santa clarita housing market reports 2014-342

17 03312

872.5 35

3.0

0

168

4.0 13

99

0

0

5.0 - 10acres

25

$ 495,000

0

0

13

3.0

2.5 - 5.0acres

23.0

1680 2.5 - 5.0acres

13

$ 329,900

4.0

138

1.0 - 2.5acres$ 599,999

4.0$ 767,000

10

0

2645

The market appears to be hovering around this plateau. Look fora persistent change in the Market Action Index before we seeprices deviate from these levels.

Home sales have begun exceeding new inventory. This is a Buyer'smarket so prices are not yet moving higher as excess inventory isconsumed. If the tightening continues and the market moves intothe Seller's zone, we may see upward pressure on pricing.

The Market Action index has been trending down lately, whiledays-on-market is climbing, providing mostly bearish signs for themarket.

ACTON, CAParis911 Intel ReportsExecutive Summary

12

2224

2.0

Monday December 8, 2014

The median list price in ACTON, CA this week is $525,000.

Investigate the market in quartiles -where each quartile is 25% of homesordered 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 Lot Size Beds Baths Age Inventory New Absorbed DOMSq. Ft.

The Paris911 Team | www.Paris911.com | 661-400-1720

No change Strong upward trend Strong downward trend

Slight upward trend Slight downward trend±+ == ≠≠

≠=

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Single Family Homes

Median Lot Size

28.0

Percent Relisted (reset DOM)

2454

3.0

2 %

Median Number of Bathrooms

123

Median List Price

Average Days on Market (DOM)$ 208

Percent Flip (price increased)

2.5 - 5.0 acresMedian House Size (sq ft)

$ 525,000

43 %

4.0

Market Action Index

Median Number of Bedrooms

Asking Price Per Square Foot

27 %Percent of Properties with Price Decrease

Buyer's Advantage

±+

±+

=

=

Bottom/Fourth

Lower/Third

Upper/Second

Top/First

This Week

Supply and Demand

Real-Time Market Profile Trend

Price

Price Trends

Market Action Index

The Market Action Index answers the question "How's theMarket?" by measuring the current rate of sale versus theamount of the inventory. Index above 30 implies Seller'sMarket conditions. Below 30, conditions favor the buyer.

QuartilesCharacteristics per Quartile

7-Day Rolling Average 90-Day Rolling Average Buyer/Seller Cutoff

7-Day Rolling Average 90-Day Rolling Average

25 33708

643.0 26

3.0

3

82

4.0 28

86

1

3

1.0 - 2.5acres

44

$ 449,500

4

0

28

3.2

0.25 - 0.50acre

43.0

1400 6,501 -8,000 sqft

28

$ 386,722

4.0

193

0.25 - 0.50acre$ 535,000

5.0$ 969,500

20

6

2378


Home sales continue to outstrip supply and the Market Action Indexhas been moving higher for several weeks. This is a Seller's marketso watch for upward pricing pressure in the near future if the trendcontinues.

Inventory has been lightening lately and the Market Action Indexhas been trending up. Though days-on-market is increasing, theseare mildly positive indications for the market.

CANYON COUNTRY, CAParis911 Intel ReportsExecutive Summary

28

1855

2.0


The median list price in CANYON COUNTRY, CA this week is$499,950.










≠=


Single Family Homes

Median Lot Size

41.9


2090

3.0

9 %


106

Median List Price



0.25 - 0.50 acreMedian House Size (sq ft)

$ 499,950

49 %

4.0

Market Action Index




Seller's Advantage

±+

±+

==

==

Bottom/Fourth

Lower/Third

Upper/Second

Top/First

This Week

Supply and Demand


Price

Price Trends

Market Action Index





25 02860

552.0 13

3.0

1

52

3.0 13

56

4

2

1.0 - 2.5acres

24

$ 425,000

2

0

13

3.0

8,001 -10,000 sqft

23.0

1533 4,501 -6,500 sqft

13

$ 325,000

4.0

110

4,501 -6,500 sqft$ 565,000

4.0$ 784,999

14

1

2690

The market is hovering around this plateau. Look for a persistentchange in the Market Action Index before we see prices deviatefrom these levels.

The market has started cooling and prices have been flat for severalweeks. Since we're in the Seller's zone, watch for changes in MAI. Ifthe MAI resumes it's climb, prices will likely follow suit. If the MAIdrops consistently or falls into the Buyer's zone, watch for downwardpressure on prices.

The Market Action Index has been trending down lately, whileinventory is climbing. These trends imply a weakening market.

CASTAIC, CAParis911 Intel ReportsExecutive Summary

13

1642

2.0


The median list price in CASTAIC, CA this week is $493,450.










≠=


Single Family Homes

Median Lot Size

44.9


1892

3.0

8 %


68

Median List Price



6,501 - 8,000 sqftMedian House Size (sq ft)

$ 493,450

38 %

3.0

Market Action Index




Seller's Advantage

±+

±+

±+

≠

Bottom/Fourth

Lower/Third

Upper/Second

Top/First

This Week

Supply and Demand


Price

Price Trends

Market Action Index





26 03524

563.0 27

4.0

0

120

4.0 9

111

1

1

0.25 - 0.50acre

48

$ 545,000

1

0

9

3.8

0.25 - 0.50acre

02.5

1506 8,001 -10,000 sqft

9

$ 415,000

4.0

147

8,001 -10,000 sqft$ 649,777

4.0$ 861,000

29

1

2736

The market seems to have paused around this plateau. TheMarket Action Index is a good leading indicator for the durabilityof this trend.


The Market Action index has been trending down lately, whiledays-on-market is climbing, providing mostly bearish signs for themarket.

NEWHALL, CAParis911 Intel ReportsExecutive Summary

8

2686

2.0


The median list price in NEWHALL, CA this week is $589,000.










≠=


Single Family Homes

Median Lot Size

40.8


2686

3.0

0 %


107

Median List Price



0.25 - 0.50 acreMedian House Size (sq ft)

$ 589,000

54 %

4.0

Market Action Index




Seller's Advantage

±+

==

==

==

Bottom/Fourth

Lower/Third

Upper/Second

Top/First

This Week

Supply and Demand


Price

Price Trends

Market Action Index





0 13000

773.0 26

3.0

4

66

4.0 26

52

1

3

6,501 -8,000 sqft

30

$ 504,500

5

1

26

3.0

6,501 -8,000 sqft

13.0

1510 6,501 -8,000 sqft

26

$ 414,500

4.0

118

8,001 -10,000 sqft$ 619,000

5.0$ 722,000

10

4

2922



Inventory is tightening and days-on-market is falling. But demandas measured by the Market Action Index is also trending down. Themarket is not giving strong up or down signals from these data.

SANTA CLARITA, CAParis911 Intel ReportsExecutive Summary

25

2072

2.0


The median list price in SANTA CLARITA, CA this week is $529,900.










≠=


Single Family Homes

Median Lot Size

46.1


2212

3.0

9 %


78

Median List Price




$ 529,900

39 %

4.0

Market Action Index




Strong Seller's

±+

±+

≠

==

Bottom/Fourth

Lower/Third

Upper/Second

Top/First

This Week

Supply and Demand


Price

Price Trends

Market Action Index





11 24006

1763.0 16

4.0

0

109

4.0 8

73

0

1

8,001 -10,000 sqft

25

$ 712,250

0

0

9

4.5

8,001 -10,000 sqft

14.0

2043 6,501 -8,000 sqft

8

$ 550,000

4.5

51

6,501 -8,000 sqft$ 827,500

4.5$ 1,535,000

15

1

3398


In the last few weeks the market has achieved a relative stasis pointin terms of sales to inventory. However, inventory is sufficiently lowto keep us in the Seller's Market zone so watch changes in the MAI.If the market heats up, prices are likely to resume an upward climb.

The Market Action Index has been trending down lately, whileinventory and days-on-market are climbing. The trends imply aweakening market.

STEVENSON RANCH, CAParis911 Intel ReportsExecutive Summary

8

2850

3.0


The median list price in STEVENSON RANCH, CA this week is$749,900.










≠=


Single Family Homes

Median Lot Size

51.3


2938

3.0

3 %


101

Median List Price




$ 749,900

45 %

4.0

Market Action Index




Strong Seller's

±+

±+

=

±+

Bottom/Fourth

Lower/Third

Upper/Second

Top/First

This Week

Supply and Demand


Price

Price Trends

Market Action Index





13 03456

572.0 34

3.0

1

94

3.0 24

69

2

4

6,501 -8,000 sqft

24

$ 539,950

5

2

25

3.0

4,501 -6,500 sqft

23.0

1579 4,501 -6,500 sqft

24

$ 445,000

4.0

122

4,501 -6,500 sqft$ 644,950

4.5$ 792,444

16

4

2782


In the last few weeks the market has achieved a relative stasis pointin terms of sales to inventory. However, inventory is sufficiently lowto keep us in the Seller's Market zone so watch changes in the MAI.If the market heats up, prices are likely to resume an upward climb.

Inventory has been decreasing lately but the Market Action Index isfalling also. With days-on-market climbing, these are relativelynegative implications for the market.

VALENCIA, CAParis911 Intel ReportsExecutive Summary

24

1938

2.5


The median list price in VALENCIA, CA this week is $589,000.










≠=


Single Family Homes

Median Lot Size

46.8


2272

3.0

4 %


85

Median List Price




$ 589,000

38 %

4.0

Market Action Index




Strong Seller's

±+

±+

=

±+

Bottom/Fourth

Lower/Third

Upper/Second

Top/First

This Week

Supply and Demand


Price

Price Trends

Market Action Index





santa clarita housing market reports 2014-342

Real Estate