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Monday, March 31st, 2008 at 1:59 PM

Carmel Valley 1Q08

Currently the MLS is showing 64 detached sales for the first quarter of 2008 – there were 114 in 1Q07, a drop of 44% (though there will be more added to this year’s count over the next couple of weeks). There were 22 of the 64, or 34%, that had previously sold since 2004 – how did they do? Here is a summary:

Street Address	Previous Year	Previous Price	1Q08 Sales Price	% chg	REO/SS
4754 Sunset Hghts	2004	$962,000	$1,250,000	+30%	SS
4918 Sterling Grv	2004	$995,000	$1,175,000	+18%
5742 Brittany For	2004	$1,400,000	$1,600,000	+14%
5840 Blazing Star	2007	$1,213,000	$1,250,000	+3%
13121 Chambord	2005	$990,000	$1,015,000	+3%
13500 Moonflower	2005	$804,000	$795,000	-1%
12773 Jordan Rdg	2004	$995,000	$975,000	-2%
5035 Ashley Falls	2004	$1,256,000	$1,180,000	-6%
13525 Scarlet Sage	2005	$780,500	$715,000	-8%
4255 Cte De Sausalito	2005	$752,000	$684,000	-9%	SS
13513 Pac Hlands Rch	2005	$776,000	$710,000	-9%
12791 Briarcrest	2006	$876,000	$800,000	-9%	REO
3959 Santa Nella	2005	$950,000	$859,000	-10%
14181 Cmto Vistana	2005	$2,350,000	$2,100,000	-11%
7631 McGonigle	2004	$925,000	$800,000	-14%	REO
11357 Carmel Crk	2004	$780,000	$646,500	-17%	REO
3688 Torrey View	2006	$1,045,000	$868,000	-17%
6035 Roselle Mdws	2005	$862,000	$690,000	-20%	REO
6515 Cmto Stella	2005	$2,035,000	$1,625,000	-20%	REO
6473 Mesa Norte	2005	$2,275,000	$1,775,000	-22%	REO
12656 Cmto Radiante	2006	$1,100,000	$795,000	-28%	REO

If you throw out the three high and low numbers to avoid skweing, the average and median losses end up about the same at -9%.

Posted on Monday, March 31st, 2008 at 1:59 PM in Same-House Sales | 1 Comment » | Print You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.