Big Sur Real Estate Sales Market Action Report For January 2016

January 2016
MARKET ACTION REPORT

Nicole Truszkowski
Sales Associate
(831) 238-7449
(831) 624-2457
Nicole.Truszkowski@sothebyshomes.com
City: Big Sur Coast

Price Range: $0 to $999,999,000 | Properties: Single Family Home, Townhome, Condo
Trending Versus*:
Market Profile & Trends Overview

Median List Price of all Current Listings
Average List Price of all Current Listings
January Median Sales Price
January Average Sales Price
Total Properties Currently for Sale (Inventory)
January Number of Properties Sold
January Average Days on Market (Solds)
Asking Price per Square Foot (based on New Listings)
January Sold Price per Square Foot
January Month's Supply of Inventory
January Sale Price vs List Price Ratio
Month
LM
L3M PYM
Trending Versus*:
LY
$1,895,000
$4,381,000
$3,000,000
$3,000,000
13
1
113
$1,804
$2,000
13.0
75.1%
YTD
PriorYTD
PriorYear
$3,000,000
$3,000,000
1
113
$1,804
$2,000
13.0
75.1%
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year / YTD = Year-to-date
Property Sales
January Property sales were 1, equal to 0 in January of 2015 and equal to 0.0% 0 sales last month. January 2016 sales were at a mid level compared to January
of 2015 and 2014. January YTD sales of 1 are running equal to last year's year-to-date sales of 0.
Prices
The Median Sales Price in January was $3,000,000, equal to $0 in January of 2015 and equal to $0 last month. The Average Sales Price in January was
$3,000,000, equal to $0 in January of 2015 and equal to $0 last month. January 2016 ASP was at highest level compared to January of 2015 and 2014.
Sotheby's International Realty is a registered trademark licensed to Sotheby's International Realty Affiliates LLC. Operated by Sotheby's International Realty, Inc.
Based on information from MLSListings, Inc for the period 2/1/2013 through 1/31/2016. Due to MLS reporting methods and allowable reporting policy, this data is only
informational and may not be completely accurate. Therefore, Sotheby's Residential Brokerage does not guarantee the data accuracy. Data maintained by the MLS's
may not reflect all real estate activity in the market.
January 2016

Nicole Truszkowski
Sales Associate
(831) 238-7449
(831) 624-2457
City: Big Sur Coast

Inventory & MSI

The Total Inventory of Properties available for sale as of January was 13, equal to 13 last month and up 18.2% from 11 in January of last year. January 2016
Inventory was at a mid range compared to January of 2015 and 2014.
A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers. The January 2016 MSI of 13.0 months was at a mid range
compared with January of 2015 and 2014.
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 113, equal to 0 days last
month and equal to 0 days in January of last year. The January 2016 DOM was at a mid range compared with January of 2015 and 2014.
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 January 2016 Selling Price per Square Foot of $2,000 was equal to $0 last month and equal to $0 in January of last year.
January 2016

Nicole Truszkowski
City: Big Sur Coast
Sales Associate
(831) 238-7449
(831) 624-2457
Selling Price vs Listing Price

The Selling Price vs Listing Price reveals the average amount that Sellers are agreeing to come down from their 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 January 2016 Selling Price vs List Price of 75.1% was
equal to 0.0% last month and equal to 0.0% in January of last year.
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 January 2016 was 2, equal to 0 last month and equal
to 0 in January of last year.
January 2016

Nicole Truszkowski
Sales Associate
(831) 238-7449
(831) 624-2457
City: Big Sur Coast

Homes Sold
3 Mo. Roll Avg
(000's)
MedianSalePrice
3 Mo. Roll Avg
Inventory
MSI
Days On Market
3 Mo. Roll Avg
Price per Sq Ft
3 Mo. Roll Avg
F 13
0
M
2
F 13
0
1,196
F 13
18
0
M
20
10
A
0
1
M
1
1
J
2
1
A M
J
0 1,598 553
399 931 717
A
19
0
M
20
20
J
20
10
J
1
1
A
0
1
S
1
1
3,750
0 2,500
1,967 1,434 2,083
J
18
18
A
18
0
O
1
1
N
0
1
D J 14
0
1
0
0
F
0
0
M
0
0
A
0
0
M
0
0
J
0
0
O
N
D J 14
F M
400
0
0 1,650
0
0
967 967 133 550 550 550
A
0
0
M
0
0
J
0
0
J
14
0
S
15
15
O
17
17
N
19
0
D J 14
20 14
0 14
F
14
0
M
12
0
A
13
0
M
13
0
A
S
0 218
89 114
O
77
98
N
0
98
J
1
0
A
0
0
S
0
0
O
0
0
D J 15
0
0
0
0
F
0
0
M
0
0
A
0
0
M
0
0
O
N
D J 15
0 2,315
0
0
0 772 772 772
F
0
0
M
0
0
A
0
0
M
J
0 625
0 208
5,250
0
0
1,750 1,750 1,750
N
1
0
N
14
14
J
1
0
J
14
14
J
1
1
A
2
1
S
0
1
5,000 2,269
0
1,875 2,631 2,423
J
13
13
A
13
7
S
16
0
O
1
1
J
16
16
A
16
0
S
16
0
O
16
0
D J 15
11 11
0
0
F
12
0
M
11
0
A
13
0
M
12
0
O
15
15
N
15
0
D J 16
13 13
0 13
A
0
81
N
0
20
D J 16
0 113
20 38
A M
J
J
0 439 143 123
259 406 194 235
D J 14
F M
0 373
0
0
26 124 124 124
A
0
0
M
0
0
J
J
0 244
0 81
S
0
81
O
N
D J 15
0 643
0
0
0 214 214 214
F
0
0
M
0
0
A
0
0
M
J
J
A
S
O
0 103 146 601
0 61
0 34 83 283 249 221
F 13
0
1,531
A M
J
J
A
S
O
N
D J 14
F M
0 1,211 482 1,157
0 1,000 495
0
0 1,172
0
0
510 914 564 950 546 719 498 498 165 391 391 391
A
0
0
M
0
0
J
J
A
S
0 1,435
0
0
0 478 478 478
O
N
D J 15
0 494
0
0
0 165 165 165
F
0
0
M
0
0
A
0
0
M
J
J
0 1,042 508
0 347 517
F 13
D J 14
D J 16
0
1
0
0
O
N
D J 16
600
0
0 3,000
956 200 200 1,000
F 13 M
0 778
N
0
0
D J 15
A
1,677
1,076
S
O
N
D J 16
0 545
0
0 2,000
728 741 182 182 667
S
D J 16
Sale to List Price

3 Mo. Roll Avg
0.000 0.911 0.000 0.801 0.968 0.949 0.000 0.835 0.780 0.000 0.000 0.919 0.000 0.000 0.000 0.000 0.000 0.905 0.000 0.000 0.000 1.218 0.000 0.000 0.000 0.000 0.000 0.000 0.926 0.909 0.769 0.000 0.923 0.000 0.000 0.751
0.304 0.571 0.590 0.906 0.639 0.595 0.538 0.538 0.260 0.306 0.306 0.306 0.000 0.000 0.000 0.302 0.302 0.302 0.000 0.406 0.406 0.406 0.000 0.000 0.000 0.000 0.309 0.612 0.868 0.559 0.564 0.308 0.308 0.250
New Listings
Inventory
Sales
F 13
2
18
0
M
3
20
2
F 13
0
1,196
(000's)
Avg Sale Price

3 Mo. Roll Avg
A
2
19
0
M
3
20
1
J
1
20
2
A M
J
0 1,598 553
399 931 717
J
1
18
1
A
2
18
0
S
0
15
1
3,750
0 2,500
1,967 1,434 2,083
O
3
17
1
N
2
19
0
D J 14
1
1
20 14
0
1
F
1
14
0
M
0
12
0
A
3
13
0
M
0
13
0
J
1
14
0
O
N
D J 14
F M
400
0
0 1,650
0
0
967 967 133 550 550 550
A
0
0
M
0
0
J
0
0
J
2
16
1
A
0
16
0
S
1
16
0
5,250
0
0
1,750 1,750 1,750
O
0
16
0
N
0
14
1
D J 15
0
0
11 11
0
0
F
2
12
0
M
0
11
0
A
2
13
0
M
0
12
0
J
3
14
1
O
N
D J 15
0 2,315
0
0
0 772 772 772
F
0
0
M
0
0
A
0
0
M
J
0 625
0 208
J
1
13
1
A
2
13
2
S
3
16
0
5,000 2,269
0
1,875 2,631 2,423
Based on information from MLSListings, Inc for the period 2/1/2013 through 1/31/2016. Due to MLS reporting methods and allowable reporting policy, this data is only informational and may not be completely accurate.
Therefore, Sotheby's Residential Brokerage does not guarantee the data accuracy. Data maintained by the MLS's may not reflect all real estate activity in the market.
O
0
15
1
N
0
15
0
D J 16
0
2
13 13
0
1
O
N
D J 16
600
0
0 3,000
956 200 200 1,000

Big Sur Real Estate Sales Market Action Report For January 2016

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January 2016

MARKET ACTION REPORT

City: Big Sur Coast

Market Profile & Trends Overview

MARKET ACTION REPORT

City: Big Sur Coast

Inventory & MSI

Selling Price per Square Foot

MARKET ACTION REPORT

City: Big Sur Coast

Price Range: $0 to $999,999,000 | Properties: Single Family Home, Townhome, Condo

Selling Price vs Listing Price

Inventory / New Listings / Sales

MARKET ACTION REPORT

City: Big Sur Coast

Sale to List Price

Avg Sale Price

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