Carmel Highlands Homes Market Action Report for Real Estate Sales October 2011
3
October 2011 Price Range: All | Properties: Single Family - Condo - TwnHm Market Profile & Trends Overview LM L3M PYM LY Pr ior YTD Pri or Ye ar Median List Price of all Current Listings Average List Price of all Current Listings October Median Sales Price October Average Sales Price Total Properties Currently for Sale (Inventory) October Number of Properties Sold October Average Days on Market (Solds) Asking Price per Square Foot (based on New Listings) October Sold Price per Square Foot October Month's Supply of Inventory October Sale Price vs List Price Ratio Property Sales October Property sales were 0, down 100.0% from 1 in October of 2010 and higher than the 0 sales last month. October 2011 sales were at their lowest level compared to October of 2010 and 2009. October YTD sales of 9 are running 10.0% behind last year's year-to-date sales of 10. 0.0 17.2 0.0% 87.8% * LM=Last Month / L3M=Last 3 Months / PYM=Sa me Month Prior Year / LY=Last Year (2010) / YTD = Year-to-date | Arrows indicate if Month / YTD values are highe r (up), lower (down) or unchanged (flat) Number of Properties Sold 0 241 $421 $934 $0 $578 $0 $2,193,056 28 0 9 $2,987,500 $3,545,818 $0 $1,475,000 MARKET ACTION REPORT City: Carmel Highlands Trending versus*: Trending versus*: Month YTD 0 0 1 0 2 2 0 1 1 0 1 2 0 2 1 0 2 0 1 2 2 0 1 1 1 2 0 0 2 2 0 1 2 2 0 0 0 1 1 2 2 3 N D J FMAMJ J ASOND J FMAMJ J ASOND J FMAMJ J ASO 3 Mo Avg Nicole Truszkowski CIPS, CLHMS, TRC, Broker Associate [email protected] 831-238-7449 www.EstatesofCarmel.com Prices Inventory & MSI The Total Inventory of Properties available for sale as of October was 28, down 17.6% from 34 last month and down 17.6% from 34 in October of last year. October 2011 Inventory was at its lowest level compared with October of 2010 and 2009. Data is provided courtesy of MLS Listings Inc. and may not reflect all relevant real estate activity. Sotheby’s Interna tional 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 consumer’s real estate transaction Median Sales Price and Average Sales Price The Median Sales Price in October was $0, down 100.0% from $660,000 in October of 2010 and up from $0 last month. The Average Sales Price in October was $0, down 100.0% from $660,000 in October of 2010 and up from $0 last month. October 2011 ASP was at a mid range compared to October of 2010 and 2009. Total Inventory & Month's Supply of Inventory (MSI) A comparatively lower MSI is more beneficial for sellers while a higher MSI is better fo r buyers. The October 2011 MSI of 0.0 months was at a mid level compared with October of 2010 and 2009. Copyright © Sotheby’s Interna tional Rea lty | Price Rang e: All | Property Types: Single Family - Condo - TwnHm 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 N 08 D J 09 FMA MJ JA SON DJ 10 FM AMJ J ASONDJ 11 FM A MJ JASO 400 900 1,400 1,900 2,400 2,900 3,400 3,900 4,400 4,900 N 08 D J 09 FMA MJ J ASON DJ 10 FMA MJ J ASON DJ 11 FM AM J J ASO 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 7 7 9 1 1 1 1 1 2 1 5 2 0 2 4 2 7 3 1 3 2 3 2 2 9 3 1 3 3 3 2 3 3 3 7 4 1 4 0 4 0 3 8 3 4 3 4 3 3 2 9 3 1 3 0 3 0 3 0 2 9 2 5 2 9 3 4 2 8 0 5 10 15 20 25 30 35 40 0 5 10 15 20 25 30 35 40 45 N 08 D J 09 FM AMJ JASONDJ 10 FM AMJJ ASO NDJ 11 FMAMJ JASO (000's) 3 Mo Avg
-
Upload
nicole-truszkowski -
Category
Documents
-
view
218 -
download
0
Transcript of Carmel Highlands Homes Market Action Report for Real Estate Sales October 2011
8/3/2019 Carmel Highlands Homes Market Action Report for Real Estate Sales October 2011
http://slidepdf.com/reader/full/carmel-highlands-homes-market-action-report-for-real-estate-sales-october-2011 1/3
October 2011
Price Range: All | Properties: Single Family - Condo - TwnHm
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
October Median Sales Price
October Average Sales Price
Total Properties Currently for Sale (Inventory)
October Number of Properties Sold
October Average Days on Market (Solds)
Asking Price per Square Foot (based on New Listings)
October Sold Price per Square Foot
October Month's Supply of Inventory
October Sale Price vs List Price Ratio
Property Sales
October Property sales were 0, down 100.0% from 1in October of 2010 and higher than the 0 sales last
month. October 2011 sales were at their lowest level
compared to October of 2010 and 2009. October
YTD sales of 9 are running 10.0% behind last year's
year-to-date sales of 10.
0.0 17.2
0.0% 87.8%* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2010) / YTD = Year-to-date | Arrows indicate if Month / YTD values are higher (up), lower (down) or unchanged (flat)
Number of Properties Sold
0 241
$421 $934
$0 $578
$0 $2,193,056
28
0 9
$2,987,500
$3,545,818
$0 $1,475,000
MARKET ACTION REPORT
City: Carmel Highlands
Trending versus*: Trending versus*:
Month YTD
0 0
1
0
2 2
0
1 1
0
1
2
0
2
1
0
2
0
1
2 2
0
1 1 1
2
0 0
2 2
0
1
2 2
0 0
0
1
1
2
2
3
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 A S O
3 Mo Avg
Nicole Truszkowski
CIPS, CLHMS, TRC, Broker Associate
831-238-7449
www.EstatesofCarmel.com
Prices
Inventory & MSIThe Total Inventory of Properties available for sale as of
b d f l h d
Median Sales Price and Average Sales Price
The Median Sales Price in October was $0, down
100.0% from $660,000 in October of 2010 and up
from $0 last month. The Average Sales Price in
October was $0, down 100.0% from $660,000 inOctober of 2010 and up from $0 last month.
October 2011 ASP was at a mid range compared to
October of 2010 and 2009.
Total Inventory & Month's Supply of Inventory (MSI)
0 0 0 0 0 0 0 0 0 0 0 0 00
0
1
N08
D J09
F M A M J J A S O N D J10
F M A M J J A S O N D J11
F M A M J J A S O
400
900
1,400
1,900
2,400
2,900
3,400
3,900
4,400
4,900
N08
D J09
F M A M J J A S O N D J10
F M A M J J A S O N D J11
F M A M J J A S O
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
35
40
40
45
(000's)3 Mo Avg
8/3/2019 Carmel Highlands Homes Market Action Report for Real Estate Sales October 2011
http://slidepdf.com/reader/full/carmel-highlands-homes-market-action-report-for-real-estate-sales-october-2011 2/3
October 2011
Price Range: All | Properties: Single Family - Condo - TwnHm
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
October 2011 Selling Price per Square Foot of $0 was up
from $0 last month and down 100.0% from 463 in
October of last year.
MARKET ACTION REPORT
City: Carmel Highlands
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 October was 0, up from 0 days last month and
down 100.0% from 695 days in October of last year.
The October 2011 DOM was at a mid level compared with October of 2010 and 2009.
Selling Price per Square Foot
284
695
0
100
200
300
400
500
600
700
N08
D J09
F M A M J J A S O N D J10
F M A M J J A S O N D J11
F M A M J J A S O
Average Days on Market (Listing to Contract) for properties sold during the month
1068
463
0
0
200
400
600
800
1,000
1,200
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 A S O
Average Selling Price per Square Foot for properties that sold during the month
3 Mo Avg
3 Mo Avg
Nicole Truszkowski
CIPS, CLHMS, TRC, Broker Associate
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 October 2011 Selling Price vs Original List Price of
0.0% was up from 0.0% last month and down from
73.6% in October of last year.
Inventory / New Listings / Sales
0N08
D J09
F M A M J J A S O N D J10
F M A M J J A S O N D J11
F M A M J J A S O
95.0%
73.6%
70%
75%
80%
85%
90%
95%
100%
N08
D J09
F M A M J J A S O N D J10
F M A M J J A S O N D J11
F M A M J J A S O
Avg Selling Price divided by Avg Listing Price for sold properties during the month
45 Inventory New Listings Sales
3 Mo Avg
8/3/2019 Carmel Highlands Homes Market Action Report for Real Estate Sales October 2011
http://slidepdf.com/reader/full/carmel-highlands-homes-market-action-report-for-real-estate-sales-october-2011 3/3
