The 56 new multi-gen homes being built on the east end of Carmel Valley are selling briskly - they've sold 35 since they started in October, and they 're already releasing the final phase. Prices start around $1,800,000, with the HOA around $232 per month and the...
A reader asked if there has been an influx of investors around Carmel Valley. Buying an investment property is worth considering. Money sitting in the bank couldn't be more idle, and the rents around the 92130 have been averaging $2/sf, which is pretty strong. We've...
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:
Whether you are part of the multi-gen craze or not, it has impact on the choices available - virtually all builders are going for the big bombers, and hope buyers will adjust. These cost $2 million or more by the time you're done:
We did open escrow before Thanksgiving on the sale of the two-bedroom home in Trilogy 2 in Carmel Valley. The MLS entry had been on Friday morning, with open house scheduled for 12-3 on Saturday and Sunday. The weather was somewhat overcast, it is a gated community,...
A lively day at open house in Carmel Valley, the hotbed of San Diego real estate. A flood of lookers, but as of Saturday night, no written offers...yet. Open house 12-3 on Sunday!
Holy cow - only $729,000 for a spectacular detached-home in gated Trilogy! This is one of the premium locations high up the hill and away from road noise. The kitchen has been updated with new stove, refrigerator, dishwasher and backsplash, plus there is new carpet,...
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ It's that time of the year - the 2017 forecasts are starting to roll out! Zillow has been conservative about our local markets. For the most part, the actual appreciation of the Zillow Home Value Index has been...
Our favorite doomer went off again this week, focusing on how the high-end inventory has grown recently in the hot markets: http://mhanson.com/8-9-hanson-house-supply-surging-time-highs-toxic-trend-change-suddenly-focus/ The graph above shows the inventory of Orange...
I don't know the exact location of the new tract coming soon, but it will be a gated community off RSF Farms Rd. Save Save
