MARKET ACTION REPORT

September 2012
Nicole Truszkowski
Broker Associate 831-238-7449
website: www.estatesofcarmel.com email: nicole@estatesfocarmel.com

City: Big Sur Coast

Price Range: All | Properties: Single Family - Condo - TwnHm

Trending versus*:

Trending versus*:
LY

Market Profile & Trends Overview

Median List Price of all Current Listings Average List Price of all Current Listings September Median Sales Price September Average Sales Price Total Properties Currently for Sale (Inventory) September Number of Properties Sold September Average Days on Market (Solds) Asking Price per Square Foot (based on New Listings) September Sold Price per Square Foot September Month's Supply of Inventory September Sale Price vs List Price Ratio

Month
$2,600,000 $3,091,200 $0 $0 25 0 0 $1,103 $0 0.0 0.0%

LM

L3M PYM

YTD

Prior YTD

Prior Year

$985,000 $988,140 5 385 $1,122 $1,075 27.6 78.6%

Number of Properties Sold
3 Mo Avg

* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2011) / YTD = Year-to-date | Arrows indicate if Month / YTD values are higher (up), lower (down) or unchanged (flat)

Property Sales
September Property sales were 0, up from 0 in September of 2011 and 100.0% lower than the 1 sales last month. September 2012 sales were at their lowest level compared to September of 2011 and 2010. September YTD sales of 5 are running equal to last year's year-to-date sales of 5.

3 2 2 1 1 0

O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S 09 10 11 12

Prices
The Median Sales Price in September was $0, up from $0 in September of 2011 and down 100.0% from $480,200 last month. The Average Sales Price in September was $0, up from $0 in September of 2011 and down 100.0% from $480,200 last month. September 2012 ASP was at a mid range compared to September of 2011 and 2010.

(000's)

5,200 4,200 3,200 2,200 1,200 200

O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S 09 10 11 12

Inventory & MSI

The Total Inventory of Properties available for sale as of September was 25, down 16.7% from 30 last month and down 35.9% from 39 in September of last year. September 2012 Inventory was at its lowest level compared with September of 2011 and 2010.

A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers. The September 2012 MSI of 0.0 months was at a mid level compared with September of 2011 and 2010.

50 45 40 35 30 25 20 15 10 5 0

O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S 09 10 11 12

Copyright Sothebys International Realty | Price Range: All | Property Types: Single Family - Condo - TwnHm
Data is provided courtesy of MLS Listings Inc. and may not reflect all relevant real estate activity. Sothebys International Realty does not warrant or guarantee the accuracy of this information. It is the responsibility of any buyer or seller to verify any and all information relevant to such consumers real estate transaction.

45 47 46 43 45 44 46 42 42 41 38 36 35 37 38 39 36 35 36 32 33 36 34 30 27 31 30 25

29

37 36 34 35 38 38 40

0 1 0 2 0 0 0 1 0 0 1 1 0 0 0 0 1 1 0 2 0 1 0 0 1 1 1 0 1 0 1 0 2 0 1 0

Median Sales Price and Average Sales Price

Median means Middle (the same # of properties sold above and below the Median) 3 Mo Avg

Total Inventory & Month's Supply of Inventory (MSI)

MSI is the # of month's needed to sell all of the Inventory at the monthly Sales Pace

50 45 40 35 30 25 20 15 10 5 0

MARKET ACTION REPORT

September 2012
Nicole Truszkowski
Broker Associate 831-238-7449
website: www.estatesofcarmel.com email: nicole@estatesfocarmel.com

City: Big Sur Coast

Price Range: All | Properties: Single Family - Condo - TwnHm

Days On Market for Sold Properties

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 0, down 100.0% from 1,095 days last month and up from 0 days in September of last year. The September 2012 DOM was at a mid level compared with September of 2011 and 2010. 1,000 800 600 400 200 0

Average Days on Market (Listing to Contract) for properties sold during the month

3 Mo Avg

348

O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S 09 10 11 12

Selling Price per Square Foot

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 September 2012 Selling Price per Square Foot of $0 was down 100.0% from $240 last month and up from 0 in September of last year.

Average Selling Price per Square Foot for properties that sold during the month

3 Mo Avg

2,500 2,000 1,500 1,000 500

2214

0
O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S 09 10 11 12

Selling Price versus Listing Price Ratio

100%
Avg Selling Price divided by Avg Listing Price for sold properties during the month 3 Mo Avg

Selling Price vs Original Listing Price

The Selling Price vs Original Listing Price reveals the average amount that Sellers are agreeing to come down from their original 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 September 2012 Selling Price vs Original List Price of 0.0% was down from 97.0% last month and up from 0.0% in September of last year.

95% 90% 85% 80% 75% 70% 65% 60% 55% O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S 09 10 11 12 77.6%

Inventory / New Listings / Sales

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 September 2012 was 2, up 100.0% from 1 last month and equal to 2 in September of last year.

50 45 40 35 30 25 20 15 10 5 0

Inventory

New Listings

Sales

O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S 09 10 11 12

Copyright Sothebys International Realty | Price Range: All | Property Types: Single Family - Condo - TwnHm
Data is provided courtesy of MLS Listings Inc. and may not reflect all relevant real estate activity. Sothebys International Realty does not warrant or guarantee the accuracy of this information. It is the responsibility of any buyer or seller to verify any and all information relevant to such consumers real estate transaction.

45 47 46 43 45 44 46 42 42 41 38 36 35 37 38 39 36 35 36 32 33 36 34 30 27 31 30 25

29

37 36 34 35 38 38 40

Inventory / Listings / Sales

September 2012
Nicole Truszkowski Broker Associate 831-238-7449
website: www.estatesofcarmel.com email: nicole@estatesfocarmel.com

City: Big Sur Coast

Price Range: All | Properties: Single Family - Condo - TwnHm

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 September 2012 was 2, up 100.0% from 1 last month and equal to 2 in September of last year. 50
46 45 45 46

Inventory
47 43 44 42 42

New Listings

Sales

45
40

41

40
38 38 36 35

38

36

36

35

35

36

36 32 33 34

35 30
29

37

34

37

38

39

30

31 27

20 15 10
8

5
4 4 3 3 3 0 2 2 2 0 1 0 0 0 1

1 2 1

0 2 0

1 2 0 2 2 2 0 2 1

0 2 0

1 0 1 1 1 2 0

0 2 1 1 0 1 2

O 09

J 10

J 11

J 12

Copyright Sothebys International Realty | Price Range: All | Property Types: Single Family - Condo - TwnHm
Data is provided courtesy of MLS Listings Inc. and may not reflect all relevant real estate activity. Sothebys International Realty does not warrant or guarantee does not warrant or guarantee the accuracy of this information. It is the responsibility of any buyer or seller to verify any and all information relevant to such consumers real estate transaction.

0 1 1 2 0

25 S

25

30