3Q19 Market Update - Pebble Beach and Carmel

Page 1



$8M+

2

$6M - $8M

2 4 12

3Q19

Area

YoY% Change

$1.65

Carmel

-26%

$2.31

Carmel Highlands

-53%

$2.30

Pebble Beach

30%

$0.95

Quail/Preserve

-44%

$1.77

Overall

-17%

3Q19

Area

YoY % Change

$1.96

Carmel

-20%

$2.42

Carmel Highlands

-62%

$3.14

Pebble Beach

-26%

$1.62

Quail/Preserve

-28%

$2.39

Overall

-27%

$2.5M - $3M

12

$2M - $2.5M

7

$1.5M - $2M

24

$1M - $1.5M

20

<$1M

11

*


Sales Price Range

3Q18

3Q19

Jan-Sept 2018

Jan-Sept 2019

10 Year Ave. 10 Year Ave. 3Q Sales Jan-Sept Sales

<$1.0M

7

12

35

27

22

64

$1.0M-$1.5M

21

20

82

74

21

62

$1.5M-$2.0M

18

25

66

45

13

39

$2.0M-$2.5M

20

7

42

31

9

24

$2.5M-$3.0M

2

13

24

32

5

17

$3.0M-$4.0M

13

12

37

28

7

20

$4.0M-$6.0M

9

4

23

18

4

13

$6.0M-$8.0M

3

2

15

7

1

5

$8M+

6

2

11

7

2

5

Total Sales

99

97

335

269

85

248


$8M+

4

$6M - $8M $4M - $6M $3M - $4M $2.5M - $3M $2M - $2.5M $1.5M - $2M $1M - $1.5M <$1M Total Sales

0 4 4 4 4 3 14 2 39

Quarter

Median

YoY % Change

Quarter

Average

YoY % Change

3Q19

$2.30

23%

3Q19

$3.14

-26%

2Q19

$2.19

51%

2Q19

$3.50

59%

1Q19

$1.21

-22%

1Q19

$2.05

-26%

4Q18

$1.58

-6%

4Q18

$1.96

-20%

3Q18

$1.88

9%

3Q18

$4.22

81%


Central Pebble Beach

MPCC

Upper Forest


$6M - $8M $4M - $6M $3M - $4M $2.5M - $3M $2M - $2.5M $1.5M - $2M $1M - $1.5M <$1M Total Sales

1 0 5 8 4 14 12 6 50

Quarter

Median

YoY % Change

Quarter

Average

YoY % Change

3Q19

$1.65

-25%

3Q19

$1.96

-20%

2Q19

$2.05

8%

2Q19

$2.32

10%

1Q19

$2.13

12%

1Q19

$2.37

4%

4Q18

$1.83

10%

4Q18

$2.28

13%

3Q18

$2.21

24%

3Q18

$2.44

27%


Carmel Point

Golden Rectangle

Hatton Fields

Northeast Carmel

Northwest Carmel

Southeast Carmel


$4M - $6M $2.5M - $3M $1.5M-$2.0M $1.0M-$1.5M Total Sales

1 1 1 2 5

Quarter

Median

YoY % Change

Quarter

Average

YoY % Change

3Q19

$1.82

-63%

3Q19

$2.42

-62%

2Q19

$2.23

1%

2Q19

$2.56

0%

1Q19

$1.85

-38%

1Q19

$1.85

-42%

4Q18

$2.05

-16%

4Q18

$3.04

-5%

3Q18

$4.94

110%

3Q18

$6.42

237%


Carmel Highlands

Carmel Meadows


$3M-$4M $1.5M-$2.0M <$1.0M Total Sales

1 2 3 6

Quarter

Median

YoY % Change

Quarter

Average

YoY % Change

3Q19

$0.95

-49%

3Q19

$1.62

-28%

2Q19

$2.30

17%

2Q19

$2.79

16%

1Q19

$2.28

-39%

1Q19

$3.10

-28%

4Q18

$1.75

-4%

4Q18

$2.01

-5%

3Q18

$1.79

-22%

3Q18

$2.23

-3%


Preserve

Quail Lodge

Quail Meadows


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