A Number of Carmel Valley homes for sale, when they sold last, and what they sold for…..

[CAwireman]

My wife and I did some looking around today. Here’s what we found in a nice part of Carmel Valley:

Street
Current Sale Price
Prior Sale year and Price

1) Monterey Cypress
$1,195,000
2004 $960,000

2) Carriage Ct
$1,089,000
2003 $810,000

3) Seabreeze Farms
$1,195,000
2001 $708,000

4) Concannon Court
$1,484,000
2004 $1,250,000

5) Beauchamp Court
$1,349,000
1996 $505,000

6) Smith Canyon Court
$1,250,000
2007 $1,275,000
1992 $462,387

7) Ashley Falls Drive
$979,000
2000 $655,000

I will note that all the realtors we spoke with were pretty nice and not high-pressure. Seemed to understand that we are in uncharted territory.

For the realtors out there, are the Carmel Valley properties still selling well and holding value?

[SD Realtor]

Most all sellers are still demanding a premium for Carmel Valley homes. Unfortunately that is the way it is out there… still… I would characterize the demand as being fair but yes I agree with you that any agents with listings would more then likely urge the sellers to price aggressively…. right now we have 186 actives with 47 pendings…

I think CV will very much be driven by employment and as long as there is gainful employment then it will come down but in a slower more frustrating manner. Have patience and you guys will get there…

[SD Realtor]

Most all sellers are still demanding a premium for Carmel Valley homes. Unfortunately that is the way it is out there… still… I would characterize the demand as being fair but yes I agree with you that any agents with listings would more then likely urge the sellers to price aggressively…. right now we have 186 actives with 47 pendings…

I think CV will very much be driven by employment and as long as there is gainful employment then it will come down but in a slower more frustrating manner. Have patience and you guys will get there…

[SD Realtor]

Most all sellers are still demanding a premium for Carmel Valley homes. Unfortunately that is the way it is out there… still… I would characterize the demand as being fair but yes I agree with you that any agents with listings would more then likely urge the sellers to price aggressively…. right now we have 186 actives with 47 pendings…

I think CV will very much be driven by employment and as long as there is gainful employment then it will come down but in a slower more frustrating manner. Have patience and you guys will get there…

[SD Realtor]

Most all sellers are still demanding a premium for Carmel Valley homes. Unfortunately that is the way it is out there… still… I would characterize the demand as being fair but yes I agree with you that any agents with listings would more then likely urge the sellers to price aggressively…. right now we have 186 actives with 47 pendings…

I think CV will very much be driven by employment and as long as there is gainful employment then it will come down but in a slower more frustrating manner. Have patience and you guys will get there…

[SD Realtor]

Most all sellers are still demanding a premium for Carmel Valley homes. Unfortunately that is the way it is out there… still… I would characterize the demand as being fair but yes I agree with you that any agents with listings would more then likely urge the sellers to price aggressively…. right now we have 186 actives with 47 pendings…

I think CV will very much be driven by employment and as long as there is gainful employment then it will come down but in a slower more frustrating manner. Have patience and you guys will get there…

[urbanrealtor]

I dunno SD.
I have not checked the numbers to verify your ratios but the ones you describe represent an even market leaning slightly toward seller’s market. A 4-1 ratio of active to pending typically means a tight set of inventory and fairly brief market times.

Sounds like carmel valley is not so unhealthy.

Just sayin.

[urbanrealtor]

I dunno SD.
I have not checked the numbers to verify your ratios but the ones you describe represent an even market leaning slightly toward seller’s market. A 4-1 ratio of active to pending typically means a tight set of inventory and fairly brief market times.

Sounds like carmel valley is not so unhealthy.

Just sayin.

[urbanrealtor]

I dunno SD.
I have not checked the numbers to verify your ratios but the ones you describe represent an even market leaning slightly toward seller’s market. A 4-1 ratio of active to pending typically means a tight set of inventory and fairly brief market times.

Sounds like carmel valley is not so unhealthy.

Just sayin.

[urbanrealtor]

I dunno SD.
I have not checked the numbers to verify your ratios but the ones you describe represent an even market leaning slightly toward seller’s market. A 4-1 ratio of active to pending typically means a tight set of inventory and fairly brief market times.

Sounds like carmel valley is not so unhealthy.

Just sayin.

[urbanrealtor]

I dunno SD.
I have not checked the numbers to verify your ratios but the ones you describe represent an even market leaning slightly toward seller’s market. A 4-1 ratio of active to pending typically means a tight set of inventory and fairly brief market times.

Sounds like carmel valley is not so unhealthy.

Just sayin.

[Veritas]

The bail out will prop up the banks and to some extent the economy. That will not prevent the Alt A loans from resetting and there will be widespread damage from those loans which should affect many areas that have so far looked immune from the real estate bubble. It is a waiting game.

[Veritas]

The bail out will prop up the banks and to some extent the economy. That will not prevent the Alt A loans from resetting and there will be widespread damage from those loans which should affect many areas that have so far looked immune from the real estate bubble. It is a waiting game.

[Veritas]

The bail out will prop up the banks and to some extent the economy. That will not prevent the Alt A loans from resetting and there will be widespread damage from those loans which should affect many areas that have so far looked immune from the real estate bubble. It is a waiting game.

[Veritas]

The bail out will prop up the banks and to some extent the economy. That will not prevent the Alt A loans from resetting and there will be widespread damage from those loans which should affect many areas that have so far looked immune from the real estate bubble. It is a waiting game.

[Author]

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