Carmel Valley still seems like a hot market. Derby Hill sold out it’s last release in December on the day of release and another release is scheduled for January 19th. The first re-sales are coming out in Derby Hill and the owners feel confident to ask $1.59-1.69 for a Plan 2 and $1.299 (FSBO) for a Plan 1. There are also at least two Saratoga resales, too, at $1.1-$1.25 and $1.15 (both the largest Plan 3’s). It seems to me that Carmel Country Highlands continues to hold strong.
