This Week Supply and Demand Price · 12/22/2015 · Monday December 21, 2015 The median list price in CARMEL VALLEY, CA this week is $1,399,000. Investigate the market in quartiles

17 24800

1463.0 48

3.0

0

248

3.0 42

177

2

4

1.0 - 2.5acres

56

$ 1,695,000

1

0

42

4.0

8,001 -10,000 sqft

33.0

1654 0.25 - 0.50acre

41

$ 1,087,500

4.0

288

0.25 - 0.50acre$ 2,994,000

4.0$ 5,575,000

36

5

2868

The market appears to be hovering around this plateau. Look fora persistent change in the Market Action Index before we seeprices deviate from these levels.

The market has shown some evidence of slowing recently. Bothprices and inventory levels are relatively unchanged in recent weeks.Watch the Market Action Index for changes as it can be a leadingindicator for price changes.

Inventory has been lightening lately and the Market Action Indexhas been trending up. Though days-on-market is increasing, theseare mildly positive indications for the market.

CARMEL, CAKeller WilliamsExecutive Summary

41

2228

2.0

Monday December 21, 2015

The median list price in CARMEL, CA this week is $2,047,500.

Investigate the market in quartiles -where each quartile is 25% of homesordered by price.

Most expensive 25% of properties

Upper-middle 25% of properties

Lower-middle 25% of properties

Least expensive 25% of properties

Quartile Median Price Lot Size Beds Baths Age Inventory New Absorbed DOMSq. Ft.

Keller Williams | 831.622.6200

No change Strong upward trend Strong downward trend

Slight upward trend Slight downward trend±+ == ≠≠

≠=

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Single Family Homes

Median Lot Size

23.5

Percent Relisted (reset DOM)

2652

3.0

6 %

Median Number of Bathrooms

214

Median List Price

Average Days on Market (DOM)$ 877

Percent Flip (price increased)

0.25 - 0.50 acreMedian House Size (sq ft)

$ 2,047,500

31 %

3.0

Market Action Index

Median Number of Bedrooms

Asking Price Per Square Foot

11 %Percent of Properties with Price Decrease

Buyer's Advantage

±+

±+

==

±+

Bottom/Fourth

Lower/Third

Upper/Second

Top/First

This Week

Supply and Demand

Real-Time Market Profile Trend

Price

Price Trends

Market Action Index

The Market Action Index answers the question "How's theMarket?" by measuring the current rate of sale versus theamount of the inventory. Index above 30 implies Seller'sMarket conditions. Below 30, conditions favor the buyer.

QuartilesCharacteristics per Quartile

7-Day Rolling Average 90-Day Rolling Average Buyer/Seller Cutoff

7-Day Rolling Average 90-Day Rolling Average

33 04244

2093.0 41

3.0

0

254

4.0 13

212

2

0

2.5 - 5.0acres

38

$ 1,150,000

0

0

13

5.5

1.0 - 2.5acres

03.0

1500 2.5 - 5.0acres

13

$ 625,000

4.0

321

2.5 - 5.0acres$ 1,695,000

4.0$ 3,195,000

32

2

3483

The market is hovering around this plateau. Look for a persistentchange in the Market Action Index before we see prices deviatefrom these levels.

Home sales have begun exceeding new inventory. This is a Buyer'smarket so prices are not yet moving higher as excess inventory isconsumed. If the tightening continues and the market moves intothe Seller's zone, we may see upward pressure on pricing.


CARMEL VALLEY, CAKeller WilliamsExecutive Summary

12

2658

3.0


The median list price in CARMEL VALLEY, CA this week is$1,399,000.










≠=


Single Family Homes

Median Lot Size

26.6


2775

3.0

2 %


248

Median List Price



2.5 - 5.0 acresMedian House Size (sq ft)

$ 1,399,000

31 %

4.0

Market Action Index




Buyer's Advantage

±+

±+

==

=

Bottom/Fourth

Lower/Third

Upper/Second

Top/First

This Week

Supply and Demand


Price

Price Trends

Market Action Index





32 07248

1453.0 41

3.0

1

160

3.0 21

178

0

0

1.0 - 2.5acres

50

$ 1,625,000

1

0

21

6.0

0.25 - 0.50acre

04.0

2227 0.25 - 0.50acre

21

$ 1,049,000

4.0

401

0.25 - 0.50acre$ 3,595,000

6.0$ 9,590,000

41

1

3822


Home sales have been exceeding new inventory for several weeks.Since this is a Buyer's market, prices are not yet moving higher asexcess inventory is consumed. However, as the supply and demandtrends continue, the market moves into the Seller's zone, and we arelikely to see upward pressure on pricing.

Inventory has been decreasing lately but the Market Action Index isfalling also. With days-on-market climbing, these are relativelynegative implications for the market.

PEBBLE BEACH, CAKeller WilliamsExecutive Summary

20

2593

2.5


The median list price in PEBBLE BEACH, CA this week is $2,395,000.










≠=


Single Family Homes

Median Lot Size

23.8


3003

3.0

6 %


219

Median List Price



0.25 - 0.50 acreMedian House Size (sq ft)

$ 2,395,000

36 %

4.0

Market Action Index




Buyer's Advantage

±+

==

==

==

Bottom/Fourth

Lower/Third

Upper/Second

Top/First

This Week

Supply and Demand


Price

Price Trends

Market Action Index





30 12416

732.0 60

2.0

1

137

3.0 13

47

2

0

8,001 -10,000 sqft

70

$ 879,000

2

0

13

2.5

4,501 -6,500 sqft

02.5

955 Less than4,500 sqft

13

$ 696,000

3.0

120

4,501 -6,500 sqft$ 1,150,000

4.0$ 1,797,000

84

0

1800

The market seems to have paused around this plateau. TheMarket Action Index is a good leading indicator for the durabilityof this trend.

While the Market Action Index shows some strengthening in the lastfew weeks, prices have settled in a bit of a plateau. We currently ina Seller's market so prices will likely resume their climb should thistrend persist.

Inventory is tightening and days-on-market is falling. But demandas measured by the Market Action Index is also trending down. Themarket is not giving strong up or down signals from these data.

PACIFIC GROVE, CAKeller WilliamsExecutive Summary

12

1847

1.0


The median list price in PACIFIC GROVE, CA this week is $998,000.










≠=


Single Family Homes

Median Lot Size

30.4


1770

2.0

0 %


94

Median List Price



4,501 - 6,500 sqftMedian House Size (sq ft)

$ 998,000

47 %

3.0

Market Action Index




Seller's Advantage

±+

≠

≠≠

=

Bottom/Fourth

Lower/Third

Upper/Second

Top/First

This Week

Supply and Demand


Price

Price Trends

Market Action Index





10 04922

972.0 57

3.0

1

118

3.0 20

117

1

4

1.0 - 2.5acres

65

$ 857,500

2

0

20

4.5

6,501 -8,000 sqft

13.5

1250 4,501 -6,500 sqft

20

$ 575,750

3.0

262

0.50 - 1.0acre$ 1,450,000

4.0$ 2,727,500

32

2

3484

Price trends continued their recent uptrend this week. Whilestill below the market's price high-point, we've seen a nice runrecently.

Home sales have begun exceeding new inventory. While still aBuyer's market, prices seem to have already started to respond. Ifthe trend continues, expect prices to keep marching upward.


MONTEREY, CAKeller WilliamsExecutive Summary

20

1791

2.0


The median list price in MONTEREY, CA this week is $1,114,000.










≠=


Single Family Homes

Median Lot Size

29.4


2309

3.0

0 %


148

Median List Price




$ 1,114,000

34 %

3.0

Market Action Index




Buyer's Advantage

==

≠≠

==

=

Bottom/Fourth

Lower/Third

Upper/Second

Top/First

This Week

Supply and Demand


Price

Price Trends

Market Action Index





30 23938

1062.5 38

3.0

0

153

4.0 11

73

0

1

1.0 - 2.5acres

17

$ 700,320

1

0

11

3.5

0.25 - 0.50acre

23.0

1674 4,501 -6,500 sqft

11

$ 569,000

3.0

197

1.0 - 2.5acres$ 915,000

4.0$ 1,570,950

30

2

2618

Prices in this zip code seem to have settled around a plateau.Look for a persistent down-shift in the Market Action Indexbefore we see prices deviate from these levels.

Home sales continue to outstrip supply and the Market Action Indexhas been moving higher for several weeks. This is a Seller's marketso watch for upward pricing pressure in the near future if the trendcontinues.

Inventory has been lightening lately and the Market Action Indexhas been trending up. These are mildly positive indications for themarket.

SALINAS, CA 93908Keller WilliamsExecutive Summary

10

2215

2.5


The median list price in SALINAS, CA 93908 this week is $775,000.










≠=


Single Family Homes

Median Lot Size

34.0


2534

3.0

7 %


131

Median List Price



1.0 - 2.5 acresMedian House Size (sq ft)

$ 775,000

33 %

4.0

Market Action Index




Seller's Advantage

±+

±+

±+

==

Bottom/Fourth

Lower/Third

Upper/Second

Top/First

This Week

Supply and Demand


Price

Price Trends

Market Action Index





39 11891

1102.0 63

2.0

0

43

3.0 9

64

2

0

4,501 -6,500 sqft

65

$ 419,000

1

1

10

2.5

Less than4,500 sqft

12.0

830 Less than4,500 sqft

9

$ 346,950

3.0

46

4,501 -6,500 sqft$ 459,999

3.0$ 639,000

55

0

1050

The market appears to be hovering around this plateau. Look fora persistent change in the Market Action Index before we seeprices deviate from these levels.

The market remains in a relative stasis in terms of sales toinventory. Prices have not been moving higher for several weeks.However, inventory is sufficiently low to keep us in the Seller'sMarket zone so watch changes in the MAI. If the market heats uppersistently, prices are likely to resume an upward climb.

The Market Action Index has been trending down lately, whileinventory and days-on-market are climbing. The trends imply aweakening market.

SEASIDE, CAKeller WilliamsExecutive Summary

9

1089

1.0


The median list price in SEASIDE, CA this week is $440,000.










≠=


Single Family Homes

Median Lot Size

35.5


1068

2.0

3 %


66

Median List Price




$ 440,000

38 %

3.0

Market Action Index




Seller's Advantage

±+

==

==

±+

Bottom/Fourth

Lower/Third

Upper/Second

Top/First

This Week

Supply and Demand


Price

Price Trends

Market Action Index





25 01931

562.0 50

3.0

1

83

3.0 5

25

0

3

6,501 -8,000 sqft

51

$ 475,000

0

1

5

3.5

6,501 -8,000 sqft

02.5

1304 6,501 -8,000 sqft

5

$ 449,000

4.0

41

6,501 -8,000 sqft$ 499,900

4.0$ 579,000

49

1

1521


While the Market Action Index shows some strengthening in the lastfew weeks, prices have not seemed to move from their plateau.Should the upward trend in sales relative to inventory continue,expect prices to resume an upward climb in tandem with the MAI.

Inventory is tightening and days-on-market is falling. The MarketAction Index shows demand heating up. These are relatively bullishsigns for prices.

MARINA, CAKeller WilliamsExecutive Summary

5

1580

2.0


The median list price in MARINA, CA this week is $483,500.










≠=


Single Family Homes

Median Lot Size

40.3


1668

2.0

0 %


51

Median List Price




$ 483,500

10 %

3.0

Market Action Index




Seller's Advantage

±+

==

≠

=

Bottom/Fourth

Lower/Third

Upper/Second

Top/First

This Week

Supply and Demand


Price

Price Trends

Market Action Index





Documents

This Week Supply and Demand Price · 12/22/2015 · Monday December 21, 2015 The median list price in CARMEL VALLEY, CA this week is $1,399,000. Investigate the market in quartiles