Carmel Ca Homes Market Action Report for Real Estate Sales June 2013

7/28/2019 Carmel Ca Homes Market Action Report for Real Estate Sales June 2013

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June 2013

Price Range: All | Properties: SFH - Condo - TwnHm

Market Profile & Trends Overview LM L3M PYM LY Prior YTD Prior YearMedian List Price of all Current Listings

Average List Price of all Current Listings

June Median Sales Price

June Average Sales Price

Total Properties Currently for Sale (Inventory)

June Number of Properties Sold

June Average Days on Market (Solds)

Asking Price per Square Foot (based on New Listings)

June Sold Price per Square Foot

June Month's Supply of Inventory

June Sale Price vs List Price Ratio

Property Sales

Prices

Inventory & MSIThe Total Inventory of Properties available for sale as of June was 134, up 3.9% from 129 last month and down20.2% from 168 in June of last year. June 2013Inventory was at its lowest level compared with June of 2012 and 2011.

June Property sales were 20, up 5.3% from 19 inJune of 2012 and 35.5% lower than the 31 sales last

month. June 2013 sales were at a mid levelcompared to June of 2012 and 2011. June YTDsales of 130 are running 0.8% behind last year's

year-to-date sales of 131.

Median Sales Price and Average Sales Price

The Median Sales Price in June was $1,037,500,down 9.8% from $1,150,000 in June of 2012 anddown 17.0% from $1,250,000 last month. The

Average Sales Price in June was $1,289,975, up3.6% from $1,245,342 in June of 2012 and down1.5% from $1,308,968 last month. June 2013 ASP

was at a mid range compared to June of 2012 and2011.

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

6.7 7.197.6% 94.7%

* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2012) / YTD = Year-to-date | Arrows indicate if Month / YTD values are higher (up), lower (down) or unchanged (flat)

Number of Properties Sold

97 98$833 $869$819 $801

$1,289,975 $1,490,081134

20 130

$1,995,000$2,426,764$1,037,500 $1,200,000

MARKET ACTION REPORT

City: Carmel

Trending versus*: Trending versus*:Month YTD

600800

1,0001,2001,4001,6001,8002,0002,200

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F M A M J

Median means Middle

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

MSI is the # of month's needed t o sell all of the Inventory at the monthly Sales Pace

(000's)

3 Mo Avg

3 Mo Avg

Nicole Truszkowski

Broker Associate

www.estatesofcarmel.com831-238-7449

email: [email protected]

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June 2013


Market Time

Selling Price per Square Foot

Selling Price vs Original Listing Price

Inventory / New Listings / Sales

The Selling Price per Square Foot is a great indicator forthe direction of Property values. Since Median SalesPrice and Average Sales price can be impacted by the'mix' of high or low end Properties in the market, theselling price per square foot is a more normalized

indicator on the direction of Property values. The June2013 Selling Price per Square Foot of $819 was up15.8% from $707 last month and up 16.7% from 702 inJune of last year.

Selling Price versus Listing Price Ratio

The Selling Price vs Original Listing Price reveals theaverage amount that Sellers are agreeing to come downfrom their original list price. The lower the ratio is below 100% the more of a Buyer's market exists, a ratioat or above 100% indicates more of a Seller's market.The June 2013 Selling Price vs Original List Price of 97.6% was up from 95.4% last month and up from95.6% in June of last year.

Inventory / New Listings / Sales

This last view of the market combines monthly inventory of Properties for sale along with New Listingsand Sales. The graph shows the basic annualseasonality of the market as well as the relationship

MARKET ACTION REPORT

City: Carmel

Days On Market for Sold Properties

The average Days On Market (DOM) shows how many days the average Property is on the market before itsells. An upward trend in DOM tends to indicate amove towards more of a Buyer's market, a downwardtrend a move towards more of a Seller's market. TheDOM for June was 97, up 36.6% from 71 days lastmonth and up 15.5% from 84 days in June of last year.The June 2013 DOM was at a mid level compared withJune of 2012 and 2011.

Selling Price per Square Foot

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

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

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

3 Mo Avg

3 Mo Avg

3 Mo Avg

Nicole Truszkowski

Broker Associate



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94.5%95.6%

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June 2013


Copyright Sothebys International Realty | Price Range: All | Property Types: SFH - Condo - TwnHmData is provided courtesy of MLS Listings Inc. and may not reflect all relevant real estate activity. Sothebys International Realty does not warrant or guaranteedoes 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.

Inventory / Listings / Sales City: Carmel

Inventory / New Listings / SalesThis 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 June 2013 was 34, down8.1% from 37 last month and equal to 34 in June of last year.

Nicole Truszkowski

Broker Associate



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Inventory New Listings Sales

Documents

Carmel Ca Homes Market Action Report for Real Estate Sales June 2013