Christine Monteith on the Pebble Beach Coast » cottage

Shrinking Inventory in Pacific Grove

Christine Monteith — Tue, 15 Dec 2009 23:31:29 +0000

Bay View Cottage

As of today, there are only 57 homes on the market in Pacific Grove, ranging in price from $2,199,000 to $400,000. Compare that to 120 active listings last winter. At the same time, there are 23 homes currently under contract listed from $1,699,000 to $389,000. Of those 23 homes, 11 properties are short sales or foreclosures.

The market is hot in Pacific Grove when a well-priced home hits the market. 309 10th Street (pictured here) was listed on Friday December, 11 by the following Monday, we had received 3 offers. This home is not a short sale or foreclosure. It is a tidy, well-maintained 2 bed/2 bath, 1,000 sf on a 3,600 sf lot with a 2 car garage and bay view from the front bedroom listed at $600,000. This property went into escrow on Tuesday. The buyers with financing are in the market and when they see a property at a good value, it sells.

Snow on the Severn

Christine Monteith — Wed, 04 Nov 2009 05:10:19 +0000

Severn River

Autumn colors will fade as the temperature drops and the sunlight disappears earlier each evening. But my memories of this summer and many summers past live on. I wait patiently through the next months until I stand in the bright sunshine on my dock.

Panoramio & Jack Pines

Christine Monteith — Sat, 31 Jan 2009 00:31:38 +0000

I’ve been web-published! Actually, my photo of the view from my cottage, Jack Pines, has been published at Panoramio. I posted this image about a year ago and it just showed up.

view from Jack Pines