Successfully reported this slideshow.
We use your LinkedIn profile and activity data to personalize ads and to show you more relevant ads. You can change your ad preferences anytime.

jun2010 dorothys market update

431 views

Published on

This shows graphs of the market conditions in Merced County. It includes data for the past one year and the past 2 years in such categories as medan sold price, average days on market, new listings, etc

Published in: Business, Technology
  • Be the first to comment

  • Be the first to like this

jun2010 dorothys market update

  1. 1. Coldwell Banker Gonella RealtyDorothy KieltyMarket Update<br />June, 2010<br />
  2. 2. Median Sold Price by MonthMay-09 vs. May-10: The median sold price is up 23%<br />
  3. 3. Median Sold Price by MonthMay-08 vs. May-10: The median sold price is down 21%<br />
  4. 4. The Average Days on Market by MonthMay-09 vs. May-10: The average days on market is down 26%<br />
  5. 5. The Average Days on Market by MonthMay-08 vs. May-10: The average days on market is down 39%<br />
  6. 6. The number of For Sale Properties by MonthMay-09 vs. May-10: The number of for sale properties is down 32%<br />
  7. 7. The number of For Sale Properties by MonthMay-08 vs. May-10: The number of for sale properties is down 62%<br />
  8. 8. The Number of Sold Properties by MonthMay-09 vs. May-10 The number of sold properties is down by 36%<br />
  9. 9. The Number of Sold Properties by MonthMay-08 vs. May-10 The number of sold properties is down by 5%<br />
  10. 10. The Number of Under Contract Properties by MonthMay-09 vs. May-10 The number of under contract properties is down 9%<br />
  11. 11. The Number of Under Contract Properties by MonthMay-08 vs. May-10 The number of under contract properties is up by 12%<br />
  12. 12. The Number of New Properties Listed by MonthMay-09 vs. May-10 The number of new properties is down 6%<br />
  13. 13. The Number of New Properties Listed by MonthMay-08 vs. May-10 The number of new properties is down 37%<br />
  14. 14. Months Supply of InventoryMay-09 vs. May-10: The average months supply of inventory is down 35%<br />
  15. 15. Months Supply of InventoryMay-08 vs. May-10: The average months supply of inventory is down 75%<br />
  16. 16. Median For Sale vs. Median SoldMar-09 vs. Mar-10:The median price of for sale properties is up 9%. The median price of sold properties is up 5%<br />
  17. 17. Median For Sale vs. Median SoldApr-09 vs. Apr-10:The median price of for sale properties is up 9%. The median price of sold properties is up 8%<br />
  18. 18. Median For Sale vs. Median SoldMay-09 vs. May-10:The median price of for sale properties is up 0%. The median price of sold properties is up 23%<br />
  19. 19. Market Trends – San Joaquin / Stanislaus / Merced Counties<br />
  20. 20. Market Trends – San Joaquin / Stanislaus / Merced Counties<br />
  21. 21. California Housing Market<br />Source: California Association of REALTORS<br />
  22. 22. California Housing Market<br />Multiple offers also led to home sales with the final sales price exceeding the list price in more instances. <br />Source: California Association of REALTORS<br />
  23. 23. California Housing Market<br />Source: California Association of REALTORS<br />
  24. 24. Most are Married<br />49% are a married couple. Single females comprise a quarter of first-time buyers, and single males account for just 12%.<br />They’re Young<br />More than 1/2 – 53% – are between the ages of 24 and 34. And 12% are younger than 24.<br />First-Time Buyers Research<br />Source: National Association of REALTORS 2009 Profile of Home Buyers and Sellers.<br />
  25. 25. They’re Diverse<br />22% are part of a minority group, compared with 13% of repeat buyers. 6% speak a language other than English , and 12% were not born in the United States<br />First-Time Buyers Research<br />Source: National Association of REALTORS 2009 Profile of Home Buyers and Sellers.<br />
  26. 26. They Take Their Time<br />First-time buyers take an average of 12 weeks to find their home, compared to 10 weeks for repeat buyers. <br />They’re Not Afraid of Foreclosures<br />11% of first-time buyers bought a home in foreclosure, and 56% considered it. Only 9% of repeat buyers bought a foreclosure, and just 41% considered it. <br />First-Time Buyers Research<br />Source: National Association of REALTORS 2009 Profile of Home Buyers and Sellers.<br />
  27. 27. NODs & Trustees Deeds Filed in California<br />2005 - 2009<br />No. of Defaults or TDs<br />Source: DataQuick Information Systems<br />
  28. 28. CA Mortgage Foreclosure & Delinquency Rates<br />California: Q3-2009, NSA<br />Delinquencies: Long Run Average: 4.1%<br />Foreclosure Rate: Long Run Average: 1.0%<br />SOURCE: Mortgage Bankers Association<br />
  29. 29. CaliforniaSubprime & Alt A Loans<br />As of May 2009<br />SOURCE: FirstAmerican CoreLogic, LoanPerformance Data, U.S. Census Bureau, and Federal Reserve Bank of New York, compiled by C.A.R.<br />
  30. 30.
  31. 31. I hope you find this information valuable.<br />Dorothy Kielty<br />Coldwell Banker, Gonella Realty<br />701 W Olive. Ave<br />Merced, CA 95348<br />Cell: 209-489-0621<br />Dkielty@GonellaRealty.com<br />www.DorothySellsMerced.com<br />Dorothy Kielty cell 209 489-0621 <br />

×