April 2015

MARKET ACTION REPORT

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

City: Pebble Beach

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

Month

LM

L3M PYM

Trending Versus*:

LY

$2,275,000
$3,920,320
$1,340,000
$1,463,182
61
11
149
$591
$560
5.5
94.3%

YTD

PriorYTD

PriorYear

$1,424,000
$1,749,563
36
141
$714
$615
7.8
94.6%

* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year / YTD = Year-to-date

Property Sales
April Property sales were 11, equal to 11 in April of 2014 and 10.0% higher than the 10 sales last month. April 2015 sales were at a mid level compared to
April of 2014 and 2013. April YTD sales of 36 are running -12.2% behind last year's year-to-date sales of 41.

Prices
The Median Sales Price in April was $1,340,000, down -0.7% from $1,350,000 in April of 2014 and up 3.4% from $1,296,500 last month. The Average Sales
Price in April was $1,463,182, down -8.0% from $1,590,545 in April of 2014 and down -0.7% from $1,473,800 last month. April 2015 ASP was at the lowest
level compared to April of 2014 and 2013.

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 5/1/2012 through 4/30/2015. 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.

April 2015

MARKET ACTION REPORT

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

City: Pebble Beach

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

Inventory & MSI

The Total Inventory of Properties available for sale as of April was 61, down -11.6% from 69 last month and down -4.7% from 64 in April of last year. April
2015 Inventory was at the lowest level compared to April of 2014 and 2013.
A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers. The April 2015 MSI of 5.5 months was at its lowest level
compared with April of 2014 and 2013.

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 April was 149, up 27.4% from 117 days
last month and up 0.7% from 148 days in April of last year. The April 2015 DOM was at its highest level compared with April of 2014 and 2013.

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 April 2015 Selling Price per Square Foot of $560 was up 10.5% from $507 last month and down -2.8% from $576 in April of last year.

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 5/1/2012 through 4/30/2015. 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.

April 2015

MARKET ACTION REPORT

Nicole Truszkowski

City: Pebble Beach

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

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

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 April 2015 Selling Price vs List Price of 94.3% was
down from 98.5% last month and up from 93.0% in April 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 April 2015 was 11, down -31.3% from 16 last month
and down -15.4% from 13 in April of last year.

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 5/1/2012 through 4/30/2015. 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.

April 2015

MARKET ACTION REPORT

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

City: Pebble Beach

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

M 12
13

Homes Sold
3 Mo. Roll Avg

J
8

J
14
12

A
8
10

S
10
11

O
11
10

N
12
11

D J 13
7 12
10 10

(000's) M 12
J
J
A
S
O
N
D J 13
1,068 1,398 1,171 1,560 925 925 1,288 840 920
1,212 1,376 1,219 1,137 1,046 1,018 1,016

MedianSalePrice
3 Mo. Roll Avg

Inventory
MSI

Days On Market
3 Mo. Roll Avg

M 12
96
7

J
90
11

M 12
100

J
J
41 142
94

M 12
Sale to List Price
3 Mo. Roll Avg

Avg Sale Price

3 Mo. Roll Avg

A
98
12

S
90
9

O
79
7

N
69
6

D J 13
60 70
9
6

M
18
12

F M
750 1,263
837 978

A
5
10

M
10
11

J
7
7

J
14
10

A
10
10

S
12
12

O
10
11

N
6
9

D J 14
7
6
8
6

F
14
9

M
10
10

A
11
12

M
15
12

J
7
11

J
11
11

A
8
9

S
15
11

O
16
13

N
6
12

D J 15
9
7
10
7

F
8
8

M
10
8

A
11
10

D J 14

D J 15

2,500 785 1,450 1,238 945 2,000 1,105 1,028 2,000 1,918 1,354 1,450 1,350 1,495 1,150 1,650 1,610 1,570 1,288 1,113 890 1,828 1,863 1,297 1,340
1,504 1,516 1,578 1,158 1,211 1,394 1,350 1,378 1,378 1,649 1,757 1,574 1,385 1,432 1,332 1,432 1,470 1,610 1,489 1,323 1,097 1,277 1,527 1,662 1,500

F
68
10

M
65
4

A
77
15

M
80
8

J
89
13

J
87
6

A
88
9

S
85
7

O
88
9

N
76
13

D J 14
68 70
10 12

F
69
5

M
64
6

A
64
6

M
68
5

J
76
11

J
83
8

A
S
O
N
D J 13
F
67 126 159 141 136 132 60
83 112 117 142 145 136 109

M
91
94

A M
J
J
A
65 201 131 35 113
72 119 132 122 93

S
86
78

O
91
97

N
D J 14
F M
A M
J
J
89 165 126 104 160 148 150 73 81
89 115 127 132 130 137 153 124 101

A
77
10

S
71
5

A
S
88 100
81 90

O
73
5

N
67
11

O
N
91 130
93 107

D J 15
60 68
7 10

F
72
9

M
69
7

A
61
6

D J 15
F M
A
43 124 174 117 149
88 99 114 138 147

M 12
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
D J 15
F M
A
439 610 486 603 394 417 508 545 467 417 478 601 458 691 525 584 691 562 531 656 695 638 496 576 759 428 623 578 657 988 455 599 719 735 507 560
512 566 494 471 440 490 507 476 454 499 512 583 558 600 600 612 595 583 627 663 610 570 610 588 603 543 619 741 700 681 591 684 654 601

Price per Sq Ft
3 Mo. Roll Avg

New Listings
Inventory
Sales

J
95
7

F
7
9

D J 13

D J 14

D J 15

0.946 0.916 0.939 0.931 0.965 0.960 0.936 0.904 0.949 0.940 0.915 0.984 0.974 0.950 0.978 0.966 0.915 0.940 0.966 0.926 0.934 0.939 0.900 0.930 0.949 0.984 0.946 0.945 0.951 0.917 0.969 0.955 0.937 0.955 0.985 0.943
0.934 0.929 0.945 0.952 0.954 0.933 0.930 0.931 0.935 0.946 0.958 0.969 0.967 0.965 0.953 0.940 0.940 0.944 0.942 0.933 0.924 0.923 0.926 0.954 0.960 0.958 0.947 0.938 0.946 0.947 0.954 0.949 0.959 0.961

M 12
25
96
13

J
19
90
8

J
15
95
14

A
17
98
8

S
13
90
10

O
5
79
11

N
9
69
12

D J 13
7 27
60 70
7 12

F
19
68
7

M
16
65
18

A
22
77
5

M
21
80
10

J
19
89
7

J
18
87
14

A
14
88
10

S
9
85
12

O
11
88
10

N
10
76
6

D J 14
6 21
68 70
7
6

F
12
69
14

M
15
64
10

A
13
64
11

M
17
68
15

J
15
76
7

J
23
83
11

A
18
77
8

S
12
71
15

O
14
73
16

N
15
67
6

D J 15
9 20
60 68
9
7

F
21
72
8

M
16
69
10

A
11
61
11

(000's) M 12
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
D J 15
F M
A
1,117 2,362 1,513 2,814 1,369 1,066 2,078 1,361 1,237 865 1,522 2,780 2,141 1,880 1,552 2,361 2,582 1,353 1,068 2,310 2,420 2,878 1,639 1,591 2,982 1,143 1,864 1,654 2,621 3,948 1,067 1,251 1,946 2,316 1,474 1,463
1,664 2,230 1,899 1,749 1,504 1,502 1,559 1,154 1,208 1,722 2,148 2,267 1,858 1,931 2,165 2,099 1,667 1,577 1,932 2,536 2,312 2,036 2,070 1,905 1,996 1,554 2,046 2,741 2,545 2,089 1,421 1,838 1,912 1,751

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 5/1/2012 through 4/30/2015. 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.