August 2016

MARKET ACTION REPORT

Nicole Truszkowski

City: Carmel
Highlands

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

Trending Versus*:

Market Profile & Trends Overview

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

Month

LM

L3M PYM

Trending Versus*:

LY

$3,672,500
$4,294,250
$0
$0
10
0
0
$966
$0
0.0
0.0%

YTD

PriorYTD

PriorYear

$1,862,500
$1,887,867
6
101
$1,003
$624
4.9
93.5%

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

Property Sales
August Property sales were 0, down -100.0% from 2 in August of 2015 and -100.0% lower than the 1 sales last month. August 2016 sales were at their lowest
level compared to August of 2015 and 2014. August YTD sales of 6 are running -45.5% behind last year's year-to-date sales of 11.

Prices
The Median Sales Price in August was $0, down -100.0% from $5,981,250 in August of 2015 and down -100.0% from $1,522,200 last month. The Average
Sales Price in August was $0, down -100.0% from $5,981,250 in August of 2015 and down -100.0% from $1,522,200 last month. August 2016 ASP was at the
lowest level compared to August of 2015 and 2014.

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 9/1/2013 through 8/31/2016. 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.

August 2016

MARKET ACTION REPORT

Nicole Truszkowski

City: Carmel
Highlands

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

Inventory & MSI

The Total Inventory of Properties available for sale as of August was 10, up 66.7% from 6 last month and down -23.1% from 13 in August of last year. August
2016 Inventory was at the lowest level compared to August of 2015 and 2014.
A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers. The August 2016 MSI of 0.0 months was at its lowest level
compared with August of 2015 and 2014.

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 August was 0, down -100.0% from 39
days last month and down -100.0% from 224 days in August of last year. The August 2016 DOM was at its lowest level compared with August of 2015 and
2014.

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 August 2016 Selling Price per Square Foot of $0 was down -100.0% from $594 last month and down -100.0% from $1,996 in August 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 9/1/2013 through 8/31/2016. 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.

August 2016

MARKET ACTION REPORT

Nicole Truszkowski

City: Carmel
Highlands

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 August 2016 Selling Price vs List Price of 0.0% was
down from 95.4% last month and down from 93.8% in August 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 August 2016 was 4, up 300.0% from 1 last month
and up 33.3% from 3 in August 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 9/1/2013 through 8/31/2016. 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.

August 2016

MARKET ACTION REPORT

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

City: Carmel Highlands

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

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

S 13
1

O
1

N
1
1

D J 14
1
0
1
1

S 13

D J 14
F
0
0
752 350

MedianSalePrice
3 Mo. Roll Avg

2,475 4,500 1,205 1,050

2,727 2,252

Inventory
MSI

S 13
7
7

Days On Market
3 Mo. Roll Avg

A
1
1

M
1
1

J
1
1

J
0
1

A
1
1

6,700 1,488 3,200 2,744

0 900
2,233 2,729 3,796 2,477 1,981 1,215

N
10
10

D J 14
10 11
10
0

S 13
O
515 118

N
21
218

D J 14
6
0
48
9

S 13

N
D J 14
F M
A
504 502
0
0 1,360 445
1,111 914 335 167 453 602

S 13

D J 14

F
14
0

M
1
0

O
9
9

1,092 1,737

Price per Sq Ft
3 Mo. Roll Avg

F
0
0

S
16
0

F M
A M
J
J
A
0 345 103 801 333
0 13
2 115 149 416 412 378 115

S
0
4

A
13
13

M
13
13

M
1,717
1,174

J
13
13

J
13
0

O
0
0

S
O
0
0
300 300

A
15
15

M
12
12

S
0
0

O
16
0

N
1
0

D J 15
1
1
1
1

F
2
1

M
3
2

A
0
2

D J 15

7,289 2,000 1,650 1,595 1,750

0
2,430 3,096 3,646 1,748 1,665 1,115

N
14
14

D J 15
13 12
13 12

F
10
5

M
13
4

A
11
0

M
0
1

J
3
1

J
0
1

M
J
J
0 2,925
0
583 975 975
M
9
0

J
9
3

J
12
0

A
2
2

S
1
1

O
2
2

N
1
1

D J 16
1
1
1
1

F
0
1

M
1
1

A
1
1

M
0
1

J
2
1

J
1
1

A
0
1

D J 16

5,981 3,500 3,063 1,450 1,230 2,387

0 1,900 1,825
0 1,847 1,522
0
2,969 3,160 4,181 2,671 1,914 1,689 1,206 1,429 1,242 1,242 1,224 1,123 1,123

A
13
7

S
12
12

N
11
11

D J 16
9 11
9 11

O
N
D J 15
F M
A M
J
J
A
S
O
N
D J 16
0 297 48
0 155 313
0
0 360
0 224 125 418 65 17 31
4 99 115 115 68 156 156 104 120 120 195 116 256 203 167 38

J
J
A
S
O
N
D J 15
F M
A M
J
J
A
S
543
0 536
0
0 1,139 457 461 470 1,177
0
0 811
0 1,996 967
902 753 360 179 179 380 532 686 463 703 549 392 270 270 936 988
J

O
10
5

D J 15

O
1,172
1,378

F
11
0

M
10
10

A
9
9

M
6
0

J
7
4

J
6
6

A
10
0

F M
A M
J
0 123 248
0 84
16 51 124 124 111

J
39
41

A
0
41

N
D J 16
F M
A M
J
J
A
733 755 603
0 473 625
0 725 594
0
957 887 697 453 359 366 366 450 440 440
N

D J 16

Sale to List Price

3 Mo. Roll Avg

0.826 0.820 0.942 0.879 0.000 0.000 0.958 0.930 0.916 0.916 0.000 0.720 0.000 0.000 0.917 0.769 0.827 0.975 0.884 0.000 0.000 0.885 0.000 0.938 0.952 0.925 1.019 0.950 0.920 0.000 0.952 0.915 0.000 0.931 0.954 0.000
0.863 0.880 0.607 0.293 0.319 0.629 0.935 0.921 0.611 0.545 0.240 0.240 0.306 0.562 0.838 0.857 0.895 0.620 0.295 0.295 0.295 0.608 0.630 0.938 0.965 0.965 0.963 0.623 0.624 0.622 0.622 0.615 0.628 0.628

New Listings
Inventory
Sales

S 13
2
7
1

O
3
9
1

N
1
10
1

D J 14
1
3
10 11
1
0

S 13

D J 14
F
0
0
752 350

(000's)

Avg Sale Price

3 Mo. Roll Avg

2,475 4,500 1,205 1,050

2,727 2,252

F
3
14
0

M
0
12
1

A
2
13
1

M
0
13
1

J
2
13
1

J
1
13
0

A
2
15
1

6,700 1,488 3,200 2,744

0 900
2,233 2,729 3,796 2,477 1,981 1,215

S
1
16
0

O
1
16
0

S
O
0
0
300 300

N
1
14
1

D J 15
0
1
13 12
1
1

F
2
10
2

M
3
13
3

A
0
11
0

M
1
9
0

J
1
9
3

J
3
12
0

A
3
13
2

S
1
12
1

O
1
10
2

N
1
11
1

D J 16
0
4
9 11
1
1

F
0
11
0

M
0
10
1

A
1
9
1

M
1
6
0

J
1
7
2

J
1
6
1

A
4
10
0

D J 15

D J 16

7,289 2,000 1,650 1,595 3,852

0
0 3,808
0 5,981 3,500 3,063 1,450 1,230 2,387
0 1,900 1,825
0 1,847 1,522
0
2,430 3,096 3,646 1,748 2,366 1,816 1,284 1,269 1,269 3,263 3,160 4,181 2,671 1,914 1,689 1,206 1,429 1,242 1,242 1,224 1,123 1,123

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 9/1/2013 through 8/31/2016. 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.