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Nicole Truszkowski
Sales Associate
City: Carmel, Carmel By The (831) 238-7449
(831) 624-2457
Sea, Carmel Highlands Nicole.Truszkowski@sothebyshomes.com
Property Sales
April Property sales were 30, down -21.1% from 38 in April of 2016 and 11.1% higher than the 27 sales last month. April 2017 sales were at their lowest level
compared to April of 2016 and 2015. April YTD sales of 108 are running -7.7% behind last year's year-to-date sales of 117.
Prices
The Median Sales Price in April was $1,357,500, up 5.4% from $1,287,500 in April of 2016 and up 4.4% from $1,300,000 last month. The Average Sales
Price in April was $1,777,000, down -3.9% from $1,848,789 in April of 2016 and up 31.4% from $1,352,796 last month. April 2017 ASP was at a mid range
compared to April of 2016 and 2015.
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 5/1/2014 through 4/30/2017. 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.
MARKET ACTION REPORT April 2017
Nicole Truszkowski
Sales Associate
City: Carmel, Carmel By The (831) 238-7449
(831) 624-2457
Sea, Carmel Highlands Nicole.Truszkowski@sothebyshomes.com
A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers. The April 2017 MSI of 5.4 months was at its highest level
compared with April of 2016 and 2015.
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 April was 91, down -8.1% from 99 days
last month and up 11.0% from 82 days in April of last year. The April 2017 DOM was at a mid range compared with April of 2016 and 2015.
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 5/1/2014 through 4/30/2017. 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.
MARKET ACTION REPORT April 2017
Nicole Truszkowski
Sales Associate
City: Carmel, Carmel By The (831) 238-7449
(831) 624-2457
Sea, Carmel Highlands Nicole.Truszkowski@sothebyshomes.com
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 5/1/2014 through 4/30/2017. 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.
MARKET ACTION REPORT April 2017
Nicole Truszkowski
Sales Associate
City: Carmel, Carmel By The Sea, Carmel (831) 238-7449
(831) 624-2457
Highlands Nicole.Truszkowski@sothebyshomes.com
M 14 J J A S O N D J 15 F M A M J J A S O N D J 16 F M A M J J A S O N D J 17 F M A
Homes Sold 48 34 40 41 25 39 23 24 23 32 45 33 35 37 43 26 35 29 28 40 28 22 29 38 25 33 32 33 34 35 23 26 33 18 27 30
3 Mo. Roll Avg 41 38 35 35 29 29 23 26 33 37 38 35 38 35 35 30 31 32 32 30 26 30 31 32 30 33 33 34 31 28 27 26 26 25
(000's) M 14 J J A S O N D J 15 F M A M J J A S O N D J 16 F M A M J J A S O N D J 17 F M A
MedianSalePrice 1,060 1,406 1,033 975 1,130 1,237 1,525 1,034 1,125 1,260 940 1,175 1,100 985 980 971 1,375 1,284 1,383 1,413 1,349 1,323 969 1,288 1,250 1,360 1,195 970 1,300 1,151 1,320 1,388 1,300 1,300 1,300 1,358
3 Mo. Roll Avg 1,166 1,138 1,046 1,114 1,297 1,265 1,228 1,140 1,108 1,125 1,072 1,087 1,022 979 1,109 1,210 1,347 1,360 1,381 1,361 1,214 1,193 1,169 1,299 1,268 1,175 1,155 1,140 1,257 1,286 1,336 1,329 1,300 1,319
M 14 J J A S O N D J 15 F M A M J J A S O N D J 16 F M A M J J A S O N D J 17 F M A
Inventory 206 210 189 203 196 198 185 175 175 185 172 172 178 186 186 188 179 184 171 144 143 153 161 161 171 182 189 198 200 194 171 146 153 156 155 162
MSI 4 6 5 5 8 5 8 7 8 6 4 5 5 5 4 7 5 6 6 4 5 7 6 4 7 6 6 6 6 6 7 6 5 9 6 5
M 14 J J A S O N D J 15 F M A M J J A S O N D J 16 F M A M J J A S O N D J 17 F M A
Days On Market 96 109 56 89 92 80 129 137 88 100 108 113 124 99 102 80 92 119 96 104 88 85 64 82 89 83 63 107 59 84 66 81 100 110 99 91
3 Mo. Roll Avg 87 85 79 87 100 115 118 108 99 107 115 112 108 94 91 97 102 106 96 92 79 77 78 85 78 84 76 83 70 77 82 97 103 100
M 14 J J A S O N D J 15 F M A M J J A S O N D J 16 F M A M J J A S O N D J 17 F M A
Price per Sq Ft 710 688 700 626 785 797 888 692 590 750 684 693 669 695 678 673 774 790 774 749 990 1,016 715 911 709 735 755 691 831 785 841 804 905 871 792 840
3 Mo. Roll Avg 699 671 704 736 823 792 723 677 675 709 682 686 681 682 708 746 779 771 838 918 907 881 778 785 733 727 759 769 819 810 850 860 856 834
M 14 J J A S O N D J 15 F M A M J J A S O N D J 16 F M A M J J A S O N D J 17 F M A
Sale to List Price 0.918 0.924 0.939 0.922 0.920 0.934 0.882 0.899 0.927 0.908 0.932 0.931 0.929 0.937 0.933 0.947 0.922 0.910 0.931 0.897 0.923 0.930 0.914 0.920 0.928 0.909 0.945 0.951 0.938 0.914 0.940 0.909 0.915 0.889 0.919 0.904
3 Mo. Roll Avg 0.927 0.928 0.927 0.925 0.912 0.905 0.903 0.911 0.922 0.924 0.931 0.932 0.933 0.939 0.934 0.926 0.921 0.913 0.917 0.917 0.922 0.921 0.921 0.919 0.927 0.935 0.945 0.934 0.931 0.921 0.921 0.904 0.908 0.904
M 14 J J A S O N D J 15 F M A M J J A S O N D J 16 F M A M J J A S O N D J 17 F M A
New Listings 58 46 32 43 42 39 31 35 43 59 47 44 53 63 42 55 28 46 29 16 46 41 56 47 55 50 52 52 42 39 28 16 45 43 43 43
Inventory 206 210 189 203 196 198 185 175 175 185 172 172 178 186 186 188 179 184 171 144 143 153 161 161 171 182 189 198 200 194 171 146 153 156 155 162
Sales 48 34 40 41 25 39 23 24 23 32 45 33 35 37 43 26 35 29 28 40 28 22 29 38 25 33 32 33 34 35 23 26 33 18 27 30
(000's) M 14 J J A S O N D J 15 F M A M J J A S O N D J 16 F M A M J J A S O N D J 17 F M A
Avg Sale Price 1,414 1,571 1,341 1,123 1,529 1,530 2,087 1,617 1,156 1,668 1,535 1,449 1,386 1,454 1,300 1,660 1,635 1,654 1,558 1,570 1,951 1,723 1,269 1,849 1,797 1,584 1,449 1,313 1,565 1,490 1,627 1,572 2,050 1,701 1,353 1,777
3 Mo. Roll Avg 1,442 1,345 1,331 1,394 1,716 1,745 1,620 1,481 1,453 1,551 1,457 1,430 1,380 1,471 1,531 1,649 1,615 1,594 1,693 1,748 1,648 1,614 1,638 1,743 1,610 1,449 1,442 1,456 1,561 1,563 1,750 1,774 1,701 1,610
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 5/1/2014 through 4/30/2017. 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.