Saugus California real estate housing market
 

Saugus California real estate housing market

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Saugus California real estate housing market Saugus California real estate housing market Document Transcript

  • Monday September 1, 2014 Paris911 Intel Reports SAUGUS, CA Executive Summary This Week 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 $ 799,000 4.0 Single Family Homes Asking Price Per Square Foot Median Lot Size 0 % Median Number of Bedrooms No change Strong upward trend Strong downward trend ±+ == ≠≠ = ≠ 2781 8 0 0 Slight upward trend Slight downward trend 2.5 32 10 3.5 1 84 3.5 2 24 0 0 0.25 - 0.50 acre 22 $ 477,450 1 2 4.0 6,501 - 8,000 sqft 2.0 0 1545 5.0 - 10 acres 1 $ 417,000 4.0 21 0.25 - 0.50 $ 589,900 acre 9 0 2750 Price trends continued their recent uptrend this week. While still below the market's price high-point, we've seen a nice run recently. The market has not shown strong directional trends in terms of supply and demand. However, inventory is sufficiently low to keep us in the Seller's Market zone and prices have been moving upward as evidence. 1 1677 2.5 The median list price in SAUGUS, CA this week is $477,450. 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 48.7 Percent Relisted (reset DOM) 1720 2.5 Median Number of Bathrooms 29 Median List Price Average Days on Market (DOM) $ 284 Percent Flip (price increased) 0.25 - 0.50 acre Median House Size (sq ft) $ 477,450 33 % 4.0 Market Action Index 0 % Percent of Properties with Price Decrease Strong Seller's == == ≠ ±+ 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