Paris911 Intel Reports STEVENSON RANCH, CA Executive Summary This Week The median list price in STEVENSON RANCH, CA this week is $799,000. Inventory has been decreasing lately but the Market Action Index is falling also. With days-on-market climbing, these are relatively negative implications for the market. Supply and Demand $ 1,550,000 5.0 Single Family Homes Asking Price Per Square Foot Median Lot Size 6 % Median Number of Bedrooms No change Strong upward trend Strong downward trend ±+ == ≠≠ = ≠ 4366 10 0 2 Slight upward trend Slight downward trend 3.0 13 59 4.0 0 86 4.0 13 137 2 1 0.25 - 0.50 acre 17 $ 739,900 4 13 5.0 6,501 - 8,000 sqft 4.0 2 2215 8,001 - 10,000 sqft 13 $ 629,900 5.0 80 6,501 - $ 875,000 8,000 sqft 11 1 3415 Prices appear to be hovering around their high point. Look for a persistent down-shift in the Market Action Index before we see prices deviate from these levels. While the Market Action Index shows some strengthening in the last few 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. 12 3071 3.0 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 Sq. Ft. Lot Size 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 40.2 Percent Relisted (reset DOM) 3282 3.0 Median Number of Bathrooms 91 Median List Price Average Days on Market (DOM) $ 268 Percent Flip (price increased) 8,001 - 10,000 sqft Median House Size (sq ft) $ 799,000 41 % 4.0 Market Action Index 12 % 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