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Monterey Market Action Report For January 2016
Monterey Market Action Report For January 2016
City: Monterey
Price Range: $0 to $999,999,000 | Properties: Single Family Home, Townhome, Condo
Trending Versus*:
Month
LM
L3M PYM
Trending Versus*:
LY
$910,000
$1,411,673
$660,000
$734,463
62
13
42
$585
$426
4.8
98.6%
YTD
PriorYTD
PriorYear
$660,000
$734,463
13
42
$585
$426
4.8
97.9%
* 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 13, down -35.0% from 20 in January of 2015 and -40.9% lower than the 22 sales last month. January 2016 sales were at their
lowest level compared to January of 2015 and 2014. January YTD sales of 13 are running -35.0% behind last year's year-to-date sales of 20.
Prices
The Median Sales Price in January was $660,000, up 4.1% from $633,750 in January of 2015 and up 11.7% from $591,000 last month. The Average Sales
Price in January was $734,463, up 5.4% from $696,725 in January of 2015 and up 1.4% from $724,541 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
City: Monterey
Price Range: $0 to $999,999,000 | Properties: Single Family Home, Townhome, Condo
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 42, down -46.2% from 78
days last month and down -60.7% from 107 days in January of last year. The January 2016 DOM was at its lowest level compared with 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
City: Monterey
Price Range: $0 to $999,999,000 | Properties: Single Family Home, Townhome, Condo
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
City: Monterey
Price Range: $0 to $999,999,000 | Properties: Single Family Home, Townhome, Condo
F 13
18
Homes Sold
3 Mo. Roll Avg
(000's)
M
26
A
28
24
M
28
27
J
26
27
J
24
26
A
32
27
S
28
28
O
23
28
N
25
25
D J 14
26 16
25 22
F
16
19
M
18
17
A
22
19
M
32
24
J
18
24
J
17
22
A
19
18
S
27
21
O
27
24
N
23
26
D J 15
21 20
24 21
F
21
21
M
30
24
A
23
25
M
27
27
J
20
23
J
48
32
A
31
33
S
21
33
O
33
28
N
29
28
D J 16
22 13
28 21
MedianSalePrice
3 Mo. Roll Avg
F 13 M
A M
J
J
A
S
O
N
D J 14
F M
A M
J
J
A
S
O
N
D J 15
F M
A M
J
J
A
S
O
N
D J 16
433 472 475 597 548 552 600 648 595 540 510 588 556 600 573 624 476 762 580 649 725 640 525 634 530 593 699 655 576 653 650 675 600 600 591 660
460 514 540 565 566 600 614 594 548 546 551 581 576 599 558 621 606 664 651 671 630 600 563 585 607 649 643 628 626 659 642 625 597 617
Inventory
MSI
F 13
86
5
M
A M
J
J
A
S
98 101 104 114 109 108 108
4
4
4
4
5
3
4
O
98
4
N
93
4
D J 14
75 75
3
5
F
80
5
M
96
5
A M
J
J
A
S
O
N
93 100 113 111 120 126 124 110
4
3
6
7
6
5
5
5
D J 15
89 86
4
4
F
84
4
M
80
3
A
78
3
M
83
3
J
92
5
J
88
2
A
94
3
S
89
4
O
82
2
N
73
3
D J 16
68 62
3
5
F 13
131
M
67
O
62
65
N
80
68
D J 14
76 74
73 77
F
63
71
M
73
70
A
75
70
D J 15
93 107
73 88
F M
79 121
93 102
A
66
89
M
50
79
J
77
64
J
60
62
A
56
64
S
58
58
O
58
57
N
58
58
D J 16
78 42
65 59
Days On Market
3 Mo. Roll Avg
A
53
84
M
72
64
J
49
58
J
58
60
A
71
59
S
62
64
M
45
64
J
45
55
J
78
56
A
75
66
S
55
69
O
63
64
N
63
60
F 13 M
A M
J
J
A
S
O
N
D J 14
F M
A M
J
J
A
S
O
N
D J 15
F M
A M
J
J
A
S
O
N
D J 16
311 344 304 396 356 384 351 408 423 379 376 365 394 414 395 413 392 438 402 409 451 439 399 416 438 395 380 438 455 422 462 445 491 451 431 426
320 348 352 379 364 381 394 403 393 373 378 391 401 407 400 414 411 416 421 433 430 418 418 416 404 404 424 438 446 443 466 462 458 436
Price per Sq Ft
3 Mo. Roll Avg
F 13
D J 14
D J 15
D J 16
0.995 0.974 0.982 0.993 0.988 0.982 0.993 0.979 0.982 0.974 0.964 0.974 0.979 0.987 1.007 0.975 0.964 0.959 0.971 0.992 0.972 0.995 0.941 0.958 0.973 0.976 0.981 0.988 0.984 0.969 0.965 0.979 0.979 0.971 0.974 0.986
0.984 0.983 0.988 0.988 0.988 0.985 0.985 0.978 0.973 0.971 0.972 0.980 0.991 0.990 0.982 0.966 0.965 0.974 0.978 0.986 0.969 0.965 0.957 0.969 0.977 0.982 0.984 0.980 0.973 0.971 0.974 0.976 0.975 0.977
New Listings
Inventory
Sales
F 13
32
86
18
(000's)
M
A M
J
J
A
S
38 33 36 34 37 39 35
98 101 104 114 109 108 108
26 28 28 26 24 32 28
O
22
98
23
N
20
93
25
D J 14
16 24
75 75
26 16
F
28
80
16
M
43
96
18
A M
J
J
A
S
O
N
40 32 38 33 40 42 30 20
93 100 113 111 120 126 124 110
22 32 18 17 19 27 27 23
D J 15
8 29
89 86
21 20
F
32
84
21
M
35
80
30
A
36
78
23
M
35
83
27
J
50
92
20
J
32
88
48
A
40
94
31
S
30
89
21
O
34
82
33
N
19
73
29
D J 16
22 25
68 62
22 13
F 13 M
A M
J
J
A
S
O
N
D J 14
F M
A M
J
J
A
S
O
N
D J 15
F M
A M
J
J
A
S
O
N
D J 16
525 586 513 698 616 616 651 732 696 685 693 633 610 672 580 755 726 874 823 884 782 737 706 697 660 687 754 716 782 874 674 881 734 642 725 734
541 599 609 644 628 666 693 704 691 670 645 638 621 669 687 785 808 860 829 801 742 713 687 681 700 719 751 791 777 810 763 752 700 700
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.