2016-05 County Sales & Price Public PPT
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Transcript of 2016-05 County Sales & Price Public PPT
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7/26/2019 2016-05 County Sales & Price Public PPT
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CALIFORNIA HOUSINGMARKET UPDATE
Monthly Sales and Price Statistics
May 2016
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SALES OF EXISTING DETACHED HOMES
California, May 2016 Sales: 410,090 Units, +2.2% YTD, -3.2% YTY
-
100,000
200,000
300,000
400,000
500,000
600,000
700,000
*Sales are seasonally adjusted and annualizedSERIES: Sales of Existing Single Family HomesSOURCE: CALIFORNIA ASSOCIATION OF REALTORS
May-16:410,090
May-15:423,700
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CALIFORNIA SALES(JAN 2000 PRESENT)
SERIES: Sales of Existing Single Family Homes, Not Seasonally Adjusted
SOURCE: CALIFORNIA ASSOCIATION OF REALTORS
-60%
-40%
-20%
0%
20%
40%
60%
80%
100%
120%
140%
Year-over-Year % Chg 6 per. Mov. Avg. (Year-over-Year % Chg)
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BAY AREA SALES (EXISTING SFH)
SERIES: Sales, Not Seasonally Adjusted
SOURCE: CALIFORNIA ASSOCIATION OF REALTORS
-30%
-20%
-10%
0%
10%
20%
30%
Bay Area 6 per. Mov. Avg. (Bay Area)YoY % chg.
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SOUTHERN CALIFORNIA (EXISTING SFH)
SERIES: Sales, Not Seasonally Adjusted
SOURCE: CALIFORNIA ASSOCIATION OF REALTORS
-30%
-25%
-20%
-15%
-10%
-5%
0%
5%
10%
15%
20%
25%
So CA 6 per. Mov. Avg. (So CA)YoY % chg.
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CENTRAL VALLEY SALES (EXISTING SFH)
SERIES: Sales, Not Seasonally Adjusted
SOURCE: CALIFORNIA ASSOCIATION OF REALTORS
-30%
-25%
-20%
-15%
-10%
-5%
0%
5%
10%
15%
20%
25%
Central Valley 6 per. Mov. Avg. (Central Valley)YoY % chg.
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SALES SHARE BY PRICE RANGE
10%
16% 16%14%
21%
10% 10%
3%
12%
17% 16%14%
19%
9% 9%
3%
0%
10%
20%
30%
May-16 May-15
SERIES: Sales of Existing Detached Homes
SOURCE: CALIFORNIA ASSOCIATION OF REALTORS
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MEDIAN PRICE OF EXISTING DETACHED HOMES
California, May 2016: $518,760, +1.8% MTM, +6.3% YTY
$-
$100,000
$200,000
$300,000
$400,000
$500,000
$600,000
$700,000 P: May-07
$594,530
T: Feb-09$245,230-59% from
peak
SERIES: Median Price of Existing Single Family Homes
SOURCE: CALIFORNIA ASSOCIATION OF REALTORS
May-16:$518,760
May-15:$487,960
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-50%
-40%
-30%
-20%
-10%
0%
10%20%
30%
40%
50% Condo Single-Family Homes
HOME PRICE APPRECIATIONS HAVEMODERATED SINCE MID 2013
SERIES: Sales of SFH and Condo Units
SOURCE: CALIFORNIA ASSOCIATION OF REALTORS
YTY% Chg. in Price
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CA MEDIAN PRICE (EXISTING SFH)
SERIES: Median Price, Not Seasonally Adjusted
SOURCE: CALIFORNIA ASSOCIATION OF REALTORS
-15%
-10%
-5%
0%
5%
10%
15%
Month-to-Month % Chg
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PRICE PER SQUARE FOOT
May 2016: $249, Up 2.3% MTM, Up 6.8% YTY
$0
$50
$100
$150
$200
$250
$300
$350
$400PRICE PERSQ.FT.
SERIES: Median Price Per Square Feet
SOURCE: CALIFORNIA ASSOCIATION OF REALTORS
May-16:$249
May-15:$238
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SALES PRICE -TO-LIST PRICE RATIO
May 2016: 99.7%, Up 0.4% MTM, Up 0.7% YTY
86%
88%
90%
92%
94%
96%
98%
100%
Sales-to-List Price Ratio
SERIES: Sales-to-List Ratio
SOURCE: CALIFORNIA ASSOCIATION OF REALTORS
May-16:99.7%May-15:
99.0%
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UII DOWN FROM LAST YEARAS ACTIVE LISTINGS DECLINED
May 2015: 3.5 Months; May 2016: 3.4 Months
Note: Unsold Inventory Index represents the number of months it would take to sell the remaining inventory for the month inquestion. The remaining inventory for the month is defined as the number of properties that were Active, Pending, andContingent (when available) and divide the sum by the number of Sold properties for the month in question.
0.0
2.0
4.0
6.0
8.0
10.012.0
14.0
16.0
18.0
SERIES: Unsold Inventory Index of Existing Single Family Homes
SOURCE: CALIFORNIA ASSOCIATION OF REALTORS
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INVENTORY DROPPED SIGNIFICANTLYIN THE BAY AREA SINCE 2009
Note: Unsold Inventory Index represents the number of months it would take to sell the remaining inventory for the month inquestion. The remaining inventory for the month is defined as the number of properties that were Active, Pending, andContingent (when available) and divide the sum by the number of Sold properties for the month in question.
2.4
3.7
3.4
0.0
1.0
2.0
3.0
4.0
5.0
6.0
7.0
8.0
9.0 Bay Area So CA Central Valley
SERIES: Unsold Inventory Index of Existing Single Family Homes
SOURCE: CALIFORNIA ASSOCIATION OF REALTORS
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SUPPLY DROPPED IN SO CA AND CENTRALVALLEY, BUT UP IN THE BAY AREA
-5%
2% 3%
9%
-3%
-12%
-20%
-10%
0%
10%
San Francisco Bay Area Southern California Central Valley
Sales Active ListingsYear-to-Year%Ch
SOURCE: CALIFORNIA ASSOCIATION OF REALTORS
May 2016