Download - Valencia CA real estate housing market update May 12, 2014

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Page 1: Valencia CA real estate housing market update May 12, 2014

05/12/2014Clarus MarketMetrics®Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

Connor and Paris MacIVORRE/MAX's Paris911 Team

Market Dynamics

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Page 2: Valencia CA real estate housing market update May 12, 2014

Apr-14527,500

Apr-13465,000

%+13%

Change62,500

Apr-13 vs. Apr-14: The median sold price is up 13%Median Sold Price by Month

RE/MAX's Paris911 Team

Apr-13 vs. Apr-14

Connor and Paris MacIVOR

Clarus MarketMetrics® 1 of 2 05/12/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

AllBathrooms:MLS: AllAllSq Ft:

ValenciaResidential: (Single Family Residence)Period: All All

Property Types:Cities:

AllConstruction Type:Price: Lot Size:Bedrooms:1 year (monthly)CRMLS

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Page 3: Valencia CA real estate housing market update May 12, 2014

Median Sold Price by MonthApr-13 vs. Apr-14: The median sold price is up 13%

RE/MAX's Paris911 TeamConnor and Paris MacIVOR

Time Period Median Price # Units Average DOMApr-14 527,500 68 50Mar-14 485,000 43 73Feb-14 515,000 34 55Jan-14 470,000 54 61Dec-13 472,500 58 66Nov-13 484,000 49 51Oct-13 487,000 64 47Sep-13 515,000 47 44Aug-13 480,000 61 43Jul-13 457,000 71 42Jun-13 467,500 60 47May-13 450,000 67 40Apr-13 465,000 71 46

Clarus MarketMetrics® 2 of 2 05/12/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

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Page 4: Valencia CA real estate housing market update May 12, 2014

Apr-13 vs. Apr-14: The median price of for sale properties is up 24% and the median price of sold properties is up 13%

RE/MAX's Paris911 Team

Apr-13 vs. Apr-14

480,000 +24%

Connor and Paris MacIVOR

595,000Apr-14

Median For Sale vs. Median Sold

ChangeApr-13 %115,000

Apr-13 Apr-14 %465,000 +13%

Apr-13 vs. Apr-14

527,500Change62,500

Clarus MarketMetrics® 1 of 2 05/12/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

AllBathrooms:MLS: AllAllSq Ft:

ValenciaResidential: (Single Family Residence)Period: All All

Property Types:Cities:

AllConstruction Type:Price: Lot Size:Bedrooms:1 year (monthly)CRMLS

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Page 5: Valencia CA real estate housing market update May 12, 2014

Median For Sale vs. Median SoldApr-13 vs. Apr-14: The median price of for sale properties is up 24% and the median price of sold properties is up 13%

RE/MAX's Paris911 TeamConnor and Paris MacIVOR

Time Period For SaleMedian SoldMedianFor Sale # Properties # PropertiesSold Price

Difference

Apr-14 205 68595,000 527,500 -67,500Mar-14 198 43577,870 485,000 -92,870Feb-14 182 34584,870 515,000 -69,870Jan-14 187 54594,900 470,000 -124,900Dec-13 177 58549,000 472,500 -76,500Nov-13 206 49542,450 484,000 -58,450Oct-13 218 64539,950 487,000 -52,950Sep-13 233 47539,000 515,000 -24,000Aug-13 215 61530,000 480,000 -50,000Jul-13 197 71525,000 457,000 -68,000Jun-13 184 60499,950 467,500 -32,449May-13 163 67480,000 450,000 -30,000Apr-13 159 71480,000 465,000 -15,000

Clarus MarketMetrics®Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

2 of 2 05/12/2014

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Page 6: Valencia CA real estate housing market update May 12, 2014

Apr-1468

Apr-1371

%-4%

Change-3

Apr-13 vs. Apr-14: The number of Sold properties is down 4%Sold Properties by Month

RE/MAX's Paris911 Team

Apr-13 vs. Apr-14

Connor and Paris MacIVOR

Clarus MarketMetrics® 1 of 2 05/12/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

AllBathrooms:MLS: AllAllSq Ft:

ValenciaResidential: (Single Family Residence)Period: All All

Property Types:Cities:

AllConstruction Type:Price: Lot Size:Bedrooms:1 year (monthly)CRMLS

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Page 7: Valencia CA real estate housing market update May 12, 2014

Sold Properties by MonthApr-13 vs. Apr-14: The number of Sold properties is down 4%

RE/MAX's Paris911 TeamConnor and Paris MacIVOR

Time Period

Full Market# Properties Median Price Average DOM

Bank Properties# Properties % Bank Median Price

Non-Bank Properties# Properties % Non-Bank Median Price

Apr-14 527,50068 50 7 10.3 575,000 61 89.7 520,000Mar-14 485,00043 73 5 11.6 470,000 38 88.4 485,000Feb-14 515,00034 55 2 5.9 628,500 32 94.1 515,000Jan-14 470,00054 61 9 16.7 403,000 45 83.3 475,000Dec-13 472,50058 66 7 12.1 430,000 51 87.9 482,500Nov-13 484,00049 51 3 6.1 340,000 46 93.9 494,500Oct-13 487,00064 47 14 21.9 439,000 50 78.1 497,500Sep-13 515,00047 44 7 14.9 460,000 40 85.1 520,000Aug-13 480,00061 43 10 16.4 398,000 51 83.6 487,500Jul-13 457,00071 42 12 16.9 385,000 59 83.1 465,000Jun-13 467,50060 47 10 16.7 392,500 50 83.3 489,500May-13 450,00067 40 15 22.4 379,900 52 77.6 468,500Apr-13 465,00071 46 16 22.5 432,500 55 77.5 476,000

Clarus MarketMetrics® 2 of 2 05/12/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

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Page 8: Valencia CA real estate housing market update May 12, 2014

Apr-1470

Apr-1365

%+8%

Change5

Apr-13 vs. Apr-14: The number of Under Contract properties is up 8%Under Contract Properties by Month

RE/MAX's Paris911 Team

Apr-13 vs. Apr-14

Connor and Paris MacIVOR

Clarus MarketMetrics® 1 of 2 05/12/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

AllBathrooms:MLS: AllAllSq Ft:

ValenciaResidential: (Single Family Residence)Period: All All

Property Types:Cities:

AllConstruction Type:Price: Lot Size:Bedrooms:1 year (monthly)CRMLS

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Page 9: Valencia CA real estate housing market update May 12, 2014

Under Contract Properties by MonthApr-13 vs. Apr-14: The number of Under Contract properties is up 8%

RE/MAX's Paris911 TeamConnor and Paris MacIVOR

Time Period

Full Market# Properties Median Price Average DOM

Bank Properties# Properties % Bank Median Price

Non-Bank Properties# Properties % Non-Bank Median Price

Apr-14 532,45070 41 545,00088.662466,61511.48Mar-14 520,00059 53 520,00089.853508,50010.26Feb-14 530,00057 58 539,00086.049512,50014.08Jan-14 510,00053 67 499,98084.945555,00015.18Dec-13 462,50038 55 481,95089.534394,45010.54Nov-13 489,95046 68 483,70091.342520,5508.74Oct-13 485,00061 57 497,45088.554389,00011.57Sep-13 489,00057 59 500,00080.746449,00019.311Aug-13 527,45052 46 530,00086.545475,00013.57Jul-13 475,00055 50 477,45087.348409,90012.77Jun-13 469,99059 37 475,00086.451425,00013.68May-13 449,99959 32 450,00089.853424,90010.26Apr-13 475,00065 31 475,00084.655447,00015.410

Clarus MarketMetrics® 2 of 2 05/12/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

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Page 10: Valencia CA real estate housing market update May 12, 2014

Apr-1479

Apr-1378

%+1%

Change1

Apr-13 vs. Apr-14: The number of New properties is up 1%New Properties by Month

RE/MAX's Paris911 Team

Apr-13 vs. Apr-14

Connor and Paris MacIVOR

Clarus MarketMetrics® 1 of 2 05/12/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

AllBathrooms:MLS: AllAllSq Ft:

ValenciaResidential: (Single Family Residence)Period: All All

Property Types:Cities:

AllConstruction Type:Price: Lot Size:Bedrooms:1 year (monthly)CRMLS

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Page 11: Valencia CA real estate housing market update May 12, 2014

New Properties by MonthApr-13 vs. Apr-14: The number of New properties is up 1%

RE/MAX's Paris911 TeamConnor and Paris MacIVOR

Time Period # Properties

Full MarketMedian Price

Bank Properties# Properties % Bank Median Price

Non-Bank Properties# Properties % Non-Bank Median Price

Apr-14 535,00079 7 8.9 500,000 72 91.1 539,900Mar-14 539,95091 8 8.8 486,615 83 91.2 550,000Feb-14 540,00067 8 11.9 487,500 59 88.1 544,900Jan-14 565,00071 3 4.2 695,000 68 95.8 553,750Dec-13 502,50030 5 16.7 495,000 25 83.3 515,000Nov-13 510,00061 4 6.6 409,950 57 93.4 530,000Oct-13 499,99058 5 8.6 389,000 53 91.4 500,000Sep-13 539,00089 12 13.5 476,500 77 86.5 539,900Aug-13 530,00092 11 12.0 501,100 81 88.0 530,000Jul-13 509,47584 18 21.4 414,450 66 78.6 547,450Jun-13 489,90087 10 11.5 465,600 77 88.5 499,000May-13 487,45082 9 11.0 415,000 73 89.0 509,000Apr-13 475,00078 8 10.3 441,450 70 89.7 475,000

Clarus MarketMetrics® 2 of 2 05/12/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

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Page 12: Valencia CA real estate housing market update May 12, 2014

Apr-14205

Apr-13159

%+29%

Change46

Apr-13 vs. Apr-14: The number of For Sale properties is up 29%For Sale Properties by Month

RE/MAX's Paris911 Team

Apr-13 vs. Apr-14

Connor and Paris MacIVOR

Clarus MarketMetrics® 1 of 2 05/12/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

AllBathrooms:MLS: AllAllSq Ft:

ValenciaResidential: (Single Family Residence)Period: All All

Property Types:Cities:

AllConstruction Type:Price: Lot Size:Bedrooms:1 year (monthly)CRMLS

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Page 13: Valencia CA real estate housing market update May 12, 2014

For Sale Properties by MonthApr-13 vs. Apr-14: The number of For Sale properties is up 29%

RE/MAX's Paris911 TeamConnor and Paris MacIVOR

# PropertiesTime Period

Full Market# Properties Median Price Average DOM

Bank Properties Non-Bank Properties% Bank Median Price # Properties % Non-Bank Median Price

Apr-14 595,000205 50 21 10.2 500,000 184 89.8 599,000Mar-14 577,870198 55 20 10.1 500,000 178 89.9 598,388Feb-14 584,870182 67 26 14.3 481,000 156 85.7 594,950Jan-14 594,900187 75 27 14.4 510,000 160 85.6 599,000Dec-13 549,000177 83 30 16.9 449,950 147 83.0 594,900Nov-13 542,450206 73 32 15.5 442,500 174 84.5 549,950Oct-13 539,950218 65 36 16.5 458,500 182 83.5 554,950Sep-13 539,000233 60 45 19.3 450,000 188 80.7 550,000Aug-13 530,000215 58 43 20.0 459,000 172 80.0 549,900Jul-13 525,000197 58 43 21.8 429,900 154 78.2 552,500Jun-13 499,950184 56 36 19.6 422,450 148 80.4 523,000May-13 480,000163 58 33 20.2 415,000 130 79.8 525,000Apr-13 480,000159 60 35 22.0 425,000 124 78.0 527,000

Clarus MarketMetrics® 2 of 2 05/12/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

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Page 14: Valencia CA real estate housing market update May 12, 2014

Apr-1422

Apr-1313

%+69%

Change9

Apr-13 vs. Apr-14: The number of Expired properties is up 69%Expired Properties by Month

RE/MAX's Paris911 Team

Apr-13 vs. Apr-14

Connor and Paris MacIVOR

Clarus MarketMetrics® 1 of 2 05/12/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

AllBathrooms:MLS: AllAllSq Ft:

ValenciaResidential: (Single Family Residence)Period: All All

Property Types:Cities:

AllConstruction Type:Price: Lot Size:Bedrooms:1 year (monthly)CRMLS

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Page 15: Valencia CA real estate housing market update May 12, 2014

Expired Properties by MonthApr-13 vs. Apr-14: The number of Expired properties is up 69%

RE/MAX's Paris911 TeamConnor and Paris MacIVOR

Time Period Median Price# Properties Average DOM

Full Market# Properties % Bank Median Price Median Price# Properties

Bank Properties% Non-Bank

Non-Bank Properties

Apr-14 567,00022 51 4 18.2 459,500 18 81.8 667,450Mar-14 679,79913 95 0 13 100.0 679,799Feb-14 484,45018 50 6 33.3 392,500 12 66.7 557,450Jan-14 667,34019 74 1 5.3 639,900 18 94.7 708,420Dec-13 635,00023 71 2 8.7 417,500 21 91.3 639,900Nov-13 570,00013 127 3 23.1 350,000 10 76.9 624,900Oct-13 632,50012 44 1 8.3 615,000 11 91.7 650,000Sep-13 557,45016 91 3 18.8 429,900 13 81.2 575,000Aug-13 530,00019 43 3 15.8 533,500 16 84.2 525,000Jul-13 619,99019 52 4 21.1 360,000 15 79.0 629,000Jun-13 510,44412 28 3 25.0 325,000 9 75.0 559,000May-13 495,0007 142 1 14.3 425,000 6 85.7 502,500Apr-13 775,00013 97 1 7.7 295,000 12 92.3 837,000

Clarus MarketMetrics® 2 of 2 05/12/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

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Page 16: Valencia CA real estate housing market update May 12, 2014

Apr-13 vs. Apr-14: The number of for sale properties is up 29% and the number of sold properties is down 4%

RE/MAX's Paris911 Team

Apr-13 vs. Apr-14

159 +29%

Connor and Paris MacIVOR

205Apr-14

Supply & Demand by Month

ChangeApr-13 %46

Apr-13 Apr-14 %71 -4%

Apr-13 vs. Apr-14

68Change

-3

Clarus MarketMetrics® 1 of 2 05/12/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

AllBathrooms:MLS: AllAllSq Ft:

ValenciaResidential: (Single Family Residence)Period: All All

Property Types:Cities:

AllConstruction Type:Price: Lot Size:Bedrooms:1 year (monthly)CRMLS

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Page 17: Valencia CA real estate housing market update May 12, 2014

Supply & Demand by MonthApr-13 vs. Apr-14: The number of for sale properties is up 29% and the number of sold properties is down 4%

Connor and Paris MacIVOR RE/MAX's Paris911 Team

Time Period For SaleFor Sale SoldSold# Properties Average DOM Average DOM# Properties

Apr-14 50 50205 68Mar-14 55 73198 43Feb-14 67 55182 34Jan-14 75 61187 54Dec-13 83 66177 58Nov-13 73 51206 49Oct-13 65 47218 64Sep-13 60 44233 47Aug-13 58 43215 61Jul-13 58 42197 71Jun-13 56 47184 60May-13 58 40163 67Apr-13 60 46159 71

Clarus MarketMetrics® 2 of 2 05/12/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

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Page 18: Valencia CA real estate housing market update May 12, 2014

Apr-1441

Apr-1331

%+35%

Change11

Apr-13 vs. Apr-14: The average days on market is up 35%The Average Days on Market by Month

RE/MAX's Paris911 Team

Apr-13 vs. Apr-14

Connor and Paris MacIVOR

Clarus MarketMetrics® 1 of 2 05/12/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

AllBathrooms:MLS: AllAllSq Ft:

ValenciaResidential: (Single Family Residence)Period: All All

Property Types:Cities:

AllConstruction Type:Price: Lot Size:Bedrooms:1 year (monthly)CRMLS

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Page 19: Valencia CA real estate housing market update May 12, 2014

The Average Days on Market by MonthApr-13 vs. Apr-14: The average days on market is up 35%

RE/MAX's Paris911 TeamConnor and Paris MacIVOR

Time Period # UC UnitsAverage DOMApr-14 7041Mar-14 5953Feb-14 5758Jan-14 5367Dec-13 3855Nov-13 4668Oct-13 6157Sep-13 5759Aug-13 5246Jul-13 5550Jun-13 5937May-13 5932Apr-13 6531

Clarus MarketMetrics® 2 of 2 05/12/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

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Page 20: Valencia CA real estate housing market update May 12, 2014

Apr-13 vs. Apr-14: The average months supply of inventory is up 30%

RE/MAX's Paris911 Team

Apr-13 vs. Apr-14

1.2 +30%

Connor and Paris MacIVOR

1.6Apr-14

Months Supply of Inventory

ChangeApr-13 %0.4

Clarus MarketMetrics® 1 of 2 05/12/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

AllBathrooms:MLS: AllAllSq Ft:

ValenciaResidential: (Single Family Residence)Period: All All

Property Types:Cities:

AllConstruction Type:Price: Lot Size:Bedrooms:1 year (monthly)CRMLS

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Page 21: Valencia CA real estate housing market update May 12, 2014

Months Supply of InventoryApr-13 vs. Apr-14: The average months supply of inventory is up 30%

Connor and Paris MacIVOR RE/MAX's Paris911 Team

Time Period During MonthLast Day of Month DOMMSI# Units For Sale # UC Units UC Average

Apr-14 70 41113 1.6Mar-14 59 53126 2.1Feb-14 57 58107 1.9Jan-14 53 67115 2.2Dec-13 38 55116 3.1Nov-13 46 68147 3.2Oct-13 61 57145 2.4Sep-13 57 59160 2.8Aug-13 52 46144 2.8Jul-13 55 50123 2.2Jun-13 59 37113 1.9May-13 59 3297 1.6Apr-13 65 3181 1.2

Clarus MarketMetrics® 2 of 2 05/12/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

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