Top Banner
June 2010 Price Range: Below 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 3% -5%  Average List Price of all Current Listings 2% 2% June Median Sales Price 42% 39% 16% 36% -11% -4% June Average Sales Price 37% 35% 33% 20% -16% -8% Total Properties Currently for Sale (Inventory) 4% 2% June Number of Properties Sold -20% 50% 40% June Average Days on Market (Solds) -40% -24% -28% -26% 6% 1%  Asking Price per Square Foot (based on New Listings) -2% -2% -15% -11% -14% -9% June Sold Price per Square Foot 46% 22% 10% 14% -13% -7% June Month's Supply of Inventory 29% 13% -32% -1% -38% -18% June Sale Price vs List Price Ratio -2.1% 1.6% -2.7% 2.8% 2.2% 2.4% Property Sales Prices Inventory & MSI The Total Inventory of Properties available for sale as of June was 204, up 3.6% from 197 last month and up 2.0% from 200 in June of las t year. June 2010 Inventory was at its highest level compared with June of 2009 and 2008. The Median Sales Price in June was $1,627,500, up 16.5% from $1,397,500 in June of 2009 and up 41.5% from $1,150,000 last month. The Average Sales Price in June was $1,837,083, up 33.4% from $1,377,000 in June of 2009 and up 37.2% from $1,339,117 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 12, up 50.0% from 8 in June of 2009 and 20.0% lower than the 15 sales last month. June 2010 sales were at a mid level compared to June o f 2009 and 2008. June YTD sales of 73 are running 40.4% ahead of last year's  year-to-date sales of 52. $835 90.9% $853 $753 14.1 Copyright © Sotheby’s In ternational Real ty | Price Range: Below 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 17.0 months was at a mid level compared with June of 2009 and 2008. 17.0 Month YTD 137 $1,150,000 $1,399,860 12 $919 101 Trending versus*: 73  City: Carmel Median Sales Price and  Average Sales Price MARKET ACTION REPORT 91.3% $1,492,000 $2,153,524 $1,627,500 $1,837,083 204         1         7         2         0         1         0         1         4         1         4 1         5         9         1         5         8         2         0         1         1         1         0         1         3 1         4         1         6         6         7 7         1         2         1         2         7         6         1         5         1         9         1         4         2         2         1         1         1         3         9 1         0         1         6         1         1         1         5         1         9         8         1         2 0 5 10 15 20 25 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 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         2         0         4         2         1         0         2         1         2         2         0         7         1         9         4         1         6         7         1         6         0         1         6         6         1         6         5 1         8         1         1         7         7         1         7         6 1         9         1         1         7         1         1         6         4         1         6         1         1         6         3         1         4         9 1         6         5        1         7         9        1         9         3         1         9         9         2         0         1         1         9         4         1         8         3         1         7         2         1         5         9         1         3         8         1         3         0 1         5         0         1         5         3        1         6         7         1         9         7         2         0         4         2         0         0         1         8         2 0 50 100 150 200 250 J 07 ASONDJ 08 FMA MJ JA SONDJ 09 FM AMJ JASONDJ 10 FMAMJ 0 5 10 15 20 25 30 35 (000's) 3 Mo Avg 3 Mo Avg Nicole Truszkowski CIPS,CLHMS,TRC [email protected] 831-238-7449  www.estatesofcarmel.com
3

Market Action Report - City_ Carmel - Jun2010

May 29, 2018

Download

Documents

Welcome message from author
This document is posted to help you gain knowledge. Please leave a comment to let me know what you think about it! Share it to your friends and learn new things together.
Transcript
Page 1: Market Action Report - City_ Carmel - Jun2010

8/9/2019 Market Action Report - City_ Carmel - Jun2010

http://slidepdf.com/reader/full/market-action-report-city-carmel-jun2010 1/3

June 2010

Price Range: Below 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 3% -5%

 Average List Price of all Current Listings 2% 2%

June Median Sales Price 42% 39% 16% 36% -11% -4%

June Average Sales Price 37% 35% 33% 20% -16% -8%

Total Properties Currently for Sale (Inventory) 4% 2%

June Number of Properties Sold -20% 50% 40%

June Average Days on Market (Solds) - 40 % - 24 % - 28% -2 6% 6% 1%

 Asking Price per Square Foot (based on New Listings) -2% -2% -15% -11% -14% -9%

June Sold Price per Square Foot 46% 22% 10% 14% -13% -7%

June Month's Supply of Inventory  29% 13% -32% -1% -38% -18%

June Sale Price vs List Price Ratio -2.1% 1.6% -2.7% 2.8% 2.2% 2.4%

Property Sales

Prices

Inventory & MSIThe Total Inventory of Properties available for sale as of

The Median Sales Price in June was $1,627,500, up

16.5% from $1,397,500 in June of 2009 and up

41.5% from $1,150,000 last month. The Average

Sales Price in June was $1,837,083, up 33.4% from

$1,377,000 in June of 2009 and up 37.2% from

$1,339,117 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 12, up 50.0% from 8 inJune of 2009 and 20.0% lower than the 15 sales last

month. June 2010 sales were at a mid level

compared to June of 2009 and 2008. June YTD

sales of 73 are running 40.4% ahead of last year's

 year-to-date sales of 52.

$835

90.9%

$853

$753

14.1

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

17.0

Month YTD

137

$1,150,000

$1,399,860

12

$919

101

Trending versus*:

73

 City: Carmel 

Median Sales Price and  Average Sales Price

MARKET ACTION REPORT

91.3%

$1,492,000

$2,153,524

$1,627,500

$1,837,083

204

        1        7

        2        0

        1        0

        1        4

        1        4 1

        5

        9

        1        5

        8

        2        0

        1        1

        1        0

        1        3 1

        4        1        6

        6                7 7

        1        2

        1        2

        7        6

        1        5

        1        9

        1        4

        2        2

        1        1

        1        3

        9 1        0

        1        6

        1        1

        1        5

        1        9

        8

        1        2

0

5

10

15

20

25

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

800

1,300

1,800

2,300

2,800

3,300

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 Pace250 35

(000's)

3 Mo Avg

3 Mo Avg

Nicole TruszkowskiCIPS,CLHMS,TRC

[email protected]

831-238-7449

 www.estatesofcarmel.com

Page 2: Market Action Report - City_ Carmel - Jun2010

8/9/2019 Market Action Report - City_ Carmel - Jun2010

http://slidepdf.com/reader/full/market-action-report-city-carmel-jun2010 2/3

June 2010

Price Range: Below 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 

91.3% was down from 93.3% last month and down from

93.8% 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 101, down 39.9% from 168 days last month

and down 28.4% from 141 days in June of last year. The

June 2010 DOM was at its lowest level compared withJune 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 $919 was up

45.7% from $631 last month and up 10.2% from 834 in

June of last year.

Selling Price per Square Foot

 City: Carmel 

137 141

101

50

70

90

110

130

150

170

190

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

1092

834

919

600

700

800

900

1,000

1,100

1,200

1,300

1,400

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

92.2%

93.8%

91.3%

80%

82%84%

86%

88%

90%

92%

94%

96%

98%

100%

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

250 Inventory New Listings Sales

3 Mo Avg

3 Mo Avg

3 Mo Avg

Nicole TruszkowskiCIPS,CLHMS,TRC

[email protected]

831-238-7449

 www.estatesofcarmel.com

Page 3: Market Action Report - City_ Carmel - Jun2010

8/9/2019 Market Action Report - City_ Carmel - Jun2010

http://slidepdf.com/reader/full/market-action-report-city-carmel-jun2010 3/3

June 2010

Price Range: Below 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: Below to 100,000,000 | Property Types: Single Family

Inventory / Listings / Sales

 City: Carmel 

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 40, down

25.9% from 54 last month and up 42.9% from 28 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 

        2        0       4

        2       1        0

        2       1        2

        2        0       7

       1        9       4

       1        6       7

       1        6        0

       1        6        6

       1        6       5

       1        8       1

       1       7       7

       1       7        6

       1        9       1

       1       7       1

       1        6       4

       1        6       1

       1        6        3

       1       4        9

       1        6       5

1       7        9

1        9        3

       1        9        9

        2        0       1

       1        9       4

       1        8

        3

       1       7        2

       1       5        9

       1        3        8

       1        3        0

       1       5        0

       1       5        3

1        6       7

       1        9       7

       1        8

        2

        2        0        0

        2        0       4

        4        9

        3        6

        2        7 3

        3

        2        0

        1        1

        3        2

        2        8

        2        9

        4        4

        2        3

        3        5

        2        7         3

        0

        1        6

        2        8

        2        2

        2        2 2

        6        3        5

        2        6

        4        1

        3        1

        2        8

        3        7

        2        7

        2        2         2

        5

        1        5

        1        3 2

        1

        4        1

        3        2

        4        2

        5        4

        4        0

        1        7         2

        0

        1        0

        1        4

        1        4

        1        5

        9 1        5

        8        2        0

        1        1 1

        9

        1        0

        1        3

        1        4

        1        6

                6 7 7 1        2

        1        2

                7 6 81        5 1

        9

        1        4

2        2

        1        1

        1        3

                9 1        0

        1        6

        1        1

        1        5

        1        2

0

50

100

150

200

250

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

[email protected]

831-238-7449

 www.estatesofcarmel.com