MARKET ACTION REPORT

Nicole Truszkowski

October 2013
Sales Associate (831) 238-7449 (831) 624-2457 Nicole.Truszkowski@sothebyshomes.com

City: Big Sur Coast

Price Range: $0 to $999,999,000 | Properties: Single Family Home, Townhome, Condo

Trending Versus*:

Trending Versus*:

Market Profile & Trends Overview

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

Month
$2,112,500 $2,974,111 $400,000 $400,000 18 1 77 $866 $495 18.0 78.0%

LM

L3M PYM

LY

YTD

PriorYTD

PriorYear

$871,250 $1,253,550 10 323 $1,406 $893 11.4 89.2%

* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year / YTD = Year-to-date

Property Sales
October Property sales were 1, equal to 0 in October of 2012 and -50.0% lower than the 2 sales last month. October 2013 sales were at a mid level compared to October of 2012 and 2011. October YTD sales of 10 are running 100.0% ahead of last year's year-to-date sales of 5.

Prices
The Median Sales Price in October was $400,000, equal to $0 in October of 2012 and down -73.2% from $1,494,500 last month. The Average Sales Price in October was $400,000, equal to $0 in October of 2012 and down -73.2% from $1,494,500 last month. October 2013 ASP was at a mid range compared to October of 2012 and 2011.

Sotheby's International Realty is a registered trademark licensed to Sotheby's International Realty Affiliates LLC. Operated by Sotheby's International Realty, Inc. Based on information from MLSListings, Inc for the period 11/1/2010 through 10/31/2013. Due to MLS reporting methods and allowable reporting policy, this data is only informational and may not be completely accurate. Therefore, Sotheby's Residential Brokerage does not guarantee the data accuracy. Data maintained by the MLS's may not reflect all real estate activity in the market.

MARKET ACTION REPORT

Nicole Truszkowski

October 2013
Sales Associate (831) 238-7449 (831) 624-2457 Nicole.Truszkowski@sothebyshomes.com

City: Big Sur Coast

Price Range: $0 to $999,999,000 | Properties: Single Family Home, Townhome, Condo

Inventory & MSI

The Total Inventory of Properties available for sale as of October was 18, up 5.9% from 17 last month and down -28.0% from 25 in October of last year. October 2013 Inventory was at the lowest level compared to October of 2012 and 2011. A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers. The October 2013 MSI of 18.0 months was at a mid range compared with October of 2012 and 2011.

Market Time
The average Days On Market(DOM) shows how many days the average Property is on the Market before it sells. An upward trend in DOM tends to indicate a move towards more of a Buyer's market, a downward trend a move towards more of a Seller's market. The DOM for October was 77, down -50.3% from 155 days last month and equal to 0 days in October of last year. The October 2013 DOM was at its highest level compared with October of 2012 and 2011.

Selling Price per Square Foot

The Selling Price per Square Foot is a great indicator for the direction of Property values. Since Median Sales Price and Average Sales price can be impacted by the 'mix' of high or low end Properties in the market, the selling price per square foot is a more normalized indicator on the direction of Property values. The October 2013 Selling Price per Square Foot of $495 was down -31.3% from $721 last month and equal to $0 in October of last year.

Sotheby's International Realty is a registered trademark licensed to Sotheby's International Realty Affiliates LLC. Operated by Sotheby's International Realty, Inc. Based on information from MLSListings, Inc for the period 11/1/2010 through 10/31/2013. Due to MLS reporting methods and allowable reporting policy, this data is only informational and may not be completely accurate. Therefore, Sotheby's Residential Brokerage does not guarantee the data accuracy. Data maintained by the MLS's may not reflect all real estate activity in the market.

MARKET ACTION REPORT

Nicole Truszkowski

October 2013
Sales Associate (831) 238-7449 (831) 624-2457 Nicole.Truszkowski@sothebyshomes.com

City: Big Sur Coast

Price Range: $0 to $999,999,000 | Properties: Single Family Home, Townhome, Condo

Selling Price vs Listing Price

The Selling Price vs Listing Price reveals the average amount that Sellers are agreeing to come down from their list price. The lower the ratio is below 100% the more of a Buyer's market exists, a ratio at or above 100% indicates more of a Seller's market. The October 2013 Selling Price vs List Price of 78.0% was down from 91.1% last month and equal to 0.0% in October of last year.

Inventory / New Listings / Sales

'This last view of the market combines monthly inventory of Properties for sale along with New Listings and Sales. The graph shows the basic annual seasonality of the market as well as the relationship between these items. The number of New Listings in October 2013 was 4, equal to 0 last month and up 33.3% from 3 in October of last year.

Sotheby's International Realty is a registered trademark licensed to Sotheby's International Realty Affiliates LLC. Operated by Sotheby's International Realty, Inc. Based on information from MLSListings, Inc for the period 11/1/2010 through 10/31/2013. Due to MLS reporting methods and allowable reporting policy, this data is only informational and may not be completely accurate. Therefore, Sotheby's Residential Brokerage does not guarantee the data accuracy. Data maintained by the MLS's may not reflect all real estate activity in the market.

MARKET ACTION REPORT

Nicole Truszkowski

October 2013
Sales Associate (831) 238-7449 (831) 624-2457 Nicole.Truszkowski@sothebyshomes.com

City: Big Sur Coast

Price Range: $0 to $999,999,000 | Properties: Single Family Home, Townhome, Condo
Homes Sold 3 Mo. Roll Avg
(000's)

N 10 0

D J 11 0 0 0

F 1 0

M 1 1 M

A 0 1 A

M 2 1 M

J 0 1

J 1 1

A 0 0

S 0 0

O 1 0

N 1 1

D J 12 1 0 1 1

F 1 1

M 0 0

A 1 1

M 0 0

J 2 1

J 0 1

A 1 1

S 0 0

O 0 0

N 0 0 N 0 0 N 22 0

D J 13 2 1 1 1 D J 13

F 0 1 F

M 2 1 M

A 0 1

M 1 1

J 2 1

J 1 1 J

A 0 1 A

S 2 1 S

O 1 1 O 400 632 O 18 18 O 77 77

MedianSalePrice 3 Mo. Roll Avg

N 10 0

D J 11 F 0 0 430 0 143 D J 11 45 41 0 0 D J 11 0 0 0 F 41 41

3,800 0 285 1,410 1,410 1,362

J J A S O N D J 12 F M A M J J A S O 0 500 0 0 410 425 1,050 0 985 0 1,650 0 913 0 480 0 0 95 262 167 167 137 278 628 492 678 328 878 550 854 304 464 160 160 J 34 0 J 36 36 A 37 0 S 38 0 O 35 35 N 34 34 D J 12 35 31 35 0 F 32 32 M 35 0 A 33 33 M 29 0 J 26 13 J 31 0 A 31 31 S 26 0 O 25 0

3,750 300 0 1,196 1,250 1,350 1,350 499

A M J 0 1,598 553 399 931 717 A 23 0 M 24 24 J 24 12

3,750 0 1,495 1,967 1,434 1,748

Inventory MSI

N 10 43 0 N 10 0

M 40 40

A 37 0

M 35 18

D J 13 18 21 9 21

F 20 0

M 23 12

J 19 19

A 20 0

S 17 9

Days On Market 3 Mo. Roll Avg

F M A M 95 692 0 128 32 262 262 273

J J A S 0 1,022 0 0 43 383 341 341

O N D J 12 F M A M J 7 133 333 0 410 0 311 0 56 2 47 158 155 248 137 240 104 122 F
2,189 1,052

J A S O 0 1,095 0 0 19 384 365 365 S 0 80 S O 0 80 O

N D J 13 F M A M J J 0 327 439 0 778 0 439 143 123 0 109 255 255 406 259 406 194 235

A S 0 155 89 93

Price per Sq Ft 3 Mo. Roll Avg

N 10 0

D J 11 F M A M 0 0 672 2,045 0 180 0 224 906 906 742 D J 11 F M A M

J J A S O N D J 12 0 417 0 0 512 319 968 0 60 199 139 139 171 277 600 429 J J A S O N D J 12

M 0 730 M

A
1,185 1,125

M J J A 0 879 0 240 395 688 293 373 M J J A

N D J 13 F M A M J J A S O 0 1,128 600 0 1,531 0 1,211 482 1,157 0 721 495 0 376 576 576 710 510 914 564 950 546 626 405 N D J 13 F M A M J J A S O

N 10 Sale to List Price 3 Mo. Roll Avg

0.000 0.000 0.000 0.862 0.768 0.000 1.000 0.000 0.909 0.000 0.000 0.954 0.859 0.858 0.000 0.563 0.000 0.835 0.000 0.870 0.000 0.970 0.000 0.000 0.000 0.861 0.938 0.000 0.911 0.000 0.801 0.968 0.949 0.000 0.911 0.780 0.000 0.287 0.543 0.543 0.589 0.333 0.636 0.303 0.303 0.318 0.604 0.890 0.572 0.474 0.188 0.466 0.278 0.568 0.290 0.613 0.323 0.323 0.000 0.287 0.600 0.600 0.616 0.304 0.571 0.590 0.906 0.639 0.620 0.564

New Listings Inventory Sales

(000's)

N 10 4 43 0 N 10 0

D J 11 4 2 45 41 0 0

F 3 41 1

M 4 40 1 M

A 2 37 0 A

M 2 35 2 M

J 2 34 0

J 2 36 1

A 3 37 0

S 2 38 0

O 4 35 1

N 0 34 1

D J 12 1 2 35 31 1 0

F 3 32 1

M 4 35 0

A 2 33 1

M 1 29 0

J 1 26 2

J 6 31 0

A 1 31 1

S 1 26 0

O 3 25 0

N 1 22 0 N 0 0

D J 13 0 3 18 21 2 1 D J 13

F 3 20 0 F

M 4 23 2 M

A 3 23 0

M 3 24 1

J 2 24 2

J 0 19 1 J

A 4 20 0 A

S 0 17 2 S

O 4 18 1 O 400 632

Avg Sale Price 3 Mo. Roll Avg

D J 11 F 0 0 430 0 143

3,800 0 285 1,410 1,410 1,362

J J A S O N D J 12 F M A M J J A S O 0 500 0 0 410 425 1,050 0 985 0 1,650 0 913 0 480 0 0 95 262 167 167 137 278 628 492 678 328 878 550 854 304 464 160 160

3,750 300 0 1,196 1,250 1,350 1,350 499

A M J 0 1,598 553 399 931 717

3,750 0 1,495 1,967 1,434 1,748

Sotheby's International Realty is a registered trademark licensed to Sotheby's International Realty Affiliates LLC. Operated by Sotheby's International Realty, Inc. Based on information from MLSListings, Inc for the period 11/1/2010 through 10/31/2013. Due to MLS reporting methods and allowable reporting policy, this data is only informational and may not be completely accurate. Therefore, Sotheby's Residential Brokerage does not guarantee the data accuracy. Data maintained by the MLS's may not reflect all real estate activity in the market.