Of the fifty-two Carmel Valley houses listed for sale this year that are located south of the 56, my listing yesterday is the fourth least-expensive, which should help to propel the sale.
We saw the house with a pool that closed on March 15th for $1,197,000. But the most interesting comp is the house on Vereda Luna Llena that listed on March 20th for $1,150,000 ($51,000 higher than mine):
It has has similar square footage, backs to the same street, and has a detached garage in back. The yard is larger, but you also look at power lines too – and it went pending in 6 days:
If all that matters is having good comps, then we should be fine. But any market can turn on a dime, or simply run out of buyers – and having comps nearby won’t be enough then.
Is the street behind a major hurdle?
There have been a steady flow of sales with not much discount for the road – this one just closed yesterday for $1,538,000.
We should have a good test of the market this weekend!
After being on Zillow for less than 24 hours:
Plus 143 views of the youtube tour in first 28 hours.
Quite sure this one will sell well over asking, if I were I would push envelope a bit more & price it around $1.16M..Good Luck!!!
Two thoughts:
1. I wonder if a general rule can be applied via qualified Zillow stats regarding proper pricing. That is, the number of views, and saves, related to the amount of time listed initially. How many initial views and saves tell you the pricing is too high/low/just about right?
2. Zillow is evil.
This picture makes me feel so conflicted! Prius on the driveway and an 80’s Crown Vic off the street! LOL!
But yeah, ugly power line views should have knocked off at least 5-10%, at least in a normal market. Who knows what people are thinking today!