8. What did we find?
Currently 117 Active Listings in 92128
38 homes under $500,000
58 homes between $500,001-$750,000
15 homes $750,000 - $1,000,000
6 homes over $1,000,000 +
Currently 65 Pending Listings in 92128
30 homes under $500,000
32 homes from $500,000 - $750,000
2 homes from $750,000-$1,000,000
1 home $1,000,000 +
9. More Important Information
Past 6 Months Review of Sales in 92128
April 24 Sales in 92128 Zero Sales over $700,000
March 28 Sales in 92128 Zero Sales over $700,000
Feb 23 Sales in 92128 1 Sale $700,000 +
Jan 30 Sales in 92128 2 Sales $700,000 +
Dec 15 Sales in 92128 1 Sales $700,000 +
Nov 2 Sales in 92128 0 Sales $700,000 +
Total Sales over $700,000 in past six months is 4
Or a .66% (4 sales/6 months) chance of
being sold each month
13. Printed Report
Average Sale
Price of Sold &
Pending
250 + 263 =513
Divide by 2 =
Average $256 per
square foot
X 2841 sq feet =
$728,716
14. We Will Wait for the market to
come back
Most Economists are saying we are going to see a
similar market to what we currently have for the next
12 to 18 months (if no major economic issues
change for the good or bad) so if we are declining
on average 1.9% per month for your area if you
waited 12 months (use the conservative number)
12 x 1.09 = 22.8 % meaning your home could be
worth 22.8% less one year from now or $562,568
If things change in one year and we start to rebound
how long will it take you to get back to where you are
today? Lets see…………
15. Market Come Back
Starting Price in 2010 $562,568
2% increase 573,820
2010
4% increase 596,772
2011
8 % increase 644,514
2011
8 % increase 696,075
2012
8 % increase 751,761
2013
It would take until 2013 for the value to be back to
where we are right now and that is IF we come back
with our average of 8% increase per year
16. We Will Try it On Our Own For A
Little While See if We Can Save The
Commission
Even Waiting one Month could cost you
$13,845
