MARKET ACTION REPORT January 2017

Nicole Truszkowski
Sales Associate

City: Big Sur Coast (831) 238-7449

(831) 624-2457
Nicole.Truszkowski@sothebyshomes.com

Price Range: $0 to $999,999,999 | 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 $2,297,500
Average List Price of all Current Listings $2,574,333
January Median Sales Price $2,400,000 $2,400,000
January Average Sales Price $2,400,000 $2,400,000
Total Properties Currently for Sale (Inventory) 12
January Number of Properties Sold 1 1
January Average Days on Market (Solds) 455 455
Asking Price per Square Foot (based on New Listings) $1,190 $1,190
January Sold Price per Square Foot $2,667 $2,667
January Month's Supply of Inventory 12.0 12.0
January Sale Price vs List Price Ratio 80.1% 80.1%
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year / YTD = Year-to-date

Property Sales
January Property sales were 1, equal to 1 in January of 2016 and equal to 0.0% 1 sales last month. January 2017 sales were at a mid level compared to January
of 2016 and 2015. January YTD sales of 1 are running equal to last year's year-to-date sales of 1.

Prices
The Median Sales Price in January was $2,400,000, down -20.0% from $3,000,000 in January of 2016 and up 20.0% from $2,000,000 last month. The Average
Sales Price in January was $2,400,000, down -20.0% from $3,000,000 in January of 2016 and up 20.0% from $2,000,000 last month. January 2017 ASP was at
a mid range compared to January of 2016 and 2015.

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 2/1/2014 through 1/31/2017. 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.
MARKET ACTION REPORT January 2017
Nicole Truszkowski
Sales Associate

City: Big Sur Coast (831) 238-7449

(831) 624-2457
Nicole.Truszkowski@sothebyshomes.com

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

Inventory & MSI
The Total Inventory of Properties available for sale as of January was 12, down -7.7% from 13 last month and down -14.3% from 14 in January of last year.
January 2017 Inventory was at a mid range compared to January of 2016 and 2015.

A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers. The January 2017 MSI of 12.0 months was at a mid range
compared with January of 2016 and 2015.

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 a
move towards more of a Buyer's market, a downward trend a move towards more of a Seller's market. The DOM for January was 455, up 148.6% from 183
days last month and up 302.7% from 113 days in January of last year. The January 2017 DOM was at its highest level compared with January of 2016 and
2015.

Selling Price per Square Foot

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 January 2017 Selling Price per Square Foot of $2,667 was up 289.9% from $684 last month and up 33.4% from $2,000 in January of last year.

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 2/1/2014 through 1/31/2017. 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.
MARKET ACTION REPORT January 2017
Nicole Truszkowski
Sales Associate

City: Big Sur Coast (831) 238-7449

(831) 624-2457
Nicole.Truszkowski@sothebyshomes.com

Price Range: $0 to $999,999,999 | 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 January 2017 Selling Price vs List Price of 80.1% was up
from 67.8% last month and up from 75.1% in January 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 annual
seasonality of the market as well as the relationship between these items. The number of New Listings in January 2017 was 1, equal to 0 last month and down -
50.0% from 2 in January of last year.

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 2/1/2014 through 1/31/2017. 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.
MARKET ACTION REPORT January 2017
Nicole Truszkowski
Sales Associate

City: Big Sur Coast (831) 238-7449

(831) 624-2457
Nicole.Truszkowski@sothebyshomes.com

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

F 14 M A M J J A S O N D J 15 F M A M J J A S O N D J 16 F M A M J J A S O N D J 17
Homes Sold 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 1 1 2 0 1 0 0 1 1 0 1 0 0 0 0 0 1 1 1 1
3 Mo. Roll Avg 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 1 0 0 0 1 1 1 0 0 0 0 0 0 1 1 1

(000's) F 14 M A M J J A S O N D J 15 F M A M J J A S O N D J 16 F M A M J J A S O N D J 17
MedianSalePrice 0 0 0 0 0 5,250 0 0 0 2,315 0 0 0 0 0 0 625 5,000 2,269 0 600 0 0 3,000 835 0 2,200 0 0 0 0 0 1,200 1,685 2,000 2,400
3 Mo. Roll Avg 0 0 0 1,750 1,750 1,750 0 772 772 772 0 0 0 0 208 1,875 2,631 2,423 956 200 200 1,000 1,278 1,278 1,012 733 733 0 0 0 400 962 1,628 2,028

F 14 M A M J J A S O N D J 15 F M A M J J A S O N D J 16 F M A M J J A S O N D J 17
Inventory 14 12 13 13 14 16 16 16 16 14 11 11 12 11 13 12 14 13 13 16 15 15 14 14 13 15 13 17 17 20 20 18 18 16 13 12
MSI 0 0 0 0 0 16 0 0 0 14 0 0 0 0 0 0 14 13 7 0 15 0 0 14 13 0 13 0 0 0 0 0 18 16 13 12

F 14 M A M J J A S O N D J 15 F M A M J J A S O N D J 16 F M A M J J A S O N D J 17
Days On Market 0 0 0 0 0 244 0 0 0 643 0 0 0 0 0 0 103 146 601 0 61 0 0 113 134 0 12 0 0 0 0 0 260 237 183 455
3 Mo. Roll Avg 0 0 0 81 81 81 0 214 214 214 0 0 0 0 34 83 283 249 221 20 20 38 82 82 49 4 4 0 0 0 87 166 227 292

F 14 M A M J J A S O N D J 15 F M A M J J A S O N D J 16 F M A M J J A S O N D J 17
Price per Sq Ft 0 0 0 0 0 1,435 0 0 0 494 0 0 0 0 0 0 1,042 508 1,677 0 545 0 0 2,000 515 0 952 0 0 0 0 0 2,083 674 684 2,667
3 Mo. Roll Avg 0 0 0 478 478 478 0 165 165 165 0 0 0 0 347 517 1,076 728 741 182 182 667 838 838 489 317 317 0 0 0 694 919 1,147 1,342

F 14 M A M J J A S O N D J 15 F M A M J J A S O N D J 16 F M A M J J A S O N D J 17
Sale to List Price 0.000 0.000 0.000 0.000 0.000 0.905 0.000 0.000 0.000 0.662 0.000 0.000 0.000 0.000 0.000 0.000 0.758 0.909 0.635 0.000 0.923 0.000 0.000 0.751 0.696 0.000 1.000 0.000 0.000 0.000 0.000 0.000 0.803 0.864 0.678 0.801
3 Mo. Roll Avg 0.000 0.000 0.000 0.302 0.302 0.302 0.000 0.221 0.221 0.221 0.000 0.000 0.000 0.000 0.253 0.556 0.767 0.515 0.519 0.308 0.308 0.250 0.482 0.482 0.565 0.333 0.333 0.000 0.000 0.000 0.268 0.556 0.782 0.781

F 14 M A M J J A S O N D J 15 F M A M J J A S O N D J 16 F M A M J J A S O N D J 17
New Listings 1 0 3 0 1 2 0 1 0 0 0 0 2 0 2 0 3 1 2 3 0 0 0 2 0 3 0 4 1 3 2 0 1 0 0 1
Inventory 14 12 13 13 14 16 16 16 16 14 11 11 12 11 13 12 14 13 13 16 15 15 14 14 13 15 13 17 17 20 20 18 18 16 13 12
Sales 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 1 1 2 0 1 0 0 1 1 0 1 0 0 0 0 0 1 1 1 1

(000's) F 14 M A M J J A S O N D J 15 F M A M J J A S O N D J 16 F M A M J J A S O N D J 17
Avg Sale Price 0 0 0 0 0 5,250 0 0 0 2,315 0 0 0 0 0 0 625 5,000 2,269 0 600 0 0 3,000 835 0 2,200 0 0 0 0 0 1,200 1,685 2,000 2,400
3 Mo. Roll Avg 0 0 0 1,750 1,750 1,750 0 772 772 772 0 0 0 0 208 1,875 2,631 2,423 956 200 200 1,000 1,278 1,278 1,012 733 733 0 0 0 400 962 1,628 2,028

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 2/1/2014 through 1/31/2017. 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.