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Are you looking for an experienced agent to help you buy or sell a home? Contact Jim the Realtor!

Carlsbad
(760) 434-5000

Carmel Valley
(858) 560-7700
jim@jimklinge.com


Posted by on Dec 9, 2012 in Carmel Valley | 0 comments | Print Print

CV Seller Survey

I speculated here that half of the recent sellers were long-time owners, having purchased prior to the big run-up that started in 2003.  Of the areas in NSDCC, Carmel Valley has the newest housing stock, yet a review of their November sales showed that 43% (13 of 30) had been purchased prior to 2003.

One-third of the sellers (ten of 30) sold for a loss, averaging -$128,700 each.  Most of those were purchased in 2004 and 2005.

Gain/loss results of those sellers who had purchased recently:

2008:  +$53,000, -$40,000

2009:  +$3,000

2010:  +$45,000

There were no REOs, and only one short-sale.

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