- This topic has 100 replies, 5 voices, and was last updated 14 years, 3 months ago by sdrealtor.
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August 2, 2010 at 10:31 PM #586665August 2, 2010 at 10:33 PM #585617CoronitaParticipant
[quote=sdrealtor]Ok here is the Carmel Valley follow up by price tier:
$0 to $800K detached:
Active- 52
Contingent- 2
Pendings- 17
Monthly Sales – 12$800k to $1M detached:
Active- 51
Contingent- 2
Pendings- 17
Monthly Sales – 10$1M to $1.25M detached:
Active- 27
Contingent- 3
Pendings- 15
Monthly Sales – 6$1.25M to $1.5M detached
Active- 32
Contingent- 0
Pendings- 5
Monthly Sales – 6$1.5M plus detached
Active- 63
Contingent- 3
Pendings- 2
Monthly Sales – 5Overall it looks like a 4 to 5 month supply based upon closed sales in all ranges except the $1.5M plus.
What really jumps out is all the pendings between $1M and $1.25M. Perhaps it has something to do with the return of jumbo financing and some pent up demand that built up while it wasnt?[/quote]
Note to self. Price my sub $1million home @ $1.15million… heh heh…. I wonder what the quality of the 0-800k homes are like. Is it a case of scraping from the bottom? The other thing is I wonder if there’s any pattern in where the 1.0-1.25 are being purchased…I wonder if it’s all across the board, or is there a particular area where these purchase are being made, like in Carmel Country Highland area.
August 2, 2010 at 10:33 PM #585710CoronitaParticipant[quote=sdrealtor]Ok here is the Carmel Valley follow up by price tier:
$0 to $800K detached:
Active- 52
Contingent- 2
Pendings- 17
Monthly Sales – 12$800k to $1M detached:
Active- 51
Contingent- 2
Pendings- 17
Monthly Sales – 10$1M to $1.25M detached:
Active- 27
Contingent- 3
Pendings- 15
Monthly Sales – 6$1.25M to $1.5M detached
Active- 32
Contingent- 0
Pendings- 5
Monthly Sales – 6$1.5M plus detached
Active- 63
Contingent- 3
Pendings- 2
Monthly Sales – 5Overall it looks like a 4 to 5 month supply based upon closed sales in all ranges except the $1.5M plus.
What really jumps out is all the pendings between $1M and $1.25M. Perhaps it has something to do with the return of jumbo financing and some pent up demand that built up while it wasnt?[/quote]
Note to self. Price my sub $1million home @ $1.15million… heh heh…. I wonder what the quality of the 0-800k homes are like. Is it a case of scraping from the bottom? The other thing is I wonder if there’s any pattern in where the 1.0-1.25 are being purchased…I wonder if it’s all across the board, or is there a particular area where these purchase are being made, like in Carmel Country Highland area.
August 2, 2010 at 10:33 PM #586243CoronitaParticipant[quote=sdrealtor]Ok here is the Carmel Valley follow up by price tier:
$0 to $800K detached:
Active- 52
Contingent- 2
Pendings- 17
Monthly Sales – 12$800k to $1M detached:
Active- 51
Contingent- 2
Pendings- 17
Monthly Sales – 10$1M to $1.25M detached:
Active- 27
Contingent- 3
Pendings- 15
Monthly Sales – 6$1.25M to $1.5M detached
Active- 32
Contingent- 0
Pendings- 5
Monthly Sales – 6$1.5M plus detached
Active- 63
Contingent- 3
Pendings- 2
Monthly Sales – 5Overall it looks like a 4 to 5 month supply based upon closed sales in all ranges except the $1.5M plus.
What really jumps out is all the pendings between $1M and $1.25M. Perhaps it has something to do with the return of jumbo financing and some pent up demand that built up while it wasnt?[/quote]
Note to self. Price my sub $1million home @ $1.15million… heh heh…. I wonder what the quality of the 0-800k homes are like. Is it a case of scraping from the bottom? The other thing is I wonder if there’s any pattern in where the 1.0-1.25 are being purchased…I wonder if it’s all across the board, or is there a particular area where these purchase are being made, like in Carmel Country Highland area.
August 2, 2010 at 10:33 PM #586351CoronitaParticipant[quote=sdrealtor]Ok here is the Carmel Valley follow up by price tier:
$0 to $800K detached:
Active- 52
Contingent- 2
Pendings- 17
Monthly Sales – 12$800k to $1M detached:
Active- 51
Contingent- 2
Pendings- 17
Monthly Sales – 10$1M to $1.25M detached:
Active- 27
Contingent- 3
Pendings- 15
Monthly Sales – 6$1.25M to $1.5M detached
Active- 32
Contingent- 0
Pendings- 5
Monthly Sales – 6$1.5M plus detached
Active- 63
Contingent- 3
Pendings- 2
Monthly Sales – 5Overall it looks like a 4 to 5 month supply based upon closed sales in all ranges except the $1.5M plus.
What really jumps out is all the pendings between $1M and $1.25M. Perhaps it has something to do with the return of jumbo financing and some pent up demand that built up while it wasnt?[/quote]
Note to self. Price my sub $1million home @ $1.15million… heh heh…. I wonder what the quality of the 0-800k homes are like. Is it a case of scraping from the bottom? The other thing is I wonder if there’s any pattern in where the 1.0-1.25 are being purchased…I wonder if it’s all across the board, or is there a particular area where these purchase are being made, like in Carmel Country Highland area.
August 2, 2010 at 10:33 PM #586655CoronitaParticipant[quote=sdrealtor]Ok here is the Carmel Valley follow up by price tier:
$0 to $800K detached:
Active- 52
Contingent- 2
Pendings- 17
Monthly Sales – 12$800k to $1M detached:
Active- 51
Contingent- 2
Pendings- 17
Monthly Sales – 10$1M to $1.25M detached:
Active- 27
Contingent- 3
Pendings- 15
Monthly Sales – 6$1.25M to $1.5M detached
Active- 32
Contingent- 0
Pendings- 5
Monthly Sales – 6$1.5M plus detached
Active- 63
Contingent- 3
Pendings- 2
Monthly Sales – 5Overall it looks like a 4 to 5 month supply based upon closed sales in all ranges except the $1.5M plus.
What really jumps out is all the pendings between $1M and $1.25M. Perhaps it has something to do with the return of jumbo financing and some pent up demand that built up while it wasnt?[/quote]
Note to self. Price my sub $1million home @ $1.15million… heh heh…. I wonder what the quality of the 0-800k homes are like. Is it a case of scraping from the bottom? The other thing is I wonder if there’s any pattern in where the 1.0-1.25 are being purchased…I wonder if it’s all across the board, or is there a particular area where these purchase are being made, like in Carmel Country Highland area.
August 3, 2010 at 12:55 AM #585662sdrealtorParticipantFlu
The $1M to 1.25M market is interesting. The active listings are split evenly between north and south of 56. The closed sales skew slightly to the North side of 56. The pendings skew heavily to the North side of 56. Sounds like my people buying not yours;)August 3, 2010 at 12:55 AM #585755sdrealtorParticipantFlu
The $1M to 1.25M market is interesting. The active listings are split evenly between north and south of 56. The closed sales skew slightly to the North side of 56. The pendings skew heavily to the North side of 56. Sounds like my people buying not yours;)August 3, 2010 at 12:55 AM #586288sdrealtorParticipantFlu
The $1M to 1.25M market is interesting. The active listings are split evenly between north and south of 56. The closed sales skew slightly to the North side of 56. The pendings skew heavily to the North side of 56. Sounds like my people buying not yours;)August 3, 2010 at 12:55 AM #586396sdrealtorParticipantFlu
The $1M to 1.25M market is interesting. The active listings are split evenly between north and south of 56. The closed sales skew slightly to the North side of 56. The pendings skew heavily to the North side of 56. Sounds like my people buying not yours;)August 3, 2010 at 12:55 AM #586700sdrealtorParticipantFlu
The $1M to 1.25M market is interesting. The active listings are split evenly between north and south of 56. The closed sales skew slightly to the North side of 56. The pendings skew heavily to the North side of 56. Sounds like my people buying not yours;) -
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