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December 2010 Price Range: All | Proper ties: Single Famil y Market Profile & Trends Overview LM L3M PYM LY Pr ior YTD Pri or Ye ar Median List Price of all Current Listings Average List Price of all Current Listings December Median Sales Price December Average Sales Price Total Properties Currently for Sale (Inventory) December Number of Properties Sold December Average Days on Market (Solds) Asking Price per Square Foot (based on New Listings) December Sold Price per Square Foot December Month's Supply of Inventory December Sale Price vs List Price Ratio Property Sales December Property sales were 1, down 75.0% from 4 in December of 2009 and 66.7% lower than the 3 sales last month. December 2010 sales were at their lowest level compared to December of 2009 and 2008. December YTD sales of 75 are running 17.2% ahead of last year's year-to-date sales of 64. 94.0 25.2 91.6% 85.6% * LM=Last Month / L3M=Last 3 Months / PYM=Sa me Month Prior Year / LY=Last Year (2009) / YTD = Year-to-date | Arrows indicate if Month / YTD values are highe r (up), lower (down) or unchanged (flat) Number of Properties Sold 285 136 $518 $751 $779 $619 $4,575,000 $2,122,398 94 1 75 $2,189,000 $3,167,587 $4,575,000 $1,100,000 MARKET ACTION REPORT City: Pebble Beach Trending versus*: Trending versus*: Month YTD 6 4 1 0 6 6 1 0 5 6 7 7 5 5 7 5 2 4 3 7 9 1 0 1 3 9 4 6 1 0 6 4 1 0 1 0 7 6 6 6 3 1 0 2 4 6 8 10 12 J FMAMJ J ASOND J FMAMJ J ASOND J FMAMJ J ASOND 3 Mo Avg Nicole Truszkowski CIPS, CLHMS, TRC, Broker Associate [email protected] 831-238-7449 www.EstatesofCarmel.com Prices Inventory & MSI The Total Inventory of Properties available for sale as of December was 94, down 7.8% from 102 last month and down 15.3% from 111 in December of last y ear. December 2010 Inventory was at its lowest level compared with December of 2009 and 2008. Data is provided courtesy of MLS Listings Inc. and may not reflect all relevant real estate activity. Sotheby’s Interna tional 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 Median Sales Price and Average Sales Price The Median Sales Price in December was $4,575,000, up 341.0% from $1,037,500 in December of 2009 and up 119.4% from $2 ,085,000 last month. The Average Sales Price in December was $4,575,000, up 343.1% from $1,032,500 in December of 2009 and up 116.3% from $2,115,000 last month. December 2010 ASP was at the highest level compared to December of 2009 and 2008. Total Inventory & Month's Supply of Inventory (MSI) A comparatively lower MSI is more beneficial for sellers while a higher MSI is better fo r buyers. The December 2010 MSI of 94.0 months was at its highest level compared with December of 2009 and 2008. Copyright © Sotheb y’s Interna tional Realty | Price Range: All | Property Type s: Single Family 6 4 1 0 6 6 1 0 5 6 7 7 5 5 7 5 2 4 3 7 9 1 0 1 3 9 4 6 1 0 6 4 1 0 1 0 7 6 6 6 3 1 0 2 4 6 8 10 12 J 08 FM AMJJ ASO NDJ 09 FM AMJJ ASO NDJ 10 FM AMJ JASOND 800 1,300 1,800 2,300 2,800 3,300 3,800 4,300 4,800 5,300 5,800 J 08 FM AMJ JASONDJ 09 FMAMJ JASONDJ 10 FMAMJ J ASON D 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 0 0 9 5 9 8 1 0 7 9 8 1 0 4 1 0 5 1 0 9 1 1 5 1 1 2 1 0 3 9 4 1 1 0 1 1 1 1 0 7 1 1 3 1 0 8 1 1 0 1 0 3 1 1 6 1 2 2 1 2 6 1 1 9 1 1 1 1 1 4 1 1 4 1 1 3 1 1 1 1 1 8 1 2 7 1 1 7 1 1 6 1 1 5 1 0 8 1 0 2 9 4 0 20 40 60 80 100 120 140 0 20 40 60 80 100 120 140 J 08 FM AMJ JASONDJ 09 FM AMJJ ASO NDJ 10 FMA MJ J ASON D (000's) 3 Mo Avg 3 Mo Avg Nicole Truszkowski CIPS, CLHMS, TRC, Broker Associate [email protected] 831-238-7449 www.EstatesofCarmel.com
