This is a great example of the entry level of Carmel Valley detached-homes. A typical 3br/2.5ba, 1,763sf tract house from 1986 – it listed for $895,000, and sold in six days for $890,000, or $505/sf:
Klinge Realty Group
Are you looking for an experienced agent to help you buy or sell a home?
Contact Jim the Realtor!
- 682 S. Coast Hwy 101, Suite #110
Encinitas, CA 92024
- (858) 997-3801 call or text
CA DRE #01527365, CA DRE #00873197
New post (Boomers and Their Kids) has been published on http://bubbleinfo.com - https://www.bubbleinfo.com/2022/01/20/boomers-and-their-kids/
During the pandemic, home prices have risen faster and in far more places than during the housing bubble.
If you've been locked out of the market, there's likely no quick reprieve coming. https://www.nytimes.com/2022/01/20/upshot/home-prices-surging.html
Putting together a presentation for Phoenix. This is the most dramatic shift I've seen so far. $200-300K was ~50% of the market in 2020. Now, 5% if lucky