MARKET ACTION REPORT

August 2013
Nicole Truszkowski
Broker Associate (831) 238-7449 www.estatesofcarmel.com Trending versus*: Trending versus*:
LY

City: Carmel Highlands

Price Range: All | Properties: SFH - Condo - TwnHm

Market Profile & Trends Overview

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

Month
$4,100,000 $4,719,083 $0 $0 24 0 0 $1,367 $0 0.0 0.0%

LM

L3M PYM

YTD

Prior YTD

Prior Year

$1,350,000 $2,158,763 19 181 $1,176 $608 12.7 89.4%

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
August Property sales were 0, down 100.0% from 1 in August of 2012 and 100.0% lower than the 1 sales last month. August 2013 sales were at their lowest level compared to August of 2012 and 2011. August YTD sales of 19 are running 111.1% ahead of last year's year-to-date sales of 9.

6 5 4 3 2 1 0
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 A M J J A 10 11 12 13
1 1 1 2 0 0 2 2 0 1 2 2 0 0 1 1 1 0 3 1 1 0 2 1 0 3 2 2 2 2 4 5 4 1 1 0

Prices
The Median Sales Price in August was $0, down 100.0% from $10,500,000 in August of 2012 and down 100.0% from $2,525,000 last month. The Average Sales Price in August was $0, down 100.0% from $10,500,000 in August of 2012 and down 100.0% from $2,525,000 last month. August 2013 ASP was at a mid range compared to August of 2012 and 2011.

(000's)

Median Sales Price and Average Sales Price

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

9,600 8,600 7,600 6,600 5,600 4,600 3,600 2,600 1,600 600
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 A M J J A 10 11 12 13

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

Inventory & MSI

The Total Inventory of Properties available for sale as of August was 24, equal to 24 last month and down 38.5% from 39 in August of last year. August 2013 Inventory was at its lowest level compared with August of 2012 and 2011. 45 40 35 30 25 20 15 10 5 0
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MSI is the # of month's needed to sell all of the Inventory at the monthly Sales Pace

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

45 40 35 30 25 20 15 10 5 0

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 A M J J A 10 11 12 13

Copyright Sothebys International Realty | Price Range: All | Property Types: SFH - 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.

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MARKET ACTION REPORT

August 2013
Nicole Truszkowski
Broker Associate (831) 238-7449 www.estatesofcarmel.com Days On Market for Sold Properties

City: Carmel Highlands

Price Range: All | Properties: SFH - Condo - TwnHm

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 August was 0, down 100.0% from 30 days last month and down 100.0% from 181 days in August of last year. The August 2013 DOM was at a mid level compared with August of 2012 and 2011.

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

3 Mo Avg

418

181

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 August 2013 Selling Price per Square Foot of $0 was down 100.0% from $770 last month and down 100.0% from 2,479 in August of last year.

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

2479

3 Mo Avg

482

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 August 2013 Selling Price vs Original List Price of 0.0% was down from 104.2% last month and down from 77.8% in August of last year.

87.7%

77.8%

Inventory / New Listings / Sales

45 Inventory / New Listings / Sales 40 This last view of the market combines monthly inventory of Properties for sale along with New Listings 35 30 and Sales. The graph shows the basic annual seasonality of the market as well as the relationship 25 between these items. The number of New Listings in 20 August 2013 was 4, down 33.3% from 6 last month and 15 equal to 4 in August of last year. 10 5 0
Inventory New Listings Sales

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 A M J J A 10 11 12 13

Copyright Sothebys International Realty | Price Range: All | Property Types: SFH - 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.

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Inventory / Listings / Sales

August 2013
Nicole Truszkowski Broker Associate (831) 238-7449 www.estatesofcarmel.com

City: Carmel Highlands

Price Range: All | Properties: SFH - 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 August 2013 was 4, down 33.3% from 6 last month and equal to 4 in August of last year. 45 40
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Inventory
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New Listings

Sales

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S 10 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 M A M J J A

Copyright Sothebys International Realty | Price Range: All | Property Types: SFH - 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.

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