Initially this comparison of two sales on the same street had the appearance of  an extra-wide spread; $810,000 to $1,100,000.  But in the end it was about right – an add of 10% for a bigger south-facing canyon-front backyard, and a minus-5% roughly for short sales. 

It helped re-inforce how uniform the pricing is around the tract-house-heavy Carmel Valley, where buyers loaded with internet data are making similar decisions.

So instead of adding the two model-matches across the street from each other on Foxhound that sold within $10/sf of each other, I tacked on two recent foreclosures and a short-sale: 

author avatar
Jim the Realtor
Jim is a long-time local realtor who comments daily here on his blog, which began in September, 2005. Stick around!

Pin It on Pinterest