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

Month

LM

L3M PYM

Trending Versus*:

LY

$2,322,500
$4,393,870
$1,827,500
$1,946,071
66
7
124
$736
$719
9.4
93.7%

YTD

PriorYTD

PriorYear

$1,827,500
$1,946,071
7
124
$736
$719
9.4
91.0%

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

Property Sales
January Property sales were 7, up 16.7% from 6 in January of 2014 and -22.2% lower than the 9 sales last month. January 2015 sales were at a mid level
compared to January of 2014 and 2013. January YTD sales of 7 are running 16.7% ahead of last year's year-to-date sales of 6.

Prices
The Median Sales Price in January was $1,827,500, down -4.7% from $1,918,000 in January of 2014 and up 105.3% from $890,000 last month. The Average
Sales Price in January was $1,946,071, down -19.6% from $2,419,500 in January of 2014 and up 55.6% from $1,250,988 last month. January 2015 ASP was at
a mid range compared to January 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 2/1/2012 through 1/31/2015. 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.

January 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 January was 66, up 10.0% from 60 last month and down -5.7% from 70 in January of last year.
January 2015 Inventory was at the lowest level compared to January of 2014 and 2013.
A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers. The January 2015 MSI of 9.4 months was at a mid range
compared with January 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 January was 124, up 188.4% from 43
days last month and down -1.6% from 126 days in January of last year. The January 2015 DOM was at its lowest level compared with January 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 January 2015 Selling Price per Square Foot of $719 was up 20.0% from $599 last month and up 3.5% from $695 in January 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 2/1/2012 through 1/31/2015. 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.

January 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 January 2015 Selling Price vs List Price of 93.7% was
down from 95.5% last month and up from 93.4% in January 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 January 2015 was 20, up 122.2% from 9 last month
and down -4.8% from 21 in January 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 2/1/2012 through 1/31/2015. 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.

January 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

F 12
10

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

MedianSalePrice
3 Mo. Roll Avg

F 12
1,317

M
16

A
9
12

M
13
13

M
A M
664 995 1,068
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

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

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
1,504 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

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

A
10
10

A
77
15

N
69
6

J
14
10

M
65
4

O
79
7

J
7
7

F
68
10

S
90
9

M
10
11

F 12 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 J 15
604 461 477 439 610 486 603 394 417 508 545 467 417 478 601 458 691 525 584 691 562 531 656 695 638 496 576 759 428 623 578 657 988 455 599 719
514 459 509 512 566 494 471 440 490 507 476 454 499 512 583 558 600 600 612 595 583 627 663 610 570 610 588 603 543 619 741 700 681 591
J

A
98
12

F M
750 1,263
837 978

A
5
10

Price per Sq Ft
3 Mo. Roll Avg

J
95
7

M
18
12

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

J
90
11

F
7
9

Days On Market
3 Mo. Roll Avg

M
96
7

A
8
10

F 12
94
9

A
83
9

J
14
12

Inventory
MSI

F 12

M
91
6

J
8
10

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 J 15
60 66
7
9

O
N
91 130
93 107

D J 15
43 124
88 99

D J 15

Sale to List Price

3 Mo. Roll Avg

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 0.937
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 0.954

New Listings
Inventory
Sales

F 12
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 J 15
9 20
60 66
9
7

F 12

D J 13

D J 14

D J 15

(000's)

Avg Sale Price

3 Mo. Roll Avg

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 1,946
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 1,421

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 2/1/2012 through 1/31/2015. 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.