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Big Sur Coast Homes Market Action Report Real Estate Sales For March 2013
Big Sur Coast Homes Market Action Report Real Estate Sales For March 2013
March 2013
Nicole Truszkowski
Broker Associate 831-238-7449 www.estatesofcarmel.com
email: nicole@estatesofcarmel.com
Trending versus*:
Trending versus*:
LY
Month
$2,475,000 $3,112,339 $1,196,250 $1,196,250 23 2 778 $2,165 $1,531 11.5 91.1%
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
March Property sales were 2, up from 0 in March of 2012 and higher than the 0 sales last month. March 2013 sales were at their highest level compared to March of 2012 and 2011. March YTD sales of 3 are running 200.0% ahead of last year's year-to-date sales of 1.
3 2 2 1 1 0
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 M 10 11 12 13
Prices
The Median Sales Price in March was $1,196,250, up from $0 in March of 2012 and up from $0 last month. The Average Sales Price in March was $1,196,250, up from $0 in March of 2012 and up from $0 last month. March 2013 ASP was at the lowest level compared to March of 2012 and 2011.
(000's)
A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers. The March 2013 MSI of 11.5 months was at its lowest level compared with March 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 40
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 M 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 23
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 2
50 45 40 35 30 25 20 15 10 5 0
March 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 March was 778, up from 0 days last month and up from 0 days in March of last year. The March 2013 DOM was at a mid level compared with March 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
778 692
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 M 10 11 12 13
Average Selling Price per Square Foot for properties that sold during the month
3 Mo Avg
2,500
2045
2,000
1531
0
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 M 10 11 12 13
95% 90% 85% 80% 75% 70% 65% 60% 55% 76.8%
91.1%
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 M 10 11 12 13
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 40
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 M 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 23
March 2013
Nicole Truszkowski Broker Associate 831-238-7449 www.estatesofcarmel.com
email: nicole@estatesofcarmel.com
Inventory
47 44
New Listings
Sales
45
40
43
42
41
40
38
42
38
36
36
35
35
36
36 33 34
35 30 25 20 15 10 5
37
38
39
32 30
32
32 28
27
27 24
23
20
20 M
2 4
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
A 10 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 F
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
23