June 2015

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

Month

LM

L3M PYM

Trending Versus*:

LY

$1,222,500
$2,986,208
$999,500
$1,248,971
44
10
133
$351
$464
4.4
95.1%

YTD

PriorYTD

PriorYear

$837,000
$1,002,009
45
100
$479
$448
6.9
95.4%

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

Property Sales
June Property sales were 10, up 11.1% from 9 in June of 2014 and -9.1% lower than the 11 sales last month. June 2015 sales were at their highest level
compared to June of 2014 and 2013. June YTD sales of 45 are running equal to last year's year-to-date sales of 45.

Prices
The Median Sales Price in June was $999,500, up 37.9% from $725,000 in June of 2014 and up 23.4% from $810,000 last month. The Average Sales Price in
June was $1,248,971, up 65.5% from $754,452 in June of 2014 and up 7.4% from $1,163,455 last month. June 2015 ASP was at highest level compared to
June 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 7/1/2012 through 6/30/2015. 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.

June 2015

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

Inventory & MSI

The Total Inventory of Properties available for sale as of June was 44, down -4.3% from 46 last month and down -21.4% from 56 in June of last year. June
2015 Inventory was at the lowest level compared to June of 2014 and 2013.
A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers. The June 2015 MSI of 4.4 months was at its lowest level
compared with June 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 June was 133, up 224.4% from 41 days
last month and up 84.7% from 72 days in June of last year. The June 2015 DOM was at its highest level compared with June 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 June 2015 Selling Price per Square Foot of $464 was down -0.4% from $466 last month and up 6.9% from $434 in June 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 7/1/2012 through 6/30/2015. 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.

June 2015

MARKET ACTION REPORT

Nicole Truszkowski

City: Carmel Valley

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 June 2015 Selling Price vs List Price of 95.1% was down
from 97.7% last month and up from 94.2% in June 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 June 2015 was 8, down -42.9% from 14 last month
and down -33.3% from 12 in June 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 7/1/2012 through 6/30/2015. 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.

June 2015

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

J 12
4

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

MedianSalePrice
3 Mo. Roll Avg

J 12
1,137

J 12
60
15

Inventory
MSI

Days On Market
3 Mo. Roll Avg

A
13

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

A
S
O
N
D J 13
F M
A M
J
J
A
S
685 650 588 799 708 659 715 865 695 714 575 806 925 970
824 641 679 698 722 694 746 758 758 661 698 769 900
F
42
6

M
43
7

A
60
12

S
72
24

O
4
4

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 15
7
6
6
6

F
7
7

M
8
7

A
3
6

M
11
7

J
10
8

D J 14
F M
A M
J
J
A
S
O
N
D J 15
F M
A M
J
888 525 943 560 775 725 748 810 772 635 718 645 1,050 810 718 700 810 1,000
902 774 785 676 759 687 749 761 777 739 708 666 804 835 859 743 743 837

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
50
13

O
47
8

N
47
9

D J 15
41 36
6
6

F
37
5

M
41
5

A
49
16

J 12
A
17 103

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
D J 15
F M
A
59 123 173 98 83 102 115 142 92 103
72 85 118 131 118 94 100 120 116 112

M
46
4

J
44
4

M
J
41 133
79 92

J 12
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 M
J
447 348 392 409 323 487 340 283 355 342 368 370 395 413 338 403 422 434 372 423 358 440 416 434 343 433 335 407 412 337 403 467 424 432 466 464
396 383 375 406 383 370 326 327 355 360 378 393 382 385 388 420 409 410 384 407 405 430 398 403 370 392 385 385 384 402 431 441 441 454

Price per Sq Ft
3 Mo. Roll Avg

J 12

D J 13

D J 14

D J 15

Sale to List Price

3 Mo. Roll Avg

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 0.891 0.930 0.922 0.968 0.981 0.977 0.951
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 0.917 0.921 0.914 0.940 0.957 0.975 0.970

New Listings
Inventory
Sales

J 12
17
60
4
(000's)

Avg Sale Price

3 Mo. Roll Avg

J 12
1,081

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

A
S
O
N
D J 13
F M
A M
J
J
719 706 695 945 970 715 632 1,042 748 653 909 1,074
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

S
9
50
4

O
10
47
6

N
11
47
5

D J 15
7
7
41 36
7
6

F
10
37
7

M
14
46
11

J
8
44
10

D J 14
F M
A M
J
J
A
S
O
N
D J 15
F M
A M
875 682 1,011 638 943 754 737 827 781 705 729 1,243 962 780 756 842 1,163
896 826 856 777 864 779 812 773 781 771 738 892 978 995 833 793 920

1,249
1,085

1,058 1,067 1,211 892 921

1,013 1,066 1,112 1,057 1,008

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 7/1/2012 through 6/30/2015. 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.

M
10
41
8

A
22
49
3