MARKET ACTION REPORT

Coldwell Banker Encinitas

March 2014

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

Market Profile & Trends Overview

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

Month

LM

L3M PYM
21% -2% 18% 53% -2% -49% -14% 10% 41% 94% 0%

LY
9% 37% -24% -1% 33% 34% 1.0%

YTD
$775,000 $1,040,619 103 46 $506 $510 3.8 95.1%

PriorYTD
11% 23% -26% -12% 9% 30% 30% -1.0%

PriorYear
4% 16% 10% 3% 18% 37% -1.8%

$1,450,000 12% $1,608,658 1% $810,000 17% 9% $1,234,894 34% 25% 123 -12% 33 10% 32 -18% -30% $484 -13% -3% $577 26% 15% 3.7 -20% -2% 97.7% 0.9% 3%

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

Property Sales
March Property sales were 33, down -49.2% from 65 in March of 2013 and 10.0% higher than the 30 sales last month. March 2014 sales were at their lowest level compared to March of 2013 and 2012. March YTD sales of 103 are running -26.4% behind last year's year-to-date sales of 140.

Prices
The Median Sales Price in March was $810,000, up 17.9% from $687,000 in March of 2013 and up 16.6% from $694,500 last month. The Average Sales Price in March was $1,234,894, up 52.7% from $808,663 in March of 2013 and up 33.5% from $925,207 last month. March 2014 ASP was at highest level compared to March of 2013 and 2012.

2014 Coldwell Banker Real Estate LLC. All Rights Reserved. Coldwell Banker Residential Brokerage fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Coldwell Banker Residential Brokerage is operated by a subsidiary of NRT LLC. Coldwell Banker and the Coldwell Banker Logo are registered service marks owned by Coldwell Banker Real Estate LLC. BRE # 00616212 Based on information from SANDICOR, Inc. for the period 4/1/2011 through 3/31/2014. 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.

MARKET ACTION REPORT

Coldwell Banker Encinitas

March 2014

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 March was 123, down -11.5% from 139 last month and down -1.6% from 125 in March of last year. March 2014 Inventory was at the lowest level compared to March of 2013 and 2012. A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers. The March 2014 MSI of 3.7 months was at a mid range compared with March of 2013 and 2012.

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 March was 32, down -17.9% from 39 days last month and down -13.5% from 37 days in March of last year. The March 2014 DOM was at its lowest level compared with March of 2013 and 2012.

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 March 2014 Selling Price per Square Foot of $577 was up 25.7% from $459 last month and up 40.7% from $410 in March of last year.

2014 Coldwell Banker Real Estate LLC. All Rights Reserved. Coldwell Banker Residential Brokerage fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Coldwell Banker Residential Brokerage is operated by a subsidiary of NRT LLC. Coldwell Banker and the Coldwell Banker Logo are registered service marks owned by Coldwell Banker Real Estate LLC. BRE # 00616212 Based on information from SANDICOR, Inc. for the period 4/1/2011 through 3/31/2014. 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.

MARKET ACTION REPORT

Coldwell Banker Encinitas

March 2014

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 March 2014 Selling Price vs List Price of 97.7% was up from 96.8% last month and down from 97.8% in March 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 March 2014 was 79, up 5.3% from 75 last month and down -15.1% from 93 in March of last year.

2014 Coldwell Banker Real Estate LLC. All Rights Reserved. Coldwell Banker Residential Brokerage fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Coldwell Banker Residential Brokerage is operated by a subsidiary of NRT LLC. Coldwell Banker and the Coldwell Banker Logo are registered service marks owned by Coldwell Banker Real Estate LLC. BRE # 00616212 Based on information from SANDICOR, Inc. for the period 4/1/2011 through 3/31/2014. 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.