Carmel Valley Homes Market Action Report Real Estate Sales for Sept 2010

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8/7/2019 Carmel Valley Homes Market Action Report Real Estate Sales for Sept 2010

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September 2010

Price Range: All | Properties: Single Family

Market Time

Selling Price per Square Foot

Selling Price vs Original Listing Price

Inventory / New Listings / Sales

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 September 2010 Selling Price vs Original List Price

of 96.7% was up from 93.9% last month and up from

92.4% in September of last year.

Inventory / New Listings / Sales

Selling Price versus Listing Price Ratio

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

September was 115, down 41.6% from 197 days last

month and down 33.9% from 174 days in September of 

last year. The September 2010 DOM was at its lowestlevel compared with September of 2009 and 2008.

MARKET ACTION REPORT

Days On Market for Sold Properties

The 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

September 2010 Selling Price per Square Foot of $341

 was down 11.9% from $387 last month and down 15.4%

from 403 in September of last year.

Selling Price per Square Foot

 City: Carmel Valley

182 174

115

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

650

403

341

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

89.9%

92.4%

96.7%

80%

82%84%

86%

88%

90%

92%

94%

96%

98%

100%

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

180 Inventory New Listings Sales

3 Mo Avg

3 Mo Avg

3 Mo Avg

Nicole TruszkowskiCIPS,CLHMS,TRC

nicole@estatesofcarmel.com

831-238-7449

 www.estatesofcarmel.com

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September 2010

Price Range: All | Properties: Single Family

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.

Copyright © Sotheby’s International Realty | Price Range: All | Property Types: Single Family

Inventory / Listings / Sales

 City: Carmel Valley

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 September 2010 was 18,

down 25.0% from 24 last month and up 5.9% from 17 in September of last year.

Data 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 

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        3        9        3

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                7 58 8 5 8 7 4 1        2

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0

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Inventor New Listin s Sales

Nicole Truszkowski

CIPS,CLHMS,TRC

nicole@estatesofcarmel.com

831-238-7449

 www.estatesofcarmel.com