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MARKET ACTION REPORT April 2011

Nicole Truszkowski
City: Big Sur Coast CIPS, CLHMS, TRC, Broker Associate
831-238-7449
Nicole@EstatesofCarmel.com
Price Range: All | Properties: Single Family - Condo - TwnHm
www.EstatesofCarmel.com
Trending versus*: Trending versus*:
Market Profile & Trends Overview Month LM L3M PYM LY YTD Prior YTD Prior Year
Median List Price of all Current Listings $2,472,500
Average List Price of all Current Listings $3,086,279
April Median Sales Price $0 $2,115,000
April Average Sales Price $0 $2,115,000
Total Properties Currently for Sale (Inventory) 38
April Number of Properties Sold 0 2
April Average Days on Market (Solds) 0 393
Asking Price per Square Foot (based on New Listings) $2,142 $2,184
April Sold Price per Square Foot $0 $1,359
April Month's Supply of Inventory 0.0 41.5
April Sale Price vs List Price Ratio 0.0% 77.6%
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2010) / YTD = Year-to-date | Arrows indicate if Month / YTD values are higher (up), lower (down) or unchanged (flat)

Number of Properties Sold 3 Mo Avg


3
Property Sales
April Property sales were 0, up from 0 in April of 2

2
2010 and 100.0% lower than the 1 sales last month.
April 2011 sales were at their highest level compared 2
to April of 2010 and 2009. April YTD sales of 2 are
running equal to last year's year-to-date sales of 2. 1
1

1
1

1
1
1
0
0
0
0
0
0
0
0
0
0

0
0
0
0
0
0
0

0
0
0

0
0

0
0
0
0

0
0
M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A
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Median Sales Price and Average Sales Price


(000's)
Median means Middle (the same # of properties sold above and below the Median) 3 Mo Avg
Prices
The Median Sales Price in April was $0, up from $0 5,300
in April of 2010 and down 100.0% from $3,800,000
4,300
last month. The Average Sales Price in April was $0,
up from $0 in April of 2010 and down 100.0% from 3,300
$3,800,000 last month. April 2011 ASP was at the
2,300
highest level compared to April of 2010 and 2009.
1,300

300
M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A
08 09 10 11

Total Inventory & Month's Supply of Inventory (MSI)


Inventory & MSI MSI is the # of month's needed to sell all of the Inventory at the monthly Sales Pace
50 50
The Total Inventory of Properties available for sale as of
45 45
47

46

April was 38, down 7.3% from 41 last month and equal to
45

45

45
44

40 40
42

42
42
41

38 in April of last year. April 2011 Inventory was at its


40
38
38

38

35 35
37
36

highest level compared with April of 2010 and 2009.


35
34

30 30
29
29

25 25
25

20 20
18

15 15
17
17

A comparatively lower MSI is more beneficial for sellers


16
16

10 10
12

while a higher MSI is better for buyers. The April 2011


10
10
10
8

5 5
7
7

MSI of 0.0 months was at its highest level compared with


6
5
4

April of 2010 and 2009. 0 0


M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A
08 09 10 11

Copyright © Sotheby’s International Realty | Price Range: All | Property Types: Single Family - Condo - TwnHm
Data is provided courtesy of MLS Listings Inc. and may not reflect all relevant real estate activity. Sotheby’s International Realty does not warrant or guarantee
the accuracy of this information. It is the responsibility of any buyer or seller to verify any and all information relevant to such consumer’s real estate transaction.
MARKET ACTION REPORT April 2011
Nicole Truszkowski
City: Big Sur Coast CIPS, CLHMS, TRC, Broker Associate
831-238-7449
Nicole@EstatesofCarmel.com
Price Range: All | Properties: Single Family - Condo - TwnHm
www.EstatesofCarmel.com

Days On Market for Sold Properties


Market Time 700
Average Days on Market (Listing to Contract) for properties sold during the month 3 Mo Avg
The average Days On Market (DOM) shows how many
days the average Property is on the market before it 600
sells. An upward trend in DOM tends to indicate a move 500
towards more of a Buyer's market, a downward trend a
400
move towards more of a Seller's market. The DOM for
April was 0, down 100.0% from 692 days last month 300
and up from 0 days in April of last year. The April 2011 200
DOM was at its lowest level compared with April of 2010
100
and 2009.
0
M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A
08 09 10 11

Selling Price per Square Foot


3 Mo Avg
Selling Price per Square Foot Average Selling Price per Square Foot for properties that sold during the month

The Selling Price per Square Foot is a great indicator for 2,500
the direction of Property values. Since Median Sales
2,000
Price and Average Sales price can be impacted by the
'mix' of high or low end Properties in the market, the
1,500
selling price per square foot is a more normalized
indicator on the direction of Property values. The April 1,000
2011 Selling Price per Square Foot of $0 was down
100.0% from $2,045 last month and up from 0 in April 500
of last year. 0 0 0
0
M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A
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Selling Price versus Listing Price Ratio


Avg Selling Price divided by Avg Listing Price for sold properties during the month 3 Mo Avg
100%
Selling Price vs Original Listing Price
95%
The Selling Price vs Original Listing Price reveals the
average amount that Sellers are agreeing to come down
90%
from their original list price. The lower the ratio is
below 100% the more of a Buyer's market exists, a ratio
85%
at or above 100% indicates more of a Seller's market.
The April 2011 Selling Price vs Original List Price of 80%
0.0% was down from 76.8% last month and up from
0.0% in April of last year. 75%

70%
M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A
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Inventory / New Listings / Sales


Inventory / New Listings / Sales 50 Inventory New Listings Sales
45
47

This last view of the market combines monthly


46
45

45

45
44

40
42

42
42

inventory of Properties for sale along with New Listings


41
40
38
38

38

35
37

and Sales. The graph shows the basic annual


36

35
34

seasonality of the market as well as the relationship 30


29
29

25
between these items. The number of New Listings in
25

20
April 2011 was 2, down 50.0% from 4 last month and
18

15
17
17
16
16

down 33.3% from 3 in April of last year.


10
12
10
10
10
8

5
7
7
6
5
4

0
M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A
08 09 10 11
Copyright © Sotheby’s International Realty | Price Range: All | Property Types: Single Family - Condo - TwnHm
Data is provided courtesy of MLS Listings Inc. and may not reflect all relevant real estate activity. Sotheby’s International Realty does not warrant or guarantee
the accuracy of this information. It is the responsibility of any buyer or seller to verify any and all information relevant to such consumer’s real estate transaction.
Inventory / Listings / Sales April 2011
Nicole Truszkowski
City: Big Sur Coast CIPS, CLHMS, TRC, Broker Associate
831-238-7449
Nicole@EstatesofCarmel.com
Price Range: All | Properties: Single Family - Condo - TwnHm
www.EstatesofCarmel.com

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 April 2011 was 2, down
50.0% from 4 last month and down 33.3% from 3 in April of last year.

50 Inventory New Listings Sales

47
45

46
45

45

45

44
42

42

42
40

41
40
38

38

38
37
35

36

35
34
30
29
29
25
25

20
18
17
17

15
16

16
12

10
10
10
10

8
8

7
7

6
6
1 5

4
1 4

3
0

0
1
0
1
0
0
0
1
0
2
0
0
0
0
0

1
0
0
1
0
0
0
1
0

0
2
0

0
2
2

1
2
1

0
2
0

1
2
0
0
M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A
08 09 10 11

Copyright © Sotheby’s International Realty | Price Range: All | Property Types: Single Family - Condo - TwnHm
Data is provided courtesy of MLS Listings Inc. and may not reflect all relevant real estate activity. Sotheby’s International Realty does not warrant or guarantee
the accuracy of this information. It is the responsibility of any buyer or seller to verify any and all information relevant to such consumer’s real estate transaction.