PAUL BROCCHINI
(831) 601-1620
mark ryan
(831) 238-1498

Published Market Reports

Learn the Market

Paul Brocchini has published quarterly real estate market reports since 1989. Mark Ryan joined him as a market analyst in 2005. Before buying or selling, view our archive below. It contains reports going back many years. To best understand market trends, click on our fourth quarter reports in which we publish annual figures. A study of these figures will show you how the market has developed over your selected periods of time. We and our reports are your best guides to an understanding of the Monterey Peninsula real estate market.
Latest Reports:

THE HOUSING MARKET
Strong Start to 2015

First Quarter 2015 Report
By: Paul Brocchini & Mark Ryan

The first three months of 2015 continued the solid local real estate market we experienced last year.

Dollar volume jumped 17% from last year. An impressive $314 million plus changed hands up from $269 million last year. All of he markets were up with exception of Pebble Beach. Pebble’s decline is partially explained by a block-buster sale $16.9 million in 2014 whereas this year the top sale in the quarter was $5.6 million.

» Read More

THE CONDO MARKET
1st Quarter 2015 – Year Opens Strong

First Quarter 2015 Condo Report
By: Paul Brocchini & Mark Ryan

As our regular readers know, we are most interested in dollar volume. The first quarter , of 2015 logged a robust dollar total of $29,304,300, up 27% from last year. This number is especially impressive as the inventory has been and continues to be thin.

There were only 47 active listings on January 1 in the entire Monterey Peninsula. That number barely changed on April 1 when there were 43 active listings. Contrast that with April 2008 when the bust left 165 sellers seeking non-existent buyers (see the Market Barometer). » Read More

Click the gray bar below to learn how to read our published Monterey Peninsula real estate reports:

[learn_more caption=”Click this gray bar to close / open: How to Read Our Real Estate Reports”]

Printable Instructions

NOBODY presents the numbers we publish in our reports in a convenient fashion. They are the only readily available source of statistical information.

Our quarterly real estate reports on single family homes on the Monterey Peninsula are published quarterly in The Carmel Pine Cone and on our website www.carmelabodes.com

Our Condo Report, also published quarterly, is exclusively on our website.

The reports consist of five charts and a narrative analysis. The charts are Gross Dollar Volume, Sales by Quarter, Market Barometer, Median Sales Prices, Days on Market.

When you study the charts, here is the approach we suggest:

  1. First look at the Gross Dollar Volume Chart. Gross dollar volume is the tell-tale number. This shows you how many dollars changed hands in the quarter and compares the current quarter with the same one last year. The ebbs and flow of dollar volume is the most dramatic indicator of market health. In our year-end reports we show 10 years of dollar volume and median sales prices.

Dollar wise, greater Carmel is the biggest market.

  1. Sales by Quarter. Here you find the number of sales each quarter for seven quarters. You can compare this year with last year, seasonality, the trend over several quarters etc. Most importantly, you can see what is going on right now.

3, Market Barometer. Another good insight into the current situation is the Market Barometer, an analysis we created. Here we show the percentage of listings under contract. When this number is over 50% the market is red hot. When it is under 20% it is slow and under 10% on life support.

  1. Median Sales Prices. Everyone wants to know what is happening to prices. Are they going up? down? holding steady? The most useful comparisons are annual. Our year end review publishes a median sales price chart covering ten years.
  2. Days on Market shows the average number of days it takes to put a property in contract.

All of the numbers come from the Multiple Listing Service. There has been a recent change in number gathering. All data is now defined by zip codes.

If you compare our old charts with current ones you will notice the following: Carmel, Del Rey Oaks, Monterey and Monterey/Salinas Highway have disappeared; Carmel-by-the-Sea, Greater Carmel and Greater Monterey have appeared.

We explain these changes in our latest reports.

We are here for you!

Paul and Mark

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Article Archive:

The Housing Market
The Condo Market
2ndQtr-2015 TBA
1stQtr-2015 Strong Start to 2015 1st Quarter Report.
2ndQtr-2014 Steady as She Goes
1stQtr-2014 Mixed Market Greets the New Year
4thQtr-2014 Second Straight Billion Dollar Year
4th Quarter and Year End Report
3rdQtr-2013 Market Calms
2ndQtr-2013 Market Continues to Heat Up
1stQtr-2013 Market Barometer Extremely Strong
4thQtr-2012 Billion Dollar Market Returns
4th Quarter & Year End Report
3rdQtr-2012 Good but Not Great
2ndQtr-2012 Market Retains Upward Swing
1stQtr-2012 Market Poised to Rebound
4thQtr-2011 Dollar Volume Up – Prices Continue Down
4th Qtr 2011 and Year-End
3rdQtr-2011 Carmel Remains the Market Leader
2ndQtr-2011 Carmel Shines
1stQtr-2011 Peninsula Rebound Bucks National Trends
4thQtr-2010 Down Market Batters Long Term Gains
4th Qtr 2010 and Year-End
3rdQtr-2010 Market Reverses Again
2ndQtr-2010 Stunning Reversal of Fortune – Dollar Volume Soars
1st Qtr-2010 Some Excellent Barometer Readings – A Look at Distressed Properties
4thQtr-2009 Weak Year Ends with Glimmer of Hope
3rdQtr-2009 Hints of Improvement
2ndQtr-2009 Elite Markets Take a Hit – Foreclosure Market Red Hot
1stQtr-2009 National Crisis Hits Home. Prices Cracking
4thQtr-2008 Market Maintains Billion Dollar Level
3rdQtr-2008 Seaside, Marina, Del Rey Oaks Hot, Rest Struggle
2ndQtr-2008 Market Winners and Losers
1stQtr-2008 Market Still Sinking
4thQtr-2007 Market Woes Continue
3rdQtr-2007 Bright Sun Penetrates the Gloom
2ndQtr-2007 Market Slump Continues
4thQtr-2006 Market Ends Year With A Thud
3rdQtr-2006 Market in Major Slowdown
2ndQter-2006 Market Tumbles Supply Outstrips Demand
1stQtr-2006 Market Slowdown Continues
4thQtr-2005 Record Breaking Year Ends on Down Note
4thQtr-2004 Strong Fourth Quarter Closed Out Banner Year
4thQtr-2003 The Beat Goes On – Local Real Estate Market Unstoppable
4thQtr-2002 Another Billion Dollar Year
4thQtr-2001 Billion Dollar Plus 2000 Real Estate Haul Drops to Seven Hundred Fifty One Million
4thQtr-2000 Peninsula Real Estate Sales Top One Billion Dollars in 2000
4thQtr-1999 Rocketing Prices Are The 1999 Real Estate Story
March-1999 The Value of Place – Part 1
March-1999 The Value of Place – Part 2
3rdQtr-2014 3rd Quarter 2014 –
Condo Market Continues to Soften
2rdQtr-2014 Condo Market Pauses
1stQtr-2014 Condo Market – Inventory Eases a Bit
4thQtr-2013 4th Quarter 2013 & Year End – Condo Market – Inventory Tight
3rdQtr-2013 Condo Market Cools
2ndQtr-2013 Condo Market Rocking
1stQtr-2013 Condo Market Building Momentum
4thQtr-2012 Condo Market Bounced Back in 2012
4thQtr-2012 and Year-End
3rdQtr-2012 Condo Market Barometer Hits 7-Year High
2ndQtr-2012 Peninsula Condo Market — Number of Sales Pop Up
1stQtr-2012 Peninsula Condo Market Still in a Funk
4thQtr-2011 Peninsula Condo Market Declines Continue 4thQtr-2011 and Year-End
3rdQtr-2011 Peninsula Condo Market Rises Sharply
2ndQtr-2011 Condo Market Continues To Be Lackluster
1stQtr-2011 Condo Market – Year to Year Results Flat
4thQtr-2010 Condo Market – Year-End 2010 & 4th Quarter 4thQtr-2010 and Year-End
3rdQtr-2010 Condo Market – Gross Dollar Plunges
2ndQtr-2010 Condo Market Dollar – Gross Dollar Volume Jumps
1stQtr-2010 Condo Market Begins to Head Up
4thQtr-2009 Condo Market Ends Grim Year
3rdQtr-2009 Condo Market Has Some Life
2ndQtr-2009 Condo Market Dollar Begins to Stabilize
1stQtr-2009 Condo Market Dollar Volume Plunges
4thQtr-2008 Condo Market Struggles for the 3rd Consecutive Year: Long-Term Appreciation Less than Houses
3rdQtr-2008 Condo Market-Down But Not Out
2ndQtr-2008 Condo Market Remains in the Doldrums
1stQtr-2008 Condo Market Still in Funk
4thQtr-2007 Condo Market Wobbles Into the New Year
3rdQtr-2007 Condo Market Barometer Hits All-Time Low
2ndQtr-2007 Local Condo Market Still Shuffling
4thQtr-2006 Condo Markets Remain in Doldrums
3rdQtr-2006 Condo Market Falls To Historic Lows
2ndQtr-2006 Condo Market Falls On Hard Times
1stQtr-2006 Condo Market Remains Healthy
4thQtr-2005 Another Solid Year For Condo Sales
3rdQtr-2005 Great Quarter for Condos – Hint of Change
4thQtr-2004 2004 Condo Market Smashes 2003 Record
4thQtr-2003 Condo Market Achieves Record Dollar Volume
4thQtr-2002 Condo Market Sets New Highs
4thQtr-2001 Condo Market Down – Prices Mixed
4thQtr-2000 Condos Remain Scarce
4thQtr-1999 The Condo Market — Houdiniesque

Other Articles:


A Visit to Carmel’s Sister City, Petra, Mallorca

Carmel residents Paul & Nellie Brocchini have been co-skippering a chartered sailboat around Mallorca and Menorca for the last few weeks and have taken the opportunity to visit Carmel’s sister city, Petra. When Paul worked for the United States Information Agency, he and Nellie lived for three years in Bogotá and Cartagena, Colombia, where they learned to speak Spanish. Here is their account of their visit. Read More


Million Dollar View

On a warm, shirtsleeve Tuesday afternoon in December, we gathered at a wreck of a house fronting the sea. The smell of mold permeated the structure. Only the dimmest light made it into the dwelling through the filthy windows. Yellow construction tape with large, black “caution” warnings closed off holes that offered immediate vertical trips to the lower level. The interior ambience contrasted sharply with the pristine freshness outside. Read More


The Ano Nuevo Race

Mayhem in Monterey! Monterey Bay is an exciting place to sail. Check your map and you will see that it is an open bay, stretching more than 20 miles from Santa Cruz in the north to Monterey in the south. The wind machine is on for most of the year. The water is cold, averaging about 56 degrees, and the warming land creates daily onshore winds in the afternoon. Read More


Racing Sailboats on Monterey Bay

Dolphin Cup Regatta Shows Off the Glories of Monterey When I drive from Carmel over the hill to Monterey, I always look at the surface of the bay. I’m looking for wind lines, flat spots, white caps, the signs which sailors use to navigate their boats into the most propitious waters.

Sailing and racing on Monterey Bay is one of the most stimulating and, at times, challenging outdoor sports that the Monterey Peninsula offers. Read More

Customer Testimonial

Paul and Mark are true professionals and gave us their best efforts. The agent that represented the buyer was especially difficult to deal with and caused unnecessary stress and anguish for all involved on both sides. Fortunately, all ended well, thanks to Paul and Mark taking the “high road” and allowing for sometimes over zealous reactions. They both exemplify the best of attributes that we have come to expect from realtors over the past 30 plus years. We look forward to dealing with them again for our next purchase in the next year or so! — John & Bianca » View All
Paul Brocchini ~ (831) 601-1620
Mark Ryan ~ (831) 238-1498


Brocchini-Ryan ~ Carmel Real Estate & Monterey Peninsula Real Estate on Facebook Coldwell Banker Del Monte Realty, Carmel, CA 93921
CalBRE License #00904451 Cufon.now();

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