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MARKET ACTION REPORT  June 2015 City: Pebble Beach Nicole Truszkowski Sales Associate (831) 238-7449 (831) 624-2457 [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 7/1/2012 through 6/30/2015. Due to MLS reporting methods and allowable reporting policy, this data is only informational and may not be completely accurate. Therefore, Sotheby's R esidential Brokerage does not guarantee the data accuracy. Data maintained by the MLS'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 $2,495,000  Average List Price of all Current Listi ngs $4,018,060 June Median Sales Price $1,341,250 $1,378,750 June Average Sales Price $1,861,563 $2,077,999 Total Properties Currently for Sale (Inventory) 67 June Number of Properties Sold 8 56 June Average Days on Market (Solds) 75 117  Asking Price per Square Foot (based on New List ings) $710 $740 June Sold Price per Square Foot $614 $654 June Month's Supply of Inventory 8.4 7.6 June Sale Price vs List Price Ratio 94.8% 94.2%  * LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year / YTD = Year-to-date Property Sales  June Property sales were 8, up 14.3% from 7 in June of 2014 and -33.3% lower than t he 12 sales last month. June 2015 sales were at their highest level compared to June of 2014 and 2013. June YTD sales of 56 are running -11.1% behind last year's year-to-date sales of 63. Prices  The Median Sales Price in June was $1,341,250, up 16.6% from $1,150,000 in June of 2014 and down -36.2% from $2,103,000 last month. The Average Sales Price in June was $1,861,563, up 62.9% from $1, 142,643 in June of 2014 and down -42.0% from $3,207,596 last month. June 2015 ASP was at a mi d range compared to June of 2014 and 2013.

Pebble Beach Real Estate Sales Market Action Report for June 2015

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MARKET ACTION REPORT 

June 2015

City: Pebble BeachNicole Truszkowski

Sales Associate

(831) 238-7449

(831) 624-2457

[email protected]

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

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

Median List Price of all Current Listings $2,495,000

 Average List Price of all Current Listings $4,018,060

June Median Sales Price $1,341,250 $1,378,750

June Average Sales Price $1,861,563 $2,077,999

Total Properties Currently for Sale (Inventory) 67

June Number of Properties Sold 8 56

June Average Days on Market (Solds) 75 117

 Asking Price per Square Foot (based on New Listings) $710 $740

June Sold Price per Square Foot $614 $654

June Month's Supply of Inventory 8.4 7.6

June Sale Price vs List Price Ratio 94.8% 94.2%

 

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

Property Sales June Property sales were 8, up 14.3% from 7 in June of 2014 and -33.3% lower than the 12 sales last month. June 2015 sales were at their highest levelcompared to June of 2014 and 2013. June YTD sales of 56 are running -11.1% behind last year's year-to-date sales of 63.

Prices

8/20/2019 Pebble Beach Real Estate Sales Market Action Report for June 2015

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MARKET ACTION REPORT 

June 2015

City: Pebble BeachNicole Truszkowski

Sales Associate

(831) 238-7449

(831) 624-2457

[email protected]

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

Inventory & MSI The Total Inventory of Properties available for sale as of June was 67, down -2.9% from 69 last month and down -11.8% from 76 in June of last year. June2015 Inventory was at the lowest level compared to June of 2014 and 2013. A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers. The June 2015 MSI of 8.4 months was at its lowest levelcompared with June 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 June was 75, equal to 75 days last monthand up 2.7% from 73 days in June of last year. The June 2015 DOM was at a mid range compared with June of 2014 and 2013.

8/20/2019 Pebble Beach Real Estate Sales Market Action Report for June 2015

http://slidepdf.com/reader/full/pebble-beach-real-estate-sales-market-action-report-for-june-2015 3/4

MARKET ACTION REPORT 

June 2015

City: Pebble BeachNicole Truszkowski

Sales Associate

(831) 238-7449

(831) 624-2457

[email protected]

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

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 June 2015 Selling Price vs List Price of 94.8% was downfrom 95.3% last month and down from 98.4% in June 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 June 2015 was 17, down -22.7% from 22 last monthand up 13.3% from 15 in June of last year.

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MARKET ACTION REPORT 

June 2015

City: Pebble BeachNicole Truszkowski

Sales Associate

(831) 238-7449

(831) 624-2457

[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 7/1/2012 through 6/30/2015. 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.

 

J 12 A S O N 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

Homes Sold   14 8 10 11 12 7 12 7 18 5 10 7 14 10 12 10 6 7 6 14 10 11 15 7 11 8 15 16 6 9 7 8 10 11 12 83 Mo. Roll Avg   11 10 11 10 10 9 12 10 11 7 10 10 12 11 9 8 6 9 10 12 12 11 11 9 11 13 12 10 7 8 8 10 11 10

 (000's) J 12 A S O N 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

MedianSalePrice   1,171 1,560 925 925   1,288 840 920 750   1,263 2,500 785   1,450 1,238 945   2,000 1,105 1,028 2,000 1,918 1,354 1,450 1,350 1,495 1,150 1,650 1,610 1,570 1,288 1,113 890   1,828 1,863 1,297 1,340 2,103 1,341

3 Mo. Roll Avg   1,219 1,137 1,046 1,018 1,016 837 978   1,504 1,516 1,578 1,158 1,211 1,394 1,350 1,378 1,378 1,649 1,757 1,574 1,385 1,432 1,332 1,432 1,470 1,610 1,489 1,323 1,097 1,277 1,527 1,662 1,500 1,580 1,595

 J 12 A S O N 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

Inventory   95 98 90 79 69 60 70 68 65 77 80 89 87 88 85 88 76 68 70 69 64 64 68 76 83 77 71 73 67 60 68 72 69 63 69 67MSI   7 12 9 7 6 9 6 10 4 15 8 13 6 9 7 9 13 10 12 5 6 6 5 11 8 10 5 5 11 7 10 9 7 6 6 8

 J 12 A S O N 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

Days On Market   142 67 1 26 159 141 136 1 32 60 91 65 201 1 31 35 1 13 86 91 89 1 65 1 26 104 160 148 1 50 73 81 88 100 91 1 30 43 124 174 1 17 1 49 75 753 Mo. Roll Avg   112 117 142 145 136 109 94 72 119 132 122 93 78 97 89 115 127 132 130 137 153 124 101 81 90 93 107 88 99 114 138 147 114 100

 J 12 A S O N 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

Price per Sq Ft   486 603 394 417 508 545 467 417 478 601 458 691 525 584 691 562 531 656 695 638 496 576 759 428 623 578 657 988 455 599 719 735 507 560 813 6143 Mo. Roll Avg   494 471 440 490 507 476 454 499 512 583 558 600 600 612 595 583 627 663 610 570 610 588 603 543 619 741 700 681 591 684 654 601 627 662

 J 12 A S O N 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

Sale to List Price   0.939 0.931 0.965 0.960 0.936 0.904 0.949 0.940 0.915 0.984 0.974 0.950 0.978 0.966 0.915 0.940 0.966 0.926 0.934 0.939 0.900 0.930 0.949 0.984 0.946 0.945 0.951 0.917 0.969 0.955 0.937 0.955 0.985 0.943 0.953 0.948

3 Mo. Roll Avg   0.945 0.952 0.954 0.933 0.930 0.931 0.935 0.946 0.958 0.969 0.967 0.965 0.953 0.940 0.940 0.944 0.942 0.933 0.924 0.923 0.926 0.954 0.960 0.958 0.947 0.938 0.946 0.947 0.954 0.949 0.959 0.961 0.960 0.948

 J 12 A S O N 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

New Listings   15 17 13 5 9 7 27 19 16 22 21 19 18 14 9 11 10 6 21 12 15 13 17 15 23 18 12 14 15 9 20 21 16 11 22 17Inventory   95 98 90 79 69 60 70 68 65 77 80 89 87 88 85 88 76 68 70 69 64 64 68 76 83 77 71 73 67 60 68 72 69 63 69 67Sales   14 8 10 11 12 7 12 7 18 5 10 7 14 10 12 10 6 7 6 14 10 11 15 7 11 8 15 16 6 9 7 8 10 11 12 8

 (000's) J 12 A S O N 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

Avg Sale Price   1,513 2,814 1,369 1,066 2,078 1,361 1,237 865   1,522 2,780 2,141 1,880 1,552 2,361 2,582 1,353 1,068 2,310 2,420 2,878 1,639 1,591 2,982 1,143 1,864 1,654 2,621 3,948 1,067 1,251 1,946 2,316 1,474 1,463 3,208 1,862

3 Mo. Roll Avg   1,899 1,749 1,504 1,502 1,559 1,154 1,208 1,722 2,148 2,267 1,858 1,931 2,165 2,099 1,667 1,577 1,932 2,536 2,312 2,036 2,070 1,905 1,996 1,554 2,046 2,741 2,545 2,089 1,421 1,838 1,912 1,751 2,048 2,177