big sur coast homes market action report real estate sales for march 2012

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March 2012 Price Range: All | Properties: Single Family - Condo - TwnHm Market Profile & Trends Overview LM L3M PYM LY Pri or YTD P ri or Year Median List Price of all Current Listings  Average List Price of all Current Listings March Median Sales Price March Average Sales Price Total Properties Currently for Sale (Inventory) March Number of Properties Sold March Average Days on Market (Solds)  Asking Price per Square Foot (based on New Listings) March Sold Price per Square Foot March Month's Supply of Inventory March Sale Price vs List Price Ratio Property Sales Prices Inventory & MSI The Total Inventory of Properties available for sale as of March was 31, equal to 31 last month and down 24.4% from 41 in March of last year. March 2012 Inventory was at its lowest level compared with March of 2011 and 2010. Trending versus*: * 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) Number of Properties Sold March Property sales were 0, down 100.0% from 1 in March of 2011 and 100.0% lower than the 1 sales last month. March 2012 sales were at their lowest level compared to March of 2011 and 2010. March YTD sales of 1 are running 50.0% behind last year's year-to date sales of 2. $1,190 56.3% $1,503 $2,189 31.0 $0 Copyright © Sotheby’s Interna tional Rea lty | Price Rang e: All | Property Types: Single Family - Condo - TwnHm Data is provided courtesy of MLS Listings Inc. and may not reflect all relevant real estate activity. Sotheby’s International Realt 410 does not warrant or guarantee the accura cy of this information. It is the responsibility of any buyer or seller to verify any and all information relevant to such consumer’s real estate transa ction Total Inventory & Month's Supply of Inventory (MSI)  A comparatively lower MSI is more beneficial for sellers  while a higher MSI is better for buyers. The March 2012 MSI of 0.0 months was at a mid level compared with March of 2011 and 2010. The Median Sales Price in March was $0, down 100.0% from $3,800,000 in March of 2011 and down 100.0% from $985,000 last month. The  Average Sales Price in March was $0, down 100.0% from $3,800,000 in March of 2011 and down 100.0% from $985,000 last month. March 2012 ASP was at a mid range compared to March of 2011 and 2010. $985,000 0 MARKET ACTION REPORT 0 0.0% $2,495,000 $2,762,484 $0 $0 31 Trending versus*: $985,000  City: Big Sur Coast Median Sales Price and  Average Sales Price 1 0.0 Month YTD         0 0 0 1 0 0 0 1 0 2 0 0 1 0 0 1 1 0 0 0 0 1 0 2 0 1 0 0 1 1 1 0 1         0 1 0 1 1 2 2 3 A 09 MJJ AS ON DJ 10 FM AMJ J ASO NDJ 11 FMA MJ J ASON DJ 12 F M 200 1,200 2,200 3,200 4,200 5,200 A 09 MJJ ASO NDJ 10 FMA MJ J ASONDJ 11 FMAMJJ ASONDJ 12 FM Median means Middle (the same # of properties sold above and below the Median) MSI is the # of month's needed to sell all of the Inventory at the monthly Sales Pace         1         6        1         7         1         7        1         8         2         5         2         9         2         9         3         7         3         6         3         4        3         5 3         8 4         0         4         5 4         7         4         6         4         3 4         5         4         4 4         6         4         2         4         2         3         8         3         6         3         5 3         7         3         8         3         9         3         6         3         3        3         4         3         0        3         1         3         1         4         1         3         8 0 5 10 15 20 25 30 35 40 45 50 A 09 MJ JASON DJ 10 FM AMJJ ASO NDJ 11 FM AMJJ ASONDJ 12 F M 0 5 10 15 20 25 30 35 40 45 50 (000's) 3 Mo Avg 3 Mo Avg Nicole Truszkowski CIPS, CLHMS, TRC, Broker Associate [email protected] 831-238-7449  www.EstatesofCarmel.com

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Page 1: Big Sur Coast Homes Market Action Report Real Estate Sales for March 2012

8/2/2019 Big Sur Coast Homes Market Action Report Real Estate Sales for March 2012

http://slidepdf.com/reader/full/big-sur-coast-homes-market-action-report-real-estate-sales-for-march-2012 1/3

March 2012

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

Market Profile & Trends Overview  LM L3M PYM LY Prior YTD Prior Year

Median List Price of all Current Listings

 Average List Price of all Current Listings

March Median Sales Price

March Average Sales Price

Total Properties Currently for Sale (Inventory)

March Number of Properties Sold

March Average Days on Market (Solds)

 Asking Price per Square Foot (based on New Listings)

March Sold Price per Square Foot

March Month's Supply of Inventory 

March Sale Price vs List Price Ratio

Property Sales

Prices

Inventory & MSIThe Total Inventory of Properties available for sale as of 

h l l h d d

Trending versus*:

* 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)

Number of Properties Sold

March Property sales were 0, down 100.0% from 1 inMarch of 2011 and 100.0% lower than the 1 sales last

month. March 2012 sales were at their lowest level

compared to March of 2011 and 2010. March YTD

sales of 1 are running 50.0% behind last year's year-to

date sales of 2.

$1,190

56.3%

$1,503

$2,189

31.0

$0

410

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

The Median Sales Price in March was $0, down

100.0% from $3,800,000 in March of 2011 and

down 100.0% from $985,000 last month. The

 Average Sales Price in March was $0, down 100.0%from $3,800,000 in March of 2011 and down 100.0%

from $985,000 last month. March 2012 ASP was at a

mid range compared to March of 2011 and 2010.

$985,000

0

MARKET ACTION REPORT

0

0.0%

$2,495,000

$2,762,484

$0

$0

31

Trending versus*:

$985,000

 City: Big Sur Coast 

Median Sales Price and  Average Sales Price

1

0.0

Month YTD

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

0

1

1

2

2

3

A

09

M J J A S O N D J

10

F M A M J J A S O N D J

11

F M A M J J A S O N D J

12

F M

200

1,200

2,200

3,200

4,200

5,200

A

09

M J J A S O N D J

10

F M A M J J A S O N D J

11

F M A M J J A S O N D J

12

F M

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

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

76 645

50

45

50

(000's)

3 Mo Avg

3 Mo Avg

Nicole TruszkowskiCIPS, CLHMS, TRC, Broker Associate

[email protected]

831-238-7449

 www.EstatesofCarmel.com

Page 2: Big Sur Coast Homes Market Action Report Real Estate Sales for March 2012

8/2/2019 Big Sur Coast Homes Market Action Report Real Estate Sales for March 2012

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March 2012

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

Market Time

Selling Price per Square Foot

Selling Price vs Original Listing Price

Inventory / New Listings / Sales

MARKET ACTION REPORT

Days On Market for Sold Properties

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

March 2012 Selling Price per Square Foot of $0 was

down 100.0% from $2,189 last month and down 100.0%

from 2,045 in March of last year.

Selling Price per Square Foot

 City: Big Sur Coast 

Selling Price versus Listing Price Ratio

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

March was 0, down 100.0% from 410 days last month

and down 100.0% from 692 days in March of last year.

The March 2012 DOM was at a mid level compared withMarch of 2011 and 2010.

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 March 2012 Selling Price vs Original List Price of 

0.0% was down from 56.3% last month and down from

76.8% in March of last year.

Inventory / New Listings / Sales

692

0

200

400

600

800

1,000

A

09

M J J A S O N D J

10

F M A M J J A S O N D J

11

F M A M J J A S O N D J

12

F M

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

0

2045

0

0

500

1,000

1,500

2,000

2,500

A

09

M J J A S O N D J

10

F M A M J J A S O N D J

11

F M A M J J A S O N D J

12

F M

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

76.8%

55%

60%

65%

70%

75%

80%

85%

90%

95%

100%

A

09

M J J A S O N D J

10

F M A M J J A S O N D J

11

F M A M J J A S O N D J

12

F M

Avg Selling Price divided by Avg Listing Price for sold properties during the month

50 Inventory New Listings Sales

3 Mo Avg

3 Mo Avg

3 Mo Avg

Nicole TruszkowskiCIPS, CLHMS, TRC, Broker Associate

[email protected]

831-238-7449

 www.EstatesofCarmel.com

Page 3: Big Sur Coast Homes Market Action Report Real Estate Sales for March 2012

8/2/2019 Big Sur Coast Homes Market Action Report Real Estate Sales for March 2012

http://slidepdf.com/reader/full/big-sur-coast-homes-market-action-report-real-estate-sales-for-march-2012 3/3

March 2012

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

Inventory / 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 basicannual seasonality of the market as well as the relationship between these items. The number of New Listings in March 2012 was 2, down33.3% from 3 last month and down 50.0% from 4 in March of last year.

 City: Big Sur Coast 

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 consumer’s real estate transaction.

Copyright © Sotheby’s International Realty | Price Range: All | Property Types: Single Family - Condo - TwnHmData is provided courtesy of MLS Listings Inc. and may not reflect all relevant real estate activity. Sotheby’s International Realty does not warrant or guarantee

       1                6 1

       7

       1

              7 1        8

        2       5

        2        9

        2        9

        3

       7

        3        6

        3              4 3

       5

        3        8

       4        0

       4       5

       4       7

       4        6

       4        3

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       4        2

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        3        8

        3        6        3       5         3

              7 3                8 3

        9

        3        6

        3                3 3

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        3        0 3

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0

5

10

15

20

25

30

35

40

45

50

A

09

M J J A S O N D J

10

F M A M J J A S O N D J

11

F M A M J J A S O N D J

12

F M

Inventor New Listin s Sales

Nicole Truszkowski

CIPS, CLHMS, TRC, Broker Associate

[email protected]

831-238-7449

 www.EstatesofCarmel.com