MARKET ACTION REPORT

December 2012
Nicole Truszkowski
Broker Associate 831-238-7449 www.estatesofcarmel.com
email: nicole@estatesofcarmel.com

City: Big Sur Coast

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

Trending versus*:

Trending versus*:
LY

Market Profile & Trends Overview

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

Month
$2,487,500 $2,846,550 $3,750,000 $3,750,000 20 2 327 $0 $1,128 10.0 86.1%

LM

L3M PYM

YTD

Prior YTD

Prior Year

$1,325,500 $1,777,243 7 369 $1,102 $1,090 24.5 81.9%

Number of Properties Sold
3 Mo Avg

* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2011) / YTD = Year-to-date | Arrows indicate if Month / YTD values are higher (up), lower (down) or unchanged (flat)

Property Sales
December Property sales were 2, up 100.0% from 1 in December of 2011 and higher than the 0 sales last month. December 2012 sales were at their highest level compared to December of 2011 and 2010. December YTD sales of 7 are running 12.5% behind last year's year-to-date sales of 8.

3 2 2 1 1 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 10 11 12

Prices
The Median Sales Price in December was $3,750,000, up 257.1% from $1,050,000 in December of 2011 and up from $0 last month. The Average Sales Price in December was $3,750,000, up 257.1% from $1,050,000 in December of 2011 and up from $0 last month. December 2012 ASP was at the highest level compared to December of 2011 and 2010.

(000's)

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

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 10 11 12

Inventory & MSI

The Total Inventory of Properties available for sale as of December was 20, down 16.7% from 24 last month and down 44.4% from 36 in December of last year. December 2012 Inventory was at its lowest level compared with December of 2011 and 2010.

A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers. The December 2012 MSI of 10.0 months was at its lowest level compared with December of 2011 and 2010.

50 45 40 35 30 25 20 15 10 5 0

45 47 46 43 45 44 46 42 42 41 38 36 35 37 38 39 36 35 36 32 33 36 34 30 27 32 32 28 27 24

34 35 38 38 40

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 10 11 12

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.

20

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

Median Sales Price and Average Sales Price

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

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

MSI is the # of month's needed to sell all of the Inventory at the monthly Sales Pace

50 45 40 35 30 25 20 15 10 5 0

MARKET ACTION REPORT

December 2012
Nicole Truszkowski
Broker Associate 831-238-7449 www.estatesofcarmel.com
email: nicole@estatesofcarmel.com

City: Big Sur Coast

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

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 December was 327, up from 0 days last month and down 1.8% from 333 days in December of last year. The December 2012 DOM was at its lowest level compared with December of 2011 and 2010. 1,000 800 600 400 200 0

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

3 Mo Avg

333

327

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 10 11 12

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 December 2012 Selling Price per Square Foot of $1,128 was up from $0 last month and up 16.6% from 968 in December 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

968 1128

1,000 500
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 10 11 12

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 December 2012 Selling Price vs Original List Price of 86.1% was up from 0.0% last month and up from 85.8% in December of last year.

95% 90% 85% 80% 75% 70% 65% 60% 55% 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 10 11 12 85.8% 86.1%

Inventory / New Listings / Sales

50 45 This last view of the market combines monthly 40 inventory of Properties for sale along with New Listings 35 and Sales. The graph shows the basic annual 30 seasonality of the market as well as the relationship 25 between these items. The number of New Listings in 20 December 2012 was 0, down 100.0% from 1 last month 15 and down 100.0% from 1 in December of last year. 10 5 0

Inventory / New Listings / Sales

Inventory

New Listings

Sales

45 47 46 43 45 44 46 42 42 41 38 36 35 37 38 39 36 35 36 32 33 36 34 30 27 32 32 28 27 24 20

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 10 11 12

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.

34 35 38 38 40

Inventory / Listings / Sales

December 2012
Nicole Truszkowski Broker Associate 831-238-7449 www.estatesofcarmel.com
email: nicole@estatesofcarmel.com

City: Big Sur Coast

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

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 2012 was 0, down 100.0% from 1 last month and down 100.0% from 1 in December of last year. 50
46 45 45 46

Inventory
47 44

New Listings

Sales

45
40

43

42

41

40
38 38 35

42

38

36

36

35

36

34

35

36 32 33 34

35 30 25 20 15 10 5

37

38

39

32 30

32 28

27

27 24

2 2

0 3 0 3 1

1 2 1 3 0

0 2 0 3 1

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

1 0 1 1 1 2 0 3 1

0 2 1 1 0 1 2

0
J 10 F M A M J J A S O N D J 11 F M A M J J A S O N D J 12 F M A M J J A S O N D

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 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.

0 1 1 2 0 3 0 1 0 0 2

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