2016-05 County Sales & Price Public PPT

7/26/2019 2016-05 County Sales & Price Public PPT

1/15

CALIFORNIA HOUSINGMARKET UPDATE

Monthly Sales and Price Statistics

May 2016


2/15

SALES OF EXISTING DETACHED HOMES

California, May 2016 Sales: 410,090 Units, +2.2% YTD, -3.2% YTY

-

100,000

200,000

300,000

400,000

500,000

600,000

700,000

*Sales are seasonally adjusted and annualizedSERIES: Sales of Existing Single Family HomesSOURCE: CALIFORNIA ASSOCIATION OF REALTORS

May-16:410,090

May-15:423,700


3/15

CALIFORNIA SALES(JAN 2000 PRESENT)

SERIES: Sales of Existing Single Family Homes, Not Seasonally Adjusted

SOURCE: CALIFORNIA ASSOCIATION OF REALTORS

-60%

-40%

-20%

0%

20%

40%

60%

80%

100%

120%

140%

Year-over-Year % Chg 6 per. Mov. Avg. (Year-over-Year % Chg)


4/15

BAY AREA SALES (EXISTING SFH)

SERIES: Sales, Not Seasonally Adjusted


-30%

-20%

-10%

0%

10%

20%

30%

Bay Area 6 per. Mov. Avg. (Bay Area)YoY % chg.


5/15

SOUTHERN CALIFORNIA (EXISTING SFH)



-30%

-25%

-20%

-15%

-10%

-5%

0%

5%

10%

15%

20%

25%

So CA 6 per. Mov. Avg. (So CA)YoY % chg.


6/15

CENTRAL VALLEY SALES (EXISTING SFH)



-30%

-25%

-20%

-15%

-10%

-5%

0%

5%

10%

15%

20%

25%

Central Valley 6 per. Mov. Avg. (Central Valley)YoY % chg.


7/15

SALES SHARE BY PRICE RANGE

10%

16% 16%14%

21%

10% 10%

3%

12%

17% 16%14%

19%

9% 9%

3%

0%

10%

20%

30%

May-16 May-15

SERIES: Sales of Existing Detached Homes



8/15

MEDIAN PRICE OF EXISTING DETACHED HOMES

California, May 2016: $518,760, +1.8% MTM, +6.3% YTY

$-

$100,000

$200,000

$300,000

$400,000

$500,000

$600,000

$700,000 P: May-07

$594,530

T: Feb-09$245,230-59% from

peak

SERIES: Median Price of Existing Single Family Homes


May-16:$518,760

May-15:$487,960


9/15

-50%

-40%

-30%

-20%

-10%

0%

10%20%

30%

40%

50% Condo Single-Family Homes

HOME PRICE APPRECIATIONS HAVEMODERATED SINCE MID 2013

SERIES: Sales of SFH and Condo Units


YTY% Chg. in Price


10/15

CA MEDIAN PRICE (EXISTING SFH)

SERIES: Median Price, Not Seasonally Adjusted


-15%

-10%

-5%

0%

5%

10%

15%

Month-to-Month % Chg


11/15

PRICE PER SQUARE FOOT

May 2016: $249, Up 2.3% MTM, Up 6.8% YTY

$0

$50

$100

$150

$200

$250

$300

$350

$400PRICE PERSQ.FT.

SERIES: Median Price Per Square Feet


May-16:$249

May-15:$238


12/15

SALES PRICE -TO-LIST PRICE RATIO

May 2016: 99.7%, Up 0.4% MTM, Up 0.7% YTY

86%

88%

90%

92%

94%

96%

98%

100%

Sales-to-List Price Ratio

SERIES: Sales-to-List Ratio


May-16:99.7%May-15:

99.0%


13/15

UII DOWN FROM LAST YEARAS ACTIVE LISTINGS DECLINED

May 2015: 3.5 Months; May 2016: 3.4 Months

Note: Unsold Inventory Index represents the number of months it would take to sell the remaining inventory for the month inquestion. The remaining inventory for the month is defined as the number of properties that were Active, Pending, andContingent (when available) and divide the sum by the number of Sold properties for the month in question.

0.0

2.0

4.0

6.0

8.0

10.012.0

14.0

16.0

18.0

SERIES: Unsold Inventory Index of Existing Single Family Homes



14/15

INVENTORY DROPPED SIGNIFICANTLYIN THE BAY AREA SINCE 2009

Note: Unsold Inventory Index represents the number of months it would take to sell the remaining inventory for the month inquestion. The remaining inventory for the month is defined as the number of properties that were Active, Pending, andContingent (when available) and divide the sum by the number of Sold properties for the month in question.

2.4

3.7

3.4

0.0

1.0

2.0

3.0

4.0

5.0

6.0

7.0

8.0

9.0 Bay Area So CA Central Valley

SERIES: Unsold Inventory Index of Existing Single Family Homes



15/15

SUPPLY DROPPED IN SO CA AND CENTRALVALLEY, BUT UP IN THE BAY AREA

-5%

2% 3%

9%

-3%

-12%

-20%

-10%

0%

10%

San Francisco Bay Area Southern California Central Valley

Sales Active ListingsYear-to-Year%Ch


May 2016

Documents

2016-05 County Sales & Price Public PPT