Monday May 30, 2016
Guarantee Real Estate's
Executive Summary
DINUBA, CA
Single Family Homes
This Week
The median list price in DINUBA, CA this week is $279,450.
Demand measured by the Market Action Index is increasing and
days-on-market is trending downward. Even as more properties
come available, these are positive trends for the market.
Real-Time Market Profile
Trend
Median List Price
$ 279,450
Asking Price Per Square Foot
$ 127
Average Days on Market (DOM)
90
Percent of Properties with Price Decrease
36 %
Percent Relisted (reset DOM)
21 %
Percent Flip (price increased)
0%
Median House Size (sq ft)
2326
Median Lot Size
6,501 - 8,000 sqft
Median Number of Bedrooms
4.0
±+
==
≠≠
Median Number of Bathrooms
Supply and Demand
Market Action Index
Home sales continue to outstrip supply and the Market Action Index
has been moving higher for several weeks. This is a Seller's market
so watch for upward pricing pressure in the near future if the trend
continues.
±+
No change
2.5
Strong Seller's
51.3
==
== Strong upward trend ≠≠ Strong downward trend
= Slight upward trend ≠ Slight downward trend
Price
Market Action Index
The market seems to have paused around this plateau. The
Market Action Index is a good leading indicator for the durability
of this trend.
Price Trends
7-Day Rolling Average
90-Day Rolling Average
Buyer/Seller Cutoff
The Market Action Index answers the question "How's the
Market?" by measuring the current rate of sale versus the
amount of the inventory. Index above 30 implies Seller's
Market conditions. Below 30, conditions favor the buyer.
Quartiles
7-Day Rolling Average
Characteristics per Quartile
Quartile
Median Price
Sq. Ft.
Top/First
$ 649,000
2687
Upper/Second
$ 380,000
Lower/Third
Bottom/Fourth
Lot Size
90-Day Rolling Average
Investigate the market in quartiles where each quartile is 25% of homes
ordered by price.
Beds
Baths
Age Inventory New Absorbed DOM
2.5 - 5.0
acres
4.0
3.0
20
3
0
0
131
3120
8,001 10,000 sqft
4.0
3.0
11
3
1
1
30
Upper-middle 25% of properties
$ 263,014
2240
6,501 8,000 sqft
3.5
2.0
8
4
0
1
156
Lower-middle 25% of properties
$ 164,000
1672
4,501 6,500 sqft
3.0
1.5
48
4
2
0
37
Most expensive 25% of properties
Least expensive 25% of properties
Guarantee Real Estate | [email protected] | 559-650-6000
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