Market Action Report - City_ Pebble Beach - Jun2010
3
June 2010 Price Range: 1,000 to 100,000,000 | Properties: Single Family Market Profile & Trends Overview LM L3M PYM LY Pr ior YTD Pr ior Ye ar Median List Price of all Current Listings -10% -4% Average List Price of all Current Listings -15% -17% June Median Sales Price 156% 87% 134% 134% -5% -1% June Average Sales Price -9% 11% 142% 96% 33% 40% Total Properties Currently for Sale (Inventory) 8% 16% June Number of Properties Sold 0% 43% 64% June Average Days on Market (Solds) -3% 15% 81% 1% -22% -11% Asking Price per Square Foot (based on New Listings) -20% -3% -22% -16% -13% -7% June Sold Price per Square Foot 15% 8% 40% 44% 0% 17% June Month's Supply of Inventory 8% -27% -19% -62% -41% -49% June Sale Price vs List Price Ratio 4.1% 11.5% -3.1% 2.6% -5.9% -6.3% Property Sales Prices Inventory & MSI The Total Inventory of Properties available for sale as of June was 128, up 7.6% from 119 last month and up 16.4% from 110 in June of last year. June 2010 Inventory was at its highest level compared with June of 2009 and 2008. The Median Sales Price in June was $2,575,000, up 134.1% from $1,100,000 in June of 2009 and up 155.6% from $1,007,500 last month. The Average Sales Price in June was $3,409,750, up 142.4% from $1,406,714 in June of 2009 and down 8.8% from $3,739,800 last month. June 2010 ASP was at a mid range compared to June of 2009 and 2008. Trending versus*: * LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2009) / YTD = Year-to-da te | Arrows indicate if Month / YTD values are higher (up), lower (down) or unchanged (flat) Number of Properties Sold June Property sales were 10, up 42.9% from 7 in June of 2009 and the same as the 10 sales last month. June 2010 sales were at their highest level compared to June o f 2009 and 2008. June YTD sales of 46 are running 64.3% ahead of last year's year-to-date sales of 28. $712 83.2% $782 $648 16.9 Copyright © Sotheby’s Internati onal Realty | Price Range: 1,000 to 100,000,000 | Property Types: Single Family Data is provided courtesy of Bay Area Real Estate Information Services, Contra Costa Assoc. of Realtors, Bay East Assoc. of Realtors, East Bay Regional Data, RE Infolink, Metrolist Services Inc., Tahoe Sierra Board of Realtors, San Francisc 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. 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 June 2010 MSI of 12.8 months was at a mid level compared with June of 2009 and 2008. 12.8 Month YTD 129 $1,091,975 $2,424,249 10 $800 147 Trending versus*: 46 City: Pebble Beach Median Sales Price and Average Sales Price MARKET ACTION REPORT 91.1% $2,295,000 $3,451,424 $2,575,000 $3,409,750 128 9 9 5 4 9 2 6 4 1 0 6 6 5 6 7 7 5 5 7 5 2 4 3 9 1 0 1 3 9 4 6 1 0 6 4 1 0 1 0 7 1 0 0 2 4 6 8 10 12 J 07 ASONDJ 08 FM AMJ JASO NDJ 09 FM AMJJ ASONDJ 10 FMAMJ 800 1,300 1,800 2,300 2,800 3,300 3,800 4,300 4,800 5,300 5,800 J 07 ASONDJ 08 FM AMJ JASONDJ 09 FM AMJJ ASON DJ 10 FMAMJ 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 1 0 1 2 4 1 1 7 1 0 8 9 7 8 9 1 0 0 9 5 9 8 1 0 7 9 8 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 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 9 1 2 8 1 1 0 1 0 4 0 20 40 60 80 100 120 140 J 07 ASONDJ 08 FM AMJJ ASO NDJ 09 FMAMJJASONDJ 10 FMAMJ 0 20 40 60 80 100 120 140 (000's) 3 Mo Avg 3 Mo Avg Nicole Truszkowski CIPS,CLHMS,TRC [email protected] 831-238-7449 www.estatesofcarmel.com
-
Upload
nicole-truszkowski -
Category
Documents
-
view
220 -
download
0
Transcript of Market Action Report - City_ Pebble Beach - Jun2010
8/9/2019 Market Action Report - City_ Pebble Beach - Jun2010
http://slidepdf.com/reader/full/market-action-report-city-pebble-beach-jun2010 1/3
June 2010
Price Range: 1,000 to 100,000,000 | Properties: Single Family
Market Profile & Trends Overview LM L3M PYM LY Prior YTD Prior Year
Median List Price of all Current Listings -10% -4%
Average List Price of all Current Listings -15% -17%
June Median Sales Price 1 56 % 8 7% 1 34% 1 34 % -5% -1%
June Average Sales Price -9% 11% 142% 96% 33% 40%
Total Properties Currently for Sale (Inventory) 8% 16%
June Number of Properties Sold 0% 43% 64%
June Average Days on Market (Solds) -3% 15% 81% 1% -22% -11%
Asking Price per Square Foot (based on New Listings) -20% -3% -22% -16% -13% -7%
June Sold Price per Square Foot 15% 8% 40% 44% 0% 17%
June Month's Supply of Inventory 8% -27% -19% -62% -41% -49%
June Sale Price vs List Price Ratio 4.1% 11.5% -3.1% 2.6% -5.9% -6.3%
Property Sales
Prices
Inventory & MSIThe Total Inventory of Properties available for sale as of
The Median Sales Price in June was $2,575,000, up
134.1% from $1,100,000 in June of 2009 and up
155.6% from $1,007,500 last month. The Average
Sales Price in June was $3,409,750, up 142.4% from
$1,406,714 in June of 2009 and down 8.8% from
$3,739,800 last month. June 2010 ASP was at a
mid range compared to June of 2009 and 2008.
Trending versus*:
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2009) / YTD = Year-to-da te | Arrows indicate if Month / YTD values are higher (up), lower (down) or unchanged (flat)
Number of Properties Sold
June Property sales were 10, up 42.9% from 7 inJune of 2009 and the same as the 10 sales last
month. June 2010 sales were at their highest level
compared to June of 2009 and 2008. June YTD
sales of 46 are running 64.3% ahead of last year's
year-to-date sales of 28.
$712
83.2%
$782
$648
16.9
Total Inventory & Month's Supply of Inventory (MSI)
12.8
Month YTD
129
$1,091,975
$2,424,249
10
$800
147
Trending versus*:
46
City: Pebble Beach
Median Sales Price and Average Sales Price
MARKET ACTION REPORT
91.1%
$2,295,000
$3,451,424
$2,575,000
$3,409,750
128
9 9
5
4
9
2
6
4
1 0
6 6
5
6
7 7
5 5
7
5
2
4
3
9
1 0
1
3
9
4
6
1 0
6
4
1 0
1 0
7
1 0
0
2
4
6
8
10
12
J
07
A S O N D J
08
F 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
8001,300
1,8002,3002,8003,3003,8004,3004,8005,3005,800
J
07
A S O N D J
08
F 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
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 Pace140 140
(000's)
3 Mo Avg
3 Mo Avg
Nicole TruszkowskiCIPS,CLHMS,TRC
831-238-7449
www.estatesofcarmel.com
8/9/2019 Market Action Report - City_ Pebble Beach - Jun2010
http://slidepdf.com/reader/full/market-action-report-city-pebble-beach-jun2010 2/3
June 2010
Price Range: 1,000 to 100,000,000 | Properties: Single Family
Market Time
Selling Price per Square Foot
Selling Price vs Original Listing Price
Inventory / New Listings / Sales
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 June 2010 Selling Price vs Original List Price of
91.1% was up from 87.5% last month and down from
94.0% in June of last year.
Inventory / New Listings / Sales
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
June was 147, down 2.6% from 151 days last month and
up 81.5% from 81 days in June of last year. The June
2010 DOM was at a mid level compared with June of 2009 and 2008.
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 June
2010 Selling Price per Square Foot of $800 was up
14.7% from $697 last month and up 40.0% from 571 in
June of last year.
Selling Price per Square Foot
City: Pebble Beach
218
81
147
0
50
100
150
200
250
300
350
J
07
A S O N D J
08
F 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
Average Days on Market (Listing to Contract) for properties sold during the month
895
571
800
400
600
800
1,000
1,2001,400
1,600
1,800
J
07
A S O N D J
08
F 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
Average Selling Price per Square Foot for properties that sold during the month
92.9%94.0%
91.1%
80%
85%
90%
95%
100%
105%
J
07
A S O N D J
08
F 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
Avg Selling Price divided by Avg Listing Price for sold properties during the month
140 Inventory New Listings Sales
3 Mo Avg
3 Mo Avg
3 Mo Avg
Nicole TruszkowskiCIPS,CLHMS,TRC
831-238-7449
www.estatesofcarmel.com
8/9/2019 Market Action Report - City_ Pebble Beach - Jun2010
http://slidepdf.com/reader/full/market-action-report-city-pebble-beach-jun2010 3/3
June 2010
Price Range: 1,000 to 100,000,000 | Properties: Single Family
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.
Copyright © Sotheby’s International Realty | Price Range: 1,000 to 100,000,000 | Property Types: Single Family
Inventory / Listings / Sales
City: Pebble Beach
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 June 2010 was 24, up 20.0%
from 20 last month and up 41.2% from 17 in June of last year.
Data is provided courtesy of Bay Area Real Estate Information Services, Contra Costa Assoc. of Realtors, Bay East Assoc. of Realtors, East Bay Regional Data, RE Infolink, Metrolist Services Inc., Tahoe Sierra Board of Realtors, San Francisco Assoc. of
1 1 0
1 2 4
1 1 7
1 0 8
9 7
8 9
1 0 0
9 5 9
8
1 0 7
9 8 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 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 9
1 0 4 1
1 0
1 2 8
1 5
2 1
1 1
7 6 5
2 1
1 3
1 4
2 0
1 1
2 2
1 5 1
8 2 1
8 1 1
9
3 0
1 3
1 2
1 8
1 0
1 7
1 1
2 2
1 6 1
9
1 0
7
2 0
1 3
9
2 2
2 0
2 4
9 9
5 4
9
2 6 41
0
6 61
0
5 6 7 7 5 5
7 5 2 4 3
79
1 0
1 3
9
4 61
0
6 41
0 1 0
0
20
40
60
80
100
120
140
J
07
A S O N D J
08
F 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
Inventor New Listin s Sales
Nicole Truszkowski
CIPS,CLHMS,TRC
831-238-7449
www.estatesofcarmel.com
