-
8/9/2019 Market Action Report Pacific Grove July 2010
1/3
July 2010
Price Range: All | Properties: Single Family
Market Profile & Trends Overview LM L3M PYM LY Prior YTD
Prior Year
Median List Price of all Current Listings
Average List Price of all Current Listings
July Median Sales Price
July Average Sales Price
Total Properties Currently for Sale (Inventory)
July Number of Properties Sold
July Average Days on Market (Solds)
Asking Price per Square Foot (based on New Listings)
July Sold Price per Square Foot
July Month's Supply of Inventory
July Sale Price vs List Price Ratio
Property Sales
July Property sales were 9, down 25.0% from 12 inJuly of 2009
and 47.1% lower than the 17 sales last
month. July 2010 sales were at a mid level
compared to July of 2009 and 2008. July YTD sales
of 82 are running 54.7% ahead of last year's year-to-
date sales of 53.
10.9 8.0
93.6% 93.3%* 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
27 81
$568 $528
$458 $469
$655,667 $716,125
98
9 82
$772,000
$952,433
$635,000 $630,000
MARKET ACTION REPORT
City: Pacific Grove
Trending versus*: Trending versus*:
Month YTD
8
9 9
6 6 6 6
5
6
7
9
7
16
11
6
8
9
7
3
11
7
5
8
12
10
14
18
14
9 10
7 7
17
15
17
9
0
2
4
6
8
1012
1416
18
20
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 J J
3 Mo Avg
Nicole Truszkowski
CIPS,CLHMS,TRC
[email protected]
831-238-7449
www.estatesofcarmel.com
Prices
Inventory & MSIThe Total Inventory of Properties available
for sale as of
Median Sales Price andAverage Sales Price
The Median Sales Price in July was $635,000, up
8.6% from $584,500 in July of 2009 and up 1.9%
from $623,000 last month. The Average Sales Price
in July was $655,667, up 12.1% from $585,083 in
July of 2009 and down 21.1% from $830,500 last
month. July 2010 ASP was at a mid range
compared to July of 2009 and 2008.
Total Inventory &Month's Supply of Inventory (MSI)
8
9 9
6 6 6 6
5
6
7
9
7
16
11
6
8
9
7
3
11
7
5
8
12
10
14
18
14
9 10
7 7
17
15
17
9
0
2
4
6
8
1012
1416
18
20
A07
S O N D J08
F M A M J J A S O N D J09
F M A M J J A S O N D J10
F M A M J J
500600
700
800
900
1,000
1,100
1,200
A07
S O N D J08
F M A M J J A S O N D J09
F M A M J J A S O N D J10
F M A M J 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 Pace30140
(000's)
3 Mo Avg
3 Mo Avg
Nicole Truszkowski
CIPS,CLHMS,TRC
[email protected]
831-238-7449
www.estatesofcarmel.com
-
8/9/2019 Market Action Report Pacific Grove July 2010
2/3
July 2010
Price Range: All | Properties: Single Family
Market Time
Selling Price per Square FootThe 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 July
2010 Selling Price per Square Foot of $458 was down
6.0% from $487 last month and down 2.3% from 469 in
July of last year.
MARKET ACTION REPORT
City: Pacific Grove
Days On Market for Sold Properties
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 July was 27, down 73.3% from 101 days last
month and down 85.6% from 187 days in July of last
year. The July 2010 DOM was at its lowest levelcompared with
July of 2009 and 2008.
Selling Price per Square Foot
124
187
27
0
50
100
150
200
250
A07
S O N D J08
F M A M J J A S O N D J09
F M A M J J A S O N D J10
F M A M J J
Average Days on Market (Listing to Contract) for properties sold
during the month
627
469 458
400
450
500
550
600
650700
750
800
850
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 J J
Average Selling Price per Square Foot for properties that sold
during the month
3 Mo Avg
3 Mo Avg
Nicole Truszkowski
CIPS,CLHMS,TRC
[email protected]
831-238-7449
www.estatesofcarmel.com
Selling Price vs Original Listing Price
Inventory / New Listings / Sales
Selling Price versus Listing Price Ratio
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 July 2010 Selling Price vs Original List Price of
93.6% was down from 93.7% last month and down from
94.4% in July of last year.
Inventory / New Listings / Sales
124
187
27
0
50
100
150
200
250
A07
S O N D J08
F M A M J J A S O N D J09
F M A M J J A S O N D J10
F M A M J J
Average Days on Market (Listing to Contract) for properties sold
during the month
627
469 458
400
450
500
550
600
650700
750
800
850
A07
S O N D J08
F M A M J J A S O N D J09
F M A M J J A S O N D J10
F M A M J J
Average Selling Price per Square Foot for properties that sold
during the month
90.3%
94.4%93.6%
90%
92%
94%
96%
98%
100%
102%
104%
A07
S O N D J08
F M A M J J A S O N D J09
F M A M J J A S O N D J10
F M A M J 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 Truszkowski
CIPS,CLHMS,TRC
[email protected]
831-238-7449
www.estatesofcarmel.com
-
8/9/2019 Market Action Report Pacific Grove July 2010
3/3
July 2010
Price Range: All | Properties: Single Family
Inventory / Listings / Sales
City: Pacific Grove
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
July 2010 was 21, down
34.4% from 32 last month and up 10.5% from 19 in July of last
year.
115
11
11
114
121
0 9 0
120
140 Inventory New Listings Sales
Nicole Truszkowski
CIPS,CLHMS,TRC
[email protected]
831-238-7449
www.estatesofcarmel.com
Copyright Sothebys International Realty | Price Range: All |
Property Types: Single FamilyData 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
he 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.
115
111
101
94
91
90 9
3
10
41
11
114
121
110
109
110
100
93
79
71
80 8
3 86 9
0
83
90
82
80
76
64
59
65
81
77 7
985
100
98
21
13 1
5
10
19
13 1
5
26
24
20
27
20
16
22
19
16
71
3
26
18
12
21
15
19
20
14
15
16
14
22
28
20
26
26
32
21
8 9 9 6 6 6 6 5 6 7 9 7
16
11
6 89 7 3 11
7 5 812
10 1
41
8
14
9 10
7 7
17
15 1
7
9
0
20
40
60
80
100
120
140
A
07
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 J
Inventory New Listings Sales
Nicole Truszkowski
CIPS,CLHMS,TRC
[email protected]
831-238-7449
www.estatesofcarmel.com
