MARKET ACTION REPORT February 2017

Nicole Truszkowski
Sales Associate

City: Big Sur Coast (831) 238-7449

(831) 624-2457
Nicole.Truszkowski@sothebyshomes.com

Price Range: 0 to 999999999 | Properties: Single Family Home, Townhome, Condo

Trending Versus*: Trending Versus*:
Market Profile & Trends Overview Month LM L3M PYM LY YTD PriorYTD PriorYear
Median List Price of all Current Listings $2,395,000
Average List Price of all Current Listings $2,633,308
February Median Sales Price $1,344,281 $1,872,141
February Average Sales Price $1,344,281 $1,872,141
Total Properties Currently for Sale (Inventory) 13
February Number of Properties Sold 1 2
February Average Days on Market (Solds) 149 302
Asking Price per Square Foot (based on New Listings) $760 $903
February Sold Price per Square Foot $681 $1,674
February Month's Supply of Inventory 13.0 13.0
February Sale Price vs List Price Ratio 80.3% 80.2%
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year / YTD = Year-to-date

Property Sales
February Property sales were 1, equal to 1 in February of 2016 and equal to 0.0% 1 sales last month. February 2017 sales were at a mid level compared to
February of 2016 and 2015. February YTD sales of 2 are running equal to last year's year-to-date sales of 2.

Prices
The Median Sales Price in February was $1,344,281, up 61.0% from $835,000 in February of 2016 and down -44.0% from $2,400,000 last month. The
Average Sales Price in February was $1,344,281, up 61.0% from $835,000 in February of 2016 and down -44.0% from $2,400,000 last month. February 2017
ASP was at highest level compared to February of 2016 and 2015.

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 3/1/2014 through 2/28/2017. 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.
MARKET ACTION REPORT February 2017
Nicole Truszkowski
Sales Associate

City: Big Sur Coast (831) 238-7449

(831) 624-2457
Nicole.Truszkowski@sothebyshomes.com

Price Range: 0 to 999999999 | Properties: Single Family Home, Townhome, Condo

Inventory & MSI
The Total Inventory of Properties available for sale as of February was 13, equal to 13 last month and equal to 13 in February of last year. February 2017
Inventory was at a mid range compared to February of 2016 and 2015.

A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers. The February 2017 MSI of 13.0 months was at a mid range
compared with February of 2016 and 2015.

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 February was 149, down -67.3% from 455
days last month and up 11.2% from 134 days in February of last year. The February 2017 DOM was at its highest level compared with February of 2016 and
2015.

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 February 2017 Selling Price per Square Foot of $681 was down -74.5% from $2,667 last month and up 32.2% from $515 in February of last year.

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 3/1/2014 through 2/28/2017. 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.
MARKET ACTION REPORT February 2017
Nicole Truszkowski
Sales Associate

City: Big Sur Coast (831) 238-7449

(831) 624-2457
Nicole.Truszkowski@sothebyshomes.com

Price Range: 0 to 999999999 | Properties: Single Family Home, Townhome, Condo

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 February 2017 Selling Price vs List Price of 80.3% was
up from 80.1% last month and up from 69.6% in February 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 February 2017 was 2, up 100.0% from 1 last month
and equal to 0 in February of last year.

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 3/1/2014 through 2/28/2017. 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.
MARKET ACTION REPORT February 2017
Nicole Truszkowski
Sales Associate

City: Big Sur Coast (831) 238-7449

(831) 624-2457
Nicole.Truszkowski@sothebyshomes.com

Price Range: 0 to 999999999 | Properties: Single Family Home, Townhome, Condo

M 14 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 O N D J 17 F
Homes Sold 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 1 1 2 0 1 0 0 1 1 0 1 0 0 0 0 0 1 1 1 1 1
3 Mo. Roll Avg 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 1 0 0 0 1 1 1 0 0 0 0 0 0 1 1 1 1

(000's) M 14 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 O N D J 17 F
MedianSalePrice 0 0 0 0 5,250 0 0 0 2,315 0 0 0 0 0 0 625 5,000 2,269 0 600 0 0 3,000 835 0 2,200 0 0 0 0 0 1,200 1,685 2,000 2,400 1,344
3 Mo. Roll Avg 0 0 1,750 1,750 1,750 0 772 772 772 0 0 0 0 208 1,875 2,631 2,423 956 200 200 1,000 1,278 1,278 1,012 733 733 0 0 0 400 962 1,628 2,028 1,915

M 14 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 O N D J 17 F
Inventory 12 13 13 14 16 16 16 16 14 11 11 12 11 13 12 14 13 13 16 15 15 14 14 13 15 13 17 18 21 21 19 19 17 14 13 13
MSI 0 0 0 0 16 0 0 0 14 0 0 0 0 0 0 14 13 7 0 15 0 0 14 13 0 13 0 0 0 0 0 19 17 14 13 13

M 14 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 O N D J 17 F
Days On Market 0 0 0 0 244 0 0 0 643 0 0 0 0 0 0 103 146 601 0 61 0 0 113 134 0 12 0 0 0 0 0 260 237 183 455 149
3 Mo. Roll Avg 0 0 81 81 81 0 214 214 214 0 0 0 0 34 83 283 249 221 20 20 38 82 82 49 4 4 0 0 0 87 166 227 292 262

M 14 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 O N D J 17 F
Price per Sq Ft 0 0 0 0 1,435 0 0 0 494 0 0 0 0 0 0 1,042 508 1,677 0 545 0 0 2,000 515 0 952 0 0 0 0 0 2,083 674 684 2,667 681
3 Mo. Roll Avg 0 0 478 478 478 0 165 165 165 0 0 0 0 347 517 1,076 728 741 182 182 667 838 838 489 317 317 0 0 0 694 919 1,147 1,342 1,344

M 14 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 O N D J 17 F
Sale to List Price 0.000 0.000 0.000 0.000 0.905 0.000 0.000 0.000 0.662 0.000 0.000 0.000 0.000 0.000 0.000 0.758 0.909 0.635 0.000 0.923 0.000 0.000 0.751 0.696 0.000 1.000 0.000 0.000 0.000 0.000 0.000 0.803 0.864 0.678 0.801 0.803
3 Mo. Roll Avg 0.000 0.000 0.302 0.302 0.302 0.000 0.221 0.221 0.221 0.000 0.000 0.000 0.000 0.253 0.556 0.767 0.515 0.519 0.308 0.308 0.250 0.482 0.482 0.565 0.333 0.333 0.000 0.000 0.000 0.268 0.556 0.782 0.781 0.761

M 14 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 O N D J 17 F
New Listings 0 3 0 1 2 0 1 0 0 0 0 2 0 2 0 3 1 2 3 0 0 0 2 0 3 0 4 2 3 2 0 1 0 0 1 2
Inventory 12 13 13 14 16 16 16 16 14 11 11 12 11 13 12 14 13 13 16 15 15 14 14 13 15 13 17 18 21 21 19 19 17 14 13 13
Sales 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 1 1 2 0 1 0 0 1 1 0 1 0 0 0 0 0 1 1 1 1 1

(000's) M 14 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 O N D J 17 F
Avg Sale Price 0 0 0 0 5,250 0 0 0 2,315 0 0 0 0 0 0 625 5,000 2,269 0 600 0 0 3,000 835 0 2,200 0 0 0 0 0 1,200 1,685 2,000 2,400 1,344
3 Mo. Roll Avg 0 0 1,750 1,750 1,750 0 772 772 772 0 0 0 0 208 1,875 2,631 2,423 956 200 200 1,000 1,278 1,278 1,012 733 733 0 0 0 400 962 1,628 2,028 1,915

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 3/1/2014 through 2/28/2017. 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.