Monthly Market Watch for March offered by Ti Cason-Davis

17
March 2016 Monthly Market Watch San Diego North Inland Area

Transcript of Monthly Market Watch for March offered by Ti Cason-Davis

Page 1: Monthly Market Watch for March offered by Ti Cason-Davis

March 2016

Monthly Market Watch

San Diego North Inland Area

Page 2: Monthly Market Watch for March offered by Ti Cason-Davis

Report Overview This report includes MLS data for all residential home sold in the San Diego North Inland area including zip codes 92126, 92127, 92128, 92129, 92131 and 92064 which include the communities of Rancho Bernardo, Carmel Mountain Ranch, Sabre Springs, 4S Ranch, Torrey Highlands, Del Sur, Santa Luz, Rancho Penasquitos, Scripps Ranch, Poway, and Mira Mesa as provided by our Multiple Listing Service(MLS) system. All information is deemed reliable but not guaranteed.

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Report Overview This report includes the following MLS data:

Number of Homes Sold Compare Regular Sales, Short Sales, and REO Sales Median Sales Price of Homes Sold Sold Price per Square Foot Average Days on Market of Homes Sold Active Residential Listings(Inventory) Months of Residential Inventory 30-Year Fixed Interest Rate National Statistics and Trends(4Q2015)

Page 4: Monthly Market Watch for March offered by Ti Cason-Davis

Total Number of Homes SOLD in The San Diego North Inland Area

JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC2014 237 229 318 405 374 404 371 351 325 338 265 3482015 198 263 321 430 417 460 437 390 357 298 229 3202016 206 236

0

50

100

150

200

250

300

350

400

450

500

UN

ITS

SOLD

Source: Sandicor MLS. All Inventory Information deemed reliable but not guaranteed

Page 5: Monthly Market Watch for March offered by Ti Cason-Davis

REO, Short, and Regular Homes Sold in The San Diego North Inland Area

4Q12 1Q13 2Q13 3Q13 4Q13 1Q14 2Q14 3Q14 4Q14 1Q15 2Q15 3Q15 4Q15Regular Sales 707 602 1008 1212 869 694 1088 986 895 729 1233 1143 Apr-02Short Sales 300 196 156 93 68 51 32 32 23 27 31 29 23REO Sales 83 54 40 16 17 23 21 10 8 16 7 9 4

0200400600800

100012001400

Hom

es S

old

Quarterly View

Source: Sandicor MLS. All Inventory Information deemed reliable but not guaranteed

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Average Sales Price of Homes Sold in The San Diego North Inland Area

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec2014 $541,000 $548,000 $596,000 $607,000 $594,000 $630,000 $592,000 $625,000 $648,000 $615,000 $584,000 $639,0002015 $575,000 $662,000 $627,000 $642,000 $636,000 $658,000 $632,000 $635,000 $604,000 $601,000 $632,000 $622,0002016 $630,000 $614,000

$350,000

$400,000

$450,000

$500,000

$550,000

$600,000

$650,000

$700,000

Aver

age

Sale

s Pric

e

Source: Sandicor MLS. All Inventory Information deemed reliable but not guaranteed

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Sold Price per Square Foot in The San Diego North Inland Area

JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC2014 296 307 305 311 312 317 311 318 312 315 312 3122015 313 314 316 323 324 329 330 326 327 323 328 3262016 322 336

240

260

280

300

320

340

360

$/Sq

uare

Foo

t Source: Sandicor MLS. All Inventory

Information deemed reliable but not guaranteed

Page 8: Monthly Market Watch for March offered by Ti Cason-Davis
Page 9: Monthly Market Watch for March offered by Ti Cason-Davis

Total Number of Homes SOLD in The San Diego North Inland Area

JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC2014 237 229 318 405 374 404 371 351 325 338 265 3482015 198 263 321 430 417 460 437 390 357 298 229 3202016 206 236

0

50

100

150

200

250

300

350

400

450

500

UN

ITS

SOLD

Source: Sandicor MLS. All Inventory Information deemed reliable but not guaranteed

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Average Days on Market of Homes Sold in The San Diego North Inland Area

JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC2014 48 39 47 39 35 34 38 38 41 41 43 482015 46 49 41 36 29 31 29 32 34 39 38 412016 44 44

0

10

20

30

40

50

60

Days

on

The

Mar

ket

Source: Sandicor MLS. All Inventory Information deemed reliable but not guaranteed

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Active Residential Listings(Inventory) in The San Diego North Inland Area

JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC2014 512 480 556 600 695 776 929 936 877 843 673 5332015 526 538 563 631 635 692 766 762 731 666 569 4372016 448 481

0

100

200

300

400

500

600

700

800

900

1000

Hom

es F

or S

ale

Source: Sandicor MLS. All Inventory Information deemed reliable but not guaranteed

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Months of Residential Inventory in The San Diego North Inland Area

JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC2014 2.16 2.1 1.75 1.48 1.86 1.92 2.5 2.67 2.7 2.49 2.54 1.532015 2.66 2.05 1.75 1.47 1.52 1.5 1.75 1.95 2.05 2.23 2.48 1.322016 2.17 2.04

0

0.5

1

1.5

2

2.5

3

3.5

Mon

ths o

f Inv

ento

ry Source: Sandicor MLS. All Inventory

Information deemed reliable but not guaranteed

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30-Year Fixed Interest Rate(%)

JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC2014 4.43 4.3 4.34 4.34 4.19 4.18 4.13 4.12 4.16 4.04 4 3.862015 3.67 3.71 3.77 3.67 3.84 3.98 4.05 3.91 3.89 3.8 3.94 3.962016 3.88 3.66 3.64

3.003.203.403.603.804.004.204.404.604.805.005.205.405.605.806.00

Perc

ent

Source: Federal Home Loan Corporation (Freddie Mac)

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Page 15: Monthly Market Watch for March offered by Ti Cason-Davis

Keller Williams Realty vs. Sandicor MLS Totals Change in Year over Year Statistics

Rolling 12 Months, February 29th 2016/2015

SD County 2016 vs. 2015

KW SDNI 2016 vs. 2015

KW SDNI vs. SD MLS

Realtor Count 1.9% 22.8% 21.0% Listings Taken Units 0.3% 6.4% 6.1% Listings Taken Volume 7.7% 23.0% 15.2% Listings Sold Units 8.6% 12.8% 4.3% Listings Sold Volume 12.9% 26.1% 13.2% Contracts Written Units 9.3% 7.0% -2.3% Contracts Written Volume 13.7% 18.9% 5.2% Contracts Closed Units 8.6% 8.8% 0.2% Contracts Closed Volume 12.9% 19.3% 6.4%

Source: Sandicor MLS. All Inventory Information deemed reliable but not guaranteed Sandicor MLS totals taken from respective residential search results for all of San Diego County

Keller Williams Realty (KWR) totals account for all respective business conducted by KWR San Diego North Inland

Page 16: Monthly Market Watch for March offered by Ti Cason-Davis

Keller Williams Realty vs. Sandicor MLS Totals Change in Year over Year Statistics

Rolling 12 Months, February 29th 2016/2015

Source: Sandicor MLS, All Inventory Information deemed reliable but not guaranteed. Sandicor MLS totals taken from respective residential search results for all of San Diego County, Keller Williams Realty (KWR) totals account for all respective business conducted by KWR San Diego North Inland.

-5%

0%

5%

10%

15%

20%

25%

30%

RealtorCount

ListingsTakenUnits

ListingsTaken

Volume

ListingsSold Units

ListingsSold

Volume

ContractsWrittenUnits

ContractsWrittenVolume

ContractsClosedUnits

ContractsClosedVolume

1.9% 0.3%

7.7% 8.6%

12.9%

9.3%

13.7%

8.6%

12.9%

22.8%

6.4%

23.0%

12.8%

26.1%

7.0%

18.9%

8.8%

19.3% 21.0%

6.1%

15.2%

4.3%

13.2%

-2.3%

5.2%

0.2%

6.4%

Realtor Count Listings TakenUnits

Listings TakenVolume

Listings SoldUnits

Listings SoldVolume

ContractsWritten Units

ContractsWritten Volume

ContractsClosed Units

ContractsClosed Volume

Region 1.9% 0.3% 7.7% 8.6% 12.9% 9.3% 13.7% 8.6% 12.9%KW 22.8% 6.4% 23.0% 12.8% 26.1% 7.0% 18.9% 8.8% 19.3%KW Difference 21.0% 6.1% 15.2% 4.3% 13.2% -2.3% 5.2% 0.2% 6.4%

Page 17: Monthly Market Watch for March offered by Ti Cason-Davis

Top Five Inland Corridor Brokers Homes Sold, Market Share Comparison (Volume)

Rolling 12 Months, February 29th 2016

Source: BrokerMetrics - All Inventory Information deemed reliable but not guaranteed Brokerage totals account for all residential sales closed within San Diego County by each listed broker office

35.40%

21.35%

19.00%

13.74%

10.52%

Keller Williams Realty13400 Sabre Springs PkwySan Diego, CA 9212835.40% Mkt Share871 Units$532,810,476 Volume

Coldwell Banker16363 Bernardo Center DrSan Diego, CA 9212821.35% Mkt Share542 Units$321,408,649 Volume

Windemere16783 Bernardo Center DrSan Diego, CA 9212819.00% Mkt Share471 Units$285,921,984 Volume

RE/MAX16787 Bernardo Center Dr #6San Diego, CA 9212813.74% Mkt Share368 Units$206,753,400 Volume

Berkshire Hathaway16969 Bernardo Center DrSan Diego, CA 9212810.52% Mkt Share251 Units$158,337,184 Volume