June 2015

MARKET ACTION REPORT

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

City: Carmel, Carmel By The

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

Month

LM

L3M PYM

Trending Versus*:

LY

$1,749,000
$2,997,044
$967,500
$1,274,553
177
32
71
$796
$698
5.5
96.3%

YTD

PriorYTD

PriorYear

$1,084,000
$1,390,536
194
99
$809
$681
5.4
94.8%

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

Property Sales
June Property sales were 32, down -3.0% from 33 in June of 2014 and -8.6% lower than the 35 sales last month. June 2015 sales were at a mid level compared
to June of 2014 and 2013. June YTD sales of 194 are running -4.9% behind last year's year-to-date sales of 204.

Prices
The Median Sales Price in June was $967,500, down -30.3% from $1,387,500 in June of 2014 and down -12.0% from $1,100,000 last month. The Average
Sales Price in June was $1,274,553, down -17.0% from $1,535,403 in June of 2014 and down -8.0% from $1,386,071 last month. June 2015 ASP was at a mid
range compared to June 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 7/1/2012 through 6/30/2015. 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.

June 2015

MARKET ACTION REPORT

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

City: Carmel, Carmel By The

Sea
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 June was 177, up 3.5% from 171 last month and down -11.5% from 200 in June of last year. June
2015 Inventory was at the lowest level compared to June of 2014 and 2013.
A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers. The June 2015 MSI of 5.5 months was at its lowest level
compared with June 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 June was 71, down -42.7% from 124 days
last month and down -31.1% from 103 days in June of last year. The June 2015 DOM was at its lowest level compared with June 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 June 2015 Selling Price per Square Foot of $698 was up 4.3% from $669 last month and up 0.9% from $692 in June 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 7/1/2012 through 6/30/2015. 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.

June 2015

MARKET ACTION REPORT

Nicole Truszkowski

City: Carmel, Carmel By The

Sea

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

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 June 2015 Selling Price vs List Price of 96.3% was down
from 96.8% last month and up from 95.8% in June 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 June 2015 was 61, up 17.3% from 52 last month and
up 35.6% from 45 in June 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 7/1/2012 through 6/30/2015. 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.

June 2015

MARKET ACTION REPORT

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

City: Carmel, Carmel By The Sea

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

J 12
25

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

A
43

S
37
35

O
33
38

N
29
33

D J 13
29 19
30 26

F
22
23

M
47
29

M
52
48

J
30
42

J
35
39

A
34
33

S
29
33

O
24
29

D J 14
43 22
30 29

F
34
33

M
34
30

A
34
34

M
47
38

J
33
38

J
40
40

A
40
38

S
25
35

O
39
35

N
22
29

D J 15
23 22
28 22

F
30
25

M
42
31

A
33
35

M
35
37

J
32
33

D J 14

D J 15

J 12
A
S
O
N
700 796 801 980 880
766 859 887

Inventory
MSI

J 12
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
F M
A M
J
259 258 240 234 211 195 197 180 174 175 192 199 215 222 223 199 182 178 193 192 193 187 195 200 178 190 182 184 173 163 164 177 162 164 171 177
10
6
6
7
7
7 10
8
4
4
4
7
6
7
8
8
8
4
9
6
6
6
4
6
4
5
7
5
8
7
7
6
4
5
5
6

Days On Market
3 Mo. Roll Avg

J 12
A
S
O
N
D J 13
F M
A
186 211 105 139 74 137 118 112 100 114
167 152 106 117 110 122 110 109

Price per Sq Ft
3 Mo. Roll Avg

J 12
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
F M
A M
J
516 539 553 572 564 655 672 596 634 715 593 713 598 603 687 630 859 644 794 702 664 739 689 692 700 628 785 797 876 702 596 768 648 693 669 698
536 555 563 597 630 641 634 648 647 674 635 638 629 640 725 711 766 713 720 702 697 707 694 673 704 737 819 792 725 689 671 703 670 687
A

1,325
1,062

D J 13

1,138 961 915 1,115

1,029 1,041 1,005 997

M
76
97

J
J
99 108
96 94

A
S
O
737 1,000 781
922 951 839

N
23
25

MedianSalePrice
3 Mo. Roll Avg

J 12

D J 13
F M
750 924 1,025
985 1,000 900

A
45
38

1,550 1,180 985 1,368 1,040 1,200 1,050 1,388 1,033 978 1,130 1,237 1,490 1,030 1,109 1,228 889 1,175 1,100 968
1,110 1,170 1,238 1,178 1,131 1,203 1,097 1,213 1,157 1,133 1,047 1,115 1,286 1,252 1,210 1,122 1,075 1,097 1,055 1,081

A
S
O
N
D J 14
F M
A
61 119 106 124 109 134 108 92 109
89 96 95 116 113 122 117 111 103

D J 14

M
J
82 103
94 98

J
56
80

A
91
83

S
92
80

O
N
D J 15
F
80 122 141 92 96
88 98 114 118 110

D J 15

M
A M
J
93 113 124 71
94 101 110 103

Sale to List Price

3 Mo. Roll Avg

0.936 0.921 0.957 0.958 0.948 0.911 0.973 0.938 0.953 0.947 0.959 0.989 0.952 0.963 0.948 0.965 0.939 0.947 0.964 0.945 0.943 0.945 0.953 0.958 0.956 0.956 0.949 0.958 0.935 0.955 0.962 0.939 0.968 0.952 0.968 0.963
0.938 0.945 0.954 0.939 0.944 0.941 0.955 0.946 0.953 0.965 0.967 0.968 0.954 0.959 0.951 0.950 0.950 0.952 0.951 0.944 0.947 0.952 0.956 0.957 0.954 0.954 0.947 0.949 0.951 0.952 0.956 0.953 0.963 0.961

New Listings
Inventory
Sales

J 12
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
F M
A M
J
47 48 37 47 22 19 47 41 60 61 63 52 59 55 28 34 42 33 63 45 50 55 58 45 31 41 41 38 30 35 42 58 45 44 52 61
259 258 240 234 211 195 197 180 174 175 192 199 215 222 223 199 182 178 193 192 193 187 195 200 178 190 182 184 173 163 164 177 162 164 171 177
25 43 37 33 29 29 19 22 47 45 52 30 35 34 29 24 23 43 22 34 34 34 47 33 40 40 25 39 22 23 22 30 42 33 35 32
(000's)

Avg Sale Price

3 Mo. Roll Avg

J 12

D J 13

D J 14

D J 15

1,098 1,053 1,001 1,102 1,145 1,525 1,546 1,148 1,213 1,580 1,165 1,103 1,203 1,033 1,342 1,030 1,851 1,606 1,652 1,427 1,247 1,596 1,376 1,535 1,341 1,128 1,529 1,530 1,851 1,600 1,134 1,673 1,369 1,449 1,386 1,275
1,050 1,052 1,083 1,258 1,405 1,406 1,302 1,313 1,319 1,282 1,157 1,113 1,193 1,135 1,408 1,495 1,703 1,561 1,442 1,423 1,406 1,502 1,417 1,335 1,333 1,396 1,637 1,661 1,528 1,469 1,392 1,497 1,401 1,370

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 7/1/2012 through 6/30/2015. 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.