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Friday, September 18th, 2009 at 5:25 AM

More Data!

Altos Research, a real estate statistics company from the Bay Area, has agreed to let us use their data gathering and reporting for specific zip codes in the North SD County Coastal region.

It might take a rocket scientist to make sense of it, but if ’Market Action Index per Quartile’ sounds interesting to you, then click on your favorite area below – for the week beginning 9/14:

Carlsbad 92009
Carlsbad 92011
Encinitas 92024
La Jolla 92037
Rancho Santa Fe 92067
Carmel Valley 92130
Oceanside 92057

Their opinions sound like they came straight from the ivory tower, but their graphs are better-looking than mine.

Posted on Friday, September 18th, 2009 at 5:25 AM in Altos Research, Thinking of Buying?, Thinking of Selling? | 13 Comments » | Email Email | Print Print You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

Reader Comments: 13 Responses

  1. Excellent data. Thank you

    Knockout | September 18th, 2009 at 7:24 am

  2. What on earth happened in zip 92009 during April 2009 that caused the inventory of properties listed for sale to suddenly drop so dramatically?

    househippie | September 18th, 2009 at 8:29 am

  3. What is the Market Action index? I don’t like drawing conclusions from things that I don’t even know what they are.

    What’s up with Oceanside having a way longer DOM for the lowest quintile? That seems odd.

    cara | September 18th, 2009 at 8:48 am

  4. What on earth happened in zip 92009 during April 2009 that caused the inventory of properties listed for sale to suddenly drop so dramatically?

    Could it be that’s when Sandicor added the “contingent” status?

    JordanT | September 18th, 2009 at 9:32 am

  5. I didn’t know Encinitas was so expensive?

    Jack | September 18th, 2009 at 9:39 am

  6. Jim,
    good format and data. Thanks for sharing.

    ravinos | September 18th, 2009 at 9:41 am

  7. Jordan T – you are correct in your response to househippie’s question.

    It’s when the MLS created the contingent category and all the short sales with buyers awaiting lender approval got taken out of the active listing bin.

    Jim the Realtor | September 18th, 2009 at 11:07 am

  8. Jim–I question their figures–It looked fishy to me that the Average DOM for 92009 was 133. As of today, the MLS shows 122 active detached listings in 92009 for an Average DOM of 74 days–I know that info was for the week of 9/14, but it seems impossible to decrease that much!

    Local Boy | September 18th, 2009 at 12:00 pm

  9. I love the granular data – awesome!

    LOL, I’m in the Encinitas bottom 4th quartile, flatlined at approx $334/sq ft at 11% loss from the peak. Coming this winter we are going to tank as expected; however, I’m not confident SP will bounce back up in Spring given the number of REO around the corner. But, if the lower end market in Oceanside is still strong, then Encinitas can enjoy a 2 – 2.5X premium – generally speaking.

    3clicks from da beach | September 18th, 2009 at 12:10 pm

  10. Is there one available for Vista? 92081

    Jason | September 18th, 2009 at 12:51 pm

  11. 92014 feels left out in the cold.

    Nice data though!

    Does Encinitas data include Leucadia or Cardiff as well?

    Genius | September 18th, 2009 at 2:12 pm

  12. cara and local boy – agreed that the DOM is fishy, even with condos added in. I’ll check more.

    I’m paying for the stats by zip code, so I went with the larger areas. Del Mar, Solana, etc. are too small to have solid, non-noisy data.

    Jim the Realtor | September 18th, 2009 at 3:48 pm

  13. I also noticed the DOM for oceanside was weird. seems like the lower quintile should have less and the higher quintile should have more, but the graph shows the opposite. Maybe the real dumps in the worst areas are actually sitting there longer? I wouldn’t think so based on Jim’s coverage of the flippers in oside.

    osidebuyer | September 18th, 2009 at 7:42 pm

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