During the last 4 years of collecting and analyzing Bay Area Real Estate data daily, it has been come clear that the correct timing in the purchase and sale of real estate is becoming increasingly important. By displaying the last 5 weeks it fills in the gap between the current monthly issues of the BAREMN.
 

31-May

7-Jun

14-Jun

21-Jun

28-Jun

trend favors

Listings

DOI

61.8

65.0

71.1

73.6

78.5

Buyer

inventory

2583

2665

2784

2848

2958

Buyer

Sales

# sales/day

41.8

41.0

39.1

38.7

37.7

Buyer

median DOM

14

16

18

19

21

Buyer

LP median

$565,000

$568,850

$575,000

$569,000

$568,000

Neutral

Closings

ave SP/LP

100.5%

100.3%

100.1%

100.2%

100.0%

Buyer

% SP.>LP

46.1%

44.6%

42.7%

43.2%

40.3%

Buyer

SP 10%

$410,000

$415,000

$415,000

$415,000

$412,000

Neutral

Median SP

$565,000

$585,500

$579,500

$575,000

$575,000

Neutral

90% SP

$1,149,600

$1,151,000

$1,159,250

$1,144,080

$1,112,250

Neutral

Day of Inventory - continues to increase. This is objectively demonstrates that the supply is increasing relative to  the demand. This indicates longer marketing times.
 
Inventory - continues to increase. This increases the buyer's choice.
 
number of sales per day - continues to decrease. This indicates that there are fewer buyers willing to purchase.
 
median Day on the Market - continues to increase. This indicates that sellers are experiencing longer marketing times.
 
median List Price - is basically flat. Pricing tends to be a lagging indicator.
 
average Sold Price to List Price ratio - is decreasing. This documents that sellers are getting a lower percentage of their asking price.
 
percent of properties where the Sold Price is greater than the List Price - is decreasing. This indicates that there are fewer multiple offers occurring.
 
Sold Price - is flat. Price is a lagging indicator.
 
More complete definition of the data displayed here is available at: http://www.creeksiderealty.com/bay_area_real_estate_market_newsletter/2002/santa_clara_county/fun.htm
 
 
The most recent monthly BAREMN is available at: