MARKET ACTION REPORT October 2010

Nicole Truszkowski
City: Big Sur Coast CIPS, CLHMS, TRC, Broker Associate
831-238-7449
Nicole@EstatesofCarmel.com
Price Range: All | Properties: Single Family www.EstatesofCarmel.com
Trending versus*: Trending versus*:
Market Profile & Trends Overview Month LM L3M PYM LY YTD Prior YTD Prior Year
Median List Price of all Current Listings $2,495,000
Average List Price of all Current Listings $3,090,295
October Median Sales Price $0 $2,100,000
October Average Sales Price $0 $2,337,350
Total Properties Currently for Sale (Inventory) 43
October Number of Properties Sold 0 5
October Average Days on Market (Solds) 0 166
Asking Price per Square Foot (based on New Listings) $846 $1,890
October Sold Price per Square Foot $0 $1,430
October Month's Supply of Inventory 0.0 35.5
October Sale Price vs List Price Ratio 0.0% 79.6%
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2009) / YTD = Year-to-date | Arrows indicate if Month / YTD values are higher (up), lower (down) or unchanged (flat)

Number of Properties Sold 3 Mo Avg

3
Property Sales
October Property sales were 0, up from 0 in October 2

2
of 2009 and 100.0% lower than the 1 sales last
month. October 2010 sales were at their highest level 2
compared to October of 2009 and 2008. October
YTD sales of 5 are running 400.0% ahead of last 1

1
1
year's year-to-date sales of 1.
1
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0

0
0
0
0
0
0
0

0
0
0

0
0

0
0
N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O
07 08 09 10

Median Sales Price and Average Sales Price

(000's)
3 Mo Avg
Prices Median means Middle (the same # of properties sold above and below the Median)

The Median Sales Price in October was $0, up from 5,300

$0 in October of 2009 and down 100.0% from 4,300
$3,100,000 last month. The Average Sales Price in
October was $0, up from $0 in October of 2009 and 3,300
down 100.0% from $3,100,000 last month. October
2,300
2010 ASP was at the highest level compared to
October of 2009 and 2008. 1,300

300
N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O
07 08 09 10

Total Inventory & Month's Supply of Inventory (MSI)

Inventory & MSI 50
MSI is the # of month's needed to sell all of the Inventory at the monthly Sales Pace
50
The Total Inventory of Properties available for sale as of
45 45
47

October was 43, up 7.5% from 40 last month and up

45

45

40 40
43

48.3% from 29 in October of last year. October 2010

40

40

35 35
38
38
37

Inventory was at its highest level compared with October

36

35
34

30 30
of 2009 and 2008.
29
29

25 25
25

20 20
15 15
18

A comparatively lower MSI is more beneficial for sellers

17
17
16
16

while a higher MSI is better for buyers. The October 2010 10 10

12
10
10
10

5 5
8

MSI of 0.0 months was at its highest level compared with

7
7
3
3
3
3
3
3
4
5
6

October of 2009 and 2008. 0 0

N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O
07 08 09 10

Copyright © Sotheby’s International Realty | Price Range: All | Property Types: Single Family
Data is provided courtesy of MLS Listings Inc. and may not reflect all relevant real estate activity. Sotheby’s International Realty does not warrant or guarantee
the accuracy of this information. It is the responsibility of any buyer or seller to verify any and all information relevant to such consumer’s real estate transaction.
MARKET ACTION REPORT October 2010
Nicole Truszkowski
City: Big Sur Coast CIPS, CLHMS, TRC, Broker Associate
831-238-7449
Nicole@EstatesofCarmel.com
Price Range: All | Properties: Single Family
www.EstatesofCarmel.com

Days On Market for Sold Properties

Market Time Average Days on Market (Listing to Contract) for properties sold during the month 3 Mo Avg
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 October was 0, down 100.0% from 348 days
last month and up from 0 days in October of last year.
The October 2010 DOM was at its lowest level compared
with October of 2009 and 2008.

Selling Price per Square Foot

3 Mo Avg
Selling Price per Square Foot Average Selling Price per Square Foot for properties that sold during the month

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
October 2010 Selling Price per Square Foot of $0 was
down 100.0% from $2,214 last month and up from 0 in
October of last year. 0 0 0

Selling Price versus Listing Price Ratio

Avg Selling Price divided by Avg Listing Price for sold properties during the month 3 Mo Avg

Selling Price vs Original Listing Price

The Selling Price vs Original Listing Price reveals the
average amount that Sellers are agreeing to come down
from their original 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 October 2010 Selling Price vs Original List Price of
0.0% was down from 77.6% last month and up from
0.0% in October of last year.

Inventory / New Listings / Sales

Inventory / New Listings / Sales 50 Inventory New Listings Sales
45
This last view of the market combines monthly
47
45

45

40
43

inventory of Properties for sale along with New Listings

40

40

35
38
38
37

and Sales. The graph shows the basic annual

36

35

30
34

seasonality of the market as well as the relationship

25
29
29

between these items. The number of New Listings in

25

20
October 2010 was 4, up 100.0% from 2 last month and
15
18
17
17

up 100.0% from 2 in October of last year.

16
16

10
12
10
10
10

5
8
7
7
3
3
3
3
3
3
4
5
6

0
N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O
07 08 09 10
Copyright © Sotheby’s International Realty | Price Range: All | Property Types: Single Family
Data is provided courtesy of MLS Listings Inc. and may not reflect all relevant real estate activity. Sotheby’s International Realty does not warrant or guarantee
the accuracy of this information. It is the responsibility of any buyer or seller to verify any and all information relevant to such consumer’s real estate transaction.
Inventory / Listings / Sales October 2010
Nicole Truszkowski
City: Big Sur Coast CIPS, CLHMS, TRC, Broker Associate
831-238-7449
Nicole@EstatesofCarmel.com
Price Range: All | Properties: Single Family
www.EstatesofCarmel.com

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 October 2010 was 4, up
100.0% from 2 last month and up 100.0% from 2 in October of last year.

50 Inventory New Listings Sales

47
45

45

45

43
40

40

40
38

38
37
35

36

35
34
30

29

29
25

25
20

18
17

15 17
16
16
12

10
10

10

10
8

8
7

7
5
1 6

6
1 5
14

4
3

3
3

3
0
0
0
0
0
0
0
0
0
0
0
0

0
1
0
0
0
1
0
2
0
0
0
0
0
3
0

1
0
0
1
0
0
0
1
0

0
2
0

1
3
0
2
2

0
3
0
3
1

1
2
1

0
0
N D J 08 F M A M J J A S O N D J 09 F M A M J J A S O N D J 10 F M A M J J A S O
07

Copyright © Sotheby’s International Realty | Price Range: All | Property Types: Single Family
Data is provided courtesy of MLS Listings Inc. and may not reflect all relevant real estate activity. Sotheby’s International Realty does not warrant or guarantee
the accuracy of this information. It is the responsibility of any buyer or seller to verify any and all information relevant to such consumer’s real estate transaction.