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MARKET ACTION REPORT

November 2012
Nicole Truszkowski
Broker Associate 831-238-7449 www.estatesofcarmel.com
email: nicole@estatesofcarmel.com

City: Big Sur Coast


Price Range: All | Properties: Single Family - Condo - TwnHm

Trending versus*:

Trending versus*:
LY

Market Profile & Trends Overview


Median List Price of all Current Listings Average List Price of all Current Listings November Median Sales Price November Average Sales Price Total Properties Currently for Sale (Inventory) November Number of Properties Sold November Average Days on Market (Solds) Asking Price per Square Foot (based on New Listings) November Sold Price per Square Foot November Month's Supply of Inventory November Sale Price vs List Price Ratio

Month
$2,495,000 $2,747,435 $0 $0 23 0 0 $1,198 $0 0.0 0.0%

LM

L3M PYM

YTD

Prior YTD

Prior Year

$985,000 $988,140 5 385 $1,105 $1,075 27.9 78.6%


Number of Properties Sold
3 Mo Avg

* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2011) / YTD = Year-to-date | Arrows indicate if Month / YTD values are higher (up), lower (down) or unchanged (flat)

Property Sales
November Property sales were 0, down 100.0% from 1 in November of 2011 and higher than the 0 sales last month. November 2012 sales were at their lowest level compared to November of 2011 and 2010. November YTD sales of 5 are running 28.6% behind last year's year-to-date sales of 7.

3 2 2 1 1 0

D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N 09 10 11 12

Prices
The Median Sales Price in November was $0, down 100.0% from $425,000 in November of 2011 and up from $0 last month. The Average Sales Price in November was $0, down 100.0% from $425,000 in November of 2011 and up from $0 last month. November 2012 ASP was at a mid range compared to November of 2011 and 2010.

(000's)

5,200 4,200 3,200 2,200 1,200 200


D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N 09 10 11 12

Inventory & MSI


The Total Inventory of Properties available for sale as of November was 23, down 11.5% from 26 last month and down 34.3% from 35 in November of last year. November 2012 Inventory was at its lowest level compared with November of 2011 and 2010.

A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers. The November 2012 MSI of 0.0 months was at a mid level compared with November of 2011 and 2010.

50 45 40 35 30 25 20 15 10 5 0

D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N 09 10 11 12

Copyright Sothebys International Realty | Price Range: All | Property Types: Single Family - Condo - TwnHm
Data is provided courtesy of MLS Listings Inc. and may not reflect all relevant real estate activity. Sothebys International Realty does not warrant or guarantee the accuracy of this information. It is the responsibility of any buyer or seller to verify any and all information relevant to such consumers real estate transaction.

45 47 46 43 45 44 46 42 42 41 38 36 35 37 38 39 36 35 36 32 33 36 34 30 27 32 31 27 26 23

36 34 35 38 38 40

0 2 0 0 0 1 0 0 1 1 0 0 0 0 1 1 0 2 0 1 0 0 1 1 1 0 1 0 1 0 2 0 1 0 0 0

Median Sales Price and Average Sales Price


Median means Middle (the same # of properties sold above and below the Median) 3 Mo Avg

Total Inventory & Month's Supply of Inventory (MSI)


MSI is the # of month's needed to sell all of the Inventory at the monthly Sales Pace

50 45 40 35 30 25 20 15 10 5 0