Professional Documents
Culture Documents
Salinas Monterey Highway Homes Market Action Report For Real Estate Sales For January 2013
Salinas Monterey Highway Homes Market Action Report For Real Estate Sales For January 2013
January 2013
Nicole Truszkowski
Broker Associate 831-238-7449 www.estatesofcarmel.com
email: nicole@estatesofcarmel.com
Trending versus*:
Trending versus*:
LY
Month
$1,409,000 $1,761,964 $575,000 $677,411 62 19 59 $313 $247 3.3 96.3%
LM
L3M PYM
YTD
Prior YTD
Prior Year
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2012) / YTD = Year-to-date | Arrows indicate if Month / YTD values are higher (up), lower (down) or unchanged (flat)
Property Sales
January Property sales were 19, up 90.0% from 10 in January of 2012 and the same as the 19 sales last month. January 2013 sales were at their highest level compared to January of 2012 and 2011. January YTD sales of 19 are running 90.0% ahead of last year's year-to-date sales of 10.
30 25 20 15 10
0
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 N D J 10 11 12 13
Prices
The Median Sales Price in January was $575,000, up 1.8% from $565,000 in January of 2012 and up 27.8% from $450,000 last month. The Average Sales Price in January was $677,411, down 1.9% from $690,755 in January of 2012 and up 19.4% from $567,249 last month. January 2013 ASP was at the lowest level compared to January of 2012 and 2011.
(000's)
A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers. The January 2013 MSI of 3.3 months was at its lowest level compared with January of 2012 and 2011.
121 134 140 145 155 165 156 149 146 130 125 117 125 128 133 131 128 129 122 127 120 117 104 98 111 99 101 107 115 102 96 89 79 75
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 N D J 10 11 12 13
Copyright Sothebys International Realty | Price Range: All | Property Types: Single Family - Condo - TwnHm
Data is provided courtesy of MLS Listings Inc. and may not reflect all relevant real estate activity. Sothebys 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 consumers real estate transaction.
60 62
13 11 26 9 19 9 10 25 22 12 13 9 10 16 13 14 21 20 26 17 11 23 21 10 10 27 24 11 14 23 20 17 26 19 19 19
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 N D J 10 11 12 13
20 18 16 14 12 10 8 6 4 2 0
January 2013
Nicole Truszkowski
Broker Associate 831-238-7449 www.estatesofcarmel.com
email: nicole@estatesofcarmel.com
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 59, down 45.4% from 108 days last month and down 54.3% from 129 days in January of last year. The January 2013 DOM was at its lowest level compared with January of 2012 and 2011.
Average Days on Market (Listing to Contract) for properties sold during the month
3 Mo Avg
129
68
59
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 N D J 10 11 12 13
Average Selling Price per Square Foot for properties that sold during the month
3 Mo Avg
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 N D J 10 11 12 13
104% 102% 100% 98% 96% 94% 92% 90% 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 N D J 10 11 12 13 93.4% 97.9% 96.3%
Inventory
New Listings
Sales
121 134 140 145 155 165 156 149 146 130 125 117 125 128 133 131 128 129 122 127 120 117 104 98 111 99 101 107 115 102 96 89 79 75
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 N D J 10 11 12 13
Copyright Sothebys International Realty | Price Range: All | Property Types: Single Family - Condo - TwnHm
Data is provided courtesy of MLS Listings Inc. and may not reflect all relevant real estate activity. Sothebys 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 consumers real estate transaction.
60 62
January 2013
Nicole Truszkowski Broker Associate 831-238-7449 www.estatesofcarmel.com
email: nicole@estatesofcarmel.com
Inventory
New Listings
Sales
160
155 145
156
134
140
146
140
121
149
133
130
131
128
128
129
125
125
122
117
120
120 100 80 60
127
117
111
104
107
115 102
101
98
99
96
89 79
75
41
40 20
19 13
37
33
35
0
F 10 M A M J J A S O N D J 11 F M A M J J A S O N D J 12 F M A M J J A S O N D J 13
Copyright Sothebys International Realty | Price Range: All | Property Types: Single Family - Condo - TwnHm
Data is provided courtesy of MLS Listings Inc. and may not reflect all relevant real estate activity. Sothebys International Realty does not warrant or guarantee 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 consumers real estate transaction.
33 20 26 26 30 17 20 11 19 23 14 21 29 10 32 10 20 27 21 24 31 11 32 14 21 23 29 20 22 17 15 26 30 19 13 19 22 19
32
32
26 30
31
23 25 28 22 19 12 14 13 19 9 26 10
23
19
11
10
16
13
14
21
29
60
62