Big Sur Real Estate Sales Market Action Report November 2016

November 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
November Median Sales Price
November Average Sales Price
Total Properties Currently for Sale (Inventory)
November Number of Properties Sold
November Average Days on Market (Solds)
Asking Price per Square Foot (based on New Listings)
November Sold Price per Square Foot
November Month's Supply of Inventory
November Sale Price vs List Price Ratio
Month
LM
L3M PYM
Trending Versus*:
LY
$2,047,500
$2,273,875
$1,685,000
$1,685,000
16
1
237
$0
$674
16.0
88.9%
YTD
PriorYTD
PriorYear
$1,685,000
$1,784,000
5
151
$1,237
$1,245
6.7
85.1%
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year / YTD = Year-to-date
Property Sales
November Property sales were 1, equal to 0 in November of 2015 and equal to 0.0% 1 sales last month. November 2016 sales were at a mid level compared to
November of 2015 and 2014. November YTD sales of 5 are running equal to last year's year-to-date sales of 5.
Prices
The Median Sales Price in November was $1,685,000, equal to $0 in November of 2015 and up 40.4% from $1,200,000 last month. The Average Sales Price
in November was $1,685,000, equal to $0 in November of 2015 and up 40.4% from $1,200,000 last month. November 2016 ASP was at a mid range compared
to November 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 12/1/2013 through 11/30/2016. 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.
November 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 November was 16, down -11.1% from 18 last month and up 6.7% from 15 in November of last year.
November 2016 Inventory was at highest level compared to November of 2015 and 2014.
A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers. The November 2016 MSI of 16.0 months was at its highest
level compared with November 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 November was 237, down -8.8% from
260 days last month and equal to 0 days in November of last year. The November 2016 DOM was at a mid range compared with November 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 November 2016 Selling Price per Square Foot of $674 was down -67.6% from $2,083 last month and equal to $0 in November of last year.
November 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 November 2016 Selling Price vs List Price of 88.9% was
up from 80.3% last month and equal to 0.0% in November 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 November 2016 was 0, down -100.0% from 1 last
month and equal to 0 in November of last year.
November 2016

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

D 13 J 14
0
1
Homes Sold
3 Mo. Roll Avg
(000's)
MedianSalePrice
3 Mo. Roll Avg
M
0
0
A
0
0
M
0
0
J
0
0
F M
0
0
550 550
A
0
0
M
0
0
J
0
0
M
12
0
A
13
0
M
13
0
J
14
0
D 13 J 14
0 373
F M
0
0
124 124
A
0
0
D 13 J 14
0 1,172
F M
0
0
391 391
D 13 J 14
0 1,650
D 13 J 14
20 14
0 14
Inventory
MSI
Days On Market
3 Mo. Roll Avg
Price per Sq Ft
3 Mo. Roll Avg
D 13 J 14
Sale to List Price
3 Mo. Roll Avg
(000's)
Avg Sale Price

3 Mo. Roll Avg
F
14
0
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
A
2
1
S
0
1
5,000 2,269
0
1,875 2,631 2,423
F
1
1
M
0
1
A
1
1
O
N
D J 16
F
600
0
0 3,000 835
956 200 200 1,000 1,278
M
0
2,200
1,278 1,012
M
0
0
J
0
0
J
0
0
A
0
0
S
0
0
M
J
0
0
733 733
J
0
0
A
0
0
S
O
N
0 1,200 1,685
0 400 962
M
11
0
A
13
0
M
12
0
O
15
15
N
15
0
D J 16
14 14
0 14
F
13
13
M
15
0
A
13
13
M
17
0
J
17
0
J
20
0
A
20
0
M
0
0
J
J
0 244
0 81
A
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
N
0
20
D J 16
F
0 113 134
20 38 82
M
0
82
A
12
49
M
0
4
J
0
4
J
0
0
A
0
0
S
O
N
0 260 237
0 87 166
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
S
O
N
D J 16
F M
A M
J
0 545
0
0 2,000 515
0 952
0
0
728 741 182 182 667 838 838 489 317 317
J
0
0
A
0
0
S
O
N
0 2,083 674
0 694 919
D J 15
D J 16
O
18
18
N
1
1
F
12
0
S
18
0
O
1
0
D J 15
11 11
0
0
1,677
1,076
S
16
0
D J 16
0
1
0
0
O
16
0
A
13
7
N
0
0
S
16
0
J
13
13
O
1
1
A
16
0
J
14
14
J
1
1
J
16
16
N
14
14
J
1
0
N
16
16
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 0.928 0.000 1.000 0.000 0.000 0.000 0.000 0.000 0.803 0.889
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 0.560 0.560 0.643 0.333 0.333 0.000 0.000 0.000 0.268 0.564
D 13 J 14
1
1
20 14
0
1
New Listings
Inventory
Sales
F
0
0
D 13 J 14
0 1,650
F
1
14
0
M
0
12
0
A
3
13
0
M
0
13
0
J
1
14
0
F M
0
0
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
O
0
15
1
N
0
15
0
D J 16
0
2
14 14
0
1
F
0
13
1
O
N
D J 16
F
600
0
0 3,000 835
1,000
1,278
956 200 200
M
3
15
0
A
0
13
1
0 2,200
1,278 1,012
M
4
17
0
J
1
17
0
J
3
20
0
A
2
20
0
M
J
0
0
733 733
J
0
0
A
0
0
Based on information from MLSListings, Inc for the period 12/1/2013 through 11/30/2016. 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.
S
0
18
0
O
1
18
1
N
0
16
1
S
O
N
0 1,200 1,685
0 400 962

Big Sur Real Estate Sales Market Action Report November 2016

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November 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

Avg Sale Price

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