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This Week
Real-Time Market Profile Trend
Median List Price $ 498,500 ==
Asking Price Per Square Foot $ 203 ±+
The median list price in FALLBROOK, CA this week is $498,500. Average Days on Market (DOM) 209 ≠≠
Percent of Properties with Price Decrease 32 %
Percent Relisted (reset DOM) 16 %
Inventory is tightening and days-on-market is falling. But demand
as measured by the Market Action Index is also trending down. The Percent Flip (price increased) 7%
market is not giving strong up or down signals from these data. Median House Size (sq ft) 2537
Median Lot Size 1.0 - 2.5 acres
Median Number of Bedrooms 4.0
Median Number of Bathrooms 2.5
In terms of supply and demand, the market is getting cooler - more ±+ No change == Strong upward trend ≠≠ Strong downward trend
supply is coming on the market relative to the sales demand.
However, in recent weeks prices have been moving higher. Since it is = Slight upward trend ≠ Slight downward trend
technically a Buyer's market, this price trend may be a result of
improved quality (newer, larger homes) of the homes being listed.
Look at the descriptive statistics where you may notice the homes
being listed are larger and younger than they have been in the past. Price
Market Action Index This week saw relatively little price change from last week.
However, prices continue demonstrate a nice up trend in general
over the last several weeks.
Price Trends
Quartiles
7-Day Rolling Average 90-Day Rolling Average
1.0 - 2.5
Upper/Second $ 597,000 2823 acres 4.0 3.0 19 74 4 6 180 Upper-middle 25% of properties
1.0 - 2.5
Lower/Third $ 415,000 2176 acres 3.0 2.5 23 75 7 4 192 Lower-middle 25% of properties
0.25 - 0.50
Bottom/Fourth $ 274,900 1537 acre 3.0 2.0 33 75 3 8 187 Least expensive 25% of properties
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