MARKET ACTION REPORT December 2010

Nicole Truszkowski
City: Big Sur Coast CIPS, CLHMS, TRC, Broker Associate
831-238-7449
Nicole@EstatesofCarmel.com
Price Range: All | Properties: Single Family 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 $2,495,000
Average List Price of all Current Listings $3,243,704
December Median Sales Price $0 $2,100,000
December Average Sales Price $0 $2,337,350
Total Properties Currently for Sale (Inventory) 45
December Number of Properties Sold 0 5
December Average Days on Market (Solds) 0 166
Asking Price per Square Foot (based on New Listings) $1,066 $1,779
December Sold Price per Square Foot $0 $1,430
December Month's Supply of Inventory 0.0 35.8
December Sale Price vs List Price Ratio 0.0% 79.6%
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2009) / 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
December Property sales were 0, up from 0 in 2

2
December of 2009 and higher than the 0 sales last
month. December 2010 sales were at their highest 2
level compared to December of 2009 and 2008.
December YTD sales of 5 are running 150.0% ahead 1

1
1
of last year's year-to-date sales of 2.
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
0
0
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 J A S O N D
08 09 10

Median Sales Price and Average Sales Price

(000's)
3 Mo Avg
Prices Median means Middle (the same # of properties sold above and below the Median)

The Median Sales Price in December was $0, up 5,300

from $0 in December of 2009 and up from $0 last 4,300
month. The Average Sales Price in December was
$0, up from $0 in December of 2009 and up from 3,300
$0 last month. December 2010 ASP was at the
2,300
highest level compared to December of 2009 and
2008. 1,300

300
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 J A S O N D
08 09 10

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

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

December was 45, up 7.1% from 42 last month and up

45

45

45
44

40 40
42

25.0% from 36 in December of last year. December 2010

41
40

35 35
38
38
37

Inventory was at its highest level compared with

36

35
34

30 30
December of 2009 and 2008.
29
29

25 25
25

20 20
15 15
18

A comparatively lower MSI is more beneficial for sellers

17
17
16
16

while a higher MSI is better for buyers. The December 10 10

12
10
10
10

5 5
8

2010 MSI of 0.0 months was at its highest level compared

7
7
3
3
3
3
4
5
6

with December of 2009 and 2008. 0 0

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 J A S O N D
08 09 10

Copyright © Sotheby’s International Realty | Price Range: All | Property Types: Single Family
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 December 2010
Nicole Truszkowski
City: Big Sur Coast CIPS, CLHMS, TRC, Broker Associate
831-238-7449
Nicole@EstatesofCarmel.com
Price Range: All | Properties: Single Family
www.EstatesofCarmel.com

Days On Market for Sold Properties

Market Time 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
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 December was 0, up from 0 days last month
and up from 0 days in December of last year. The
December 2010 DOM was at its lowest level compared
with December of 2009 and 2008.

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

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
December 2010 Selling Price per Square Foot of $0 was
up from $0 last month and up from 0 in December of
last year. 0 0 0

Selling Price versus Listing Price Ratio

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 December 2010 Selling Price vs Original List Price
of 0.0% was up from 0.0% last month and up from
0.0% in December of last year.

Inventory / New Listings / Sales

Inventory / New Listings / Sales 50 Inventory New Listings Sales
45
This last view of the market combines monthly
47
45

45

45

40
44
42

inventory of Properties for sale along with New Listings

41
40

35
38
38
37

and Sales. The graph shows the basic annual

36

35

30
34

seasonality of the market as well as the relationship

25
29
29

between these items. The number of New Listings in

25

20
December 2010 was 4, equal to 4 last month and up
15
18
17
17

33.3% from 3 in December of last year.

16
16

10
12
10
10
10

5
8
7
7
3
3
3
3
4
5
6

0
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 J A S O N D
08 09 10
Copyright © Sotheby’s International Realty | Price Range: All | Property Types: Single Family
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 December 2010
Nicole Truszkowski
City: Big Sur Coast CIPS, CLHMS, TRC, Broker Associate
831-238-7449
Nicole@EstatesofCarmel.com
Price Range: All | Properties: Single Family
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 December 2010 was 4, equal
to 4 last month and up 33.3% from 3 in December of last year.

50 Inventory New Listings Sales

47
45

45

45

45
44

42
40

41
40
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
5
1 6

6
1 5
14

4
3

3
3

3
0
0
0
0
0
0
0
0

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

Copyright © Sotheby’s International Realty | Price Range: All | Property Types: Single Family
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.