NYC I do not have any intimate knowledge of the complex. Like most other attached housing developments in town, this one has seen some depreciation. I assume you are looking at the 950 sf units. Someone actually bought one of these units for 440k back in 2005. I see 3 other sales of these units at 415k, 415k and 416k respectively 2004, 2006 and 2005… Then in July I see a sale at 368k…Right now nothing is pending (in escrow) and there are 3 units for sale in price ranges in the upper 300’s…
I am sorry I do not have insights into the complex. I would expect continued depreciation commensurate with the area and that type of housing. Carmel Valley in general has lots of attached homes to choose from and it will continue to be that way.
