MARKET ACTION REPORT

February 2013
Nicole Truszkowski
Broker Associate 831-238-7449 www.estatesofcarmel.com
email: nicole@estatesofcarmel.com

City: Big Sur Coast

Price Range: All | Properties: Single Family - Condo - TwnHm

Trending versus*:

Trending versus*:
LY

Market Profile & Trends Overview

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

Month
$2,235,000 $2,814,450 $0 $0 20 0 0 $524 $0 0.0 0.0%

LM

L3M PYM

YTD

Prior YTD

Prior Year

$300,000 $300,000 1 439 $768 $600 23.0 93.8%

Number of Properties Sold
3 Mo Avg

* 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
February Property sales were 0, down 100.0% from 1 in February of 2012 and 100.0% lower than the 1 sales last month. February 2013 sales were at their lowest level compared to February of 2012 and 2011. February YTD sales of 1 are running equal to last year's year-to-date sales of 1.

3 2 2 1 1 0

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 F 10 11 12 13

Prices
The Median Sales Price in February was $0, down 100.0% from $985,000 in February of 2012 and down 100.0% from $300,000 last month. The Average Sales Price in February was $0, down 100.0% from $985,000 in February of 2012 and down 100.0% from $300,000 last month. February 2013 ASP was at a mid range compared to February of 2012 and 2011.

(000's)

5,200 4,200 3,200 2,200 1,200 200

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 F 10 11 12 13

Inventory & MSI

The Total Inventory of Properties available for sale as of February was 20, down 13.0% from 23 last month and down 39.4% from 33 in February of last year. February 2013 Inventory was at its lowest level compared with February of 2012 and 2011.

A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers. The February 2013 MSI of 0.0 months was at a mid level compared with February of 2012 and 2011.

50 45 40 35 30 25 20 15 10 5 0

45 47 46 43 45 44 46 42 42 41 38 36 35 37 38 39 36 35 36 32 33 36 34 30 27 32 32 28 27 24

38 38 40

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 F 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.

20 23 20

0 0 1 0 0 1 1 0 0 0 0 1 1 0 2 0 1 0 0 1 1 1 0 1 0 1 0 2 0 1 0 0 0 2 1 0

Median Sales Price and Average Sales Price

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

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

MSI is the # of month's needed to sell all of the Inventory at the monthly Sales Pace

50 45 40 35 30 25 20 15 10 5 0

MARKET ACTION REPORT

February 2013
Nicole Truszkowski
Broker Associate 831-238-7449 www.estatesofcarmel.com
email: nicole@estatesofcarmel.com

City: Big Sur Coast

Price Range: All | Properties: Single Family - Condo - TwnHm

Days On Market for Sold Properties

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 February was 0, down 100.0% from 439 days last month and down 100.0% from 410 days in February of last year. The February 2013 DOM was at a mid level compared with February of 2012 and 2011. 1,000 800 600 400 200 0

Average Days on Market (Listing to Contract) for properties sold during the month

3 Mo Avg

410

95

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 F 10 11 12 13

Selling Price per Square Foot

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 February 2013 Selling Price per Square Foot of $0 was down 100.0% from $600 last month and down 100.0% from 2,189 in February of last year.

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

3 Mo Avg

2,500 2,000 1,500 1,000 500

672

2189

0
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 F 10 11 12 13

Selling Price versus Listing Price Ratio

100%
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 February 2013 Selling Price vs Original List Price of 0.0% was down from 93.8% last month and down from 56.3% in February of last year.

95% 90% 85% 80% 75% 70% 65% 60% 55% 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 F 10 11 12 13 56.3% 86.2%

Inventory / New Listings / Sales

50 45 This last view of the market combines monthly 40 inventory of Properties for sale along with New Listings 35 and Sales. The graph shows the basic annual 30 seasonality of the market as well as the relationship 25 between these items. The number of New Listings in 20 February 2013 was 3, equal to 3 last month and equal to 15 3 in February of last year. 10 5 0

Inventory / New Listings / Sales

Inventory

New Listings

Sales

45 47 46 43 45 44 46 42 42 41 38 36 35 37 38 39 36 35 36 32 33 36 34 30 27 32 32 28 27 24

38 38 40

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 F 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.

20 23 20

Inventory / Listings / Sales

February 2013
Nicole Truszkowski Broker Associate 831-238-7449 www.estatesofcarmel.com
email: nicole@estatesofcarmel.com

City: Big Sur Coast

Price Range: All | Properties: Single Family - Condo - TwnHm

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 February 2013 was 3, equal to 3 last month and equal to 3 in February of last year. 50
46 45 45 46

Inventory
47 44

New Listings

Sales

45
40

43

42

41

40
38 38

42

38

36

36

36

35

35

36 32 33 34

35 30 25 20 15 10 5

37

38

39

32 30

32 28

27

27 24

20

23 D J 13 F 20

0 3 0 3 1

1 2 1 3 0

0 2 0 3 1

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

1 0 1 1 1 2 0 3 1

0 2 1 1 0 1 2

0
M 10 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

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.

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