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MARKET ACTION REPORT

June 2011
Nicole Truszkowski
CIPS, CLHMS, TRC, Broker Associate

City: Big Sur Coast


Price Range: All | Properties: Single Family - Condo - TwnHm

831-238-7449 Nicole@EstatesofCarmel.com www.EstatesofCarmel.com Trending versus*: Trending versus*:


LY

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
$2,495,000 $3,010,344 $0 $0 36 0 0 $1,222 $0 0.0 0.0%
3 2

LM

L3M PYM

YTD

Prior YTD

Prior Year

$435,000 $1,200,000 4 260 $1,847 $769 33.8 79.8%


Number of Properties Sold
3 Mo Avg

* 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)

Property Sales
June Property sales were 0, up from 0 in June of 2010 and 100.0% lower than the 2 sales last month. June 2011 sales were at their highest level compared to June of 2010 and 2009. June YTD sales of 4 are running 33.3% ahead of last year's year-to-date sales of 3.

2 1
1 1 1 1 1 1 1 0 0 0 0 0 3 Mo Avg

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

0
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 M J 08 09 10 11

Prices
The Median Sales Price in June was $0, up from $0 in June of 2010 and down 100.0% from $285,000 last month. The Average Sales Price in June was $0, up from $0 in June of 2010 and down 100.0% from $285,000 last month. June 2011 ASP was at the highest level compared to June of 2010 and 2009.

(000's)

Median Sales Price and Average Sales Price


Median means Middle (the same # of properties sold above and below the Median)

5,200 4,200 3,200 2,200 1,200 200


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 M J 08 09 10 11

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

Inventory & MSI


The Total Inventory of Properties available for sale as of June was 36, down 2.7% from 37 last month and down 20.0% from 45 in June of last year. June 2011 Inventory was at a mid level compared with June of 2010 and 2009.

A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers. The June 2011 MSI of 0.0 months was at its highest level compared with June of 2010 and 2009.

50 45 40 35 30 25 20 15 10 5 0

MSI is the # of month's needed to sell all of the Inventory at the monthly Sales Pace 45 47 45 42 45 44 46 42 42 41 38 37 36

50 45 40 35 30 25 20 15 10 5 0

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 M J 08 09 10 11

Copyright Sothebys 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. Sothebys 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 consumers real estate transaction.

6 7 7 8 10 10 10 12

16 16 17 17 18

25

29 29

37 36 34 35 38 38 40

MARKET ACTION REPORT

June 2011
Nicole Truszkowski
CIPS, CLHMS, TRC, Broker Associate

City: Big Sur Coast


Price Range: All | Properties: Single Family - Condo - TwnHm

831-238-7449 Nicole@EstatesofCarmel.com www.EstatesofCarmel.com Days On Market for Sold Properties

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 0, down 100.0% from 128 days last month and up from 0 days in June of last year. The June 2011 DOM was at its lowest level compared with June of 2010 and 2009.

700 600 500 400 300 200 100 0

Average Days on Market (Listing to Contract) for properties sold during the month

3 Mo Avg

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 M J 08 09 10 11

Selling Price per Square Foot

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 2011 Selling Price per Square Foot of $0 was down 100.0% from $180 last month and up from 0 in June of last year.

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

3 Mo Avg

2,500 2,000 1,500 1,000 500


0 0 0

0
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 M J 08 09 10 11

Selling Price versus Listing Price Ratio


100%
Avg Selling Price divided by Avg Listing Price for sold properties during the month 3 Mo Avg

Selling Price vs Original Listing Price


The Selling Price vs Original Listing Price reveals the average amount that Sellers are agreeing to come down from their original 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 2011 Selling Price vs Original List Price of 0.0% was down from 100.0% last month and up from 0.0% in June of last year.

95% 90% 85% 80% 75% 70% 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 M J 08 09 10 11

Inventory / New Listings / Sales

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 2011 was 2, down 33.3% from 3 last month and down 66.7% from 6 in June of last year.

50 45 40 35 30 25 20 15 10 5 0

Inventory

New Listings

Sales

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 M J 08 09 10 11

Copyright Sothebys 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. Sothebys 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 consumers real estate transaction.

6 7 7 8 10 10 10 12

16 16 17 17 18

25

29 29

37 36 34 35 38 38 40

45 47 45 42 45 44 46 42 42 41 38 37 36

Inventory / Listings / Sales

June 2011
Nicole Truszkowski
CIPS, CLHMS, TRC, Broker Associate

City: Big Sur Coast


Price Range: All | Properties: Single Family - Condo - TwnHm

831-238-7449 Nicole@EstatesofCarmel.com 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 June 2011 was 2, down 33.3% from 3 last month and down 66.7% from 6 in June of last year. 50 45
40

Inventory
47 45 45

New Listings
45 44 46

Sales

42

42

38

38

41 38

40
37 36 35

42

30
29 25

25 20
16 16

15
10 10 10

10
8 7 7

12

17

17

18

29

34

5 0

1 0 1 0 0 0 1 0 2 0 0 0 0 0 3 0

1 0 0 1 0 0 0 1 0

0 2 0

1 3 0 2 2

0 3 0 3 1

1 2 1

0 2 0 3 1

J 08 A

D J 09 F

D J 10 F

D J 11 F

Copyright Sothebys 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. Sothebys 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 consumers real estate transaction.

1 2 0 3 2 2 0

36 J

35

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