I agree that Carmel Valley and North Park are very different areas. But each area attracts a kind of person. There are many people that love North Park for the diversity, city-like feel. Those would not be the people, generally, that like Carmel Valley, safe and – hate to say this – white-bread, generally. Not saying it as an offense to anyone, just generalizing between C.V. and N.P.
Nevertheless, there are buyers looking for deals and probably just as many that would like to live in NP as CV, just different types.
I heard hundreds of people showed up for the auction in NP.