7/31/2019 San Diego, CA 92126 Market Conditions

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Brian Ward Appraisal - (888) 844-1733 - www.brianward.com

Annual Home Value Change

Current Home Inventory (30 Days)

Median Marketing Time (30 Days)

Sales Price to List Price Ratio (6 Months)

0-6 Mo. Ago 6-12 Mo. Ago Bi-Annual Change %

Median $/Sqft $238.81 $245.70 -2.8%

Median Sale Price $349,000 $365,000 -4.4%

Median List $/Sqft $244.13 $253.17 -3.6%

Median List Price $354,000 $369,900 -4.3%

Median Marketing Times (# of days) 48 45 6.7%

Total Number of Sales 219 209 4.8%

Total # Of Active Properties 410 493 -16.8%

Months of Inventory 1.9 2.4 -20.6%

Bank/Short Sales (likely) 107 89 20.2%

Bank/Short Sale Ratio (likely) 49% 43% 14.7%

0-6 Mo. Ago 12-18 Mo. Ago Annual Change %

Median $/Sqft $238.81 $250.92 -4.8%

Median Sale Price $349,000 $370,000 -5.7%

Median List $/Sqft $244.13 $261.86 -6.8%

Median List Price $354,000 $385,000 -8.1%

Median Marketing Times (# of days) 48 43 11.6%

Total Number of Sales 219 191 14.7%

Total # Of Active Properties 410 512 -19.9%

Months of Inventory 1.9 2.7 -30.2%

Bank/Short Sales (likely) 107 83 28.9%

Bank/Short Sale Ratio (likely) 49% 43% 12.4%

Other Trends

Recent 30 Day Period Property Ratios in Market Area

Total # Props Listed During Past 30 Days 139 1 Bedroom 0.0%

Total # of Sales Past 30 Days 45 2 Bedroom 8.2%

Total # of Active Props. On Eff Date 86 3 Bedroom 43.1%

New Listings Past 30 Days 45 4 Bedroom 43.2%

Mo. Inventory Based on Past 1 Month 1.9 5+ Bedroom 5.5%

Recent 6 Month Period (0-6 Months) 1 Bath 6.1%

New Listings Past 6 Months 240 1.5 Bath 0.1%

# Props. Listed Past 6 Months That Sold 92 2 Bath 60.5%

% of Props. Listed That Have Sold 38% 2.5 Bedroom 20.6%

3+ Bedroom 12.6%Sale Price Range Last 12 Months

Low Sale Price $166,200

High Sale Price $622,750

Predominant Sale Price $329,000Median Sale Price 355,000

Low Property Age 6 Years

High Property Age 112 Years

Predominant Property Age 40 Years

Median Age Present 39 Years

Low Property Living Area Size 744 Sqft

High Property Living Area Size 3,716 Sqft

Predominant Living Area Size 1,300 Sqft

One Standard Deviation Low 1,100 Sqft

One Standard Deviation High 1,900 Sqft

Median Living Area Size 1,600 Sqft

Median $/Sqft of Bank/Short Sales $228.01

Median $/Sqft of Traditional Sales $248.62

% Bank/Short Sales Sell For Less 8%

% Traditional Sales Sell For More 9%

Bank/Short Sales Vs. Traditional Sales (12 Month Period)

MARKET CONDITIONS IN SAN DIEGO, CA 92126 AS OF 05/10/2012

Property Living Area Sizes Present (All Properties in Records)

-5%/Declining Property Values

2 Mo./Balanced Demand / Supply

35 days / 1.2 Mo.

Key Statistics

Period Comparisons

Property Ages Present (All Properties in Records)

97.8%

Brian Ward Appraisal - (888) 844-1733 - www.brianward.com

7/31/2019 San Diego, CA 92126 Market Conditions

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