December 2014

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

Month

LM

L3M PYM

Trending Versus*:

LY

$2,350,000
$4,747,549
$890,000
$1,250,988
59
9
43
$744
$599
6.6
95.5%

YTD

PriorYTD

PriorYear

$1,420,000
$2,306,894
128
109
$713
$657
7.4
92.5%

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

Property Sales
December Property sales were 9, up 28.6% from 7 in December of 2013 and 50.0% higher than the 6 sales last month. December 2014 sales were at their
highest level compared to December of 2013 and 2012. December YTD sales of 128 are running 8.5% ahead of last year's year-to-date sales of 118.

Prices
The Median Sales Price in December was $890,000, down -55.5% from $2,000,000 in December of 2013 and down -20.0% from $1,112,500 last month. The
Average Sales Price in December was $1,250,988, down -45.9% from $2,310,286 in December of 2013 and up 17.2% from $1,067,083 last month. December
2014 ASP was at the lowest level compared to December 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 1/1/2012 through 12/31/2014. Due to MLS reporting methods and allowable reporting policy, this data isonly
informational and may not be completely accurate. Therefore, Sotheby's Residential Brokerage does not guarantee the data accuracy. Data maintained by theMLS's
may not reflect all real estate activity in the market.

December 2014

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 December was 59, down -11.9% from 67 last month and down -13.2% from 68 in December of last
year. December 2014 Inventory was at the lowest level compared to December of 2013 and 2012.
A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers. The December 2014 MSI of 6.6 months was at its lowest
level compared with December 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 December was 43, down -66.9% from 130
days last month and down -73.9% from 165 days in December of last year. The December 2014 DOM was at its lowest level compared with December 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 December 2014 Selling Price per Square Foot of $599 was up 31.6% from $455 last month and down -8.7% from $656 in December 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 1/1/2012 through 12/31/2014. Due to MLS reporting methods and allowable reporting policy, this data isonly
informational and may not be completely accurate. Therefore, Sotheby's Residential Brokerage does not guarantee the data accuracy. Data maintained by theMLS's
may not reflect all real estate activity in the market.

December 2014

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 December 2014 Selling Price vs List Price of 95.5% was
down from 96.9% last month and up from 92.6% in December 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 December 2014 was 9, down -40.0% from 15 last
month and up 50.0% from 6 in December 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 1/1/2012 through 12/31/2014. Due to MLS reporting methods and allowable reporting policy, this data isonly
informational and may not be completely accurate. Therefore, Sotheby's Residential Brokerage does not guarantee the data accuracy. Data maintained by theMLS's
may not reflect all real estate activity in the market.

December 2014

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

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

MedianSalePrice
3 Mo. Roll Avg

J 12
10

F
10

J 12

1,794 1,317

A
9
12

M
13
13

M
A M
664 995 1,068
1,258 992 909

S
10
11

O
11
10

N
12
11

D J 13
7 12
10 10

D J 13

1,398 1,171 1,560 925 925 1,288 840 920

1,154 1,212 1,376 1,219 1,137 1,046 1,018 1,016

A
98
12

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
9
10

D J 14

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
1,504 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

A
88
9

S
85
7

O
88
9

N
76
13

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

D J 13
60 70
9
6

J
14
10

A
77
15

N
69
6

J
7
7

M
65
4

O
79
7

M
10
11

F
68
10

S
90
9

F M
750 1,263
837 978

A
5
10

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
D
515 604 461 477 439 610 486 603 394 417 508 545 467 417 478 601 458 691 525 584 691 562 531 656 695 638 496 576 759 428 623 578 657 988 455 599
527 514 459 509 512 566 494 471 440 490 507 476 454 499 512 583 558 600 600 612 595 583 627 663 610 570 610 588 603 543 619 741 700 681
J

J
95
7

M
18
12

Price per Sq Ft
3 Mo. Roll Avg

J
90
11

F
7
9

J 12
F M
A M
J
J
239 102 198 183 100 41 142
180 161 160 108 94

M
96
7

A
8
10

Days On Market
3 Mo. Roll Avg

A
83
9

J
14
12

J 12
92
9

M
91
6

J
8
10

Inventory
MSI

J 12

F
94
9

M
16
12

D J 13

M
80
8

J
89
13

J
87
6

D J 14
68 70
10 12

D J 14

F
69
5

M
64
6

A
64
6

M
68
5

J
76
11

J
83
8

A
77
10

S
71
5

A
S
88 100
81 90

O
73
5

N
67
11

D
59
7

O
N
91 130
93 107

D
43
88

Sale to List Price

3 Mo. Roll Avg

0.948 0.943 0.929 0.973 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
0.940 0.948 0.949 0.945 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

New Listings
Inventory
Sales

J 12
18
92
10

F
24
94
10

M
15
91
16

A
10
83
9

M
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
9
59
9

J 12

D J 13

D J 14

(000's)

Avg Sale Price

3 Mo. Roll Avg

2,560 1,912 1,118 1,458 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
1,863 1,496 1,231 1,646 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

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 1/1/2012 through 12/31/2014. 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.