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January 2012
Nicole Truszkowski
CIPS, CLHMS, TRC, Broker Associate
City: Monterey
Price Range: All | Properties: Single Family - Condo - TwnHm
Month
$549,900 $639,414 $420,000 $404,606 65 16 76 $334 $307 4.1 96.3%
35 30 25 20 15 10 0 5
LM
L3M PYM
YTD
Prior YTD
Prior Year
* 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
January Property sales were 16, up 100.0% from 8 in January of 2011 and 30.4% lower than the 23 sales last month. January 2012 sales were at their highest level compared to January of 2011 and 2010. January YTD sales of 16 are running 100.0% ahead of last year's year-to-date sales of 8.
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 J 09 10 11 12
Prices
The Median Sales Price in January was $420,000, down 9.6% from $464,500 in January of 2011 and up 20.0% from $350,000 last month. The Average Sales Price in January was $404,606, down 16.4% from $483,900 in January of 2011 and up 11.8% from $361,761 last month. January 2012 ASP was at the lowest level compared to January of 2011 and 2010.
(000's)
111 114 120 123 127 109 98 101 111 114 108 111 122 122 131 128 147 139 137 139 145 136 129 126 124 125 118 121 119 118 109 113 114 107 86
A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers. The January 2012 MSI of 4.1 months was at its lowest level compared with January of 2011 and 2010.
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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.
5 10 12 7 14 19 21 14 20 9 18 12 8 13 19 17 22 15 13 17 12 14 21 8 18 16 14 25 30 14 22 21 13 15 23 16
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 J 09 10 11 12
25 20 15 10 5 0
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 J 09 10 11 12
January 2012
Nicole Truszkowski
CIPS, CLHMS, TRC, Broker Associate
City: Monterey
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 January was 76, up 7.0% from 71 days last month and down 38.7% from 124 days in January of last year. The January 2012 DOM was at a mid level compared with January of 2011 and 2010.
Average Days on Market (Listing to Contract) for properties sold during the month
3 Mo Avg
124 76 56
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 J 09 10 11 12
Average Selling Price per Square Foot for properties that sold during the month
3 Mo Avg
327
320
307
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 J 09 10 11 12
104% 102% 100% 98% 96% 94% 92% 90% 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 J 09 10 11 12 92.8% 95.6% 96.3%
160
Inventory
New Listings
Sales
140 This last view of the market combines monthly inventory of Properties for sale along with New Listings 120 and Sales. The graph shows the basic annual 100 seasonality of the market as well as the relationship 80 between these items. The number of New Listings in 60 January 2012 was 25, up 47.1% from 17 last month and equal to 25 in January of last year. 40 20 0
111 114 120 123 127 109 98 101 111 114 108 111 122 122 131 128 147 139 137 139 145 136 129 126 124 125 118 121 119 118 109 113 114 107 86
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 J 09 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.
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January 2012
Nicole Truszkowski
CIPS, CLHMS, TRC, Broker Associate
City: Monterey
Price Range: All | Properties: Single Family - Condo - TwnHm
Inventory
147 139 139
New Listings
Sales
140
131 123
137
136
126
122
122
124
125
120
121
120
114 111
127
128
129
118
119
114
118
111
109
111
108
109
113
114
80 60 40
34 32 29 32 34 28 28 27 25 24 23
101
100
98
107 86
41
36
36
36
35 25 24 30 33
29
28
28
27
24 22 22 21 27
21 21 25
25
19 14 21
20
22 24
9 15 18
19
20
18
15 17
17
17
16
14
14
15
14
14
13
13
14
10
12
12
12
0
F 09 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 J A S O N D J 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 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.
13
16
23 25
20
26
27
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