July 2015

MARKET ACTION REPORT

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

City: Pebble Beach

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

Month

LM

L3M PYM

Trending Versus*:

LY

$2,495,000
$4,392,526
$1,150,000
$1,810,769
79
13
51
$1,012
$675
6.1
95.8%

YTD

PriorYTD

PriorYear

$1,344,000
$2,029,763
72
100
$787
$663
7.2
94.4%

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

Property Sales
July Property sales were 13, up 18.2% from 11 in July of 2014 and 18.2% higher than the 11 sales last month. July 2015 sales were at a mid level compared to
July of 2014 and 2013. July YTD sales of 72 are running -2.7% behind last year's year-to-date sales of 74.

Prices
The Median Sales Price in July was $1,150,000, down -30.3% from $1,650,000 in July of 2014 and down -13.2% from $1,325,000 last month. The Average
Sales Price in July was $1,810,769, down -2.9% from $1,864,023 in July of 2014 and down -5.7% from $1,920,682 last month. July 2015 ASP was at a mid
range compared to July 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 8/1/2012 through 7/31/2015. 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.

July 2015

MARKET ACTION REPORT

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

City: Pebble Beach

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 July was 79, up 14.5% from 69 last month and down -4.8% from 83 in July of last year. July 2015
Inventory was at the lowest level compared to July of 2014 and 2013.
A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers. The July 2015 MSI of 6.1 months was at its lowest level
compared with July 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 July was 51, down -5.6% from 54 days
last month and down -37.0% from 81 days in July of last year. The July 2015 DOM was at a mid range compared with July 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 July 2015 Selling Price per Square Foot of $675 was up 3.4% from $653 last month and up 8.3% from $623 in July 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 8/1/2012 through 7/31/2015. 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.

July 2015

MARKET ACTION REPORT

Nicole Truszkowski

City: Pebble Beach

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 July 2015 Selling Price vs List Price of 95.8% was up
from 95.7% last month and up from 94.6% in July 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 July 2015 was 24, up 41.2% from 17 last month and
up 4.3% from 23 in July 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 8/1/2012 through 7/31/2015. 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.

July 2015

MARKET ACTION REPORT

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

City: Pebble Beach

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

A 12
8

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

MedianSalePrice
3 Mo. Roll Avg

A 12
1,560

S
10

O
11
10

N
12
11

D J 13
7 12
10 10

S
O
925 925

D J 13

1,288 840 920

1,137 1,046 1,018 1,016

J
7
7

J
14
10

A
10
10

S
12
12

O
10
11

N
6
9

D J 14
7
6
8
6

F
14
9

M
10
10

A
11
12

M
15
12

J
7
11

J
11
11

A
8
9

S
15
11

O
16
13

N
6
12

D J 15
9
7
10
7

F
8
8

M
10
8

A
11
10

M
12
11

J
11
11

J
13
12

D J 14

D J 15

2,500 785 1,450 1,238 945 2,000 1,105 1,028 2,000 1,918 1,354 1,450 1,350 1,495 1,150 1,650 1,610 1,570 1,288 1,113 890 1,828 1,863 1,297 1,340 2,103 1,325 1,150
1,504 1,516 1,578 1,158 1,211 1,394 1,350 1,378 1,378 1,649 1,757 1,574 1,385 1,432 1,332 1,432 1,470 1,610 1,489 1,323 1,097 1,277 1,527 1,662 1,500 1,580 1,589 1,526

M
65
4

A
77
15

A
88
9

S
85
7

O
88
9

N
76
13

Days On Market
3 Mo. Roll Avg

A 12
S
O
N
D J 13
F
67 126 159 141 136 132 60
117 142 145 136 109

M
91
94

A M
J
J
A
65 201 131 35 113
72 119 132 122 93

S
86
78

O
91
97

N
D J 14
F M
A M
J
J
89 165 126 104 160 148 150 73 81
89 115 127 132 130 137 153 124 101

Price per Sq Ft
3 Mo. Roll Avg

A 12
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
J
603 394 417 508 545 467 417 478 601 458 691 525 584 691 562 531 656 695 638 496 576 759 428 623 578 657 988 455 599 719 735 507 560 813 653 675
471 440 490 507 476 454 499 512 583 558 600 600 612 595 583 627 663 610 570 610 588 603 543 619 741 700 681 591 684 654 601 627 675 714

New Listings
Inventory
Sales
(000's)

Avg Sale Price

3 Mo. Roll Avg

D J 13
60 70
9
6

M
10
11

F
68
10

N
69
6

F M
750 1,263
837 978

A
5
10

A 12
98
12

A 12

O
79
7

M
18
12

Inventory
MSI

Sale to List Price

3 Mo. Roll Avg

S
90
9

F
7
9

D J 13

M
80
8

J
89
13

J
87
6

D J 14
68 70
10 12

D J 14

F
69
5

M
64
6

A
64
6

M
68
5

J
76
11

J
83
8

A
77
10

S
71
5

A
S
88 100
81 90

O
73
5

N
67
11

O
N
91 130
93 107

D J 15
60 68
7 10

M
71
6

J
69
6

J
79
6

D J 15
F M
A M
43 124 174 117 149 75
88 99 114 138 147 114

J
54
93

J
51
60

D J 15

F
74
9

M
71
7

A
65
6

0.931 0.965 0.960 0.936 0.904 0.949 0.940 0.915 0.984 0.974 0.950 0.978 0.966 0.915 0.940 0.966 0.926 0.934 0.939 0.900 0.930 0.949 0.984 0.946 0.945 0.951 0.917 0.969 0.955 0.937 0.955 0.985 0.943 0.953 0.957 0.958
0.952 0.954 0.933 0.930 0.931 0.935 0.946 0.958 0.969 0.967 0.965 0.953 0.940 0.940 0.944 0.942 0.933 0.924 0.923 0.926 0.954 0.960 0.958 0.947 0.938 0.946 0.947 0.954 0.949 0.959 0.961 0.960 0.951 0.956

A 12
17
98
8

S
13
90
10

O
5
79
11

N
9
69
12

D J 13
7 27
60 70
7 12

F
19
68
7

M
16
65
18

A
22
77
5

M
21
80
10

J
19
89
7

J
18
87
14

A
14
88
10

S
9
85
12

O
11
88
10

N
10
76
6

D J 14
6 21
68 70
7
6

F
12
69
14

M
15
64
10

A
13
64
11

M
17
68
15

J
15
76
7

J
23
83
11

A
18
77
8

S
12
71
15

O
14
73
16

N
15
67
6

D J 15
9 20
60 68
9
7

F
21
74
8

M
16
71
10

A
11
65
11

M
22
71
12

J
17
69
11

J
24
79
13

A 12

D J 13

D J 14

D J 15

2,814 1,369 1,066 2,078 1,361 1,237 865 1,522 2,780 2,141 1,880 1,552 2,361 2,582 1,353 1,068 2,310 2,420 2,878 1,639 1,591 2,982 1,143 1,864 1,654 2,621 3,948 1,067 1,251 1,946 2,316 1,474 1,463 3,208 1,921 1,811
1,749 1,504 1,502 1,559 1,154 1,208 1,722 2,148 2,267 1,858 1,931 2,165 2,099 1,667 1,577 1,932 2,536 2,312 2,036 2,070 1,905 1,996 1,554 2,046 2,741 2,545 2,089 1,421 1,838 1,912 1,751 2,048 2,197 2,313

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 8/1/2012 through 7/31/2015. 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.