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