Please find below Closed Escrows, New Listings and other updates from Carmel Realty Company. To view all of our homes for sale in Pebble Beach, Carmel and Carmel Valley, California, visit our Real Estate Listings page on our website, www.carmelrealtycompany.com. Also find us on Facebook and on Twitter @Carmel_Realty. Special congratulations to the Mitchell Team and Mike Canning & Lynn Knoop on 1495 Padre Lane. Stunning home on Pebble Beach with amazing views (see photo to the left). CLOSED ESCROWS … Continue reading The Brokers’ Newsletter – Week of March 18, 2013
Recent Sales
The Brokers’ Newsletter – Week of March 18, 2013
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Carmel Valley Real Estate Market Update
Carmel Valley Real estate update including a discussion of sales price, inventory and residential home sales.
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Carmel Valley Residential Market Snapshot
Carmel Valley pricing slipped in mid 2007 and early 2008 and then suffered an additional decline from late 2008 through the spring of 2009. By giving back value early, Carmel Valley pricing while not appreciating did appear to have found a plateau in 2010 into early 2011 with a slip in values in late 2011. Much of the pricing variability is in the highest end of the market, discussed below. The “Valley” is the most geographically diverse of our markets … Continue reading Carmel Valley Residential Market Snapshot
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Pebble Beach Market Snapshot
Pebble Beach Home Sales Pebble Beach is known internationally for its golf courses, magnificent estates, the Pebble Beach Lodge, and 17 mile drive. It may come as a surprise to learn there are 2,900 developed lots in Del Monte Forest (Pebble Beach) the majority of which are homes under 2,800 square feet. While there are homes of larger size and higher price throughout the forest, the majority of the more expensive homes are located closest to the coast, the Lodge, … Continue reading Pebble Beach Market Snapshot
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Recent Foreclosed / REO Home sales in Carmel, California
Carmel Foreclosed Home Sales in Last Six Months At the moment there are only three foreclosed homes listed for sale, but over the last six months a total of ten bank owned homes have sold in Carmel, California. On the high side there was a 4,226 square foot home at 24802 Eastfield Place that sold for $1,450,000 in March. The other extreme was a home on Canada Lane that sustained major damage when a tree fell through the roof. Some … Continue reading Recent Foreclosed / REO Home sales in Carmel, California
1 March 2009 Carmel Real Estate Market Update
As we move into March there are 240 homesfor sale in the greater Carmel area (Carmel-by-the-Sea and the surrounding area), with properties taking about 180 days to sell…. These days, the number of sellers that “give up” is well above past years. This is reflected in the higher number of expired and canceled listings. As the Carmel real estate market has softened I have seen buyers shift their attention from areas such as Carmel Woods or south east neighborhoods of Carmel-by-the-Sea to … Continue reading 1 March 2009 Carmel Real Estate Market Update
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23 January 2009, Pebble Beach Real Estate Update
Market Profile There are currently 5 Pebble Beach properties in escrow ranging in list price from $1,745,000 to a vacant lot listed for $300,000. (Current Pebble Beach Pending Sales) There have been 13 closed sales in Pebble Beach since October 1, 2008, ranging in sale price from $3,150,000 to $675,000 (Pebble Beach Sales since 10/1/2008). As with other Peninsula markets, Pebble Beach remains firmly at the “buyer’s” end of the spectrum with 207 average days on market. While Pebble Beach … Continue reading 23 January 2009, Pebble Beach Real Estate Update
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November 2008 Home Sales Compared to 2007 in Pebble Beach, Carmel, Carmel Valley
November is over. Certainly a slower real estate market on the Monterey Peninsula than in the months leading up to it. Carmel Valley Carmel Valley saw only two homes go into escrow. Then again, in November of 2007 there were only three home sales in Carmel Valley in November. The difference? This year list the list price of Carmel Valley properties were $699,000 and $550,000. Last year: $2,850,000, $1,650,000 and $1,475,000. The orange line represents Median Price 1 Year ago, the … Continue reading November 2008 Home Sales Compared to 2007 in Pebble Beach, Carmel, Carmel Valley
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Carmel Real Estate Market Update 18 Nov 2008
There are 150 properties for sale in Carmel, with properties taking over 180 days to sell….when they sell. These days, the number of sellers that “give up” is well above past years. This is reflected in the higher number of expired and canceled listings. As the market has softened I have seen buyers shift their attention from areas such as Carmel Woods or south east neighborhoods of Carmel-by-the-Sea to closer to town and into the “golden rectangle.” Properties are still … Continue reading Carmel Real Estate Market Update 18 Nov 2008
Carmel Valley Recent Home Sales, 1 August to 10 November 2008
Nineteen properties have sold in Carmel Valley, including those in escrow, since August 1st of 2008. Carmel Valley includes Cachagua, the next valley to the south from Carmel Valley. The Sales are listed below, by list price. As you will notice, many of these properties saw a price decrease from their original list price. As with elsewhere, sellers and their agents are reducing list prices in an effort to find the market. Tomorrow I will be posting updated Carmel … Continue reading Carmel Valley Recent Home Sales, 1 August to 10 November 2008
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