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Monterey Real Estate Sales Market Action Report For September 2016
Monterey Real Estate Sales Market Action Report For September 2016
Sales Associate
(831) 238-7449
(831) 624-2457
Nicole.Truszkowski@sothebyshomes.com
City: Monterey
Price Range: $0 to $999,999,000 | Properties: Single Family Home, Townhome, Condo
Trending Versus*:
Month
LM
L3M PYM
Trending Versus*:
LY
$965,000
$1,564,152
$710,000
$836,707
77
35
56
$522
$456
2.2
97.0%
YTD
PriorYTD
PriorYear
$675,000
$761,120
217
53
$512
$474
3.4
97.2%
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year / YTD = Year-to-date
Property Sales
September Property sales were 35, up 66.7% from 21 in September of 2015 and 75.0% higher than the 20 sales last month. September 2016 sales were at their
highest level compared to September of 2015 and 2014. September YTD sales of 217 are running -10.0% behind last year's year-to-date sales of 241.
Prices
The Median Sales Price in September was $710,000, up 5.2% from $675,000 in September of 2015 and up 10.0% from $645,500 last month. The Average
Sales Price in September was $836,707, down -5.0% from $880,754 in September of 2015 and down -5.5% from $885,125 last month. September 2016 ASP
was at the lowest level compared to September 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 10/1/2013 through 9/30/2016. Due to MLS reporting methods and allowable reporting policy, this data isonly
informational and may not be completely accurate. Therefore, Sotheby's Residential Brokerage does not guarantee the data accuracy. Data maintained by theMLS's
may not reflect all real estate activity in the market.
September 2016
Sales Associate
(831) 238-7449
(831) 624-2457
Nicole.Truszkowski@sothebyshomes.com
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 September was 56, up 1.8% from 55 days
last month and down -3.4% from 58 days in September of last year. The September 2016 DOM was at a mid range compared with September 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 10/1/2013 through 9/30/2016. Due to MLS reporting methods and allowable reporting policy, this data isonly
informational and may not be completely accurate. Therefore, Sotheby's Residential Brokerage does not guarantee the data accuracy. Data maintained by theMLS's
may not reflect all real estate activity in the market.
September 2016
Sales Associate
(831) 238-7449
(831) 624-2457
Nicole.Truszkowski@sothebyshomes.com
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 10/1/2013 through 9/30/2016. Due to MLS reporting methods and allowable reporting policy, this data isonly
informational and may not be completely accurate. Therefore, Sotheby's Residential Brokerage does not guarantee the data accuracy. Data maintained by theMLS's
may not reflect all real estate activity in the market.
September 2016
City: Monterey
Price Range: $0 to $999,999,000 | Properties: Single Family Home, Townhome, Condo
O 13
23
Homes Sold
3 Mo. Roll Avg
(000's)
N
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 14
28 22
F
26
21
M
18
19
A
26
23
M
24
23
J
27
26
J
27
26
A
20
25
S
35
27
MedianSalePrice
3 Mo. Roll Avg
O 13
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
F M
A M
J
J
A
S
595 540 510 588 556 600 573 624 476 762 580 649 725 640 525 634 530 593 699 655 576 653 650 675 600 600 591 718 615 674 709 730 610 609 646 710
548 546 551 581 576 599 558 621 606 664 651 671 630 600 563 585 607 649 643 628 626 659 642 625 597 636 641 669 666 704 683 650 622 655
Inventory
MSI
O 13
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
90
4
O
84
3
N
75
3
D J 16
71 69
3
5
F
75
3
M
74
4
A
73
3
M
78
3
J
81
3
J
91
3
A
89
4
S
77
2
O 13
62
N
80
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 40
65 59
F
72
63
M
56
56
A
45
58
M
55
52
J
39
46
J
50
48
A
55
48
S
56
54
Days On Market
3 Mo. Roll Avg
J
45
55
J
78
56
A
75
66
S
55
69
O
63
64
N
63
60
O 13
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
F M
A M
J
J
A
S
423 379 376 365 394 414 395 413 392 438 402 409 451 439 399 416 438 395 380 438 455 422 462 445 491 451 431 427 495 441 497 435 546 476 457 456
393 373 378 391 401 407 400 414 411 416 421 433 430 418 418 416 404 404 424 438 446 443 466 462 458 436 451 454 478 458 493 486 493 463
Price per Sq Ft
3 Mo. Roll Avg
O 13
Sale to List Price
3 Mo. Roll Avg
(000's)
D J 14
D J 15
D J 16
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 0.993 0.986 0.962 0.980 0.979 0.987 0.991 0.969 0.970
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 0.979 0.984 0.980 0.976 0.974 0.982 0.986 0.982 0.977
O 13
22
98
23
New Listings
Inventory
Sales
M
45
64
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
90
21
O
34
84
33
N
19
75
29
D J 16
22 25
71 69
22 14
F
31
75
26
M
32
74
18
A
32
73
26
M
35
78
24
J
29
81
27
J
41
91
27
A
42
89
20
S
25
77
35
O 13
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
F M
A M
J
J
A
S
696 685 693 633 610 672 580 755 726 874 823 884 782 737 706 697 660 687 754 716 782 874 674 881 734 642 725 738 696 761 815 722 734 656 885 837
691 670 645 638 621 669 687 785 808 860 829 801 742 713 687 681 700 719 751 791 777 810 763 752 700 702 720 732 757 766 757 704 758 793
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 10/1/2013 through 9/30/2016. 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.