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September 2015

MARKET ACTION REPORT


Nicole Truszkowski

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

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

Month

LM

L3M PYM

Trending Versus*:

LY

$925,000
$1,396,259
$645,000
$883,791
85
20
60
$491
$444
4.3
97.6%

YTD

PriorYTD

PriorYear

$637,000
$755,233
240
73
$461
$427
3.5
96.8%

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

Property Sales
September Property sales were 20, down -25.9% from 27 in September of 2014 and -35.5% lower than the 31 sales last month. September 2015 sales were at
their lowest level compared to September of 2014 and 2013. September YTD sales of 240 are running 29.7% ahead of last year's year-to-date sales of 185.

Prices
The Median Sales Price in September was $645,000, down -0.6% from $649,000 in September of 2014 and down -0.8% from $650,000 last month. The
Average Sales Price in September was $883,791, up 0.0% from $883,588 in September of 2014 and up 31.1% from $674,369 last month. September 2015
ASP was at highest level compared to September 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 10/1/2012 through 9/30/2015. 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.

September 2015

MARKET ACTION REPORT


Nicole Truszkowski

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

City: Monterey
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 September was 85, down -7.6% from 92 last month and down -32.5% from 126 in September of last
year. September 2015 Inventory was at the lowest level compared to September of 2014 and 2013.
A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers. The September 2015 MSI of 4.3 months was at a mid range
compared with September 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 September was 60, up 7.1% from 56 days
last month and up 9.1% from 55 days in September of last year. The September 2015 DOM was at a mid range compared with September 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 September 2015 Selling Price per Square Foot of $444 was down -3.9% from $462 last month and up 8.6% from $409 in September 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 10/1/2012 through 9/30/2015. 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.

September 2015

MARKET ACTION REPORT


Nicole Truszkowski

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

City: Monterey
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 September 2015 Selling Price vs List Price of 97.6% was
up from 96.5% last month and down from 99.2% in September 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 September 2015 was 30, down -25.0% from 40 last
month and down -28.6% from 42 in September 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 10/1/2012 through 9/30/2015. 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.

September 2015

MARKET ACTION REPORT


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

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

O 12
25

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

N
21

D J 13
27 25
24 24

F
18
23

M
26
23

A
28
24

M
28
27

J
26
27

J
24
26

A
32
27

S
28
28

O
23
28

N
25
25

D J 14
26 16
25 22

F
16
19

M
18
17

A
22
19

M
32
24

J
18
24

J
17
22

A
19
18

S
27
21

O
27
24

N
23
26

D J 15
21 20
24 21

F
21
21

M
30
24

A
23
25

M
27
27

J
20
23

J
48
32

A
31
33

S
20
33

MedianSalePrice
3 Mo. Roll Avg

O 12
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
J
A
S
480 545 408 480 433 472 475 597 548 552 600 648 595 540 510 588 556 600 573 624 476 762 580 649 725 640 525 634 530 593 699 655 576 653 650 645
478 478 440 461 460 514 540 565 566 600 614 594 548 546 551 581 576 599 558 621 606 664 651 671 630 600 563 585 607 649 643 628 626 649

Inventory
MSI

O 12
N
110 102
4
5

D J 13
82 88
3
4

O 12
65

D J 13
F
86 76 131
83 87 98

Days On Market
3 Mo. Roll Avg

M
A M
J
J
A
S
98 101 104 114 109 108 108
4
4
4
4
5
3
4

O
98
4

N
93
4

D J 14
75 75
3
5

F
80
5

M
96
5

A M
J
J
A
S
O
N
93 100 113 111 120 126 124 110
4
3
6
7
6
5
5
5

D J 15
89 86
4
4

F
84
4

M
80
3

A
78
3

M
83
3

J
92
5

J
87
2

A
92
3

S
85
4

M
67
91

O
62
65

N
80
68

D J 14
76 74
73 77

F
63
71

M
73
70

A
75
70

D J 15
93 107
73 88

F M
79 121
93 102

A
66
89

M
50
79

J
77
64

J
60
62

A
56
64

S
60
59

A
53
84

M
72
64

J
49
58

J
58
60

A
71
59

S
62
64

M
45
64

J
45
55

J
78
56

A
75
66

S
55
69

O
63
64

N
63
60

O 12
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
J
A
S
323 329 316 286 311 344 304 396 356 384 351 408 423 379 376 365 394 414 395 413 392 438 402 409 451 439 399 416 438 395 380 438 455 422 462 444
323 310 304 314 320 348 352 379 364 381 394 403 393 373 378 391 401 407 400 414 411 416 421 433 430 418 418 416 404 404 424 438 446 443

Price per Sq Ft
3 Mo. Roll Avg

O 12
Sale to List Price
3 Mo. Roll Avg

(000's)

D J 13

D J 14

D J 15

0.955 0.956 0.981 0.988 0.995 0.974 0.982 0.993 0.988 0.982 0.993 0.979 0.982 0.974 0.964 0.974 0.979 0.987 1.007 0.975 0.964 0.959 0.971 0.992 0.972 0.995 0.941 0.958 0.973 0.976 0.981 0.988 0.984 0.969 0.965 0.976
0.964 0.975 0.988 0.986 0.984 0.983 0.988 0.988 0.988 0.985 0.985 0.978 0.973 0.971 0.972 0.980 0.991 0.990 0.982 0.966 0.965 0.974 0.978 0.986 0.969 0.965 0.957 0.969 0.977 0.982 0.984 0.980 0.973 0.970

O 12
N
25 29
110 102
25 21

New Listings
Inventory
Sales

Avg Sale Price


3 Mo. Roll Avg

N
99

F
86
5

D J 13
15 31
82 88
27 25

F
32
86
18

M
A M
J
J
A
S
38 33 36 34 37 39 35
98 101 104 114 109 108 108
26 28 28 26 24 32 28

O
22
98
23

N
20
93
25

D J 14
16 24
75 75
26 16

F
28
80
16

M
43
96
18

A M
J
J
A
S
O
N
40 32 38 33 40 42 30 20
93 100 113 111 120 126 124 110
22 32 18 17 19 27 27 23

D J 15
8 29
89 86
21 20

F
32
84
21

M
35
80
30

A
36
78
23

M
35
83
27

J
50
92
20

J
32
87
48

A
40
92
31

S
30
85
20

O 12
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
J
A
S
660 610 463 514 525 586 513 698 616 616 651 732 696 685 693 633 610 672 580 755 726 874 823 884 782 737 706 697 660 687 754 716 782 874 674 884
578 529 501 541 541 599 609 644 628 666 693 704 691 670 645 638 621 669 687 785 808 860 829 801 742 713 687 681 700 719 751 791 777 811

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 10/1/2012 through 9/30/2015. 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.