-
CALIFORNIAHOUSINGMARKETUPDATE
MonthlySalesandPriceStatisticsOctober2015
-
SALESOFEXISTINGDETACHEDHOMES
California,Oct2015Sales:403,510Units,+6.7%YTD,+1.3%YTY
100,000
200,000
300,000
400,000
500,000
600,000
700,000
J
a
n
0
5
J
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l
0
5
J
a
n
0
6
J
u
l
0
6
J
a
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0
7
J
u
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0
7
J
a
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0
8
J
u
l
0
8
J
a
n
0
9
J
u
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0
9
J
a
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1
0
J
u
l
1
0
J
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1
1
J
u
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1
1
J
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1
2
J
u
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1
2
J
a
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1
3
J
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1
3
J
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1
4
J
u
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1
4
J
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1
5
J
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1
5
*SalesareseasonallyadjustedandannualizedSERIES:SalesofExistingSingleFamilyHomesSOURCE:CALIFORNIAASSOCIATIONOFREALTORS
Oct15:403,510
Oct14:398,510
-
CALIFORNIASALES
SERIES:SalesofExistingSingleFamilyHomes,NotSeasonallyAdjustedSOURCE:CALIFORNIAASSOCIATIONOFREALTORS
60%
40%
20%
0%
20%
40%
60%
80%
100%
120%
140%
J
a
n
0
0
S
e
p
0
0
M
a
y
0
1
J
a
n
0
2
S
e
p
0
2
M
a
y
0
3
J
a
n
0
4
S
e
p
0
4
M
a
y
0
5
J
a
n
0
6
S
e
p
0
6
M
a
y
0
7
J
a
n
0
8
S
e
p
0
8
M
a
y
0
9
J
a
n
1
0
S
e
p
1
0
M
a
y
1
1
J
a
n
1
2
S
e
p
1
2
M
a
y
1
3
J
a
n
1
4
S
e
p
1
4
M
a
y
1
5
YearoverYear%Chg 6per.Mov.Avg.(YearoverYear%Chg)
-
CALIFORNIASALES
SERIES:SalesofExistingSingleFamilyHomes,SeasonallyAdjustedSOURCE:CALIFORNIAASSOCIATIONOFREALTORS
25%
20%
15%
10%
5%
0%
5%
10%
15%
J
a
n
1
0
A
p
r
1
0
J
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l
1
0
O
c
t
1
0
J
a
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1
1
A
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r
1
1
J
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1
1
O
c
t
1
1
J
a
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1
2
A
p
r
1
2
J
u
l
1
2
O
c
t
1
2
J
a
n
1
3
A
p
r
1
3
J
u
l
1
3
O
c
t
1
3
J
a
n
1
4
A
p
r
1
4
J
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1
4
O
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t
1
4
J
a
n
1
5
A
p
r
1
5
J
u
l
1
5
O
c
t
1
5
YearoverYear%Chg 6per.Mov.Avg.(YearoverYear%Chg)
Signoflevelingoff
-
SALESBYREGION(EXISTINGSFH)
SERIES:Sales,NotSeasonallyAdjustedSOURCE:CALIFORNIAASSOCIATIONOFREALTORS
25%
20%
15%
10%
5%
0%
5%
10%
15%
20%
25%
BayArea CentralValley SoCA
-
BAYAREASALES(EXISTINGSFH)
SERIES:Sales,NotSeasonallyAdjustedSOURCE:CALIFORNIAASSOCIATIONOFREALTORS
25%
20%
15%
10%
5%
0%
5%
10%
15%
20%
25%
30%
J
a
n
1
0
A
p
r
1
0
J
u
l
1
0
O
c
t
1
0
J
a
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1
1
A
p
r
1
1
J
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1
1
O
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1
1
J
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1
2
A
p
r
1
2
J
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1
2
O
c
t
1
2
J
a
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1
3
A
p
r
1
3
J
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1
3
O
c
t
1
3
J
a
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1
4
A
p
r
1
4
J
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1
4
O
c
t
1
4
J
a
n
1
5
A
p
r
1
5
J
u
l
1
5
O
c
t
1
5
BayArea 6per.Mov.Avg.(BayArea)
-
CENTRALVALLEYSALES(EXISTINGSFH)
SERIES:Sales,NotSeasonallyAdjustedSOURCE:CALIFORNIAASSOCIATIONOFREALTORS
30%
25%
20%
15%
10%
5%
0%
5%
10%
15%
20%
25%
J
a
n
1
0
A
p
r
1
0
J
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1
0
O
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1
0
J
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1
1
A
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1
1
J
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1
1
O
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1
1
J
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1
2
A
p
r
1
2
J
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1
2
O
c
t
1
2
J
a
n
1
3
A
p
r
1
3
J
u
l
1
3
O
c
t
1
3
J
a
n
1
4
A
p
r
1
4
J
u
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1
4
O
c
t
1
4
J
a
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1
5
A
p
r
1
5
J
u
l
1
5
O
c
t
1
5
CentralValley 6per.Mov.Avg.(CentralValley)
-
SOUTHERNCALIFORNIA(EXISTINGSFH)
SERIES:Sales,NotSeasonallyAdjustedSOURCE:CALIFORNIAASSOCIATIONOFREALTORS
25%
20%
15%
10%
5%
0%
5%
10%
15%
20%
25%
J
a
n
1
0
A
p
r
1
0
J
u
l
1
0
O
c
t
1
0
J
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1
1
A
p
r
1
1
J
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1
1
O
c
t
1
1
J
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1
2
A
p
r
1
2
J
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1
2
O
c
t
1
2
J
a
n
1
3
A
p
r
1
3
J
u
l
1
3
O
c
t
1
3
J
a
n
1
4
A
p
r
1
4
J
u
l
1
4
O
c
t
1
4
J
a
n
1
5
A
p
r
1
5
J
u
l
1
5
O
c
t
1
5
SoCA 6per.Mov.Avg.(SoCA)
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SALESSHAREBYPRICERANGE
15%17% 17%
14%
18%
9% 8%
3%
12%
18%16%
14%
20%
9% 8%
3%
0%
10%
20%
30%
Oct14 Oct15
SERIES:SalesofExistingDetachedHomesSOURCE:CALIFORNIAASSOCIATIONOFREALTORS
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CHANGEINSALESBYPRICERANGE
(YeartoYear)
20.6%
2.6%
4.7%
4.9%
10.3%
6.3%3.7%
1.3%
25%
20%
15%
10%
5%
0%
5%
10%
15%
Oct15
SERIES:SalesofExistingDetachedHomesSOURCE:CALIFORNIAASSOCIATIONOFREALTORS
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MEDIANPRICEOFEXISTINGDETACHEDHOMES
California,Oct2015:$475,990,1.3%MTM,+5.7%YTY
$
$100,000
$200,000
$300,000
$400,000
$500,000
$600,000
$700,000
J
a
n
0
5
J
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l
0
5
J
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n
0
6
J
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l
0
6
J
a
n
0
7
J
u
l
0
7
J
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0
8
J
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0
8
J
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0
9
J
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0
9
J
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1
0
J
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1
0
J
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1
1
J
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1
1
J
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1
2
J
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1
2
J
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1
3
J
u
l
1
3
J
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n
1
4
J
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l
1
4
J
a
n
1
5
J
u
l
1
5
P:May07$594,530
T:Feb09$245,23059%frompeak
SERIES:MedianPriceofExistingSingleFamilyHomesSOURCE:CALIFORNIAASSOCIATIONOFREALTORS
Oct15:$475,990Oct14:
$450,460
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INVENTORYDROPPEDSIGNIFICANTLYINTHEBAYAREASINCE2009
BUTREMAINEDTIGHT
Note:UnsoldInventoryIndexrepresentsthenumberofmonthsitwouldtaketoselltheremaininginventoryforthemonthin question.TheremaininginventoryforthemonthisdefinedasthenumberofpropertiesthatwereActive,Pending,andContingent(whenavailable)anddividethesumbythenumberofSoldpropertiesforthemonthinquestion.
2.5
3.64.0
0.0
1.0
2.0
3.0
4.0
5.0
6.0
7.0
8.0
9.0
Jan09 Jul09 Jan10 Jul10 Jan11 Jul11 Jan12 Jul12 Jan13 Jul13 Jan14 Jul14 Jan15 Jul15
BayArea CentralValley SoCA
SERIES:UnsoldInventoryIndexofExistingSingleFamilyHomesSOURCE:CALIFORNIAASSOCIATIONOFREALTORS
-
CAMEDIANPRICE(EXISTINGSFH)
SERIES:MedianPrice,NotSeasonallyAdjustedSOURCE:CALIFORNIAASSOCIATIONOFREALTORS
15%
10%
5%
0%
5%
10%
15%
J
a
n
0
5
J
u
n
0
5
N
o
v
0
5
A
p
r
0
6
S
e
p
0
6
F
e
b
0
7
J
u
l
0
7
D
e
c
0
7
M
a
y
0
8
O
c
t
0
8
M
a
r
0
9
A
u
g
0
9
J
a
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1
0
J
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1
0
N
o
v
1
0
A
p
r
1
1
S
e
p
1
1
F
e
b
1
2
J
u
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1
2
D
e
c
1
2
M
a
y
1
3
O
c
t
1
3
M
a
r
1
4
A
u
g
1
4
J
a
n
1
5
J
u
n
1
5
MonthtoMonth%Chg
-
INVENTORYCONTINUEDTODECLINEFROMLASTYEAR
Oct2014:3.8Months;Oct2015:3.7Months
Note:UnsoldInventoryIndexrepresentsthenumberofmonthsitwouldtaketoselltheremaininginventoryforthemonthin question.TheremaininginventoryforthemonthisdefinedasthenumberofpropertiesthatwereActive,Pending,andContingent(whenavailable)anddividethesumbythenumberofSoldpropertiesforthemonthinquestion.
0
2
4
6
8
10
12
14
16
18
J
a
n
0
5
J
u
l
0
5
J
a
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J
u
l
0
6
J
a
n
0
7
J
u
l
0
7
J
a
n
J
u
l
0
8
J
a
n
J
u
l
0
9
J
a
n
1
0
J
u
l
1
0
J
a
n
1
1
J
u
l
1
1
J
a
n
1
2
J
u
l
1
2
J
a
n
1
3
J
u
l
1
3
J
a
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1
4
J
u
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1
4
J
a
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1
5
J
u
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1
5
SERIES:UnsoldInventoryIndexofExistingSingleFamilyHomesSOURCE:CALIFORNIAASSOCIATIONOFREALTORS
-
50%
40%
30%
20%
10%
0%
10%
20%
30%
40%
50%
J
a
n
0
5
J
u
l
0
5
J
a
n
0
6
J
u
l
0
6
J
a
n
0
7
J
u
l
0
7
J
a
n
0
8
J
u
l
0
8
J
a
n
0
9
J
u
l
0
9
J
a
n
1
0
J
u
l
1
0
J
a
n
1
1
J
u
l
1
1
J
a
n
1
2
J
u
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1
2
J
a
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1
3
J
u
l
1
3
J
a
n
1
4
J
u
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1
4
J
a
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1
5
J
u
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1
5
Condo SingleFamilyHomes
HOMEPRICEAPPRECIATIONSHAVEMODERATEDSINCEMID2013
SERIES:SalesofSFHandCondoUnitsSOURCE:CALIFORNIAASSOCIATIONOFREALTORS
YTY%Chg.inPrice
-
PRICEPERSQUAREFOOT
Oct2015:$237,Up0.3%MTM,Up2.8%YTY
$0
$50
$100
$150
$200
$250
$300
$350
$400
J
a
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0
7
A
p
r
0
7
J
u
l
0
7
O
c
t
0
7
J
a
n
0
8
A
p
r
0
8
J
u
l
0
8
O
c
t
0
8
J
a
n
0
9
A
p
r
0
9
J
u
l
0
9
O
c
t
0
9
J
a
n
1
0
A
p
r
1
0
J
u
l
1
0
O
c
t
1
0
J
a
n
1
1
A
p
r
1
1
J
u
l
1
1
O
c
t
1
1
J
a
n
1
2
A
p
r
1
2
J
u
l
1
2
O
c
t
1
2
J
a
n
1
3
A
p
r
1
3
J
u
l
1
3
O
c
t
1
3
J
a
n
1
4
A
p
r
1
4
J
u
l
1
4
O
c
t
1
4
J
a
n
1
5
A
p
r
1
5
J
u
l
1
5
O
c
t
1
5
PRICEPERSQ.FT.
SERIES:MedianPricePerSquareFeetSOURCE:CALIFORNIAASSOCIATIONOFREALTORS
-
SALESTOLISTRATIO
Oct2015:98.2%,Down0.3%MTM,Up0.7%YTY
98.2%
86%
88%
90%
92%
94%
96%
98%
100%
102%
J
a
n
0
7
A
p
r
0
7
J
u
l
0
7
O
c
t
0
7
J
a
n
0
8
A
p
r
0
8
J
u
l
0
8
O
c
t
0
8
J
a
n
0
9
A
p
r
0
9
J
u
l
0
9
O
c
t
0
9
J
a
n
1
0
A
p
r
1
0
J
u
l
1
0
O
c
t
1
0
J
a
n
1
1
A
p
r
1
1
J
u
l
1
1
O
c
t
1
1
J
a
n
1
2
A
p
r
1
2
J
u
l
1
2
O
c
t
1
2
J
a
n
1
3
A
p
r
1
3
J
u
l
1
3
O
c
t
1
3
J
a
n
1
4
A
p
r
1
4
J
u
l
1
4
O
c
t
1
4
J
a
n
1
5
A
p
r
1
5
J
u
l
1
5
O
c
t
1
5
SalestoListPriceRatio
SERIES:SalestoListRatioSOURCE:CALIFORNIAASSOCIATIONOFREALTORS
-
DEMANDOUTPACINGSUPPLYINSOCALANDCENTRALVALLEY
9%
1%
5%4%
10%
6%
20%
10%
0%
10%
SanFranciscoBayArea SouthernCalifornia CentralValley
Sales ActiveListingsYeartoYear%Chg
SOURCE:CALIFORNIAASSOCIATIONOFREALTORS
Oct2015
