Carmel Highlands Real Estate Sales Market Report for October 2015

MARKET ACTION REPORT

October 2015City: CarmelHighlands

Nicole TruszkowskiSales Associate(831) 238-7449(831) [email protected]

Price Range: $0 to $999,999,000 | Properties: Single Family Home, Townhome, Condo

Sotheby's International Realty® is a registered trademark licensed to Sotheby's International Realty Affiliates LLC. Operated by Sotheby's International Realty, Inc.

Based on information from MLSListings, Inc for the period 11/1/2012 through 10/31/2015. Due to MLS reporting methods and allowable reporting policy, this data isonly informational and may not be completely accurate. Therefore, Sotheby's Residential Brokerage does not guarantee the data accuracy. Data maintained by theMLS's may not reflect all real estate activity in the market.

Trending Versus*: Trending Versus*:Market Profile & Trends Overview Month LM L3M PYM LY YTD PriorYTD PriorYear

Median List Price of all Current Listings $3,495,000 Average List Price of all Current Listings $4,497,814 October Median Sales Price $3,062,500 $2,887,500October Average Sales Price $3,062,500 $3,529,107Total Properties Currently for Sale (Inventory) 7 October Number of Properties Sold 2 14October Average Days on Market (Solds) 418 267Asking Price per Square Foot (based on New Listings) $794 $1,205October Sold Price per Square Foot $1,172 $1,048October Month's Supply of Inventory 3.5 4.2October Sale Price vs List Price Ratio 92.5% 89.9%

* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year / YTD = Year-to-date

Property Sales October Property sales were 2, equal to 0 in October of 2014 and 100.0% higher than the 1 sales last month. October 2015 sales were at their highest level compared to October of 2014 and 2013. October YTD sales of 14 are running 180.0% ahead of last year's year-to-date sales of 5.

Prices The Median Sales Price in October was $3,062,500, equal to $0 in October of 2014 and down -12.5% from $3,500,000 last month. The Average Sales Price inOctober was $3,062,500, equal to $0 in October of 2014 and down -12.5% from $3,500,000 last month. October 2015 ASP was at a mid range compared toOctober of 2014 and 2013.







Inventory & MSI The Total Inventory of Properties available for sale as of October was 7, down -22.2% from 9 last month and down -56.3% from 16 in October of last year. October 2015 Inventory was at the lowest level compared to October of 2014 and 2013. A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers. The October 2015 MSI of 3.5 months was at a mid rangecompared with October of 2014 and 2013.

Market Time 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 amove towards more of a Buyer's market, a downward trend a move towards more of a Seller's market. The DOM for October was 418, up 234.4% from 125days last month and equal to 0 days in October of last year. The October 2015 DOM was at its highest level compared with October of 2014 and 2013.

Selling Price per Square Foot 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 impactedby 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 October 2015 Selling Price per Square Foot of $1,172 was up 21.2% from $967 last month and equal to $0 in October of last year.







Selling Price vs Listing Price The Selling Price vs Listing Price reveals the average amount that Sellers are agreeing to come down from their 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 October 2015 Selling Price vs List Price of 92.5% wasdown from 95.2% last month and equal to 0.0% in October of last year.

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 basic annualseasonality of the market as well as the relationship between these items. The number of New Listings in October 2015 was 1, equal to 0 last month and equalto 1 in October of last year.


October 2015

City: Carmel HighlandsNicole TruszkowskiSales Associate(831) 238-7449(831) [email protected]



Based on information from MLSListings, Inc for the period 11/1/2012 through 10/31/2015. Due to MLS reporting methods and allowable reporting policy, this data is only informational and may not be completely accurate. Therefore, Sotheby's Residential Brokerage does not guarantee the data accuracy. Data maintained by the MLS's may not reflect all real estate activity in the market.

N 12 D J 13 F M A M J J A S O N D J 14 F M A M J J A S O N D J 15 F M A M J J A S O

Homes Sold 1 2 1 0 1 0 3 1 1 0 1 1 1 1 0 0 1 1 1 1 0 1 0 0 1 1 1 2 3 0 0 3 0 2 1 23 Mo. Roll Avg 1 1 1 0 1 1 2 1 1 1 1 1 1 0 0 1 1 1 1 1 0 0 0 1 1 1 2 2 1 1 1 2 1 2

(000's) N 12 D J 13 F M A M J J A S O N D J 14 F M A M J J A S O N D J 15 F M A M J J A S OMedianSalePrice 4,850 798 1,150 0 1,200 0 2,750 765 2,525 0 2,475 4,500 1,205 1,050 0 0 6,700 1,488 3,200 2,744 0 900 0 0 7,289 2,000 1,650 1,595 1,750 0 0 2,925 0 5,981 3,500 3,063

3 Mo. Roll Avg 2,266 649 783 400 1,317 1,172 2,013 1,097 1,667 2,325 2,727 2,252 752 350 2,233 2,729 3,796 2,477 1,981 1,215 300 300 2,430 3,096 3,646 1,748 1,665 1,115 583 975 975 2,969 3,160 4,181


Inventory 11 10 13 11 12 12 9 9 8 6 7 9 10 10 11 14 12 13 13 13 13 15 16 16 14 13 12 10 13 11 9 9 11 11 9 7MSI 11 5 13 0 12 0 3 9 8 0 7 9 10 10 0 0 12 13 13 13 0 15 0 0 14 13 12 5 4 0 0 3 0 6 9 4

N 12 D J 13 F M A M J J A S O N D J 14 F M A M J J A S O N D J 15 F M A M J J A S ODays On Market 241 55 237 0 14 0 219 129 30 0 515 118 21 6 0 0 345 103 801 333 0 13 0 0 297 48 0 155 313 0 0 360 0 224 125 4183 Mo. Roll Avg 178 97 84 5 78 116 126 53 182 211 218 48 9 2 115 149 416 412 378 115 4 4 99 115 115 68 156 156 104 120 120 195 116 256

N 12 D J 13 F M A M J J A S O N D J 14 F M A M J J A S O N D J 15 F M A M J J A S OPrice per Sq Ft 1,370 278 442 0 358 0 888 360 770 0 1,092 1,737 504 502 0 0 1,360 445 1,717 543 0 536 0 0 1,139 457 461 470 1,177 0 0 811 0 1,996 967 1,172

3 Mo. Roll Avg 697 240 267 119 415 416 673 377 621 943 1,111 914 335 167 453 602 1,174 902 753 360 179 179 380 532 686 463 703 549 392 270 270 936 988 1,378


Sale to List Price 0.815 0.973 0.959 0.000 0.960 0.000 0.919 1.020 1.042 0.000 0.826 0.820 0.942 0.879 0.000 0.000 0.958 0.930 0.916 0.916 0.000 0.720 0.000 0.000 0.917 0.769 0.827 0.975 0.884 0.000 0.000 0.885 0.000 0.938 0.952 0.925

3 Mo. Roll Avg 0.916 0.644 0.640 0.320 0.626 0.646 0.994 0.687 0.623 0.549 0.863 0.880 0.607 0.293 0.319 0.629 0.935 0.921 0.611 0.545 0.240 0.240 0.306 0.562 0.838 0.857 0.895 0.620 0.295 0.295 0.295 0.608 0.630 0.938


New Listings 0 1 6 0 1 2 1 0 1 0 2 3 1 1 3 3 0 2 0 2 1 2 1 1 1 0 1 2 3 0 1 1 2 2 0 1Inventory 11 10 13 11 12 12 9 9 8 6 7 9 10 10 11 14 12 13 13 13 13 15 16 16 14 13 12 10 13 11 9 9 11 11 9 7Sales 1 2 1 0 1 0 3 1 1 0 1 1 1 1 0 0 1 1 1 1 0 1 0 0 1 1 1 2 3 0 0 3 0 2 1 2

(000's) N 12 D J 13 F M A M J J A S O N D J 14 F M A M J J A S O N D J 15 F M A M J J A S OAvg Sale Price 4,850 798 1,150 0 1,200 0 2,592 765 2,525 0 2,475 4,500 1,205 1,050 0 0 6,700 1,488 3,200 2,744 0 900 0 0 7,289 2,000 1,650 1,595 3,852 0 0 3,808 0 5,981 3,500 3,063

3 Mo. Roll Avg 2,266 649 783 400 1,264 1,119 1,961 1,097 1,667 2,325 2,727 2,252 752 350 2,233 2,729 3,796 2,477 1,981 1,215 300 300 2,430 3,096 3,646 1,748 2,366 1,816 1,284 1,269 1,269 3,263 3,160 4,181

Carmel Highlands Real Estate Sales Market Report for October 2015

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