You are on page 1of 4

May 2015

MARKET ACTION REPORT


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

MLS Area: Big Sur Coast #157


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

Month

LM

L3M PYM

Trending Versus*:

LY

$1,945,000
$2,619,846
$0
$0
13
0
0
$705
$0
0.0
0.0%

YTD

PriorYTD

PriorYear

$150,000
$150,000
1
209
$738
$112
2.6
81.1%

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

Property Sales
May Property sales were 0, equal to 0 in May of 2014 and -100.0% lower than the 1 sales last month. May 2015 sales were at their lowest level compared to
May of 2014 and 2013. May YTD sales of 1 are running -50.0% behind last year's year-to-date sales of 2.

Prices
The Median Sales Price in May was $0, equal to $0 in May of 2014 and down -100.0% from $150,000 last month. The Average Sales Price in May was $0,
equal to $0 in May of 2014 and down -100.0% from $150,000 last month. May 2015 ASP was at the lowest level compared to May 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 6/1/2012 through 5/31/2015. 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.

May 2015

MARKET ACTION REPORT


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

MLS Area: Big Sur Coast #157


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 May was 13, equal to 13 last month and down -40.9% from 22 in May of last year. May 2015
Inventory was at the lowest level compared to May of 2014 and 2013.
A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers. The May 2015 MSI of 0.0 months was at its lowest level
compared with May 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 May was 0, down -100.0% from 209 days
last month and equal to 0 days in May of last year. The May 2015 DOM was at its lowest level compared with May 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 May 2015 Selling Price per Square Foot of $0 was down -100.0% from $112 last month and equal to $0 in May 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 6/1/2012 through 5/31/2015. 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.

May 2015

MARKET ACTION REPORT


Nicole Truszkowski

MLS Area: Big Sur Coast #157

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 May 2015 Selling Price vs List Price of 0.0% was down
from 81.1% last month and equal to 0.0% in May 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 May 2015 was 1, equal to 0 last month and equal to 1
in May 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 6/1/2012 through 5/31/2015. 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.

May 2015

MARKET ACTION REPORT


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

MLS Area: Big Sur Coast #157


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

Homes Sold
3 Mo. Roll Avg
(000's)

MedianSalePrice
3 Mo. Roll Avg

Inventory
MSI

Days On Market
3 Mo. Roll Avg

Price per Sq Ft
3 Mo. Roll Avg

J 12
2

J
0

A
1
1

O
0
0

N
0
0

J 12
913

J
A
S
O
0 480
0
0
464 160 160

N
0
0

J 12
27
14

J
32
0

A
32
32

J 12
56

J
0

1,095

J 12
879

J
A
0 240
373

J 12

S
0
0

S
28
0

O
27
0

S
O
0
0
384 365 365

N
24
0

D J 13
2
1
1
1

F
0
1

M
2
1

D J 13

3,750 300
0 1,196
1,250 1,350 1,350 499

D J 13
20 23
10 23

F
22
0

M
25
13

A
0
1

M
1
1

J
2
1

A M
J
0 1,598 553
399 931 717
A
25
0

M
28
28

J
28
14

J
1
1

A
0
1

S
2
1

3,750
0 1,495
1,967 1,434 1,748

J
25
25

N
D J 13
F M
A M
J
J
0 327 439
0 778
0 439 143 123
0 109 255 255 406 259 406 194 235

A
25
0

O
2
1

N
0
1

D J 14
0
1
1
0

F
0
0

A
1
1

S
0
1

O
2
1

N
1
1

D J 15
2
0
2
1

O
N
D J 14
F M
A M
J
J
A
537
0
0 1,650
0
0 1,200
0
0 2,803 599
677 677 179 550 550 550 400 400 400 934 1,134

S
0

F
24
0

M
0
0

A
1
0

M
0
0

S
21
11

O
23
12

N
25
0

D J 14
28 21
0 21

M
22
0

A
23
23

M
22
0

A
S
0 155
89 93

O
56
70

N
0
70

D J 14
F M
0 373
0
0
19 124 124 124

A
27
9

M
0
9

J
0
0

J
22
0

J
2
1

F
0
1

A
1
0

M
0
0

D J 15
F
0
0
979 207

M
A
0 150
0 50

M
0
50

D J 15
16 15
8
0

M
14
0

A
13
13

M
13
0

1,480 2,315 621


1,134 693 1,265 1,472

N
21
21

F
15
0

M
0
0

J
24
12

A
25
25

S
27
0

O
27
14

J
J
0 213
9 71

A
33
82

S
0
82

O
N
D J 15
F
21 643 332
0
0
18 221 332 325 111

M
A
0 209
0 70

M
0
70

S
0
80

O
0
80

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
0 1,128 600
0 1,531
0 1,211 482 1,157
0 721 468
0
0 1,172
0
0 463
0
0 839 475
0 834 494 644
0
0
0 376 576 576 710 510 914 564 950 546 626 396 396 156 391 391 391 154 154 154 280 438 438 436 443 657 379 215

M
A
0 112
0 37

M
0
37

D J 13

D J 14

D J 15

Sale to List Price


3 Mo. Roll Avg

0.870 0.000 0.970 0.000 0.000 0.000 0.861 0.938 0.000 0.911 0.000 0.801 0.968 0.949 0.000 0.911 0.840 0.000 0.000 0.919 0.000 0.000 1.000 0.000 0.000 0.898 1.000 0.000 0.898 1.218 0.929 0.000 0.000 0.000 0.811 0.000
0.613 0.323 0.323 0.000 0.287 0.600 0.600 0.616 0.304 0.571 0.590 0.906 0.639 0.620 0.584 0.584 0.280 0.306 0.306 0.306 0.333 0.333 0.333 0.299 0.633 0.633 0.633 0.705 1.015 0.716 0.310 0.000 0.270 0.270

New Listings
Inventory
Sales

J 12
1
27
2
(000's)

Avg Sale Price


3 Mo. Roll Avg

J 12
913

J
6
32
0

A
1
32
1

S
2
28
0

O
3
27
0

N
1
24
0

J
A
S
O
0 480
0
0
464 160 160

N
0
0

D J 13
0
3
20 23
2
1

F
3
22
0

M
4
25
2

D J 13

3,750 300
0 1,196
1,250 1,350 1,350 499

A
3
25
0

M
5
28
1

J
2
28
2

A M
J
0 1,598 553
399 931 717

J
2
25
1

A
4
25
0

S
0
21
2

3,750
0 1,495
1,967 1,434 1,748

O
4
23
2

N
2
25
0

D J 14
3
2
28 21
0
1

F
4
24
0

M
1
22
0

A
3
23
1

M
1
22
0

J
2
22
0

J
2
24
2

A
1
25
1

S
4
27
0

O
N
D J 14
F M
A M
J
J
A
537
0
0 1,650
0
0 1,200
0
0 2,803 599
1,134
677 677 179 550 550 550 400 400 400 934

1,134

S
0

O
1
27
2

N
0
21
1

D J 15
0
2
16 15
2
0

D J 15
F
0
0
979 207

1,480 2,315 621


693 1,265 1,472

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 6/1/2012 through 5/31/2015. 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.

F
2
15
0

M
1
14
0

A
0
13
1

M
1
13
0

M
A
0 150
0 50

M
0
50

You might also like