January 2015

MARKET ACTION REPORT

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

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

Trending Versus*:

Market Profile & Trends Overview

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

Month

LM

L3M PYM

Trending Versus*:

LY

$799,000
$1,297,239
$633,750
$696,725
82
20
107
$470
$416
4.1
95.8%

YTD

PriorYTD

PriorYear

$633,750
$696,725
20
107
$470
$416
4.1
95.1%

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

Property Sales
January Property sales were 20, up 25.0% from 16 in January of 2014 and -4.8% lower than the 21 sales last month. January 2015 sales were at a mid level
compared to January of 2014 and 2013. January YTD sales of 20 are running 25.0% ahead of last year's year-to-date sales of 16.

Prices
The Median Sales Price in January was $633,750, up 7.9% from $587,500 in January of 2014 and up 20.7% from $525,000 last month. The Average Sales
Price in January was $696,725, up 10.1% from $633,000 in January of 2014 and down -1.3% from $705,613 last month. January 2015 ASP was at highest
level compared to January of 2014 and 2013.

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 2/1/2012 through 1/31/2015. 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.

January 2015

MARKET ACTION REPORT

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

City: Monterey
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 January was 82, down -7.9% from 89 last month and up 9.3% from 75 in January of last year. January
2015 Inventory was at a mid range compared to January of 2014 and 2013.
A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers. The January 2015 MSI of 4.1 months was at a mid range
compared with January of 2014 and 2013.

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 January was 107, up 15.1% from 93 days
last month and up 44.6% from 74 days in January of last year. The January 2015 DOM was at its highest level compared with January of 2014 and 2013.

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 January 2015 Selling Price per Square Foot of $416 was up 4.3% from $399 last month and up 14.0% from $365 in January 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 2/1/2012 through 1/31/2015. 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.

January 2015

MARKET ACTION REPORT

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

City: Monterey
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 January 2015 Selling Price vs List Price of 95.8% was up
from 94.1% last month and down from 97.4% in January 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 January 2015 was 29, up 262.5% from 8 last month
and up 20.8% from 24 in January 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 2/1/2012 through 1/31/2015. 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.

January 2015

MARKET ACTION REPORT

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

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

F 12
24

Homes Sold
3 Mo. Roll Avg
(000's)

M
26

A
28
26

M
26
27

J
25
26

J
22
24

A
24
24

S
24
23

O
25
24

N
21
23

D J 13
27 25
24 24

F
18
23

M
26
23

A
28
24

M
28
27

J
26
27

J
24
26

A
32
27

S
28
28

O
23
28

N
25
25

D J 14
26 16
25 22

F
16
19

M
18
17

A
22
19

M
32
24

J
18
24

J
17
22

A
19
18

S
27
21

O
27
24

N
23
26

D J 15
21 20
24 21

MedianSalePrice
3 Mo. Roll Avg

F 12 M
A M
J
J
A
S
O
N
D J 13
F M
A M
J
J
A
S
O
N
D J 14
F M
A M
J
J
A
S
O
N
D J 15
435 491 478 364 395 423 456 458 480 545 408 480 433 472 475 597 548 552 600 648 595 540 510 588 556 600 573 624 476 762 580 649 725 640 525 634
468 444 412 394 425 445 465 494 478 478 440 461 460 514 540 565 566 600 614 594 548 546 551 581 576 599 558 621 606 664 651 671 630 600

Inventory
MSI

F 12 M
A M
J
J
A
S
O
N
115 104 107 109 114 114 118 106 110 102
5
4
4
4
5
5
5
4
4
5

D J 13
82 88
3
4

F 12
81

D J 13
F
86 76 131
83 87 98

Days On Market
3 Mo. Roll Avg

M
88

A
93
87

M
57
79

J
75
75

J
79
70

A
60
71

S
87
75

O
65
71

N
99
84

F
86
5

M
A M
J
J
A
S
98 101 104 114 109 108 108
4
4
4
4
5
3
4

O
98
4

N
93
4

D J 14
75 75
3
5

F
80
5

M
96
5

A M
J
J
A
S
O
N
93 100 113 111 120 126 124 110
4
3
6
7
6
5
5
5

D J 15
89 82
4
4

M
67
91

O
62
65

N
80
68

D J 14
76 74
73 77

F
63
71

M
73
70

A
75
70

D J 15
93 107
73 88

A
53
84

M
72
64

J
49
58

J
58
60

A
71
59

S
62
64

M
45
64

J
45
55

J
78
56

A
75
66

S
55
69

O
63
64

N
63
60

F 12 M
A M
J
J
A
S
O
N
D J 13
F M
A M
J
J
A
S
O
N
D J 14
F M
A M
J
J
A
S
O
N
D J 15
270 339 303 302 294 297 346 340 323 329 316 286 311 344 304 396 356 384 351 408 423 379 376 365 394 414 395 413 392 438 402 409 451 439 399 416
304 315 300 298 312 328 336 331 323 310 304 314 320 348 352 379 364 381 394 403 393 373 378 391 401 407 400 414 411 416 421 433 430 418

Price per Sq Ft
3 Mo. Roll Avg

F 12

D J 13

D J 14

D J 15

Sale to List Price

3 Mo. Roll Avg

0.982 0.965 0.982 0.985 0.973 0.977 0.969 0.965 0.955 0.956 0.981 0.988 0.995 0.974 0.982 0.993 0.988 0.982 0.993 0.979 0.982 0.974 0.964 0.974 0.979 0.987 1.007 0.975 0.964 0.959 0.971 0.992 0.972 0.995 0.941 0.958
0.976 0.977 0.980 0.978 0.973 0.970 0.963 0.959 0.964 0.975 0.988 0.986 0.984 0.983 0.988 0.988 0.988 0.985 0.985 0.978 0.973 0.971 0.972 0.980 0.991 0.990 0.982 0.966 0.965 0.974 0.978 0.986 0.969 0.965

New Listings
Inventory
Sales

F 12 M
A M
J
J
A
S
O
N
45 27 31 34 39 34 32 27 25 29
115 104 107 109 114 114 118 106 110 102
24 26 28 26 25 22 24 24 25 21
(000's)

Avg Sale Price

3 Mo. Roll Avg

D J 13
15 31
82 88
27 25

F
32
86
18

M
A M
J
J
A
S
38 33 36 34 37 39 35
98 101 104 114 109 108 108
26 28 28 26 24 32 28

O
22
98
23

N
20
93
25

D J 14
16 24
75 75
26 16

F
28
80
16

M
43
96
18

A M
J
J
A
S
O
N
40 32 38 33 40 42 30 20
93 100 113 111 120 126 124 110
22 32 18 17 19 27 27 23

D J 15
8 29
89 82
21 20

F 12 M
A M
J
J
A
S
O
N
D J 13
F M
A M
J
J
A
S
O
N
D J 14
F M
A M
J
J
A
S
O
N
D J 15
380 699 545 535 578 393 567 531 660 610 463 514 525 586 513 698 616 616 651 732 696 685 693 633 610 672 580 755 726 874 823 884 782 737 706 697
541 593 553 502 513 497 586 601 578 529 501 541 541 599 609 644 628 666 693 704 691 670 645 638 621 669 687 785 808 860 829 801 742 713

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 2/1/2012 through 1/31/2015. 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.