pebble beach homes market action report real estate sales for june 2011

8/6/2019 Pebble Beach Homes Market Action Report Real Estate Sales for June 2011

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June 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 June

2011 Selling Price per Square Foot of $451 was up 0.9%

from $447 last month and down 40.3% from 755 in

June of last year.

MARKET ACTION REPORT

City: Pebble Beach

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 June was 182, down 18.8% from 224 days last

month and up 32.8% from 137 days in June of last year.

The June 2011 DOM was at a mid level compared withJune of 2010 and 2009.

Selling Price per Square Foot

81

137

182

0

50

100

150

200

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300

J08

A S O N D J09

F M A M J J A S O N D J10


F M A M J

Average Days on Market (Listing to Contract) for properties sold during the month

571

755

451

400

450

500

550

600

650700

750

800

850

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 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, Broker Associate

[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 June 2011 Selling Price vs Original List Price of

92.2% was up from 91.5% last month and up from 91.5%

in June of last year.


81

137

182

0

50

100

150

200

250

300

J08

A S O N D J09



F M A M J

Average Days on Market (Listing to Contract) for properties sold during the month

571

755

451

400

450

500

550

600

650700

750

800

850

J08

A S O N D J09



F M A M J

Average Selling Price per Square Foot for properties that sold during the month

94.0%

91.5% 92.2%

80%

85%

90%

95%

100%

105%

J08

A S O N D J09



F M A M J

Avg Selling Price divided by Avg Listing Price for sold properties during the month

160 Inventory New Listings Sales

3 Mo Avg

3 Mo Avg

3 Mo Avg

Nicole Truszkowski


[email protected]

831-238-7449




June 2011

Price Range: All | Properties: Single Family - Condo - TwnHm

Inventory / Listings / Sales

City: Pebble Beach


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 June 2011 was 20, up 11.1%

from 18 last month and down 31.0% from 29 in June of last year.

3

2 6 1

3 1

1 3 2

2 6

1 3 6

1 2 9

1 2 9

2 8

3120

140

160 Inventory New Listings Sales

Nicole Truszkowski


[email protected]

831-238-7449


Copyright © Sotheby’s International Realty | Price Range: All | Property Types: Single Family - Condo - TwnHmData is provided courtesy of MLS Listings Inc. and may not reflect all relevant real estate activity. Sotheby’s International Realty does not warrant or guarantee

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.

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J 08 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 A S O N D J 11 F M A M J

Inventory New Listings Sales

Nicole Truszkowski


[email protected]

831-238-7449


pebble beach homes market action report real estate sales for june 2011

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