Mountain House Real Estate Market Trends March 2016

Number of Homes For Sale vs. Sold vs. Pended vs. New Listing (Jan. 2015 - Mar. 2016)

March 2016 is a Seller's market** Home For Sale in March 2016 is 47 units. It is up 27% compared to the last month and up 62.1% compared to the last year. Home Listed in March 2016 is 39 units. It is up 50% compared to the last month and up 5.4% compared to the last year. Home Closed in March 2016 is 17 units. It is down 5.6% compared to the last month and down 50% compared to the last year. Home Placed under Contract in March 2016 is 26 units. It is down 18.7% compared to the last month and down 29.7% compared to the last year. **Buyer's market: more than 6 months of inventory based on closed sales. Seller's market: less than 3 months of inventory based on closed sales. Neutral market: 3 - 6 months of inventory based on closed sales.

Average Price per SQFT (Sold) (Jan. 2015 - Mar. 2016)

March 2016 Average Sold Price per Square Footage is Appreciating** Average Sold Price per Square Footage in March 2016 is $215. It is up 3.9% compared to the last month and up 8.6% compared to the last year. **Based on 6 month trend - Appreciating/Depreciating/Neutral.

Avg CDOM & SP/Orig LP % (Jan. 2015 - Mar. 2016)

March 2016 Average Continuous Days on Market trend is Falling** Continuous Days on Market in March 2016 is 15. It is down 55.9% compared to the last month and down 65.9% compared to the last year. March 2016 Sold/Original List Price Ratio is Rising** Sold/Original List Price % in March 2016 is 100%. It is up 1% compared to the last month and up 1% compared to the last year. **Based on 6 month trend - Rising/Falling/Remains Steady.

*All reports are published April 2016, based on data available at the end of March 2016, except for the today stats. All reports presented are based on data supplied by the MetroList MLS. The MetroList MLS does not guarantee or is not in anyway responsible for its accuracy. Data maintained by the MetroList MLS may not reflect all real estate activities in the market. Information deemed reliable but not guaranteed.