Rio Vista Isles Market Analysis

Rio VistaIsles Market Analysis

Closed Sale Value trailing-12 months INCLINED by PRICE 6.39% to $2,148,085 from $2,018,988; INCLINED by LOT 6.94% to $182.55 from $170.70; INCLINED by LIVING 5.31% to $564.33 from $535.87, and: INCLINED by WATERFRONT 10.96% to $25,046 from $22,572. 

However, CAUTION: Closed Sale Value trailing-six months DECLINED by PRICE (7.37%), DECLINED by LOT (6.91%), DECLINED by LIVING (2.31%), and; DECLINED by WATERFRONT (15.71%). 

Closings frequency: 41 closings trailing-36 months; 29 closings trailing-24; 17 closings trailing-12, and; 11 closings trailing-six. 

No properties are pending sale.

ANNUAL RENT trailing-12 DECLINED 13.19% to $56,300 from $64,860 which INCLINED PRICE/RENT RATIO (38.15).  Rental Closings frequency: 15 closings trailing-36, 10 closings trailing-24, and; six closings trailing-12.

MACRO Trend Line Post Trough Low Closed Sale Price/LOT $140 (LOW $53.94, June 2011) to $180 (Last Closed Sale $132.00, May 2015).

MICRO CLOSED SALES DATA trailing-36 Closed Sales/Trail-12 Closed Sale Values: Rank by DOCK-FACING DIRECTION: by PRICE—S W E N; by LOT—W S E N; by LIVING—N W S E; by WATERFRONT—E W S N, and; by DOM—W N E S.

MICRO CLOSED SALES DATA trailing-36 Closed Sales/Trail-12 Closed Sale Values: DOCK-FACING DIRECTION UNDERMARKET: WEST by PRICE—1/3, by LOT—1/3, by LIVING—1/3, by WATER—1/3, by PRICE/RENT—0/3; SOUTH by PRICE—9/15, by LOT—8/15, by LIVING—10/15, by WATER—10/15, by PRICE/RENT—1/15; EAST by PRICE—3/5, by LOT—4/5, by LIVING—5/5, by WATER—2/5, by PRICE/RENT—0/5; NORTH by PRICE—13/18, by LOT—13/18, by LIVING—6/18, by WATER—14/18, by PRICE/RENT—1/18.  SUMMARY UNDERMARKET SHARE:  WEST 27%; SOUTH 51%; EAST 56%; NORTH 52%.

MICRO CLOSED SALES DATA trailing-36 Closed Sales/Trail-12 Closed Sale Values TRENDLINE: WEST INCLINE; SOUTH INCLINE; EAST INCLINE; NORTH INCLINE.

CURRENT INVENTORY: 12 listings.  UNDER MARKET: 9/60 SHARE 15.00%.