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8/7/2019 Salinas Monterey Highway Homes Market Action Report Real Estate Sales for Jan 2011
http://slidepdf.com/reader/full/salinas-monterey-highway-homes-market-action-report-real-estate-sales-for-jan 1/3
January 2011
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
January Median Sales Price
January Average Sales Price
Total Properties Currently for Sale (Inventory)
January Number of Properties Sold
January Average Days on Market (Solds)
Asking Price per Square Foot (based on New Listings)
January Sold Price per Square Foot
January Month's Supply of Inventory
January Sale Price vs List Price Ratio
Property Sales
January Property sales were 9, up 12.5% from 8 inJanuary of 2010 and 30.8% lower than the 13 sales
last month. January 2011 sales were at their highest
level compared to January of 2010 and 2009.
January YTD sales of 9 are running 12.5% ahead of
last year's year-to-date sales of 8.
12.1 12.1
97.9% 93.3%* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2010) / YTD = Year-to-date | Arrows indicate if Month / YTD values are higher (up), lower (down) or unchanged (flat)
Number of Properties Sold
68 68
$293 $293
$280 $280
$840,333 $840,333
109
9 9
$795,505
$1,062,788
$535,000 $535,000
MARKET ACTION REPORT
City: Salinas Monterey Highway
Trending versus*: Trending versus*:
Month YTD
54
11
3
12
10
10
8
15
6
8
4
15
7
12
22
20
10
16
12
22
7
21
8
13
11
26
9
19
9 10
25
22
12 1
3
9
0
5
10
15
2025
30
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 O N D J
3 Mo Avg
Nicole Truszkowski
CIPS, CLHMS, TRC, Broker Associate
Nicole@EstatesofCarmel.com
831-238-7449
www.EstatesofCarmel.com
Prices
Inventory & MSIThe Total Inventory of Properties available for sale as of
d f l h d
Median Sales Price and Average Sales Price
The Median Sales Price in January was $535,000, up
12.3% from $476,250 in January of 2010 and down
6.1% from $570,000 last month. The Average Sales
Price in January was $840,333, up 98.7% from$422,931 in January of 2010 and up 23.4% from
$680,923 last month. January 2011 ASP was at the
highest level compared to January of 2010 and 2009.
Total Inventory & Month's Supply of Inventory (MSI)
54
11
3
12
10
10
8
15
6
8
4
15
7
12
22
20
10
16
12
22
7
21
8
13
11
26
9
19
9 10
25
22
12 1
3
9
0
5
10
15
2025
30
F08
M A M J J A S O N D J09
F M A M J J A S O N D J10
F M A M J J A S O N D J11
300
500
700
900
1,100
1,300
1,500
1,700
1,900
F08
M A M J J A S O N D J09
F M A M J J A S O N D J10
F M A M J J A S O N D J11
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
60
70
180
200
(000's)
3 Mo Avg
3 Mo Avg
Nicole Truszkowski
CIPS, CLHMS, TRC, Broker Associate
Nicole@EstatesofCarmel.com
831-238-7449
www.EstatesofCarmel.com
8/7/2019 Salinas Monterey Highway Homes Market Action Report Real Estate Sales for Jan 2011
http://slidepdf.com/reader/full/salinas-monterey-highway-homes-market-action-report-real-estate-sales-for-jan 2/3
January 2011
Price Range: All | Properties: Single Family - Condo - TwnHm
Market Time
Selling Price per Square FootThe 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
January 2011 Selling Price per Square Foot of $280 was
up 15.0% from $243 last month and up 20.8% from 232
in January of last year.
MARKET ACTION REPORT
City: Salinas Monterey Highway
Days On Market for Sold Properties
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 January was 68, down 27.7% from 94 days last
month and up 6.3% from 64 days in January of last
year. The January 2011 DOM was at a mid levelcompared with January of 2010 and 2009.
Selling Price per Square Foot
129
64 68
0
50
100
150
200
250
300
F08
M A M J J A S O N D J09
F M A M J J A S O N D J10
F M A M J J A S O N D J11
Average Days on Market (Listing to Contract) for properties sold during the month
223232
280
200
250
300
350
400
450
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 O N D J
Average Selling Price per Square Foot for properties that sold during the month
3 Mo Avg
3 Mo Avg
Nicole Truszkowski
CIPS, CLHMS, TRC, Broker Associate
Nicole@EstatesofCarmel.com
831-238-7449
www.EstatesofCarmel.com
Selling Price vs Original Listing Price
Inventory / New Listings / Sales
Selling Price versus Listing Price Ratio
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 January 2011 Selling Price vs Original List Price of
97.9% was up from 92.9% last month and up from
97.6% in January of last year.
Inventory / New Listings / Sales
129
64 68
0
50
100
150
200
250
300
F08
M A M J J A S O N D J09
F M A M J J A S O N D J10
F M A M J J A S O N D J11
Average Days on Market (Listing to Contract) for properties sold during the month
223232
280
200
250
300
350
400
450
F08
M A M J J A S O N D J09
F M A M J J A S O N D J10
F M A M J J A S O N D J11
Average Selling Price per Square Foot for properties that sold during the month
92.7%
97.6% 97.9%
90%
92%
94%
96%
98%
100%
102%
104%
F08
M A M J J A S O N D J09
F M A M J J A S O N D J10
F M A M J J A S O N D J11
Avg Selling Price divided by Avg Listing Price for sold properties during the month
200 Inventory New Listings Sales
3 Mo Avg
3 Mo Avg
3 Mo Avg
Nicole Truszkowski
CIPS, CLHMS, TRC, Broker Associate
Nicole@EstatesofCarmel.com
831-238-7449
www.EstatesofCarmel.com
8/7/2019 Salinas Monterey Highway Homes Market Action Report Real Estate Sales for Jan 2011
http://slidepdf.com/reader/full/salinas-monterey-highway-homes-market-action-report-real-estate-sales-for-jan 3/3
January 2011
Price Range: All | Properties: Single Family - Condo - TwnHm
Inventory / Listings / Sales
City: Salinas Monterey Highway
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 January 2011 was 20, up
42.9% from 14 last month and down 9.1% from 22 in January of last year.
165
171
174 1
81
180
181
183
179
172
170
168
161
177
165
52 1
61
2
160
180
200 Inventory New Listings Sales
Nicole Truszkowski
CIPS, CLHMS, TRC, Broker Associate
Nicole@EstatesofCarmel.com
831-238-7449
www.EstatesofCarmel.com
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
he 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.
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7 155
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27
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232
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20 2
527
27
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21 2
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0
5 4 11
3 12
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8 15
6 8 4 15
7 12
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F08
M A M J J A S O N D J 09 F M A M J J A S O N D J 10 F M A M J J A S O N D J 11
Inventory New Listings Sales
Nicole Truszkowski
CIPS, CLHMS, TRC, Broker Associate
Nicole@EstatesofCarmel.com
831-238-7449
www.EstatesofCarmel.com