Just did a quick review on sales in Carmel, CA since August 1, 2010. Total of 27 sales with the highest sale at $4.8million and the lowest sale of $525,000. Only 7 of these sales were for properties over $1,000,000. Five of the sales were “Short Sales” and 1 foreclosure. The median sale price is $785,000. Carmel Sales There are 36 properties under contract right now — 11 are “Short Sales” and 2 are foreclosures. That mean’s 30% of the properties in contract... Read the rest of this entry »
Just had to drop by and pick up a Father’s Day gift for my golf addicted Dad who I’m sure will be glued to the TV next weekend. While I’ll be holding homes open in Pacific Grove wondering if any of these golf fans would like to own a little piece of golf heaven. Popularity: 3% [?] Read More →
Rainbow It’s been a long, wet winter. “We need the rain” is a refrain that is repeated from friend to friend. Rainbow Orange In between the driving rain, the brilliant sunshine and the hail, this rainbow glowed for a brief moment. Popularity: 1% [?] Read More →
Fortunately, I went last week and missed all the snow. Had lots of time to meet with friends, share stories, eat, drink. Next time, I’ll shop and museum. Popularity: 5% [?] Read More →
Pebble Beach Ocean Rainbow First day of the AT & T Pro-Am started off with sunshine and ended with sun but rained in between. Saw Michael Bolton playing Monterey Peninsula Country Club this AM. All players and caddies looking a little drippy. Popularity: 24% [?] Read More →
DinMarias Astrid made her first video with my new Nikon S70 digital camera. Maria and Nick hosted Diane and I to a lovely evening with delicious red wine and a fun banana rice casserole. Popularity: 9% [?] Read More →
I was doing research for a seller on sales and pending contracts in Pacific Grove. Though, I’ve been aware of which properties were in foreclosure and short sales, it was surprising when I gathered all this info into one report. The good news is that there are only 57 active single family residence listings, only 3 are foreclosures and 2 short sales. Of the 25 homes under contract, 60% of these transactions are distressed property sales (ie, foreclosures or short sales.) Since October 1,... Read the rest of this entry »
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... Read the rest of this entry »
Inventory on the Monterey Peninsula continues to decline in many areas. In October 2008, the inventory for Monterey County was 2,726 single family homes for sale in comparison to just 1,442 in October 2009. Total number of sales have remained fairly constant while median sale prices saw an overall decline of 12% over the past 12 months. Median sales prices are skewed in areas such as the Carmel Highlands where the average home sale price was extremely high. Carmel inventory remains very high... Read the rest of this entry »
#tSlideShow{ position:relative; width:450px; } #tSlideShow .tSlideShowFL a, #tSlideShow .tSlideShowFR a{ color:#06C; text-decoration:none; font-family: Verdana, Arial, Helvetica, sans-serif; font-size:10px; } #tSlideShow .tSlideShowFL a:hover, #tSlideShow .tSlideShowFR a:hover{color:#DF7E00 !important;text-decoration:underline !important;} Homes for sale in Pebble Beach Get this Widget There are 137 properties for sale in Pebble Beach ranging from the very affordable $438,950 for an ocean... Read the rest of this entry »
