Carmel Valley Homes Market Action Report Real Estate Sales For November 2014

November 2014
MARKET ACTION REPORT

Nicole Truszkowski
Sales Associate
(831) 238-7449
(831) 624-2457
Nicole.Truszkowski@sothebyshomes.com
City: Carmel Valley

Price Range: $0 to $999,999,000 | Properties: Single Family Home, Townhome, Condo
Trending Versus*:
Market Profile & Trends Overview

Median List Price of all Current Listings
Average List Price of all Current Listings
November Median Sales Price
November Average Sales Price
Total Properties Currently for Sale (Inventory)
November Number of Properties Sold
November Average Days on Market (Solds)
Asking Price per Square Foot (based on New Listings)
November Sold Price per Square Foot
November Month's Supply of Inventory
November Sale Price vs List Price Ratio
Month
LM
L3M PYM
Trending Versus*:
LY
$1,198,000
$2,921,864
$718,000
$729,040
45
5
83
$1,030
$412
9.0
94.1%
YTD
PriorYTD
PriorYear
$725,000
$793,540
80
98
$537
$403
7.3
95.0%
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year / YTD = Year-to-date
Property Sales
November Property sales were 5, up 25.0% from 4 in November of 2013 and -16.7% lower than the 6 sales last month. November 2014 sales were at a mid
level compared to November of 2013 and 2012. November YTD sales of 80 are running 8.1% ahead of last year's year-to-date sales of 74.
Prices
The Median Sales Price in November was $718,000, down -20.9% from $907,500 in November of 2013 and up 13.1% from $635,000 last month. The Average
Sales Price in November was $729,040, down -18.3% from $892,250 in November of 2013 and up 3.4% from $705,333 last month. November 2014 ASP was
at the lowest level compared to November of 2013 and 2012.
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 12/1/2011 through 11/30/2014. 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.
November 2014

Nicole Truszkowski
Sales Associate
(831) 238-7449
(831) 624-2457
City: Carmel Valley

Inventory & MSI

The Total Inventory of Properties available for sale as of November was 45, down -2.2% from 46 last month and down -27.4% from 62 in November of last
year. November 2014 Inventory was at the lowest level compared to November of 2013 and 2012.
A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers. The November 2014 MSI of 9.0 months was at a mid range
compared with November of 2013 and 2012.
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 November was 83, down -15.3% from 98
days last month and up 6.4% from 78 days in November of last year. The November 2014 DOM was at a mid range compared with November of 2013 and
2012.
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 November 2014 Selling Price per Square Foot of $412 was up 1.2% from $407 last month and down -2.4% from $422 in November of last year.
November 2014

Nicole Truszkowski
City: Carmel Valley
Sales Associate
(831) 238-7449
(831) 624-2457
Selling Price vs Listing Price

The Selling Price vs Listing Price reveals the average amount that Sellers are agreeing to come down from their 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 November 2014 Selling Price vs List Price of 94.1% was
up from 92.0% last month and down from 104.9% in November of last year.
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 November 2014 was 11, up 10.0% from 10 last
month and up 37.5% from 8 in November of last year.
November 2014

Nicole Truszkowski
Sales Associate
(831) 238-7449
(831) 624-2457
City: Carmel Valley

D 11 J 12
8
5
Homes Sold
3 Mo. Roll Avg
(000's)
F
7
7
M
4
5
A
11
7
M
10
8
J
7
9
J
4
7
A
13
8
S
7
8
O
6
9
N
6
6
D J 13
8
9
7
8
F
7
8
M
6
7
A
11
8
M
8
8
J
5
8
J
12
8
A
5
7
S
3
7
MedianSalePrice
3 Mo. Roll Avg
D 11 J 12
F M
A M
J
J
A
S
O
N
D J 13
F M
A M
J
J
A
S
663 500 740 393 690 463 946 1,137 685 650 588 799 708 659 715 865 695 714 575 806 925 970
634 544 608 515 700 849 923 824 641 679 698 722 694 746 758 758 661 698 769 900
Inventory
MSI
D 11 J 12
55 50
7 10
F
48
7
D 11 J 12
166 49
F
92
102
Days On Market
3 Mo. Roll Avg
A
51
5
M
55
6
J
56
8
M
A M
J
37 115 128 90
59 81 93 111
J
60
15
F
42
6
M
43
7
A
60
12
S
72
24
N
4
4
D J 14
11
5
6
7
F
5
7
M
6
5
A
9
7
M
11
9
J
9
10
J
9
10
A
11
10
S
4
8
O
6
7
N
5
5
D J 14
F M
A M
J
J
A
S
O
N
888 525 943 560 775 725 748 810 772 635 718
902 774 785 676 759 687 749 761 777 739 708
1,225 908 910

1,040 1,034 1,014
A
63
5
S
61
9
O
59
10
N
51
9
D J 13
44 43
6
5
A
48
4
M
59
7
J
61
12
J
58
5
O
68
17
N
62
16
D J 14
49 40
4
8
F
43
9
M
46
8
A
48
5
M
54
5
J
56
6
J
54
6
A
51
5
S
49
12
O
46
8
N
45
9
J
A
17 103
78 70
S
42
54
O
68
71
N
96
69
D J 13
F M
A
96 174 176 54 120
87 122 149 135 117
M
80
85
J
69
90
J
A
S
O
50 125 153 59
66 81 109 112
N
78
97
D J 14
F M
A
97 74 154 123 90
78 83 108 117 122
M
85
99
J
72
82
J
A
S
O
N
59 123 173 98 83
72 85 118 131 118
D 11 J 12
F M
A M
J
J
A
S
O
N
D J 13
F M
A M
J
J
A
S
O
N
D J 14
F M
A M
J
J
A
S
O
N
286 305 322 313 308 290 325 447 348 392 409 323 487 340 283 355 342 368 370 395 413 338 403 422 434 372 423 358 440 416 434 343 433 335 407 412
304 313 314 304 308 354 373 396 383 375 406 383 370 326 327 355 360 378 393 382 385 388 420 409 410 384 407 405 430 398 403 370 392 385
Price per Sq Ft
3 Mo. Roll Avg
D 11 J 12
Sale to List Price
3 Mo. Roll Avg
(000's)
D J 13
D J 14
0.950 0.937 0.956 1.009 0.982 0.952 0.978 0.971 0.993 0.966 0.928 0.940 0.911 0.943 0.927 0.942 0.997 0.967 0.939 0.957 0.949 0.940 0.929 1.049 0.952 0.949 0.937 1.005 0.992 0.951 0.942 0.951 0.955 0.961 0.920 0.941
0.948 0.967 0.982 0.981 0.971 0.967 0.981 0.977 0.962 0.945 0.926 0.931 0.927 0.937 0.955 0.969 0.968 0.954 0.948 0.949 0.939 0.973 0.977 0.983 0.946 0.964 0.978 0.983 0.962 0.948 0.949 0.956 0.945 0.941
D 11 J 12
8 10
55 50
8
5
New Listings
Inventory
Sales
Avg Sale Price

3 Mo. Roll Avg
M
42
11
O
4
4
F
11
48
7
M
5
42
4
A
20
51
11
M
14
55
10
J
11
56
7
J
17
60
4
A
11
63
13
S
8
61
7
O
8
59
6
N
7
51
6
D J 13
3 13
44 43
8
9
F
13
42
7
M
12
43
6
A
14
48
11
M
22
59
8
J
12
61
5
J
7
58
12
D 11 J 12
F M
A M
J
J
A
S
O
N
D J 13
F M
A M
J
J
749 785 795 517 776 706 1,149 1,081 719 706 695 945 970 715 632 1,042 748 653 909 1,074
776 699 696 666 877 979 983 835 706 782 870 877 772 796 807 814 770 878
A
14
60
5
S
16
72
3
O
10
68
4
N
8
62
4
D J 14
2
5
49 40
11
5
F
9
43
5
M
20
46
6
A
13
48
9
M
17
54
11
J
12
56
9
J
11
54
9
A
13
51
11
D J 14
F M
A M
J
J
A
S
O
N
875 682 1,011 638 943 754 737 827 781 705 729
896 826 856 777 864 779 812 773 781 771 738
1,058 1,067 1,211 892 921

1,013 1,066 1,112 1,057 1,008
Based on information from MLSListings, Inc for the period 12/1/2011 through 11/30/2014. 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.
S
9
49
4
O
10
46
6
N
11
45
5

Carmel Valley Homes Market Action Report Real Estate Sales For November 2014

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November 2014

MARKET ACTION REPORT

City: Carmel Valley

Market Profile & Trends Overview

MARKET ACTION REPORT

City: Carmel Valley

Inventory & MSI

Selling Price per Square Foot

MARKET ACTION REPORT

City: Carmel Valley

Price Range: $0 to $999,999,000 | Properties: Single Family Home, Townhome, Condo

Selling Price vs Listing Price

Inventory / New Listings / Sales

MARKET ACTION REPORT

City: Carmel Valley

1,225 908 910

Avg Sale Price

1,058 1,067 1,211 892 921

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