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June 2011
Nicole Truszkowski
CIPS, CLHMS, TRC, Broker Associate
City: Carmel
Price Range: All | Properties: Single Family - Condo - TwnHm
Month
$1,395,000 $2,092,885 $1,335,000 $1,594,229 189 24 150 $749 $709 7.9 94.5%
30 25
LM
L3M PYM
YTD
Prior YTD
Prior Year
* 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 24, up 71.4% from 14 in June of 2010 and 71.4% higher than the 14 sales last month. June 2011 sales were at their highest level compared to June of 2010 and 2009. June YTD sales of 115 are running 38.6% ahead of last year's year-todate sales of 83.
23
20
18 17
20 19
19
20
23
17
11 13 14
13 15
14 16
15 10 5 0
15
15
14
18 3 Mo Avg 14
12 12
9 11
13
8 7 7
7 7 8
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 $1,335,000, down 15.9% from $1,587,500 in June of 2010 and up 69.0% from $790,000 last month. The Average Sales Price in June was $1,594,229, down 7.2% from $1,717,143 in June of 2010 and up 56.8% from $1,016,921 last month. June 2011 ASP was at a mid range compared to June of 2010 and 2009.
(000's)
MSI is the # of month's needed to sell all of the Inventory at the monthly Sales Pace 192 207 187 180 179 175 161 174 187 201 205 208 209 203 194 180 167 145 137 160 163 178 209 219 225 229 208 200 175 159 154 160 165 178 181 189
40 35 30 25 20 15 10 5 0
A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers. The June 2011 MSI of 7.9 months was at its lowest level compared with June of 2010 and 2009.
50 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.
24
June 2011
Nicole Truszkowski
CIPS, CLHMS, TRC, Broker Associate
City: Carmel
Price Range: All | Properties: Single Family - Condo - TwnHm
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 150, up 7.9% from 139 days last month and up 54.6% from 97 days in June of last year. The June 2011 DOM was at a mid level compared with June of 2010 and 2009. 190 170 150 130 110 90 70 50
Average Days on Market (Listing to Contract) for properties sold during the month
3 Mo Avg
141
150
97
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
Average Selling Price per Square Foot for properties that sold during the month
3 Mo Avg
834
840 709
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
98% 96% 94% 92% 90% 88% 86% 84% 82% 80% 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 93.8% 91.7% 94.5%
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.
192 207 187 180 179 175 161 174 187 201 205 208 209 203 194 180 167 145 137 160 163 178 209 219 225 229 208 200 175 159 154 160 165 178 181 189
June 2011
Nicole Truszkowski
CIPS, CLHMS, TRC, Broker Associate
City: Carmel
Price Range: All | Properties: Single Family - Condo - TwnHm
Inventory
219 225 229
New Listings
Sales
209
208
209
207
205
201
203
208
192
194
200
200
187
187
180
179
180
178
175
174
167
175
161
160
163
159
145
100
30 17 26 8 25 7 27 7 34 12 28 12 42 7 31 7 32 8 38 15 29 18 25 15 26 23 17 13 14 15 24 9 45 11 33 17 44 13
54
50
31 31
137
42
0
J 08 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 J 11 F M A M J
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.
30 19 25 6 28 28 15 9 15 14 36 16 36 20 37 23 33 18 34 14 42 24
13 17 14
11
19
14
20
29
154
150
160
165
178
181
189