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April 2013

MARKET ACTION REPORT Coldwell Banker Olivenhain

City: Encinitas Price Range: $0 to $999,999,000 | Properties: Single Family Home, Townhome, Condo Trending Versus*:

Market Profile & Trends Overview Median List Price of all Current Listings Average List Price of all Current Listings April Median Sales Price April Average Sales Price Total Properties Currently for Sale (Inventory) April Number of Properties Sold April Average Days on Market (Solds) Asking Price per Square Foot (based on New Listings) April Sold Price per Square Foot April Month's Supply of Inventory April Sale Price vs List Price Ratio

Month $1,295,000 $1,671,477 $706,800 $769,106 141 53 28 $495 $400 2.7 98.9%

LM

L3M PYM

8% 48% -1% 57% 3% 1% 20% -5% -7% 5% 15% -38% -19% -9% -24% -38% -67% 12% 4% 25% -2% 2% 17% 41% 4% -32% 1.1% 3% 3%

Trending Versus*:

LY

YTD

PriorYTD

PriorYear

8% -6%

$699,500 $823,567

16% 3%

6% 1%

-64% 20% 12% -31% 4.4%

192 45 $476 $393 2.9 96.4%

8% -48% 20% 13% -50% 1.9%

-42% 15% 10% -26% 1.8%

* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year / YTD = Year-to-date

Property Sales April Property sales were 53, down -8.6% from 58 in April of 2012 and -18.5% lower than the 65 sales last month. April 2013 sales were at a mid level compared to April of 2012 and 2011. April YTD sales of 192 are running 7.9% ahead of last year's year-to-date sales of 178.

Prices The Median Sales Price in April was $706,800, up 19.8% from $590,000 in April of 2012 and up 2.9% from $687,000 last month. The Average Sales Price in April was $769,106, up 4.5% from $736,275 in April of 2012 and down -4.9% from $808,663 last month. April 2013 ASP was at highest level compared to April of 2012 and 2011.

Based on information from SANDICOR, Inc. for the period 5/1/2010 through 4/30/2013. Due to MLS reporting methods and allowable reporting policy, this data is only informational and may not be completely accurate. Therefore, Coldwell Banker Residential Brokerage does not guarantee the data accuracy. Data maintained by the MLS's may not reflect all real estate activity in the market.


April 2013

MARKET ACTION REPORT Coldwell Banker Olivenhain

City: Encinitas Price Range: $0 to $999,999,000 | Properties: Single Family Home, Townhome, Condo

Inventory & MSI The Total Inventory of Properties available for sale as of April was 141, up 14.6% from 123 last month and down -37.6% from 226 in April of last year. April 2013 Inventory was at the lowest level compared to April of 2012 and 2011. A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers. The April 2013 MSI of 2.7 months was at its lowest level compared with April of 2012 and 2011.

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 April was 28, down -24.3% from 37 days last month and down -67.1% from 85 days in April of last year. The April 2013 DOM was at its lowest level compared with April of 2012 and 2011.

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 April 2013 Selling Price per Square Foot of $400 was down -2.4% from $410 last month and up 16.6% from $343 in April of last year.

Based on information from SANDICOR, Inc. for the period 5/1/2010 through 4/30/2013. Due to MLS reporting methods and allowable reporting policy, this data is only informational and may not be completely accurate. Therefore, Coldwell Banker Residential Brokerage does not guarantee the data accuracy. Data maintained by the MLS's may not reflect all real estate activity in the market.


April 2013

MARKET ACTION REPORT Coldwell Banker Olivenhain

City: Encinitas Price Range: $0 to $999,999,000 | 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 April 2013 Selling Price vs List Price of 98.9% was up from 97.8% last month and up from 96.4% in April 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 April 2013 was 92, down 1.1% from 93 last month and up 31.4% from 70 in April of last year.

Based on information from SANDICOR, Inc. for the period 5/1/2010 through 4/30/2013. Due to MLS reporting methods and allowable reporting policy, this data is only informational and may not be completely accurate. Therefore, Coldwell Banker Residential Brokerage does not guarantee the data accuracy. Data maintained by the MLS's may not reflect all real estate activity in the market.


April Olivenhain Market Action Report