May 2012
Nicole Truszkowski
Broker Associate 831-238-7449
website: www.estatesofcarmel.com email: nicole@estatesfocarmel.com
City: Monterey
Price Range: All | Properties: Single Family - Condo - TwnHm
Trending versus*:
Trending versus*:
LY
Month
$595,000 $747,303 $352,500 $471,109 59 25 59 $359 $296 2.4 98.5%
LM
L3M PYM
YTD
Prior YTD
Prior Year
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2011) / YTD = Year-to-date | Arrows indicate if Month / YTD values are higher (up), lower (down) or unchanged (flat)
Property Sales
May Property sales were 25, equal to 25 in May of 2011 and the same as the 25 sales last month. May 2012 sales were at their highest level compared to May of 2011 and 2010. May YTD sales of 111 are running 37.0% ahead of last year's year-to-date sales of 81.
35 30 25 20 15 10 0 5
J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M 09 10 11 12
Prices
The Median Sales Price in May was $352,500, down 16.1% from $420,000 in May of 2011 and down 16.1% from $420,000 last month. The Average Sales Price in May was $471,109, down 6.5% from $503,871 in May of 2011 and up 11.2% from $423,620 last month. May 2012 ASP was at the lowest level compared to May of 2011 and 2010.
(000's)
127 109 98 101 111 114 108 111 122 122 131 128 147 139 137 139 145 136 129 126 124 125 118 121 119 118 109 113 114 108 88
74 83 74 71 59
A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers. The May 2012 MSI of 2.4 months was at its lowest level compared with May of 2011 and 2010.
Copyright Sothebys International Realty | Price Range: All | Property Types: Single Family - Condo - TwnHm
Data is provided courtesy of MLS Listings Inc. and may not reflect all relevant real estate activity. Sothebys International Realty does 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.
14 19 21 14 20 9 18 12 8 13 19 17 22 15 13 17 12 14 21 8 18 16 14 25 30 14 22 21 13 15 23 17 24 20 25 25
J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M 09 10 11 12
18 16 14 12 10 8 6 4 2 0
J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M 09 10 11 12
May 2012
Nicole Truszkowski
Broker Associate 831-238-7449
website: www.estatesofcarmel.com email: nicole@estatesfocarmel.com
City: Monterey
Price Range: All | Properties: Single Family - Condo - TwnHm
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 a move towards more of a Buyer's market, a downward trend a move towards more of a Seller's market. The DOM for May was 59, down 30.6% from 85 days last month and down 53.2% from 126 days in May of last year. The May 2012 DOM was at its lowest level compared with May of 2011 and 2010. 140 120 100 80 60 40 20 0
Average Days on Market (Listing to Contract) for properties sold during the month
3 Mo Avg
126 93 59
J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M 09 10 11 12
Average Selling Price per Square Foot for properties that sold during the month
3 Mo Avg
354
324 296
J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M 09 10 11 12
104% 102% 100% 98% 96% 94% 92% 90% J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M 09 10 11 12 95.5% 96.6% 98.5%
Inventory
New Listings
Sales
127 109 98 101 111 114 108 111 122 122 131 128 147 139 137 139 145 136 129 126 124 125 118 121 119 118 109 113 114 108 88
74 83 74 71 59
J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M 09 10 11 12
Copyright Sothebys International Realty | Price Range: All | Property Types: Single Family - Condo - TwnHm
Data is provided courtesy of MLS Listings Inc. and may not reflect all relevant real estate activity. Sothebys International Realty does 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.
May 2012
Nicole Truszkowski Broker Associate 831-238-7449
website: www.estatesofcarmel.com email: nicole@estatesfocarmel.com
City: Monterey
Price Range: All | Properties: Single Family - Condo - TwnHm
Inventory
139 137 139 145 136
New Listings
Sales
140
131 127 128 122 122
129
126
124
121
118
119
120 100 80 60 40
125
118
114
111
109
111
109
113
114
101
98
108
108 88
74
83 74
71 A 59 M
41
36
36
36
34
34
25 24 30 33
32
29
32
28
28
29
28
28
27
35
24 22 22 21 27
27
19 14 21
20
22 24
15 18
19
20
20
14
17
17
18
14
14
13
14
14
13
12
12
0
J 09 J A S O N D J 10 F M A M J J A S O N D J 11 F M A M J J A S O N D J 12 F M
Copyright Sothebys International Realty | Price Range: All | Property Types: Single Family - Condo - TwnHm
Data is provided courtesy of MLS Listings Inc. and may not reflect all relevant real estate activity. Sothebys International Realty does not warrant or guarantee does 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.
13
15 17
15
16
17
24 25 20 26 25 26 25
25
21 21 25
25
23 25
40