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TrendVision

Published July 2021*

Location:	Fair Oaks
Price Range:	$0 - No Limit
SQFT Range:	0 - No Limit
Property Types:	Single Family Homes - Non REO, Non Short Sale - All Properties
Bedrooms:	0 - No Limit
Full Baths:	0 - No Limit
Half Baths:	0 - No Limit
Year Built:	0 - No Limit

Prepared for you by: Jay Emerson

Number of Homes For Sale vs. Sold vs. Pended vs. New Listing - May. 2020 - Jul. 2021 (Preliminary)

	Curnt vs. Prev Month			Curnt vs. Same Month 1 Yr Ago			Curnt vs. Same Qtr 1 Yr Ago
	Jul. 21	Jun. 21	% Change	Jul. 21	Jul. 20	% Change	May. 21 to Jul. 21	May. 20 to Jul. 20	% Change
For Sale	60	39	53.8%	60	57	5.3%	60	57	5.3%
New Listing	78	81	-3.7%	78	72	8.3%	234	216	8.3%
Sold	58	66	-12.1%	58	73	-20.5%	189	161	17.4%
Pended	63	66	-4.5%	63	70	-10%	193	194	0.5%

July 2021 is a Seller's market**
Home For Sale in July 2021 is 60 units. It is up 53.8% compared to last month and up 5.3% compared to last year.
Home Listed in July 2021 is 78 units. It is down 3.7% compared to last month and up 8.3% compared to last year.
Home Closed in July 2021 is 58 units. It is down 12.1% compared to last month and down 20.5% compared to last year.
Home Placed under Contract in July 2021 is 63 units. It is down 4.5% compared to last month and down 10% compared to 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.

Date	5/20	6/20	7/20	8/20	9/20	10/20	11/20	12/20	1/21	2/21	3/21	4/21	5/21	6/21	7/21
For Sale	92	77	57	55	53	55	37	29	23	27	31	35	43	39	60
New Listing	68	76	72	71	84	84	43	37	38	44	65	75	75	81	78
Sold	36	52	73	69	64	73	68	58	39	35	43	51	65	66	58
Pended	49	75	70	62	72	77	55	30	37	42	43	70	64	66	63
Months of Inventory (Closed Sales)	2.6	1.5	0.8	0.8	0.8	0.8	0.5	0.5	0.6	0.8	0.7	0.7	0.7	0.6	1
Months of Inventory (Pended Sales)	1.9	1	0.8	0.9	0.7	0.7	0.7	1	0.6	0.6	0.7	0.5	0.7	0.6	1
Absorption Rate (Closed Sales) %	39.1	67.5	128.1	125.5	120.8	132.7	183.8	200	169.6	129.6	138.7	145.7	151.2	169.2	96.7
Absorption Rate (Pended Sales) %	53.3	97.4	122.8	112.7	135.8	140	148.6	103.4	160.9	155.6	138.7	200	148.8	169.2	105
Avg. Active Price	622	666	691	671	686	682	715	843	781	744	953	833	826	721	729
Avg. Sold Price	459	522	513	543	575	541	589	559	619	587	623	613	672	646	664
Avg. Sq. Ft. Price (Sold)	268	249	261	257	267	263	274	265	256	286	284	313	310	311	323
Sold/List Diff. %	100	99	100	100	101	101	101	101	100	102	103	105	103	102	104
Sold/Orig LP Diff. %	97	97	98	98	99	100	100	100	99	102	102	104	102	100	103
Avg Days on Market	23	26	24	40	19	17	18	18	32	24	19	12	11	14	9
Avg CDOM	29	27	27	42	33	25	22	20	37	29	21	14	11	15	11
Median Active Price	597	640	672	600	639	650	660	750	675	675	779	660	690	699	699
Median Sold Price	418	485	485	536	561	485	552	520	565	560	602	580	602	620	632

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*All reports are published July 2021, based on data available at the end of June 2021, except for the today’s 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.